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Germany Invites Comments on 2016 Renewable Energy Sources Act
Business & Finance

Germany Invites Comments on 2016 Renewable Energy Sources Act

Germany’s Federal Ministry for Economic Affairs and Energy (BMWi) has invited the federal states and associations to provide comments on the 2016 Renewable Energy Sources Act (EEG 2016) which includes a draft bill for the development and promotion of offshore wind energy – WindSeeG. The EEG 2016 pro

about 10 years ago
Aqualis Offshore and CSDC Strike Up Engineering Partnership
Business & Finance

Aqualis Offshore and CSDC Strike Up Engineering Partnership

Aqualis Offshore and China Ship Design & Research Center (CSDC) have signed an agreement to cooperate on offshore engineering projects both in China and internationally which could potentially include wind farm installation vessels. Under the agreement, Aqualis Offshore and CSDC will cooperate in th

about 10 years ago
Imtra Kits Out Atlantic Pioneer with Lights and Wipers
Business & Finance

Imtra Kits Out Atlantic Pioneer with Lights and Wipers

Massachusetts-based Imtra has recently delivered a searchlight, wipers and LED lights to the first US-flagged offshore wind farm crew transfer vessel (CTV) – the Atlantic Pioneer. Imtra has supplied the Colorlight CL20 high-output searchlight, Decca Straight Line wiper system, and LED deck, interior

about 10 years ago
Siemens and Rentel Seal the Turbine Deal
Business & Finance

Siemens and Rentel Seal the Turbine Deal

The Belgian consortium behind Rentel NV has officially signed a contract with Siemens for the supply and the 17-year servicing and maintenance of 42 7MW offshore wind turbines. The signing of the contract follows the announcement made in October 2015 that Rentel chose Siemens as the preferred turbin

about 10 years ago
EKF: Race for Investments into Wind Heating Up
Business & Finance

EKF: Race for Investments into Wind Heating Up

A large number of international banks and investors have emerged from the financial crisis and are now offering venture capital for green investments such as offshore wind, a healthy and positive sign reflecting a more mature market, but the one that places new demands on early investors, Denmark’s

about 10 years ago
Rhyl Flats Community Fund There for the Taking
Business & Finance

Rhyl Flats Community Fund There for the Taking

RWE Innogy UK has invited local Welsh community groups to apply for grants from the Rhyl Flats Offshore Wind Farm Community Fund. The fund has been set up to support community organisations and voluntary groups based in Rhyl and the following wards in Conwy: Pensarn, Colwyn, Eirias, Gele, Glyn, Kinm

about 10 years ago
Offshore Wind Becoming a Big-Ticket Item
Business & Finance

Offshore Wind Becoming a Big-Ticket Item

Investors who traditionally focus solely on big-ticket mergers and acquisitions are showing interest in offshore wind projects as returns on investments in more conventional infrastructure assets are pushed lower and lower, according to Macquarie. Pension funds, sovereign wealth funds and insurers t

about 10 years ago
Galloper Developers and Sizewell B Launch Community Fund
Business & Finance

Galloper Developers and Sizewell B Launch Community Fund

Galloper Wind Farm Limited (GWFL), the developers of the 336MW Galloper offshore wind farm, have teamed up with EDF Energy’s Sizewell B nuclear power station to launch a new community fund in Suffolk. The Leiston and Sizewell Community Fund will be distributed over a seven year period. Over GBP 85,0

about 10 years ago
Fitch Ratings: Investment Grade Possible for Offshore Wind Projects
Business & Finance

Fitch Ratings: Investment Grade Possible for Offshore Wind Projects

Operational offshore wind projects may be rated investment-grade, subject to adequate mitigation of technical and operational performance risk, Fitch Ratings said in a report. Offshore wind farms under construction are exposed to materially greater challenges compared with onshore projects and their

about 10 years ago
Offshore Wind Turns Europe into Top Green Energy Investor
Business & Finance

Offshore Wind Turns Europe into Top Green Energy Investor

Two multi-billion dollar offshore wind projects have turned Europe into the strongest performing region in terms of clean energy investments in the first quarter of 2016, according to the data compiled by Bloomberg New Energy Finance (BNEF). The two projects, the 1.2GW Hornsea Project One and the 71

about 10 years ago
Greenport Hull Is Bringing Salmon Back
Business & Finance

Greenport Hull Is Bringing Salmon Back

Associated British Ports (ABP) allotted GBP 15,000 for a project to reintroduce salmon to a stretch of river in North Yorkshire through a partnership established to support populations of migratory fish in the Humber as part of the Greenport Hull Alexandra Dock development. The Greenport Hull Alexan

about 10 years ago
Blue Water Shipping Taking Care of Wikinger Jackets and Piles
Business & Finance

Blue Water Shipping Taking Care of Wikinger Jackets and Piles

Danish shipping company Blue Water Shipping (BWS) has won a contract to handle and transport jackets and piles constructed for the 350MW Wikinger offshore wind farm in the German sector of the Baltic Sea. The wind farm comprises 70 turbines with four-legged jackets fastened to the seabed with four p

about 10 years ago
Saipem Enters Hywind Scotland Project
Business & Finance

Saipem Enters Hywind Scotland Project

Italian oil & gas and renewables industry contractor Saipem has signed a contract with Statoil for the lift and mating operations of offshore floating wind turbines for the 30MW Hywind Scotland Pilot Park project. The deal is part of EUR 430 million worth of E&C contracts this subsidiary of the Ital

about 10 years ago
US, Israel Jointly Endow Renewable Energy R&D; Offshore Wind Projects Eligible
Business & Finance

US, Israel Jointly Endow Renewable Energy R&D; Offshore Wind Projects Eligible

BIRD Energy, a programme sponsored by the U.S. Department of Energy and the Israeli Ministry of Energy and Water Resources, has issued a Call for Proposals for funding of renewable energy and energy efficiency research and development (R&D) projects. Among others, the areas of R&D themes that are wi

about 10 years ago
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