Search results for: thor

117 results

A list of search results

  • 25 November 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The Danish Energy Agency has invited a number of bidders for the Thor offshore wind farm to draw lots, as more than one bidder has offered the minimum price of DKK 0.01/kWh in combination with the largest capacity. More than one bidder has offered to build the Thor offshore wind farm to the maximum capacity […]

  • 10 September 2021
    Wind Farm Update

    Akrocean has completed a one-year wind and meteorological and oceanographic (metocean) campaign for the Thor offshore wind farm in Denmark. The company retrieved its floating LiDAR from the project site in the Danish part of the North Sea earlier this summer and delivered wind and metocean data to the Danish transmission system operator (TSO) Energinet. Energinet, […]

  • 1 December 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The Danish Ministry of Climate, Energy and Utilities and the Danish Energy Agency (DEA) have announced that Thor Wind Farm I/S (owned by RWE AG, RWE Renewables GmbH, and RWE Renewables Management UK Limited) has won the tender for the 1,000 MW Thor project, Denmark’s largest offshore wind farm to date. Earlier this year, the Danish […]

  • 23 December 2021
    Business & Finance

    Offshore wind projects coming online in 2021 are getting revenues that are on a EUR per MWh basis on average 55 per cent lower than in 2014, according to Wood Mackenzie. And the most recent bids and WoodMac’s projection show that revenues in 2025 will be 25 per cent lower than in 2021, the energy […]

  • 6 December 2021
    Authorities, Contracts & Tenders

    The government of Denmark and several political parties have agreed to add up to 3 GW of new offshore wind capacity to be developed before 2030 as part of the Finance Act 2022. According to the green sub-agreement to the Finance Act 2022, 2 GW of offshore wind capacity must be offered for development before […]

  • 8 October 2021
    Authorities, Wind Farm Update

    As the analysis of the seabed suitability for an offshore wind farm continues for the Hesselø project site, the Danish Energy Agency (DEA) is now searching for alternative areas for the second of the three large-scale offshore wind farms Denmark is planning to build under the Energy Agreement from 2018, in case the Hesselø site […]

  • 8 October 2021
    R&D, Wind Farm Update

    An issue with soft seabed conditions at the Hesselø offshore wind farm site is currently being investigated in relation to the framework set for the project and the planned (and currently paused) tender process, with one of the solutions now mentioned being the development of the second of Denmark’s three new large-scale offshore wind farms […]

  • 12 October 2021
    Authorities, Business & Finance, R&D, Technology

    The European Patent Office (EPO) has confirmed its intention to grant Hexicon a European patent for the company’s floating wind power platform with tilted towers. EPO has also examined a third-party submission, similar to the objection filed against the patent already granted in Sweden, and did not find it relevant, in accordance with Hexicon’s previous […]

  • 14 January 2022
    Authorities, R&D, Technology, Wind Farm Update

    The Twin Hub floating demonstrator project in the Celtic Sea has now been awarded a marine licence for a renewable energy test site in Cornwall, South West England. The marine licence is the latest consent for the project which was awarded a Section 36 consent in 2020. Hexicon AB completed the acquisition of the consented […]

  • 29 December 2021
    Business & Finance, Technology

    Sweden’s Hexicon has created a 50-50 joint venture – AvenHexicon SRL – with Avapa Energy to jointly develop floating wind power projects in waters offshore Italy. In addition, Hexicon will license its patented technology to AvenHexicon for use in its projects and by third parties. Italy is one of the main recipients of the EU […]

  • 8 September 2021
    Business & Finance

    After announcing their collaboration on floating wind development in Sweden earlier this year, Aker Offshore Wind and Hexicon have now established a 50/50 joint venture in the country. The two companies have appointed former Swedish Finance Minister Pär Nuder and former Vattenfall executive Mikael Kramer to the Board of Directors of the joint venture, with […]

  • 15 December 2021
    Business & Finance, Wind Farm Update

    Vattenfall has taken the final investment decision for Vesterhav Syd and Vesterhav Nord, adding 344 MW of electricity capacity to the Danish energy system towards 2023. With the final investment decision at a value of EUR 769 million, Vattenfall and its suppliers will initiate the last stage of the development of the two offshore wind […]

  • 2 August 2021
    Business & Finance, R&D, Technology

    Swedish floating wind farm developer Hexicon has completed its acquisition of the Wave Hub renewable energy test site in Cornwall, South West England, paving the way for a GBP 100+ million floating demonstrator project in the Celtic Sea by 2025. The deal, first announced in May, sees Hexicon through its UK subsidiary, TwinHub Limited, acquire […]

  • 1 September 2021
    Technology, Wind Farm Update

    Shell Overseas Investment B.V. and CoensHexicon Co., LTD have established a joint venture to develop and operate a 1.4 GW floating wind project off the south-east coast of South Korea. Shell controls an 80 per cent stake in the MunmuBaram joint venture, and CoensHexicon, a joint venture between Hexicon and Korean company COENS Co, controls […]

  • 24 June 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The Danish Energy Agency has published the final tender conditions for Denmark’s largest offshore wind farm – Thor. With the publication, all the basic elements of the tender are in place, and the bidders now have four months to prepare their final bids for the offshore wind farm. The deadline for submitting bids is 8 […]

  • 25 June 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The Danish Energy Agency has paused the tendering procedure for the Hesselø offshore wind farm to allow more time for the analysis of the results of preliminary seabed studies. The tender was paused after the analysis of Energinet’s preliminary seabed surveys identified soft clay bottoms in large parts of the designated area, especially in the […]

  • 21 June 2021
    R&D, Technology

    Hexicon has completed a model test of its two-turbine floating wind platform at the MARIN testing centre in the Netherlands. The testing was part of the design work for the company’s demonstration project TwinWay, which will see the floating wind platform installed at Metcentre in Norway by 2023. The model was tested in extreme weather […]

  • 31 May 2021
    Authorities, Wind Farm Update

    The Danish Energy Agency has concluded that the Plan for the Thor offshore wind project can be realized in the dedicated site west of Thorsminde in the Danish North Sea without significant impacts to the environment. At the same time, the Danish Energy Agency has narrowed down the site for the wind farm from 440 […]

  • 18 May 2021
    Business & Finance, R&D, Technology

    Swedish floating wind developer and technology provider Hexicon is to acquire the Wave Hub offshore renewable energy test site in Cornwall, South West England. The deal, which is expected to complete at the end of May, will see Hexicon through its UK subsidiary, TwinHub Limited, acquire the assets of Wave Hub Limited from local authority, […]

  • 10 May 2021
    R&D, Technology

    Swedish floating wind specialist Hexicon will develop a demonstrator project for floating wind power at Metcentre’s deep water area off of Norway’s coast. The project, TwinWay, is a pilot to commercialise new offshore floating wind technology, Hexicon said. The Stockholm-based Hexicon develops wind power projects in deepwater areas based on patented technology, and Norwegian Marine […]

  • 21 April 2021
    Contracts & Tenders, Wind Farm Update

    Denmark’s transmission system operator Energinet has selected the UK marine survey specialist Gardline Ltd to carry out preliminary geotechnical investigations at the Hesselø offshore wind farm. The Hesselø offshore wind farm is located north of Sealand in Kattegat, in Hesselø Bay, at a distance of 30 kilometres from Sealand and around 20 kilometres from the […]

  • 29 March 2021
    Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update

    The Danish government and the parties to the Climate Agreement have agreed on a subsidy scheme for the Hesselø offshore wind farm. To a large extent, the subsidy scheme for Hesselø is similar to the subsidy scheme decided for the Thor offshore wind farm which was based on the recommendations from The Danish Council on […]

  • 29 March 2021
    Business & Finance

    Aker Offshore Wind and Hexicon have entered into an agreement to together explore floating wind opportunities offshore Sweden. The companies intend to establish a 50-50 joint venture with an ambition to realize multiple Swedish projects with a combined capacity of several gigawatts. Aker Offshore Wind and Hexicon plan to explore a range of opportunities to […]

  • 2 March 2021
    Authorities, Business & Finance, Wind Farm Update

    The European Commission has approved, under EU State aid rules, Danish support for the Thor offshore wind farm project. Denmark notified the Commission of an aid measure, with a total maximum budget of DKK 6,5 billion (approximately EUR 870 million), to support the design, construction, and operation of the Thor offshore wind farm in the […]

  • 15 March 2021
    R&D, Technology

    Engineering, construction, and project management company Bechtel is partnering with Sweden’s Hexicon to demonstrate the technology for large-scale floating wind power generation projects off the coast of the UK. The initial partnership will draw on Bechtel’s engineering, construction, and project financing expertise to develop the design and constructability of the offshore wind facility. In addition […]

  • 14 January 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The Danish Energy Agency has pre-qualified a total of six consortia and companies to participate in the tender for the Thor offshore wind farm. The applicants include Ørsted, Vattenfall, a consortium of Total and Iberdrola, as well as Thor Wind Farm I/S, owned by RWE Wind Holding A/S and RWE Offshore Wind A/S. Other pre-qualified […]