Search results for: hornsea 3

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  • European Commission Approves Contracts for Difference

    23 July 2014
    Authorities, Business & Finance

    The European Commission has concluded that a UK scheme called “Contracts for Difference” that promotes the generation of electricity from renewable sources is in line with EU state aid rules. In separate investigations, the Commission has also found that public support worth GBP 9.7 billion (around € 12.3 billion) to five offshore wind farms is […]

  • Four Minority Shareholders Opt to Participate in DONG Energy’s Capital Increase

    17 January 2014
    Business & Finance

    In continuation of the announcement that the Danish pension funds Arbejdsmarkedets Tillægspension (ATP) and PFA Pension Forsikringsaktieselskab (PFA) and funds managed by Goldman Sachs Merchant Banking Division through New Energy Investment S.a.r.l. (Goldman Sachs funds) will invest a total of DKK 11 billion in DONG Energy A/S, four of the existing five minority shareholders have […]

  • Ørsted Feels Good Winds

    1 November 2018
    Business & Finance

    Ørsted has achieved an operating profit (EBITDA) of DKK 10.8 billion (EUR 1.45 billion) in the first nine months of 2018, up 14% compared to 9M 2017, mainly due to a 32% increase in operating profits from wind farms in operation.

  • Gondan Orders MacGregor Davits for DONG SOVs

    29 November 2016
    Business & Finance, Vessels

    MacGregor, part of Cargotec, has won davit orders for two 81-metre service operation vessels (SOVs) designed to act as ‘mother-ships’ for wind turbine technicians which will service DONG Energy’s Race Bank and Hornsea Project One offshore wind farms in the UK part of the North Sea. The contracts have been placed by Spanish shipyard Astilleros Gondan, responsible […]

  • Dr Steven Freeman Joins PMSS to Head-up Environmental Services Consultancy (UK)

    3 February 2011
    Business & Finance

    Specialist renewable energy consulting firm PMSS today announced that Dr Steven Freeman is to join the company as the new head of their Environmental consultancy business. Steven Freeman has a 20 year record of achievement in environmental management, research and consultancy in coastal and marine waters globally, and has held a number of senior positions […]

  • CfD Auction Design Changes Come with GBP 1.5 Billion Price Tag

    16 May 2018
    Authorities, Business & Finance, Contracts & Tenders

    The 2017 Contracts for Difference (CfD) will cost UK consumers significantly more relative to the additional capacity secured due to the changes in the auction design which allowed small fuelled-technology projects to raise the strike price of larger projects, National Audit Office (NAO) has found.

  • Ørsted Wind Farms Deliver in Q1

    2 May 2019
    Business & Finance

    Ørsted has reported DKK 3.6 billion operating profit (EBITDA) from its offshore wind farms in operation in the first quarter of 2019, a year-on-year increase of 13% mainly driven by a ramp-up in generation from the Borkum Riffgrund 2 and the Walney Extension wind farms. Power generation from offshore and onshore wind increased by 31% […]

  • Inter-Array Cable Issue to Leave EUR 403 Million Mark on Ørsted

    29 April 2021
    Business & Finance

    An inter-array cable issue on several Ørsted’s offshore wind farms in the UK and Continental Europe could have a total financial impact around DKK 3 billion (around EUR 403 million) across 2021 to 2023, the company reported in its latest financial results. A cable failure was discovered during an inspection campaign at the Race Bank […]

  • DONG Energy Publishes Draft Environmental Assessment for Hornsea Project Three

    27 July 2017
    Wind Farm Update

    DONG Energy has today published a Preliminary Environmental Impact Report (PEIR) containing new information about its Hornsea Project Three offshore wind project. The report is part of a wider formal public consultation that will run from today (27 July) to 20 September 2017.

  • Global Floating Offshore Wind Pipeline Doubles in a Year

    12 October 2022
    Contribution, Environment, R&D

    The global pipeline of floating offshore wind projects has more than doubled in the past year from 91 GW to 185 GW, according to a report published by RenewableUK. The number of projects has increased globally during that time from 130 to 230, RenewableUK said. The pipeline includes projects at any stage: operational, under construction, […]

  • UK: REF Responds to DECC on Offshore Wind Farms’ Costs

    6 February 2013
    Authorities

    Renewable Energy Foundation (REF) has responded to the Department of Energy & Climate Change (DECC) by writing a letter to Rt Hon Ed Davey, Secretary of State for Energy & Climate Change, after the news published a few days ago, where DECC was quoted as saying that REF’s figures regarding the future subsidy income for the […]

  • C-Bed to Deploy Wind Innovation on Sandbank and DanTysk Offshore Wind Farms

    17 May 2022
    Contracts & Tenders, Vessels, Wind Farm Update

    Offshore wind service provider C-Bed will deploy its walk-to-work (W2W) service operation vessel (SOV) Wind Innovation on the DanTysk and Sandbank offshore wind farms in the German North Sea. The operations and maintenance (O&M) service contract will commence in June. The company secured full activity for its 1999-built accommodation vessel until the fourth quarter of […]

  • UK Adds 2GW of Offshore Wind in 2018

    17 December 2018

    The UK is marking a record this year as it added more than 2GW of offshore wind capacity to the grid, which can produce enough clean electricity to power over 2,300,000 households per year. 

  • RES Offshore to Maintain ORE Catapult’s Blyth Met Mast

    2 June 2014
    Business & Finance, Operations & Maintenance, R&D, Technology

    RES Offshore has signed an Operations and Maintenance (O&M) services contract with the Offshore Renewable Energy Catapult for the met mast installed approximately 3 nautical miles off Blyth and close to the location of the proposed nearest shore array of the Blyth Offshore Wind Demonstration Project. RES will be delivering scheduled maintenance, unscheduled maintenance and […]

  • Europe Sees 2.6GW Offshore Wind Boost in 2018

    7 February 2019
    Business & Finance

    Europe installed 2.6GW of new offshore wind energy capacity in 2018, an 18% increase, according to the latest statistics by WindEurope. Fifteen new offshore wind farms were commissioned last year, with the UK and Germany accounting for 85% of the new capacity by adding 1.3GW and 969MW respectively. The average size of the new turbines […]

  • Business Focus: IBG Companies in the News

    23 November 2016
    Business & Finance

    With Offshore WIND heading towards the launch of its International Business Guide (IBG) 2017, the Business Focus articles will update you on the companies listed in our IBG that appeared in the news over the past few weeks.  Bladt Industries The last jacket foundations manufactured by Bladt Industries for the Wikinger offshore wind farm are now […]

  • Bladt Reports Good 2016 Results. Eyes US, APAC Offshore Wind Markets

    7 April 2017
    Business & Finance

    According to Bladt Industries’ 2016 annual results, the company saw a very favourable year with offshore wind projects as the main driver. Bladt reported a revenue increase from DKK 3 billion (approx. EUR 403 million) in 2015 to DKK 3.5 billion (approx. EUR 470 million) last year.

  • The Rich North Sea Project Manager: ‘Achieving No Negative Impact Is Not Enough’

    16 December 2022
    Contribution, Environment, Industry

    The North Sea is one of the most biodiverse, but also one of the most active bodies of water on our planet, which led to the degradation of its marine environment. Now, with a boom in offshore wind, environmental organisations, together with the industry, are exploring ways for offshore wind farms to not only have […]

  • Havfram Wind Wins Another Major Turbine Installation Contract Offshore UK

    29 March 2023
    Contracts & Tenders, Vessels, Wind Farm Update

    Vattenfall has appointed Havfram Wind as the preferred supplier for the installation of wind turbines on Vattenfall’s Norfolk projects in the United Kingdom. The agreement covers transport and installation works over a period of three years, utilizing one of Havfram Wind`s newbuild NG20000X jack-up wind turbine installation vessels (WTIVs) with a 3,200-ton crane. The work […]

  • World’s Largest Monopile Factory Secures Planning Approval

    17 June 2022
    Contracts & Tenders, Operations & Maintenance, Ports & Logistics

    SeAH Wind Ltd, a subsidiary of South Korea’s pipe manufacturer SeAH Steel Holdings, has received planning approval for its proposed GBP 300 million UK XXL monopile factory to be built at Teesworks. Site works are scheduled to commence in July with overall completion anticipated in 2024. The 40-metre high, over 800-metres long building, part of the Teesside’s […]

  • New Capacity Lifts DONG Energy’s Wind Division

    10 August 2017
    Business & Finance

    DONG Energy has recorded a 32% increase in earnings from operating offshore wind farms in the first half of 2017 as compared to the same period a year earlier.

  • Swire Energy Services, ELA Team Up for UK Offshore Market

    17 March 2021
    Business & Finance

    Swire Energy Services (SES) and ELA Container Offshore have entered a strategic collaboration that will see the two companies jointly delivering offshore accommodation solutions to the UK offshore energy sector. According to the companies, the new partnership will allow SES to increase its offshore container accommodation offering supported by ELA, while SES assists in the […]

  • Ørsted Goes Beyond EBITDA Expectations in 2019

    30 January 2020
    Business & Finance

    The 2019 result has exceeded the company’s expectations at the beginning of the year as well as its most recent guidance of DKK 16-17 billion.

  • Dogger Bank Team Confirms Able Seaton Port for Wind Turbine Installation

    22 September 2020
    Ports & Logistics, Wind Farm Update

    Dogger Bank Wind Farm has confirmed Able Seaton Port in Hartlepool, UK, as the marshalling base for the wind turbine installation activities for the Dogger Bank A & B offshore wind project. As part of the agreements for the supply and service of 190 of GE Renewable Energy’s Haliade-X 13 MW wind turbines, the wind […]

  • Ørsted Raises 2025 Offshore Wind Bar

    28 November 2018
    Business & Finance

    Ørsted has raised its 2025 offshore wind target from 11-12GW to 15GW as part of the group’s development plan to invest DKK 200 billion (approximately EUR 26.8 billion) in renewable energy in the next seven years.

  • ORE Catapult Appoints Two Members to Senior Management Team (UK)

    26 September 2013

    The Offshore Renewable Energy (ORE) Catapult, the Glasgow-based UK innovation centre established by the UK Government’s Technology Strategy Board to accelerate the growth and commercialisation of offshore wind, wave and tidal technologies, today (DATE) announced the appointment of two new members to its senior management team. Chief Executive Andrew Jamieson described the appointments of Chris […]