310 results found for 'Hornsea Three'

310 results found for 'Hornsea Three'
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  • Offshore Wind Accounts for 45 Pct of NKT’s High-Voltage Order Backlog

    21 February 2024
    Business & Finance, Cables, Grid Connection, Manufacturing, Supply Chain

    Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45 per cent of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at EUR 10.8 billion, more than double the company saw at the end of 2022. In its full-year 2023 […]

  • Siemens to build wind turbine production plant in the UK

    29 March 2010
    Technology

    Siemens Energy is to build a new production plant for offshore wind turbines in the UK. With the new plant Siemens wants to meet the growing demand for wind turbines for British offshore projects. As world market leader in the offshore sector Siemens has already successfully implemented eleven projects with a combined capacity in excess […]

  • Prysmian to Add Two More Vessels to Its CLV Fleet

    21 December 2023
    Contracts & Tenders, Supply Chain, Vessels

    Italy-based Prysmian Group announced today, on 21 December, an investment of approximately EUR 350 million for two new cable-laying vessels (CLV) that the company says will reinforce Prysmian’s submarine project execution capabilities. “The market is tremendously growing, and we are facing an increasing demand for submarine cable systems for interconnections and offshore wind farm projects […]

  • BVG Associates: Who Could Win Next CfD Auction in UK?

    7 January 2016
    Authorities, Business & Finance

    Following the UK Energy Secretary Amber Rudd’s announcement that the government will hold three Contract for Difference (CfD) auctions before 2020, the first of which will kick off this year, Chris Willow, Senior Associate at BVG Associates, has selected front runners in the race to win the first auction. In terms of projects that could win the auction, […]

  • Floating LiDAR Deployed in Utsira Nord Area to Support Norwegian Offshore Wind Development

    4 July 2023
    Business development, Research & Development

    TGS has announced the deployment of the “first-ever” LiDAR buoy measurement campaign to support Norwegian offshore wind development. This represents the first industry-led investment and installation toward making large-scale Norwegian offshore wind a reality, said TGS. The buoy has been deployed in the Utsira Nord zone. Throughout the 12-month campaign, it will conduct wind, metocean, […]

  • Offshore Wind Demonstrates Unprecedented Cost Cuts

    11 September 2017
    Business & Finance

    After the UK government awarded three offshore wind projects with Contracts for Difference (CfDs), RenewableUK and Offshore Renewable Energy (ORE) Catapult commented on the news, highlighting the major decline in the cost of offshore wind.

  • UK Competition Winners Get Funds to Kick-Start North Sea Oil & Gas Electrification

    7 December 2021
    Environment, Technology

    UK’s petroleum regulator, the Oil and Gas Authority (OGA), has selected three winners for its £1 million offshore electrification competition, aiming to advance oil and gas electrification plans as part of the UK’s decarbonisation efforts. Three winners are sharing a £1 million, or about $1.3 million, prize for ideas that could help cut greenhouse gas […]

  • Parkwind Consortium Submits Application for Norwegian Offshore Wind Project

    15 November 2023
    Authorities, Collaboration, Outlook & Strategy, Planning & Permitting

    The Ventyr Energy consortium has submitted the application to prequalify for the development of an offshore wind project in the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy consortium was first established as a partnership […]

  • Parkwind & Co Reveal ScotWind Bid

    20 July 2021
    Contracts & Tenders

    A consortium comprising Parkwind, Quaybridge Scotland, and Maple Power (a joint venture between Enbridge and Canada Pension Plan Investment Board) announced on 20 July that their NextGen consortium was participating in the ScotWind seabed leasing round in Scotland. According to the consortium, early development work on offshore wind sites in Scotland has already been completed from […]

  • Ørsted Doubles Offshore Wind Earnings in 2023

    7 February 2024
    Business & Finance

    World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according to Ørsted’s 2023 annual results, which […]

  • Offshore Wind Investments to Reach USD 810 Billion by 2030 – Rystad Energy

    30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • Mercurio Plastics Shipyard ‒ Offshore wind: A challenging market

    15 October 2012

    Spanish Mercurio Group found that attending the SeaWorks trade fair in Southampton lead to dedicated shipbuilding for the offshore wind industry. In 2011 they were commissioned by offshore logistics provider Tidal Transit to build two purpose built support vessels for this sector. The Ginny Louise arrived in December 2011 and started work on Greater Gabbard […]

  • Two Offshore Wind-to-Hydrogen Projects Withdraw from UK’s First Electrolytic Allocation Round

    18 August 2023
    Authorities, Business & Finance, Contracts & Tenders, Floating Wind, Power-to-X

    An Ørsted-Phillips 66 partnership and ERM have withdrawn their Gigastack and Dolphyn projects, respectively, from the UK’s first electrolytic allocation round (HAR1). While ERM has made the move as it aims at securing alternative funding for a phased multi-unit larger development, Ørsted and Phillips 66 have now halted their Gigastack project. Both projects involve producing […]

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • UPDATED: Irish Government Designates 900 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway

    14 July 2023
    Authorities

    NOTE: The original article “Irish Government Designates 700 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway”, published on the 14th of July, has been updated following information from the Irish Department of the Environment, Climate and Communications (DECC) that the grid capacity available for auction in ORESS 2.1 has been upgraded from […]

  • Ørsted and Esvagt Investing in ‘World’s First’ Green Fuel Service Operation Vessel

    8 April 2022
    Operations & Maintenance, Ports & Logistics, Technology, Vessels

    Ørsted and Esvagt have decided to invest in what the companies describe as the world’s first service operation vessel (SOV) that can operate on green fuels. The SOV will be powered by batteries and dual-fuel engines, capable of sailing on renewable e-methanol, produced from wind energy and biogenic carbon, which will lead to a yearly […]

  • UK: Scarborough Enters into Offshore Wind Industry

    13 September 2013

    The first offshore wind support vessel ever to be based in Scarborough harbour took up its berth at the weekend. The vessel’s arrival marks the start of what Yorkshire’s business community predict will be a brand new industry for the coastal area, which in the longer term is set to bring a wealth of benefits […]

  • Port of Zeebrugge: Zeebrugge modest place for offshore wind

    11 January 2012
    Ports & Logistics

    The Port of Zeebrugge does not deny Ostend its place under the sun when it comes to positioning itself as the place to be for involvement in the offshore wind industry. Yet, it will wholeheartedly welcome the maritime contractor and towage company Jan de Nul, which will construct 16 concrete foundations for a wind farm […]

  • 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 […]

  • Hornsea Two to Power Industrial Scale Offshore Wind-to-Hydrogen Plant from 2025

    15 November 2021
    R&D, Technology

    The consortium behind the Gigastack offshore wind-to-hydrogen project plans to have a 100 MW electrolyser system up and running in the Humber, UK, in 2025. ITM Power, Ørsted, Phillips 66, and Element Energy have now published a report, highlighting the progress made on the project to date and describing the pathway to a final investment […]

  • UK: Winners of Humber Renewables Awards 2012

    13 March 2012

    EVER since Siemens announced its intention to build a £230 million wind turbine factory in Hull in December 2010, the region has been waking up to the wealth of opportunities that the renewables industry will offer. But renewables is about so much more than wind power alone, and many companies have already started devising new […]

  • Offshore ReWIND: The Most Read News in the First Half of 2017

    21 July 2017
    Business & Finance, Grid Connection, Technology, Vessels

    To remind you of just how interesting the first half of 2017 was, the Offshore WIND editorial staff compiled a list of the most read articles published during first six months of this year. Even though the industry has been notably active since the beginning of July as well, our team has decided to set the time parameter to end with 30 June and thus provide a new overview in addition to our annual Offshore ReWIND.

  • THE FOUNDATIONS OF THE INDUSTRY: The next generation

    6 October 2015

    The offshore wind industry is not really doing anything exceptional when it comes down to the basics. Wind turbine generators, WTGs, have been around onshore since one of the first electricity-generating wind turbines was built to power a holiday home in 1887 in Marykirk, Scotland. Offshore platforms were built in the early 20th century for […]

  • Hornsea Project Three

    30 May 2017