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  • Swedish Developer Unveils Multi-Gigawatt Wind Farm Projects Offshore Finland

    23 September 2022
    Environment, Wind Farm Update

    Swedish developer Eolus Vind is investigating the prerequisites for constructing two offshore wind farms in the Bothnian Sea offshore Finland. Eolus has applied for permission to the Finnish government to investigate the conditions for establishing offshore wind power projects located in Finland’s exclusive economic zone. Permission for the investigation is expected within the coming year. […]

  • Highlights of the Month: April 2016

    2 May 2016

    World’s Largest OW Jack-Up Vessel Installs World’s Heaviest Monopile at Veja Mate OWF Offshore construction of the Veja Mate offshore wind farm has started with Seajacks Scylla having installed the heaviest monopile produced so far at the project site, according to DGI Doedijns, which provided hydraulic and software equipment for the pile-gripper used at the […]

  • Wind Tower Market Towers Over €23Bn in 2015

    4 February 2016
    Business & Finance

    The global wind tower market was valued at more than $26 billion (approx. €23.3 billion) in 2015, and it is expected to grow at a CAGR of 7.4% during 2016-2022, according to a report issued by P&S Market Research. The factors driving the growth of the global market include the increased government support for wind power projects, increasing global […]

  • 2015 European Offshore Wind in Numbers

    11 February 2016

    European offshore wind saw some big numbers last year, with EUR 13.3 billion invested in the sector and a total of 3,019 MW of new grid-connected capacity added. Even though 7 wind turbines were decommissioned (two at Robin Rigg and all five at Yttre Stengrund), 419 newly installed ones were there to overshadow this.  Fourteen projects were completed in 2015, with work […]

  • Siemens Gamesa Starts Producing 115-Metre Wind Turbine Blades

    1 April 2022
    R&D, Technology

    Siemens Gamesa has started the production of the first B115 blades at its facility in Aalborg, Denmark. The first 115-metre blades produced in Aalborg will be tested on the SG 14-236 DD prototype offshore wind turbine that will be installed at the Østerild test center for large turbines later this year, Siemens Gamesa said. The […]

  • NIB Loans USD 328m to Dong Energy for Anholt Offshore Wind Park (Denmark)

    20 September 2011
    Business & Finance, Wind Farm Update

      The Nordic Investment Bank (NIB) and Danish energy company DONG Energy have signed a loan totalling EUR 240 million ($328 million) for financing the Anholt offshore wind farm. The loan has a maturity of 10 years and will partly finance the construction of what will become one of the world’s largest offshore wind farms. […]

  • Germany: HOCHTIEF to Exhibit at IdeenPark

    10 August 2012

    HOCHTIEF will be exhibiting at IdeenPark, the largest technology exhibition experience in the Ruhr area in Germany, from 11 to 23 of August 2012. HOCHTIEF will present on energy infrastructure in the IdeenPark’s energy park at Messe Essen, Hall 3, booth 22. Solutions for development of renewable energies will be presented under the motto “On […]

  • Banking Syndicate Complete Financing for Offshore Wind Farm EnBW Baltic 1 (Germany)

    5 December 2011
    Business & Finance

    Already since May 2011 the wind farm EnBW Baltic 1 has been delivering green power from the Baltic Sea – since Friday its long-term financing is also in place: a banking syndicate comprised of the European Investment Bank (EIB), KfW IPEX-Bank, Landesbank Baden-Württemberg (LBBW) and NIBC Bank N.V. will extend a loan amounting to EUR […]

  • Prysmian Invests EUR 40 Mln in Its Cable Plants

    11 November 2014
    Business & Finance, Grid Connection

    Prysmian Group has announced new investments worth over € 40 million to upgrade production capabilities in its cable plants in Pikkala, Finland and in Arco Felice, Italy. The factories are already the Group’s centres of excellence for high voltage and submarine cable production. These new investments will enable both plants to be fully equipped to […]

  • E.ON Invests EUR 7 Billion in Renewables (Germany)

    15 December 2011

    Investments of EUR7 billion in renewables, three large wind farms in the North Sea and Baltic Sea, and new transmission lines for wind power: they are all ways Johannes Teyssen is making E.ON a green energy provider. Today E.ON outlined the company’s comprehensive program for helping to transform Germany and Europe’s energy landscape.  New offshore […]

  • Germany: E.ON’s 2011 Earning Down

    4 May 2012
    Business & Finance

    E.ON released financial result for 2011. “Despite a difficult business environment, we have made very good progress in implementing our strategy and reorganizing our company. We moved resolutely forward on our consolidation course; the worst adverse effects are behind us. E.ON 2.0, our efficiency-enhancement program, is making good. The earnings growth at our renewables business […]

  • RVO, EnBW Issue Offshore Wind Contract Notices

    11 April 2023
    Authorities, Business development, Research & Development

    The Netherlands Enterprise Agency (RVO) and Germany-based EnBW have issued contract notices seeking services for the development of offshore wind farms in the Doordewind wind farm zone and in the German Exclusive Economic Zone (EEZ), respectively. RVO aims to publish a tender around the end of May or the beginning of June 2023. The goal […]

  • Vestas 15 MW Prototype Now at Full Throttle

    3 April 2023
    Business development, Technology

    Last week, three months after it was installed at the National Test Center for large wind turbines in Østerild, Denmark, Vestas’s V236-15.0 MW prototype wind turbine reached its nominal power rating of 15 MW. The company’s new flagship wind turbine produced its first electricity shortly after being installed in December 2022 and has started operating at […]

  • HeavyLift@Sea Tailors Heavy Cargo Deck Carrier to Offshore Wind

    8 January 2019
    Vessels

    Hamburg-based engineering company HeavyLift@Sea has unveiled a basic design of a heavy cargo deck carrier for offshore wind projects. The heavy cargo deck carrier for offshore wind projects in the North and Baltic Seas is currently being built at a Chinese shipyard, the company said. “Our client for this project, a Hamburg-based shipping company specialising […]

  • GERMANY UPDATE

    11 November 2016

    Since the last time we looked at the status of Germany’s offshore wind industry only two years ago in July 2014, the number of operational offshore wind turbines has jumped from just 141 capable of producing 616MW to 835 grid connected turbines capable of 3,552MW in July 2016 and another 54 installed turbines not yet […]

  • Red Tape Pushes Gicon SOF Installation to 2017

    31 August 2016
    Authorities, Business & Finance, R&D, Technology

    German engineering consultancy Gicon will postpone the installation of the full scale demonstrator of its floating offshore foundation, the Gicon SOF, in the Baltic Sea to 2017 due to ”procedural challenges”. The Gicon SOF is a tension leg platform developed by Gicon and ESG GmbH in co-operation with the University of Rostock and the Technical University Bergakademie Freiberg. Following […]

  • Danes Invite Offshore Wind Industry’s Input on Bornholm Energy Island

    1 July 2022
    Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Industry, Wind Farm Update

    The Danish Energy Agency and Energinet have invited potential tenderers and relevant industry associations to participate in a market dialogue concerning the upcoming procurements related to the Bornholm Energy Island offshore wind farm and other future wind farms. Denmark is currently in the process of establishing two energy islands, one in the North Sea, and […]

  • Equinor Ramps Up Its Offshore Wind Game

    2 November 2020
    Business & Finance

    Equinor plans to expand its acquisition of wind acreage and will continue to leverage its position in offshore wind, the company said in a press release from 2 November. The oil and gas major, which has been making significant renewable energy steps over the past several years, will establish renewables as a separate reporting segment […]

  • Windfarm Update: Amrumbank, Global Tech I, Borkum West 2.1, DolWin Beta, Ostwind 1

    17 November 2015

    Amrumbank MPI Adventure installed the last turbine blade at the Amrumbank West offshore wind farm in early September. The installation work started in February, with the vessels operating in water depths of approximately 25m. Amrumbank West is located approximately 35km north of Helgoland and 37km west of Amrum in the German part of the North Sea. The wind […]

  • Offshore Wind Top Earner at Van Oord in 2020

    16 March 2021
    Business & Finance

    The offshore wind brought the most revenue to Van Oord in 2020, surpassing for the first time the company’s Dredging business. Van Oord recorded EUR 632 million in revenue at its Offshore Wind business in 2020, a 10.7 per cent increase compared to EUR 571 million reported in 2019. The division’s operational results increased sharply, […]

  • BASF and Ørsted Sign 25-Year Offshore Wind Power Purchase Agreement in Germany

    11 November 2021
    Business & Finance, Wind Farm Update

    Largest chemicals producer in the world, BASF, and Ørsted have concluded a 25-year fixed-price corporate power purchase agreement (CPPA), under which BASF will offtake the output of 186 MW from Ørsted’s planned Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea. The offshore wind farm will have a total installed capacity of 900 […]

  • SeaEnergy Announces Half Year Results (UK)

    29 September 2011
    Business & Finance

      SeaEnergy, the energy ventures company focused on growing oil and gas and renewables businesses, today announces half year results for the six months ended 30 June, 2011. Commenting on today’s announcement Steve Romp, Executive Chairman, said: “SeaEnergy is in a strong position. Following the successful and highly value accretive disposal of SERL to Repsol, […]

  • AGOW: Continuous OW Expansion Basis for Cost Reduction

    8 May 2015
    Business & Finance

    With offshore wind farms DanTysk, Nordsee Ost, Borkum and Global Tech I alone, more than 2,000 MW of German offshore wind energy has been installed in the North and Baltic Seas. End of this year will see the installed capacity rise to more than 3,000 MW. This corresponds to the capacity of more than two large nuclear power […]

  • DEME Installs XXL Monopiles at Arcadis Ost 1

    26 July 2022
    Vessels, Wind Farm Update

    DEME Offshore has completed the installation of the final XXL monopile at the 257 MW Arcadis Ost 1 offshore wind farm in the German Baltic Sea. This was the first project executed by DEME’s new floating installation vessel, Orion, which installed the foundations using its DP3 system. Manufactured by Steelwind in Germany, the 28 XXL […]

  • SAL Heavy Lift Carrying Out Wikinger OWF Pile Testing (Gallery)

    25 November 2014
    Business & Finance, Wind Farm Update

    In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched, after the site’s geotechnical investigation on the Baltic Sea had been completed. German engineering and services group Bilfinger was awarded the test pile contract and chose SAL Heavy Lift as subcontractor to transport and install […]

  • Van Oord: Demand in Offshore Wind ‘Increased Exponentially’ in 2022, But Returns ‘Unsatisfactory’

    13 March 2023
    Business & Finance, Business development, Contracts & Tenders, Industry, Market Outlooks, Outlook & Strategy, Vessels

    Van Oord has seen the demand in the offshore wind market increase exponentially in 2022, the Dutch marine contractor’s CEO Pieter van Oord said. Van Oord’s Offshore Wind business unit had what the company has described in its financial report for 2022 as a ”a busy year”, recording EUR 599 million revenue, a 72.6 per […]