Search results for: Beacon Wind

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  • World’s First Energy Island Starts Taking Shape – Video

    23 April 2024
    Energy Islands, Grid Connection, Power-to-X

    The first of the 23 caissons being built for Princess Elisabeth Island in Vlissingen, the Netherlands, is almost finished and will be immersed in the North Sea this summer. The artificial Belgian energy island is a world first. A Belgian consortium comprising DEME and Jan De Nul (TM Edison) is building the foundations of the […]

  • Siemens Gamesa Wraps Up Windar Stake Sale

    1 February 2024
    Business & Finance, Business development

    Wind turbine manufacturer Siemens Gamesa has completed the sale of its 32 per cent shareholding in Spain’s Windar Renovables to Bridgepoint. The sale was first announced in May of last year. Bridgepoint is a quoted private asset growth investor, specialised in private equity and private debt. The parties have agreed not to disclose the purchase price. […]

  • Dominion Energy Says No Delay on Virginia’s 2.6 GW Offshore Wind Project, Orion Now Mobilising in Port of Norfolk

    3 May 2024
    Fixed-Bottom, Project Updates, Vessels, Wind Farm Update

    Dominion Energy has issued a statement in response to claims that the Coastal Virginia Offshore Wind (CVOW) project was delayed saying the project was on schedule and that the installation vessel Orion would start construction between 6 and 8 May. “On April 29, anti-wind groups filed a petition in the United States District Court for the District of Columbia seeking […]

  • Euroports, Port of Hanko Unveil Plans for Wind Hub in Finland

    21 March 2024
    Business & Finance, Business development, Ports & Logistics, Research & Development

    Euroports and the Port of Hanko have signed a Letter of Intent (LOI) to establish a wind hub at the Port of Hanko in Koverhar, Finland. According to Euroports, the initiative positions the harbour, situated in the southernmost part of the country, as a central place in the offshore wind supply chain, tackling the critical […]

  • Greece’s Largest Power Utility Buys Into Offshore Wind

    27 December 2023
    Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    The Public Power Corporation S.A. (PPC), the largest electric power company in Greece, has agreed to acquire the developer of a 216 MW wind farm located in the offshore area of Alexandroupolis. PPC Renewables, the utility’s renewables arm, and the Copelouzos and Samaras Groups have signed an agreement for the acquisition of shares of the […]

  • CIP, Ignitis Secure 1.4 GW Offshore Wind Site in Estonia with EUR 1.7 Million Bid

    13 December 2023
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ignitis Renewables, a subsidiary of the Lithuanian Ignitis Group, and Copenhagen Infrastructure Partners (CIP) have secured the first of the two sites the Estonian government is auctioning off for offshore wind development by placing a EUR 1.7 million bid. The tender for the Liivi 2 area took place electronically from 7 December to 13 December […]

  • UK and South Korea Help Secure Millions for World’s Largest Monopile Factory

    27 November 2023
    Business & Finance

    UK Export Finance (UKEF) and South Korea’s export credit agency Korea Trade Insurance Corporation (K-Sure) have helped SeAH Wind to secure GBP 367 million in Standard Chartered Bank and HSBC UK financing to build the world’s largest wind monopile manufacturing facility. UKEF and K-Sure have secured support worth GBP 367 million for South Korean manufacturer […]

  • Corio Enters Offshore Wind Partnership with Vietnam’s State-Owned Power Company

    11 March 2024
    Business & Finance, Business development, Fixed-Bottom

    Corio Generation has signed a memorandum of understanding (MOU) with Power Generation Joint Stock Corporation 3 (EVNGENCO3), a subsidiary of Vietnam Electricity (EVN), to collaborate in preparing long-term strategies for offshore wind project development. The MOU between Corio, a portfolio company of Macquarie Asset Management, and the subsidiary of Vietnam’s largest state-owned power company, is […]

  • CIP, Ignitis to Build Both of Estonia’s Offshore Wind Farms, Plan to Combine Sites Into Single Project

    17 January 2024
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    After winning development rights for the Liivi 2 site, Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) have now also secured the second offshore wind area offered in Estonia’s first offshore wind tender, having placed the highest bid of EUR 1.16 million for the Liivi 1 site. The partners won the tender for the adjacent Liivi […]

  • First Steel Cut for Thor Offshore Substation

    12 December 2023
    Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    HSM Offshore Energy has held a steel-cutting ceremony for the Thor Offshore High Voltage Station (OHVS) at its yard in Schiedam, the Netherlands. RWE, the owner and developer of the 1 GW Thor offshore wind farm in the Danish North Sea, selected HSM Offshore Energy and its key subcontractors, Iv-Offshore & Energy and GE Renewable […]

  • French Company to Take Over Correll Group

    8 December 2023

    The French company, SPIE, has revealed the plan to take over UK-based offshore wind engineering, installation, and maintenance services company, Correll Group. Founded in 2014 and headquartered in Skelton, Correll Group stands out for its knowledge in the connection and testing of submarine high-voltage cables for the interconnection of wind farms, said SPIE. According to […]

  • Nine European Countries Launch Joint Offshore Wind Tender Planning, Set to Auction Off 15 GW  Each Year

    20 November 2023
    Authorities, Collaboration, Fixed-Bottom, Floating Wind, Grid Connection, Infrastructure, Market Outlooks, Outlook & Strategy, Planning & Permitting, Ports & Logistics

    Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, and Sweden, together with the European Commission (EC), have launched joint planning of offshore wind tenders at a ministerial meeting of the North Seas Energy Cooperation (NSEC), held on 20 November, in the Hague, the Netherlands. The collective NSEC tender planning translates the nine NSEC member countries’ […]

  • ‘Collaborate with Non-Obvious Partners’ – Offshore Energy Industry Talks Innovation and Speeding Things Up 

    30 November 2023
    Business & Finance, Business development, Collaboration, Environment, Fixed-Bottom, Floating Wind, Grid Connection, Industry, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, Supply Chain, Transition

    The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other.  

  • Macquarie to Sell Stake in 714 MW East Anglia One

    3 May 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Macquarie Asset Management has reached an agreement to divest a 10 per cent stake in the 714 MW East Anglia One offshore wind farm to NTR, on behalf of the L&G NTR Clean Power (Europe) Fund and the Development Bank of Japan. Following this transaction, Macquarie Asset Management will retain a 10 per cent stake […]

  • Dutch Government: Several Bids In for IJmuiden Ver, 85 Pct of Tender Points Concern Qualitative Criteria

    29 March 2024
    Authorities, Contracts & Tenders, Fixed-Bottom, Planning & Permitting

    The Netherlands Enterprise Agency (RVO) has received several applications in the 4 GW IJmuiden Ver Alpha and Beta offshore wind tender, according to the government agency which closed the application period at 5 p.m. (CET) on 28 March. RVO will now assess the applications in collaboration with two expert committees and expects to announce the […]

  • First Steel Cut for Thor Offshore Wind Farm Monopiles

    26 January 2024
    Fixed-Bottom, Foundations, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    The first steel cutting of the monopiles for RWE’s Thor offshore wind farm in Denmark has taken place at Dajin Offshore Heavy Industry’s Penglai facility in China, marking the start of the project’s construction phase. In April 2023, Dajin was selected to deliver 36 monopiles as well as secondary structures and electrical outfitting for the […]

  • Germany Gives Thumbs Up to 50Hertz 300 MW Offshore Grid Connection Project

    8 January 2024
    Authorities, Grid Connection, Offshore Platforms, Planning & Permitting

    Germany’s Federal Maritime and Hydrographic Agency (BHS) has issued a planning approval decision for 50Hertz’s Ostwind 3 offshore wind grid connection in the Baltic Sea. According to BHS, the new standard for connecting offshore wind farms, the so-called 66 kV direct connection concept, is being implemented, that does not require the construction of additional substation platforms […]

  • 2023 Installation Campaign Nears Completion at Yunlin Wind Farm Offshore Taiwan

    24 November 2023
    Project Updates, Wind Farm Update

    Skyborn Renewables Taiwan has revealed that the 2023 installation campaign of the Yunlin offshore wind farm is nearing completion. The offshore construction team has installed 45 monopile foundations, 26 inner array grids, and 12 export cables as well as 34 wind turbines in 2023. According to Skyborn, the preparations for the 2024 installation campaign are […]

  • Transformers for First US HVDC Offshore Wind Grid Connection Arrive in New York

    3 May 2024
    Fixed-Bottom, Grid Connection, Offshore Platforms, Onshore Infrastructure, Project Updates, Wind Farm Update

    The four transformers for the substations that will receive and transmit the electricity produced by the Sunrise Wind offshore wind farm to the mainland have arrived in New York, according to a social media post by Siemens Energy, which is supplying the high-voltage direct current (HVDC) transmission system for the 924 MW offshore wind project […]

  • IMCA Publishes Standard Contract for Offshore Wind Projects

    1 December 2023
    Industry, Supply Chain

    The International Marine Contractors Association (IMCA) has published the “industry’s first” standard contract for transport and installation (T&I) works in offshore wind projects. The contract has been written to ensure a fairer allocation of risk, IMCA said. Building on the organisation’s contracting principles release in January, its publication comes on the heels of an IMCA-led […]

  • OEG Completes Acquisition of Dutch Marine Services Firm

    16 February 2024
    Business & Finance, Industry

    OEG Energy Group (OEG) has completed the acquisition of Netherlands-based Marine Coordination Services (MCS), a specialist provider of marine coordination and offshore project services. MCS will join the OEG Renewables (“OEGR”) division, further expanding OEG’s marine coordination capabilities and opening new market opportunities to offer integrated service solutions in the European offshore wind sector. “We […]

  • Ørsted and South Korean City Bolster Offshore Wind Ties

    22 February 2024
    Business & Finance, Business development, Collaboration, Fixed-Bottom, Industry, Outlook & Strategy, Research & Development

    Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon, the developer said. Through this collaboration, Incheon […]

  • Technip Energies, SBM Offshore Launch Pure-Play Floating Wind Joint Venture

    14 March 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    France-headquartered Technip Energies and Dutch-based SBM Offshore have signed a Memorandum of Understanding (MoU) for the creation of a floating offshore wind joint venture, EkWiL. EkWiL will be a floating wind offshore wind pure play, capable of proposing a wide range of solutions to clients, the companies said. “Our aim is to become a recognized […]

  • Japan’s Chubu Completes Ecowende Buy-In

    9 May 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    The Japanese company, Chubu Electric Power, has completed the acquisition of 30 per cent of equity shares of Ecowende, a joint venture between Eneco and Shell that is developing a large-scale offshore wind farm at the Hollandse Kust West Site VI in the Netherlands. This follows the agreement Chubu signed with Eneco in February this […]

  • SeAH to Deliver Monopiles for Vattenfall’s 2.8 GW Norfolk Vanguard Offshore Wind Project

    13 December 2023
    Business & Finance, Contracts & Tenders, Foundations, Supply Chain

    Vattenfall has signed a contract with SeAH Wind to provide the monopiles for the 2.8 GW Norfolk Vanguard East and Norfolk Vanguard West offshore wind farms in the UK. The monopiles for the Norfolk Vanguard offshore wind farms will weigh up to around 2,200 tonnes and have a length of up to 96 metres. Production […]

  • Construction Starts on Baltic Power Service Base in Poland

    26 January 2024
    Fixed-Bottom, Infrastructure, Operations & Maintenance, Ports & Logistics, Project Updates, Wind Farm Update

    Work on the construction of a service base that will serve the Baltic Power offshore wind farm, a joint project between ORLEN Group and Northland Power, has begun in Łeba, Poland. The service base in Łeba will be ready in 2025, one year before the Baltic Power offshore wind farm becomes operational. The service base […]