Search results for: ulsan

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  • Aker Solutions to Set Up Standalone Offshore Wind Company

    17 July 2020
    Business & Finance

    Aker Solutions will separate its offshore wind business in a new company – Aker Offshore Wind – saying the standalone entity will have financial flexibility to raise required capital for large, capital-intensive projects. The company, which is merging with Kvaerner and is also spinning off its carbon capture utilisation and storage (CCUS) business, will be […]

  • Ocean Winds, Aker Offshore Wind to Jointly Compete in ScotWind Auction

    8 July 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    After partnering to develop offshore wind projects in the US and South Korea, Ocean Winds and Aker Offshore Wind have now formed a new partnership to apply for the development of floating wind farms in Scotland’s upcoming seabed leasing round. The two companies will jointly submit the bid to Crown Estate Scotland by 16 July. […]

  • Aker Offshore Wind, Aker Horizons Float Merger Plans

    30 March 2022
    Business & Finance

    Aker Offshore Wind AS (AOW) has announced an all-stock merger plan with Aker Horizons ASA that will reposition the company as a privately held subsidiary of Aker Horizons. The transaction will be carried out as a triangular merger between AOW, Aker Horizons’ subsidiary AH Tretten AS as the surviving entity, and Aker Horizons as the […]

  • Hyundai Heavy’s Hi-Float Floating Wind Foundation Gets Bureau Veritas Nod

    1 December 2021
    R&D, Technology

    Bureau Veritas has delivered an Approval in Principle (AiP) to South Korea’s Hyundai Heavy Industries (HHI) for its design and development of the Hi-Float floating offshore wind turbine foundation. Hi-Float is designed to support a 10 MW wind turbine with proven semi-submersible and mooring technology, Bureau Veritas said. A passive ballast system is said to […]

  • South Korea Working on Grid Plan for 8.2 GW of Offshore Wind

    16 March 2023
    Business development, Grid Connection, Research & Development

    KEPCO (Korea Electric Power Corporation) Research Institute, together with DNV as a technical advisor, is developing a long-term plan for a power grid that will enable delivering electricity generated by offshore wind to South Korea. In February 2021, the South Korean government announced a KRW 48.5 trillion (EUR 34.8 billion) project to develop an 8.2 […]

  • Highlights of the Month – January 2019

    1 February 2019

    Record-breaking turbines, new offshore wind tenders… read the ten most read news on offshoreWIND.biz in the first month of 2019. Siemens Gamesa Launches 10+ MW Offshore Wind Turbine Siemens Gamesa has launched the SG 10.0-193 DD, the company’s first 10+ MW offshore wind turbine. The prototype is expected to be installed this year, with commercial market […]

  • Shell and CoensHexicon to Jointly Build 1.4 GW Floating Wind Farm Offshore Korea

    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 […]

  • Aker Offshore Wind Sets Sights on Deep-Water Projects

    6 August 2020
    Business & Finance, Contracts & Tenders, Technology

    Aker Solutions’ offshore wind spin-off, Aker Offshore Wind, will initially focus on deep-water fixed-bottom and floating wind projects in four different markets: South Korea, the USA, Scotland, and Norway. ScotWind According to a company presentation, Aker Offshore Wind has entered into an agreement with ”a reputable utility company” to submit a joint bid in the […]

  • Top News of 2019 – Editors’ Picks

    1 January 2020

    With 2019 now behind us, our editorial team looks back on what shaped the offshore wind industry in the last year of the decade. Below is a subjective list highlighting some of the most impactful events in the sector: UK Offshore Wind Strike Prices Slide Down to GBP 39.65/MWh Offshore wind projects selected in the […]

  • AMSC AND HYUNDAI HEAVY INDUSTRIES EXPAND WIND POWER STRATEGIC ALLIANCE (USA)

    9 June 2010
    Business & Finance

    Team Developing 5 MW Wind Turbine for Rapidly Growing Global Offshore Market, HHI to Begin 5 MW Wind Turbine Production for the Offshore Market in 2011 DEVENS, Mass., U.S. and ULSAN, South Korea – June 9, 2010 – American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, and South Korea-based Hyundai Heavy Industries Co., […]