Search results for: green jade

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  • 29 April 2021

    Cadeler A/S intends to expand its fleet with two newbuild X-class vessels for installation services, operation, and maintenance work on offshore wind farms. To finance the fleet expansion, Cadeler has completed an oversubscribed private placement, issuing 23,000,000 new shares in the company at a price of NOK 34.50 per share. The total proceeds of the […]

  • 5 February 2021

    C-bed has signed a contract with Ørsted for the deployment of its Service Operation Vessel (SOV) Wind Innovation on the Hornsea Two offshore wind farm in the UK. The vessel, which has also been hired for Ørsted’s Hornsea One offshore wind farm and is currently in full operation there, will start working at the Hornsea […]

  • 25 May 2021
    Business & Finance, Ports & Logistics

    Forth Ports has revealed plans to invest GBP 40 million (around EUR 46 million) in creating Scotland’s offshore wind hub on a 175-acre site at the Port of Leith. According to Forth Ports, the investment would see the creation of a bespoke, riverside marine berth capable of accommodating the world’s largest offshore wind installation vessels. […]

  • 26 January 2021
    Business & Finance, Contracts & Tenders, Vessels

    MAATS Tech has secured a contract with VARD to deliver cable lay equipment for Van Oord’s new cable laying vessel (CLV). “I am immensely proud of the team effort that has gone into winning this contract and continues our track record in providing this type of equipment in the cable industry, already being showcased by […]

  • 22 April 2021
    Business & Finance

    Ørsted has joined forces with Denmark’s largest institutional investor ATP to submit a bid in the upcoming tender for the Danish North Sea energy island. The two companies plan to examine the optimal integration of Power-to-X with the energy island and the future energy infrastructure in the North Sea. “The North Sea energy island is […]

  • 27 April 2021
    Contracts & Tenders

    Northland Power is preparing to bid in the ongoing offshore wind tender in Germany for the N-3.8, N-3.7, and O-1.3 offshore wind areas. Northland Power holds a step-in right for N-3.8, the former Nordsee 2 offshore wind farm area, which means it has pre-emption rights in the tender. To remind, the Canada-headquartered company is the […]

  • 30 April 2021
    Operations & Maintenance, Vessels

    Japanese shipping company Kawasaki Kisen Kaisha (”K” Line), and its domestic subsidiary Kawasaki Kinkai Kisen Kaisha have agreed to establish a joint venture company to provide services within the offshore wind industry. The new joint venture company, “K” Line Wind Service, will provide offshore support vessels and marine-related services to the industry. The establishment of […]

  • 27 January 2021
    Business & Finance

    Statkraft, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind opportunities in Norway. The companies will work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind projects in Norway.  The cooperation will investigate the opportunity for bottom-fixed offshore wind at the Sørlige Nordsjø II (SN2) offshore wind area that the Norwegian […]

  • 25 February 2021
    Business & Finance

    China installed a record 3,060 MW of new offshore wind capacity in 2020, corresponding to over half of the offshore wind capacity added globally last year, according to the latest data released by GWEC Market Intelligence. Overall, China had 9,898 MW of installed offshore wind capacity at the end of 2020 and was just 308 […]

  • 20 April 2021
    Wind Farm Update

    The Bold Tern jack-up vessel has installed 24 wind turbines at the Moray East offshore wind farm in Scotland. The 100-turbine project is now one installation away from reaching a quarter of its wind turbines in place. The 24th Vestas (MHI Vestas) 9.5 MW unit was installed on 17 April, according to Moray East’s latest Notice of Operations, […]

  • 17 May 2021
    Business & Finance

    Ørsted has appointed a new Chief Operating Officer (COO) and member of the Executive Committee, following a decision to reorganise the company to position it for future growth. As of 1 June, the offshore wind developer’s COO will be Richard Hunter, who comes from a position as President of Rail Control Solutions and Wayside at […]

  • 26 April 2021
    Business & Finance

    Ørsted and Enefit have signed a Memorandum of Understanding (MoU) to together develop large-scale offshore wind opportunities in the Baltics countries. Under the MoU, the companies plan to establish a joint venture for the development of offshore wind in the Baltics, including the Liivi project in the Estonian part of the Gulf of Riga. Ørsted […]

  • 25 May 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Norseman Wind has announced its decision to apply for a licence to build a 1.4 GW wind farm off Norway. In a press release issued on 25 May, the company said the project would be built and operated without the need for government subsidies. Furthermore, German offshore wind developer EnBW has joined the consortium behind […]

  • 5 March 2021
    Business & Finance, Contracts & Tenders, Grid Connection

    NKT has signed a long-term agreement with Danish grid operator Energinet on maintenance and repair of both offshore and onshore power cables in Denmark. The contract, which will run for eight years, includes services and repairs of XLPE, mass impregnated (MI) and oil filled power cable systems with voltage levels of 20¬525 kV. Within the […]

  • 4 May 2021
    Contracts & Tenders, Wind Farm Update

    PanGeo Subsea is working with Jan De Nul in Taiwan on a cable depth of burial survey at the Formosa 2 offshore wind farm, with PanGeo’s sub-seabed 3D acoustic imaging technology being used for the campaign. According to the subsea imaging technology company, which delivered its Sub Bottom Imager (SBI) for the work, the survey […]

  • 22 January 2021
    Authorities, Grid Connection, Wind Farm Update

    On 21 January, the Danish Energy Agency (DEA) granted an electricity production permit and issued an electricity production license to Vattenfall for the Kriegers Flak offshore wind farm in Denmark. The permit is valid for 25 years from the time when the first electricity is delivered from the offshore wind farm to the grid. The […]

  • 10 February 2021
    Contracts & Tenders, Ports & Logistics, Wind Farm Update

    Global Energy Group’s (GEG) Port of Nigg has been selected as the marshalling, storage and logistics base for 114 wind turbine foundations for the 1,075 MW Seagreen offshore wind farm. GEG has been awarded a contract for the project by Seaway 7, the EPCI contractor for Seagreen’s foundations and inter-array cables, on behalf of the […]

  • 14 April 2021
    Authorities, Business & Finance

    Azerbaijan’s Ministry of Energy has signed a Memorandum of Understanding (MOU) with the International Finance Corporation (IFC) to cooperate on offshore wind development. The aim of the cooperation is to assess the potential of offshore wind in Azerbaijan and the development of a roadmap, and later, tender management related to relevant projects, the definition of […]

  • 23 December 2020
    Operations & Maintenance, R&D, Technology, Wind Farm Update

    Denmark’s HOFOR is starting a restoration and recycling project at the Middelgrunden wind farm offshore Copenhagen with the aim of extending the project’s service life by up to several decades. The wind farm’s 20 wind turbines form a gentle arch which has been ”shielding” Denmark’s capital and its harbour since 2001. HOFOR owns ten of […]

  • 15 December 2020
    Business & Finance

    Denmark and Germany have entered into an agreement to strengthen their cooperation on offshore wind and innovative energy hubs. The agreement is the starting point for further cooperation to explore the design of possible joint projects, and in this context, cooperation on the energy hubs in the North and Baltic Seas will be discussed. Additionally, […]

  • 1 February 2021
    Contracts & Tenders, Wind Farm Update

    Saipem has been awarded a EUR 460 million contract by Eoliennes Offshore du Calvados (EODC) for the delivery of wind turbine foundations for the Courseulles-sur-Mer offshore wind farm in France. The contract, subject to EODC making a positive final investment decision, covers the design, construction and installation of the foundations. Saipem will deliver 64 large […]

  • 27 April 2021
    Business & Finance, R&D, Wind Farm Update

    Ørsted and Eversource are committing USD 5 million from their Sunrise Wind project in New York to Stony Brook University to support offshore wind research initiatives. The commitment funded by the project will underwrite research initiatives specific to the advancement of offshore wind through Stony Brook’s Advanced Energy Research and Technology Center (AERTC) in connection […]

  • 9 December 2020
    Grid Connection

    TenneT, Statnett, and KfW have put the 1,400 MW NordLink interconnector between Norway and Germany into trial operation. The 623-kilometres-long high-voltage direct current (HVDC) transmission link will be used for the exchange of Norwegian hydropower and German wind energy. “NordLink is a beacon project of the energy transition and an important step in the integration […]

  • 6 April 2021
    Wind Farm Update

    All inter-array cables have been laid at the Moray East offshore wind farm, with burial, termination and testing works still ongoing. The cables were installed by CLV Living Stone, while the Ndeavour and Grand Canyon vessels have been deployed for the burial operations. OSV Siem Day is supporting termination and testing works, including personnel and […]

  • 18 February 2021
    Authorities, Business & Finance

    UK Export Finance (UKEF) is providing a GBP 200 million buyer credit guarantee to help finance the Greater Changhua 1 offshore wind farm in Taiwan. UK companies Seajacks and Trelleborg have already capitalized on UKEF’s support by winning export contracts with project developer Ørsted. Seajacks will ship the material needed to install the turbines and Trelleborg’s […]

  • 22 April 2021

    Project capacity under construction in the UK increased by over 60 per cent from 4.4 GW in 2019 to 7.2 GW in 2020, the latter being almost 70 per cent of the existing operational fleet, according to the Crown Estate’s 2020 Offshore Wind Operational Report. The offshore wind capacity under construction signals an extremely busy […]