Search results for: marr bank

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  • MSR Gryfia Brings Offshore Wind Contract to MARS

    14 January 2016

    Polish group of companies, MARS Shipyards & Offshore, has recently signed a number of contracts for building structures for the offshore wind and oil & gas markets. Among the contracts is the one that Morska Stocznia Remontowa Gryfia (MSR Gryfia), part of MARS Group, secured for the construction of a so-called Lower Jack structure, related to the […]

  • DeepOcean Puts Echoscope to Work at Race Bank Offshore Wind Farm

    24 October 2017
    Grid Connection, Technology, Wind Farm Update

    DeepOcean has deployed Coda Octopus’ Echoscope real-time 3D sonar system on DONG Energy’s Race Bank offshore wind farm project in the UK.

  • Ørsted Gathers Squad for Second Green Bond in Taiwan

    10 September 2020
    Business & Finance

    Ørsted has appointed BNP Paribas, Cathay United Bank and CTBC Bank as Mandate Lead Arranger’s for a potential TWD denominated green bond issuance in Taiwan. The green bond, set to be issued in Q4 2020, represents Ørsted’s second green bond offering in Taiwan. Ørsted intends to issue the new green bonds for the purpose of […]

  • UK: Hogan Lovells Advises Lenders to Blue Transmission Consortium on GBP 110 Million OFTO Purchase

    28 September 2012
    Business & Finance

    Hogan Lovells advised the bank lenders to the Blue Transmission consortium of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund on the consortium’s successful bid to acquire and operate the transmission link to the Walney 2 offshore wind farm for £110 million. The lending group comprised Lloyds Banking Group, SMBC, Bank of Tokyo Mitsubishi, […]

  • Dogger Bank SOVs to Sport MO4 AI Decision Support Software

    9 May 2022
    Contracts & Tenders, Vessels

    North Star has awarded the Netherlands-based MO4 with a 10-year contract to supply the company’s four service operations vessels (SOVs) with a digital twin and artificial intelligence (AI) decision support software package. According to MO4, the technology will provide operational data analytics and forecasting support to help drive efficiencies across the fleet including low carbon […]

  • Port of Tyne, Dogger Bank Wind Farm Ink O&M Base Deal

    17 December 2020
    Contracts & Tenders, Operations & Maintenance

    Port of Tyne and Dogger Bank Wind Farm have signed an agreement for an operations and maintenance (O&M) base for the world’s largest offshore wind farm to be built at the port. The two parties have signed an option agreement which marked the completion of the preliminary phase that will lead to building and operation […]

  • Banking Heavyweights Back Climate Transparency

    12 July 2017
    Business & Finance

    Together with the UN Environment Finance Initiative (UNEP FI), eleven of the world’s leading banks have committed to developing analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities.

  • Crown Estate: Dogger Bank’s Consent Proof of Industry’s Hard Work

    6 August 2015
    Authorities

    The Crown Estate has welcomed the UK Government’s approval of Dogger Bank Teesside A & B offshore wind project. Head of Offshore Wind for The Crown Estate, Huub den Rooijen said: “Today’s announcement marks a great success for the future of the UK’s infrastructure development and is testimony to the hard work of Forewind and the […]

  • Inverlussa and Mainprize Land Race Bank Gig

    12 April 2016
    Business & Finance, Operations & Maintenance, Vessels, Wind Farm Update

    DONG Energy has awarded a contract for offshore support during the construction of the 580MW Race Bank offshore wind farm to a joint venture between Inverlussa Marine Services and Mainprize Offshore Ltd. The two-and-a-half-year, multi-million-pound contract will see the Inverlussa team and vessel working out of Grimsby and performing a number of roles including guard-asset protection, dive support, […]

  • UK: Dogger Bank Receives First Bucket Foundation

    27 February 2013

    The installation of the first of two innovative suction-installed foundations on Dogger Bank on the weekend represents the first stage of construction of the world’s largest offshore wind development. The foundations will support meteorological masts that will monitor wave and wind conditions at the site, located 125 kilometres off the North Yorkshire coast. Forewind general […]

  • Ørsted’s East Coast Community Fund Achieves Milestone Round

    7 November 2019
    Business & Finance

    Ørsted has allocated grants from the sixth round of its East Coast Community Fund, marking a milestone with the total funds awarded exceeding the million pound mark. The East Coast Community Fund was launched in December 2016 as part of Ørsted’s community engagement program for its Hornsea Project One and Race Bank offshore wind farms. In this sixth […]

  • Tidal Lagoon Swansea Bay Launches GBP 10 Million Share Offer (UK)

    10 April 2013
    Business & Finance

    Tidal Lagoon (Swansea Bay) Plc has launched a £10m investment offering, providing private investors with a tax efficient opportunity to back the development of the UK’s largest tidal range power project based in Swansea Bay.  A further local community share offering will be launched within the next few months. With technology similar to large scale […]

  • Ørsted Issues Green Senior Bonds in Taiwan

    5 November 2019
    Business & Finance

    Ørsted has issued green senior bonds in Taiwan for the purpose of raising green financing for its investments in the local offshore wind sector. Ørsted has completed the pricing of new unsecured green senior bonds of nominal TWD 12 billion (circa EUR 342.6 million) in total comprising a 7-year TWD 4 billion fixed-rate tranche and […]

  • Galloper Recognised for Finance Deal

    3 February 2016
    Business & Finance

    Galloper Wind Farm Ltd, a joint partnership between RWE Innogy, UK Green Investment Bank (GIB), Siemens Financial Services and Macquarie Capital, has received double recognition from industry analysts following the high profile project partnership and finance deals closed late in 2015.   Galloper has been named as European Power Deal of the Year in Project Finance […]

  • Reds On Call for Diving Ops at Race Bank OWF

    21 June 2016

    DONG Energy has awarded Reach Engineering and Diving Services (Reds) a 15-month contract to support the construction of Race Bank offshore wind farm. As of this month, Reds will be on call for diving services during the construction of the 580MW wind farm, situated 17 miles off the Lincolnshire coast. Following the contract win, Reds said that its £500,000 […]

  • US Backs Philippines Offshore Wind Development

    8 August 2022
    Contracts & Tenders, R&D

    The United States Trade and Development Agency (USTDA) has awarded a grant to the Philippines’ Aboitiz Renewables, a subsidiary of Aboitiz Power Corporation, for a feasibility study to develop up to 3 GW of offshore wind projects in the Philippines. The study will help Aboitiz identify potential project sites and provide technical economic analysis to […]

  • RenewableUK: Offshore Wind Now the Cheapest Electricity Source in UK

    20 September 2019
    Business & Finance, Contracts & Tenders

    The results of the latest Contracts for Difference (CfD) allocation round have shown that offshore wind has now become the cheapest source of electricity in the UK, RenewableUK said. RenewableUK estimates that the 5.5GW of offshore wind projects selected in the CfD Allocation Round 3 will support over 7,000 jobs on the six projects and […]

  • Norwegian Oil Fund Partners with Ørsted on Borssele 1&2

    7 April 2021
    Business & Finance, Wind Farm Update

    Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to divest a 50% ownership share in its Borssele 1 & 2 offshore wind farm in the Netherlands. As part of the deal, Ørsted will continue to provide long-term operations and maintenance services from its O&M base at the Port of Vlissingen, as well as provide […]

  • Minister Davey Opens World’s Largest Offshore Wind Farm (UK)

    9 February 2012

    The £1 billion Walney wind farm, which is a joint venture between DONG Energy (50.1%), SSE (25.1%) and OPW ( 24.8%), is being officially opened by Edward Davey, Secretary of State for Energy and Climate Change. With 102 turbines and a total capacity of 367.2 MW, Walney can supply up to 320,000 households a year […]

  • Forewind Deploys ZephIR 300 to Collect Wind Data on Dogger Bank (UK)

    14 July 2011
    Operations & Maintenance, Wind Farm Update

      A laser wind-profiling instrument to provide measured wind data for the Dogger Bank offshore wind farm development has been deployed by Forewind on a gas platform 125 kilometres from shore. The ZephIR 300 wind lidar, which will measure wind speeds at heights of up to 200m using an infrared laser, has been installed on […]

  • Ørsted Completes Borssele 1 & 2 Investment Financing

    12 November 2021
    Business & Finance, Wind Farm Update

    Ørsted has signed a EUR 175 million, 8-year loan agreement with the Nordic Investment Bank (NIB) for co-financing its investment in the Borssele 1 & 2 offshore wind farm in the Netherlands. Together with the loan agreement closed with the European Investment Bank (EIB) on 6 September, the intended long-term financing of Ørsted’s investment in […]

  • Ofgem Shortlists Dudgeon, Rampion and Race Bank OFTO Bidders

    1 March 2017
    Business & Finance, Contracts & Tenders, Grid Connection

    Ofgem today announced shortlists of bidders competing to own and operate transmission links to the Dudgeon, Rampion and Race Bank wind farms, situated off the coasts of Norfolk and Sussex.

  • Top News of 2020 – Editors’ Picks

    1 January 2021
    Authorities, Business & Finance, Technology, Wind Farm Update

    As we said our goodbyes to 2020, a lot of us will look back on a challenging year, but also a year which drew resilience, agility and the power of powering through into the spotlight. The same goes for the offshore wind industry, which met its fair share of challenges, but continued delivering in the […]

  • Dogger Bank Wind Farm Schedules O&M Supply Chain Tour

    19 January 2022
    Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, Ports & Logistics, Wind Farm Update

    Dogger Bank Wind Farm will hold a series of supply chain events throughout 2022 aimed at showcasing opportunities during the operations and maintenance phase of the 3.6 GW Dogger Bank offshore wind farm. Dogger Bank is located more than 130 kilometres off the north-east coast of England and is being delivered by joint venture partners […]

  • Forewind Deploys Wind Resource Assessment Lidar ZephIR 300 at Dogger Bank Wind Farm (UK)

    18 July 2011
    Technology

    Leading wind resource assessment lidar ZephIR 300, a Natural Power product, has been deployed offshore by Forewind to provide wind measurement data for the Dogger Bank wind farm. The system has been installed successfully on RWE Dea UK’s gas platform 125km from shore and will provide wind speeds at heights from just 10m to 200m […]

  • SSE First Offshore Wind Developer in Ireland to Seek Consent for Onshore Grid Infrastructure

    21 April 2021
    Authorities, Wind Farm Update

    SSE Renewables has announced its intention to submit a planning application for the onshore grid infrastructure for the Arklow Bank 2 offshore wind farm. This is the first time an offshore wind developer will seek consent for this kind of infrastructure in Ireland. The company said it would submit the application in the coming weeks […]