Search results for: arklow bank

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  • Floating Offshore Wind Project Attracts Major Backers

    8 June 2022
    Contracts & Tenders, Wind Farm Update

    KfW IPEX-Bank, together with Crédit Agricole CIB, Banco Santander, S.A., Mizuho Bank, European Investment Bank (EIB), and the Danish Export Credit Agency (EKF), has decided to finance the 30 MW Eoliennes Flottantes du Golfe du Lion (EFGL) floating wind project offshore France. KfW IPEX-Bank is the first German bank to finance a floating offshore wind […]

  • Ampair Launches ‘off the Shelf’ Range of Offshore Power Supplies (UK)

    21 October 2011
    Technology

    UK small wind turbine manufacturer Ampair has continued its push into the renewable hybrid power system market by launching the containerPod™ range of power solutions predominantly designed for providing platform power for the offshore wind measurement sector. Jeremy Davies Ampair’s sales and marketing manager says that, “Onshore heated met-masts and LIDAR installations use between 50 […]

  • Enviro Groups: Keep the Green in the Green Investment Bank

    18 March 2016
    Authorities, Business & Finance, Environment

    UK-based civil society and business groups have set 5 tests against which any prospective buyers of the Green Investment Bank will be assessed, calling on them to commit to measures that will ensure it continues to act and invest in the public interest. The Green Investment Bank ‘Public Interest Prospectus’, launched today, sets out the […]

  • RWE Installs First Foundation at Thornton Bank 2 Offshore Wind Farm in Belgium

    23 June 2011
    Wind Farm Update

      The first foundation of the offshore wind farm Thornton Bank 2 has been successfully installed off the coast of Belgium. The around 50 metre high and 550 ton steel foundation (a so-called jacket foundation) was manufactured in Hoboken near Antwerp, and in the past few days it was transported via pontoons through the Scheldt […]

  • Forewind Hires DP GALYNA

    4 August 2014
    Wind Farm Update

    Walk-to-Work Offshore Support Accommodation vessel DP GALYNA was contracted by Forewind for operation and maintenance work to its two meteorological masts on North Sea’s Dogger Bank, located approximately 150 km off the east coast of Yorkshire. DP GALYNA sailed to Great Yarmouth to take on board the technicians of SeaRoc Group for scheduled operation and […]

  • K2 Management Helps Macquarie with Green Investment Bank Deal

    24 April 2017
    Business & Finance, R&D

    Macquarie appointed K2 Management to lead technical due diligence for the recently completed GBP 2.3 billion acquisition of the UK’s Green Investment Bank (GIB)by a consortium led by the Australian bank.

  • DONG’s Wirral Base Ready For Burbo Bank O&M Team

    4 August 2017
    Operations & Maintenance, Wind Farm Update

    Construction has finished on DONG Energy’s new offshore wind farm operations base on the bank of the Mersey.

  • Stretched Windcat 22 Heads Home

    16 December 2015
    Vessels

    Offshore crew transfer vessel Windcat 22 is returning back to the UK following a refit in the Netherlands where she was lengthened by three meters, Windcat Workboats, owner and operator of the vessel, said. Prior to the departure the Windcat 22 also underwent sea trials. The additional length offers a large foredeck with a carrying capacity of 9 […]

  • Germany: NWA Successfully Completes Insurance Programs for Butendiek OWF

    25 February 2013
    Business & Finance

      Nordwest Assekuranzmakler Gmbh & Co. KG (NWA) has developed insurance programs for the Butendiek offshore wind project. An important component for the financing of the project was laid. Butendiek offshore wind project is located in the North Sea about 32 kilometers west of Sylt. The plan is to install 80 wind turbines with a […]

  • DONG and MHI Vestas Practising for Burbo Bank Extension

    21 April 2016
    R&D, Wind Farm Update

    DONG Energy and MHI Vestas Offshore Wind have jointly installed a V164-8.0 MW wind turbine test tower and foundation onshore to test several installation and commissioning procedures, and to act as a critical training tool before the commencement of Burbo Bank Extension offshore installation. In order to further test installation and commissioning procedures, the interfaces […]

  • Onshore Cabling Works Progressing at World’s Largest Offshore Wind Farm

    22 September 2022
    Contracts & Tenders, Wind Farm Update

    Jones Bros Civil Engineering has installed approximately 117 kilometres of onshore high voltage direct current (HVDC) cables for the 3.6 GW Dogger Bank offshore wind farm. The Dogger Bank project, which is being built in three phases A, B, and C, is the first offshore wind farm in the UK to use HVDC technology, which […]

  • EOLINK Floater Readying For Sea Trials

    26 January 2018
    Business & Finance, R&D, Technology

    The Bretagne-based startup EOLINK has secured funds to install and test a 1/10 scale floating wind turbine prototype off France.

  • It’s My Job to Remove Barriers to Wind Energy Says UK Energy Minister

    23 March 2011
    Authorities

    A new Green Investment Bank worth €1.18 billion (£1 billion) will “tackle risk the market cannot currently finance”, allowing new types of investment in green infrastructure, UK Energy Minister Charles Hendry told Wind Directions magazine recently. The Bank is due to become operational by September 2012. At the same time, the UK is considering moving […]

  • Chancellor George Osborne Announces 2011 Budget (UK)

    24 March 2011
    Authorities, Business & Finance

    Chancellor George Osborne today delivered the 2011 Budget, which for the UK’s Green Economy included two key announcements: 1) Green Investment Bank (GIB) – the GIB will launch next year (2012) backed by £3b funding; £1b of Government funding and a further £2b raised from asset sales. The initial £3b capital will leverage a further […]

  • Largest Offshore Wind Project in UK Reaches Development Milestone

    31 March 2023
    Authorities, Wind Farm Update

    An application to build the up to 4.1 GW Berwick Bank, the UK’s largest offshore wind farm, capable of providing enough electricity to power more than five million homes, has commenced determination, SSE Renewables said. Located roughly 38 kilometers off the East Lothian coast of Scotland, Berwick Bank is the largest offshore wind farm planning […]

  • 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, […]

  • DONG Sets Up Burbo Bank Construction Base in Birkenhead

    27 January 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    DONG Energy has signed a lease for construction base facilities at the Cammell Laird site in Birkenhead to serve as the focal point for the construction of the 288 MW Burbo Bank Extension offshore wind farm. It is expected that the site will employ up to 50 people, with the UK supply chain further boosted by […]

  • RWE Successful in Polish Contracts for Difference Round

    8 April 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The Polish Energy Regulatory Office (ERO) has awarded a Contract for Difference to the 350 MW FEW Baltic II offshore wind project. The FEW Baltic II wind farm is being developed by Baltic Trade and Invest Sp. z o. o., a subsidiary of the German energy company RWE. FEW Baltic II is located some 50 […]

  • GIB Pays GBP 240 Mln for 20% Stake in Sheringham Shoal’s Owner

    27 November 2014
    Business & Finance, Wind Farm Update

    The UK Green Investment Bank (GIB) today announced a significant investment in the UK’s offshore wind sector. GIB is purchasing a 20 per cent stake from Statkraft and Statoil in Scira Offshore Energy Limited (Scira), the owner of Sheringham Shoal offshore wind farm, for an agreed valuation of £240m. The investment is part of a wider […]

  • Parliament Holds Able Marine Energy Park Preliminary Hearing

    10 July 2014
    Authorities

    A preliminary hearing has taken place in Parliament to determine the scope of the joint committee’s proceedings, which will decide whether or not to confirm the Able Marine Energy Park Development Consent Order (DCO). The DCO was made by the Secretary of State in December 2013 to allow the construction of a new harbour and […]

  • Gemini Funding Case Study at Benelux Infrastructure Forum

    27 June 2014
    Business & Finance

    SMi will have Jeroen Kies, Assistant General Manager of Sumitomo Mitsui Banking Corporation, discussing the financial structure of the Gemini Offshore Wind Farm at its 13th annual Benelux Infrastructure Forum. This wind farm, located in the Dutch part of the North Sea, will be one of the largest wind farms in the world when it comes […]

  • Cable Team Returning to France’s First Offshore Wind Farm

    10 February 2022
    Wind Farm Update

    Louis Dreyfus TravOcean (LDTVO) plans to start the second inter-array cable installation campaign at the Saint-Nazaire offshore France in mid-March. Back in September 2018, a consortium of LDTVO and Prysmian officially secured a contract for the supply and installation of inter-array cables at the France offshore wind farm. Under the agreement, Prysmian is responsible for […]

  • Polish Port Making Room for Offshore Wind

    6 March 2020
    Ports & Logistics

    Poland’s Port of Gdynia has revealed expansion plans which would allow the port to accommodate the construction and operation of offshore wind farms in the Polish Baltic Sea. The Port of Gdynia Authority S.A. expressed its interest to apply its pre-emptive right and purchase the War Shipyard. The purchased land is to increase the functionality […]

  • Global Maritime Selected as Marine Warranty Surveyor for French Floating Wind Project

    29 June 2022
    Contracts & Tenders

    Global Maritime has been awarded the Marine Warranty contract for the Eoliennes Flottantes du Golfe du Lion (EFGL) floating wind farm in France, developed by Ocean Winds and Banque des Territoires (groupe Caisse des Dépôts). Global Maritime will provide Marine Warranty Survey (MWS) services across all aspects of the construction phase, including foundations, wind turbines, […]

  • Sumitomo: Offshore Wind Investors Must Find Way to Handle Merchant Risk (Expertise Hub VIDEO)

    6 December 2017
    Business & Finance

    Zero subsidy offshore wind projects leave the actual electricity price as the only source of income and it is quite difficult for traditional investors such as banks to finance these projects, because that would mean that the banks lending the money must agree to take on the merchant risk, said Christoph Mertens, CEO Summit Renewable Power Europe, a wholly owned subsidiary of Sumitomo Corporation.

  • First Foundation Stands at World’s Largest Offshore Wind Farm

    26 July 2022
    Vessels, Wind Farm Update

    Installation of the 277 wind turbine foundations has started on the 3.6 GW Dogger Bank Wind Farm which is being developed 130 kilometres off the Yorkshire coast, the UK. The campaign to install turbine foundations at what will be the world’s largest offshore wind farm has commenced in recent days, with the installation of the […]