Search results for: Gode Wind 1

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  • Salt Ship Enters Offshore Wind Market with DONG’s New SOV

    8 February 2017
    Operations & Maintenance, Vessels

    Louis Dreyfus Armateurs (LDA) has ordered a new Service Operation Vessel (SOV) based on a design from Salt Ship Design. The new vessel will be built by Cemre Shipyard in Turkey and will be operating for DONG Energy after it is delivered in Q4 2018.

  • Dong Buys Borkum Riffgrund West 2

    9 December 2014
    Business & Finance

    Dong Energy has acquired a 100% ownership interest in the German offshore wind development project Borkum Riffgrund West 2 from Energiekontor AG. The project is located adjacent to Dong Energy’s Borkum Riffgrund West 1 development project . The two projects have a total combined capacity of up to 550 MW. Borkum Riffgrund West 2 has […]

  • Dong Energy Sells Half of Gode Wind 2 to Danes

    17 July 2014
    Business & Finance, Wind Farm Update

    Today, DONG Energy signed an agreement to sell 50 per cent of the 252 MW German offshore wind farm project Gode Wind 2 to a consortium of Danish pension funds (PKA, Industriens Pension, Lærernes Pension and Lægernes Pensionskasse) that will make 840,000 pension savers co-owners of the wind farm. The total sales price amounts to […]

  • Dong Selects Siemens’ Turbines for 2nd Phase of Walney Extension

    12 March 2015

    Dong Energy has chosen Siemens as preferred supplier for delivery of their 7.0MW wind turbine for the second phase of the Walney Extension Offshore Wind Farm. The second phase of the Walney Extension Offshore Wind Farm will have a total capacity of 330MW. Mats Vikholm, Senior Vice President for Dong Energy Wind Power, said: “The […]

  • Ørsted Sells Half of Hornsea One

    19 September 2018
    Business & Finance, Wind Farm Update

    Ørsted has signed an agreement to sell 50% of its 1.2GW Hornsea Project One offshore wind farm to Global Infrastructure Partners (GIP).

  • CIP Invests in Four German North Sea Grid Connections

    27 March 2020
    Business & Finance, Grid Connection

    Copenhagen Infrastructure Partners (CIP) has bought minority stakes in joint venture companies related to the operation of four grid connection systems in the German sector of the North Sea: BorWin1, BorWin2, HelWin2, and DolWin2.

  • DONG Orders Siemens Gamesa Turbines for Dutch Offshore Wind Farm

    6 July 2017
    Business & Finance, Operations & Maintenance, Technology, Wind Farm Update

    Siemens Gamesa and DONG Energy have signed an agreement for the supply and maintenance of 94 8MW turbines at the 752MW Borssele 1 and 2 offshore wind farms being developed in Dutch waters.

  • Ørsted Charts Hornsea Two Course for Latest SOV

    16 April 2018
    Operations & Maintenance, Vessels, Wind Farm Update

    Louis Dreyfus Armateurs’ (LDA) new service operations vessel (SOV) will service Ørsted’s Hornsea Project Two offshore wind farm once delivered in 2021.

  • Dong Hits 3,000MW Offshore Wind Mark

    22 May 2015
    Wind Farm Update

    Today, with the installation of turbine number 76, at the Borkum Riffgrund 1 Offshore Wind Farm in Germany, DONG Energy reaches a total of 3,000MW of installed offshore wind capacity. The total capacity of 3,000MW – of which approximately half is installed in the UK – can supply enough electricity to cover the consumption of […]

  • Siemens’ New 6MW Wind Turbines Enter German Offshore Market

    21 November 2013
    Technology

    Siemens will supply 97 wind turbines, each with a rating of six megawatts (MW) and a rotor diameter of 154 meters, to the Danish energy provider DONG Energy. This will mark the first time that Siemens will be supplying its new six-megawatt wind turbines for offshore in Germany. The Gode Wind 1 (252 MW) and […]

  • Ørsted Clears German Offshore Wind Farms for Takeoff

    1 December 2021
    Business & Finance, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on the 242 MW Gode Wind 3 and the 900 MW Borkum Riffgrund 3 offshore wind farms in the German North Sea. Gode Wind 3 and Borkum Riffgrund 3 are expected to be commissioned in 2024 and 2025, respectively. Jörg Kubitza, Managing Director for Ørsted in Germany, […]

  • First Monopile Installed at Borkum Riffgrund 1

    22 January 2014

    The first of 77 foundations has been installed at Borkum Riffgrund 1 in Germany representing 277 MW when complete. With the beginning of the year 2014 the construction work continued at the offshore wind farm Borkum Riffgrund 1 in the German North Sea, after installation of the offshore substation in the summer 2013. Around 37 […]

  • Deutsche Bank to Manage Meerwind Refinancing

    12 February 2016
    Business & Finance, Wind Farm Update

    Deutsche Bank’s Global Transaction Banking division has taken on several mandates for the refinancing of the 288MW Meerwind Süd/Ost offshore wind farm in the German North Sea. Similarly to the recently closed Gode Wind 1 wind farm acquisition financing that Deutsche Bank supported, Global Transaction Banking will act in numerous capacities to support the complex array […]

  • DONG Energy Takes Over Three Dutch Offshore Wind Projects

    20 December 2013
    Business & Finance, Wind Farm Update

    DONG Energy has acquired the remaining 50% interest in three Dutch offshore wind development projects from its joint venture partner SSE. The projects, Den Helder 1, Breeveertien II and West-Rijn, have a total consented capacity of up to 1,050 megawatt and are located in the North Sea off the coast of the Netherlands. The purchase […]

  • Van Oord Installs Inter-Array Cables at Hollandse Kust Noord

    21 July 2023
    Grid Connection, Wind Farm Update

    Van Oord has completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm in the Dutch North Sea. Van Oord’s cable-laying vessel Nexus and trencher Dig-It, a remotely-operated vehicle operated from Subsea Viking, have installed a web of 69 inter-array cables measuring 140 kilometres in total. The offshore wind farm is […]

  • TTS and Ulstein Secure First Colibri Crane Order

    31 May 2017
    Operations & Maintenance, Technology, Vessels

    TTS Group and Ulstein have received the first order for the jointly developed TTS Colibri crane which will be installed on a wind service operation vessel (WSOV) currently under construction in Turkey for Louis Dreyfus Armateurs (LDA).

  • DONG Marks 1000th Turbine in Water

    25 October 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    DONG Energy has become the first company worldwide to have installed 1,000 offshore wind turbines, after recently installing the landmark turbine at the Gode Wind 2 offshore wind farm in German North Sea. Developments have been moving forward at a rapid pace since the first Danish offshore wind turbine with a capacity of 0.45MW started […]

  • Nexans’ New Third-Generation Cable Layer Will Be Able to Lay Four Cables at Once

    26 July 2023
    Business & Finance, Business development, Innovation, Outlook & Strategy, Transition, Vessels

    Nexans is investing in a new third-generation cable-laying vessel in order to, as the company says, support a record project backlog and meet future needs of offshore wind and interconnector projects. According to Nexans, building upon the cutting-edge technology featured on the flagship vessel Nexans Aurora, the new vessel goes further with improved design, comfort […]

  • Dong Closes Onshore Activities to Focus on Offshore

    23 December 2014
    Business & Finance

    DONG Energy has today agreed to divest its shareholding in the Swedish onshore wind farm Storrun and Thursday last week the company divested its shareholding in the Norwegian onshore development company Zephyr. This marks the divestment of DONG Energy’s last onshore wind activities. As regards the 30MW onshore wind farm Storrun in Sweden, which has […]

  • DONG Energy’s Wind Earnings Up, EBITDA Down in Q1 2017

    27 April 2017
    Business & Finance, Operations & Maintenance

    DONG Energy reported an operating profit (EBITDA) from continuing operations of DKK 3.3 billion (EUR 443.5 million) in the first quarter of 2017, a 53.5% slide compared with DKK 7.1 billion in Q1 2016, despite a 21% jump in earnings from commissioned wind farms.

  • Wind Lifts DONG Energy, IPO Within a Year

    27 April 2016
    Business & Finance

    DONG Energy has ended the first quarter of 2016 with DKK 5.2 billion (EUR 699 million) net profit, a 49% increase compared to DKK 3.5bn net profit recorded in the first quarter of 2015, mainly attributed to a strong performance in the Danish energy company’s Wind Power sector. Earnings before interest, taxes, depreciation and amortization […]

  • Offshore Wind Eases DONG’s Financial Pains

    4 February 2016
    Business & Finance

    DONG Energy recorded an operating profit (EBITDA) of DKK 18.5 billion (EUR 2.48 bn) in Fiscal Year 2015, a 13% increase compared to DKK 16.4 bn EBITDA in FY 2014, driven mainly by higher generation from offshore wind and higher levels of offshore wind farm construction activities for co-investors, the company said in its annual report today. […]

  • DONG Has Offshore Wind in Its Sails

    29 October 2015
    Business & Finance

    DONG Energy’s earnings were 14% higher in the first nine months of 2015, compared with the same period last year, the company reported today in its interim financial report for 9M 2015. DONG said earnings (EBITDA) were up by 14% in the first nine months from DKK 13.0 billion (approx. EUR 1.7 billion) in 2014 to DKK 14.8 billion (approx. […]

  • DONG Explains the Thinking Behind Subsidy-Free Bids

    14 April 2017
    Authorities, Business & Finance, Operations & Maintenance, R&D, Technology, Wind Farm Update

    DONG Energy has revealed the factors behind the decision to place two zero subsidy bids in the first round of offshore wind auctions in Germany. As reported earlier, the Bundesnetzagentur awarded DONG the right to build three offshore wind projects in the German North Sea with a combined capacity of 590MW. For two of the projects – […]

  • Dong Energy in Norddeich, Germany: Building the O&M base for the Borkum Riffgrund and Gode Wind projects

    22 July 2014

    It is always good when you can go to a pretty village on the coast on a bright summer’s day; just imagine how good this is when you do this every day for your work. DONG Energy were probably not too concerned about this aspect when they chose the small North German port of Norddeich […]

  • Avangrid Terminates Long-Fought PPAs in Massachusetts at Cost of Almost USD 50 Million

    19 July 2023
    Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update

    Massachusetts’s electric distribution companies Eversource Energy, National Grid and Unitil have agreed to terminate their power purchase agreements (PPAs) for the Commonwealth Wind offshore wind farm at the request of the project developer, Iberdrola-owned Avangrid, which will pay USD 48 million in penalties for the termination that is yet to be approved by the state’s […]