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The proposed reduction in 2019 Feed-in-Tariffs (FiTs) for offshore wind in Taiwan could potentially have a negative impact on Ørsted’s localisation plans and the final investment decision for the company’s first offshore projects in the country, a spokesperson for Ørsted told Offshore WIND.
Offshore wind farms in combination with meshed offshore grids and cross-border interconnectors, powered by appropriate regulatory frameworks, can largely contribute to energy security in the European Union.
Building offshore wind parks without subsidy has hailed a new phase in the development of offshore wind. Next to that, the LCOE of offshore wind has dropped dramatically in the last ten years.
Ulstein Verft has contracted Uptime International to deliver its 30m access solution for the new service operation vessel (SOV) that will operate at the Merkur offshore wind farm in Germany.
New plans to build two commercial offshore wind farms near the Massachusetts and Rhode Island coasts have sparked a lot of discussion about the vast potential of this previously untapped source of electricity.
DEME Group’s advanced cable lay vessel Living Stone has arrived from Santurtzi in Spain to Vlissingen, the Netherlands, where the vessel will undergo final outfittings before completion, DEME’s spokesperson told Offshore WIND.
With the European Parliament recently voting on reforms to Europe’s electricity markets, aiming to modernise them and make them fit for renewables as part of the EU’s Clean Energy Package, this is still not the final deal, according to WindEurope’s CEO Giles Dickson.
Rampion Offshore Wind Ltd. has made a GBP 100,000 donation to the Royal National Lifeboat Institution (RNLI) from the Rampion offshore wind farm community fund, set up to benefit communities across Sussex, UK.
Damen Shiprepair Oranjewerf has completed final outfitting and modifications on a second subsea-support walk-to-work (W2W) vessel for Vroon Offshore Services – VOS Stone.
Osbit has reported a 59% increase in its overall profit for the fiscal year ending 30 September, amounting to GBP 1.3 million, which enabled the company to make bonus payments to its 60-strong workforce.
Esvagt announced that it will fit out the Safe Transfer Boats (STBs) onboard its Service Operations Vessels (SOVs) itself from now on, and has started with the two STBs onboard Esvagt Mercator, a newly-built SOV chartered by MHI Vestas for the Belwind 1 and Nobelwind offshore wind farms in Belgium.
Monopile foundations are the best option for next generation turbines because they are the most cost-effective solution in the market, Michel Kurstjens, Chief Commercial Officer of Sif Group, said.
Seaproof Solutions has unveiled its offshore Retrofit J-Tube, for which it says that it can be adapted to a wide range of foundation types, allowing for a multitude of installation procedures and extra protection to subsea cables, umbilicals or flexible pipes.
Iberdrola posted net profit of EUR 827.6 million in the first quarter of 2017, 4.7% down on the same period last year.
Damen Shiprepair & Conversion (DSC) has been working on Vole au vent, Jan De Nul’s 140m jack-up vessel purpose built for the installation of new generation offshore wind turbines, as the vessel has been deployed on two installation phases at the Belgian Nobelwind offshore wind farm.
Danish blade designer and manufacturer LM Wind Power reported EUR 51.7 million net profit for the Fiscal Year 2016, a 776 per cent increase compared to EUR 5.9 million net profit recorded in FY 2015 driven by higher sales and better operating performance.
DONG Energy left 2016 with a net profit of DKK 12.2 billion (approx. EUR 1.6 billion) – DKK 11.2 billion (EUR 1.5 billion) higher than in 2015, when the company reported a net profit of DKK 1 billion (EUR 134 million).