515 results found for 'Hornsea Two'

515 results found for 'Hornsea Two'
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  • Ørsted Has 6.7 GW of Offshore Wind Under Construction

    1 March 2024
    Business & Finance, Business development, Fixed-Bottom

    Ørsted has 6.7 GW of offshore wind under construction in 2024 across several projects worldwide, more than ever before in the company’s history, according to a recent newsletter from the global offshore wind developer. The capacity the company has under construction this year is significantly contributed by the Hornsea 3 offshore wind farm in the […]

  • 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.

  • Mainstream Raises EUR 60 Mln in New Corporate Debt Facility

    22 December 2014
    Business & Finance

    Mainstream Renewable Power has successfully closed a new €60 million corporate debt facility. The four year facility was arranged through BlueBay Ireland Corporate Credit, a vehicle established by one of Europe’s leading asset managers BlueBay Asset Management, with substantial investment from the National Pensions Reserve Fund of Ireland, and through Cantor Fitzgerald Ireland from Irish […]

  • DEME Tries to Take Possession of Unfinished Living Stone from LaNaval Shipyard

    25 September 2017
    Authorities, Business & Finance, Vessels

    Belgium’s DEME Group has attempted to take possession of the advanced cable layer Living Stone, currently under construction at the financially troubled LaNaval shipyard in Bilbao, Spain, and tow the vessel to another location where the delayed construction could be completed.

  • Walney Extension Ready to Take Over London Array’s Title

    31 August 2018
    Wind Farm Update

    Walney Extension, a 659MW wind farm in the Irish Sea, is scheduled to become the world’s biggest offshore wind farm in a few days and throw the 630MW London Array off the throne. 

  • Ørsted’s SOV Sisters Named In Spain

    5 February 2018
    Operations & Maintenance, Ports & Logistics, Vessels

    Norway’s Østensjø Rederi named and launched Edda Mistral on Friday 2nd February, and named Edda Passat on Saturday, 3rd February.

  • Ørsted Contracts Hobson & Porter for UK East Coast O&M Hub

    13 February 2018
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Ports & Logistics, R&D

    Ørsted has appointed UK construction firm Hobson & Porter as the principal contractor for the extension of its offshore wind operations center at the Royal Docks in Grimsby, UK.

  • Ørsted’s Profit Down 52 Per Cent in Q1 2021

    29 April 2021
    Business & Finance

    Ørsted has reported a net profit of DKK 1.6 billion (EUR 215 million) for the first quarter of 2021, a 52 per cent decrease from DKK 3.3 billion from the same period last year. The Danish company saw an operating profit (EBITDA) of DKK 4.9 billion (EUR 659 million) for Q1 2021, a DKK 1.9 […]

  • UK: SMart Wind Launches Final Phase of Consultation for Hornsea Zone Projects

    13 February 2013

    The SMart Wind consortium, led by Mainstream Renewable Power and Siemens Project Ventures, has announced the launch of the next phase of community consultation events set to take place from the 19th to 27th February 2013 for Project One and Project Two within the Hornsea Zone. The events will take place along the proposed route […]

  • Babcock to Build Beatrice Offshore Transformer Modules

    12 September 2016

    Babcock, a UK engineering company, has won a contract from Siemens to build two Offshore Transformer Modules (OTMs) for the Beatrice offshore wind farm.  This follows the award of a contract from DONG Energy in May, when Babcock has been hired to build the world’s first offshore reactive compensation station for the 1.2GW Hornsea Project One offshore wind […]

  • First Subsea Cracks Offshore Wind Market with Hornsea 1 Contract

    20 February 2017
    Business & Finance, Grid Connection, Technology, Wind Farm Update

    Lancaster-based First Subsea, has entered the offshore wind market after signing a multi-million pound contract with DONG Energy to provide cable protection system units for the 1.2GW Hornsea Project One offshore wind farm.

  • Top News of 2016 – Editors’ Picks

    2 January 2017
    Authorities, Business & Finance, Contracts & Tenders, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

    The editorial team at Offshore WIND have compiled a list of what we thought were the most important developments within the offshore wind industry in 2016. Vattenfall Wins Kriegers Flak Tender with EUR 49.9 per MWh Bid Swedish energy company Vattenfall has won the tender to build the 600MW Kriegers Flak offshore wind farm in the Danish part […]

  • Acquired ABB HV Cable Business Boosts NKT’s Revenue, Offshore Wind Fills Orderbook

    15 November 2017
    Business & Finance, Contracts & Tenders

    The high-voltage activities acquired from ABB have driven an increase in NKT’s Q3 2017 revenue, which was at EUR 303.2 million, EUR 106.9 million more than in Q3 2016. Looking at the first nine months, NKT posted a revenue of EUR 776.5 million, compared with EUR 559.7 million reported for the same period in 2016.

  • Siem Offshore Gearing Up for 3 OWF Inter-Array Gigs

    23 February 2017
    Business & Finance

    Siem Offshore Contractors (SOC) is preparing for work on three upcoming offshore wind projects, for which the company signed contracts last year, while also nearing completion for several projects currently underway.

  • Three Offshore Wind Projects Secure Contracts for Difference as Strike Prices Go Down

    11 September 2017
    Authorities, Wind Farm Update

    The UK government has awarded three offshore wind projects with Contracts for Difference (CfD) in the second round of auctions with strike prices going as low as GBP 57.50/MWh for projects scheduled for commissioning in 2022/23.

  • Dong Energy Acquires 33,3 Stake in Offshore Wind Projects in Hornsea Zone (UK)

    16 December 2011

    DONG Energy has acquired a 33.3% stake in the first two offshore wind projects in the Hornsea zone from SMart Wind, the 50/50 joint venture between Mainstream Renewable Power and Siemens’ Financial Services unit, represented by Siemens Project Ventures GmbH. The wind projects, Heron Wind Ltd and Njord Ltd., have a potential total capacity of […]

  • MacGregor Steps Closer to TTS Group Acquisition

    28 December 2018
    Business & Finance

    MacGregor, part of Cargotec, has received a clearance decision from the South Korean Fair Trade Commission for its acquisition of the marine and offshore businesses of TTS Group ASA.

  • UK: Forewind Launches Consultation on Ornithology Addendum

    2 October 2013

    Forewind has launched a consultation process on an ornithology addendum (relating to the cumulative and in-combination assessment) for the Dogger Bank Creyke Beck development consent order application. The addendum has been produced following the receipt of additional ornithology data relating to other developments in the North Sea and the preparation of further environmental information on […]

  • Ørsted’s East Coast Community Fund Gives Back

    18 April 2019
    Business & Finance

    Ørsted has awarded fourteen organizations from Yorkshire, Lincolnshire and North Norfolk in the UK with grants from the fifth round of its East Coast Community Fund. 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. The 14 awarded groups […]

  • CMS Advises Mainstream and Siemens on SMart Wind Stake Sale (UK)

    21 December 2011
    Business & Finance

    CMS has advised the 50/50 joint venture between Mainstream Renewable Power and Siemens’ Financial Services unit, represented by Siemens Project Ventures GmbH, on the sale to DONG Energy of a 33.3% stake in the first two offshore wind projects in SMart Wind’s Hornsea zone with a potential total capacity of up to 1GW. The sale […]

  • WINDFARM UPDATES: Barrow & Burbo Bank Extension, Hornsea Project One, Humber Gateway & Kentish Flats Extension

    2 March 2015

    Barrow & Burbo Bank Extension DONG Energy has become sole owner of the 90MW Barrow Offshore Wind Farm. In December the company announced that it acquired the remaining 50% ownership interest from its joint venture partner Centrica plc. The Barrow wind farm has been in full operation since 2006. Another announcement by the Danish company in December concerned the final investment decision for […]

  • Ørsted’s Offshore Revenue, EBITDA Dip in Q3

    28 October 2020
    Business & Finance

    Danish energy company Ørsted has reported DKK 2.629 billion operating profit (EBITDA) in the Offshore segment in the third quarter of 2020, an 18 per cent decrease compared to DKK 3.223 billion EBITDA reported for the third quarter of 2019. The decrease is mainly due to lower earnings from construction agreements and divestment gains which […]

  • Edda Passat Drops Anchor in Grimsby

    7 March 2018
    Ports & Logistics, Vessels

    Service Operations Vessel (SOV) Edda Passat has arrived in Grimsby ahead of deployment on Ørsted’s Race Bank offshore wind farm in the UK.

  • Highlights of the Month: August 2016

    1 September 2016
    Authorities, Business & Finance, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

    USA Just Got Its First Offshore Wind Farm “The Block Island Wind Farm is now fully constructed,” Jeff Grybowski, Deepwater Wind’s CEO, informed via social media on 18 August. Bilfinger Exits Offshore Wind Foundations Business Germany’s VTC Group Munich has bought Bilfinger’s share in Bilfinger Mars Offshore, a Poland-based manufacturer of steel foundations for offshore […]

  • Race Bank SOV Begins Sea Trials

    20 February 2018
    Operations & Maintenance, Vessels

    Edda Passat, the first Service Operation Vessel (SOV) built in Spain, commenced sea trials earlier this month, after which the vessel will head to Ørsted’s Race Bank offshore wind farm in the UK. 

  • Ørsted to Fight Danish Taxation of Its UK Offshore Wind Farms

    2 December 2020
    Authorities, Business & Finance

    The Danish Tax Agency has decided to tax Ørsted’s Walney Extension and Hornsea One offshore wind farms in the UK and the developer has now announced an appeal to this decision to the Danish Tax Appeals Agency. Namely, Ørsted received an administrative decision on 1 December for the tax years 2015 and 2016, with the […]