1644 results found for 'Taiwan'

1644 results found for 'Taiwan'
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  • UK Should Set Up Floating Wind Funding Pot – Report

    1 November 2019
    Technology

    The UK Government should use the Contracts for Difference (CfD) auction framework to create a specific pot of funding for innovative technologies like floating wind, according to a report released by RenewableUK and Scottish Renewables. This will secure an increase in new capacity from 32MW now to up to 2GW by 2030, making floating wind […]

  • 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 […]

  • Global Offshore Wind to Top 520 GW by 2040, Floating Wind to Play Major Role – Rystad Energy

    23 August 2024
    Industry, Market Outlooks, Outlook & Strategy

    According to Rystad Energy, global offshore wind capacity will surpass 520 GW by 2040, with floating wind installations nearing 90 GW by that time. In 2023, the offshore wind sector saw a seven per cent increase in new capacity additions compared to the previous year, said Rystad Energy. This momentum is expected to accelerate this […]

  • Longitude Engineering Designing Offshore Charging-Capable Electric SOV for Bibby Marine-Led Consortium

    18 January 2024
    Industry, Operations & Maintenance, Supply Chain, Vessels

    A consortium led by Bibby Marine, which is working on bringing a zero-emission electric service operation vessel (eSOV) to the UK and European offshore wind markets, has contracted Longitude Engineering, a UK-based engineering consultancy and ship design firm, to design the new SOV. Bibby Marine announced the company and its consortium partners Port of Aberdeen, […]

  • Clarksons Platou Establishes Offshore Renewables Division

    10 May 2017
    Business & Finance, Operations & Maintenance, Vessels

    Integrated shipping services provider Clarksons Platou has consolidated its renewables experts into a dedicated global division to provide ship broking, market intelligence and commercial services specifically to the offshore renewables market.

  • Cobra and Flotation Energy Reveal 7 GW ScotWind Floating Offshore Wind Bid

    22 September 2021
    Contracts & Tenders

    Cobra and Flotation Energy plc, the team behind the world’s largest operating floating wind project, has announced it is bidding for up to 7 GW across several sites in Crown Estate Scotland’s ScotWind Leasing Round. The bids have been submitted through Offshore Wind Ltd, their joint venture company and each project will be up to […]

  • GWEC: Installed Offshore Wind Reaches 8,759 MW in 2014

    2 April 2015
    R&D

    The Global Wind Energy Council (GWEC) launched its flagship publication the Global Wind Report: Annual Market update yesterday in Istanbul. The report details wind power’s remarkable growth in 2014, as well as updating GWEC’s rolling 5 year market projections, which show continued growth for the rest of the decade. Led by China and Brazil in the first […]

  • Ørsted Off to a Strong Start in 2022

    29 April 2022
    Business & Finance

    World’s leading offshore wind developer Ørsted has recorded DKK 5.7 billion (EUR 766 million) net profit in the first quarter of 2022, a 257 per cent increase compared to a DKK 1.6 billion net profit reported for the same period a year earlier. The operating profit (EBITDA) for the quarter totalled DKK 9.4 billion, an […]

  • Wpd Unveils Two Offshore Wind Projects in Romania

    31 January 2022
    Wind Farm Update

    Germany-headquartered renewable energy developer wpd offshore plans to build two offshore wind farms in Romania’s sector of the Black Sea and has already summitted application documents with the Romanian government. Wpd said that it officially applied for the development of the two offshore wind projects in July 2021 and that it had established separate project […]

  • Denmark: Bright Future for Global Offshore Wind Power Industry

    17 December 2012

    While maturing growth and policy headwinds have dampened growth in onshore wind power, offshore wind power is expected to show strong growth – especially towards the end of the decade. MAKE Consulting expects offshore installation compound annual growth of 44% in 2011-2016, with 18GW of installations in the period, supported by favourable policy in Europe […]

  • 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.

  • BlueFloat Unveils 7.5 GW of Floating Wind Projects in Philippines

    5 June 2023
    Business & Finance, Business development, Floating Wind, Wind Farm Update

    On 2 June, BlueFloat Energy announced that the company had secured contracts for four (floating) offshore wind project sites in the Philippines and thus entry into the country’s offshore wind market. These are Wind Energy Service Contracts (WESCs), or Offshore Wind (OSW) Service Contracts (SCs), that are being awarded by the Philippines’ Department of Energy, which reported in April […]

  • Offshore Wind Cushions Jan De Nul from Rough Dredging, Oil & Gas Markets

    30 May 2018
    Business & Finance

    Jan De Nul has reported a 2017 decline in the dredging market which, together with challenging conditions in the oil & gas industry, left a mark on its financial results. In the light of this, the company emphasised the role offshore wind had in its performance last year, adding that it sees further growth in the offshore renewables market, where its business is no longer restricted to Europe.

  • EU and India Join Hands to Facilitate Offshore Wind

    27 January 2014
    R&D

    The Global Wind Energy Council (GWEC) and partners announced today the launch of a four year project to develop a roadmap for offshore wind development in India, with a focus on the states of Gujarat and Tamil Nadu. Supported by a € 4 million contribution through the European Union’s Indo-European Cooperation on Renewable Energy programme, […]

  • MAKE: European Offshore Wind Heading toward 2016 Cliff

    22 December 2014
    Business & Finance, R&D

    As the offshore wind industry is making important progress to reduce cost of energy in support of an outlook for global average annual growth of 22% to 2023, the European near term outlook shows a sharp decline of more than 60% in grid connected offshore wind capacity in 2016 compared to 2015, as the UK […]

  • Ørsted Reshuffling Exec Team Amid ‘Challenging Business Environment’ in the Industry

    14 November 2023
    Business & Finance, Fixed-Bottom, Floating Wind, Industry

    Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO […]

  • Taiwanese Semiconductor Company to Get Power from CIP’s Fengmiao 1 Offshore Wind Farm

    18 March 2025
    Business & Finance, Fixed-Bottom

    Denmark’s Copenhagen Infrastructure Partners (CIP) has signed a Power Purchase Agreement (PPA) with MediaTek, a Taiwanese semiconductor company, for the Fengmiao 1 offshore wind farm. Under the agreement, MediaTek will purchase power from the 500 MW Fengmiao 1 offshore wind farm, being developed by Copenhagen Offshore Partners (COP) on behalf of CIP. “MediaTek is a global […]

  • BP, JERA Forming ‘One of Largest Global Offshore Wind Developers’

    9 December 2024
    Business & Finance, Business development, Fixed-Bottom, Floating Wind

    BP and Japanese global renewable energy developer JERA have signed an agreement to combine their offshore wind businesses to establish a new standalone company. The two partners say the new company will become one of the largest global offshore wind developers, owners and operators with 13 GW in operational and in-development assets and USD 5.8 […]

  • Ørsted Doubles Offshore Wind Earnings in 2023

    7 February 2024
    Business & Finance

    World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according to Ørsted’s 2023 annual results, which […]

  • European Progress Blazes Trail for Investment in US Offshore Wind

    9 February 2017
    Business & Finance

    The progress offshore wind industry has made in Europe is making things easier when it comes to investments into such projects in the United States.

  • Vestas to Repurpose Isle of Wight Factory for Onshore Wind as Recently Launched Offshore Blade Production Line No Longer Needed

    12 December 2024
    Business & Finance, Jobs & Recruitment, Manufacturing, Supply Chain, Wind Turbines

    Vestas is ceasing the production of blades for the V174 offshore wind turbine at its Isle of Wight factory as the model is going out of demand. The company has signed an agreement in principle with the UK Government to repurpose the factory for onshore blades since it is unsuitable for next-generation offshore wind turbine […]

  • GWEC: Offshore Wind Preparing for New Era of Dramatic Growth

    1 July 2022
    Industry

    Offshore wind had its best year ever last year with 21.1 GW of new installations bringing global capacity to 56 GW, with China contributing 80 per cent of new offshore installations in 2021, leading offshore wind for the fourth year in a row. This is according to the latest Global Offshore Wind Report launched by the Global […]

  • Rystad Energy: Offshore Wind Jobs to Triple by 2030

    19 February 2021
    Jobs & Recruitment

    Workforce demand in offshore wind will rise dramatically over the next decade, with the number of jobs in this sector reaching around 589,000 in 2025, while 2030 could see 868,000 full-time offshore wind jobs. Currently, it is estimated that around 297,000 people are working in the sector. This is according to an analysis from Rystad […]

  • Subsea7’s Backlog Remains ‘Robust’ with High Tendering in Subsea and Offshore Wind

    25 April 2024
    Business & Finance, Business development, Cables, Grid Connection, Outlook & Strategy, Transition, Vessels

    Subsea7 has reported a “robust” backlog of USD 10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured USD 7.4 billion of contract awards […]

  • EOLOS: Floating Lidars Are Here to Stay (Interview)

    24 November 2015
    Technology

    At this year’s EWEA, Offshore WIND took the opportunity to interview Rajai Aghabi, CEO of EOLOS Floating Lidar Solutions, a newly launched company specializing in floating wind lidars. Offshore WIND: How did EOLOS Floating Lidar Solutions enter the offshore wind market? Was the cooperation with KIC InnoEnergy crucial in launching your company? Rajai Aghabi: EOLOS came […]

  • Taiwanese Project Cleared to Use 14 MW Offshore Wind Turbines

    12 August 2021
    Wind Farm Update

    Taiwan’s Environmental Protection Agency has accepted an amendment to an Environmental Impact Assessment of a gigawatt-scale offshore wind project which will allow the deployment of 14 MW wind turbines. This is an excerpt from a Premium article published on our sister site Offshore Energy. You can read the original article by clicking on the link […]