1668 results found for 'Taiwan'

1668 results found for 'Taiwan'
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  • 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.

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • After Europe, Offshore Wind Spending Closing In on Oil & Gas in Asia, US

    2 November 2021
    Business & Finance

    Offshore wind spending is nearing that of offshore oil and gas and is anticipated to surpass it in several key markets by 2030, Rystad Energy said, with Europe being the first to count more offshore wind than oil and gas investments, followed by Asia (excluding China) and the US. In Europe, the UK already marked […]

  • 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 […]

  • 15 MW Siemens Gamesa Turbines for US Offshore Wind Farm

    26 May 2020
    Contracts & Tenders, Technology, Wind Farm Update

    Siemens Gamesa Renewable Energy will conditionally supply SG 14-222 Direct Drive offshore wind turbines to the 2,640 MW Dominion Energy Coastal Virginia Offshore Wind (CVOW) commercial project. This project will be home to Siemens Gamesa’s latest offshore turbine variant having the capability to produce up to 15 MW with a 222-metre rotor. The exact quantity […]

  • BNEF: 2019 a Record Year for Offshore Wind Investment

    16 January 2020
    Business & Finance

    Investment in offshore wind reached USD 29.9 billion in 2019, up 19% on 2018 and USD 2 billion more than in the previous record year of 2016, the latest data from research company BloombergNEF (BNEF) shows. The last quarter of the year was particularly busy and saw a number of offshore wind deals, according to […]

  • Total Offshore Wind Capacity Expected to Reach 120 GW by 2026, IEA Says

    3 January 2022
    Business & Finance

    Cumulative offshore wind capacity is forecast to more than triple by 2026, reaching almost 120 GW, according to the Renewables 2021 – Analysis and forecasts to 2026 report from the International Energy Agency (IEA). We are going to end this year with offshore wind additions reaching 11 GW, almost double compared with last year, according […]

  • Farm-Downs Lift Ørsted’s Numbers

    3 November 2022
    Business & Finance

    Leading offshore wind developer Ørsted has recorded an operating profit (EBITDA) of DKK 25.4 billion (EUR 3.41 billion) for the first nine months of the year, of which DKK 10.9 billion related to the 50 per cent farm-downs of the Hornsea 2 and the Borkum Riffgrund 3 offshore wind farms. EBITDA excluding new partnerships increased […]

  • UK: 2012 Another Record Year for EMEC

    24 December 2012

    Demand for access to wave and tidal test sites at the European Marine Energy Centre has never been higher as the pioneering Orkney based facility gears up for its tenth anniversary year. All 14 of EMEC’s test berths – at its Billia Croo and Fall of Warness wave and tidal sites – are now contracted […]

  • Siemens-Gamesa Merger to Obtain EU Approval by Mid-March

    3 March 2017
    Business & Finance, Contracts & Tenders

    The European Commission will decide on the Siemens-Gamesa merger by 13 March. The deal involves Gamesa absorbing Siemens’s wind power assets in exchange for newly-issued shares in Gamesa, with Siemens owning 59% of the new company and Iberdrola retaining an 8% interest.

  • 2018: Adding More Space for Offshore Wind

    3 January 2019
    Authorities

    When it comes to emerging offshore wind markets, Taiwan, India and the U.S. have been in the spotlight over the last few years and especially in 2018. Nevertheless, a few new areas made the offshore wind map over the last year, beyond those already well known and ready for takeoff. Offshore wind is not only expanding as new markets emerge globally, but also as the countries with existing offshore wind farms and those under development already eye earmarking further areas where offshore wind turbines could be installed.  

  • Ørsted and WWF Testing 3D-Printed Reefs at Danish Offshore Wind Farm

    27 June 2022
    Environment, R&D

    Ørsted and the World Wide Fund for Nature (WWF Denmark) are testing how 3D-printed reefs can benefit biodiversity in the Kattegat, a strait between Denmark and Sweden, which is experiencing a historically low cod stock, the Danish energy company said. This is the first time 3D-printed reefs are used in Danish waters, and they will […]