Search results for: green

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14 June 2019 Business & Finance

Vattenfall has issued a EUR 500 million senior unsecured green bond with a tenor of seven years. The bond is the company's first and the first international issuance under an EMTN program under Swedish governing law, listed on Nasdaq Stockholm. The proceeds from the issue are earmarked for projects defined in Vattenfall's green bond framework, which […]

11 June 2019 R&D, Technology, Vessels

The Carbon Trust’s Offshore Wind Accelerator (OWA) has launched a competition to accelerate the development of technologies with the potential to reduce vessel emissions and fuel consumption. The OWA Low Emission Vessels competition will focus on innovations for crew transfer vessels (CTVs). Designs submitted to the competition will be assessed for overall cost, operations, and […]

7 June 2019 Authorities, Wind Farm Update

The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) has approved the increase in the maximum generating capacity of the East Anglia THREE offshore wind project from 1,200MW to 1,400MW. The Secretary of State has also approved the requests made by East Anglia Three Limited for the number of gravity base foundations at the […]

6 June 2019 Authorities

The Connecticut State Senate has unanimously approved the procurement of an additional 2,000MW of offshore wind energy. The House Bill 7156, An Act Concerning the Procurement of Energy Derived From Offshore Wind, will now be referred to Connecticut's Governor Ned Lamont for signature into law. The Department of Energy and Environmental Protection is then expected to issue a request for proposal […]

21 May 2019 Business & Finance

TenneT Holding B.V. has launched and priced another Green Bond issue of EUR 1.25 billion, with proceeds set to be used for investing in offshore wind. The green bond is split into a tranche of EUR 500 million, under an 11-year term and a coupon of 0.875%, and EUR 750 million, under a 20-year term and a […]

17 May 2019 Contracts & Tenders, Wind Farm Update

Siemens Gamesa has selected Green Wind to organise and supervise all switching operations during the commissioning of the offshore transformer platform and the wind turbines at the 112MW EnBW Albatros wind farm in the German North Sea. The transformer platform and the wind farm's 16 Siemens Gamesa 7MW turbines are scheduled to be commissioned by […]

10 May 2019 Business & Finance

Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds, to finance its green growth ambition towards 2025 including the investment in the 1,386MW Hornsea Project Two offshore wind farm in the United Kingdom. Ørsted has completed the pricing of new unsecured green senior bonds comprising a GBP 350 million fixed-rate […]

7 May 2019 Business & Finance

Ørsted A/S plans to issue green senior bonds in the UK-market to finance its green growth ambition towards 2025 including the investments in 1,386MW Hornsea Two offshore wind farm. With the bond issuance, Ørsted targets a multi-tranche senior unsecured GBP-Sterling green bond, subject to market conditions. Tranches may include benchmark 8-year and 14-year nominal fixed […]

30 April 2019 Business & Finance, Wind Farm Update

Ørsted has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff level announced on 30 January 2019. […]

25 April 2019 Contracts & Tenders, Vessels

Green Marine has won a contract by Seaway 7 to provide crew transfers for the Beatrice offshore wind farm in the UK. The company's latest vessel Green Storm is providing the transfers to and from the project site offshore the Caithness coastline. Green Marine also worked with Seaway 7 on the Beatrice wind farm last year, […]

26 March 2019 Contracts & Tenders, Vessels

Vattenfall has signed a contract with Windcat Workboats for the provision of crew transfer vessels (CTVs) for the Hollandse Kust Zuid 1&2 offshore wind farm in the Dutch North Sea. Under the agreement, Vattenfall will be one of the first users of Windcat's hydrogen-powered vessels, currently being developed. The IJmuiden-headquartered vessel operator is working with CMB […]

15 March 2019 Operations & Maintenance

Green Marine (UK) Ltd has carried out buoy maintenance on Equinor's Hywind Scotland floating offshore wind project. Under the contract, which was awarded by Partrac, Green Marine used its vessel Green Isle to conduct the works. "These works were carried out safely, efficiently and on budget, utilising the small weather windows available," said Green Marine. Hywind […]

12 March 2019 Business & Finance, Grid Connection

Partners Group has provided equity financing for the 500MW Greenlink Interconnector, the subsea connection set to be built between Ireland and Great Britain. Greenlink has so far been developed by Element Power, which, together with funds managed by Hudson Sustainable Investments, is the other major shareholder in the project. "Greenlink Interconnector is a key electricity […]

12 March 2019 R&D, Technology

The increasing penetration of wind and solar power in the years to come will make the hydrogen produced from renewable energy an affordable alternative by 2035, according to DNV GL’s new research paper. According to the report titled ''The economically viable use of green hydrogen'', green hydrogen will become an economic energy carrier to complement electricity and […]

6 March 2019 Vessels

Green Marine has expanded its fleet by recently purchasing a Damen Twin Axe 26m long crew transfer vessel named the Green Storm. The vessel will focus on servicing the offshore wind industry, providing transportation of personnel and cargo to offshore installations. The company said that the investment was made to meet the demands of the […]

13 February 2019 Business & Finance, Wind Farm Update

Innogy, Shell and Stiesdal Offshore Technologies (SOT) have reached the final investment decision on their EUR 18 million floating wind demonstration project in Norway. The project will feature SOT's TetraSpar floating foundation supporting a 3.6MW Siemens Gamesa direct-drive turbine which will be tested at the test site of the Marine Energy Test Centre (Metcentre) near Stavanger in […]

5 February 2019 Business & Finance, Wind Farm Update

Canada Pension Plan Investment Board (CPPIB) has issued its first Euro-denominated Green Bond. The sale of EUR 1 billion in 10-year fixed-rate notes will enable CPPIB to invest further in eligible assets such as renewables, water, and real estate projects, as well as diversify the fund’s investor base. Among the Green Bond-eligible investments recently made by […]

28 January 2019 Business & Finance, Ports & Logistics, Vessels

US-based Green Shipping Line and Norwegian/German Kongstein have signed a Memorandum of Understanding (MoU) to provide a complete offshore wind farm supply solution in the US. The supply solution will include consultancy services, a US Jones Act compliant shuttle service, as well as development opportunities at several US ports, the companies said. "We are thrilled to be working […]

22 January 2019 Environment, Operations & Maintenance, R&D, Vessels

The Carbon Trust's Offshore Wind Accelerator (OWA) plans to start a new industry competition next month with the aim of reducing emissions and fuel consumption in offshore wind vessels. OWA is now calling on the industry to respond to a Request for Information (RFI) to inform the scope of the competition. The RFI is the first […]

11 January 2019 Business & Finance

Siemens Gamesa has, in a deal arranged with BBVA, converted a EUR 900 million guarantee line into a 'green' transaction and will use it to support its business of manufacturing and selling onshore and offshore wind turbines worldwide. Through this deal, Siemens Gamesa has also become the first company in Spain to arrange a guarantee line that […]

21 November 2018 Business & Finance, Contracts & Tenders, Wind Farm Update

The 1.5GW Seagreen Phase 1 offshore wind project is entering into May 2019’s Contracts for Difference (CfD) auctions, SSE plc, the owner and developer of the project in Scotland, said. 

25 October 2018 Business & Finance

German energy company EnBW has launched its first green bond on the capital market, with an issue size of EUR 500 million.

19 October 2018 Contracts & Tenders, Ports & Logistics

The Flushing-based BOW Terminal has definitively decided to expand its future offshore wind activities with a new logistics hub in the northern part of Groningen, the Netherlands, following an agreement to purchase a total of 22ha of land in Eemshaven. 

11 October 2018 Business & Finance, Grid Connection

Innogy’s Green Bond Committee has decided to reallocate proceeds of its inaugural Green Bond from renewables generation projects to grid projects.

5 October 2018 Business & Finance

Societe Generale has secured approval by the Financial Supervisory Commission, Republic of China (Taiwan), to issue green bonds in Taiwan.

25 September 2018 Environment, Grid Connection, Vessels

Royal Boskalis Westminster N.V. will use a biofuel blend on the project to install the export cable to the Borssele offshore wind farm in the Dutch North Sea.