192 results found for 'hornsea 3'

192 results found for 'hornsea 3'
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  • Offshore Wind Investments Reach Record USD 30 Billion in 2016

    12 January 2017
    Business & Finance, R&D, Technology

    Offshore wind was the brightest spot in the global clean energy investment picture in 2016 with capital spending commitments to this technology hitting USD 29.9 billion, according to the latest figures from Bloomberg New Energy Finance (BNEF). The industry saw a 40% increase in investment in 2016 compared to 2015 figures as developers took advantage […]

  • Aker Offshore Wind, Aker Horizons to Complete Merger This Month

    15 June 2022
    Business & Finance

    The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As announced on […]

  • RES Offshore to Maintain ORE Catapult’s Blyth Met Mast

    2 June 2014
    Business & Finance, Operations & Maintenance, R&D, Technology

    RES Offshore has signed an Operations and Maintenance (O&M) services contract with the Offshore Renewable Energy Catapult for the met mast installed approximately 3 nautical miles off Blyth and close to the location of the proposed nearest shore array of the Blyth Offshore Wind Demonstration Project. RES will be delivering scheduled maintenance, unscheduled maintenance and […]

  • 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 […]

  • UK: Carbon Trust to Issue Warning to Offshore Wind Industry

    12 June 2013

    Carbon Trust will today issue a warning to the offshore wind industry that important new innovations to slash the cost of offshore wind power are at risk of remaining on the drawing board as the UK currently has nowhere to demonstrate new lower-cost foundations with more powerful offshore wind turbines. The issue has become so […]

  • ORE Catapult Appoints Two Members to Senior Management Team (UK)

    26 September 2013

    The Offshore Renewable Energy (ORE) Catapult, the Glasgow-based UK innovation centre established by the UK Government’s Technology Strategy Board to accelerate the growth and commercialisation of offshore wind, wave and tidal technologies, today (DATE) announced the appointment of two new members to its senior management team. Chief Executive Andrew Jamieson described the appointments of Chris […]

  • Ørsted Points to Possible Reason for EUR 403 Million Cable Problem

    30 April 2021
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Leading offshore wind developer Ørsted has suggested that a scour protection method which left the inter-array cables unstabilised could be the potential reason for an up to DKK 3 billion (EUR 403 million) issue across up to ten wind farms in Europe. As reported earlier, Ørsted first became aware of the problem earlier this year […]

  • BlackRock to Buy Renewables Investor Global Infrastructure Partners for USD 12.5 Billion

    15 January 2024
    Business & Finance, Industry

    US-based investment company, BlackRock, has agreed to buy compatriot independent infrastructure fund manager, Global Infrastructure Partners (GIP), in a USD 12.5 billion cash and shares deal. Under the deal, the world’s largest asset manager will take over GIP for USD 3 billion in cash and approximately 12 million shares of BlackRock common stock. Founded in […]

  • Europe Entering Record-Breaking Offshore Wind Streak

    21 April 2022
    Business & Finance, Wind Farm Update

    New offshore wind capacity additions in Europe are poised to hit a record high of 4.2 GW this year, topping 4 GW for the first time and more than doubling additions seen in 2021, Rystad Energy research shows. The continent’s capacity additions in 2022 will top the previous annual record of 3.8 GW set in […]

  • Highlights of the Month – February 2021

    1 March 2021

    The Offshore WIND team brings you the ten most-read articles on the site for the second month of 2021. Vestas Launches 15 MW Offshore Wind Turbine Danish wind turbine manufacturer Vestas has introduced the V236-15.0 MW offshore wind turbine. Siemens Gamesa Rolls Out Record-Breaking Wind Turbine Blade Siemens Gamesa has completed the first Siemens Gamesa […]

  • GeoSea Agrees to Buy A2SEA from DONG Energy and Siemens

    7 July 2017
    Business & Finance, Vessels

    GeoSea is set to acquire the full ownership of A2SEA, owned by DONG Energy and Siemens, after the three companies signed an agreement today, 7 July. 

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • Octopus Energy Creates GBP 3 Billion Offshore Wind Fund

    17 November 2023
    Business & Finance, Collaboration, Outlook & Strategy

    Octopus Energy’s generation arm has launched a dedicated fund with Japan’s Tokyo Gas to invest GBP 3 billion (approximately EUR 3.5 billion) in offshore wind globally by 2030. The fund, set up with a GBP 190 million (about EUR 217 million) cornerstone investment from Tokyo Gas, will invest in the development, construction, and operational stage […]

  • Ørsted Revises Offshore Production Forecasts Downward

    29 October 2019
    Business & Finance

    Ørsted has revised its offshore wind production forecasts after concluding that the company’s current production forecasts underestimate the negative impact of the blockage effect and the wake effect. The blockage effect arises from the wind slowing down as it approaches the wind turbines. There is an individual blockage effect for every turbine position and a […]

  • Industry Leaders to Gather at Offshore Wind Connections 2014

    24 March 2014

    Some of the leading figures in the offshore wind industry will be at a free two-day conference and forum this week, debating the Humber’s role in a £100bn UK investment opportunity. Senior executives from Able UK, AREVA Wind, Smart Wind/Mainstream Renewable Power, among others, are to speak at Offshore Wind Connections 2014. The second annual […]

  • UK: Fugro Opens Soils Testing Laboratory

    7 October 2013

    Today marks the official opening of Fugro’s expanded soils testing laboratory at the Group’s UK headquarters in Wallingford, Oxfordshire, by The Mayor of Wallingford, Councillor Bernard Stone. An investment of over £1 million has been made in increasing the capacity and in state-of-the-art equipment, as a direct result of the significant increase in the number […]

  • DONG Energy Opens Call for Offshore Wind Apprenticeships in Grimsby

    19 June 2017
    Operations & Maintenance, Training & Education

    DONG Energy has partnered with the Grimsby Institute to offer new offshore wind turbine technician apprenticeships.

  • Developers Unveil Plans for Wind Farm off East Yorkshire Coast (UK)

    11 November 2011

    PLANS for a huge wind farm to be built off the East Yorkshire coast have been unveiled to the public reports the Grimsby Telegraph. With the firm behind the scheme promising hundreds of jobs to people in North East Lincolnshire if the scheme goes ahead. Mainstream Renewable Power and Siemens Project Ventures are leading the […]

  • Bladt Reports Good 2016 Results. Eyes US, APAC Offshore Wind Markets

    7 April 2017
    Business & Finance

    According to Bladt Industries’ 2016 annual results, the company saw a very favourable year with offshore wind projects as the main driver. Bladt reported a revenue increase from DKK 3 billion (approx. EUR 403 million) in 2015 to DKK 3.5 billion (approx. EUR 470 million) last year.

  • Siemens to build wind turbine production plant in the UK

    29 March 2010
    Technology

    Siemens Energy is to build a new production plant for offshore wind turbines in the UK. With the new plant Siemens wants to meet the growing demand for wind turbines for British offshore projects. As world market leader in the offshore sector Siemens has already successfully implemented eleven projects with a combined capacity in excess […]

  • BVG Associates: Who Could Win Next CfD Auction in UK?

    7 January 2016
    Authorities, Business & Finance

    Following the UK Energy Secretary Amber Rudd’s announcement that the government will hold three Contract for Difference (CfD) auctions before 2020, the first of which will kick off this year, Chris Willow, Senior Associate at BVG Associates, has selected front runners in the race to win the first auction. In terms of projects that could win the auction, […]

  • DONG Energy’s Race Bank Takeover Good for East of England

    24 December 2013
    Business & Finance

    The decision of energy giant Centrica to pull out of a windfarm project 17 miles off the North Norfolk coast could prove to be good news for the area. James Gray, inward investment director for the East of England Energy Zone (EEEZ), said he was delighted to see Danish company DONG Energy Power (UK) invest […]

  • Parkwind Consortium Submits Application for Norwegian Offshore Wind Project

    15 November 2023
    Authorities, Collaboration, Outlook & Strategy, Planning & Permitting

    The Ventyr Energy consortium has submitted the application to prequalify for the development of an offshore wind project in the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy consortium was first established as a partnership […]

  • Contract Signed for Norway’s First Commercial Offshore Wind Farm

    19 April 2024
    Authorities, Business & Finance, Planning & Permitting, Project Updates, Wind Farm Update

    The government of Norway has signed a two-way Contract for Difference (CfD) related to the offshore wind farm project in the Sørlige Nordsjø II zone with Ventyr Energi, the winner of the recently held auction. Ventyr Energi, a consortium of Parkwind and Ingka Investments, won the rights to develop the wind farm project at the […]

  • BREAKING: Parkwind Consortium Wins Norway’s First Offshore Wind Tender

    20 March 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The Norwegian government has unveiled Ventyr Energi, a consortium of Parkwind and Ingka Investments, as the winner of the Sørlige Nordsjø II (Southern North Sea II) offshore wind auction round in Norway. The winning bid in the auction was NOK 1.15 (EUR 0.099) per kilowatt hour. “This is a milestone in the government’s offshore wind […]

  • Top News of 2019 – Editors’ Picks

    1 January 2020

    With 2019 now behind us, our editorial team looks back on what shaped the offshore wind industry in the last year of the decade. Below is a subjective list highlighting some of the most impactful events in the sector: UK Offshore Wind Strike Prices Slide Down to GBP 39.65/MWh Offshore wind projects selected in the […]