335 results
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Grid Connection, Wind Farm Update
The 370MW Norther offshore wind farm has delivered first power to the Belgian grid. The project’s first four MHI Vestas 8.4MW turbines were connected to Stevin, Elia’s new high-voltage station in Zeebrugge today, 26 February. Half of the generated wind energy will be sold to Engie and the remaining half to Eneco, Norther NV said. Van […]
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Engie Fabricom UK Ltd has sold its holding of the share capital of Fabricom Offshore Services Limited (FOS) to 55 Degrees Holding Limited.
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Business & Finance, Operations & Maintenance, Wind Farm Update
Denmark’s HOFOR has bought back a 50% stake in the 40MW Middelgrunden offshore wind farm from Ørsted.
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Business & Finance, Environment
ScottishPower has become the first integrated energy company in the UK to shift completely from coal and gas generation to wind power, after completing the sale of its traditional generation business to Drax for GBP 702 million.
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Service Operation Vessel (SOV) Esvagt Mercator took a breather from its usual activities on the Belgian offshore wind farms Belwind and Nobelwind to participate in an anti-terror exercise.
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Van Oord has completed the acquisition of the UK-based MPI Offshore from Vroon Group, as well as vessels MPI Adventure and MPI Resolution.
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Authorities, Business & Finance, Wind Farm Update
The European Commission has approved under EU State aid rules Belgium’s support of a maximum of EUR 3.5 billion for three offshore wind projects in the Belgian North Sea.
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The U.S. State of California’s Governor Jerry Brown has signed the Senate Bill No. 100 into law, committing to achieve the 100% renewable energy target by the end of 2045.
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Business & Finance, Contracts & Tenders, Wind Farm Update
Tokio-headquartered Mitsui & Co., Ltd.has completed all necessary procedures to enter into a definitive agreement to acquire a 50% share of Yushan Energy Taiwan Co., from Singapore’s Yushan Energy Co., a subsidiary of Enterprize Energy Group.
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Business & Finance, Grid Connection
German state-owned bank, Kreditanstalt für Wiederaufbau (KfW), has agreed to acquire a 20% stake in compatriot transmission system operator 50Hertz Transmission GmbH.
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Authorities, R&D, Technology
A US court in Wisconsin has sentenced Sinovel Wind Group, a Chinese manufacturer and exporter of wind turbines, for stealing trade secrets from AMSC, a U.S.-based company formerly known as American Superconductor Inc.
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Ørsted has initiated a structured process to assess the market interest in acquiring its Danish power distribution and residential customer businesses, as well as the City Light business.
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Fred. Olsen Windcarrier’s jack-up vessel Bold Tern has returned to the port of Esbjerg in Denmark to pick up the second batch of wind turbines for the Borkum Riffgrund 2 offshore wind farm.
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Van Oord has sold its 10% stake in the 600MW Gemini offshore wind farm to the ALTE LEIPZIGER-HALLESCHE insurance group.
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The largest European event covering the whole offshore energy mix, Offshore Energy Exhibition & Conference recently opened the floorplan for 2018. Interested parties can go online to book the best spot on the floor. With oil & gas, offshore wind and marine energy all assembling at this event, OEEC creates the ideal place to display […]
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Operations & Maintenance, Ports & Logistics, Wind Farm Update
ST3 Offshore has sent off a barge carrying the first three jackets for Ørsted’s Borkum Riffgrund 2 offshore wind farm from its serial manufacturing plant in Stettin, Poland, to Cuxhaven, Germany.
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Business & Finance, Technology
Savvy Technologies Ltd, the owner of HiDef Aerial Surveying Inc, will launch a new camera rig on 1 March. According to the company, the new technology is less expensive to produce and will thus decrease the cost of surveying. The current version of the HiDef technology, which has been operating since 2012, will no longer be built.
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Business & Finance, Wind Farm Update
Statkraft is expecting to close the divestment in the Dudgeon offshore wind farm in the first quarter of 2018, after which the company will have terminated its offshore wind engagement.
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Business & Finance, Vessels
C-bed Floating Hotels has sold the oldest floatel in its fleet, the Wind Solution, to an undisclosed buyer.
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Contracts & Tenders, Grid Connection, Operations & Maintenance, R&D, Wind Farm Update
Van Oord has contracted Dutch subsea cable logistics specialist WIND to support the cable transfer operations on the Borkum Riffgrund 2 offshore wind project.
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Operations & Maintenance, R&D, Wind Farm Update
Harland and Wolff has manufactured and exported 24 suction buckets for the Borkum Riffgrund 2 offshore wind farm to ST3 Offshore’s serial manufacturing plant in Stettin, Poland.
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Throughout the year behind us, we witnessed numerous business moves within the industry from mergers and takeovers to companies securing their positions in non-domestic markets where offshore wind is about to take off. Here, Offshore WIND is reminding of only few of the big business news from 2017.
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UK fund manager Equitix will buy Statkraft’s 40% stake in the 316.8MW Sheringham Shoal offshore wind farm for GBP 558 million, with the transaction expected to be completed by the end of December.
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A few years after the sale of its offshore wind activities, the Netherlands-based construction company Ballast Nedam is re-entering the wind energy market with Ballast Nedam Renewables.
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Business & Finance, Environment, R&D
Ørsted has sold its first green bonds for EUR 1.25 billion (almost DKK 10 billion), which will, among other purposes, be used for new and existing offshore wind projects.
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EnBW plans to continue the strategic reorientation and invest heavily in growth areas such as the Grids and Renewable Energies segments, with a particular focus on wind power, the German energy company’s Chief Financial Officer (CFO) Thomas Kusterer said.
