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Full Steam Ahead at Nobelwind: First Turbine Up, OHVS Energized
Wind Farm Update

Full Steam Ahead at Nobelwind: First Turbine Up, OHVS Energized

The Nobelwind offshore wind farm has reached two milestones with the last week of October, when the first MHI Vestas wind turbine was installed and the offshore high voltage substation (OHVS) powered, according to Parkwind’s social media pages. The OHVS for the Belgian offshore wind project, also kn

about 10 years ago
EIB Mulls EUR 800 Million Loan for NordLink Interconnector
Authorities

EIB Mulls EUR 800 Million Loan for NordLink Interconnector

Norwegian transmission system operator (TSO) Statnett and Germany’s DC Nordseekabel GmbH, a 50:50 joint venture between TenneT TSO and KfW, have applied for a EUR 800 million loan with the European Investment Bank (EIB) to partially fund the construction of the 1.4GW NordLink high voltage direct cur

about 10 years ago
N-Sea Charters Siem Barracuda
Operations & Maintenance

N-Sea Charters Siem Barracuda

Dutch subsea inspection maintenance and repair (IMR) provider, N-Sea, has increased its fleet through the long term charter of Siem Offshore’s offshore subsea construction vessel, the Siem Barracuda. The vessel is equipped specifically for subsea IMR, survey and construction operations, featuring tw

about 10 years ago
Macquarie Capital Pledges USD 792 Million for Taiwanese Offshore Wind Projects
Authorities

Macquarie Capital Pledges USD 792 Million for Taiwanese Offshore Wind Projects

Australia’s Macquarie Capital and Taiwan’s Ministry of Economic Affairs signed a Memorandum of Understanding which will see the Sydney-based company invest around USD 792 million in offshore wind projects in Taiwan over the next three years, the company’s chairman John Walker said in an interview wi

about 10 years ago
Committee Nominates GIB Special Shareholder Trustees
Authorities

Committee Nominates GIB Special Shareholder Trustees

An independent nominations committee has nominated five trustees to run the Green Purposes Company Ltd (GPC), a newly incorporated organisation tasked with keeping the UK Green Investment Bank plc (GIB) green. In February 2016, the UK Government announced that GIB would create a ‘special share’ as p

about 10 years ago
Cambla Upgrades Schedule Animation Tool
Technology

Cambla Upgrades Schedule Animation Tool

International project services consultancy, Cambla, has launched an upgraded version of its Schedule Animation Tool (S.A.T). Initially released for the oil and gas industry last year, the tool has been further developed to support the planning of renewable marine operations. Cambla says that its S.A

about 10 years ago
Business Focus: IBG Companies in the News
Business & Finance

Business Focus: IBG Companies in the News

With Offshore WIND heading towards the launch of its International Business Guide (IBG) 2017, the Business Focus articles will update you on the companies listed in our IBG that appeared in the news over the past few weeks. Bladt Industries The final six transition pieces for the 402MW Veja Mate off

about 10 years ago
RenewableUK Hails UK Content at Hornsea Project One
Authorities

RenewableUK Hails UK Content at Hornsea Project One

RenewableUK has welcomed the news that DONG Energy has awarded the UK-based JDR Cables with a multi-milion-pound contract to supply array cables to what will be the world’s biggest offshore wind farm, the 1.2GW Hornsea Project One. The British company will design and manufacture 242 kilometres of ar

about 10 years ago
JDR Strikes Gold with Hornsea Project One Contract
Business & Finance

JDR Strikes Gold with Hornsea Project One Contract

DONG Energy has awarded JDR with a contract to supply subsea power cables for the 1.2GW Hornsea Project One offshore wind farm, the largest array cable award in the company’s history. The contract will see JDR design and manufacture 242km of array cables, covering two thirds of the total wind farm c

about 10 years ago
TSG Marine Expanding, Picks Port of Blyth as Its Base
Business & Finance

TSG Marine Expanding, Picks Port of Blyth as Its Base

TSG Marine and Port of Blyth have announced a partnership that will see the provider of engineering solutions to the oil & gas, marine and renewables industries creating a base for its services at the Port. The engineering company has been looking for a waterside base to support its expansion plans

about 10 years ago
MHI Vestas Employing 70 at UK Blade Factory
Business & Finance

MHI Vestas Employing 70 at UK Blade Factory

MHI Vestas has announced 70 new jobs created in the Solent Region as the company is increasing production staff at its blade production facility on the Isle of Wight. Economic impact of MHI Vestas’ Blade Production facility in the last 12 months has been £135 million of economic output to the UK eco

about 10 years ago
Japan’s Largest Banks Eye More European Offshore Wind Financing
Business & Finance

Japan’s Largest Banks Eye More European Offshore Wind Financing

Negative interest rates in Japan have pushed two of the country’s biggest banks, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group, to adding more project finance loans for, primarily European, renewable energy as infrastructure such as offshore wind farms brings strong yield

about 10 years ago
First Unmanned Offshore Service Vessel Coming in 2018
Operations & Maintenance

First Unmanned Offshore Service Vessel Coming in 2018

UK-based Automated Ships Ltd and Norway’s Kongsberg Maritime have signed a Memorandum of Understanding to build the world’s first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships Ltd will contract ‘Hrönn’, which will be designed and built in Norway in coo

about 10 years ago
Borssele, Danish Nearshore Bids Slash LCOE in H2 2016
Business & Finance

Borssele, Danish Nearshore Bids Slash LCOE in H2 2016

Competitive bidding for projects in Denmark and the Netherlands has driven global levelised costs of electricity (LCOE) from offshore wind down to a benchmark estimate of USD 126 per megawatt-hour in the second half of 2016, down 22% from the first half of 2016, and 28% from the second half of 2015,

about 10 years ago
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