SSE plc is planning to invest more than GBP 7 billion over the next five years in major low-carbon construction projects to support the net-zero target and spur a green economic recovery. The plan will see SSE invest almost GBP 4 million every day for the next five years on projects, including the G
Investment and asset management services provider, Commerz Real Capital Management Company, has placed its Institutional Infrastructure Offshore Fund, with more than EUR 200 million acquired from institutional investors. A number of institutional investors are now participating in the Veja Mate
By Jakub Vastmans, Senior Manager Service Product Management at NKT In case of a submarine cable fault, many components necessary for a repair can be obtained from external contractors (e.g. fault-finding equipment, jointer team, cable vessel). The cable operator can further reduce the associated ri
Jiangsu Zhenjiang Shipyard has launched the second of the two specialized deck carriers ordered by United Wind Logistics (UWL) and chartered out to MHI Vestas. The 10,000 DWT full electric propulsion deck carrier, MV BraveWind, was launched in Zhenjiang, China, on Monday, 15 June. MV BraveWind’s sis
Construction of the onshore substations and transmission system for the Greater Changhua 1 & 2a offshore wind project in Taiwan is moving full speed ahead, according to Ørsted. Ørsted stated it is working with Star Energy Corporation (SEC), a subsidiary of EPC contractor Taiwan Cogeneration Corporat
The North Carolina Department of Commerce has launched a comprehensive project to assess the state’s supply chain and physical infrastructure best positioned to promote local offshore wind development. The supply chain and infrastructure assessment will identify strengths and opportunities to prepar
U.S. companies MiNO Marine and 2nd Wind Marine are planning to start building two offshore wind construction support vessels in early 2021. They recently engaged U.S. shipyards, which are now evaluating the vessel design and preparing estimations on construction costs and building timeline. The Jone
Royal IHC and MARIN have completed dynamic positioning (DP) assessment tests for an autonomous Service Operation Vessel (SOV) at MARIN’s basins in Wageningen, the Netherlands. The autonomous software will allow for the vessel, SOV T60-18, to carry out operations while under the supervision of the du
EEW Group is producing the steel pipe components for the 47 jacket foundations to be installed on the Formosa 2 wind farm offshore Taiwan. The production of the steel pipes for the jackets started in January at EEW Korea, EEW KHPC, and EEW Malaysia and is expected to be completed in October 2020. Wi
The UK National Grid has secured a green loan worth USD 743 million to finance the Viking Link interconnector project. This the first ever multi-credit export agency (ECA) covered green loan and follows the launch of the National Grid’s first green bond earlier this year, which raised EUR 500 millio
The second offshore substation platform (OSP) has been installed at the 857 MW Triton Knoll wind farm offshore Lincolnshire, the UK. The installation of OSP East, the last of the project’s two OSPs, was carried out by Seaway Strashnov overnight on Monday 15 June. “This is an important step in ensuri
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), Business Network for Offshore Wind and DNV GL will jointly develop a U.S. offshore wind supply chain database that will support the development of 20 GW of offshore wind power by 2035. The project is funded by the National
BOA’s offshore construction vessel (OCV) BOA Sub C has secured a contract with DEME Offshore for work on the Moray East offshore wind project in Scotland. Under the contract, which began on 15 June, the vessel’s scope of work includes accommodation, walk-to-work with Ampelmann gangway system, grouti
Trianel Windkraftwerk Borkum has issued a contract notice for insurance policy services covering the 200 MW Trianel Windpark Borkum I offshore wind farm in the German North Sea. The contract covers combined property damage and business interruption all risks insurance for the operational phase of th
