Eurogrid GmbH, the parent company of 50Hertz, has issued its debut green bond in the amount of EUR 750 million, which will finance the Ostwind 1 and 2 grid connections in Germany. The corporate bond with a term of 12 years and an interest rate of 1.113% was issued on the regulated market with the [&
The EU Commission has opened a four-week public consultation on draft rules to establish a new EU financing mechanism to support renewable energy projects. The new mechanism opens a possibility for the member states to collectively benefit from renewables projects funded through tenders using an EU-
Adding offshore wind to Hong Kong’s energy mix is currently hindered by technical and financial issues, according to the latest information from official sources in Hong Kong. Namely, a representative in the Hong Kong Legislative Council, Kenneth Leung, filed a question regarding the government’s of
Danish transmission system operator Energinet has issued a contract notice for the provision of power cable repairs both onshore and offshore. The scope of the framework agreement covers preparedness for supplying repair work (jointing), manpower, standby fee, tools, and spare parts for the repair o
Star of the South Wind Farm has partnered with Curtin University and Deakin University to assist with offshore site investigations for Australia’s first offshore wind project. Curtin University’s Centre for Marine Science and Technology is helping understand marine mammals in the project area, while
Jan De Nul has deployed its offshore jack-up installation vessel Vole au vent to install the wind turbines on the Coastal Virginia Offshore Wind (CVOW) demonstration project offshore Virginia, US. The AIS data shows that Vole au vent is currently en route from the UK to Halifax, Canada. The wind far
Bakker Sliedrecht has upgraded the automation system at the offshore energy substation of the DanTysk offshore wind farm in Germany. Bakker Sliedrecht replaced, among other things, the Ethernet switches in the fiber optic ring for the communication between all systems, the switches, redundant SCADA
Following the recent crane accident on the installation vessel Orion, the crane supplier Liebherr released some details surrounding the accident, including more specific information on its cause and consequences. The crane has been undergoing an overload test, which was planned for a load scenario o
Norfolk & Suffolk Unlimited is looking to export its supply chain expertise to the U.S. offshore wind market. A preliminary online event organized with the City of Virginia Beach saw 20 local businesses meet with operators and developers involved in the 2.6 GW Coastal Virginia Offshore Wind (CVOW) p
The NeuConnect consortium has contracted Primo Marine to assist with the offshore permit application for the 1.4 GW NeuConnect interconnector between Germany and the United Kingdom. The contract’s scope covers work like assistance to the marine permit application, route engineering, burial assessmen
Van Oord is set to start its offshore operations at the French Saint-Brieuc offshore wind farm in 2021 with the installation of pin piles. The Dutch company will use its installation vessel Aeolus, which will in 2022 be assisted by a second vessel to install the jackets foundations. In April, Van Oo
The ongoing COVID-19 pandemic affected Siemens Gamesa’s operations and commercial activity, leaving a EUR 56 million mark on the company’s profitability in its second quarter of the fiscal year 2020 (January–March). Siemens Gamesa adjusted its operations to employ COVID-19 health and safety measures
Vattenfall has introduced several upgrades to the design of the Vesterhav Syd and Vesterhav Nord nearshore wind farms in Denmark to reduce their visual and environmental impact. The two wind farms will, if approved, feature a radar system that will turn the light markings on the turbines at night on
Next Geosolutions has secured a contract by Prysmian Group for marine survey works in support of the route engineering and design of the Viking Link interconnector project. The company’s scope of work includes full geophysical, geotechnical and UXO tasks covering the onshore, nearshore and offshore
