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Business & Finance

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Thor Wind Turbine
Business & Finance

Maersk Supply Service, Stiesdal to Offer Combined Solutions to Floating Wind Developers

Maersk Supply Service and Stiesdal Offshore have entered into a strategic partnership to combine their expertise and offer integrated engineering, procurement, construction and installation (EPCI) solutions for foundations and moorings to floating offshore wind project developers. The new partnershi

about 4 years ago
Western Australia Offshore Wind Project Set in Motion
Business & Finance

BlueFloat, Energy Estate to Increase Greater Gippsland Capacity to 2.1 GW

Spain-based BlueFloat Energy and Energy Estate have expanded the proposed capacity of the Greater Gippsland wind project offshore Australia from 1,275 MW to 2,085 MW. Initially, the two companies planned to develop a 1.3 GW bottom-fixed offshore wind project located off the coast of the Gippsland re

about 4 years ago
China Dominates Offshore Wind Rankings, Global Operating Capacity at 55 GW – WFO
Business & Finance

China Dominates Offshore Wind Rankings, Global Operating Capacity at 55 GW – WFO

6,759 MW of offshore wind capacity went into operation during the first six months of 2022 compared to 1,627 MW during the same period a year earlier, World Forum Offshore Wind (WFO) said in its Global Offshore Wind Report HY1 2022. This growth was mainly driven by China which installed 5.1 GW of ne

about 4 years ago
Photo from Borkum Riffgrund 2 which came into operation in 2018.
Business & Finance

Ørsted Issues Green Bonds, Secures Nearly EUR 2 Billion

Ørsted has issued green bonds of nearly EUR 2 billion after securing investor commitment for nominal EUR 900 million and GBP 950 million (about EUR 1.1 billion) to finance its global build-out of renewable energy and its green growth ambition of reaching approximately 50 GW of installed capacity by

about 4 years ago
Thor Wind Turbine
Business & Finance

Offshore Wind Demand Brings Rotech to Taiwan

Aberdeen-based Rotech Subsea has set up an entity in Taiwan to service the demand coming from the local offshore wind sector. According to Rotech, the move comes as it had completed a series of cable trenching and seabed leveling campaigns in Taiwan’s offshore wind sector and secured new contracts.

about 4 years ago
Thor Wind Turbine
Business & Finance

SK Ecoplant Joins Corio and TotalEnergies on South Korean Offshore Wind Projects

Corio Generation and TotalEnergies have joined forces with SK Ecoplant to develop the 2 GW BadaEnergy offshore wind portfolio in South Korea. SK Ecoplant, which will join the partners in taking the projects from early planning through licensing and construction to operation, will also acquire a stak

about 4 years ago
Hexicon Adds London Marine Consultants to Floating Offshore Wind Team in UK
Business & Finance

Hexicon Adds London Marine Consultants to Floating Offshore Wind Team in UK

London Marine Consultants (LMC) has been selected as Principal Designer for Hexicon’s 32 MW TwinHub floating wind project in the UK upon receiving the Front End Engineering Design (FEED) contract for the project. LMC specializes in marine engineering design and provision of mooring systems and has e

about 4 years ago
Seiche on Marine Mammal Safety Mission at Hornsea Two
Business & Finance

Ofgem Selects Hornsea Two OFTO Preferred Bidder

Ofgem has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the Hornsea Two offshore wind farm in the UK. The company now has to resolve certain matters before being granted the Offshore Transmission Owner (OFTO) license for the 1.3 GW project. Diamond T

about 4 years ago
Iberdrola Submits Three Offshore Wind Applications in Brazil, Enters State Green Hydrogen Agreements
Business & Finance

Iberdrola Submits Three Offshore Wind Applications in Brazil, Enters State Green Hydrogen Agreements

Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has applied for environmental investigation licences for offshore wind projects in three of the country’s states, and has also entered into an agreement on offshore wind and green hydrogen development with one of the states. The com

about 4 years ago
A photo of a wind turbine during commissioning at Seagreen offshore wind farm
Business & Finance

TotalEnergies, BP Join Offshore Wind Organisations

TotalEnergies and BP have decided to partner with several organisations to support their activities in the offshore wind market. To support its offshore wind development ambitions in the Netherlands, such as its participation in the latest tender for the Hollandse Kust West VI and VII offshore wind

about 4 years ago
Thor Wind Turbine
Business & Finance

USV Survey Starting at Proposed 1 GW Offshore Wind Project in Ireland

An unmanned surface vessel (USV) survey is set to begin this month at the Braymore Wind Park site located offshore Ireland. Trial operations of remotely piloted XOcean USVs will take place in the Balbriggan and Drogheda Bay area during September and October for approximately six weeks, subject to we

about 4 years ago
A photo of the Beatrice offshore wind farm in Scotland
Business & Finance

SSE’s New Offshore Wind Farm Could Pour Billions into Scottish Economy

The development of the Berwick Bank offshore wind farm in Scotland could deliver as much as GBP 4.1 billion to the country’s economy over the lifetime of the project while cutting millions of tonnes of carbon dioxide emissions every year, according to a new report. Located 40 kilometres off the coas

about 4 years ago
Fugro to Work on First Mediterranean Floating Offshore Wind Project
Business & Finance

Fugro to Work on First Mediterranean Floating Offshore Wind Project

Fugro has won a contract with Renexia to carry out surveys at the 2.8 GW Med Wind project, the first floating offshore wind project in the Mediterranean. Fugro will perform marine geophysical and environmental surveys to acquire comprehensive geo-data at the proposed wind farm location in water dept

about 4 years ago
Partnership Forms to Turn Bornholm into Global Hub for Green Technologies
Business & Finance

Partnership Forms to Turn Bornholm into Global Hub for Green Technologies

Several private, state and municipal organisations have formed a partnership, called Baltic Energy Island, on Bornholm with the goal of creating a global hub for green energy innovation, testing, and business development. The partnership includes the leading offshore wind developer Ørsted, wind turb

about 4 years ago
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