A new Scottish Offshore Wind Energy Council (SOWEC) report has been launched to help Scottish companies understand and gain a foothold into the burgeoning global offshore wind market. Produced for SOWEC by Scotia Supply Chain, this guide aims to appraise current and prospective Scottish exporters of
The European Investment Bank (EIB) has signed a EUR 500 million loan with Ørsted A/S to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farm off the Dutch coast with a long-term commitment from EIB. “We’re very pleased with the commit
The total pipeline of offshore wind projects around the world now stands at 413 GW, new research by RenewableUK’s Project Intelligence team has shown. The pipeline includes projects which are fully operational, under construction, consented or being planned. The UK has a total pipeline of 63.2 GW of
SSE Renewables has signed an agreement with Japan’s Pacifico Energy to create a joint ownership company that will pursue offshore wind energy development projects in Japan. The creation of the joint ownership company involves the acquisition by SSE Renewables of an 80 per cent interest in an offshor
Renewable energy platform Ripple has joined the NextGen consortium which is pursuing seabed development rights within the Crown Estate Scotland ScotWind leasing round. The partnership will help bring community ownership to the offshore wind sector for the first time in the UK, the consortium said. T
JDR Cable Systems is planning to open a new GBP 130 million subsea cable manufacturing facility in Cambois, near Blyth, Northumberland, the UK. The project is subject to final agreements, with the construction of the 69,000 square metre facility expected to begin next year and opening in 2024. When
Havfram is expected to place an order for a new wind turbine installation vessel (WTIV) in the next quarter of this year, the company revealed on 27 September as it announced a target of having a majority of its income coming from the renewable energy sector by the middle of this decade. The semi-su
The Port of Esbjerg in Denmark has been given the green light for a major expansion, which will see the port building more than 500,000 square metres of additional area to accommodate offshore wind activities. The port, which said it had been involved in more than half of all the offshore wind farms
Massachusetts’s Baker-Polio Administration plans to invest USD 100 million from federal COVID relief funding in critical port infrastructure to support offshore wind development. “To ensure we maximize the economic potential of this industry and build on assets like the New Bedford Marine Commerce T
Following the news that Shell had launched Shell Energy in Brazil, saying that the business would produce and market clean electricity from solar and wind power plants, OffshoreWIND.biz contacted the company to find out if offshore wind was part of its wind power plans in the country, given its grow
Accelerating the development of robotics and autonomous systems (RAS) will be a significant enabler to reaching net-zero targets, according to new research from the Offshore Renewable Energy (ORE) Catapult, which estimates that the global robotics market in the wind energy industry, both offshore an
The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding B.V. for the financing of the 40-kilometre high voltage electricity transmission corridor in the north of the Netherlands. According to EIB, the new electricity transmission corridor from Eemshaven to
PKN Orlen and Northland Power, the owners of the Baltic Power offshore wind project in Poland, have appointed a consortium comprising Polish company Pekao Investment Banking and the international financial advisory firm Green Giraffe as a financial advisor for their 1.2 GW offshore wind farm. The tw
Offshore Renewable Energy (ORE) Catapult and HonuWorx are set to demonstrate a concept for a submersible mothership to be used at offshore wind farms. The project, funded by Innovate UK, will develop Ridley, a submersible platform that can transport large robots and remotely operated vehicles (ROVs)
