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Business & Finance

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Jan De Nul’s jack-up vessel Taillevent installing the first turbine at Taiwan Power Company’s Changhua Phase 1 offshore wind projec
Business & Finance

Teras Offshore Broadens Its Work Scope for Taipower Phase II OWF

Teras Offshore, which was awarded a wind turbine installation contract for the Taipower Offshore Wind Project Phase II in December, will also work on the procurement and installation of wind farm’s other components. The company, a wholly owned subsidiary of Ezion Holdings, will provide project manag

about 5 years ago
Ireland to Get 1.4 GW Floating Wind Farm, Green Hub
Business & Finance

Ireland to Get 1.4 GW Floating Wind Farm, Green Hub

Irish energy company ESB and Equinor will jointly develop a 1.4 GW Moneypoint floating offshore wind farm off the West Coast of Ireland. The Moneypoint wind farm will be developed off the coast of Counties Clare and Kerry in two phases. Once complete, the wind farm will be capable of powering more t

about 5 years ago
South Koreans Developing New Floating Wind Tech
Business & Finance

South Koreans Developing New Floating Wind Tech

South Korea’s SK Engineering & Construction and POSCO have signed a Memorandum of Understanding (MoU) to develop a new floating offshore wind foundation. The companies will work together on the basic design for the foundation, water tank testing, production of the prototype, as well as demonstration

about 5 years ago
HSBC Backs Local Content at Changfang and Xidao
Business & Finance

HSBC Backs Local Content at Changfang and Xidao

HSBC Bank (Taiwan) has approved two green guarantees to support the Taiwanese Century Iron & Steel Industrial and Hung Hua Construction on the supply of equipment and services for the Changfang and Xidao offshore wind project. The bank guarantee issued for Century Iron & Steel Industrial and its sub

about 5 years ago
Ørsted's UK Pioneer to Deliver Solely to OVO Energy
Business & Finance

Ørsted’s UK Pioneer to Deliver Solely to OVO Energy

UK’s independent energy supplier OVO Energy has entered into a power purchase agreement (PPA) with Ørsted to buy the output from the Barrow offshore wind farm. OVO Energy will purchase 100% of the power from the 90 MW Barrow wind farm which has been operational since 2006. By the end of the year, th

about 5 years ago
Pondera Cracks Estonian Offshore Wind Market
Business & Finance

Pondera Cracks Estonian Offshore Wind Market

Pondera is assisting Saare Wind Energy with the environmental impact assessment (EIA) and the required research for the Saaremaa offshore wind project in Estonia. The Saaremaa wind farm will comprise a maximum of 100 turbines at an area covering up to 200 km2 south-west of the Estonian island Saarem

about 5 years ago
Norwegian Oil Fund Partners with Ørsted on Borssele 1&2
Business & Finance

Norwegian Oil Fund Partners with Ørsted on Borssele 1&2

Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to divest a 50% ownership share in its Borssele 1 & 2 offshore wind farm in the Netherlands. As part of the deal, Ørsted will continue to provide long-term operations and maintenance services from its O&M base at the Port o

about 5 years ago
Application Window Opens for New UK Floating Wind Funding Scheme
Business & Finance

Application Window Opens for New UK Floating Wind Funding Scheme

The UK Government has launched the application window for the Floating Offshore Wind (FOW) Demonstration Programme and set the deadline for submitting interest by noon 18 June. The government issued its call at the beginning of March for what is a new funding scheme to support the development of tec

about 5 years ago
Zero-Emission Wind Turbine Installation Solution Gets Financial Push
Business & Finance

Zero-Emission Wind Turbine Installation Solution Gets Financial Push

Nekkar has secured a NOK 21 million grant from Innovation Norway to progress with the development of SkyWalker, its disruptive wind turbine installation solution. SkyWalker uses active heave compensation derived from offshore lifting systems combined with digital solutions that allow for remote-cont

about 5 years ago
Deutsche Bahn Buys More Offshore Wind Power from RWE
Business & Finance

Deutsche Bahn Buys More Offshore Wind Power from RWE

Deutsche Bahn (German Rail) and RWE have signed another long-term power purchase agreement for electricity generated at the Amrumbank West offshore wind farm. Under the new PPA, RWE will deliver 190 GWh of electricity generated at the 288 MW wind farm every year from 2025 onward. Back in November 20

about 5 years ago
Ocean Winds Sets Sights on Ireland
Business & Finance

Offshore Wind Developer Establishes Foothold in Ireland

Ocean Winds (OW) is evaluating the expansion of its global offshore wind portfolio to include Ireland. The offshore wind developer has established Cailleach Offshore Wind Farm Ltd, a project delivery company which has submitted a Foreshore Application Licence Application to undertake site investigat

about 5 years ago
Japanese to Fast-Track Kashima Port Offshore Wind Project
Business & Finance

Japanese to Fast-Track Kashima Port Offshore Wind Project

Wind Power Energy is planning to accelerate the development of the Kashima offshore wind project in Japan. The project is planned to commence construction in 2024 at its 680 ha site in Kashima Port in the Ibaraki Prefecture. The joint venture of Wind Power Group, Tokyo Gas, and Vena Energy is develo

about 5 years ago
A photo of the Beatrice offshore wind farm in Scotland
Business & Finance

Massive Wind Farm Projects Offshore Scotland to Present Supply Chain Opportunities

Scottish offshore wind developer SSE Renewables is holding an online event to meet businesses and highlight future supply chain opportunities for two offshore wind projects with a combined capacity of over 4 GW. The supply chain events will give businesses of all sizes, across a range of disciplines

about 5 years ago
US R&D Consortium Awards $8 Million for Offshore Wind Innovations
Business & Finance

US R&D Consortium Awards $8 Million for Offshore Wind Innovations

The U.S. National Offshore Wind Research and Development Consortium has selected 15 projects to receive USD 8 million for support structure and electrical system innovation, supply chain development, and solutions for impacts on wildlife and radar. Amongst the four projects chosen for innovative sup

about 5 years ago
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