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Business & Finance

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Jan De Nul Lays Keel for Mega Jack-Up
Business & Finance

Jan De Nul Lays Keel for Mega Jack-Up

Jan De Nul has laid the keel for its jack-up vessel Voltaire at the Cosco Shipping Shipyard in Nantong, China. Jan De Nul started the construction of Voltaire in May last year with a steel cutting ceremony at the Cosco shipyard. The jack-up will be able to transport, lift and install the next-genera

about 5 years ago
PKN Orlen and Northland Power Finalize Polish Offshore Wind Deal
Business & Finance

PKN Orlen and Northland Power Finalize Polish Offshore Wind Deal

Northland Power and PKN Orlen have finalized their strategic partnership under which Northland Power is acquiring a 49% stake in the 1.2 GW Baltic Power offshore wind project in Poland. After fulfillment of the conditions precedent, including merger clearance, stipulated in the joint venture agreeme

about 5 years ago
Eni Commits to Oil & Gas to Renewables Workforce Transition
Business & Finance

Eni Commits to Oil & Gas to Renewables Workforce Transition

Eni and the University of Strathclyde have signed a Memorandum of Understanding (MoU) to develop a program to help the workforce from the oil & gas sector in Scotland transfer their skills to renewable energy technologies. Eni with Eni Corporate University and the Strathclyde University will work to

about 5 years ago
A technician on top of an offshore wind turbine
Business & Finance

Almost 70,000 People Will Be Working in UK Offshore Wind Sector by 2026

The number of people working in the rapidly expanding offshore wind industry in the UK is projected to increase to 69,848 by 2026, with the private sector expected to invest GBP 60.8 billion (approx. EUR 70.5 billion) in developing, constructing and operating offshore wind farms over the next five y

about 5 years ago
Equinor's Hywind Scotland floating wind farm
Business & Finance

ScotWind Leasing Back on Track with Option Fee Bar Set Higher

Crown Estate Scotland has completed the review of the option structure for the ScotWind offshore wind leasing round, raising the maximum fee that might be paid per square kilometre of seabed from the previous GBP 10,000 (around EUR 12,000) to GBP 100,000 (around EUR 116,000). The Scottish seabed man

about 5 years ago
Siemens Gamesa 14 MW Turbine
Business & Finance

RWE Greenlights GBP 3 Billion Sofia Offshore Wind Farm

RWE has taken the financial investment decision on the 1.4 GW Sofia offshore wind farm project in the UK. The 100 per cent RWE-owned project represents a total investment of approximately GBP 3 billion (EUR 3.48 billion). The company is now poised to forge ahead with the construction of Sofia, with

about 5 years ago
Damen and MO4 Pair Up for Offshore Wind Vessel Digitizalization
Business & Finance

Damen and MO4 Pair Up for Offshore Wind Vessel Digitalization

Damen Shipyards Group has partnered with MO4 to pair its Triton monitoring platform with MO4 motion forecasting service for the offshore wind sector. This strategic alliance aims to offer data analytics-based services, expected to make vessel operations more effective and safety levels to increase.

about 5 years ago
UK Plans Phase 2 of Offshore Wind Farm Radar Risk Mitigation Competition
Business & Finance

UK Plans Phase 2 of Offshore Wind Farm Radar Risk Mitigation Competition

The UK’s Defence and Security Accelerator (DASA) is set to launch the second phase of its competition for technologies that mitigate radar risk of offshore wind farms. The Windfarm Mitigation for UK Air Defence competition seeks proposals that can develop technologies to permit the coexistence of fu

about 5 years ago
EIB Bankrolls Second French Offshore Wind Project
Business & Finance

EIB Bankrolls Second French Offshore Wind Project

The European Investment Bank (EIB) has approved a EUR 350 million loan for the construction of the 450 MW Calvados offshore wind farm in France. The EUR 2 billion project, also known as Courseulles-sur-Mer, is being developed by the Eoliennes Offshore du Calvados (EODC) consortium of EDF Renewables,

about 5 years ago
Robin Rigg offshore wind farm in the UK
Business & Finance

Offshore Wind in Asia: Following in Europe’s Footsteps?

The following article is a guest post by Peter Thompson, East Asia Energy Leader at Arup, a global engineering and consultancy company. The article discusses the growing offshore wind sector in Asia, applying and refining lessons learned from Europe, as well as the region’s potential in floating win

about 5 years ago
NOF Launches Offshore Wind Database
Business & Finance

NOF Launches Offshore Wind Database

NOF has launched an offshore wind projects database for the UK supply chain to easier reach opportunities in the sector. The NOF Offshore Wind Projects Database provides access to critical project data, an insight into the industry’s key players, forecasts of market development and supply chain spen

about 5 years ago
Albany County Executive Daniel P. McCoy
Business & Finance

New York’s Albany County Eyes Offshore Wind Opportunities

In a State of the County Address this month, Albany County Executive Daniel P. McCoy revealed the intentions for the county to become the manufacturing hub of Upstate New York for the state’s offshore wind programme. The plan for tapping into the offshore wind opportunities is part of the Albany Cou

about 5 years ago
US Federal Agencies Team Up for Offshore Wind
Business & Finance

Offshore Wind Could Meet Nearly All of US 2050 Electricity Demand – Report

Offshore wind has the potential to deliver 90 per cent of America’s projected 2050 electricity demand, according to a report released by Environment America Research & Policy Center and Frontier Group. The report, Offshore Wind for America, examined the Atlantic, Pacific, Gulf, and Great Lakes regio

about 5 years ago
Amprion Hands In Papers for German Offshore Grid Links
Business & Finance

Amprion Hands In Papers for German Offshore Grid Links

Amprion Offshore has submitted the documents for the public planning procedure for the Exclusive Economic Zone section of the DolWin4 and BorWin4 offshore grid connection systems in Germany. The application documents contain a pre-design of the planned platforms and take into account the installatio

about 5 years ago
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