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Business & Finance

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Thor Wind Turbine
Business & Finance

Samsung Heavy Industries, DNV GL to Develop New Floating Wind Platforms

Samsung Heavy Industries (SHI) and DNV GL have entered into an agreement to jointly develop floating wind technology, including floating foundations and remote maintenance solutions. According to a press release from 26 October, the South Korean company decided to venture into designing and manufact

about 5 years ago
Thor Wind Turbine
Business & Finance

Offshore Wind in UK – Roadmap Required

The following article is a guest post by Maren Strandevold, an energy lawyer and an associate at the international commercial law firm Haynes and Boone. In response to the recent offshore wind announcement by the UK’s Prime Minister, Maren Strandevold discusses the need for adequate funding allocate

about 5 years ago
Thor Wind Turbine
Business & Finance

MingYang Plotting Offshore Wind Pilot in Brazil

China’s MingYang Smart Energy has signed a Memorandum of Understanding (MoU) with Pecém Industrial Complex (CIPP) to develop a pilot offshore wind project in Brazil. The parties announced they are starting the pre-feasibility studies for the pilot wind farm that will be located off the coast of Pecé

about 5 years ago
Thor Wind Turbine
Business & Finance

RES, Rix Renewables Enter Offshore Wind Strategic Alliance

RES and Rix Renewables have signed a strategic alliance agreement under which the two companies will jointly offer services to offshore wind industry in the UK and Ireland. RES said it partnered with RIX Renewables primarily to help deliver operation and maintenance services for the offshore wind as

about 5 years ago
Vineyard-Wind-Reveals-New-York-Bid-Details
Business & Finance

Vineyard Wind Reveals New York Bid Details

Vineyard Wind has submitted bids to develop its Liberty Wind offshore wind project in New York in response to the state’s second offshore wind solicitation. Iberdrola, parent company of Avangrid Renewables which is the 50% owner of Vineyard Wind, announced its participation in New York’s second offs

about 5 years ago
New CEO Takes Helm at Ørsted Offshore North America
Business & Finance

New CEO Takes Helm at Ørsted Offshore North America

Ørsted has appointed David Hardy as its new chief executive officer for Ørsted Offshore North America. Hardy will immediately replace Thomas Brostrøm, stepping into this position after serving as the company’s president and COO. As CEO, Hardy will oversee all North American offshore wind activities,

about 5 years ago
North of Tyne Makes GBP 3.5 Million Available to Offshore Wind Innovators
Business & Finance

North of Tyne Makes GBP 3.5 Million Available to Offshore Wind Innovators

The North of Tyne Combined Authority (NTCA) and the Offshore Renewable Energy (ORE) Catapult have launched a new GBP 3.5 million programme for innovations in the offshore wind and subsea sectors. The Technology, Innovation and Green Growth for Offshore Renewables (TIGGOR) programme is targeting supp

about 5 years ago
Pacific Orca at sea installing foundations
Business & Finance

Pacific Orca Officially Ready for Hornsea Two OWF

Cadeler, formerly known as Swire Blue Ocean, is ready to send its Pacific Orca vessel in early 2021 to support foundation installation at the Hornsea Two offshore wind farm in the UK. The company has been subcontracted by DEME to deliver a vessel which will support the installation of the wind farm’

about 5 years ago
An offshore wind farm with a wind turbine shadow on the water surface
Business & Finance

Ørsted and Eversource File Bid for Sunrise Wind 2 OWF in New York

Ørsted and Eversource have placed a joint bid for a new offshore wind project in New York, named Sunrise Wind 2, in the state’s second offshore wind solicitation. The developers filed multiple proposals for the project with the New York State Energy Research and Development Authority (NYSERDA) on 20

about 5 years ago
Global Wind Service Settles in Taiwan
Business & Finance

Global Wind Service Settles in Taiwan

Global Wind Service (GWS) has established a branch in Taipei, Taiwan, to support the local offshore wind market. GWS said that having a separate branch in Taiwan is part of its growth strategy and an important step to support its partners in the growing Taiwanese offshore market. Represented by Regi

about 5 years ago
Van Oord Takes Stake in Estonian Offshore Wind Developer
Business & Finance

Van Oord Takes Stake in Estonian Offshore Wind Developer

Van Oord has acquired a stake in the Estonian offshore wind developer Saare Wind Energy. Saare Wind Energy is developing the Saaremaa offshore wind farm at an area covering up to 200 square kilometres south-west of the Estonian island Saaremaa. The area could facilitate an offshore wind farm of over

about 5 years ago
SSE Holding Consultations for Arklow Bank 2
Business & Finance

SSE Holding Consultations for Arklow Bank 2

SSE Renewables is holding public consultations in the South Wicklow and North Wexford areas in Ireland for the Arklow Bank Phase 2 offshore wind project. During the consultations held from 14 October to 11 November, the public will be able to provide feedback on the offshore infrastructure and onsho

about 5 years ago
Polish Utility Lays Out 6.5 GW Offshore Wind Target
Business & Finance

Polish Utility Sets 6.5 GW Offshore Wind Target

Polish energy company PGE plans to develop 6.5 GW of offshore wind capacity in the Baltic Sea as part of the strategy to become climate neutral by 2050. As part of its transformation plan, PGE intends to build two offshore wind farms with a combined capacity of 2.5 GW by 2030. The utility said that

about 5 years ago
Swancor and MIRDC representatives shaking hands after signing the floating wind MOU
Business & Finance

Swancor Renewable Energy Signs Floating Wind MOU in Taiwan

Swancor Renewable Energy and Taiwan’s Metal Industries Research & Development Centre (MIRDC) have signed a Memorandum of Understanding (MOU) on floating offshore wind. Under the MOU, the two parties will cooperate on advancing the deployment of floating wind technology in Taiwanese waters and suppor

about 5 years ago
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