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Business & Finance

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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
WIND Opens New Cable Warehouse
Business & Finance

WIND Opens New Cable Warehouse

Dutch cable logistics company WIND has opened a new European warehouse and operational office. WIND opened the new warehouse and office last week at its cable storage yard in Velsen Noord, the Netherlands. The new warehouse will be used to store accessories and equipment for the repair of inter-arra

about 5 years ago
A crew transfer vessel at an offshore wind turbine
Business & Finance

RWE Renewables Orders Machine Learning Tool for Turbine Access

RWE Renewables has placed an order with a UK company Cognitive.Business for a machine learning tool that will improve vessel-to-turbine transfers at operational offshore wind farms. The tool, called WAVES (Wind Accessibility Verification for Enhanced Safety), enables highly accurate, localised asses

about 5 years ago
Ofgem-Picks-New-Renewable-Energy-Site-Auditor
Business & Finance

Ofgem Picks New Renewable Energy Site Auditor

Black & Veatch has secured a contract to deliver Ofgem’s new statistical audit programme of randomly selected accredited renewable energy generating stations. As part of the Renewable Obligation Statistical Audit Programme, Black & Veatch will audit offshore and onshore wind, solar, marine, biomass,

about 5 years ago
The Veja Mate offshore wind farm
Business & Finance

European Companies Team Up to Provide MWS Services for US Offshore Wind

UK-headquartered Charles Taylor Marine Technical Services and Denmark-based Survey Association have formed a strategic alliance to provide Marine Warranty Surveyor (MWS) services to the U.S. offshore wind sector. The new alliance highlighted its in-depth marine operations experience brought in by bo

about 5 years ago
Vattenfall and Synthos Set Sights on Baltic Sea Offshore Wind Projects
Business & Finance

Vattenfall and Synthos Set Sights on Baltic Sea Offshore Wind Projects

Vattenfall and the Polish chemical manufacturing company Synthos have signed a Memorandum of Understanding to explore opportunities for co-operation within the offshore wind industry in Poland and the Baltic states. The MoU comes just days after the Baltic bordering countries signed a declaration to

about 5 years ago
The EOWDC offshore wind turbines photographed from Balmedie Beach
Business & Finance

EOWDC to Bring Aberdeenshire EUR 5.5 Million Each Year for Two Decades

European Offshore Wind Deployment Centre (EOWDC), also known as Aberdeen Offshore Wind Farm and “famous” for being the offshore wind project the current U.S. President Donald Trump fought against, is estimated to bring the Aberdeenshire area more than GBP 100 million (around EUR 110 million) over it

about 5 years ago
An offshore energy vessel
Business & Finance

German Shipbroker Becomes Ship Finance Boutique for Offshore Renewables

Hamburg-based Waterworks Offshore Services has reshuffled its business to exclusively serve the offshore renewable sector and to switch from a ship brokerage shop to a ship finance institution. “Traditionally coming from Chartering and S&P in the offshore markets, Waterworks today becomes the first

about 6 years ago
A photo of an offshore wind farm in sunset
Business & Finance

Australia Earmarks EUR 2.9 Million for Offshore Renewables Regulatory Framework

Australian government has dedicated AUD 4.8 million (around EUR 2.9 million) from its 2020-2021 Federal Budget to the development of a regulatory framework related to offshore renewables. According to the budget document, the funds will “support the development of a regulatory framework for offshore

about 6 years ago
Chemical Major to Run on Offshore Wind in Belgium
Business & Finance

Chemical Major to Run on Offshore Wind in Belgium

International chemical company Borealis has signed a long-term power purchase agreement (PPA) with Eneco to source renewable electricity from the Mermaid offshore wind farm in the Belgian North Sea. The agreement entails the purchase and supply of over 1,000 gigawatt-hours (GWh) of wind power over t

about 6 years ago
A wind turbine technician climbing the yellow foundation of an offshore wind turbine
Business & Finance

CWind Taiwan Nets BOP Contract for Formosa 1

CWind Taiwan has been awarded a balance of plant (BOP) contract for the Formosa 1 offshore wind farm. The company is providing inspection and maintenance services to the 22 turbines at Formosa 1 Phase 1 and Formosa 1 Phase 2 sites, including internal and external inspections and painting. Under the

about 6 years ago
Crane for Next-Gen Turbines Coming to Market
Business & Finance

Crane for Next-Gen Offshore Wind Turbines Coming to Market

The Netherlands-based Tetrahedron has developed a new crane for next-generation offshore wind turbines, said to be designed to fit on both existing and new jack-up vessels. Tetrahedron said that based on a different motion principle and a structural load transfer, the crane lifts higher than alterna

about 6 years ago
WEM Orders CTV Couple from Strategic Marine
Business & Finance

WEM Orders CTV Couple from Strategic Marine

The UK-based WEM Marine has ordered two new crew transfer vessels (CTVs) from Singapore’s shipbuilder Strategic Marine. The 27m CTVs will be powered by two Caterpillar C32 engines driving fixed pitch propellers and will be able to accommodate 24 technicians and three crew members. The vessels will b

about 6 years ago
An image showing the North Sea Wind Power Hub linking North Sea countries
Business & Finance

North Sea Wind Power Hub Looking for Market Engagement Support

Energinet has issued a call for tenders for offshore market engagement support services for the North Sea Wind Power Hub (NSWPH) project. The consortium behind the NSWPH project is looking to engage with commercial and regulatory experts from leading offshore wind developers highlighting key regulat

about 6 years ago
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