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Business & Finance

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A Siemens Gamesa offshore wind turbine
Business & Finance

Siemens Gamesa Clicks “Refresh” Button on Its Corporate Strategy

At its virtual Capital Markets Day held on 27 August, Siemens Gamesa presented “a refreshed” corporate strategy which revolves around tapping into growth opportunities for its offshore wind and services businesses, and driving a turnaround in the onshore market. With strong growth expected in partic

about 6 years ago
An offshore wind technician on top of a wind turbine
Business & Finance

World Gets 2.5 GW of Offshore Wind in H1 2020

Globally, 2,535 MW of offshore wind was put into operation during the first half of the year, with offshore wind installations reaching 29,839 MW by the end of June 2020, according to World Forum Offshore’s (WFO) H1 2020 Global Offshore Wind Report. The organisation said the figures underline the co

about 6 years ago
An image rendering floating wind turbines that will power an offshore rig
Business & Finance

Odfjell Drilling Acquiring Stake in Norwegian Floating Wind Developer

Odfjell Drilling is investing in Oceanwind AS with an aim to acquire a stake that would ensure a controlling position in the Norway-based floating wind company. According to the Norwegian offshore drilling contractor, the move will support it on a path to zero-emissions drilling through projects tha

about 6 years ago
Old Dominion Uni Gets Grant to Study Offshore Wind Impact on Military
Business & Finance

Old Dominion Uni Gets Grant to Study Offshore Wind Impact on Military

Virginia’s Old Dominion University has won a USD 775,000 grant from the U.S. Department of Defense to study mitigation solutions for offshore wind projects in relation to the military. The grant is expected to help create a wind energy siting solution to mitigate the effects of location decisions on

about 6 years ago
Saipem Plans Italian Offshore Wind Farm
Business & Finance

Saipem Plans Italian Offshore Wind Farm

Saipem has signed a Memorandum of Understanding (MoU) with AGNES and QINT’X to develop a 450 MW offshore wind farm in Italy. The project will comprise approximately 56 turbines on fixed foundations at two different sites, respectively located more than 8 and 12 nautical miles offshore Ravenna in the

about 6 years ago
JERA Reveals Ishikari Bay Offshore Wind Project
Business & Finance

JERA Reveals Ishikari Bay Offshore Wind Project

Japanese utility JERA has submitted the Planning Phase Environmental Impact Statement for an offshore wind project off Ishikari Bay in Japan. The planned offshore wind farm will be located at least 2.5km offshore from Ishikari and Otaru and is expected to include up to 65 turbines with a maximum gen

about 6 years ago
Equinor Takes First Offshore Wind Step in Brazil
Business & Finance

Equinor Takes First Offshore Wind Step in Brazil

Equinor has submitted an application to the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) for an environmental impact assessment needed to further look into the possibility of developing an offshore wind project in Brazil. A spokesperson from Equinor told Offshore WIND t

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

Duke Energy Not so Keen on Offshore Wind?

Duke Energy, a North Carolina-headquartered electric power holding company, does not see offshore wind as having big enough potential until the end of the next decade, according to information from the company’s recent earnings call. Responding to a question asked by a Goldman Sachs analyst Michael

about 6 years ago
Bosch Rexroth and Barge Master Reveal New Autonomous Landing System
Business & Finance

Bosch Rexroth and Barge Master Reveal New Autonomous Landing System

Bosch Rexroth and Barge Master have introduced a new autonomous landing system for motion compensated gangways. The system is said to automatically attach the landing to the required site without the need for manual input through a combination of radar technology, cameras and sensors. Once connected

about 6 years ago
Inspection flight at offshore wind turbine with the helicopter drone AERO-SensorCopter
Business & Finance

Buss Energy Acquires Stake in Austrian Drone Inspection Provider

Buss Energy Group has acquired a 24.9 per cent stake in Aero Enterprise, an Austria-based provider of drone inspections for offshore and onshore wind turbines. The German company said it had already expanded its portfolio last year by purchasing two companies and that adding drone inspection service

about 6 years ago
A photo of wind turbine towers lined up at a manufacturing site
Business & Finance

Taiwan: MHI Vestas Inks Tower Supply Agreement with CS Wind-Chin Fong

MHI Vestas Offshore Wind has signed a purchase agreement to source wind turbine towers from CS Wind-Chin Fong for its offshore wind turbines in Taiwan. The agreement covers complete tower supply for Taiwanese offshore wind projects which will feature MHI Vestas V174 wind turbine platform. These incl

about 6 years ago
Port Rendering - Blades
Business & Finance

Port of Cortlandt Details on Its New York Offshore Wind Bid

The Port of Cortlandt project, developed by a consortium led by AKRF Inc. and pre-qualified for bidding at the State of New York’s latest offshore wind solicitation, has released more details on the plans to utilise a waterfont site in the Town of Cortlandt for offshore wind activities. In July, New

about 6 years ago
GWEC and ECCT representatives
Business & Finance

European Chamber of Commerce Taiwan, GWEC Sign MOU

The Global Wind Energy Council (GWEC) and the European Chamber of Commerce Taiwan (ECCT) have signed a Memorandum of Understanding (MOU) on joint activities to support offshore wind development in Taiwan. The organisations will focus on developing opportunities and areas for cooperation through join

about 6 years ago
Danske Commodities Signs PPA for World’s Largest Offshore Wind Farm
Business & Finance

Danske Commodities Signs PPA for World’s Largest Offshore Wind Farm

Danske Commodities has signed a 15-year power purchase agreement (PPA) for the Dogger Bank offshore wind project in the UK. Under the agreement, Danske Commodities will be responsible for the trading and balancing of 480 MW of the project’s 3.6 GW capacity. “The Dogger Bank PPA is a great addition t

about 6 years ago
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