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Business & Finance

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Hexicon Adds London Marine Consultants to Floating Offshore Wind Team in UK
Business & Finance

Hexicon Adds London Marine Consultants to Floating Offshore Wind Team in UK

London Marine Consultants (LMC) has been selected as Principal Designer for Hexicon’s 32 MW TwinHub floating wind project in the UK upon receiving the Front End Engineering Design (FEED) contract for the project. LMC specializes in marine engineering design and provision of mooring systems and has e

about 4 years ago
Seiche on Marine Mammal Safety Mission at Hornsea Two
Business & Finance

Ofgem Selects Hornsea Two OFTO Preferred Bidder

Ofgem has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the Hornsea Two offshore wind farm in the UK. The company now has to resolve certain matters before being granted the Offshore Transmission Owner (OFTO) license for the 1.3 GW project. Diamond T

about 4 years ago
A photo of a wind turbine during commissioning at Seagreen offshore wind farm
Business & Finance

TotalEnergies, BP Join Offshore Wind Organisations

TotalEnergies and BP have decided to partner with several organisations to support their activities in the offshore wind market. To support its offshore wind development ambitions in the Netherlands, such as its participation in the latest tender for the Hollandse Kust West VI and VII offshore wind

about 4 years ago
Greencoat Completes Transaction to Acquire 12.5 Pct of Hornsea One
Business & Finance

Greencoat Completes Transaction to Acquire 12.5 Pct of Hornsea One

Greencoat UK Wind has completed its acquisition of a net 12.5 per cent stake in the Hornsea One offshore wind farm in the UK, currently the world’s largest offshore wind farm in operation. Greencoat announced the signing of an agreement to acquire the stake on 16 May 2022 and said the buy-in will be

about 4 years ago
Thor Wind Turbine
Business & Finance

Ørsted Reaches Recognition Agreement with Energy Trade Union

Ørsted and trade union Prospect have reached a landmark recognition agreement that will cover all employees involved in the operation and maintenance (O&M) of Ørsted’s twelve operational offshore wind farms in the UK. The agreement will see Prospect recognised as the sole negotiating body for the te

about 4 years ago
Source Energie Plans Another Gigawatt-Scale Floating Wind-to-Hydrogen Project in UK
Business & Finance

Source Energie Plans Another Gigawatt-Scale Floating Wind-to-Hydrogen Project in UK

Source Energie has unveiled plans for a second gigawatt-scale floating wind project in the Celtic Sea that would produce large-scale low-carbon green hydrogen offshore and transport the gas back to shore via a dedicated pipeline. This move comes after the company announced that it joined forces with

about 4 years ago
An aerial photo of a wind turbine at Hornsea Two
Business & Finance

World Days Away from Getting New Biggest Offshore Wind Farm

All wind turbines have been fully commissioned and are commercially operational at the 1.3 GW Hornsea Two in the UK which will soon become the world’s biggest single operational offshore wind farm. The project’s owner and developer, Ørsted, expects the wind farm to be fully commissioned later this m

about 4 years ago
Outer Dowsing Corio Generation offshore wind
Business & Finance

ODE Wins Work on UK’s 1.5 GW Offshore Wind Project

Outer Dowsing Offshore Wind, a joint venture of TotalEnergies and Corio Generation, has selected Offshore Design Engineering Ltd. (ODE) to deliver Owner’s Engineer support to the pre-front-end engineering design (FEED) stage for its 1.5 GW Outer Dowsing offshore wind project in the UK. As Owner’s En

about 4 years ago
Thor Wind Turbine
Business & Finance

Launch Academy Companies Secure Funding for Offshore Wind Solutions

Ten UK technology innovator companies have secured more than GBP 1 million (approximately EUR 1.2 million) in funding to help deliver solutions for the UK’s offshore wind industry. The companies, which are part of the Offshore Renewable Energy (ORE) Catapult’s Launch Academy programme, have created

about 4 years ago
Thor Wind Turbine
Business & Finance

Aker Offshore Wind and Mainstream Renewable Power Merge, Aker Horizons Becomes Mainstream’s Majority Shareholder

The transaction to integrate Aker Offshore Wind into Mainstream Renewable Power has closed, creating a renewable energy company with a 27 GW portfolio including solar, and onshore and offshore wind projects. The closing of the transaction follows the announcement from 12 July, when Aker Horizons sai

about 4 years ago
Scottish Company Awarded Vattenfall Offshore O&M Contract
Business & Finance

Scottish Company Awarded Vattenfall Offshore O&M Contract

Scotland-headquartered PD&MS Group has secured a three-year operations and maintenance (O&M) contract with Vattenfall to support its European offshore wind portfolio for an undisclosed sum. The contract, which also has options to extend for a further two-year period, will see the international engin

about 4 years ago
Diamond Transmission Partners Buys Hornsea One Link
Business & Finance

UK Investors Buy Stake in World’s Largest Offshore Wind Farm

Octopus Energy Generation, through a joint venture with GLIL Infrastructure, has agreed to acquire a 12.5 per cent stake in the 1.2 GW Hornsea One offshore wind farm from Global Infrastructure Partners (GIP) for a total cash consideration of GBP 400 million (approximately EUR 480 million). Octopus E

about 4 years ago
Outer Dowsing Corio Generation offshore wind
Business & Finance

Corio, Total Submit Scoping Report for 1.5 GW Outer Dowsing Offshore Wind Project

TotalEnergies and Corio Generation, a portfolio company of Macquarie’s Green Investment Group, have submitted a scoping report to the Planning Inspectorate for the 1.5 GW Outer Dowsing wind project offshore the UK. Following the recent approval by the UK Government of the Crown Estate’s Habitats Reg

about 4 years ago
Fugro on Survey Duty at Vattenfall's Offshore Wind Pair
Business & Finance

Fugro on Survey Duty at Vattenfall’s Offshore Wind Pair

Fugro is set to soon commence a geophysical and geotechnical site survey at Vattenfall’s Norfolk offshore wind projects in the North Sea. Fugro Discovery will be deployed over the survey area starting on or around 1 August, with the activities set to be completed by the end of November. The 70-metre

about 4 years ago
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