Deutsche Bank has closed a deal contingent interest rate swap on TWD 90 billion (around EUR 2.7 billion) project finance for the development of the 589 MW Changfang and Xidao wind farm off Changhua County, Taiwan. The investment consortium, led by Copenhagen Infrastructure Partners (CIP) through its
Northland Power has identified additional offshore wind development sites in the proximity of Dado Ocean’s original sites in South Korea, which could increase the development capacity to approximately 1GW. These early-stage development sites will be developed together over the coming years, Northlan
Canadian energy company Northland Power has agreed to buy the NaiKun offshore wind farm project from compatriot NaiKun Wind Energy Group. The NaiKun offshore wind farm is located in the Hecate Strait between Haida Gwaii and Prince Rupert on the British Columbia mainland. The project is in the early
MarineSpace has been appointed as the lead offshore environmental impact assessment (EIA) and consenting consultants for the 96MW Erebus floating offshore wind project in the Celtic Sea. MarineSpace will form part of a wider consultancy team, led by Offshore Wind Consultants (OWC) that will deliver
Siemens Gamesa Renewable Energy has paused production at its blade factory at Alexandra Dock in Hull, UK, following the COVID-19 outbreak and subsequent governmental recommendations.
Singaporean offshore services provider Kim Heng Marine & Oilfield (KHMO) has established a joint venture company with a Taiwanese company to jointly pursue offshore wind projects in Taiwan. The joint venture company, Bridgewater Marine (Taiwan) Limited, is 51 percent owned by the Taiwanese company a
SeaTwirl has entered into a cooperation with Crest Consultants AB for the offshore wind market in Brazil. The aim is to identify specific areas that are suitable for offshore wind power, to develop concept products with Brazilian partners based on SeaTwirl’s technology and Crest’s engineering experi
Dutch offshore foundations manufacturer Sif has reached a milestone with the production of its 2,000th monopile. This special monopile was made for Ørsted’s Borssele 1&2 offshore wind farm in the Netherlands. Sif stated it is currently in the final phase of the project and is planning to complete th
James Fisher and Sons is making business moves to cushion the potential blow of the global pandemic crisis in the near future. The Group has taken steps to reduce costs, optimise cash flow, and to protect liquidity.
96 percent of Europe’s wind turbine and component manufacturing factories continue to operate, WindEurope said. Currently, only seven wind energy manufacturing sites are closed, according to WindEurope. All of them are located in Spain and Italy, the countries with the strictest lockdown regulations
Copenhagen Infrastructure Partners (CIP) has bought minority stakes in joint venture companies related to the operation of four grid connection systems in the German sector of the North Sea: BorWin1, BorWin2, HelWin2, and DolWin2.
Offshore wind generated 9.9% of total energy in the UK in 2019, largely due to new capacity coming online, according to the UK Department for Business, Energy and Industrial Strategy (BEIS). The UK renewable electricity capacity was 47.4GW at the end of 2019, a 3GW or 6.9% increase on the year earli
CWind Taiwan, part of Global Marine Group, has taken steps in line with guidelines recently issued by the Taiwanese government and its UK parent company to cope with the effects of the now global COVID-19 pandemic.
EnBW reported an adjusted EBITDA of EUR 482.8 million in the Renewable Energies division in 2019, a 62.2% rise compared to the previous year. According to EnBW, the growth is due to the overall improvement in wind conditions at offshore and onshore wind farms in Germany, as well as due to earnings c
