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Business & Finance

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R&DJobs & RecruitmentWind Farm Update
Siemens Gamesa Shows 1,000th Direct Drive Turbine Installation
Business & Finance

Siemens Gamesa Shows 1,000th Direct Drive Turbine Installation (Video)

Siemens Gamesa has shared a video showing the installation of its 1,000th offshore Direct Drive wind turbine.

about 6 years ago
WindEurope: Europe Needs More Wind Energy to Reach Green Deal
Business & Finance

WindEurope: Europe Needs to Double Wind Installation

Wind energy provided 15% of the electricity in Europe in 2019, however the current rate of installation is not enough to deliver the Green Deal, according to WindEurope.

about 6 years ago
Sembcorp and ASTAR Ink Offshore Research Deal
Business & Finance

Sembcorp and A*STAR Ink Offshore Research Deal

Sembcorp Marine and Singapore’s Agency for Science, Technology and Research (A*STAR) have signed a Master Research Collaboration Agreement (MRCA) focused on offshore wind energy, among others.

about 6 years ago
Hohe See Lifts Enbridge in Q4
Business & Finance

Hohe See Lifts Enbridge in Q4

Canadian energy infrastructure company Enbridge Inc. has reported an adjusted EBITDA of CAD 119 million (EUR 82.9 million) at its Renewable Power Generation division in the last quarter of 2019, CAD 21 million more than in the same period a year earlier. The increase was attributed to contributions

about 6 years ago
Former Great Grimsby MP Becomes RenewableUK Deputy CEO
Business & Finance

Former Great Grimsby MP Becomes RenewableUK Deputy CEO

RenewableUK has appointed the former Member of Parliament for Great Grimsby Melanie Onn as the new Deputy Chief Executive Officer.

about 6 years ago
Japan's First Offshore Wind Farm Achieves Financial Close
Business & Finance

Mott MacDonald Backs Japan’s First Offshore Wind Farm

Mott MacDonald is acting as the lender’s technical advisor on the Akita project, Japan’s first commercial-scale offshore wind farm.

about 6 years ago
Canadians Refinance Stake in Germany’s Largest Offshore Wind Farm
Business & Finance

Canadians Refinance Stake in Germany’s Largest Offshore Wind Farm

Canada Pension Plan Investment Board (CPP Investments) has completed a EUR 510.6 million green bond refinancing of its minority interest in the Hohe See and Albatros offshore wind farms in Germany. In total, over EUR 510 million of senior secured notes were issued on Tuesday, 11 February and placed

about 6 years ago
EDF Takes 50% Stake in 1GW Irish Offshore Wind Farm
Business & Finance

EDF Takes 50% Stake in 1GW Irish Offshore Wind Farm

The EDF Group has acquired a 50% interest in the 1GW Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across the globe, will now partner with Fred Olsen Renewables Ltd, which already owns 50% to develop and build the pr

about 6 years ago
EMO and Shell Aviation Ink Fuel Supply Deal for Eemshaven Heliport
Business & Finance

EMO and Shell Aviation Ink Fuel Supply Deal for Eemshaven Heliport

EMS Maritime Offshore (EMO) has signed a supplier contract with Shell Aviation for the delivery of JET-A1 fuel to the Heliport Eemshaven in the Netherlands.

about 6 years ago
Engie to Seek New CEO
Business & Finance

Engie to Seek New CEO

Engie’s Board of Directors is set to seek a new Chief Executive Officer (CEO) after it had decided not to propose the reappointment of Isabelle Kocher at the position.

about 6 years ago
Equinor Targets Global Offshore Wind Major Role
Business & Finance

Equinor Targets Global Offshore Wind Major Role

Equinor is planning to become a global offshore wind major by setting up an ambition to grow its renewable energy capacity tenfold by 2026, to up to 6GW.

about 6 years ago
Bech-Bruun Advises on First Japanese Offshore Wind Project
Business & Finance

Bech-Bruun Advises Marubeni Offshore Japan

Bech-Bruun has advised Marubeni Corporation and its partners on the legal and commercial matters in relation to the Akita Noshiro offshore wind project in Japan.

about 6 years ago
Ørsted Seeks EIB Financing for Dutch Offshore Wind Farm
Business & Finance

Ørsted Seeks EIB Financing for Dutch Offshore Wind Farm

Ørsted has applied for a loan with the European Investment Bank (EIB) for the 752MW Borssele 1 + 2 offshore wind farm in the Netherlands. The project will finance the construction and the operation of the wind farm. The proposed EIB financing is about EUR 500 million, and the estimated value of the

about 6 years ago
Europe Installs Record 3.6GW of Offshore Wind in 2019
Business & Finance

Europe Installs Record 3.6GW of Offshore Wind in 2019

Europe installed 3.6GW of new offshore wind capacity in 2019, which is a new record in annual installations, according to WindEurope.

about 6 years ago
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