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Business & Finance

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Vattenfall’s Offshore Wind Production Spikes in 2019
Business & Finance

Vattenfall’s Offshore Wind Production Spikes in 2019

Vattenfall’s offshore wind farms generated 6.8 terawatt-hours (TWh) of electricity in 2019, a near 31 percent increase compared to 5.2TWh generated in 2018. The increase was mainly attributed to the full commissioning of the 407MW Horns Rev 3 wind farm in the Danish North Sea. Vattenfall’s operating

about 6 years ago
OWC Exec Becomes AqualisBraemar Group Marketing Director
Business & Finance

OWC Exec Becomes AqualisBraemar Group Marketing Director

AqualisBraemar has appointed John MacAskill from Offshore Wind Consultants (OWC) as its first group marketing director.

about 6 years ago
Iberdrola Sells Siemens Gamesa Stake
Business & Finance

Iberdrola Sells Siemens Gamesa Stake

Siemens AG is acquiring all Iberdrola’s shares in Siemens Gamesa Renewable Energy (SGRE).

about 6 years ago
Thor Wind Turbine
Business & Finance

Engie Fabricom Joins England’s NE Offshore Wind Cluster

Engie Fabricom has joined Energi Coast, the North East of England’s Offshore Wind Cluster.

about 6 years ago
Ørsted Targets Carbon Neutral Supply Chain by 2040
Business & Finance

Ørsted Targets Carbon Neutral Supply Chain by 2040

Ørsted is launching a program aimed at engaging its supply chain in becoming carbon neutral by 2040.

about 6 years ago
Siemens Gamesa Doubles Offshore Order Intake in 2019
Business & Finance

Siemens Gamesa Doubles Offshore Order Intake in 2019

Siemens Gamesa has doubled the order intake in the offshore segment in 2019 compared to 2018, partly due to the company’s strongest ever results reported in the last quarter of the calendar year. The world-leading wind turbine manufacturer saw the order intake in the offshore segment double to 3,343

about 6 years ago
First Japanese Offshore Wind Farms Entering Construction Phase
Business & Finance

First Japanese Offshore Wind Farms Entering Construction Phase

The construction of the onshore substations and transmission lines is scheduled to start in February 2020, and the commercial operations are expected to start in 2022, according to Marubeni.

about 6 years ago
SeaMar Buys Alaborg Offshore Services
Business & Finance

SeaMar Buys Alaborg Offshore Services

The Dutch SeaMar Group has acquired the vessel owning company Alaborg Offshore Services BV.

about 6 years ago
Principle Power Reveals New Brand Identity
Business & Finance

Principle Power Reveals New Brand Identity

Principle Power has unveiled a new brand identity and logo as part of a rebranding initiative that embodies the company’s new stage in the deployment and commercialization of its floating wind technology.

about 6 years ago
Triton Knoll Fund Awards Round Three Grants
Business & Finance

Triton Knoll Fund Awards Round Three Grants

The Triton Knoll Community Fund has allocated a windfall of GBP 101,670 to thirteen community projects as part of the third funding round.

about 6 years ago
Ørsted and Eversource Partner with ThayerMahan in Connecticut
Business & Finance

Ørsted and Eversource Partner with ThayerMahan in Connecticut

Ørsted and Eversource have signed a Memorandum of Understanding (MOU) with ThayerMahan to explore the provision of maritime wildlife monitoring and seabed surveillance services for the Revolution Wind wind project offshore Connecticut. The MOU with this Groton-based marine automation and monitoring

about 6 years ago
ProCon Wind and CPower Team Up ahead of Brexit
Business & Finance

ProCon Wind and CPower Team Up ahead of Brexit

Denmark’s ProCon Wind Energy and the UK-based CPower Energy have entered into a joint venture partnership agreement to jointly deal with the effects of the UK’s formal exit from the European Union on 31 January. Through the joint venture agreement, the two companies plan to ”overcome any potential c

about 6 years ago
Global Marine Group Gets New Owner
Business & Finance

Global Marine Group Gets New Owner

Headquartered in Chelmsford, UK, GMG owns and operates a fleet comprising three specialist cable installation and repair vessels, four maintenance vessels, and 19 crew transfer vessels. Additionally, the company has a range of subsea equipment including eight trenchers and working class ROVs.

about 6 years ago
Macquarie Backs GBP 1.1 Billion Green Finance Portfolio
Business & Finance

Macquarie Backs GBP 1.1 Billion Green Finance Portfolio

Macquarie Infrastructure Debt Investment Solutions (MIDIS) has invested in a synthetic securitisation of NatWest’s GBP 1.1 billion portfolio of project finance loans in the UK’s sustainable energy market. The transaction was a structured finance solution delivered by MIDIS in partnership with BAE Sy

about 6 years ago
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