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Business & Finance

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CSBC Opens Pin-Pile Production Line in Taiwan
Business & Finance

CSBC Opens Pin-Pile Production Line in Taiwan

Steel fabricator CSBC Corporation has inaugurated its pin-pile production line at its factory near the Port of Kaohsiung in Taiwan. CSBC also plans to add a line for the production of transition pieces to the facility. The production line will be used to manufacture pin-piles for Ørsted’s Changhua 1

about 6 years ago
Japanese Companies Forge Offshore Wind Pact
Business & Finance

Japanese Companies Forge Offshore Wind Pact

Japanese utility JERA and the engineering firm Shimizu Corporation have entered into a Memorandum of Understanding to collaborate within the offshore wind power generation business. JERA and Shimizu will explore ways to utilize their respective know-how and resources in the offshore wind power gener

about 6 years ago
H2M Offshore Accommodations Opens Office in Esbjerg
Business & Finance

H2M Offshore Accommodations Opens Office in Esbjerg

Dutch supplier of offshore accommodation H2M has opened a new office in Denmark with the aim to strengthen its presence in the offshore wind sector. According to H2M, the office in Esbjerg comes as the demands of clients in the wind industry increased over the past years. The new space is expected t

about 6 years ago
Belgium’s Offshore Wind Production Spikes 38% in 2019
Business & Finance

Belgium’s Offshore Wind Production Spikes 38% in 2019

Belgium’s offshore wind farms generated 4.7TWh of electricity in 2019, a nearly 38% increase compared to 2018 when the country’s offshore wind turbines produced 3.408TWh of electricity. The electricity produced offshore covered close to 6% of the country’s total electricity consumption in 2019, acco

about 6 years ago
Mammoet Completes ALE Buy
Business & Finance

Mammoet Completes ALE Buy

Dutch heavy lift and transportation company Mammoet has completed the acquisition of the UK-based ALE. The businesses will now operate as one company under the Mammoet brand across over 140 offices and branches worldwide. Over the coming months, a fully developed integration plan will be rolled out

about 6 years ago
Ming Yang and China Three Gorges Ink Offshore Wind Deal
Business & Finance

Ming Yang and China Three Gorges Ink Offshore Wind Deal

China’s Ming Yang Smart Energy and China Three Gorges (CTG) Corporation have signed a framework cooperation agreement for offshore wind. The agreement was signed on 7 January in Beijing in the presence of Ming Yang CEO and Chairman Chuanwei Zhang and Wang Lin, Deputy Secretary and General Manager of

about 6 years ago
Ørsted Makes Operating Model Changes
Business & Finance

Ørsted Makes Operating Model Changes

Ørsted has introduced a new operating model for its offshore wind business with an aim to support the further development, execution and operation of its project pipeline and future growth. Ørsted’s offshore business will be organized into four regions, including Asia Pacific, the UK, Continental Eu

about 6 years ago
Maryland PSC Schedules Hearing for Project Turbine Sizes
Business & Finance

Maryland PSC Schedules Hearing for Project Turbine Sizes

The Maryland Public Service Commission (PSC) is holding a public hearing on the potential impact of bigger turbines at the Skipjack and MarWin offshore wind projects. The event is part of the commission’s limited inquiry into impacts related to changes in the turbine sizes originally anticipated for

about 6 years ago
Australian Govt Seeks Input on Offshore Wind Regulatory Framework
Business & Finance

Australian Govt Seeks Input for Offshore Wind Regulatory Framework

The Australian Government is seeking feedback on the proposed regulatory framework for offshore wind and other offshore clean energy technologies. The government is developing the regulatory framework to enable the exploration, construction, operation and decommissioning of offshore wind and other c

about 6 years ago
Taiwan Reduces 2020 Offshore Wind Feed-in-Tariff
Business & Finance

Taiwan Reduces 2020 Offshore Wind Feed-in-Tariff

Taiwan’s Ministry of Economic Affairs has reduced the 2020 feed-in-tariff (FiT) for offshore wind by 7.6% compared to the 2019 FiT rate. The 20-year FiT for offshore wind power purchase agreements (PPAs) signed in 2020 is set at TWD 5.0946 per kW/h. The developers also have an option to receive TWD

about 6 years ago
Siemens Gamesa Reaches EUR 1.72 Billion in Green Guarantee Lines
Business & Finance

Siemens Gamesa Reaches EUR 1.72 Billion in Green Guarantee Lines

Siemens Gamesa has reached EUR 1.72 billion in green guarantee lines by the end of 2019. Siemens Gamesa recently extended a guarantee line from Danske Bank from an initial EUR 100 million to EUR 150 million and included Sustainable Development Goals (SDG) criteria. The company had also signed and in

about 6 years ago
Horns Rev 3 Helps Denmark Set Wind Energy Production Record
Business & Finance

Horns Rev 3 Helps Denmark Set Wind Energy Production Record

Electricity produced by wind turbines covered 46.9% of consumption in Denmark in 2019, setting a new record for the country and for the world, according to Wind Denmark. This is a 3.5% increase in the share of wind energy in the mix compared to the country’s second-best result of 43.4% set in 2017.

about 6 years ago
Massachusetts Senator Calls for Offshore Wind Project Labor Agreements
Business & Finance

Massachusetts Senator Calls for Offshore Wind Project Labor Agreements

Senator of Massachusetts Edward J. Markey has called on Ørsted and Vineyard Wind to enter into Project Labor Agreements (PLA) for wind energy projects offshore Massachusetts and the larger East Coast. In his letters to the two offshore wind developers, Markey stated that a PLA would ensure newly cre

about 6 years ago
Sing Da Marine Opens Jacket Foundation Plant in Taiwan
Business & Finance

Sing Da Marine Opens Jacket Foundation Plant in Taiwan

The mass production is expected to start in the third quarter of 2020. The factory will have an expected annual output of up to 50 jackets.

about 6 years ago
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