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Business & Finance

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Contracts & Tenders
Kvaerner Eyes Renewables Expansion
Business & Finance

Kvaerner Eyes Renewables Expansion

Norway’s Kvaerner is establishing two new focus areas with an aim to expand its operations within the renewables industry, including offshore wind, and the oil & gas sector. The move comes as Kvaerner aims to increase its annual revenue for around 40% within a few years, from circa NOK 7.3 billion i

about 7 years ago
Major Offshore Wind Developers Join Energi Coast
Business & Finance

Major Offshore Wind Developers Join Energi Coast

Energi Coast, North East England’s offshore wind cluster, has recently expanded to include some of the leading offshore wind developers such as Equinor, innogy, and SSE. “The cluster now includes developers Equinor and SSE which are joint venture partners in Dogger Bank Offshore Wind Farms and innog

about 7 years ago
UK Airport Goes Fully Green with Ørsted Deal
Business & Finance

UK Airport Goes Fully Green with Ørsted Deal

The Bristol Airport in the UK has signed an agreement with Ørsted to have 100% of its electricity supply powered by renewables. Under the three-year agreement, Bristol Airport’s annual electricity use of 17 million kWh will be powered entirely by renewable sources. Over the duration of the contract,

about 7 years ago
Siemens Gamesa Wants a Piece of Senvion
Business & Finance

Siemens Gamesa Wants a Piece of Senvion

German wind turbine manufacturer Senvion has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected Services and Onshore assets in Europe. The agreement was approved unanimously by Senvion’s creditors’ committee. The approval of the insolvency plans

about 7 years ago
IWEA Chief Calls Irish For Greater Offshore Wind Urgency
Business & Finance

IWEA Chief Calls Irish For Greater Offshore Wind Urgency

CEO of the Irish Wind Energy Association (IWEA) David Connolly has called for greater urgency from the Irish government and political system to support the development of offshore wind. According to Connolly, Ireland’s Climate Action Plan sets out the vision and actions on how offshore wind can be d

about 7 years ago
GRS Wins Yunlin Contract, Opens Taipei Office
Business & Finance

GRS Wins Yunlin Contract, Opens Taipei Office

Global Renewables Shipbrokers (GRS) has won a contract to procure offshore transport and installation services for the Yunlin offshore wind farm in Taiwan. GRS is in charge of selecting and contracting all service providers for the transport of foundations from Europe to Taiwan, as well as the subse

about 7 years ago
PGE and Orlen Group Sign Deal for Polish Offshore Wind
Business & Finance

PGE and Orlen Group Sign Deal for Polish Offshore Wind

PGE Group and Orlen Group have signed a letter of intent (LoI) to cooperate on the development of offshore wind in Poland. Under the deal, the parties intend to exchange offshore wind know-how, prepare for investments in maritime infrastructure and supply logistics and assess the key parameters of t

about 7 years ago
SeaTwirl S2 Floating Wind Turbine Project Kicks Off
Business & Finance

SeaTwirl S2 Floating Wind Turbine Project Kicks Off

SeaTwirl has initiated the S2 floating wind turbine project after having secured a EUR 2.48 million grant from the European Commission. SeaTwirl said it will use the grant for detailed construction and project management, as well as marketing and commercialization of the full-scale SeaTwirl S2 1MW f

about 7 years ago
Ørsted Prepping Green Bond Issuance in Taiwan
Business & Finance

Ørsted Prepping Green Bond Issuance in Taiwan

Ørsted is preparing for a potential Taiwan New Dollar (TWD) denominated green bond issuance in Taiwan towards the end of this year to finance the Greater Changhua offshore wind projects. The company has selected BNP Paribas, Bank of Taiwan, CTBC Bank, and Deutsche Bank as arrangers. In April 2019, Ø

about 7 years ago
ALE Helps Apollo Prep for Moray East Piling Ops
Business & Finance

ALE Helps Apollo Prep for Moray East Piling Ops

ALE has provided a full pre-piling template installation package to DEME Group’s jack-up vessel Apollo ahead of piling operations at the Moray East offshore wind farm in the UK. ALE carried out barge load-out, transportation and installation of the pre-piling template and provided 20 axle lines of S

about 7 years ago
Dutch OW Workshop Puts Hollandse Kust (Noord) Tender in Focus
Business & Finance

Dutch OW Workshop Puts Hollandse Kust (Noord) Tender in Focus

The Netherlands Enterprise Agency (RVO.nl) is holding a workshop in October about the Dutch offshore wind farm zones, with focus on the Hollandse Kust (Noord) tender. The event will take place on 8 October at the RAI Amsterdam convention center during the Offshore Energy Exhibition & Conference 2019

about 7 years ago
Sif Opens Tokyo Office
Business & Finance

Sif Opens Tokyo Office

Dutch offshore foundations manufacturer Sif opened a sales office in Tokyo, Japan, on 5 September. Te Roermond-headquartered company said that it has closely followed offshore wind market developments in Japan since 2015 and that it for that purpose teamed up with Japan’s Sato Tekko. The Japanese go

about 7 years ago
DeepOcean Makes Internal Changes
Business & Finance

DeepOcean Makes Internal Changes

DeepOcean Group is splitting DeepOcean UK into two entities, including DeepOcean Subsea Cables and a new division dedicated to its seabed intervention and trenching business. The company said the split will see the existing Cable Lay and Trenching division (DeepOcean CL&T) divided into a seabed inte

about 7 years ago
German Trains to Run on Offshore Wind
Business & Finance

German Trains to Run on Offshore Wind

Innogy and RWE Supply & Trading have signed a power purchase agreement (PPA) with Deutsche Bahn (German Rail – DB) for the supply of electricity from the Nordsee Ost offshore wind farm. The supplied volume comprises 25MW, which is the equivalent of four turbines, representing 8% of the total product

about 7 years ago
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