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Business & Finance

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Bibby and Resolve Marine Ink US Vessel Deal
Business & Finance

Bibby and Resolve Marine Ink US Vessel Deal

Bibby Marine Services and Resolve Marine Group have signed a Memorandum of Understanding (MoU) to develop Jones Act compliant vessel solutions for the U.S. offshore wind sector. The partnership will see the provision of Jones Act compliant Walk-to-Work (W2W) vessel solutions for offshore wind operat

about 7 years ago
EOWDC Invites O&M Innovations
Business & Finance

EOWDC Invites O&M Innovations

Offshore Renewable Energy (ORE) Catapult and Vattenfall have launched a GBP 1.5 million programme for UK companies to test and demonstrate O&M technologies at the European Offshore Wind Deployment Centre (EOWDC) project. The three-year programme is seeking technologies that solve current O&M challen

about 7 years ago
Equinor, South Koreans Float 200MW Wind Farm Plan
Business & Finance

Equinor, South Koreans Float 200MW Wind Farm Plan

Equinor, the Korea National Oil Corporation (KNOC) and Korea East-West Power Corporation have established a consortium to develop a 200MW floating offshore wind project in South Korea. The Donghae 1 floating offshore wind farm would be developed near KNOC’s existing Donghae gas platform located 58km

about 7 years ago
Siemens Gamesa and Formosa Plastics Ink MoU in Taiwan
Business & Finance

Siemens Gamesa and Formosa Plastics Ink MoU in Taiwan

Siemens Gamesa has signed a Memorandum of Understanding with Formosa Plastics Corporation for offshore wind in Taiwan. According to the company, the agreement adds up to a series of earlier agreements with local and international parties to promote a competitive supply chain. To remind, Siemens Game

about 7 years ago
Northern Offshore Invests in CPower
Business & Finance

Northern Offshore Invests in CPower

Northern Offshore Group is making a strategic investment in the UK-based CPower Energy with an aim to broaden its activities in the offshore wind industry. According to Northern Offshore, the owners have followed CPower during its first couple of years in the business and saw the acquisition as part

about 7 years ago
Buss Targets Offshore Wind Expansion with New Acquisition
Business & Finance

Buss Targets Offshore Wind Expansion with New Acquisition

Buss Group has acquired SSC Wind from Wildeshausen with an aim to expand its services in the offshore and onshore wind markets. The company, which will operate under the name Buss Wind Services GmbH, added the aspects of installation and long-term services for turbines to Buss’ project business in o

about 7 years ago
A1 Offshore and Kenz Figee Partner for W2W Solution
Business & Finance

A1 Offshore and Kenz Figee Partner for W2W Solution

A1 Offshore Solutions and Kenz Figee have signed a cooperation agreement to offer a walk-to-work (W2W) vessel solution for the offshore wind and oil & gas industries. The agreement is said to be a result of A1 Offshore Solution’s experience with the Kenz Figee 3D Active Motion Compensated (ACM) 26m

about 7 years ago
Danes Start EIR Review for Frederikshavn Project
Business & Finance

Danes Start EIR Review for Frederikshavn Project

The Danish Energy Agency (DEA) is inviting input for the environmental impact report (EIR) which will be prepared for the Frederikshavn offshore wind project. Denmark’s Minister of Energy, Utilities and Climate Lars Chr. Lilleholt gave permission to European Energy at the end of last year to conduct

about 7 years ago
Irish Utility Targets Offshore Wind
Business & Finance

Irish Utility Targets Offshore Wind

Energia Group is implementing a EUR 3 billion investment program in Ireland’s renewable energy sector, which will include the offshore wind market. In addition to offshore wind, the Positive Energy program will include investments for onshore wind, solar power, hydrogen fuel, bio-energy and smart gr

about 7 years ago
Ørsted Awards 100th Burbo Bank Extension Fund Grant
Business & Finance

Ørsted Awards 100th Burbo Bank Extension Fund Grant

Ørsted has awarded thirteen local organizations around Liverpool Bay, the UK, with grants from the latest round of its Burbo Bank Extension Community Fund. This latest round of the fund saw the 100th project being awarded a grant and taking the total number of groups to have benefitted to 105. “Havi

about 7 years ago
GEV Wind Power Gets New Owner
Business & Finance

GEV Wind Power Gets New Owner

Bridges Fund Management has acquired wind turbine repair and maintenance provider GEV Wind Power from Maven Capital Partners. The acquisition comes as Bridges sought to invest in renewable energy as part of its Sustainable Planet theme, and the investment was handled via its Sustainable Growth Funds

about 7 years ago
Equinor Talks Norwegian Floating Offshore Wind
Business & Finance

Equinor Talks Norwegian Floating Offshore Wind

Equinor has met with the supplier industry in Norway to discuss cost-effective solutions for floating offshore wind farms on the Norwegian Continental Shelf. Equinor got together with Global Center of Expertise (GCE) NODE companies in Agder to talk about finding cost-optimal solutions related to des

about 7 years ago
ERSG Launches First APAC Office
Business & Finance

ERSG Launches First APAC Office

ERSG has opened an office in Taiwan, which represents its first in the Asia Pacific region. The news follows the recently announced collaboration agreement between ERGS and Taiwan Offshore Windfarm Service Corp. (TOWSC) for the local offshore wind market. With the agreement, ERSG and TOWSC target th

about 7 years ago
Carbon Trust Contest Looks to Improve Wind Resource Models
Business & Finance

Carbon Trust Contest Looks to Improve Wind Resource Models

The Carbon Trust’s Offshore Wind Accelerator (OWA) has launched an international competition focused on improving offshore wind resource models. The competition will enable modelers to access six validation cases from operational offshore wind farms in the North Sea, owned by OWA’s industry partners

about 7 years ago
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