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Business & Finance

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Wind Farm UpdateVessels
SSE Seeks Survey Permits Offshore Ireland
Business & Finance

SSE Seeks Survey Permits Offshore Ireland

SSE Renewables has applied for Foreshore Licences to carry our surveys at two offshore wind sites in Ireland that could accommodate approximately 1.6GW of capacity. The applications to the Irish Department of Housing, Planning and Local Government seek approval for conducting geophysical, geotechnic

about 7 years ago
Ørsted Signs Greater Changhua Green Loan Facility
Business & Finance

Ørsted Signs Greater Changhua Green Loan Facility

Ørsted has signed a guaranteed five-year syndicated green revolving loan facility for its Greater Changhua offshore wind projects in Taiwan. The NTD 25 billion (circa EUR 714.3 million) green facility attracted 15 banks to join in less than two months, which represents the first time local state-own

about 7 years ago
Vineyard Wind Opens Permanent Office in Boston
Business & Finance

Vineyard Wind Opens Permanent Office in Boston

Vineyard Wind, the developer of an 800MW offshore wind project in Massachusetts, U.S., has opened a permanent office in Boston. According to Vineyard Wind, the new workplace will accommodate the company’s growing staff and provide a range of services for the 800MW wind farm and other projects in ear

about 7 years ago
UK EIC and World Forum Offshore Wind Sign MoU
Business & Finance

UK EIC and World Forum Offshore Wind Sign MoU

The UK Energy Industries Council (EIC) and the World Forum Offshore Wind (WFO) have signed a Memorandum of Understanding (MoU) to collaborate on offshore wind. Under the MoU signed in Aberdeen, the two parties agreed to cooperate on offshore wind supply chain project activities. “We work extensively

about 7 years ago
White & Case Takes Advisor Role in Yunlin Financing
Business & Finance

White & Case Takes Advisor Role in Yunlin Financing

Law firm White & Case LLP has advised the export credit agencies (ECAs) and the syndicate of commercial banks on the financing of the Yunlin offshore wind project in Taiwan. A financing group comprising 19 banks and three ECAs from Denmark (EKF), Germany (Euler Hermes) and the Netherlands (Atradius)

about 7 years ago
EolMed Seeks Public Opinion
Business & Finance

EolMed Seeks Public Opinion

The EolMed project team is holding a public comment period for the 25MW floating offshore wind project in France. The comment period for the French pilot project, set to be located some 15km offshore Gruissan, will be held from 21 June to 22 July. The events will take place at the Town Hall of Narbo

about 7 years ago
ABPmer Joins Crown Estate’s Marine Data Exchange Team
Business & Finance

ABPmer Joins Crown Estate’s Marine Data Exchange Team

The Crown Estate has appointed ABPmer to support the quality assurance of its Marine Data Exchange (MDE), which is focused on sharing survey data to inform the future development of offshore renewable energy projects. ABPmer will prepare, validate and upload data in compliance with the Marine Enviro

about 7 years ago
Singapore and Taiwan Firms Ink Offshore Wind MoU
Business & Finance

Singapore and Taiwan Firms Ink Offshore Wind MoU

Singapore’s Kim Heng Marine & Oilfield (KHMO) has signed a Memorandum of Understanding (MOU) with the Taiwan-based Hung Hua Construction (HHC) to collaborate on the offshore wind sector. KHMO will provide vessels, tugboats and barges to HHC by way of a charter, sale or joint ownership and operation

about 7 years ago
Colebrook Offshore Enters Irish Offshore Wind Deal
Business & Finance

Colebrook Offshore Enters Irish Offshore Wind Deal

London-based Colebrook Offshore has established a partnership with the Irish Grimes Offshore Services (GOS) to offer comprehensive marine, offshore and consultancy services for the offshore wind market in Ireland. Colebrook Offshore said it will offer support services to the renewable and offshore v

about 7 years ago
Danish TP Protection Project Gets Funding
Business & Finance

Danish TP Protection Project Gets Funding

Cotes has secured funding from Innovation Fund Denmark for the development of its off-grid protection solution for offshore wind transition pieces (TPs). Project COOPER includes a solution that protects the bases of offshore wind turbines from corrosive effects of salt-laden airborne moisture in sit

about 7 years ago
Vattenfall Issues First Green Bond
Business & Finance

Vattenfall Issues First Green Bond

Vattenfall has issued a EUR 500 million senior unsecured green bond with a tenor of seven years. The bond is the company’s first and the first international issuance under an EMTN program under Swedish governing law, listed on Nasdaq Stockholm. The proceeds from the issue are earmarked for projects

about 7 years ago
BizMDOSW: State Teamwork Road for Successful US Offshore Wind
Business & Finance

BizMDOSW: State Teamwork Road for Successful US Offshore Wind

U.S. coastal states must compete, but also cooperate, to develop an offshore wind industry that benefits everyone, according to a new report by the Business Network for Offshore Wind. The Leadership 100 report writes that the priority areas include the development of an industry road map, recommenda

about 7 years ago
Taiwan Offshore Wind Industry Association Kicks Off
Business & Finance

Taiwan Offshore Wind Industry Association Kicks Off

Eight offshore wind majors have officially launched the Taiwan Offshore Wind Industry Association. The founding members include Ørsted, Northland Power, Copenhagen Infrastructure Partners (CIP), wpd offshore solutions, Macquarie Group, Swancor, Yushan Energy and the Japanese utility JERA. The associ

about 7 years ago
EnBW Cuts Ribbon in Boston
Business & Finance

EnBW Cuts Ribbon in Boston

EnBW North America has opened an office in Boston, Massachusetts, to pursue offshore wind opportunities in the Northeast US. In New England, EnBW North America participated in last December’s auction for offshore lease areas off the Massachusetts coast, competing through the last round of bidding on

about 7 years ago
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