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Business & Finance

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Hitachi and Eco Power Unveil Offshore Wind Venture in Japan
Business & Finance

Hitachi and Eco Power Unveil Offshore Wind Venture in Japan

Hitachi Zosen Corporation and the Tokyo-based Eco Power Co. Ltd. have established a joint venture company to develop an offshore wind project off the Aomori Prefecture in Japan. The Nishikita offshore wind farm will comprise up to 125 wind turbines and have a capacity of 500MW. The turbines will hav

about 7 years ago
EIB Nods to Two French Offshore Wind Farms
Business & Finance

EIB Nods to Two French Offshore Wind Farms

The European Investment Bank (EIB) has approved the financing for the Saint-Nazaire and Fécamp offshore wind projects in France. EIB did not disclose the amount of the approved financing. The two projects are being developed by Eolien Maritime France (EMF), a joint venture of EDF EN and Enbridge. Th

about 7 years ago
ORE Catapult Picks Powertrain Research Hub Academic Partner
Business & Finance

ORE Catapult Picks Powertrain Research Hub Academic Partner

The Offshore Renewable Energy (ORE) Catapult has named the University of Sheffield as the academic partner for its new research hub dedicated to offshore wind turbine powertrains. The GBP 2.5 million Powertrain Research Hub (PTRH) will focus on the development of next-generation turbines and future

about 7 years ago
French Floater Applies for EIB Funding
Business & Finance

French Floater Applies for EIB Funding

Quadran Energies Marines has applied for funding with the European Investment Bank (EIB) for the EolMed floating offshore wind project in France. Quadran is seeking approximately EUR 50 million in the application that has been under appraisal since 21 March, EIB said. According to the bank, the proj

about 7 years ago
UK to Gather Offshore Wind Majors in Edinburgh
Business & Finance

UK to Gather Offshore Wind Majors in Edinburgh

The UK and Scottish Governments are holding a summit in Edinburgh dedicated to looking at maximizing the offshore wind sector. The event will take place on 2 May and will bring together trade unions, offshore wind developers and supply chain companies to look at how UK companies can benefit more fro

about 7 years ago
Burdock: CEJA Road to Maryland’s OW Supply Chain Competitiveness
Business & Finance

Burdock: CEJA Road to Maryland’s OW Supply Chain Competitiveness

Maryland needed to pass a piece of legislation that would create a larger carve-out for offshore wind in order to stay competitive in attracting the supply chain, Liz Burdock, President and CEO of the U.S. Business Network for Offshore Wind commented on Maryland passing the Clean Energy Jobs Act (CE

about 7 years ago
Planning Inspectorate Wraps Up Hornsea Three EIA Examination
Business & Finance

Planning Inspectorate Wraps Up Hornsea Three EIA Examination

The UK Planning Inspectorate has completed the examination of the environmental impact assessment (EIA) of Ørsted’s Hornsea Project Three offshore wind farm. The Examining Authority will now compile a report comprising conclusions and recommendations in respect of the application. The report is then

about 7 years ago
Van Oord Adds ALL NRG to Deutsche Bucht Team
Business & Finance

Van Oord Adds ALL NRG to Deutsche Bucht Team

The Denmark-based ALL NRG has secured work with Van Oord on the 269MW Deutsche Bucht offshore wind project. ALL NRG said that its team of technicians from the Horns Rev 3 offshore wind farm has been called upon for Deutsche Bucht in the German North Sea. According to the company, the team will be as

about 7 years ago
New Jersey Supply Chain Goes Online
Business & Finance

New Jersey Supply Chain Goes Online

The New Jersey Economic Development Authority (NJEDA) is developing an online supply chain registry for the local offshore wind market. The New Jersey Offshore Wind Supply Chain Registry will be a free portal where investors exploring offshore wind-related projects in New Jersey will be able to find

about 7 years ago
The Netherlands and US Sign Offshore Wind Agreement
Business & Finance

The Netherlands and US Sign Offshore Wind Agreement

The Dutch Ministry of Foreign Affairs and the U.S. Bureau of Ocean Energy Management (BOEM) have signed a Memorandum of Understanding on offshore wind development. Dutch Consul General Dolph Hogewoning and BOEM Acting Director Walter Cruikshank signed the agreement on 8 April at the Consulate Genera

about 7 years ago
Senvion Files For Self-Administered Restructuring
Business & Finance

Senvion Files For Self-Administered Restructuring

Senvion GmbH has filed for self-administered restructuring proceedings after refinancing discussions with lenders have so far not come to a positive conclusion. These preliminary self-administration proceedings relate to Senvion GmbH as well as its subsidiary Senvion Deutschland GmbH. The objective

about 7 years ago
Rhode Island Bankrolls Ready 4 Offshore Wind
Business & Finance

Rhode Island Bankrolls Ready 4 Offshore Wind

Ready 4 Offshore Wind, a project led by the U.S. Business Network for Offshore Wind, has been selected to receive a part of a USD 1.6 million funding from the Rhode Island government. The project is among 12 partnerships announced by the Rhode Island Department of Labor and Training (DLT) and Govern

about 7 years ago
IHC IQIP Invests in BLUE Piling Tech
Business & Finance

IHC IQIP Invests in BLUE Piling Tech

The Dutch IHC IQIP is investing in the BLUE Piling technology for driving the foundation piles of offshore wind turbines into the seabed. IHC IQIP has decided to join forces with Jasper Winkes, the developer of the BLUE Hammer, as it believes this technology “has a big future” and is a logical step

about 7 years ago
ONYX InSight: Data Access Restrictions Hamper Offshore Wind Growth
Business & Finance

ONYX InSight: Data Access Restrictions Hamper Offshore Wind Growth

The long-term success of offshore wind is being put at risk by restrictions on access to wind turbine performance data that prevent operators from reducing operations and maintenance costs by up to 30%, according to ONYX InSight. Better access to turbine data allows operators to not only reduce thei

about 7 years ago
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