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Business & Finance

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Ofgem Names Walney Extension OFTO
Business & Finance

Ofgem Names Walney Extension OFTO

Ofgem has appointed Diamond Transmission Partners as the preferred bidder to own and operate the offshore transmission link of the Walney Extension offshore wind farm in the UK. The consortium of HICL Infrastructure Company, Diamond Transmission Corporation and Chubu Electric Power will be operating

about 7 years ago
Triton Knoll Electrical Work to Begin End of March
Business & Finance

Triton Knoll Electrical Work to Begin End of March

The key works to connect the onshore and offshore electrical circuits of the Triton Knoll offshore wind project are set to start at the end of March, according to the project developer. The activities will take place at the project’s landfall location north of Anderby Creek, the UK, and will include

about 7 years ago
EnBW Launches Taiwan Subsidiary
Business & Finance

EnBW Launches Taiwan Subsidiary

Germany’s EnBW has launched a subsidiary in Taiwan, which is said to represent its official entry into the Asia-Pacific energy market. Based in Taipei, EnBW Asia-Pacific Ltd. is expected to allow EnBW to find a bigger arena for renewable energy in order to expand its development. EnBW said it plans

about 7 years ago
RWE Renewables Plans 2GW-3GW Annual Capacity Boost
Business & Finance

RWE Renewables Plans 2GW-3GW Annual Capacity Boost

German energy company RWE plans to add between 2GW and 3GW of capacity annually to its renewable energy portfolio in three core markets: Europe, North America, and the Asia-Pacific. The portfolio will be managed by RWE Renewables and the technologies in focus will be onshore and offshore wind, as we

about 7 years ago
US DOE Funds Nine Wind Energy Environmental Research Projects
Business & Finance

US DOE Funds Nine Wind Energy Environmental Research Projects

The U.S. Department of Energy (DOE) has allocated USD 6.2 million for nine projects expected to reduce environmental compliance costs and environmental impacts of offshore and onshore wind energy. The early-stage research projects, funded by the DOE Office of Energy Efficiency and Renewable Energy’s

about 7 years ago
Vattenfall Begins Hollandse Kust Zuid 1&2 Prep Work
Business & Finance

Vattenfall Begins Hollandse Kust Zuid 1&2 Prep Work

Vattenfall has commenced the initial physical preparatory works for the Hollandse Kust Zuid 1 & 2 offshore wind project in the Netherlands. The Swedish company has started setting up a project team and has performed the first studies necessary to properly estimate the activities involved in building

about 7 years ago
Saipem Enters Energy Kite Deal
Business & Finance

Saipem Enters Energy Kite Deal

Saipem has signed an agreement with KiteGen Venture to support the development, construction and commercialization of a high altitude energy kite. Patented by KiteGen, the technology facilitates the harnessing of airborne wind to produce clean energy with kites connected to a ground‐based generator

about 7 years ago
New Wind Projects Lead E.ON’s Renewables Figures Rise
Business & Finance

New Wind Projects Lead E.ON’s Renewables Figures Rise

E.ON has reported an increase in earnings in the renewables segment for the 2018 financial year, principally due to the commissioning of a new offshore wind project in the UK and the inclusion of wind farms in the U.S. The company’s renewables segment saw EUR 521 million in adjusted EBIT, a EUR 67 m

about 7 years ago
Okeanus Supports TerraSond in US Survey Campaign
Business & Finance

Okeanus Supports TerraSond in US Survey Campaign

Okeanus Science & Technology LLC has provided equipment to TerraSond in support of recent survey work at a wind farm offshore the U.S. East Coast. Okeanus provided slip ring winches and over-the-side pole and adapter for USBL mobilization, among other equipment, for the launch and retrieval of the A

about 7 years ago
Partners Group Enters Greenlink Interconnector Project
Business & Finance

Partners Group Enters Greenlink Interconnector Project

Partners Group has provided equity financing for the 500MW Greenlink Interconnector, the subsea connection set to be built between Ireland and Great Britain. Greenlink has so far been developed by Element Power, which, together with funds managed by Hudson Sustainable Investments, is the other major

about 7 years ago
SMC Sets Up Taiwan Branch
Business & Finance

SMC Sets Up Taiwan Branch

Specialist Marine Consultants (SMC) Ltd has established a branch in Taiwan with an aim to support the offshore wind sector in the region. The new branch is located in Taipei and will be managed by SMC’s Operations Director and Taiwan Regional Manager, Dean Coates. “We are extremely pleased to reach

about 7 years ago
PNE Braces for Offshore Hit
Business & Finance

PNE Braces for Offshore Hit

PNE AG has lowered the expected profit for the 2018 financial year due to an anticipated loss of circa EUR 10.8 million invested in three offshore wind projects in Germany. PNE AG made stock value adjustments on the Jules Verne, Nautilus and Nemo projects located in Zone 4 of the German exclusive ec

about 7 years ago
APEM Limited Completes Management Buyout
Business & Finance

APEM Limited Completes Management Buyout

WestBridge Capital has backed the management buyout of APEM Limited, an independent environmental consultancy specialising in the aquatic environment and remote sensing. The deal has seen WestBridge invest GBP 9.8 million in a combination of equity and loan notes, which is expected to support the co

about 7 years ago
Atlas Kicks Off Asia Pacific Offshore Wind Recruitment
Business & Finance

Atlas Kicks Off Asia Pacific Offshore Wind Recruitment

Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region. According to Atlas, the decision came as a response to the demand of professionals for permanent roles, which is growing due to the development of offshore

about 7 years ago
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