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Business & Finance

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Damen Receives Fast Crew Supplier Order in Taiwan
Business & Finance

Damen Receives Fast Crew Supplier Order in Taiwan

Hung Hua Construction (HHC), a Taiwanese dredging and nearshore construction company, has placed an order with Damen for two fast crew supply vessels of the latest FCS 2710 class. The two vessels, for which a contract was signed at the end of January, will be built at Damen Shipyards Singapore and a

about 7 years ago
Ørsted to Power Air Products’ UK Sites
Business & Finance

Ørsted to Power Air Products’ UK Sites

Ørsted has entered into a partnership with Air Products to provide renewable electricity to the company’s production sites in the UK. Under the agreement, Ørsted will supply electricity from 11 of its offshore wind farms to all the Air Products’ UK production sites which supply merchant customers wi

about 7 years ago
Offshore Wind Keeps Fugro Busy
Business & Finance

Offshore Wind Keeps Fugro Busy

Fugro has recently secured several offshore wind-related contract awards in the USA and in the Netherlands. The company has been selected to carry out geotechnical site investigations at the Hollandse Kust West offshore wind zone in the Dutch North Sea. The 1.4GW Hollandse Kust West is one of the th

about 7 years ago
Financial Drop Leads Senvion to Transformation Scheme
Business & Finance

Financial Drop Leads Senvion to Transformation Scheme

Senvion has started to implement a transformation program to eliminate operational inefficiencies which led to a loss of revenue and profit in the 2018 financial year. Senvion stated that the immediate measure is focusing on disciplined execution throughout the installation chain with a target to re

about 7 years ago
Shell Keen On UK Offshore Wind Despite Looming Brexit – Reuters
Business & Finance

Shell Keen On UK Offshore Wind Despite Looming Brexit – Reuters

Shell is interested in entering the UK offshore wind market, Mark Gainsborough, executive vice president at Shell New Energies, told Reuters. The company plans to crack the UK offshore wind market through either acquiring a share in an existing project, acquiring an entire project, or by securing se

about 7 years ago
Siemens Gamesa Signs Training Deal with UK College
Business & Finance

Siemens Gamesa Signs Training Deal with UK College

Siemens Gamesa has entered into a partnership with the North Lindsey College for the provision of apprenticeship training in the UK. The two parties will develop a customized program that will provide training for individuals from the UK applying for a place on the Siemens Gamesa turbine O&M technic

about 7 years ago
Offshore Wind Lifts Northland Power’s 2018 Figures
Business & Finance

Offshore Wind Lifts Northland Power’s 2018 Figures

Northland Power has reported CAD 1.4 billion in gross profit in 2018, a 17% increase, said to be primarily due to all turbines of the Nordsee One offshore wind farm producing power and higher wholesale market prices at the Gemini project. The two wind farms, as well as thermal projects Thorold and N

about 7 years ago
Boskalis Buys Into Horizon Group
Business & Finance

Boskalis Buys Into Horizon Group

Royal Boskalis Westminster has acquired a 62.5% majority stake in the UAE-based Horizon Group, a provider of marine geophysical and geotechnical services. According to Horizon, the remaining 37.5% will stay unchanged and held by the company’s management. “Through this transaction, we are adding an i

about 7 years ago
Wind Power Grows in Europe’s Electricity Mix
Business & Finance

Wind Power Grows in Europe’s Electricity Mix

Wind energy provided 14% of the EU’s electricity in 2018, which is an increase from 12% in 2017, according to statistics by WindEurope. Last year, wind power capacity rose by 11.3GW in Europe, with 2.65GW offshore and 8.6GW onshore. According to WindEurope, continued growth in capacity and the use o

about 7 years ago
PPAs Signed for Three Offshore Wind Projects in Taiwan
Business & Finance

PPAs Signed for Three Offshore Wind Projects in Taiwan

Taipower has signed power purchase agreements (PPAs) with China Steel Corp (CSC) and Copenhagen Infrastructure Partners (CIP) for three offshore wind projects, the local media reported. The PPAs were signed for the 300MW Chong Neng project, developed jointly by CIP and CSC, as well as for CIP’s 552M

about 7 years ago
DEME Unites Offshore Activities
Business & Finance

DEME Unites Offshore Activities

DEME Group has integrated the activities of its subsidiaries GeoSea, Tideway, A2Sea and EverSea into one business. DEME Offshore will combine renewable energy and oil & gas activities, as well as other offshore related activities. Hugo Bouvy is the Managing Director of the new business, with Bart De

about 7 years ago
Wind Energy Safety Training Numbers Rise
Business & Finance

Wind Energy Safety Training Numbers Rise

An estimated 5-10% of the global workforce in wind energy is trained to GWO standards, according to the Global Wind Organisation (GWO). At the end of 2018, 74,432 persons, which represents a 65% increase, held a valid certificate for the training, the non-profit reported. In addition, 68 new GWO cer

about 7 years ago
Carbon Trust Issues Suction Caissons Guideline
Business & Finance

Carbon Trust Issues Suction Caissons Guideline

The Carbon Trust has published guidelines on the use of suction caissons on offshore wind farms with an aim to increase their usage. The Offshore Wind Accelerator (OWA) Suction Installed Caisson Foundation Design Guidelines features research and understanding to provide clarity and guidance for engi

about 7 years ago
The Crown Estate Collects Round 4 Feedback
Business & Finance

The Crown Estate Collects Round 4 Feedback

The Crown Estate is reviewing the feedback on its proposals for the fourth round of offshore wind leasing in the UK, which will help finalize the plans. An update on the plans will be shared before a proposed launch and once The Crown Estate reviews all the feedback from the market and shareholders

about 7 years ago
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