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Business & Finance

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German Wind Sector Calls For Q1 2019 Offshore Wind Tender, Volume Expansion
Business & Finance

German Wind Sector Calls For Q1 2019 Offshore Wind Tender, Volume Expansion

Germany’s leading wind industry associations have urged the German government to issue a tender for 1.5GW of available offshore grid capacity in the first quarter of 2019, and to increase the 2030 and 2035 expansion volumes. The associations, BWE, BWO, Stiftung OFFSHORE-WINDENERGIE, VDMA Power Syste

about 7 years ago
Ørsted Freezes Ongoing Supply Chain Contracts in Taiwan
Business & Finance

Ørsted Freezes Ongoing Supply Chain Contracts in Taiwan

Ørsted has suspended the execution of contracts with Taiwan Cogeneration Corporation, China Steel Corporation (CSC) and Century Iron and Steel Industrial (CISI) for the developer’s offshore wind projects in Taiwan, Taiwanese media reports. OffshoreWIND.biz has contacted Ørsted to confirm this, with

about 7 years ago
Chinese Province Approves 6.7GW of Offshore Wind
Business & Finance

Chinese Province Approves 6.7GW of Offshore Wind

The Jiangsu Province in China has approved 24 offshore wind projects with a total capacity of 6.7GW. The total investment in the projects will amount to CNY 122.29 billion, which is approximately USD 18 billion, the provincial authorities stated. According to the government-supported Xinhua Daily ne

about 7 years ago
Ørsted to Hold Hornsea Two Onshore Cable Route Meets
Business & Finance

Ørsted to Hold Hornsea Two Onshore Cable Route Meets

Ørsted is holding a series of community information events about the onshore cable route for the Hornsea Project Two offshore wind project in the UK. According to the Danish company, the aim of the events is that local people in North East Lincolnshire and East Lindsey find our more about the onshor

about 7 years ago
Wind Industry Majors Sign MoU with Danish Government
Business & Finance

Wind Industry Majors Sign MoU with Danish Government

The Government of Denmark has signed a Memorandum of Understanding with wind industry majors with the aim of strengthening and continuing the strong collaboration between the global wind energy industry and the Danish government. The MoU, titled ‘Second to none wind energy framework – think Denmark’

about 7 years ago
RWE to Spend EUR 1.5 Billion on Renewables Annually
Business & Finance

RWE to Spend EUR 1.5 Billion on Renewables Annually

RWE, the renewables businesses of E.ON and innogy, is planning to set aside approximately EUR 1.5 billion net in annual funds for investment mainly in the offshore wind, onshore wind and solar PV sectors. According to RWE, the renewables business will focus on the Americas, key markets in Europe and

about 7 years ago
GWEC Warns Against Offshore Wind Tariff Changes in Taiwan
Business & Finance

GWEC Warns Against Offshore Wind Tariff Changes in Taiwan

The Global Wind Energy Council (GWEC) has called on the government of Taiwan to rethink proposed changes to the Feed-in-Tariff (FiT) for offshore wind projects to avoid the costly lessons made by other markets that pursued a similar approach. GWEC has released new data with supporting examples from

about 7 years ago
Ørsted Inks Fisheries Deal in US
Business & Finance

Ørsted Inks Fisheries Deal in US

Ørsted U.S. Offshore Wind has entered into a partnership agreement with Responsible Offshore Development Alliance (RODA) to improve communication between the commercial fishing industry and offshore wind developers. The aim of this first-of-its-kind partnership is to create an unprecedented opportun

about 7 years ago
TEPCO and Ørsted Form Offshore Wind Pact, First Stop Japan
Business & Finance

TEPCO and Ørsted Form Offshore Wind Pact, First Stop Japan

Japan’s largest power company Tokyo Electric Power Company Holdings, Inc. (TEPCO) and Ørsted have signed a memorandum of understanding to work jointly on offshore wind projects. TEPCO and Ørsted will work jointly on the Choshi offshore wind project near Tokyo, for which TEPCO has been carrying out a

about 7 years ago
Neptun Ship Design Gets New Owner
Business & Finance

Neptun Ship Design Gets New Owner

The German MV WERFTEN has begun the acquisition of Neptun Ship Design as an independent subsidiary with an aim to expand its design capacities. The purchase agreement was signed on 16 January and will become effective after the cartel authorities grant approval. According to MV WERFTEN, the acquisit

about 7 years ago
Vineyard Wind Backs Massachusetts Fisheries Event
Business & Finance

Vineyard Wind Backs Massachusetts Fisheries Event

The U.S. Vineyard Wind is sponsoring a fisheries event in Massachusetts as part of its efforts to connect with the fishing industry in New England. The Massachusetts Lobstermen’s Association Annual Weekend and Trade Show began today, 17 January, and will be taking place until 20 January at the Resor

about 7 years ago
China Takes Lead in 2018 Offshore Wind Investments
Business & Finance

China Takes Lead in 2018 Offshore Wind Investments

Offshore wind attracted USD 25.7 billion of clean energy investment in 2018, a 14% increase compared to 2017, with China being the main contributor to the rise, according to a report by BloombergNEF (BNEF). The increase in 2018 numbers is largely attributed to 13 Chinese offshore wind projects begin

about 7 years ago
FairWind Joins Siemens Gamesa on Formosa 1 Phase 2
Business & Finance

FairWind Joins Siemens Gamesa on Formosa 1 Phase 2

FairWind has signed a Letter of Intent with Siemens Gamesa to collaborate on turbine pre-assembly for the Formosa 1 Phase 2 offshore wind project in Taiwan. Under the agreement, FairWind will hire and train Taiwanese technicians to prepare them for the pre-assembly operations, which are scheduled to

about 7 years ago
GE Haliade-X 12MW Prototype Finds Home in Rotterdam
Business & Finance

GE Haliade-X 12MW Prototype Finds Home in Rotterdam

GE Renewable Energy and Future Wind, a joint venture of Pondera Development and Sif, have signed an agreement to install the first Haliade-X 12MW wind turbine prototype in the Port of Rotterdam this summer. The agreement, which will see the Haliade-X 12MW prototype installed onshore to facilitate ac

about 7 years ago
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