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Business & Finance

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Connecticut Plans State Pier Upgrades to Support Offshore Wind
Business & Finance

Connecticut Plans State Pier Upgrades to Support Offshore Wind

The Governor of Connecticut Dannel P. Malloy is requesting an approval from the State Bond Commission for a USD 15 million investment to upgrade the State Pier in New London and enable it to be used for seven offshore wind projects planned in the northeast.

about 8 years ago
Ørsted to Officially Open 573MW Race Bank on 13 June
Business & Finance

Ørsted to Officially Open 573MW Race Bank on 13 June

Ørsted and its Race Bank project partners, Macquarie and Sumitomo, will hold an inauguration ceremony for the 573MW offshore wind farm in Grimsby, UK, on 13 June.

about 8 years ago
IEA: Offshore Wind Needs to Pick Up Pace
Business & Finance

IEA: Offshore Wind Needs to Pick Up Pace

Offshore wind showed strong signs of progress with 23% generation growth in 2017, but it needs to accelerate even faster to be in line with SDS target, according to the International Energy Agency (IEA).

about 8 years ago
Offshore Wind Opportunity to Redesign North Sea, Report Says
Business & Finance

Offshore Wind Opportunity to Redesign North Sea, Report Says

Offshore wind potential offers opportunity to redesign the North Sea and increase marine biodiversity, according to the latest white paper from Ecofys, which also pointed out that there is an urgent need to improve collaboration and understanding to facilitate the development of a net-positive appro

about 8 years ago
French Floater Proves a Crowdfunding Hit
Business & Finance

French Floater Proves a Crowdfunding Hit

The EolMed consortium developing a floating wind project in the French Mediterranean has launched a crowdfunding campaign with the aim of raising EUR 300 000 to finance the deployment of a Floating LiDAR.

about 8 years ago
Two OOS Offshore Wind-Friendly SSCVs Under Construction
Business & Finance

Two OOS Offshore Wind-Friendly SSCVs Under Construction

China Merchants Heavy Industry started building OOS International’s new semi-submersible crane vessel (SSCV) OOS Walcheren on 24 May at its Jiangsu yard, while the first of the two ordered SSCVs, OOS Serooskerke, is already under construction in Haimen and due for delivery in mid-2019.

about 8 years ago
Natural Power Opens New ControlCentre
Business & Finance

Natural Power Opens New ControlCentre

Scotland’s Energy Minister Paul Wheelhouse has officially opened Natural Power’s new ControlCentre facility in Dumfries and Galloway, from where Natural Power will manage 5GW of onshore and offshore wind, biomass, solar and hydro capacity.

about 8 years ago
SeaTwirl Adds Niche Markets on Path to Large-Scale Floating Wind
Business & Finance

SeaTwirl Adds Niche Markets on Path to Large-Scale Floating Wind

SeaTwirl, Unitech Offshore and Novaton Erneuebare Energien have signed a Letter of Intent to offer hybrid offshore wind and solar power solutions to islands, remote seaside villages, fish farms and desalination plants, which will also give a boost to SeaTwirl in reaching its main target of making it

about 8 years ago
PGE Targets Offshore Wind Pole Position with Polenergia Takeover Bid
Business & Finance

PGE Targets Offshore Wind Pole Position with Polenergia Takeover Bid

Polish state-owned utility Polska Grupa Energetyczna (PGE) has announced a tender offer to acquire a 100% stake in Poland’s largest privately-owned energy company – Polenergia.

about 8 years ago
Massachusetts: Ørsted Dusts Itself Off and Looks at Next Solicitations
Business & Finance

Massachusetts: Ørsted Dusts Itself Off and Looks at Next Solicitations

Ørsted and its joint venture partner Eversource will continue progressing the Bay State Wind project towards the next solicitations in New England and New York, Ørsted’s Executive Vice President Martin Neubert said after the project was not selected under the 83C solicitation in Massachusetts.

about 8 years ago
Polenergia and Equinor Seal Polish Offshore Wind Deal
Business & Finance

Polenergia and Equinor Seal Polish Offshore Wind Deal

Poland’s largest private energy group Polenergia and Norway’s Equinor (formerly Statoil) have officially signed the agreement to jointly own and develop two offshore wind projects in the Polish Baltic Sea with a combined capacity of 1,200MW.

about 8 years ago
New Jersey Solidifies Offshore Wind Commitment
Business & Finance

New Jersey Solidifies Offshore Wind Commitment

New Jersey’s Governor Phil Murphy has signed the A-3723 – the Renewable Energy bill which codifies the goal of 3,500 MW of offshore wind by 2030 and reinstates an expired program to provide tax credits for offshore wind manufacturing activities.

about 8 years ago
Senvion CEO Steps Down
Business & Finance

Senvion CEO Steps Down

German wind turbine manufacturer Senvion has announced that the company’s Chief Executive Officer Jürgen Geißinger is stepping down with the Board’s agreement.

about 8 years ago
Delaware to Hold Two Offshore Wind Workshops
Business & Finance

Delaware to Hold Two Offshore Wind Workshops

Delaware’s Offshore Wind Working Group is hosting two public workshops in May to gather input for Governor John Carney on its draft recommendations regarding the development of offshore wind in the state.

about 8 years ago
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