Business & Finance
Hunger for UK Offshore Wind Grows
The Crown Estate has received eight applications to extend existing wind farms offshore the UK by a total of 3 gigawatts (GW) capacity.
North Sea Union Potential for Offshore Wind Cost-Reduction
First calculations show that cost-reduction of up to 30% could be achieved by the North Sea countries cooperating on offshore wind roll-out in comparison to each country connecting its own wind farms, according to Lars Barfoed, Board Chairman at Energinet.
Siemens Gamesa 8MW Wind Turbines to Spin Offshore Taiwan
Siemens Gamesa Renewable Energy has signed a preferred supplier agreement with wpd offshore for the 640MW Yunlin offshore wind project in Taiwan.
Offshore Wind Cushions Jan De Nul from Rough Dredging, Oil & Gas Markets
Jan De Nul has reported a 2017 decline in the dredging market which, together with challenging conditions in the oil & gas industry, left a mark on its financial results. In the light of this, the company emphasised the role offshore wind had in its performance last year, adding that it sees further
Ørsted Awards Third Round East Coast Community Fund Grants
Ørsted has awarded nineteen organizations from Yorkshire, Lincolnshire and North Norfolk in the UK with grants from the third round of its East Coast Community Fund.
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.
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.
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).
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
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.
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.
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.
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
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.