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Business & Finance

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North Star Renewables’ SOVs at an offshore wind farm, artist impression
Business & Finance

North Star Makes Grand Entrance into Offshore Wind with Dogger Bank

Aberdeen-based company North Star Renewables has won the tender for the delivery of three service operation vessels (SOVs) for the 3.6 GW Dogger Bank project, which is set to become the world’s biggest offshore wind farm. Under a contract worth approximately GBP 270 million (around EUR 316 million),

about 5 years ago
RWE, ORE Catapult Studying Scottish Potential for Concrete Foundation Production
Business & Finance

RWE and ORE Catapult to Study Production of Concrete Floaters in Scotland

RWE has partnered with Offshore Renewable Energy (ORE) Catapult to study the potential for Scottish businesses to produce commercial-scale concrete foundations for floating wind projects. The study will identify key manufacturing and fabrication methodologies and constituent materials required to pr

about 5 years ago
RWE Taking Majority Ownership of Rampion Offshore Wind Farm
Business & Finance

RWE Taking Majority Ownership of Rampion Offshore Wind Farm

German energy company RWE has taken over an additional 20 per cent stake in the Rampion wind farm off the UK from E.ON. Following the closing of the transaction in the first half of 2021, RWE will control a 50.1 per cent stake in the 400 MW wind farm off Sussex. Confidentiality has been agreed [&hel

about 5 years ago
UK to Invest GBP 95 Million in Two New Offshore Wind Ports
Business & Finance

UK to Invest GBP 95 Million in Two New Offshore Wind Ports

The UK government plans to invest up to GBP 95 million (around EUR 111 million) to build two new offshore wind port hubs on the Humber and on Teesside. Teesworks Offshore Manufacturing Centre, on the River Tees, will benefit from up to GBP 20 million. As previously reported, Able Marine Energy Park,

about 5 years ago
Blade manufacturing works underway at LM Wind Power factory in Cherbourg, France
Business & Finance

GE to Build New Factory for 107-Metre Offshore Wind Turbine Blades

GE Renewable Energy plans to open a new factory in Teesside in the North East of England, where it will manufacture 107-metre-long blades for the Haliade-X offshore wind turbine. The new manufacturing plant, which will be set up and operated by GE-owned LM Wind Power, is planned to be opened in 2023

about 5 years ago
A jack-up vessel at an offshore wind farm
Business & Finance

Global Offshore Wind O&M Market to Reach EUR 10 Billion by 2029

The global offshore wind operations and maintenance (O&M) market is expected to grow 16 per cent annually and reach EUR 10 billion by 2029. Europe will remain the biggest O&M market by region, while China will become the biggest single market in terms of national markets. This is according to the la

about 5 years ago
Ocean Ecology and Åkerblå Jointly Target Offshore Wind
Business & Finance

Ocean Ecology and Åkerblå to Work Together in Offshore Wind

Norwegian environmental and technical consultancy Åkerblå Group is buying into UK-based marine and environmental survey specialist Ocean Ecology with an aim to work in offshore wind. Åkerblå Group is acquiring 51% of the shares in Ocean Ecology, while the founders and current owners will retain the

about 5 years ago
Visualisation of the planned Able Marine Energy Park
Business & Finance

Able UK Gets Government Funding for Offshore Wind Upgrade

The UK government has selected Able UK’s Able Marine Energy Park (AMEP) for funding under the Offshore Wind Manufacturing Investment Scheme, which will ensure the port infrastructure can accommodate next generation offshore wind activities. “The government will make an offer of support, in principle

about 5 years ago
Diamond Transmission Partners Buys Hornsea One Link
Business & Finance

Diamond Transmission Partners Buys Hornsea One Link

Diamond Transmission Partners has signed an agreement with the owners of the Hornsea One offshore wind farm to acquire the project’s transmission assets. The transmission assets hold an asset value of GBP 1.175 billion and include the onshore substation, export cables, the offshore reactive compensa

about 5 years ago
Ørsted Opens Applications for Apprenticeship Programme
Business & Finance

Ørsted Opens Applications for Apprenticeship Programme

Ørsted has opened up applications for its wind turbine technician apprenticeship programme in the UK. The programme spans across three and a half years and sees apprentices studying locally for their first year before getting hands on experience working offshore and across the company in their secon

about 5 years ago
CS Wind UK tower manufacturing facility
Business & Finance

UK to Fund Offshore Wind Manufacturing in Disadvantaged Regions

The UK Department for Business, Energy and Industrial Strategy (BEIS) has launched an Offshore Wind Investment Programme to support the delivery of manufacturing investment in the offshore wind supply chain in disadvantaged or deprived regions in the UK. UK-registered businesses can apply until 11:5

about 5 years ago
An offshore wind farm with a wind turbine up close
Business & Finance

RenewableUK: Projects Like Norfolk Vanguard Needed to Reach UK’s Offshore Wind Target

Commenting on the UK’s High Court ruling on the Norfolk Vanguard offshore wind project, RenewableUK’s Deputy Chief Executive Melanie Onn said that such projects need to go ahead as swiftly as possible in order for the UK to achieve its goal of having 40 GW of offshore wind by 2030. New offshore wind

about 5 years ago
An East Point Geo team mobilising for an offshore project
Business & Finance

AqualisBraemar LOC Continues Acquisition Spree, Buys East Point Geo

AqualisBraemar LOC Group is acquiring East Point Geo, a UK-based geoscience consultancy in the offshore and onshore renewable energy and oil and gas sectors. AqualisBraemar LOC, which has entered into a definitive agreement to obtain 100 per cent of the share capital of East Point Geo Limited, said

about 5 years ago
Blue Gem Sets Up Met Mast to Assess Celtic Sea Floating Wind Potential
Business & Finance

Blue Gem Sets Up Met Mast to Assess Celtic Sea Floating Wind Potential

Blue Gem Wind has received planning consent from the Pembrokeshire Coast National Park Authority to install a temporary met mast to study the floating offshore wind potential in the Celtic Sea. The 120-meter met mast and onshore monitoring equipment is provided by local supplier Solar Wheel. Due to

about 5 years ago
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