Business & Finance
New York Reveals Offshore Wind Power Play
New York State Governor Andrew Cuomo has called for a procurement of at least 800MW of offshore wind power between two solicitations to be issued in 2018 and 2019.
Business Moves on Offshore Wind 2017 Chessboard
Throughout the year behind us, we witnessed numerous business moves within the industry from mergers and takeovers to companies securing their positions in non-domestic markets where offshore wind is about to take off. Here, Offshore WIND is reminding of only few of the big business news from 2017.
Offshore ReWIND: The Most Read News in 2017
The Offshore WIND editorial staff brings the most read news in 2017 chosen by you, our readers. From new technologies in the offshore wind industry to the development of subsidy-free bids, 2017 has shown us that the sector is developing faster than anyone had anticipated.
German Offshore Wind Farms Breeze Past Annual Generation Record
German offshore wind farms have generated over 17 terawatt-hours (TWh) of electricity in 2017, according to the data compiled by the Institute of the Renewable Energy Industry (Internationales Wirtschaftsforum Regenerative Energien).
Eolfi Hits a Setback in Taiwan
Taiwan’s Environmental Protection Administration (EPA) has returned an Environmental Assesment Report (EIA) of a floating wind project developed by Eolfi back to the Bureau of Energy, citing navigation safety concerns.
CIP Fund Nears EUR 3 Billion Mark
Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure III (CI III) had its sixth close on 27 December with total commitments reaching approximately EUR 2.8 billion after nine months of fundraising.
TMA Logistics Eyes Offshore Wind
TMA Logistics B.V. has announced it hopes to expand its offshore wind activities after Hutchison Ports’ acquisition of the company’s 50% shareholding.
TRIG Enters Offshore Wind Picture with Sheringham Shoal Buy
London-listed investment company The Renewables Infrastructure Group Limited (TRIG) has acquired a 14.7% indirect equity interest in the Sheringham Shoal offshore wind farm located off the coast of Norfolk, UK.
Report: Ørsted Not Competing in Dutch Zero Subsidy Offshore Wind Tender
Danish offshore wind developer Ørsted did not submit a bid in the subsidy-free round of the Hollandse Kust Zuid I & II offshore wind farm tender in the Netherlands, Reuters reported the company’s chief strategy officer Martin Neubert as saying.
Ecosse Subsea’s Offshore Wind Involvement Boosts Turnover
Ecosse Subsea has increased its turnover and underlying earnings in the current financial year largely due to a number of completed offshore wind and interconnector projects, the company said.
Nordsee One Refinances Loan Facility
Nordsee One GmbH, the owner and developer of the 332MW Nordsee One offshore wind farm, has closed the restructuring of its term loan facility, significantly improving pricing conditions, according to Green Giraffe.
Eolfi and Cobra Strike Up a Partnership in Taiwan
French floating wind developer Eolfi and Spain’s Cobra Concesiones have formed a partnership in Taiwan by which Cobra Concesiones finalized its shareholding in Eolfi Greater China.
Japan Set to Open New Offshore Wind Territories
Japan Wind Power Association (JWPA) has urged the Japanese government to introduce a new law which will allow construction of offshore wind farms in the ”general common sea area”.
Bay State Wind to Bring USD 1 Billion to Massachusetts, Kick-Start US Offshore Wind Fleet
The proposed Bay State Wind wind farm project will bring USD 1 billion direct investment to Massachusetts and will support the construction of the first purpose-built Jones Act-compliant installation and transportation vessels, the developers said.