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Business & Finance

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Ørsted Allots GBP 75,000 in Skills Fund First Round
Business & Finance

Ørsted Allots GBP 75,000 in Skills Fund First Round

Ørsted has announced the winners of the first round of its new GBP 75,000 Skills Fund, a part of the company’s GBP 465,000 East Coast Community Fund.

about 8 years ago
OilMac Lifts Offshore Wind Operations in Port of Dundee
Business & Finance

OilMac Lifts Offshore Wind Operations in Port of Dundee

Oilfield Machinery Ltd (OilMac) has invested in its OM Heavy Lift division with a new crane said to be a vital asset for future offshore wind projects in the Port of Dundee, Scotland.

about 8 years ago
Offshore Wind Innovators Starts Gathering Pace (Expertise Hub VIDEO)
Business & Finance

Offshore Wind Innovators Starts Gathering Pace (Expertise Hub VIDEO)

A Dutch start-up Offshore Wind Innovators is gaining momentum and has reached its goal to attract 100 companies to join the network by year-end, as Martin Weissmann, Innovation Manager at Offshore Wind Innovators, hoped for.

about 8 years ago
Green Giraffe Enters Taiwanese Offshore Wind Venture
Business & Finance

Green Giraffe Enters Taiwanese Offshore Wind Venture

Green Giraffe has signed a Memorandum of Understanding (MoU) with Taiwanese organizations for the cooperation on Taiwan’s green financial planning and renewable energy development, including better safety of offshore wind projects.

about 8 years ago
BVG Associates: 30% LCoE Reduction Still to Be Had by 2030 (Expertise Hub VIDEO)
Business & Finance

BVG Associates: 30% LCoE Reduction Still to Be Had by 2030 (Expertise Hub VIDEO)

Cost reductions in the offshore wind industry will continue and we expect to see a further 30 percent cut to the current Levelised Cost of Energy (LCoE) by 2030, Mike Blanch, Associate Director, BVG Associates, said.

about 8 years ago
Wpd to Assist Taiwan with Promoting Offshore Wind Investments
Business & Finance

Wpd to Assist Taiwan with Promoting Offshore Wind Investments

German wind power developer wpd AG has signed a Memorandum of Understanding with CR Classification Society, two Taiwan’s research and development bodies, and representatives from engineering think tanks, and will assist Taiwan in reaching its aim of increasing domestic financial operators’ willingne

about 8 years ago
EnBW Picks Emden as North Sea Wind Farm Base
Business & Finance

EnBW Picks Emden as North Sea Wind Farm Base

EnBW Energie Baden-Württemberg AG has decided to build an Operations & Maintenance (O&M) base on an airfield in Emden, Germany, for the company’s offshore wind farms in the North Sea.

about 8 years ago
Offshore Wind Innovators Unveils 2017 Award Winners
Business & Finance

Offshore Wind Innovators Unveils 2017 Award Winners

Offshore Wind Innovators announced the Offshore Wind Innovators Award 2017 winners at the Netherlands Offshore Wind Q-meeting organized by Siemens and Van Oord on 6 December.

about 8 years ago
Ørsted Names Seacat Safety Champion
Business & Finance

Ørsted Names Seacat Safety Champion

Ørsted has given Seacat Services a Safety Champion award for safety standards set by its crews and operations personnel working at the 573MW Race Bank offshore wind farm located off the North Norfolk coast, UK.

about 8 years ago
Offshore Wind Industry Could Spend USD 119 Million on Helicopters by 2022
Business & Finance

Offshore Wind Industry Could Spend USD 119 Million on Helicopters by 2022

Westwood Global Energy Group expects USD 119 million of offshore wind-related helicopter expenditure over the period 2018-2022 with a CAGR of 39%, as the world could see the number of installed offshore wind turbines reaching 10,000 by 2022.

about 8 years ago
Sumitomo: Offshore Wind Investors Must Find Way to Handle Merchant Risk (Expertise Hub VIDEO)
Business & Finance

Sumitomo: Offshore Wind Investors Must Find Way to Handle Merchant Risk (Expertise Hub VIDEO)

Zero subsidy offshore wind projects leave the actual electricity price as the only source of income and it is quite difficult for traditional investors such as banks to finance these projects, because that would mean that the banks lending the money must agree to take on the merchant risk, said Chri

about 8 years ago
M2 Subsea Appoints Renewables and Decommissioning Business Development Manager
Business & Finance

M2 Subsea Appoints Renewables and Decommissioning Business Development Manager

M2 Subsea has appointed David Sinclair, former Bibby Offshore Engineering and Innovation Manager, as Business Development Manager for renewables and decommissioning to its European business development team.

about 8 years ago
James Fisher Acquires EDS HV
Business & Finance

James Fisher Acquires EDS HV

James Fisher has announced the acquisition of the entire share capital of EDS HV, the UK-based high voltage engineering company which recently signed a contract with the offshore wind giant Ørsted for its UK offshore wind farms.

about 8 years ago
Vattenfall Gives Reasons for Choosing Siemens Gamesa 8MW Turbine
Business & Finance

Vattenfall Gives Reasons for Choosing Siemens Gamesa 8MW Turbine

Vattenfall has chosen the new 8MW Siemens Gamesa wind turbine for its Danish offshore wind farms because it “was simply the cheapest choice in the market measured by cost per generated megawatt-hour electricity,” Michael Simmelsgaard, Head of Offshore Wind and Country Manager for Vattenfall in Denma

about 8 years ago
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