Spanish energy company Iberdrola is actively preparing to participate in the next round of offshore wind auctions in Germany scheduled for April 2018.
From April to September 2017, Siemens Gamesa marked strong performance in its offshore business with an increase of 16% in revenues. This contrasts the company’s overall results for the period, as Siemens Gamesa reports a 12.3% fall in revenues.
German offshore wind farms generated 2.2 terawatt hours (TWh) of electricity in October 2017, a 69.2% increase compared to 1.3 TWh of electricity generated offshore Germany in October 2016.
An owner of a U.S. Jones Act compliant wind turbine installation vessel (WTIV) needs a pipeline of at least 3,500MW of confirmed offshore wind projects on the U.S. East Coast to achieve a reasonable rate of return, a report by GustoMSC has shown.
The Gwynt y Môr Community Investment Fund is inviting groups and charities from North Wales to apply for grants of up to GBP 50,000.
Bay State Wind, a partnership between Ørsted (DONG Energy) and Eversource developing the Bay State Wind offshore wind farm offshore Massachusetts, has opened an office in New Bedford.
Bladt Industries reported that it had fabricated its 100th jacket foundation, stating that the company is now first in the world to complete the fabrication of 100 offshore jacket foundations.
Macquarie has provided over GBP 500 million of senior secured debt to fund the acquisition of a 50 per cent share in the Walney Extension project in the UK.
Ørsted’s current installed and decided offshore wind capacity accounts for almost 9GW out of its ambition of 11-12GW by the end of 2025, announced at the beginning of this year.
Ørsted, the former DONG Energy, has signed an agreement to sell 50% of Walney Extension, a 659 MW UK offshore wind farm project to a consortium consisting of PKA and PFA, two Danish pension funds.
Norwegian energy company Statoil plans to sign a power purchase agreement with a U.S. utility by the end of 2018 in order to develop an offshore wind project off New York, a senior company official told Reuters.
Commenting on Fugro’s financial results for the third quarter of 2017, which were below the company’s expectations, CEO Paul van Riel said that Fugro has strong positions in the renewable energy market with good potential for further growth.
NKT’s part of the contract for Borssele Beta, won in a consortium with VBMS, is valued at approximately EUR 90 million. As reported earlier, the contract value for VBMS is approximately EUR 70 million.
Industrial digitalisation could enable significant opportunities for export growth in the UK offshore wind sector, according to the latest UK Made Smarter Review – previously known as the Industrial Digitalisation review.
