Business & Finance
UK Companies to Help Boost Chinese Offshore Wind
The Offshore Renewable Energy (ORE) Catapult has launched a new research programme aiming to accelerate Chinese offshore wind development with the help of UK companies.
Adwen Employees Hit as Siemens Gamesa Plans Up to 6000 Lay-Offs
Siemens Gamesa’s ongoing integration of legacy structures will affect up to 6,000 employees and, being part of Siemens Gamesa, Adwen is no exception with some of its people soon to lose their jobs after negotiations with the works council began in May.
Rampion Champions Local Communities
Rampion Offshore Wind Ltd. is launching a GBP 4 million Rampion offshore wind farm community fund which is set to benefit communities across Sussex in South East England.
GeoSea Swoops On G-tec
GeoSea, the geotechnical and offshore solutions specialist of the DEME Group, has acquired a 72.5% stake in G-tec, the Belgium-based contractor specialized in offshore geotechnical and geological site investigations, marine geophysical and environmental surveys and deepsea engineering services.
Four Scottish Offshore Wind Projects Cleared for Takeoff
The Supreme Court in London has rejected RSPB Scotland’s application for leave to appeal the decision by the Inner House of the Court of Session on its Firths of Forth and Tay offshore wind farm judicial review.
Iberdrola Prepping for 2018 German Offshore Wind Auction
Spanish energy company Iberdrola is actively preparing to participate in the next round of offshore wind auctions in Germany scheduled for April 2018.
Onshore Market Conditions Hit Siemens Gamesa, Offshore Wind Yields Good Results
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.
Autumn Storms Push German Wind Farms to New Production Highs
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.
Report: Jones Act WTIV Needs 3.5GW Offshore Wind Capacity Pipeline
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.
Gwynt y Môr Fund Goes Big with GBP 50,000 Grants
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 Launches New Bedford Office
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 First Foundation Manufacturer with 100 Produced Jackets
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 Makes First Offshore Wind Investment Since Taking Over Green Investment Group
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 a Couple of Gigawatts Away from Its 2025 Offshore Wind Ambition
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.