Business & Finance
Varvsudden Puts New Foundation Production Facility on Swedish Horizon
Varvsudden, Heavy Industry Park of Öresund, plans to set up a production facility for offshore wind foundations at its site in Sweden. The company awarded Himec Solutions the role of a technical adviser covering design and business development of the production facility.
EEEGR, Orbis, UK DIT Discuss Offshore Wind Opportunities Over Breakfast
Managers from companies in the local supply chain met for breakfast on Tuesday morning at the Orbis Energy building in Lowestoft to hear a presentation delivered over a video link from Michiel Hendrickx, the UK Department for International Trade’s (DIT) Senior Trade Advisor in the Netherlands.
USTDA Continues Support for Vietnam’s Offshore Wind with New Grant
The U.S. Trade and Development Agency (USTDA) has awarded a grant to Power Engineering Consulting Joint Stock Company 2 (PECC2), a Vietnamese power engineering company, to support development of the 100MW Tan Thuan nearshore wind farm in southern Vietnam.
UK Supply Chain Companies Explore Offshore Wind Links with Taiwan
The UK Department for International Trade and NOF Energy will take 38 delegates from 24 companies from UK’s offshore wind supply chain to Taiwan, aiming to build relationships between UK and Taiwanese companies and organisations.
Fugro Plans to Appoint Øystein Løseth as New CEO
Fugro’s Supervisory Board has decided to nominate Øystein Løseth as the company’s new CEO after Paul van Riel, who currently holds the position, retires in April 2018.
Dutch Strengthening Offshore Wind Cooperation with China
An offshore wind delegation from the Netherlands is currently visiting China to intensify Sino-Dutch offshore wind cooperation and knowledge exchange.
EU and India Reinforce Clean Energy and Climate Action Ties
The European Union (EU) and India have adopted a joint statement on clean energy and climate change at the EU-India summit on 6 October in Delhi, India.
K2 Management Acquires Prevailing
K2 Management and Prevailing have entered into an agreement under which K2 Management will acquire the UK-based yield analysis consultancy, the companies informed, leaving the acquisition price undisclosed.
Fugro, IOVTEC to Install LiDAR Buoy off Taiwan
Fugro and International Ocean Vessel Technical Consultant (IOVTEC) will install a LiDAR buoy off the Taiwanese coast in January 2018 to collect wind resource data.
Innogy to Refinance Four OWFs with Its First Green Bond
On 12 October, innogy issued its first Green Bond worth EUR 850 million and will use the proceeds to refinance four offshore wind farms in the UK and Germany and one onshore wind farm in the Netherlands.
Innogy Announces Financial Independence from RWE
Innogy has informed that it achieved its financial independence from RWE on 6 October by signing a stand-alone credit agreement of EUR 2 billion.
Dudgeon Offshore Wind Farm Fully Commissioned, Starts Receiving CfD Payments
The 402MW Dudgeon offshore wind farm entered full operation in October and has started receiving difference payments on generated electricity.
Global Marine Acquires Fugro’s Cable Laying Business in EUR 61 Million Deal
Global Marine Group is set to acquire Fugro’s trenching and cable laying business after the two companies signed an agreement under which Fugro will, in return, get an equity stake of 23.6% in Global Marine Holdings.
Statkraft Exits Triton Knoll Project
Statkraft has continued executing its plan to exit offshore wind and has now sold its stake in the 860MW Triton Knoll project to innogy, thus making innogy the sole owner.