Business & Finance
Offshore Wind Demonstrates Unprecedented Cost Cuts
After the UK government awarded three offshore wind projects with Contracts for Difference (CfDs), RenewableUK and Offshore Renewable Energy (ORE) Catapult commented on the news, highlighting the major decline in the cost of offshore wind.
DONG Reaches FID for World’s Biggest Offshore Wind Farm
DONG Energy has taken a Final Investment Decision for its Hornsea Project Two, following the UK government’s allocation of the Contracts for Difference (CfD) and the offshore wind giant winning a CfD for what will become the world’s biggest wind farm.
Triton Knoll Developers Set Out Project Timeline, Call For More CfD Auctions
Statkraft and innogy, the developers of the 860MW Triton Knoll wind farm off Lincolnshire, England, plan to take the Final Investment Decision (FID) on the project by mid-2018.
Global Maritime Enters Taiwanese Offshore Wind Picture
UK-based Global Maritime has signed a Memorandum of Understanding (MOU) with a number of Taiwanese organisations to develop closer cooperation on offshore wind technologies including marine warranty surveys, inspections and testing services.
UK Braces for CfD Auction Results, Offshore Wind Expected to Steal the Show
RenewableUK is predicting a significant fall in the cost of offshore wind when the results of long-awaited competitive auctions for new contracts to provide clean electricity are unveiled next week.
RenewableUK: UK Offshore Wind Close to 50% Domestic Content Mark
A new report delivered by RenewableUK has revealed that a high number of UK companies are involved in the development, construction and operation of offshore wind farms in Britain.
Vattenfall Commits to EOWDC Community Fund
Swedish energy company Vattenfall, the developer of the 92.5MW European Offshore Wind Deployment Centre (EOWDC) in the Aberdeen Bay, is creating an annual cash fund scheme to support the communities in Aberdeen and the Aberdeenshire.
SeaRoc Expands Team
UK-based SeaRoc Group has announced the expansion of its team with a number of new hires throughout the second quarter of 2017.
LOC Renewables Inks Taiwanese Offshore Wind MoU
LOC Renewables, a part of LOC Group, has signed a Memorandum of Understanding (MoU) with four other parties to work together on furthering offshore wind farm development and construction in Taiwan.
GeoSea Puts A2SEA Straight to Work
A2SEA has signed an agreement to install 66 transition pieces (TPs) on the 396MW Merkur offshore wind farm for its new parent company – GeoSea.
Groningen Boasts Offshore Wind Plenty
The area above the Wadden Islands in the Dutch North Sea can accommodate offshore wind farms with a combined capacity of at least 10GW, according to a research report commissioned by the province of Groningen.
IMCA Applauds UK Extending Offshore Wind Immigration Rules Concession
The International Marine Contractors Association (IMCA) has welcomed the one-year extension by the UK Home Office of the concession to UK immigration rules concerning workers joining vessels engaged in the construction and maintenance of offshore wind projects.
New Development Bank Bankrolls Chinese Offshore Wind Farm Project
The BRICS New Development Bank (NDB) and the government of China have signed a CNY 2 billion loan agreements to finance the 250MW Fujian Putian Pinghai Bay offshore wind power project off the province of Fujian.
SSE Commits to Dogger Bank JV Partnership with Statoil
Scotland’s energy company SSE has confirmed the formation of a 50:50 joint venture (JV) partnership with Norway’s Statoil to progress three of the four consented Dogger Bank offshore wind projects towards financial investment decisions.