Marine renewables developer Atlantis Resources has signed a Strategic Partnership Agreement (SPA) with South Korean offshore construction giant Hyundai Engineering & Construction to collaborate on the development of ocean power renewable projects globally.
U.S. Democratic Senators Edward Markey, Sheldon Whitehouse, and Congressman Jim Langevin have reintroduced legislation that would extend tax credits for the offshore wind industry beyond 2019.
Danish fund management company Copenhagen Infrastructure Partners (CIP) has acquired three offshore wind sites under development in Taiwan with a combined capacity of 1,500MW.
In 2016, Europe raised a total of EUR 43 billion for the construction of new wind farms, refinancing operations, project acquisitions, and public market fundraising. Out of EUR 27.6 billion reached in new asset financing, offshore wind accounted for a record-breaking EUR 18.2 billion, while onshore
German wind turbine maker Senvion reported EUR 90.6 million revenue from the sale of offshore wind turbines in the first three months of 2017, a 217.9 jump compared to EUR 28.5 million revenue recorded in the first quarter of 2016.
Siemens has started building a EUR 35 million test center in Nuremberg for the latest generation of power converters used in high-voltage transmission projects.
Germany’s GICON and the U.S.-based Glosten are forming a strategic business relationship to develop a Tension Leg Platform (TLP) offshore wind foundation.
The Offshore Wind Innovation Hub (OWIH) has launched its new website which includes an evidence-based identification of UK offshore wind innovation priorities, supply chain growth opportunities and a view of the funding landscape.
The 200MW Trianel Windpark Borkum II (TWBII) offshore wind farm project in the German North Sea has reached financial close, Green Giraffe said. Green Giraffe was the sole financial advisor to TWBII, initially owned by EWE and Trianel. Green Giraffe helped arrange the sale of a minority stake to ewz
Integrated shipping services provider Clarksons Platou has consolidated its renewables experts into a dedicated global division to provide ship broking, market intelligence and commercial services specifically to the offshore renewables market.
German wind farm developer PNE Wind recorded a solid start in 2017 driven largely by the offshore wind segment.
Xodus Group and Green Marine have teamed up to launch a new integrated service for the maintenance of offshore renewable assets, utilising Xodus’ integrity management software tool XAMIN to capture and monitor live data from offshore assets with Green Marine providing the physical offshore inspectio
The Baltimore City Council has voted 14 – 0 in favour of a resolution urging the Maryland Public Service Commission to approve one or both of the offshore wind farm proposals currently under consideration, the Clean Water Action reports
Following the announcement that EnBW reached the final investment decision for the 112MW Albatros offshore wind farm, the German energy company said that the supply contracts for all main infrastructure work for the project are now concluded.
