Business & Finance
Report: Offshore Wind on Fast Track to Cost Competitiveness
Offshore wind could potentially be fully integrated into the market on a competitive basis in some European countries within the next decade, according to a new report published by the International Energy Agency’s Renewable Energy Technology Deployment programme (IEA-RETD).
TenneT Issues Hollandse Kust Export Cables Call
Dutch transmission system operator TenneT has invited tenders for provision and installation of high voltage alternating current (HVAC) cables that will connect the three offshore substations at the 1.4GW Hollandse Kust (zuid) and the 700MW Hollandse Kust (noord) offshore wind farm zones to the main
EC Okays Danish Support for Kriegers Flak Offshore Wind Farm
The European Commission has found support to be granted to the 600MW Kriegers Flak offshore wind farm in Danish territorial waters to be in line with EU state aid rules.
The Switch Reports 80% Net Sales Increase Boosted by Offshore Wind
The Switch, a specialist in drive train technology, has reported a net sales increase of 80% from EUR 40 million to more than EUR 72 million over the last year, with the Chinese wind power market and European offshore wind projects driving the company’s growth.
Offshore Wind Could Bring GBP 2.9 Billion to UK Economy by 2030
ORE Catapult published a new report on 28 March, highlighting the economic benefits of a strong UK offshore wind industry, which could be worth as much as GBP 2.9 billion to the UK economy by 2030.
Eversheds Sutherland Navigates Through Dogger Bank Deal
International law firm Eversheds Sutherland acted for the Forewind consortium as Statoil and SSE increased their shares in the 4.8GW Dogger Bank offshore wind project after acquiring additional stakes from exiting consortium partner Statkraft.
Top News of the Week, 20 – 26 March 2017
Denmark Makes Room for Testing 330m Tall Wind Turbines Danish Government has approved the expansion of the national wind turbine test centres in Østerild and Høvsøre. Four new sites will be added, facilitating testing of turbines of up to 330 metres. BNEF: 237MW of Floating Offshore Wind by 2020 The
Shell Plans USD 1 Billion of New Energies Investment a Year
Oil and gas giant Shell plans on increasing investments in its newly-established New Energies division to up to USD 1 billion a year by the end of the decade, according to our sister site Offshore Energy Today.
SMC Monitoring Race Bank Turbine and Inter-Array Cable Installation
North Yorkshire-based Specialist Marine Consultants has won a contract to provide client representatives to monitor turbine installation and inter-array cable installation works on DONG Energy’s 573MW Race Bank offshore wind farm off North Norfolk.
Statkraft Reveals Its Future Role in UK Offshore Wind
Norway’s Statkraft is pressing on with the strategy to sell its offshore wind assets; however, the energy company plans to continue to participate as an enabler of the development and operation of offshore wind projects in the UK through entering into power purchase agreements.
Statoil Throws Down Offshore Wind Turbine O&M Innovation Challenge
Statoil is seeking proposals for equipment and procedures to facilitate efficient heavy maintenance operations on floating and far offshore wind turbines without the use of jack-up vessels or large floating crane vessels.
DORIS Renewables Starts with French Floating Wind Projects
The first projects DORIS Renewables – a recently set up renewable energy division of the DORIS Engineering group – will handle include Provence Grand Large and EolMed floating wind projects in France, the company informed in its latest press release.
TSOs Sign North Sea Wind Power Hub Deal
Representatives of Dutch, Danish and German transmission system operators will sign an agreement to develop the North Sea Wind Power Hub during the first meeting of the North Seas Energy Forum held in Brussels today.
Adwen Takes First Step on French Factories. Building Them Depends on Other Factors
Adwen has filed applications for construction permits for two wind turbine manufacturing factories in Le Havre, France, the company confirmed to Offshore WIND following reports in French media.