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Business & Finance

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Port of Davisville Counting on Offshore Wind, Upgrading Pier 2
Business & Finance

Port of Davisville Counting on Offshore Wind, Upgrading Pier 2

Quonset Development Corporation (QDC) has started working on modernising and rehabilitating Pier 2 at the Port of Davisville, after receiving an approval for a USD 50 million general obligation bond for the redevelopment of the pier in November 2016.

about 9 years ago
UK OWF Construction Spikes in 2016, Further GBP 23.2Bn in Pipeline
Business & Finance

UK OWF Construction Spikes in 2016, Further GBP 23.2Bn in Pipeline

The total construction value of UK offshore wind projects reached GBP 4.1 billion in 2016, up from GBP 2.45 billion in 2015, with offshore wind farms alone accounting for 42% in the utilities and power sector and 21% of the entire infrastructure sector.

about 9 years ago
Taiwan Reaffirms 20%-by-2025 Renewable Energy Target
Business & Finance

Taiwan Reaffirms 20%-by-2025 Renewable Energy Target

Taiwan’s government plans to phase out nuclear power plants and have an energy mix containing 50% natural gas, 30% coal and 20% renewable energy by 2025. The country’s energy plan, announced by Taiwan’s President Tsai Ing-wen, also involves improvement of the power distribution system.

about 9 years ago
DONG to Start Walney Extension Offshore Works Next Week
Business & Finance

DONG to Start Walney Extension Offshore Works Next Week

DONG Energy will start the offshore construction at the 660MW Walney Extension offshore wind farm off Cumbria next week with initial preliminary installation works on the seabed. The project, located next to the 367.2MW Walney 1 & 2 offshore wind farms, will be the largest wind farm in the world whe

about 9 years ago
Sweden’s SEB Issues First Green Bond
Business & Finance

Sweden’s SEB Issues First Green Bond

Swedish bank SEB has issued its first green bond of EUR 500 million last Friday for loans to green initiatives.

about 9 years ago
US Governors Urge Trump to Adopt Long-Term Offshore Wind Policy
Business & Finance

US Governors Urge Trump to Adopt Long-Term Offshore Wind Policy

A bi-partisan group of twenty US state governors has urged president Donald Trump to adopt a comprehensive offshore wind development legislation with a particular focus on a long-term extension of a thirty percent investment tax credit (ITC). In a letter to president Trump, the Governors’ Wind & Sol

about 9 years ago
Castrol Takes Majority Stake in Romax InSight
Business & Finance

Castrol Takes Majority Stake in Romax InSight

Castrol, one of the world’s leading lubricant brands, has acquired a controlling interest in Romax Technology’s InSight business.

about 9 years ago
MassCEC Picks Offshore Wind Study Team
Business & Finance

MassCEC Picks Offshore Wind Study Team

The Massachusetts Clean Energy Center (MassCEC) has awarded Ramboll Environ and team partners a contract to study untapped offshore wind energy potential within the Commonwealth of Massachusetts.

about 9 years ago
EC Bankrolls Projects on Multi-Use Offshore Platforms, Corrosion Protection
Business & Finance

EC Bankrolls Projects on Multi-Use Offshore Platforms, Corrosion Protection

The European Commission has selected two new projects for funding under the European Maritime and Fisheries Fund (EMFF) which will tackle the corrosion on offshore platforms and look into the development of multi-use offshore platforms. The first project, the North Sea Solutions for Innovation in Co

about 9 years ago
The Netherlands Opens Door to More Offshore Wind by 2023
Business & Finance

The Netherlands Opens Door to More Offshore Wind by 2023

The House of Representatives of the Netherlands has voted in favour of carrying out further research to determine if new offshore wind farms can be added to increase the country’s target of having a total of 4.45GW of offshore wind generation capacity commissioned by 2023.

about 9 years ago
HSM Offshore to Build Borssele Transformer Stations
Business & Finance

HSM Offshore to Build Borssele Transformer Stations

Dutch transmission systems operator TenneT TSO B.V. has awarded a contract to the Schiedam-based HSM Offshore for the construction of offshore transformer stations required to link up the wind farms to be built offshore at Borssele in the south-west of the Netherlands. The contract concerns the offs

about 9 years ago
DISA, C-Ventus, Van der Panne Partner Up on Working at Heights
Business & Finance

DISA, C-Ventus, Van der Panne Partner Up on Working at Heights

DISA International, its subsidiary C-Ventus and Steigerbouw (Scaffolding) Van der Panne have entered into a partnership to enhance their working at heights offering.

about 9 years ago
BEIS Sets Out New CfD Rules, Caps Phased OWF Projects at 1.5GW
Business & Finance

BEIS Sets Out New CfD Rules, Caps Phased OWF Projects at 1.5GW

The UK government has set a cap of 1.5GW for phased offshore wind projects in the allocation of Contracts for Difference (CfDs), starting from the allocation round due to begin on 3 April.

about 9 years ago
Dutch Parliament to Vote on Boosting 2023 Offshore Wind Target
Business & Finance

Dutch Parliament to Vote on Boosting 2023 Offshore Wind Target

The House of Representatives of the Netherlands will today vote on a proposal to add new offshore wind farm zones and raise the country’s goal of having 4.45GW of offshore wind generation capacity commissioned by 2023.

about 9 years ago
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