Business & Finance
JDR Preferred Subsea Cable Supplier for US Wind’s Maryland OWF
US Wind has chosen JDR Cable Systems as preferred supplier of both inter-array and export cables for its 750MW wind farm off the coast of Maryland.
Vattenfall Continues Norfolk Vanguard Tour
Swedish energy company Vattenfall has confirmed the dates of the March round of public engagement days for the 1.8GW Norfolk Vanguard offshore wind farm project.
Siemens’ Mechanical Drives Unit to Become Standalone Company
A competitive market environment has led Siemens to a decision to set up its Mechanical Drives unit as a standalone company. The division comprises Flender and Winergy, which worked on the gearbox for Adwen’s AD 8-180 offshore wind turbine.
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.
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.
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.
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
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.
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
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.
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.
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
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.
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