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Business & Finance

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Wind Farm Radio System Lands SCORE Grant
Business & Finance

Wind Farm Radio System Lands SCORE Grant

WaveCom, a new radio communications system to serve the East of England’s growing offshore wind farm construction industry, has won a GBP 50,000 grant as part of the Supply Chain Innovation for Offshore Renewable Energy (SCORE) programme. This custom-built two-way radio network to provide coverage a

about 9 years ago
European Offshore Wind Projects Attract Record EUR 18.2 Billion in 2016
Business & Finance

European Offshore Wind Projects Attract Record EUR 18.2 Billion in 2016

European offshore wind projects attracted a record EUR 18.2 billion of investments in 2016, according to WindEurope. Eleven projects reached Final Investment Decision (FID) in 2016. This represents 4,948MW of new capacity across five countries, half of it in the UK. Giles Dickson, Chief Executive Of

about 9 years ago
Atlantis and Ideol Join Forces on UK Floating Offshore Wind Project
Business & Finance

Atlantis and Ideol Join Forces on UK Floating Offshore Wind Project

Marine renewables developer Atlantis Resources has signed a Memorandum of Understanding (MoU) with the French floating foundations designer Ideol to collaborate on a floating wind project off the UK. The collaboration will seek to initiate the development of a floating offshore wind project of up to

about 9 years ago
LIPA Says Yes to First Offshore Wind Farm in New York
Business & Finance

LIPA Says Yes to First Offshore Wind Farm in New York

US offshore wind developer Deepwater Wind has received a unanimous approval from the Long Island Power Authority (LIPA) for the 90MW Deepwater ONE South Fork wind farm, the nation’s largest offshore wind farm and the first one to be built off New York. Speaking ahead of the vote and to a room packed

about 9 years ago
UK Sets Aside GBP 28 Million for Energy Innovation Projects, Offshore Wind Included
Business & Finance

UK Sets Aside GBP 28 Million for Energy Innovation Projects, Offshore Wind Included

UK’s Minister of State for Climate Change and Industry Nick Hurd announced GBP 28 million in funding for a series of energy innovation projects. The funding boost will be invested in smart systems, industrial energy reduction and offshore wind, Hurd said. A portion of the funds was set aside for the

about 9 years ago
Blue Water BREB Enters German Offshore Wind Scene
Business & Finance

Blue Water BREB Enters German Offshore Wind Scene

Denmark’s Blue Water Shipping and Germany’s Bremer Reederei E&B (BREB) have formed a shipping and transport joint venture with the main focus on servicing the wind turbine industry in Germany. The range of services at the newly established Blue Water BREB GmbH will include port agency, stevedoring,

about 9 years ago
Report: Denmark Mulling Offshore Wind Subsidies Cut
Business & Finance

Report: Denmark Mulling Offshore Wind Subsidies Cut

Danish energy minister Lars Christian Lilleholt will submit a proposal to cut subsidies for offshore wind projects in the second half of 2017, Bloomberg reports. The wind industry is showing signs of being able to compete with conventional power generation sources such as fossil fuels, but for the i

about 9 years ago
3sun Eyes New Markets as UK Recruitment Drive Picks Up Steam (Video)
Business & Finance

3sun Eyes New Markets as UK Recruitment Drive Picks Up Steam (Video)

3sun Group has organised a special recruitment day in Great Yarmouth at the Kings Centre, Queen Anne’s Road where wind turbine technicians and inspection engineers selected from more than 1,500 applicants will have five-minute pre-booked speed-interviews to secure one of over 100 new roles within GB

about 9 years ago
Massachussetts Lawmakers Go All-In on Renewables
Business & Finance

Massachussetts Lawmakers Go All-In on Renewables

Massachusetts State Representatives Sean Garballey and Marjorie Decker, and State Senator Jamie Eldridge have filed a bill that would commit Massachusetts to obtain 100 per cent of its electricity from clean, renewable sources like solar and wind by 2035. The bill, An Act to transition Massachusetts

about 9 years ago
DONG and Macquarie Invest in Taiwanese Formosa I Offshore Wind Farm
Business & Finance

DONG and Macquarie Invest in Taiwanese Formosa I Offshore Wind Farm

DONG Energy and Macquarie Capital have signed agreements to acquire a combined 85% ownership interest in the Taiwanese offshore wind project Formosa I from local developer Swancor Renewable. Completion of the transactions is subject to a number of conditions precedent including approval from the EU

about 9 years ago
Acta Marine Orders Offshore Wind CSV from Ulstein
Business & Finance

Acta Marine Orders Offshore Wind CSV from Ulstein

The Netherlands based Acta Marine has ordered a wind farm construction support vessel (CSV) from Norway’s ship designer and shipbuilder Ulstein Verft. The new DP2 vessel is primarily aimed at the offshore wind market and carries the new SX195 design from Ulstein Design & Solutions, the Norwegian com

about 9 years ago
Fred. Olsen Ocean and Teekay Offshore See a Gap in Offshore Wind Vessel Market
Business & Finance

Fred. Olsen Ocean and Teekay Offshore See a Gap in Offshore Wind Vessel Market

Fred. Olsen Ocean AS and Teekay Offshore Partners have entered into an agreement to develop a new vessel design for the offshore wind market. John B. Andersen, VP Business Development in Fred. Olsen Windcarrier, a Fred. Olsen Ocean company, will lead this new initiative and the corresponding team. “

about 9 years ago
EIB’s Renewable Energy Investments in UK Reach GBP 1.2 Billion
Business & Finance

EIB’s Renewable Energy Investments in UK Reach GBP 1.2 Billion

The European Investment Bank (EIB) invested almost GBP 1.2 billion in renewable energy projects in the UK throughout 2016. New EIB support for renewable energy related investment it the UK last year included GBP 500 million for a GBP 1.2 billion Caithness Moray transmission network project to reinfo

about 9 years ago
UK Offshore Wind Blows Past 2020 Cost Reduction Target
Business & Finance

UK Offshore Wind Blows Past 2020 Cost Reduction Target

The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK government and industry target of GBP 100 per megawatt hour (MWh) four years ahead of schedule, according to a report delivered by the Offshore Renewable Energy (ORE) Catapult on behalf of the Offshore W

about 9 years ago
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