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Business & Finance

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DCNS to Tap Into Floating Wind Market with New Subsidiary
Business & Finance

DCNS to Tap Into Floating Wind Market with New Subsidiary

French-based company DCNS plans to establish a marine energy subsidiary that would be dedicated to floating offshore wind, tidal and ocean thermal energy conversion (OTEC) technology. “DCNS plans to create a subsidiary dedicated to marine energies and is currently focused on concluding investment fr

about 9 years ago
DOE Sets New Clean Energy Loan Application Deadlines
Business & Finance

DOE Sets New Clean Energy Loan Application Deadlines

The US Energy Department’s Loan Programs Office (LPO) has added new application deadlines for its current Title XVII loan guarantee solicitations, which aim to accelerate the deployment of innovative clean energy technology. The next Part I application deadline is now scheduled for 18 January, 2017.

about 9 years ago
Boskalis Reduces Its Stake in Fugro, Now Holds Less than 25%
Business & Finance

Boskalis Reduces Its Stake in Fugro, Now Holds Less than 25%

Royal Boskalis Westminster informed yesterday that it had reduced its holding in Fugro to 24.9%. In its 2015 annual report, Boskalis stated that it held 28.6% of Fugro’s shares per 31 December 2015. In March 2015, Boskalis acquired 25.14% Fugro’s shares, which triggered a legal dispute between the c

about 9 years ago
IRM Best Offshore Wind Area for Subsea Companies to Dive Into
Business & Finance

IRM Best Offshore Wind Area for Subsea Companies to Dive Into

National Subsea Research Initiative (NSRI) has identified operations and maintenance (O&M) – particularly inspection, repair and maintenance (IRM) activities – as the highest potential area for subsea companies to diversify into offshore wind. In a new report titled ‘Subsea Technological Challenges

about 9 years ago
LEEDCo Looking to Set Up Icebreaker’s Local Supply Chain
Business & Finance

LEEDCo Looking to Set Up Icebreaker’s Local Supply Chain

The Lake Erie Energy Development Co. (LEEDCo) is looking for local companies that will be a part of the Icebreaker project and will hold a supply chain event on 8 December in Cleveland. In early 2017, Icebreaker Wind Requests for Proposals will be released and each bid specification package will con

about 9 years ago
Top News of the Week, 28 Nov – 04 Dec 2016
Business & Finance

Top News of the Week, 28 Nov – 04 Dec 2016

Germany Confirms Offshore Grid Development Plan by 2025 German Federal Network Agency (Bundesnetzagentur) has confirmed a plan for the offshore grid development by 2025 (Offshore-Netzentwicklungsplan 2025), which regulates the connections of wind farms in the North and Baltic Seas to the German tran

about 9 years ago
Offshore Wind Projects Have Less Delays and Cost Overruns, Says EY
Business & Finance

Offshore Wind Projects Have Less Delays and Cost Overruns, Says EY

Ernst & Young (EY) has found that an average power and utility megaproject is delivered 35% over budget and two years behind schedule, with offshore wind and gas-powered generation projects suffering significantly less delays and cost overruns than water, hydropower, nuclear and coal projects. In it

about 9 years ago
Shandong Iraeta to Provide Flanges for 155 Turbines at Two Chinese OWFs
Business & Finance

Shandong Iraeta to Provide Flanges for 155 Turbines at Two Chinese OWFs

Shandong Iraeta, a Sino-Spanish joint venture will supply flanges for wind turbine towers at two offshore wind projects in Jiangsu Province, China. The company won tenders for 200MW Dafeng and 300MW Jiangjiasha (Jiangsu Longyuan Chiang Sand), both owned by China Longyan Power. Dafeng offshore wind f

about 9 years ago
CWind Deploys DP2 Vessel in Germany, Another Set to Work in UK
Business & Finance

CWind Deploys DP2 Vessel in Germany, Another Set to Work in UK

CWind will bring a second DP2 vessel to the market, after the company already chartered one to work in the German offshore wind sector. The new vessel will work in the North East of England, according to Ian Douglas, CEO of Global Marine Systems, which now fully owns CWind. CWind Managing Director,

about 9 years ago
RenewableUK: Hull Factory Opening Marks New Era for Britain’s Offshore Wind Industry
Business & Finance

RenewableUK: Hull Factory Opening Marks New Era for Britain’s Offshore Wind Industry

RenewableUK says today’s official opening of Siemens’ new offshore wind plant in Hull represents a major stride forward for Britain’s rapidly-expanding offshore wind sector. RenewableUK’s Chief Executive, Hugh McNeal, who is attending today’s ceremony, said: “Innovative, large-scale manufacturing fo

about 9 years ago
Fred. Olsen Windcarrier Names New CEO
Business & Finance

Fred. Olsen Windcarrier Names New CEO

Fred. Olsen Windcarrier has appointed Even Larsen as the new CEO. Larsen has been with Fred. Olsen Windcarrier since 2013, where he worked on innovation and product development before becoming project manager for the Global Tech I project. In 2014, Larsen became Head of Commercial and Projects. “To

about 9 years ago
Aberdeen Harbour Inks 24-Year Deal with Vattenfall
Business & Finance

Aberdeen Harbour Inks 24-Year Deal with Vattenfall

Vattenfall has signed leases totalling 24 years with Aberdeen Harbour Board, as the company will use the location to support the construction, commissioning, operation and maintenance (O&M), and eventual decommissioning phases of its European Offshore Wind Deployment Centre (EOWDC), also known as th

about 9 years ago
VIDEO: Significance of Local Supply Chain for EOWDC
Business & Finance

VIDEO: Significance of Local Supply Chain for EOWDC

On 9 September, a supply chain event was held to enable potential bidders for work on the 92.4MW European Offshore Wind Deployment Centre (EOWDC), also known as Aberdeen offshore wind farm, to meet main contractors and to discuss available work packages and local opportunities. Tier One contractors,

about 9 years ago
US Wind Says Its Maryland OWF Proposal Superior in Every Way
Business & Finance

US Wind Says Its Maryland OWF Proposal Superior in Every Way

Following the news that Deepwater Wind applied for building an offshore wind farm off Maryland’s coast and the start of a 6-month application evaluation period, US Wind, the company which was first to submit an application to develop an offshore wind project in the state, made a case for its Marylan

about 9 years ago
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