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Business & Finance

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UK Govt Outlines Plans for First GBP 290 Million of CfD Funding
Business & Finance

UK Govt Outlines Plans for First GBP 290 Million of CfD Funding

The UK Government set out further details for the next Contracts for Difference (CfD) auction today, which will allow for companies to compete for the first GBP 290 million worth of contracts for renewable electricity projects starting to generate from 2021/22 or 2022/23, including offshore wind. In

about 10 years ago
VIDEO: Pre-Construction, Construction and O&M (Expertise Hub)
Business & Finance

VIDEO: Pre-Construction, Construction and O&M (Expertise Hub)

For offshore wind farms to properly deliver power to households on land, not only do professionals using gigantic vessels and high-tech machinery need to install massive and complex infrastructure, but the selected sites also must be thoroughly surveyed before the construction can start. Once all se

about 10 years ago
VBMS and NKT Nab Borssele Alpha Export Cable Contract
Business & Finance

VBMS and NKT Nab Borssele Alpha Export Cable Contract

Dutch transmission systems operator TenneT has awarded a consortium of VBMS and NKT Cables with a contract to supply and install two export cables that will connect the Borssele I & II offshore wind farms to TenneT’s onshore grid in the Netherlands. The contract value of VBMS’ share is approximately

about 10 years ago
US Wind, TPA Host Offshore Wind Supply Chain Manufacturers in Baltimore
Business & Finance

US Wind, TPA Host Offshore Wind Supply Chain Manufacturers in Baltimore

Maryland-based offshore wind developer US Wind, Inc. partnered with Tradepoint Atlantic (TPA), the firm overseeing the 3,100-acre redevelopment of the former Sparrows Point steel mill, to host offshore wind supply chain manufacturers at TPA’s Port of Baltimore facility on 2 November. Representatives

about 10 years ago
DONG Feels Wind Power
Business & Finance

DONG Feels Wind Power

Denmark’s DONG Energy recorded DKK 4.8 billion (EUR 645 million) operating profit (EBITDA) in the third quarter of 2016, a 7% improvement compared to the third quarter of 2015 driven by a 19% increase in the company’s Wind Power and a lump sum payment received in connection with the completed renego

about 10 years ago
GSG Towers Aims High after Upgrades
Business & Finance

GSG Towers Aims High after Upgrades

Poland’s GSG Towers, a Gdańsk Shipyard Group company, has recently opened upgraded facilities for the production of wind towers and steel structures for the offshore industry. GSG Towers invested around PLN 160 million (EUR 37 million) in upgrading its bending, welding and paining equipment which is

about 10 years ago
Navigant Takes Over Ecofys
Business & Finance

Navigant Takes Over Ecofys

Navigant today reported it had acquired Dutch consultancy Ecofys. According to Navigant, the acquisition further strengthens and expands its position in the global energy consultancy market. “Ecofys has a strong reputation as a premier provider of energy consulting services,” said Jan Vrins, managin

about 10 years ago
E.ON to Invest in Offshore Wind Every Two Years
Business & Finance

E.ON to Invest in Offshore Wind Every Two Years

E.ON Climate & Renewables (ECR), the renewables unit of the German energy company E.ON, plans to invest in one offshore wind project every two years as the company halved its renewable energy investment pipeline due to changing market regulations, ECR’s CEO Michael Lewis told Reuters. ECR is cutting

about 10 years ago
Prosperous OW in North East UK Brings Advanced Global Energy to Hull
Business & Finance

Prosperous OW in North East UK Brings Advanced Global Energy to Hull

Advanced Global Energy has opened an office in Hull, after identifying the UK’s North East as a key region for growth. The region remains one of the largest providers of offshore wind energy to the UK, with a further GBP 18 billion to be invested in the industry in the next five years, according to

about 10 years ago
Port of Rotterdam Welcomes Hollandse Kust (Zuid) Cables
Business & Finance

Port of Rotterdam Welcomes Hollandse Kust (Zuid) Cables

The Port of Rotterdam has welcomed the announcement that the Dutch government identified the port’s Maasvlakte North zone as the most suitable landfall location for onshore cables which will connect four 350MW offshore wind farms in the Hollandse Kust (zuid) zone to the grid. The offshore grid at Ho

about 10 years ago
WFW Among Leading Renewables Legal Advisers in Q3
Business & Finance

WFW Among Leading Renewables Legal Advisers in Q3

International law firm Watson Farley & Williams (WFW) has come joint first by deal count with Allen & Overy in Inspiratia’s Global Q3 2016 Infrastructure and Renewables Legal Adviser Rankings. The firm came third by transaction volume, behind Allen & Overy and Linklaters, having advised on circa USD

about 10 years ago
GS-Hydro Cracks Chinese Offshore Wind Market
Business & Finance

GS-Hydro Cracks Chinese Offshore Wind Market

GS-Hydro China has won a contract to provide the piping components, prefabrication and cleaning for CSIC (Chongqing) Haizhuang Wind Power Equipment’s 5MW offshore wind turbines, the company’s first entry into the offshore wind industry. The wind turbines are located in Fujian area in Southern China.

about 10 years ago
France Approves Two Floaters in the Mediterranean
Business & Finance

France Approves Two Floaters in the Mediterranean

The French Environment and Energy Management Agency (ADEME) has approved two more floating wind pilot projects as part of the country’s call for tenders for the development of floating wind launched in August 2015. One of the two new winners of the call for pilot floating farm projects is EDF Energi

about 10 years ago
GE Offshore Wind Eyes Top 3 Spot with New CEO
Business & Finance

GE Offshore Wind Eyes Top 3 Spot with New CEO

GE Renewable Energy has appointed John Lavelle as the Chief Executive Officer (CEO) of its Offshore Wind business. The appointment is effective 1 November. In this role, Lavelle will lead the global business strategy with the mission to become one of the top three players in the offshore wind indust

about 10 years ago
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