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Business & Finance

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TowerPower Is ‘Onshoring’ Offshore Wind Turbine Inspections
Business & Finance

TowerPower Is ‘Onshoring’ Offshore Wind Turbine Inspections

The EU-funded TowerPower project is developing a system which will allow maintenance and inspection teams to continuously monitor the structural condition of offshore wind turbines on land via real-time wireless links. The project, which is entering its final year, is currently integrating this pion

about 10 years ago
EEEGR Launching Offshore Wind Supply Chain SIG at Westminster
Business & Finance

EEEGR Launching Offshore Wind Supply Chain SIG at Westminster

The East of England Energy Group (EEEGR) will launch a new Offshore Wind Supply Chain special interest group (SIG) on Wednesday, 19 October, during a reception at Westminster. The Offshore Wind Supply Chain is expected to ensure that the region benefits from the investments in offshore wind, with it

about 10 years ago
Prysmian Scores Rentel Inter-Array Cable Supply Deal
Business & Finance

Prysmian Scores Rentel Inter-Array Cable Supply Deal

Tideway B.V., part of DEME Group, has awarded Prysmian Group with a EUR 13 million contract to supply inter-array cables and accessories for the 309MW Rentel offshore wind farm in Belgian North Sea. Prysmian is responsible for the design, manufacture and supply of the 33 kV submarine cables in vario

about 10 years ago
Canada to Pay CAD 28 Million to Windstream Over Stalled Offshore Wind Project
Business & Finance

Canada to Pay CAD 28 Million to Windstream Over Stalled Offshore Wind Project

An arbitral tribunal appointed under the North American Free Trade Agreement (NAFTA) has ruled that Canada is to pay around CAD 28 million in damages and legal costs to the U.S. firm Windstream Energy LLC, the developer of the 300MW offshore wind power project in eastern Lake Ontario. A three-member

about 10 years ago
Prontoport Wins Contract Extension from Siemens
Business & Finance

Prontoport Wins Contract Extension from Siemens

UK-based renewable energy specialist Prontoport has won an additional 2-year contract from Siemens to support the commissioning and build of several new offshore wind farms. The latest contract is with Siemens Projects, the part of the business which constructs new wind farms, and the initial two ye

about 10 years ago
Germany Adopts Offshore Wind Anti-Corrosion Standard
Business & Finance

Germany Adopts Offshore Wind Anti-Corrosion Standard

Germany’s Federal Maritime and Hydrographic Agency (BSH) has adopted a joint standard from VGB PowerTech and the Federal Waterways Engineering and Research Institute (BAW) for the protection of offshore wind farms from corrosion. With the adoption, BSH has made the VGB/BAW Standard a mandatory regul

about 10 years ago
NOF Energy Teams Up with UK Export Finance
Business & Finance

NOF Energy Teams Up with UK Export Finance

NOF Energy, the business development organisation for oil, gas, nuclear and offshore renewables sectors, has forged a new partnership with UK Export Finance (UKEF) to support supply chain companies’ international trade ambitions. UK Export Finance is the UK’s export credit agency and a government de

about 10 years ago
California Renewable Energy Task Force Gets to Work
Business & Finance

California Renewable Energy Task Force Gets to Work

The U.S. Bureau of Ocean Energy Management (BOEM) and the State of California held the inaugural meeting of the California Intergovernmental Renewable Energy Task Force in Sacramento on 13 October. The inaugural meeting established a common set of themes and objectives the task force will use to gui

about 10 years ago
Siemens Hires Aimselect to Provide Offshore Wind Talent
Business & Finance

Siemens Hires Aimselect to Provide Offshore Wind Talent

UK-based recruitment, talent and search consultancy Aimselect Projects Limited has been awarded a framework agreement with Siemens Wind Power to provide services for their offshore wind projects. Aimselect will provide Siemens Wind Power with EHS Advisors, Quality Inspectors and QHSE Site Inspectors

about 10 years ago
Helicopter Travel Munich Orders Airbus Helicopter for Offshore Wind Operations in German Bight
Business & Finance

Helicopter Travel Munich Orders Airbus Helicopter for Offshore Wind Operations in German Bight

German helicopter offshore hoist operator Helicopter Travel Munich (HTM) has signed a contract with Airbus Helicopters for one H145 which, once delivered in December 2017, will serve offshore wind farms in the German Bight. The new aircraft will be operated from HTM’s bases at Emden, Norden, Borkum

about 10 years ago
Taiwan Power Opens Offshore Wind Unit
Business & Finance

Taiwan Power Opens Offshore Wind Unit

Taiwanese state-run energy company Taiwan Power Co. (Taipower) has established a department dedicated to development of offshore wind farms. The company’s Offshore Wind Power Construction Office is based in Taichung Power Plant in central Taiwan, and it will be in charge of Taipower’s first offshore

about 10 years ago
Mitsubishi Electric to Build HVDC Verification Facility in Amagasaki
Business & Finance

Mitsubishi Electric to Build HVDC Verification Facility in Amagasaki

Tokyo-based Mitsubishi Electric Corporation plans to enter the global market for voltage-sourced converters (VSC) based high-voltage direct current (HVDC) systems with a new HVDC verification facility to be built at its Transmission and Distribution Center in Amagasaki, Japan, by 2018. The company s

about 10 years ago
First U.S. Offshore Wind Farm Attracts Big League Investors
Business & Finance

First U.S. Offshore Wind Farm Attracts Big League Investors

GE Energy Financial Services, a GE unit, and Citi, a multinational investment banking and financial services corporation, have announced the closing of tax equity financing on Deepwater Wind’s Block Island Wind Farm, the first offshore wind farm in the United States. ”An innovative project takes tho

about 10 years ago
GE to Buy LM Wind Power for EUR 1.5 Billion
Business & Finance

GE to Buy LM Wind Power for EUR 1.5 Billion

General Electric (GE) has agreed to buy LM Wind Power Holding A/S, a Denmark-based designer and manufacturer of wind turbine blades, for an enterprise value of EUR 1.5 billion. The deal in-sources wind turbine blade design and manufacturing for GE’s Renewable Energy business, improving its ability t

about 10 years ago
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