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Business & Finance

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CIP Joins Beothuk on St. George’s Bay Project
Business & Finance

CIP Joins Beothuk on St. George’s Bay Project

Danish offshore wind investor Copenhagen Infrastructure Partners (CIP) has entered into a partnership with the Canadian-based developer Beothuk Energy to develop the 180MW St. George’s Bay project off the coast of Newfoundland. Beothuk Energy will continue to lead the development until a power purch

about 10 years ago
Scottish SMEs Invited to Explore Chances in Wind Energy Market
Business & Finance

Scottish SMEs Invited to Explore Chances in Wind Energy Market

Scottish SMEs have an ‘enormous opportunity’ to develop wind farm technology and exploit global markets thanks to a new programme giving access to the country’s leading researchers and testing facilities, according to Offshore Renewable Energy (ORE) Catapult. The Energy Technology Partnership (ETP)

about 10 years ago
Siemens to Service Veja Mate OSS and Turbine Foundations
Business & Finance

Siemens to Service Veja Mate OSS and Turbine Foundations

Siemens has received an order for the maintenance and upkeep of the Offshore Substation (OSS) and turbine substructures of the Veja Mate offshore project. In 2015, Siemens received an order for 67 of its 6MW class turbines for the 400MW wind farm. The agreement also includes all vessel operations an

about 10 years ago
NSRI, ORE Catapult Join to Help Subsea Companies Diversify
Business & Finance

NSRI, ORE Catapult Join to Help Subsea Companies Diversify

The National Subsea Research Initiative (NSRI) and the Offshore Renewable Energy (ORE) Catapult have joined forces to encourage subsea companies to diversify and tap into the opportunities within the offshore wind market. The two organisations will highlight the long-term opportunities the offshore

about 10 years ago
MAKE: Europe to Have 39.2GW Offshore Wind Capacity by 2025
Business & Finance

MAKE: Europe to Have 39.2GW Offshore Wind Capacity by 2025

Europe’s commissioned offshore wind capacity will grow at an average rate of 3GW per year between 2017 and 2025 and represent a key driver of growth in Europe, according to MAKE. The offshore market accounted for 21%, or 3GW, of all new grid-connected capacity in Europe in 2015, more than double the

about 10 years ago
WindEnergy Hamburg Kicks Off
Business & Finance

WindEnergy Hamburg Kicks Off

Germany’s Minister for Economics Sigmar Gabriel has officially opened the second edition of WindEnergy Hamburg, a biennial trade fair focussing on wind energy. The WindEnergy Hamburg 2016 will run from September 27 to September 30 in Hamburg’s fairgrounds where over 1,200 exhibitors from 34 countrie

about 10 years ago
RWE Sets innogy IPO Date, Eyes Up To EUR 5 Billion
Business & Finance

RWE Sets innogy IPO Date, Eyes Up To EUR 5 Billion

German energy company RWE plans to launch the initial public offering (IPO) of shares in its renewable energy, retail and grid spin-off, innogy SE, on the Frankfurt Stock Exchange on 7 October. As reported last week, RWE intends to place 55.6 million of innogy’s newly issued shares on the stock mark

about 10 years ago
LEEDCo Hires Local Firm for Icebreaker Grid Link
Business & Finance

LEEDCo Hires Local Firm for Icebreaker Grid Link

Cleveland-based Lake Erie Energy Development Corporation (LEEDCo) has selected a local company, Middough Inc., to provide engineering services for the design and construction of the land based electric facilities needed to connect the Icebreaker offshore wind farm to the Cleveland Public Power (CPP)

about 10 years ago
EIB Mulls Over Kriegers Flak
Business & Finance

EIB Mulls Over Kriegers Flak

The European Investment Bank (EIB) is reviewing a request to provide financing for the 600MW Kriegers Flak offshore wind farm project in the Baltic Sea. The Danish Energy Agency (DEA) is seeking an undisclosed amount from EIB for the wind farm which is expected to be commissioned in 2022. EIB says t

about 10 years ago
SeaRoc Boosts SeaPlanner Squad
Business & Finance

SeaRoc Boosts SeaPlanner Squad

SeaRoc Group has announced the hiring of a new Business Analyst to take the lead on client focused product development. Mark Lawrence has been confirmed as the new Software Business Analyst who will be responsible for building the roadmap of development for the company’s SeaPlanner software solution

about 10 years ago
Top News of the Week, 19 – 25 September 2016
Business & Finance

Top News of the Week, 19 – 25 September 2016

Horns Rev 3 Mine Goes Out With a Bang (Videos) Vattenfall has shared two videos of a WW2 mine with a 700kg explosive charge being unearthed from the seabed where Denmark’s 400MW Horns Rev 3 offshore wind farm will be constructed, and subsequently detonated. DONG Energy to Set Up UK’s Largest O&M Hub

about 10 years ago
RWE’s New Company Valued at EUR 20 Billion
Business & Finance

RWE’s New Company Valued at EUR 20 Billion

RWE AG will put 55.6 million innogy SE shares with a price range from EUR 32 to EUR 36 per share to the market through the initial public offering (IPO) of its newly set up renewables business, thus valuing innogy SE to up to EUR 20 billion. Back in late 2015, RWE said that, in connection with a [&h

about 10 years ago
Taiwanese Delegation Visits Danish Offshore Wind Sites
Business & Finance

Taiwanese Delegation Visits Danish Offshore Wind Sites

A Taiwanese offshore delegation interested in enhancing cooperation between the Danish offshore hub and Taiwan recently visited Denmark. Invited and hosted by Offshoreenergy.dk, the delegation visited the MHI Vestas and Siemens pre-assembly sites at the Port of Esbjerg, as well as the wind turbines

about 10 years ago
Business Focus: IBG Companies in the News
Business & Finance

Business Focus: IBG Companies in the News

With Offshore WIND heading towards the launch of its International Business Guide 2017, the new Business Focus articles will update you on the companies that appeared in the news every two weeks. A2SEA A2SEA’s vessel Sea Installer has installed the first of 32 MHI Vestas 8MW wind turbines at the Bur

about 10 years ago
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