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Business & Finance

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8 in 10 UK Bosses Support Offshore Wind
Business & Finance

8 in 10 UK Bosses Support Offshore Wind

A poll of nearly 1,000 bosses by the Institute of Directors found that nearly eight in ten, or 78.8% to be more precise, support the increased deployment of offshore wind in UK waters. 998 members of the Institute of Directors replied to the survey between 11-26 May 2016. Out of those surveyed, 44.5

about 10 years ago
John Laing Makes First Offshore Wind Investment by Buying into Nordergründe OWF
Business & Finance

John Laing Makes First Offshore Wind Investment by Buying into Nordergründe OWF

John Laing Group, a London-based international originator, investor and manager of infrastructure projects, has acquired a 30% stake in the 110.7MW Nordergründe offshore wind farm, which saw its first turbine going up on Tuesday. The Nordergründe project is John Laing’s second German wind investment

about 10 years ago
Report: Booming Offshore Wind to Up Demand in HVDC Market
Business & Finance

Report: Booming Offshore Wind to Up Demand in HVDC Market

The global market for HVDC converter stations is expected to grow at a CAGR of more than 24% between 2016 and 2020, spurred on by the recent rise in offshore wind installations, according to a report issued by market analysts at Technavio. Power generated from offshore wind power plants needs to be

about 10 years ago
Lord Dunlop Visits Beatrice Construction Hub
Business & Finance

Lord Dunlop Visits Beatrice Construction Hub

Parliamentary Under Secretary of State for Scotland Lord Andrew Dunlop visited Nigg Energy Park this week to hear how Beatrice Offshore Windfarm Ltd (BOWL) will help boost the local and national economy to the tune of GBP 680 million, SSE reports. The UK minister was welcomed by representatives from

about 10 years ago
Offshore Wind Market Bringing New Opportunities to Boskalis
Business & Finance

Offshore Wind Market Bringing New Opportunities to Boskalis

In its financial results for the first half of the year, Royal Boskalis Westminster N.V. (Boskalis) said it remains focused on market segments that show structural growth in the longer term while also providing short-term opportunities, including offshore wind. The company explained that the greater

about 10 years ago
Offshore Wind Better Choice for UK than Hinkley Point C?
Business & Finance

Offshore Wind Better Choice for UK than Hinkley Point C?

Following UK Government’s decision to re-examine EDF’s Hinkley Point C nuclear power project, offshore wind has emerged as a potentially better solution for the country than nuclear power. Namely, after the board of EDF approved Hinkley Point C, which would be built together with China General Nucle

about 10 years ago
OrbisEnergy Spotlights Oil & Gas Businesses Diversifying into Offshore Wind
Business & Finance

OrbisEnergy Spotlights Oil & Gas Businesses Diversifying into Offshore Wind

After the launch of a GBP 6 million grant fund in July, OrbisEnergy today emphasised the opportunity for oil and gas businesses to use the fund to diversify into the renewables industry amidst the downturn in their main playing field, through adapting their ideas to offshore wind, wave and tidal pow

about 10 years ago
DONG and Ziton Ink Offshore Wind Turbine O&M Deal
Business & Finance

DONG and Ziton Ink Offshore Wind Turbine O&M Deal

DONG Energy and Ziton A/S have entered a framework agreement that will see Ziton provide services related to main component exchanges on out-of-warranty offshore wind turbines for the next three years. Ziton will provide its jack-up crane vessels for main component exchanges in Danish wind farms ope

about 10 years ago
RSPB Concerned Over UK Government’s Hornsea 2 Decision
Business & Finance

RSPB Concerned Over UK Government’s Hornsea 2 Decision

The UK’s Royal Society for the Protection of Birds (RSPB) has expressed its concern over the Secretary of State’s decision to approve DONG Energy’s Hornsea Project Two offshore wind farm, saying that it ”will lead to the unnecessary death of hundreds of globally important seabirds.” The charity beli

about 10 years ago
DONG Gets Development Consent for 1.8GW Hornsea Project Two
Business & Finance

DONG Gets Development Consent for 1.8GW Hornsea Project Two

DONG Energy has received development consent from UK’s Business and Energy Secretary Greg Clark for the 1.8GW Hornsea Project Two offshore wind farm project. The wind farm would create up to 1,960 construction jobs and 580 operational and maintenance jobs, the government said in a statement. If buil

about 10 years ago
Blanke Meier Evers Advises on Merkur Offshore Wind Farm Turbine Contracts
Business & Finance

Blanke Meier Evers Advises on Merkur Offshore Wind Farm Turbine Contracts

The law firm Blanke Meier Evers has advised the project company behind the Merkur offshore wind farm with respect to drafting, negotiation and conclusion of the turbine supply agreement and the service and maintenance agreement with GE Renewable Germany GmbH. Last week, Merkur Offshore GmbH reached

about 10 years ago
UK Govt Makes Sure Brexit Does Not Affect Horizon 2020 Projects
Business & Finance

UK Govt Makes Sure Brexit Does Not Affect Horizon 2020 Projects

UK participants of the European Union’s Horizon 2020 Programme can rest assured that the approved projects applied for before the UK leaves the European Union will not be affected by the so-called Brexit, as the UK Treasury will underwrite funding for those Horizon 2020 projects. British businesses

about 10 years ago
Rhyl Flats Community Fund Backs Local Projects
Business & Finance

Rhyl Flats Community Fund Backs Local Projects

RWE Innogy UK has awarded over GBP 21,000 to three community projects in Conwy, Wales, through the Rhyl Flats Wind Farm Community Fund. Citizens Advice Bureau Cylch Conwy will receive GBP 9,769 to deliver an ‘Advice and Information at Home’ project. This will enable a caseworker to visit residents w

about 10 years ago
Scaldis to Install Kriegers Flak OSS Topsides
Business & Finance

Scaldis to Install Kriegers Flak OSS Topsides

Denmark’s Energinet.dk and Germany’s 50Hertz Transmission GmbH have awarded Scaldis Salvage and Marine Contractors NV with a contract to install two offshore substation topsides for the 600MW Kriegers Flak offshore wind farm in the Danish sector of the Baltic Sea. The contract includes the topsides

about 10 years ago
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