Business & Finance
Vattenfall Needs Air Support
Vattenfall Europe Windkraft GmbH is looking for a provider of helicopter services for the offshore wind farms DanTysk, Sandbank, Horns Rev 1 and Horn Rev 3. The EUR 6 million framework agreement is divided into two lots and will last for 2 years. The first lot covers crew transfers, either on a fixe
Japan’s Kitakyushu Launches Nearshore Wind Farm Project
The government of Kitakyushu city in Japan is auctioning off 2,687 hectares of water area controlled by the city’s port to companies interested in constructing and operating a nearshore wind farm at the site. The capacity of the wind farm has not been disclosed yet. The government started distributi
€17.5Bn Invested in EU Offshore Wind in H1 2016, €5.2Bn More Expected by Mid-2017
WindEurope expects EUR 5.2 billion and 1.4GW in Final Investment Decisions (FIDs) by June 2017, compared with EUR 10 billion and 2.2GW that were achieved for the same period last year. Transactions that are now approaching financial close are Rentel (300MW), Norther (370MW), Deutsche Bucht (252MW),
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
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
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
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
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
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
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
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
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
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
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