Business & Finance
DONG Seals New Jersey Deal
DONG Energy has taken over more than 1,000MW development project rights off the coast of New Jersey from RES Americas Developments Inc (RES). The companies finalised the deal during Bureau of Ocean Energy Management (BOEM) New Jersey Renewable Energy Task Force Meeting held in Trenton on 19 May. The
Jan De Nul Reveals New OW Contract in Its Latest Financial Results
In early 2016, Jan De Nul signed a contract for cable installation at a Geman offshore wind farm, the company reported in its financial results yesterday. However, Jan De Nul did not reveal any further details, such as the client’s name and the project in question. Offshore WIND contacted the compan
ECN Carries Out Wind Studies for Two Borssele Bidders
Two unnamed offshore wind developers bidding for the 700MW Borssele I and II projects asked the Energy Research Centre of the Netherlands (ECN) to assess their designs in advance to further solidify their business cases and instill confidence in investors. Ten project developers are in the running f
Global Renewables Shipbrokers Opens Paris Office
Global Renewables Shipbrokers (GRS) has appointed Francois Richard as head of its new office in Paris, France. “The expansion in France provides us with many new opportunities and is a major step in our growth strategy,” said GRS Managing Partner Matthias Mross. From Paris, Francois Richard is expec
Vysiion Adds to Dudgeon To Do List
Vysiion has been awarded further contracts to support the 402MW Dudgeon offshore wind farm development located some 35 kilometres off the coast of Cromer in North Norfolk. The company has been working to support the Dudgeon development since its inception and its most recent contract award, through
Babcock to Build World First Offshore Reactive Compensation Station at Hornsea One
DONG Energy has awarded a multi-million pound contract to the UK-based engineering support services company Babcock for the construction of the world’s first offshore reactive compensation station for the 1.2GW Hornsea Project One offshore wind farm. The reactive compensation station, which will be
DNV GL and Cosco Team Up to Install BorWin Gamma
DNV GL has been awarded a contract by Cosco Shipping Company Limited of China for the installation engineering services for the BorWin gamma high voltage direct current (HVDC) converter platform. The Dutch-German transmission system operator TenneT is developing the offshore AC/DC converter platform
Navacel Building Hywind Turbine Towers
Statoil has awarded the Bilbao-based Navacel with a contract for the supply of five towers which will support the turbines at the world’s first floating wind farm, the 30MW Hywind Scotland Pilot Park. The turbine towers to be supplied by Navacel will have a height of 83 metres with a diameter of 7.5
New York Senators Ask For Offshore Wind Tier in New Clean Energy Standard
New York State senators Liz Krueger and Brad Hoylman released a letter signed by 20 state senators to Governor Andrew Cuomo and Audrey Zibelman, Chair of the New York State Public Service Commission, calling for the inclusion of an offshore wind tier in the forthcoming Clean Energy Standard. The Pub
Beatrice Offshore Wind Farm to Reach Financial Close by End of May
Scottish energy company SSE plc expects to reach the financial close for the 588MW Beatrice offshore wind farm by the end of May. Beatrice, planned for the outer Moray Firth, will be project financed with non-recourse debt, SSE said. Subject to financial close, onshore construction activities will b
Shell Setting Up ‘New Energies’ Unit. Oil & Gas Companies to Cause Clash of Giants in Offshore Wind?
Shell has created a new division called New Energies, through which the oil and gas giant will invest in wind energy, along with its hydrogen, biofuels and electrical activities, according to The Guardian. Even though Shell has not yet officially confirmed this, it is expected that the new unit will
GIB Looking for Special Shareholder Trustees
An independent nominations committee has been formed and has commenced the search for permanent independent trustees to run the Green Purposes Company Ltd (GPC), a newly incorporated organisation tasked with keeping the UK Green Investment Bank plc (GIB) green. The UK Business Secretary launched the
Japan Changes Port and Harbour Law to Promote Offshore Wind
Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MILT) has amended the country’s existing Port and Harbour Law to promote development of offshore wind projects, the Japan Wind Power Association (JWPA) reports. The amendments allow developers to lease designated water zones in port ar
Baltimore County Seeks Federal Grant for Wind Start Project
Baltimore County, located in the northern part of the U.S. state of Maryland, has applied for a USD 26 million federal grant to support infrastructure upgrades at the former Sparrows Point shipyard to accommodate assembly, fabrication and shipping for the offshore wind industry. The grant applicatio