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Business & Finance

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Offshore Wind Industry Gearing Up for Vessel Directory 2016
Business & Finance

Offshore Wind Industry Gearing Up for Vessel Directory 2016

The offshore wind industry will soon launch its latest reference guide: the Offshore WIND Vessel Directory 2016. This third edition of the directory, produced in close cooperation with the vessel builders and operators in the industry, offers an updated overview of the available vessels in the marke

about 10 years ago
A2SEA Orders Made-in-UK Sea Fastenings
Business & Finance

A2SEA Orders Made-in-UK Sea Fastenings

Denmark’s A2SEA has contracted two UK shipyards to fabricate and install sea fastenings on two of the company’s turbine installation vessels which are set to start working offshore UK. A&P Tyne will fabricate and install the sea fastening on Sea Challenger, which was contracted to work on the 402MW

about 10 years ago
South Korea Losing Pace in Offshore Wind Race
Business & Finance

South Korea Losing Pace in Offshore Wind Race

Doosan Heavy Industries (DHI) has remained the only South Korean company interested in the state-backed project for the development of up to 2.9 GW of offshore wind capacity in the Yellow Sea region, Business Korea reports. DHI is reportedly planning to develop a 60 MW offshore wind test site, with

about 10 years ago
Gestamp Cleared to Build Offshore Wind Turbine Tower Factory in Seville
Business & Finance

Gestamp Cleared to Build Offshore Wind Turbine Tower Factory in Seville

Gestamp Wind Steel and the Port Authority of Seville (APS) have signed a 50-year concession agreement which allows the Madrid-headquartered company to build a EUR 54 million factory for offshore wind turbine towers within the port. The factory will cover an area of around 160,000 square metres, APS

about 10 years ago
Gardline and Neptune Form Vessel-ROV Alliance
Business & Finance

Gardline and Neptune Form Vessel-ROV Alliance

Gardline Geosurvey Ltd and Neptune have entered into a strategic partnership which will see Gardline’s DP2 multi-role survey vessel, the MV Kommandor, enhanced with the permanent installation of Neptune’s Explorer 06 100HP Remotely Operated Vehicle (ROV). Manned by staff from both companies, the ves

about 10 years ago
Report: China’s Installed Wind Capacity to Reach 495 GW by 2030
Business & Finance

Report: China’s Installed Wind Capacity to Reach 495 GW by 2030

Wind power installed capacity in China will more than treble from approximately 149 Gigawatts (GW) in 2015 to over 495 GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting firm GlobalData. The company’s latest report, Wind Power in China, Market O

about 10 years ago
Pinsent Masons to Help DONG Get Hornsea Project Three Development Consent
Business & Finance

Pinsent Masons to Help DONG Get Hornsea Project Three Development Consent

International law firm Pinsent Masons has been appointed to advise DONG Energy on the Hornsea Project Three offshore wind farm. The Pinsent Masons’ multidisciplinary team, led by energy and planning partner, Gareth Phillips, has been instructed to assist DONG Energy in securing development consent,

about 10 years ago
Fred. Olsen Windcarrier Gets One Owner
Business & Finance

Fred. Olsen Windcarrier Gets One Owner

Norway’s Bonheur ASA and Ganger Rolf ASA completed their merger today, 5 May, with Bonheur ASA as the surviving entity. The completed merger implies that all assets, rights and obligations of Ganger Rolf ASA are transferred into Bonheur ASA. As a corollary, Ganger Rolf ASA is liquidated and deleted

about 10 years ago
DONG Sets Up GBP 15 Million Walney Extension Community Fund
Business & Finance

DONG Sets Up GBP 15 Million Walney Extension Community Fund

DONG Energy has launched a GBP 15 million Walney Extension Community Benefit Fund to support community and environmental projects in coastal areas of Lancashire and Cumbria. The fund is part of the community engagement programme for DONG Energy’s Walney Extension offshore wind farm, being built 9 ki

about 10 years ago
ABS to Certify Hornsea Project One Substations
Business & Finance

ABS to Certify Hornsea Project One Substations

ABS Group Ltd. has received a contract to provide project certification services from DONG Energy Wind Power A/S for the planned 1.2GW Hornsea Offshore Wind Farm Project One in the UK. ABS Group’s certification scope will cover Quality Assurance/Quality Control document review and manufacturing insp

about 10 years ago
Offshore Wind Expert Support Team Helping Scottish Businesses Tap Into GBP 60bn Market
Business & Finance

Offshore Wind Expert Support Team Helping Scottish Businesses Tap Into GBP 60bn Market

Scottish Enterprise (SE), Highlands & Island Enterprise (HIE) and BVG Associates (BVGA) are continuing their collaboration within the Offshore Wind Expert Support framework, and are launching a new phase of this programme designed to support Scottish companies in making the most of renewable energy

about 10 years ago
Mainstream Renewable Power Exiting Offshore Wind
Business & Finance

Mainstream Renewable Power Exiting Offshore Wind

In its annual results for 2015, Mainstream Renewable Power marked the sale of the Hornsea Project One to DONG Energy in Q1 2015 as part of its strategy to exit the offshore wind market. The company, which reported a profit after tax of € 96.0 million in 2015 (compared to a loss of € 46.6 million in

about 10 years ago
E.ON Selects Nexans Subsea Cables for Arkona
Business & Finance

E.ON Selects Nexans Subsea Cables for Arkona

Nexans Deutschland has won a contract to supply 76 kilometres of subsea energy cables to E.ON for the 385MW Arkona offshore wind farm. The cables, which will be manufactured in Nexans’ Hanover plant, are designed for operation at 33 kV and will serve as the internal cabling for the wind farm which i

about 10 years ago
NREL: Floating Wind Could Be California’s Next Rush
Business & Finance

NREL: Floating Wind Could Be California’s Next Rush

The construction of floating offshore wind farms in California over the near- to long-term could contribute to economic development in the US West Coast state, especially if significant portions of equipment and services were procured locally, according to a report by the US National Renewable Energ

about 10 years ago
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