The offshore wind market is set to experience a significant improvement in Levelized Cost of Electricity (LCOE) over the next five years, as technology and supply chain gains improve, according to the renewables market analyst MAKE. The improvements in LCOE within the offshore market will be mainly
DONG Energy is starting consultation as part of the planning process for the Hornsea Project Three offshore wind farm, which has a maximum capacity of 2.4 GW. Hornsea Project Three is now seeking to enter the planning process, with a consent application expected to be submitted in 2018. If this is s
Siemens recorded a 16% increase in revenue at its Wind Power and Renewables division in the second quarter of the Fiscal Year 2016 compared to the same period a year earlier. Wind Power and Renewables was one of the company’s divisions to land nine-digit contracts in the quarter with a EUR 1.2 billi
Following the recent launch of its Dutch office, the recruitment specialist ERSG has opened a new office in Hamburg, Germany. ERSG has appointed Taimur Malik as the Country Manager in Germany. Malik said: “I am tremendously excited to be joining ERSG as the Country Manager for Germany. Having worked
E.ON has opened this year’s GBP 100,000 Humber Gateway Offshore Wind Farm Community Support Fund and is inviting local sustainable projects to apply for funding. The fund was set up in 2015 to help support community and voluntary organisations as well as registered charities in the parishes which bo
The Damen Shipyards Group and GustoMSC have started collaborating in order to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range. The collaboration, announced at this year’s OTC in Houston, will be based on GustoMSC’s track reco
Dutch SMST has been awarded a contract for the delivery of a 3D motion compensated crane (MCC) for Østensjø Rederi’s new Service Operation Vessel (SOV) which will be deployed at the 580MW Race Bank wind farm offshore UK. The SMST motion compensated crane is designed to transfer equipment to an offsh
Siemens, SPR Sign Europe’s Largest Wind Turbine Contract ScottishPower Renewables (SPR) has concluded a major East Anglia ONE deal with Siemens, worth up to one-third of the overall £ 2.5 billion (€ 3.2 billion) project investment. Under the agreement, Siemens will supply 102 wind turbines and servi
Olympic Shipping, a Norwegian owner and operator of offshore service vessels, has contracted its inspection, maintenance and repair ship Olympic Delta to an unnamed international client for a renewable energy project. The Olympic Delta will start its charter in August for a fixed period of 120 days
Norway’s Bonheur ASA and Ganger Rolf ASA will complete their merger on 6 May, with Bonheur ASA as the surviving entity, the companies said in a stock filing. The last day the two companies will trade separately on the Oslo Stock Exchange will be 4 May, according to the statement. The merger will be
Cape Wind Associates has filed a court appeal against the Massachusetts Energy Facilities Siting Board’s decision not to extend the company’s permit for two subsea cables that would connect a 468MW offshore wind farm in Nantucket Sound to the mainland. The board decided not to extend the permit by M
The US Bureau of Ocean Energy Management (BOEM) has issued a new guide to help government agencies and Native American communities work together to identify areas along the country’s west coast that could be affected by future offshore renewable energy development. The potential for impacts to impor
DONG Energy will cover additional costs of UK businesses “going green”, so that they can access renewable electricity and achieve their sustainability ambitions without commercial disadvantage, the offshore wind developer informed today. “We are taking this bold step because we believe that all busi
Vattenfall’s Wind Business Area, the Swedish utility’s sector in charge of wind power operations, ended the first quarter of 2016 with an operating profit before depreciation, amortisation and impairment losses (EBITDA) of SEK 1.5 billion (EUR 164 million), a 12% increase compared to SEK 1.34bn EBIT
