Business & Finance
Adwen Targeting Asia with Monsoon-Ready Turbine
Adwen has obtained the type certificate of its AD 5-132 offshore wind turbine awarded by the independent certification body DNV GL. The AD 5-132 has been designed and certified as special class, covering the most demanding offshore sites worldwide. This wind turbine is tailored for subtropical monso
AWEA Welcomes Danish-US Offshore Wind MOU
The American Wind Energy Association (AWEA) has hailed progress by American agencies in working with their Scandinavian counterparts to expedite the development of offshore wind in this country. The leaders of the United States, Denmark, Finland, Iceland, Norway, and Sweden released a joint statemen
The Crown Estate Okays Hywind Scotland Seabed Lease
The Crown Estate has granted a lease to Statoil that will enable the start of construction of the 30MW Hywind Scotland floating wind farm located at Buchan Deep, some 25 kilometres from Peterhead. The project – set to be the world’s largest floating wind farm – consists of five 6MW turbines which wi
UK Wind Notches First Monthly Output Win over Coal
The National Grid statistics have shown that wind generated more electricity in the UK than coal over the course of an entire month for the first time this April, RenewableUK reports. In April 2016, wind generated 2,290 gigawatt hours (GWh) in the UK, while coal generated 1,755GWh, according to the
France to Announce Floating Wind Tender Winners in July
France will announce the results of the call for expressions of interest to develop floating offshore wind projects in July 2016, Ségolène Royal, the French Minister for Ecology, Sustainable Development and Energy, said. The quality and the number of applications received under the tender reflect th
Denmark and USA Ink Offshore Wind MOU
Denmark and the United States have signed a Memorandum of Understanding (MOU) to strengthen their cooperation on offshore wind energy projects. On 4 May 2016 at the Embassy of Denmark in Washington, D.C., Danish Ambassador Lars Gert Lose and BOEM Director Abigail Ross Hopper signed the MOU to recogn
Interview: Specialized Vessels Give Chevalier Floatels a Competitive Edge in Offshore RE Industry
Oil and gas offshore service vessel operators are becoming increasingly interested in the offshore renewables industry as their main market deteriorates; however, vessel operators that specialize in the renewables sector such as Chevalier Floatels have an edge over the new competitors in that their
Top News of the Week May 9 – 15, 2016
Oil & Gas Giant Bids to Build Dutch Offshore Wind Farms Following recent media reports that Shell, one of the biggest oil and gas companies, will take part in Dutch tender for Borssele I and II offshore wind sites as part of a consortium also comprising Eneco and Van Oord, the move was confirmed thi
ASIME: Offshore Wind Could Create 10,000 Jobs in Galicia
Offshore wind industry could potentially create 10,000 jobs in the Spanish region of Galicia in the coming years, Enrique Mallon, the Secretary General of the association of metal workers of Galicia (ASIME), said during Galician Offshore International HUB 2016 forum held in Ferrol on 12 and 13 May.
RenewableUK: Dudgeon Proves UK Offshore Wind Is Attractive to Investors
RenewableUK says the announcement by Statkraft, Statoil and Masdar that a GBP 1.3 billion agreement has been reached to achieve financial close on the Dudgeon offshore wind farm project shows that investor confidence in the UK’s offshore wind market remains high. RenewableUK’s Deputy Chief Executive
Origo Joins Hywind Team
Norwegian technology company Origo Solutions has been awarded a contract to develop a Supervisory Control and Data Acquisition (SCADA) system for the Hywind Scotland Pilot Park. Statoil’s 30MW Hywind Scotland is the world’s first floating wind farm, located some 30 kilometers off the coast of Aberde
EnBW Baltic 2 Brings Home the Bacon
German utility EnBW AG’s Grids and Renewable Energies division recorded a 159% increase in its operating result in the first quarter of 2016 compared to the same period in 2015, largely attributed to the 288 EnBW Baltic 2 offshore wind farm which was fully commissioned in September 2015. The divisio
US Offshore Wind Demo Projects Could Get a USD 40 Million Boost
The US Senate has passed the Energy and Water Development Appropriations Act, a bipartisan legislation which includes a recommendation that USD 40 million be allocated to the offshore wind demonstration programs. Senator Angus King from Maine has urged the Appropriations Committee to include this la
Dudgeon Nets GBP 1.3 Billion Project Financing
The developers of the 402MW Dudgeon offshore wind farm have arranged a GBP 1.3 billion long-term financing for the project with a consortium of international banks and financial institutions on May 12, having reached financial close in six months. The limited recourse financing will fund the capital