Business & Finance
Aegon, LBPAM Invest EUR 70 Million in Meerwind OWF
Aegon Asset Management (AAM) and its French joint venture partner La Banque Postale Asset Management (LBPAM) have invested EUR 70 million in the 288MW Meerwind offshore wind farm. Aegon Asset Management has invested EUR 45 million in the wind farm, with LBPAM providing the remaining EUR 25 million.
Report: New Jersey’s Offshore Wind Potential Is an Untapped Jackpot
New Jersey may have lost the race to build the first offshore wind facility in the nation, but the potential for offshore wind power production is still highest off the Jersey Shore, according to a new report by Environment New Jersey Research and Policy Center report. Using data from the US Nationa
Offshore Crane Market to Reach USD 21.64Bn by 2020
The offshore crane market is projected to reach a market size of USD 21.64 billion at a CAGR of 8.8% from 2015 to 2020, a report said, naming rapid technological advancements and increase in the offshore renewables industry as some of the major driving factors for the market. Globally, lattice boom
2015 Best Ever for British Wind Energy Generation
New official statistics from UK’s National Grid show that 2015 was a record year for wind energy generation, with onshore and offshore wind farms supplying their largest ever amounts of clean electricity to Britain’s homes, factories and offices, according to RenewableUK. Overall, 11% of the UK’s el
CWind Goes With AST Vessel Maintenance and Monitoring System
UK based AST Marine Sciences Ltd has received a contract to supply CWind with installations of the AST-Planned Maintenance System software on board their fleet of vessels. The AST-Planned Maintenance System is a vessel organisational software tool. Developed by Marine Engineers, the system enables c
Infographic: Rise of Wind Energy in Germany in 2015
The German electricity system has reached a new milestone, generating 85.4 billion kWh of wind power in 2015, which is the highest amount ever recorded and 66% more than in 2014, according to Strom-Report. Nationwide, wind energy accounted for 13.3% of German electricity generation during the last y
E.ON Splits Its Business Operations
As announced earlier, E.ON separated its operations from Uniper’s effective 1 January, 2016. E.ON will focus on renewables, energy networks, and customer solutions, whereas Uniper will operate a conventional energy business consisting of conventional power generation (including hydro) and global ene
Offshore Wind Could Boost Indo-Norwegian Business Ties
Offshore wind energy could be an area of great interest for further Indo-Norwegian partnerships in business and research, as Norwegian companies can contribute to India’s offshore wind sector with their expertise and technological know-how necessary to create cost-effective projects, according to th
Top News of the Week Dec 28, 2015– Jan 3, 2016
US Team Developing Mega Turbines Inspired by Palm Trees A US-based team of scientists plans to use a USD 3.56 million grant to develop wind turbines able to protect themselves in severe weather by folding in their rotor blades like palm trees in a hurricane. Vattenfall Sets Aside EUR 5.5 Billion for
Offshore ReWIND: The Most Read News of 2015
The Offshore WIND staff thought that the New Year’s Day would be the perfect time to let you – our readers – be editors and compile a list of news you found the most interesting and worth a read in 2015. DONG Energy Seeks Technical and Consultancy Staff for Danish Projects DONG Energy has invited te
Happy New Year!
The Offshore WIND staff would like to wish all our readers a happy, prosperous, and offshore wind-powered 2016! Happy New Year! Image source: Marc Pearce
Natural Power: UK Wind Capacity In Double-Digit Growth Mode Until 2020
The combined installed capacity for onshore and offshore wind in the UK will demonstrate a +11% compound annual growth rate every year until 2020, according to Natural Power, a renewable energy consultancy and products provider. That is 24 gigawatts, or almost 66 million megawatt-hours of electricit
Vattenfall Sets Aside EUR 5.5 Billion for Wind Development
Swedish utility Vattenfall plans to invest EUR 5.5 billion in on- and offshore wind energy development by 2020, the company’s Head of Business Area Wind Gunnar Groebler was quoted by German media as saying. The amount is equal to what the state-owned power company invested in wind power development
Highlights of 2015: Editors’ Picks
2015 has been a momentous year for the offshore wind industry, and creating a list of highlights is not an easy task. However, after much deliberation, our editors have compiled a subjective overview of significant changes in the offshore wind landscape in 2015. DONG to Build World’s Biggest Offshor