Business & Finance
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. The team, led by Professor Eric Loth, Chair of the University of Virginia’s Department of Mechani
Most Popular Videos of 2015
With 2016 fast approaching, Offshore WIND staff have today compiled a list of the five most popular videos in 2015. Take a look of what was watched the most in the year coming to an end. Behind the Offshore Wind Maintenance Scene During high waves, storm and hail, André Carstens goes out to sea to m
Top News of the Week Dec 21 – 27, 2015
Umoe Ventus Sinks After Catching Fire off Langeland The Wave Craft Surface Effect Ship Umoe Ventus sank yesterday after catching fire off Langeland, while en route to Bagenkop, according to local media and the police. German Offshore Wind Farms Over 6 Times Busier in 2015 Germany’s offshore wind far
Two Offshore Wind Projects Take a Piece of France’s EMR ITE 2015 Grant
Two offshore wind-related research projects will receive a portion of a EUR 10 million grant through the Investment for the Future program (EMR ITE 2015) launched jointly by France’s Institute for Energy Transition and National Research Agency (ANR). The first offshore wind-related project that will
Top Interviews of the Year
As the year draws to a close, Offshore WIND staff bring a reminder of interviews which caught our readers’ attention the most in 2015! GE Has the World’s 2nd Largest Order Backlog Offshore WIND has spoken to Anders Søe-Jensen, CEO of GE’s offshore wind unit, at the EWEA 2015 event in Paris, where th
GIEK Backs Umoe Firmus
The Norwegian Export Credit Guarantee Agency (GIEK) has issued a buyer credit guarantee for the new WaveCraft Surface Effect Ship Umoe Firmus, constructed at Umoe Mandal shipyard. GIEK has guaranteed for loan issued by Export Credit Norway corresponding to 70 percent of the loan amount, while DNB ha
Offshore Wind to Remain UK’s Cash Cow in 2016
Offshore wind projects in construction across the UK in 2016 will generate GBP 5.9 billion of investment within the country over the next five years of development and construction activity, according to RenewableUK. Construction activity is currently underway on six offshore wind projects, with ons
Dutch Senate Dismisses ‘Stroom’ Bill, Offshore Wind Construction Delayed
The Dutch Senate’s vote against the new electricity and gas legislation yesterday evening is expected to delay the construction of new offshore wind farms by at least six months, according to Dutch minister of economic affairs Henk Kamp. “What you have achieved is to create a big problem for offshor
Study: Canary Islands Can Save a Bundle by Going All-In on Renewables
The Canary Islands could meet their entire electricity requirements from renewable energy sources by 2050 at under half the price needed to finance the existing oil dependent system, according to a study produced and published by the German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt
Beothuk Proposes 1GW Wind Farm off Nova Scotia
Canada’s Beothuk Energy has revealed plans to build a 1 gigawatt offshore wind farm off the coast of Nova Scotia. The project is estimated to cost CAD 4 billion (USD 2.87bn). Beothuk is proposing to manufacture and install the wind farm in shallow waters off Canada’s southwest coast. The power gener
WindMW Refinances Meerwind
WindMW, the company behind the Meerwind offshore wind farm, has issued a EUR 978 million in bonds to refinance an existing bank debt for the construction of the 288MW offshore wind project. The bonds were issued on 17 December 2015 to a group of around 20 international institutional investors and be
Ocean Installer Nets Gode Wind 1 Cable Gig
Stavanger-based subsea company Ocean Installer has been awarded an offshore wind contract with Norddeutsche Seekabelwerke GmbH. The scope of work includes recovery of two pre-laid HVAC export power cables in the 500 m zone of the Gode Wind 1 offshore sub-station, relay of the cable, installation of
Cowi to Design India’s First Offshore Wind Farm
Danish consultancy Cowi has won a contract to design India’s first offshore wind farm and to head capacity building within the Indian authorities, including preparation of an offshore wind policy. The wind farm is to be located off the coast of Gujarat in northwestern India. The size of the demonst
German Offshore Wind Farms Over 6 Times Busier in 2015
Germany’s offshore wind farms have generated 1.3% of the overall energy produced country-wide in 2015, a 550% increase compared to a 0.2% contribution by offshore wind turbines in 2014, according to the data released by the German Association of Energy and Water Industries (BDEW). Overall, energy ge