Offshore Wind
Walney Extension Fund Gives Out First Grants
Thirteen local organisations in Lancashire and Cumbria coastal communities have been awarded grants totalling GBP 250,000 through DONG Energy’s new Walney Extension Community Benefit Fund. Each year, approximately GBP 600,000 will be made available for community projects for the expected 25-year lif
TSG Marine Expanding, Picks Port of Blyth as Its Base
TSG Marine and Port of Blyth have announced a partnership that will see the provider of engineering solutions to the oil & gas, marine and renewables industries creating a base for its services at the Port. The engineering company has been looking for a waterside base to support its expansion plans
MHI Vestas Employing 70 at UK Blade Factory
MHI Vestas has announced 70 new jobs created in the Solent Region as the company is increasing production staff at its blade production facility on the Isle of Wight. Economic impact of MHI Vestas’ Blade Production facility in the last 12 months has been £135 million of economic output to the UK eco
Japan’s Largest Banks Eye More European Offshore Wind Financing
Negative interest rates in Japan have pushed two of the country’s biggest banks, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group, to adding more project finance loans for, primarily European, renewable energy as infrastructure such as offshore wind farms brings strong yield
Japan’s Largest Banks Eye More European Offshore Wind Financing
Negative interest rates in Japan have pushed two of the country’s biggest banks, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group, to adding more project finance loans for, primarily European, renewable energy as infrastructure such as offshore wind farms brings strong yield
Borssele, Danish Nearshore Bids Slash LCOE in H2 2016
Competitive bidding for projects in Denmark and the Netherlands has driven global levelised costs of electricity (LCOE) from offshore wind down to a benchmark estimate of USD 126 per megawatt-hour in the second half of 2016, down 22% from the first half of 2016, and 28% from the second half of 2015,
Boskalis to Start Laying Off Employees in November
The trade union CNV Vakmensen has agreed to the social plan related to Royal Boskalis Westminister’s fleet rationalization, announced in July. Mid-September, Boskalis’ Dutch Works Council agreed to the fleet rationalization and the related social plan. Boskalis will start with the implementation of
Bladt Industries: Uniform Jacket Foundation Design Would Save Money (Interview)
A standardised design of jacket foundations would greatly contribute to offshore wind cost reduction, according to Jan Kjærsgaard, CEO of Bladt Industries, a company whose foundations are supporting numerous turbines installed in European waters. With the offshore wind industry being massively focus
RenewableUK: Britain Can Cash In On Offshore Wind Know-How Abroad
British companies have already won 115 contracts to provide services for 50 offshore wind projects abroad and can stand to benefit further from 250 offshore wind farms in development around the world, according to a document released by RenewableUK. The document shows that British companies are winn
RenewableUK: Britain Can Cash In On Offshore Wind Know-How Abroad
British companies have already won 115 contracts to provide services for 50 offshore wind projects abroad and can stand to benefit further from 250 offshore wind farms in development around the world, according to a document released by RenewableUK. The document shows that British companies are winn
Braveheart Expands Offshore Services, Orders New Javelin Vessel
Braveheart Shipping has contracted Javelin International to build a new vessel, called Javelin 25.25, as Braveheart is further expanding its offshore services in the area of crew tendering, hydrographic and seismological research, and survey activities. The 25.90m long vessel will be used for both s
Palfinger Marine Unveils 3D-Compensation Module for Offshore Cranes
Palfinger Marine has launched a new 3D-compensation module designed for mounting on the company’s knuckle boom, telescopic boom or stiff boom cranes to transfer goods between the service operation vessels (SOVs) and wind turbines or other fixed offshore installations. The 3D-compensation enables pos
IRENA: Offshore Wind Could Reach 100GW Capacity by 2030
Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi
IRENA: Offshore Wind Could Reach 100GW Capacity by 2030
Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi