Offshore Renewables News - page 2

Oil Crash Makes Wind Power Firm Nordics' Biggest Energy Company

Mar 11, 2020

The oil price crash has led to Danish offshore wind developer Orsted overtaking Norwegian oil major Equinor as the most valuable energy company in the Nordics, highlighting the appeal to investors of renewables over fossil fuels. Shares in Equinor…

ABB Power & Control for Japan's Wind Turbine Installation Vessel

Mar 10, 2020

ABB will equip Japan-built self-elevating wind turbine installation vessel with its power and control technologies.The company said Tuesday that the 28,000-GT jack-up unit on order from builder Japan Marine United Corp, and due for delivery to Shimizu Corp…

DNV GL Awards 'First of its Kind' Floating Solar Certificate

Mar 09, 2020

Global classification society DNV GL has awarded a conformity statement to Norwegian solar energy company Ocean Sun for its floating solar design methodology.The conformity statement is the first of its kind and was issued following a thorough…

Iberdrola Becomes Full Owner of French Offshore Wind Farm

Mar 09, 2020

Spanish energy company Iberdrola has agreed to buy the remaining 30% interest in Ailes Marines, a company developing the Saint-Brieuc offshore wind farm in France.Iberdrola said the transaction would add momentum to the project, which is scheduled to begin construction in 2021…

Macquarie, EnBW, Team Up with JERA on Taiwanese Offshore Wind Project

Mar 09, 2020

Macquarie's Green Investment Group (GIG) and EnBW Energie Baden-Württemberg AG have reached an agreement with Japanese utility JERA to join in developing Taiwan's Formosa 3 offshore wind farm. JERA now holds a 43.75% stake in the project. The Green Investment Group holds 31…

Magnora Invests Oil Money into Wind Company

Mar 06, 2020

Magnora, an Oslo-listed company, formed after oil rig designer Sevan Marine sold its business to Sembcorp, has announced an investment into a wind project development.The news comes less than a month after Magnora initially voiced its intention…

Ørsted Partners with Montclair State University

Mar 06, 2020

Ørsted U.S. Offshore Wind, a U.S. subsidiary of the Danish wind power giant Ørsted, has signed an agreement with New Jersey's Montclair State University to support clean energy research and educational outreach activitiesUnder the agreement…

Prysmian to Deliver Cables for French Offshore Wind Farm

Mar 05, 2020

Italian marine cable installation specialist Prysmian has won a contract worth over €150 million (around $167 million) to deliver cable systems for an offshore wind farm in France.Prysmian said Thursday the contract was awarded by Réseau de…

Dutch Gov't to Double Renewables Subsidies

Mar 05, 2020

The Dutch government on Wednesday said it would double the amount of money available under its renewable energy subsidy program to 4 billion euros ($4.45 billion) in 2020, from a previously planned 2 billion euros.The Netherlands is scrambling…

Lifting Stabilization Tool Advances Offshore Wind Turbine Installation

Mar 04, 2020

The wind blows steadier at sea than on land, creating more reliable energy conditions for the generation of renewable energy—a major opportunity to combat climate change without disrupting the lives of those people it will benefit the most.…

Ørsted Lifts EBITDA Guidance on Hornsea 1 Sale

Mar 04, 2020

Danish offshore wind developer Ørsted has increased its full-year guidance by DKK 1 billion ($148,8 million) and now expects EBITDA excluding earnings from new partnership agreements to be DKK 16-17 billion ($2,38 billion - $2,53 billion) in 2020…

Record Month for Belgian Offshore Wind

Mar 03, 2020

February 2020 was a record month for offshore wind energy production in the Belgian sector of North Sea, the Belgian Offshore Platform has informed.According to the industry body also known as BOP, offshore wind turbines in Belgium reached 804…

Klein Chooses RadarWatch for Korean Offshore Wind Farm

Mar 02, 2020

Klein Marine Systems Selects Cambridge Pixel’s RadarWatch and Target Tracking Technology to Protect Korean Offshore Wind FarmCambridge Pixel, a developer of radar display, tracking and recording sub-systems, has supplied its RadarWatch coastal surveillance software…

Jumbo Scores DEME Offshore Wind Contract

Mar 02, 2020

Jumbo has been awarded a contract to support DEME Offshore in its scope of work on Ørsted’s Hornsea Two offshore wind farm. Jumbo’s scope of work in the project is the provision of transportation for 165 monopiles from Rostock to Eemshaven and…

Shell, Gasunie Building Giant Wind-Powered Hydrogen Plant

Feb 27, 2020

A consortium of Gasunie, Groningen Seaports, and Shell on Thursday announced plans to build a massive green hydrogen plant in Groningen.The project, dubbed Europe's largest green hydrogen project, and named the NortH2, envisions the production…

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