294 results found for 'Hornsea Three'

294 results found for 'Hornsea Three'
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  • Mainstream Renewable Power Raises EUR 40 Million in Loan Notes (Ireland)

    16 January 2012

    Global renewable energy developer, Mainstream Renewable Power, has successfully raised €40 million in loan notes in what was one of Ireland’s largest private fundraisings of 2011. The three year loan notes were raised by Dolmen Stockbrokers from Irish high-net-worth individuals and institutions. It is expected that the formal closing of this €40mln will complete in […]

  • Acquisition Not Magic Solution for BiFab, but New OWFs Could Be

    11 May 2018
    Business & Finance

    A number of consented offshore wind projects present a big opportunity to get BiFab back on its feet, according to the Scottish Government. BiFab was acquired by Canadian JV Driver in April as part of the government’s intervention to save the Fife-based company, however, it still needs new contracts to secure its future operation. 

  • GeoSea Agrees to Buy A2SEA from DONG Energy and Siemens

    7 July 2017
    Business & Finance, Vessels

    GeoSea is set to acquire the full ownership of A2SEA, owned by DONG Energy and Siemens, after the three companies signed an agreement today, 7 July. 

  • Dong Closes Onshore Activities to Focus on Offshore

    23 December 2014
    Business & Finance

    DONG Energy has today agreed to divest its shareholding in the Swedish onshore wind farm Storrun and Thursday last week the company divested its shareholding in the Norwegian onshore development company Zephyr. This marks the divestment of DONG Energy’s last onshore wind activities. As regards the 30MW onshore wind farm Storrun in Sweden, which has […]

  • UK Government Awards FID Contracts to Five Offshore Wind Projects

    23 April 2014
    Authorities, Business & Finance

    The UK Government today awarded five offshore wind projects with Financial Investment Decision (FID) enabling contracts. The Government today unveiled eight major renewable electricity projects, which are awarded under the Final Investment Decision (FID) Enabling for Renewables process, allocating the first Contracts for Difference (CfDs) that are being introduced through the Electricity Market Reform programme. […]

  • N-O-S Adds Four Wilson Offshore’s Vessels to Its Fleet

    3 May 2021
    Business & Finance, Vessels

    Northern Offshore Services (N-O-S) will take over the management of four Wilson Offshore’s offshore supply vessels (OSVs) designed for accommodation, cargo transfers, walk-to-work (W2W), survey, and ROV operations. Under a cooperation agreement with the ship owner Wilson Offshore, N-O-S will take over full technical and commercial management over the vessels starting in the third quarter […]

  • CfD Auction Design Changes Come with GBP 1.5 Billion Price Tag

    16 May 2018
    Authorities, Business & Finance, Contracts & Tenders

    The 2017 Contracts for Difference (CfD) will cost UK consumers significantly more relative to the additional capacity secured due to the changes in the auction design which allowed small fuelled-technology projects to raise the strike price of larger projects, National Audit Office (NAO) has found.

  • DONG Energy Opens Call for Offshore Wind Apprenticeships in Grimsby

    19 June 2017
    Operations & Maintenance, Training & Education

    DONG Energy has partnered with the Grimsby Institute to offer new offshore wind turbine technician apprenticeships.

  • Norwegian Companies Join Blåse Energi Floating Offshore Wind Alliance

    20 June 2023
    Collaboration, Outlook & Strategy

    Hammerfest Energy and Varanger Kraft have decided to join the Blåse Energi consortium focused on developing floating offshore wind projects in Norway. According to the press release, Hammerfest Energi and Varanger Kraft will contribute with expertise around grids and grid planning, as well as dialogue with the Norwegian authorities. “Offshore wind is a new area […]

  • Highlights of the Month – July 2020

    3 August 2020

    We bring you the ten most-read articles on OffshoreWIND.biz for the month of July 2020. Blade Crashes Into Apollo’s Gangway Offshore Belgium A blade from one of SeaMade’s wind turbines collided with the gangway on DEME Group’s jack-up Apollo at the beginning of July, after which the gangway detached from the vessel and fell into the […]

  • Bladt Reports Good 2016 Results. Eyes US, APAC Offshore Wind Markets

    7 April 2017
    Business & Finance

    According to Bladt Industries’ 2016 annual results, the company saw a very favourable year with offshore wind projects as the main driver. Bladt reported a revenue increase from DKK 3 billion (approx. EUR 403 million) in 2015 to DKK 3.5 billion (approx. EUR 470 million) last year.

  • Siemens to build wind turbine production plant in the UK

    29 March 2010
    Technology

    Siemens Energy is to build a new production plant for offshore wind turbines in the UK. With the new plant Siemens wants to meet the growing demand for wind turbines for British offshore projects. As world market leader in the offshore sector Siemens has already successfully implemented eleven projects with a combined capacity in excess […]

  • Parsons Brinckerhoff Targets Humber Offshore Wind Through THMA (UK)

    18 October 2011

    One of the world’s leading engineering consultancies and energy specialists is targeting the Humber region because of its increasing importance as a renewable energy hub. Parsons Brinckerhoff, part of the Balfour Beatty group, has joined Team Humber Marine Alliance (THMA) as its latest member ahead of a concerted move by the industry to develop new […]

  • Ørsted and POSCO Form Offshore Wind and Hydrogen Pact in Korea

    27 May 2021
    Business & Finance, Technology, Wind Farm Update

    Ørsted and POSCO Group, one of the largest conglomerates in Korea, have signed a Memorandum of Understanding (MoU) to strengthen collaboration on offshore wind and renewable hydrogen in Korea. POSCO and its affiliates will apply the group’s joint capabilities to support the development of Ørsted’s 1.6 GW offshore wind projects off the coast of Incheon […]

  • Parkwind Consortium Submits Application for Norwegian Offshore Wind Project

    15 November 2023
    Authorities, Collaboration, Outlook & Strategy, Planning & Permitting

    The Ventyr Energy consortium has submitted the application to prequalify for the development of an offshore wind project in the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy consortium was first established as a partnership […]

  • Floating LiDAR Deployed in Utsira Nord Area to Support Norwegian Offshore Wind Development

    4 July 2023
    Business development, Research & Development

    TGS has announced the deployment of the “first-ever” LiDAR buoy measurement campaign to support Norwegian offshore wind development. This represents the first industry-led investment and installation toward making large-scale Norwegian offshore wind a reality, said TGS. The buoy has been deployed in the Utsira Nord zone. Throughout the 12-month campaign, it will conduct wind, metocean, […]

  • BVG Associates: Who Could Win Next CfD Auction in UK?

    7 January 2016
    Authorities, Business & Finance

    Following the UK Energy Secretary Amber Rudd’s announcement that the government will hold three Contract for Difference (CfD) auctions before 2020, the first of which will kick off this year, Chris Willow, Senior Associate at BVG Associates, has selected front runners in the race to win the first auction. In terms of projects that could win the auction, […]

  • Offshore Wind Demonstrates Unprecedented Cost Cuts

    11 September 2017
    Business & Finance

    After the UK government awarded three offshore wind projects with Contracts for Difference (CfDs), RenewableUK and Offshore Renewable Energy (ORE) Catapult commented on the news, highlighting the major decline in the cost of offshore wind.

  • UK Competition Winners Get Funds to Kick-Start North Sea Oil & Gas Electrification

    7 December 2021
    Environment, Technology

    UK’s petroleum regulator, the Oil and Gas Authority (OGA), has selected three winners for its £1 million offshore electrification competition, aiming to advance oil and gas electrification plans as part of the UK’s decarbonisation efforts. Three winners are sharing a £1 million, or about $1.3 million, prize for ideas that could help cut greenhouse gas […]

  • Parkwind & Co Reveal ScotWind Bid

    20 July 2021
    Contracts & Tenders

    A consortium comprising Parkwind, Quaybridge Scotland, and Maple Power (a joint venture between Enbridge and Canada Pension Plan Investment Board) announced on 20 July that their NextGen consortium was participating in the ScotWind seabed leasing round in Scotland. According to the consortium, early development work on offshore wind sites in Scotland has already been completed from […]

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • Two Offshore Wind-to-Hydrogen Projects Withdraw from UK’s First Electrolytic Allocation Round

    18 August 2023
    Authorities, Business & Finance, Contracts & Tenders, Floating Wind, Power-to-X

    An Ørsted-Phillips 66 partnership and ERM have withdrawn their Gigastack and Dolphyn projects, respectively, from the UK’s first electrolytic allocation round (HAR1). While ERM has made the move as it aims at securing alternative funding for a phased multi-unit larger development, Ørsted and Phillips 66 have now halted their Gigastack project. Both projects involve producing […]

  • Offshore Wind Investments to Reach USD 810 Billion by 2030 – Rystad Energy

    30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • Mercurio Plastics Shipyard ‒ Offshore wind: A challenging market

    15 October 2012

    Spanish Mercurio Group found that attending the SeaWorks trade fair in Southampton lead to dedicated shipbuilding for the offshore wind industry. In 2011 they were commissioned by offshore logistics provider Tidal Transit to build two purpose built support vessels for this sector. The Ginny Louise arrived in December 2011 and started work on Greater Gabbard […]

  • Ørsted and Esvagt Investing in ‘World’s First’ Green Fuel Service Operation Vessel

    8 April 2022
    Operations & Maintenance, Ports & Logistics, Technology, Vessels

    Ørsted and Esvagt have decided to invest in what the companies describe as the world’s first service operation vessel (SOV) that can operate on green fuels. The SOV will be powered by batteries and dual-fuel engines, capable of sailing on renewable e-methanol, produced from wind energy and biogenic carbon, which will lead to a yearly […]

  • UPDATED: Irish Government Designates 900 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway

    14 July 2023
    Authorities

    NOTE: The original article “Irish Government Designates 700 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway”, published on the 14th of July, has been updated following information from the Irish Department of the Environment, Climate and Communications (DECC) that the grid capacity available for auction in ORESS 2.1 has been upgraded from […]