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(Reuters) Seven groups of energy companies have sought pre-qualification for Norway's first commercial offshore wind farm tender, the government said on Wednesday, while several others dropped out of the race as soaring costs dampened interest. The tender offers the opportunity to build bottom-fixed wind turbines in the North Sea with a capacity of 1.5 gigawatts,... Continue Reading →
(OW) Denmark-based Cadeler has entered into an unsecured green term loan facility with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC). The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class newbuild vessels and upgrade of the existing O-class vessels with new cranes, namely Wind Orca and Wind Osprey.... Continue Reading →
(OW) The Ventyr Energy consortium has submitted the application to prequalify for the development of 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 between Belgian offshore wind... Continue Reading →
(OE) Norway-based Aker Solutions said Tuesday it had won a sizeable contract from Vattenfall for the Norfolk Vanguard East Offshore Wind Farm off the coast of Norfolk, UK. Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and NOK 1.5 billion The scope of work for Aker Solutions includes the engineering, procurement,... Continue Reading →
(OE) Vattenfall has supplied the first power from its offshore wind farm, Vesterhav Syd, to the Danish power grid. "It was a culmination of almost seven years’ work on the wind farm, when the blades of the first wind turbine were turned up against the wind and started generating fossil-free electricity," Vattenfall said. The first... Continue Reading →
(OW) Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO and... Continue Reading →
(OW) Siemens Gamesa has discontinued its plans to build and operate an offshore wind turbine blade manufacturing plant in Virginia, US. The company’s USD 200 million (about EUR 187 million) manufacturing plant was planned to be built at the Port of Virginia’s Portsmouth Marine Terminal. It was intended to support major US offshore wind projects,... Continue Reading →
(Reuters) - Britain's Octopus Energy said it has made its first investment in German offshore wind under plans to scale up its renewables activity in the world's third-largest market. Octopus Energy Generation has taken a 5% stake in Butendiek, an 80-turbine offshore wind farm 32 kilometres west of the island of Sylt in the North... Continue Reading →
(OET) Italy-headquartered cabling giant Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion, including projects for which the Italian player has been selected as the preferred bidder. This was driven by energy transition and electrification, which are expected to remain long-term growth... Continue Reading →
(OE) Norway-based offshore wind developer Deep Wind Offshore has entered a partnership with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. "The combination of offshore wind and hydrogen has massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewable energy,"... Continue Reading →
Brazil Energy Insight 