(IN BRIEF) ABL has appointed Li Xiang as Regional Director to lead its rigs, jack-up, and geotechnical services across Asia-Pacific. Based in Singapore, Li Xiang will oversee operations across 10 countries and strengthen collaboration with ABL’s sister companies and technical … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABL, ABL appoints Li Xiang as Regional Director to lead rigs, ABL Group, AGR, and geotechnical services across Asia Pacific, Asia Pacific, decommissioning, geotechnical engineering, IADC Southeast Asia Chapter Awards, jack-up, jack-ups, Li Xiang, Li Xiang named Regional Director at ABL to strengthen offshore energy and geotechnical services in Asia-Pacific, Longitude, offshore energy, Offshore wind, oil and gas, OWC, renewable energy, rig inspections, rig moves, rig operations, rigs, Simon Healy, Singapore, site-specific assessments, SSAs, sustainability
(IN BRIEF) RWE and Co-op Group have entered a seven-year Power Purchase Agreement that will see Co-op source 33 GWh of renewable electricity annually from the Gwynt y Môr offshore wind farm, enough to power around 140 Co-op food stores … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, News, Retail, United Kingdom
Tagged Climate Action Plan, Co-op Group, decarbonisation, electricity, Gwynt y Môr, Heather Thomas, Irish Sea, Macquarie GIG, net zero, North Wales, Offshore wind, Olaf Lubenow, Power Purchase Agreement, PPA, renewable energy, RWE, RWE and Co-op Group sign seven-year renewable energy agreement to power UK stores with offshore wind, RWE partners with Co-op Group through long-term renewable energy supply deal, RWE supplies Co-op Group with renewable power from Wales’s largest offshore wind farm to support net zero targets, SBTi, Science Based Targets initiative, Stadtwerke München GmbH, sustainable energy, UK energy security, Wales
(IN BRIEF) RWE has completed the installation of all 72 monopile foundations for the 1.1-gigawatt Thor offshore wind farm in Denmark, achieving the milestone within just five months. Located 22 kilometres off the Jutland coast, Thor is being jointly developed … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Germany, Government, Industrial, Infrastructure & Utilities, Investment, News
Tagged and recyclable blades, Danish North Sea, Denmark, green electricity, Jan De Nul, Jutland, Les Alizés, low-carbon steel towers, low-carbon towers, monopiles, Norges Bank Investment Management, Offshore wind, offshore wind jobs, one million Danish homes, Port of Esbjerg, Port of Thorsminde, Port of Thyborøn, recyclable blades, renewable energy, reusable monopile covers, RWE, set to power over one million Danish homes by 2027, sustainable construction, Sustainable offshore progress as RWE advances 1.1 GW Thor wind farm with reusable covers, Thor offshore wind farm, Thor offshore wind farm reaches key milestone with 72 monopiles installed, Tobias Keitel
(IN BRIEF) The European Investment Bank has approved €250 million in financing for Nexans to accelerate its industrial investments and research initiatives between 2024 and 2029, with part of the loan backed by an InvestEU guarantee. The funding will support … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Luxembourg, News, Technology
Tagged Ambroise Fayolle, Bourg-en-Bresse, cable production, Calais, carbon neutrality, Charleroi, Christopher Guérin, copper recycling, EIB, EIB backs Nexans with €250 million financing to expand copper recycling, EIB Provides €250 Million Financing to Nexans to Drive R&D, electrification, energy transition, Erembodegem, European Investment Bank, InvestEU, Lens, low-carbon medium-voltage cables, NEXANS, Offshore wind, Production Expansion and Copper Recycling for the Energy Transition, production sites and R&D for Europe’s energy transition, REPowerEU, Science Based Targets initiative, submarine interconnections
(IN BRIEF) Equinor has confirmed its participation in Ørsted’s planned Rights Issue, committing to subscribe for up to DKK 6 billion (USD 939 million) to maintain its 10% ownership stake. The decision follows dialogue with Ørsted and reflects Equinor’s confidence … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged board nomination, DKK 6 billion, Empire Wind 1, energy transition, Equinor, industry consolidation, North-West Europe, Offshore wind, partnership, renewable energy, Rights Issue, shareholder support, sustainability, US offshore wind, USD 939 million, Ørsted
(IN BRIEF) ABL has promoted Carmela Friedman to Director of Renewables for England, where she will lead the growth and delivery of the company’s MWS and engineering consultancy services for offshore wind, interconnector, and subsea cabling projects across England and … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABL, ABL Group, appointment, asset integrity, Carmela Friedman, Director of Renewables, energy transition, interconnector projects, James Anderson, leadership, marine advisory, marine consultancy, Marine Warranty Survey, Mike McLachlan, MWS, North Sea, Offshore wind, renewable energy, subsea cabling
(IN BRIEF) RWE and Siemens Gamesa have begun the large-scale installation of recyclable rotor blades at the Sofia Offshore Wind Farm, marking a UK first and a milestone in offshore wind sustainability. A total of 150 blades will be deployed … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Cadeler, circular economy, Darren Davidson, Dogger Bank, Hull blade factory, net zero, Offshore wind, partnership, recyclable blades, renewable energy, RWE, SG 14-222 turbines, Siemens Gamesa, Sofia Offshore Wind Farm, sustainability, Thomas Michel, UK energy transition, Wind Peak vessel
(IN BRIEF) DNV has signed a two-year contract with Kolon Global Corporation to provide owner’s engineering services for the 400MW Wando Jangbogo Offshore Wind Project in Jeollanam-do, Korea. The project is one of the largest offshore wind initiatives in the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Brice Le Gallo, community participation, DNV, energy transition, EPC, Jeollanam-do, Jeonnam Development Corporation, Kolon Global, Korea Western Power, KRW 2.6 trillion, Offshore wind, owner’s engineer, partnership, renewable energy, Sang-man Lee, South Korea, sustainability, turbine selection, Wando Jangbogo Offshore Wind Power Project, wind power, Young Hee Moon
(IN BRIEF) RWE has entered a decade-plus charter agreement with North Star for two eco-friendly service operation vessels—Grampian Eagle (12-year term) and Grampian Kestrel (10-year term)—to support maintenance at its UK and German offshore wind farms. Windward Offshore will supply … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities
Tagged Gitte Gard Talmo, Grampian Eagle, Grampian Kestrel, Heligoland, low emission fuels, maintenance support, North Star, Offshore wind, offshore wind portfolio, Partners Group, RWE, service operation vessels, SOV, Thomas Michel, Triton Knoll, Vard Group, vessel reservation, walk-to-work gangway, Windward Offshore
(IN BRIEF) RWE and Norges Bank Investment Management have marked a significant milestone in their joint Nordseecluster offshore wind project with the installation of the first monopile foundation approximately 50 km off the coast of Juist, Germany. Each foundation, weighing … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 1.6 GW, Boreas, climate targets, Eemshaven, energy transition, German North Sea, Germany, Green Energy, Juist, monopile, Nordseecluster, Nordseecluster A, Nordseecluster B, Norges Bank Investment Management, offshore installation, Offshore wind, OranjeWind, partnership, renewable electricity, RWE, Sofia project, sustainability, sustainable infrastructure, Thor project, TotalEnergies, transition piece-less, Van Oord, wind energy, wind turbine foundations
(IN BRIEF) RWE and The Oyster Restoration Company completed a six‑month feasibility study confirming that native oyster reefs can be restored at scale within North Sea offshore wind farms. Conducted at TORC’s Scottish hatchery, the research tested substrates like shells … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Dr Nik Sachlikidis, Dr Thomas Michel, ecosystem engineering, Europe, feasibility study, habitat restoration, marine biodiversity, net‑positive impact, North Sea, Offshore wind, oyster reef restoration, partnership, RWE, scalable solutions, substrate evaluation, sustainability, sustainable energy, The Oyster Restoration Company, TORC hatchery, UK, verification frameworks
(IN BRIEF) Energy and marine consultancy ABL has been named Marine Warranty Surveyor for the marine T&I works on Australia’s Marinus Link interconnector, a 345 km power cable connecting Tasmania and Victoria (255 km subsea). ABL Australia will review design documents, certify vessel … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged ABL, ABL Group, AEMO, Australian Energy Market Operator, cable burial, cable lay, DP assurance, electrification, high‑voltage subsea cable, Jason Hannath, landfall operations, Marine Warranty Survey, Marinus Link, MWS, Offshore wind, partnership, renewable integration, submarine interconnector, sustainability, T&I campaign, Tasmania, trenching, vessel suitability survey, Victoria
(IN BRIEF) KfW IPEX-Bank and partner banks, with export credit support from Eksfin and Sinosure, have arranged EUR 525 million in financing for two new wind turbine installation vessels for Cadeler, with KfW IPEX-Bank contributing nearly EUR 60 million. Built … Read the full press release
Posted in Banks, Business, Construction, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged Aida Welker, battery package, biodiesel, Cadeler, COSCO Shipping Heavy Industry, Eksfin, EUR 525 million financing, European suppliers, export credit agencies, green loan, jacket installation, KfW IPEX-Bank, methanol conversion, monopile installation, Offshore wind, partnership, Shore Power, Sinosure, sustainability, turbine installation, wind turbine installation vessel, WTIV
(IN BRIEF) The Nordic Investment Bank (NIB) will provide two 26-year loans worth EUR 126 million to support the construction of Poland’s Bałtyk 2 and Bałtyk 3 offshore wind farms. Jointly developed by Norway’s Equinor Wind Power and Poland’s Polenergia, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Poland, Technology
Tagged 3 GW wind capacity, 720 MW, André Küüsvek, Baltic Sea, Baltyk 2, Baltyk 3, climate investment, CO2 reduction, decarbonisation, energy resilience, Equinor Wind Power, EU Green Deal, green financing, InvestEU, InvestEU guarantee, NIB, Nordic Investment Bank, offshore turbines, Offshore wind, partnership, Poland energy transition, Polenergia, regional cooperation, renewable energy, sustainability, sustainable infrastructure
(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Baltyk 2, Baltyk 3, Coal Phase-Out, energy transition, Equinor, Euler Hermes, European export industry, export credit agencies, financing, greenhouse gas emissions, KfW IPEX-Bank, Offshore wind, offshore wind market, partnership, Poland, Polenergia, renewable energy, Siemens SG 14-236 DD, sustainability, Velibor Marjanovic
(IN BRIEF) Lloyds Banking Group has partnered with North East Mayor Kim McGuinness, NECA, and OFI to create a green energy hub in the North East. The initiative focuses on unlocking private sector investment to support the region’s green energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged clean energy, electric vehicles, green industry, Infrastructure Development, Kim McGuinness, Lloyds Banking Group, net zero, North East, North East Combined Authority, North East Investment Zone, Office for Investment, Offshore wind, partnership, private investment, sustainability, sustainable growth, Tyne Economic Corridor, UKREiiF
(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Anders Opedal, Bureau of Ocean Energy Management, Empire Offshore Wind, Empire Wind, energy infrastructure, Equinor, job creation, Molly Morris, New York, offshore installation, Offshore wind, partnership, renewable energy, stop work order, sustainability, U.S. energy projects
(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged breakaway costs, CFD, Contract for Difference, energy transition, Hornsea 4, Offshore wind, partnership, project discontinuation, Rasmus Errboe, risks, supply chain, sustainability, UK, wind energy, Ørsted
(IN BRIEF) RWE has installed the first monopile at the Thor offshore wind farm, marking the beginning of the largest renewable energy project in Denmark. The wind farm, set to be fully operational in 2027, will generate enough electricity to … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged CO2-reduced steel towers, Denmark, Denmark energy, energy sustainability, energy transition, green electricity, monopile, Offshore wind, partnership, recyclable rotor blades, renewable energy, RWE, sustainability, sustainable energy, Thor offshore wind farm, wind power
(IN BRIEF) ZF Wind Power has commissioned the world’s largest and most powerful wind powertrain validation test rig, now operational at its Test and Prototype Center in Lommel, Belgium. The 30 MW rig is capable of simulating real-world forces on … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 30 MW test rig, Belgium, Bert Verdyck, climate neutrality, drivetrain innovation, Felix Henseler, FIT, Flanders Innovation, gearboxes, Lommel, Matthias Diependaele, Offshore wind, powertrain testing, prototype testing, renewable energy, sustainable technology, system partner, Test and Prototype Center, VLAIO, wind energy, wind energy infrastructure, wind turbine validation, ZF Wind Power
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