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Construction commences for Dogger Bank Wind Farms

One of the UK’s leading civil engineering contractors puts first spade in the ground as construction kicks off for world’s largest offshore wind farm.  Dogger Bank Wind Farms, a joint venture between SSE Renewables and Equinor, is made up of three offshore wind farm sites in the North Sea, totalling 3.6 gigawatts (GW): Creyke Beck […]

E.ON decommissions Blyth offshore wind farm

Britain’s first offshore wind farm reaches end of technical lifespan. E.ON is decommissioning an offshore wind farm for the first time. Blyth’s two 2-megawatt turbines were the UK’s first offshore wind farm and have reached the end of their technical lifespan. A consortium including E.ON built the turbines off the Northumberland coast in 2000. During […]

In two months, these will be out sailing on the ‘Acta Centaurus’

In a little more than two months, the next offshore wind vessel for Acta Marine, the ‘Acta Centaurus’, will be completed and ready for CSV/SOV operation. Acta Marine’s site team is following the vessel’s progress on a daily basis, staying at Ulstein Verft on a 4-week schedule. “The main topside equipment, including tower, gangway and […]

Looking through the Project Finance Market for European Offshore Wind to form a basis for Turkish Offshore Wind Project Finance Structures (2)

(Click here to read the first part of the article) Project Finance Loan Terms & Conditions in the European Offshore Market and the evolution of Project Financing Structures Lenders of Project Finance Loans of Offshore Wind Projects Commercial banks, state banks, multilaterals, export credit agencies are well-placed in the global and mainly European offshore market. […]

The North Sea “wind harvest” of the first half of 2018 exceeds the first half of 2017 by more than five percent

In the first half of 2018, the wind energy transferred by transmission system operator TenneT from the North Sea to the shore rose to 8.17 terawatt hours (TWh). This corresponds to an increase of 5.15 percent compared to the first half of 2017 (7.77 TWh). “We see significant potential for optimising the use of existing […]

Looking through the Project Finance Market for European Offshore Wind to form a basis for Turkish Offshore Wind Project Finance Structures

Topics European Offshore Wind Financing Market Project Finance Structures for Offshore Wind Project Risk Analysis in Offshore Wind Project Finance Loan Terms & Conditions in the European Offshore Market and the evolution of Project Financing Structures European Offshore Wind Financing Market The European offshore wind financing market has developed extensively from 2006 onwards. The preliminary […]

The power that come from sea Offshore wind power plants

    Power = ½ C p A V^3 C: Constant Coefficient of Performance p: Density of Air A: Swept Area of Turbine Blades V: Velocity of Wind Feasibility process and risk analyses Nowadays we can easily observe the increasing technological innovation of wind power plants, the rising of Off-Shore wind power plant’s capacities and […]

Vattenfall, Novozymes and Novo Nordisk signed a long-term Power Purchase Agreement

Production of insulin and enzymes is to be based on renewable energy from Denmark’s largest offshore wind farm, Kriegers Flak in the Baltic Sea. This is the result of a new long-term deal between global healthcare company Novo Nordisk, bio innovator Novozymes and the energy company Vattenfall. Novo Nordisk and Novozymes will source their power […]

The topside for the offshore substation for the Merkur Offshore Wind Farm was installed

The topside is the result of a close cooperation between Belgian companies that are major players in the international offshore wind energy market. With companies like Tractebel (engineering), ENGIE-Fabricom (electromechanics), Iemants (steel constructions) and GeoSea (contracting) Flanders had developed a leading cluster of offshore wind energy experts, executing the most complex projects on the European […]

Jan De Nul Group acquires part of MPI’s offshore business unit

Jan De Nul Group and Vroon Group signed agreements to transfer part of the offshore business of MPI to Jan De Nul Group. Jan De Nul Group herewith invests considerable resources in the offshore wind industry to offer the market a reliable solution for pioneering projects. The transfer includes ownership of the offshore jack-up crane […]

MHI Vestas Receives Final Certification for V164-9.5 MW Offshore Wind Turbine

The world’s most powerful commercially available wind turbine receives S class type certificate, clearing the way for installations to begin in late 2019. MHI Vestas Offshore Wind is celebrating yet another milestone for its flagship V164 turbine platform as the 9.5 MW model has received its Rotor-Nacelle-Assembly Component Certificate. MHI Vestas Chief Technology Officer, Torben […]

Vroon sells MPI Offshore to Van Oord

Vroon Group has signed a letter of intent with Van Oord to sell MPI Offshore. Van Oord will take over the MPI organization in Stokesley, UK, and the vessels and crew of the MPI Adventure and MPI Resolution with associated contracts. The transaction is subject to approval of competition authorities and due diligence and expected […]

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