STX Finland, STX Windpower Collaborate on Windpark Supply

(Press Release)
Monday, August 15, 2011

STX Finland and STX Windpower are  starting a joint collaboration on turnkey windpark supply in Northern Europe, focusing on offshore sites in the Northern Baltic Sea region and onshore sites in Finland, Sweden and the Baltic states.
A Letter of Intent was recently signed by both companies stating that STX Windpower B.V. supplies direct drive turbines and STX Finland completes the project on an EPCI basis. In addition to turnkey windpark supply, the joint offering also includes complete lifecycle support, including operations, maintenance, spare parts supply, retrofits, refurbishments and decommissioning.
The collaboration also looks to widen the scope of the STX Group into wind project development enabling STX to provide a ‘from cradle to grave’ solution for investors that are looking to maintain a stake in a project. STX intends to do this by looking for sites that are applicable to the IEC Classification of their turbines and then developing the project from a green field stage to electricity production and to possible continued operation of the project for its lifetime.
Given the nature of expertise of STX Finland and its subsidiaries (in arctic offshore design and construction) and STX Windpower (in on- and offshore direct drive turbines), the signing of this Letter of Intent is seen as a precursor for the launch of an arctic offshore solution package. This offering will be unique in the wind power business because it provides customers with deep expertise in all the essential phases of such projects. The parties also expect that other companies will join the collaboration.
As a pilot project for joint work, STX Finland is considering the installation of two units of the novel STX 93 2MW direct drive wind turbine at the Rauma shipyard to showcase the service that can be provided through the collaboration. Provided necessary permits, local authority and public support are achieved, this pilot project could be realized within 2012 with the final commissioning of the turbines by the end of 2012.
“The Rauma shipyard area has solid wind conditions, and this is a good opportunity for us to take part in and start up the development of environmentally friendly energy technology and solutions that use existing wind resources. Offshore technology in shipbuilding and windparks share many of the same critical requirements, and we look forward to participate in this collaboration”, says Timo Suistio, EVP & COO of STX Finland Oy and Director of the STX Rauma Shipyard.
“At STX we have been committed to renewable energy for many years. This collaboration will make it possible for us to aid in offshore windpark development also in the very special environment that the Northern Baltic Sea offers”, adds Sujou Kim, CEO STX Finland, and continues: “We will continue to strengthen our offering in this area by adding further partners into this network, with the aim of finding the most cost effective solution for arctic offshore windpark installation, operations, and maintenance. This is crucial in order to make arctic offshore wind reality, and a key to our customers’ success.”

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

KVH Precision Sensors for Geodetics' Inertial Navigation Systems

KVH Industries, Inc.,  a leading manufacturer of high performance fiber optic-based inertial sensors and gyros has entered into a strategic partnership with Geodetics Inc.

BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan

US: $4B in Loan Aid for Renewable Energy

The U.S. Energy Department on Wednesday unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced

Shipbuilding

Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

Tsuneishi to build shipyard in Indonesia -

Philippine shipbuilder Tsuneishi Heavy Industries Inc plans to expand into Indonesia this year, said CEO Hitoshi Kono, adding that the firm plans to build a shipyard here.

Environmental

Miami Tugboat Oil Spill: Coast Guard Respond

The US Coast Guard says that its crewmembers are responding to a fuel spill in the vicinity of Government Cut in Miami, following a leak discovered aboard the 95-foot tugboat 'Neptune'.

California Port Seeks Public Feedback on Expansion Plans

The Port of San Diego apprises it is to host separate open house events for the public to provide feedback on its long-range vision and 'Integrated Port Master Plan Update' process.

Canada Opts Out of Arctic Council Meeting

Canadian Environment Minister Leona Aglukkaq stated that a principled stand had been taken by Ottawa against Moscow's intervention in events in Ukraine, reports

Energy

POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,

BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan

Putin set on defusing Ukraine crisis

Foreign ministers from East and West will try to defuse the Ukraine crisis on Thursday in Geneva, once frequently the scene of Cold War negotiations, but will risk

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1106 sec (9 req/sec)