Offshore Wind Investment Survey – Summit Planned

Press Release
Sunday, May 13, 2012

A  'Wind Energy Update' survey identified key factors determining investor's choice of contracts; an offshore wind risk summit is planned

“Experience of the team” was recently named as the principal trait to accumulate capital for current offshore wind projects as found in Wind Energy Update’s survey on offshore wind investment and finance. Further to this, survey participants also saw that: ”the use of proven technologies’’ and the “site characteristics’’ also played a major role in the acquisition of finance.

As explained by Marios Papalexandrou of Mott MacDonald, ‘experienced teams have greater risk awareness which allows them to predict hazards and respond to them in a quick and efficient manner’. The two fellow speakers (Matthew Tilbrook of Mizuho Corporate Bank and James Stewart of SgurrEnergy) agreed with Mr Papalexandrou and added that ‘investors are keen to fund projects only if the development team can demonstrate a solid portfolio of previously constructed offshore wind farms’.

To continue the discussions surrounding project delivery, technology risks, supply chain, investment and finance, these three individuals will meet in Hamburg this June alongside key industry companies such as Dong, EnbW, RWE Innogy, Stakraft, Mainstream Power, Acciona, Vattenfall, Siemens, Deutsche Bank and many more.

The first Offshore Wind Risk Summit by Wind Energy Update, designed to identify critical offshore wind risks for timely and cost effective project delivery brings together financial, technical and commercial experts from all sectors of the industry to address the current risk issues related to the offshore wind industry and suggest effective strategies for their control.

Click here for more information about the summit.

 


Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

IMRF, McMurdo Partner on SAR Initiatives

The IMRF, the charity supporting maritime SAR service globally, and McMurdo, a company in search and rescue and maritime domain awareness solutions, announced a

First Damen Twin Axe for Offshore O&G

To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities.

Sea Shepherd Global Launches Operation Siracusa

Following on from the incredibly successful 2014 campaign, Sea Shepherd Global launches Operation Siracusa 2015. Led by Sea Shepherd Italia, the campaign aims

Finance

AAPA Applauds Senate Passage of Trade Promotion Legislation

The American Association of Port Authorities (AAPA) applauded Senate passage over the past weekend of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015),

Port of Duluth Intermodal Project Underway

The U.S. Department of Transportation’s Maritime Administrator, Chip Jaenichen, today joined Senators Amy Klobuchar and Al Franken, Congressman Rick Nolan, Duluth Mayor Don Ness,

Chile Exporters Fret as Customs Strike Continues

A customs strike in Chile that began last week has started to affect exports and imports, although miners in the top copper producer said this week they have not yet been significantly impacted.

Energy

Scandlines Orders Ferry Battery System

Corvus Energy announces the signing of marine Energy Storage System (ESS) contract with Scandlines Denmark ApS; world’s largest battery hybrid electric fleet orders additional 2.

Philippine, Vietnamese Troops Together on Disputed Island

Vietnamese and Philippine troops played soccer and sang karaoke on a South China Sea island on Wednesday in a sign of the growing security ties between the two

New MD for Glander Int'l Bunkering (India)

Glander International Bunkering is proud to announce that Ajay Menon has been appointed as the Managing Director of Glander International Bunkering (India) Private Limited.

Consulting

Wärtsilä wins BWMS Order for 3 Vessels

Wärtsilä has received another important order for its Ballast Water Management Systems (BWMS). Three new container ships being built for a major European shipping

Volume Up in Dutch Maritime Technology Sector

The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013.

Carrier Schedule Reliability Improves in April

Transport consultant Drewry’s Carrier Performance Insight (CPI) for April records 67.6%, up by 4.1 percentage improvement on the previous month in the aggregate

Wind Power

BMT WBM Scientist Udy wins Kevin Smith Prize

BMT WBM’s Brisbane-based Graduate Scientist, Danielle Udy, was recently awarded the Royal Geographical Society of Queensland 2014 Kevin Smith Prize for her honours research.

Protea to Launch Heavy-Lift Cranes at Nor-Shipping

Protea, a global manufacturer of offshore handling equipment, will launch two types of heavy lift cranes at Nor-Shipping 2015 in Oslo, June 2-5. Tomasz Paszkiewicz,

US Builder Secures Wind Farm Supply Vessel Order

Rhode Island based shipbuilder Blount Boats signed a contract with Rhode Island Fast Ferry for the construction of a crew transfer vessel (CTV) that will operate for Deepwater Wind Block Island,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction
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: 0.3758 sec (3 req/sec)