November 8

Havfram winds up offshore wind development unit Kontiki Winds

0  comments

Norway’s Havfram has discontinued its business unit dedicated to early-phase development of offshore wind farms, Kontiki Winds.

The news came hot on the heels of Havfram’s announcement of collaboration ending with RWE and NTE on the bid to build up to 1.5 GW of new floating offshore capacity in Norway.

Commenting on the move, Rick Campbell, Kontiki vice president of offshore wind development said on LinkedIn: “The challenges surrounding our industry at the moment are well known and felt most sharply in origination and development. This has contributed to this difficult decision. Under different market conditions, I’ve no doubt we would have thrived.”

Moving forward, Havfram, formerly Ocean Installer, said it would fully focus on the offshore wind transport and installations market. The company has up to four wind turbine installation vessels (WTIV) lined up for construction at CIMC Raffles Shipyard in China and contracts in place with Ørsted to install wind turbines at Hornsea 3 project and a preferred supplier deal with RWE for turbine installation support at Nordseecluster project.

Source: Splash247.com

Real Estate Investor Pulse

1031 Exchange E-Book

ENB Top News ENBEnergy DashboardENB PodcastENB Substack

Energy News Beat 


Tags


You may also like

Our F-150 XLT & Camry LE Price Index, Going Back to 1990, Is Updated with 2025 Model-Year Prices. There Were Some Twists

Our F-150 XLT & Camry LE Price Index, Going Back to 1990, Is Updated with 2025 Model-Year Prices. There Were Some Twists