Kvaerner departs offshore wind business

Kvaerner, the offshore wind foundation firm, has decided to pull out of RWE’s 295 MW Nordsee Ost project at the end of this year, citing commercial challenges.

Offshore wind farm
The Norwegian fabricator said that “engagement in the wind industry will be discontinued" going forward, reports renews Europe.

The RWE contract is currently the subject of arbitration; and the dispute centres on cost escalations in relation to what the fabricator described as post-contractual changes to the scope of work.

For more wind power news




Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...