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offshore wind

The Global Wind Energy Council (GWEC) has launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and a review of efforts to lower costs.

The global offshore market has grown by an average of 21% each year since 2013, reaching total installations of 23 GW. More than 4 GW of new capacity were installed each year in 2017 and 2018, making up 8% of the total new installations during both years. For the first time, China was the largest offshore market in 2018 in new installations, followed by the UK and Germany.

Based on government targets, auction results and pipeline data, GWEC expects to see 190 GW of capacity installed by 2030, but this does not represent the full potential of offshore wind. Many new countries are preparing to join the offshore wind revolution, while floating offshore wind represents a game-changing technological development that can add even more volume in the years to come.

The industry is continuing to make significant strides on cost-competitiveness, with an average LCOE of US$50/MWh within reach. This achievement increases the attractiveness of offshore wind in mature markets where several governments are discussing long-term climate targets that, if they are to be achieved, must seriously consider the contribution large-scale offshore wind can make. New offshore markets represent significant potential and if industry and governments can work together, as we have seen recently in the case of Taiwan, we can build the necessary policy frameworks at greater speed to ensure growth can be achieved sooner than later.

The report, GWEC Market Intelligence, provides a market outlook representing a “business-as-usual” (BAU) scenario which does not incorporate more technical development or further opportunities for offshore wind, and an upside scenario which captures the additional potential.

The BAU scenario expects double-digit growth for the global offshore market based on current policies and expected auctions and tenders. This scenario makes annual installations of 15 to 20 GW after 2025 realistic based on growth in China and other Asian markets, amounting to 165 GW of new installed capacity globally between now and 2030. This would bring the total installed capacity to nearly 190 GW.

The upside scenario captures additional potential such as the advancement of floating technology, increased cost competitiveness and therefore greater volume in mature markets, as well as the opening of new offshore markets. Based on this scenario, a more positive outlook of over 200 GW installed capacity between now and 2030 is possible, totalling approximately 220 GW installed capacity.

  • Europe: Short-term, the European offshore market will remain flat with few projects reaching installation and COD during 2020, however, the cost competitiveness of European offshore will remain a key driver for volume. The Sector Deal in the UK provides a stable outlook, while volumes for Germany have still not increased despite government’s awareness. Total installed capacity for the region under the BAU scenario is expected to be 78 GW by 2030.
  • Asia: The Asian offshore market including China is expected to become the largest offshore region globally with key growth markets including Taiwan, Vietnam, Japan, India and South Korea. Total installed capacity for the region under the BAU scenario is 100 GW by 2030.
  • US: The first installation of large-scale projects, expected between 2021 and 2023, brings total installations to 2 GW by 2025. There is potential for 10 GW total installations towards 2030 with an increasing experience and maturing of the local supply chain.

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The German offshore wind industry, which has been growing for years, currently has almost 24,500 full-time employees in Germany and a total of 9 billion euros of revenue last year. This is the result of a comprehensive analysis in the new wind:research study of more than 3,000 market participants across the entire wind industry (onshore and offshore), all value creation stages and regions. The distribution of the ultimately approx. 800 market participants, who are currently active in offshore wind energy, shows surprising emphases in the south and west: for example, Baden-Wuerttemberg dominates in R&D as well as in engineering and North Rhine-Westphalia in the components area. While maintaining the current expansion target is threatening to cause a loss of more than 8,000 jobs in the industry, increasing the expansion target will increase the number of employees by up to 10,000.

Current analysis of value creation in the offshore wind sector

In the past ten years, offshore wind energy has grown strongly in Germany and has also led to high value creation with high investments. This shows clearly in both the variety of different market participants and in the number of jobs. In 2011, wind:research created a study together with PwC that for the first time comprehensively analysed market participants, employment, overall value creation, and in particular their regional distribution in Germany. Now wind:research has again analysed the value creation and employment of the offshore wind industry in Germany based on the current situation. In addition to the regional distribution – which is specified by federal states and distribution across the different stages of value creation – the focus lies on the future development of the industry.

In the German offshore wind energy industry in 2018, almost 800 market participants with around 24,500 employees generated more than 9 billion euros of revenue. Following major advances in recent years the industry is currently at a crossroads. It is stagnating on the basis of the recently set political conditions, such as the changes to the EEG in 2014 and 2017. Limiting the expansion will have a decisive influence on the further development after 2019 and thus also on the development of market participants as well as their number of employees and revenue – across all stages of the value chain.

Distribution of market participants with surprising priorities

The value creation, both in terms of employee numbers and revenue, is distributed across Germany: there is a high level of employment in Baden-Wuerttemberg (R&D, engineering) and North Rhine-Westphalia (components), while the areas of transport, assembly, project development as well as O&M traditionally are strongly represented in the North of Germany. In contrast, (plant) components are also manufactured in many Western and Southern German locations. Striking is the high proportion of Southern federal states in the area of engineering as well as R&D. The area of financing traditionally focuses on the Frankfurt am Main region. Many market participants from Northern Germany (e.g. wind turbine or foundation production) depend on companies from the engineering or supplier industry (e.g. steel construction, gears, etc.), whose regional focus lies in Southern Germany.

Although, according to the high market anticipation, strong consolidation has occurred, new market players benefit on account of their offer of innovative and technologically advanced products, solutions and services. In addition, new production sites are being built by existing market participants, e.g. for offshore wind turbines in Cuxhaven by Siemens Gamesa Renewable Energy.

Jobs until 2035 – Expansion targets and their effects in three scenarios

Based on the 771 market participants as well as their number of employees and revenue, a decline in the number of employees and a decline in sales in the next few years, due to the slowdown in orders in the German market, is expected in all scenarios. This predicted trend is expected to continue until 2022/23.

Expansion target decisive for the value creation of German offshore wind energy

Of the approx. 1,000 market participants in 2011, just under 800 are still active due to the consolidation. If the current expansion target is not raised, a reduction in the number of employees from around 24,500 (2018) to around 16,000 (2035) has to be expected. The expansion of offshore wind energy in Germany to reach the climate protection targets of the German Federal Government by 2030 (65% target) can generate up to 10,000 additional jobs. Particularly in the scenario “Power-to-X”, in which the dependency of network expansion declines due to the use of new storage technologies and Power-to-X-capacity amongst other causes, the number of employees increases to more than 35,000.

Other countries, such as the United Kingdom and the Netherlands, are actively promoting the expansion of offshore wind energy and are developing industry and value creation. Therefore, a change in the current framework conditions in Germany is necessary in order to avoid falling behind and to maintain or expand its own value creation (market participants, revenue and employment).

Source: wind:research

ABB’s Power Grids business has been awarded an order from the Aibel/Keppel FELS consortium, which will design, construct, and build the High Voltage Direct Current (HVDC) transmission system for the offshore wind connection project DolWin5. ABB is the HVDC technology provider. This project will deliver 900 megawatts of zero-carbon electricity – enough to power around 1 million homes – from three wind farms some 100 km off the German coast. It is scheduled for completion in 2024.

The order includes the converter platform in the North Sea, as well as an on-shore converter station located in Emden, in the Lower Saxony region of Ger-many. TenneT, a leading European electricity transmission system operator, with activities in the Netherlands and in Germany, is responsible for providing power links to the offshore wind farms in this cluster.

ABB’s HVDC solution is used to transport the power generated by offshore wind farms very efficiently by converting the alternate current (AC) to direct current (DC) on the converter platform. That makes it possible to transmit the power through a 130-kilometer-long DC cable system with very low losses to the mainland. In the onshore converter station, the power is converted back to AC and then integrated into the transmission grid. ABB HVDC’s offshore wind connection solutions are compact and modular to specifically address the challenges of the offshore wind industry and support a substantial improvement in LCOE (Levelized Cost Of Electricity), as well as carbon foot-print.

With the use of ABB’s voltage source converter technology, commercialized under the name HVDC Light®, it is possible to keep the conversion losses very low. Additionally, the order will also include the ABB Ability™ Modular Advanced Control for HVDC (MACHTM), which is instrumental in controlling the complex connection between wind farms and the on-shore AC grid.

As part of its energy transition (“Energiewende”), Germany’s plans to generate 65 percent of its power from renewable sources by 2030. A rapidly growing pro-portion of this clean energy is generated in huge offshore wind farms in the North Sea. In just 10 years, Germany’s offshore wind production has grown from zero to 6,382 MW, making it the world’s second largest offshore wind pro-ducer after the UK.

Source: ABB

LCOE global de referencia: fotovoltaica, eólica y baterías. Fuente BNEF. / Global LCOE benchmarks – PV, wind and batteries. Source: BloombergNEF.

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF (BNEF) shows that the benchmark LCOE for lithium-ion batteries has fallen 35% to $187 per megawatt-hour since the first half of 2018. Meanwhile, the benchmark LCOE for offshore wind has tumbled by 24%.

Onshore wind and photovoltaic solar have also gotten cheaper, their respective benchmark LCOE reaching $50 and $57 per megawatt-hour for projects starting construction in early 2019, down 10% and 18% on the equivalent figures of a year ago.

BNEF’s analysis shows that the LCOE per megawatt-hour for onshore wind, solar PV and offshore wind have fallen by 49%, 84% and 56% respectively since 2010. That for lithium-ion battery storage has dropped by 76% since 2012, based on recent project costs and historical battery pack prices. Looking back over this decade, there have been staggering improvements in the cost-competitiveness of these low-carbon options, thanks to technology innovation, economies of scale, stiff price competition and manufacturing experience.

The most striking finding in this LCOE Update, for the first-half of 2019, is on the cost improvements in lithium-ion batteries. These are opening up new opportunities for them to balance a renewables-heavy generation mix. Batteries co-located with solar or wind projects are starting to compete, in many markets and without subsidy, with coal- and gas-fired generation for the provision of ‘dispatchable power’ that can be delivered whenever the grid needs it (as opposed to only when the wind is blowing, or the sun is shining).

Electricity demand is subject to pronounced peaks and lows inter-day. Meeting the peaks has previously been the preserve of technologies such as open-cycle gas turbines and gas reciprocating engines, but these are now facing competition from batteries with anything from one to four hours of energy storage, according to the report.

Offshore wind has often been seen as a relatively expensive generation option compared to onshore wind or solar PV. However, auction programs for new capacity, combined with much larger turbines, have produced sharp reductions in capital costs, taking BNEF’s global benchmark for this technology below $100 per MWh, compared to more than $220 just five years ago.

Although the LCOE of solar PV has fallen 18% in the last year, the great majority of that decline happened in the third quarter of 2018, when a shift in Chinese policy caused there to be a huge global supply glut of modules, rather than over the most recent months.

Source: BloombergNEF

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Cobra Wind International Ltd, subsidiary of “Cobra Instalaciones y Servicios” has awarded the JV partners Navantia-Windar the award of five offshore wind floating foundations, for assembly and delivery at the Navantia Fene yard in Spain, where the construction of one similar unit for Windfloat Atlantic is being carried out.

The five units shall be installed at the Kinkardine offshore wind farm, situated approximately 15 kilometers southeast of Aberdeen in the UK, and shall be provided with 9,5 MW turbines.

Construction works shall start in May 2019 with the plate cutting and forming at Windar premises in Avilés, and will continue at the factory of Fene with the fabrication of the remaining components and assembly of the units until April 2020. The workload is estimated in 1.250.000 man hours for the production of approximately 15.000 t of steel.

With this project, Navantia-Windar consolidate its position as market leader in floating foundations, having constructed 5 spar-type units for the Hwind project (Statoil, UK), and one unit for Windfloat Atlantic (Windplus, Portugal).

Source: Navantia

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By the end of 2017, offshore wind had only been deployed commercially across seven markets, with UK and Germany accounting for 68 percent of the grid-connected capacity. However, according to a recent report from Wood Mackenzie Power and Renewables, global offshore wind power demand will increase almost sixfold over the coming 10 years with projects deployed commercially across 18 countries by 2027.

As the pool of offshore markets is expanding beyond a handful markets in Europe, local content policies in different forms are becoming an increasingly important topic for developers and suppliers as governments look to bolster their local industry and create more job opportunities for local labour forces. While the influence of local content policies has been limited thus far, these policies will impact 72 percent of future demand.

Innovations will help offset reductions in subsidies

The deployment of next-generation turbines will double average turbine ratings globally over the next 10 years and in turn subdue growing demand in the balance of plant segments in terms of number of units and material per MW – most notably in the foundation space, where the average monopile weight per MW will decrease by 36% by 2023 in Europe.

Similarly, the average installation time per MW for turbine and foundation campaigns has been halved in Europe since 2010 and is set to continue. The transmission space is also undergoing holistic innovations where capacities are being increased and materials reduced.

Consolidation and globalization characterize the offshore supply chain

The proliferation of demand in new markets globalizes the European supply chain and motivates the entry of new suppliers. This is particularly true when supported by local content policies as the pressures in Europe lead to consolidation across the European supply chain – especially in the installation segments. Furthermore, the report points out that the high growth rates in offshore wind makes it increasingly attractive for oil and gas companies looking to leverage their offshore experience.

Average LCOE in Europe will halve between 2018 and 2027

Average CAPEX for European offshore projects is dropping quickly, mainly driven by the increased competition in wind farm development, increasing turbine size, and economies of scale. CAPEX and OPEX across Europe will drop, on average, by 36 percent and 55 percent respectively by 2027.

Offshore LCOE across Europe is also projected to go down at a fast pace with the average LCOE across Europe for grid-connected projects expected to reach 53.6 €/MWh by 2027, dropping from approximately 107 €/MWh in 2018.

Source: Wood Mackenzie Power and Renewables

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Mayflower Wind Energy LLC (Mayflower) is the provisional winner of block 0521 in today’s offshore wind auction hosted by the Bureau of Ocean Energy Management (BOEM). Mayflower bid $135M for the exclusive rights to develop the federal commercial wind energy.

Mayflower is a 50:50 joint venture between EDPR Offshore North America LLC and Shell New Energies US LLC (Shell). Once constructed, the lease area could accommodate a total generation capacity of approximately 1.6 gigawatts (GW), enough to power more than 680,000 average Massachusetts homes with clean electricity each year.

A growing population and rising living standards alongside the need for reduction in greenhouse-gas emissions will require changes to the energy system. Given this changing energy landscape, Shell is seeking commercial opportunities to expand its existing electricity generation from renewable power, including offshore wind, with the aim of providing customers with more and cleaner energy.

This announcement enables EDPR to increase its growth options in the attractive offshore wind market, thereby enhancing and diversifying the company’s long-term profitable growth options while maintaining a balanced risk profile.

Mayflower will begin working to complete a site assessment plan and initiate formal development efforts on the site, and subject to a positive final investment decision, could bring the wind farm into operation by the mid-2020s.

Source: EDP Renewables

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The offshore sector of the wind industry has made headlines in recent months. It has progressed rapidly, both in technical innovation and in the competitiveness of offshore energy in the electricity market. Many of the companies active in the offshore wind market are presenting their portfolios at WindEnergy Hamburg, the world’s leading expo for onshore and offshore wind energy, from 25 to 28 September. The expo will be held in parallel with the global conference of WindEurope at the Hamburg Messe site – together they comprise the Global Wind Summit, the biggest and most important meeting of the wind industry worldwide. WindEnergy Hamburg is expecting more than 1,400 exhibitors from all parts of the world, with about 40% of them showcasing products or services for offshore wind farms. The range covers the whole of the value chain, from turbines, towers and foundations to gearboxes, generators, bearings, shafts and lubes to O&M solutions and installation vessels.

Global world market growth

Besides main offshore wind market Europe, other geographical regions of the world might start experiencing quick growth too in the next years says GWEC in its 2017 Global Wind Report. The organization points at emerging markets with huge interest in the technology and substantial growth potential including Taiwan, South Korea, the US (east-coast), Japan, India, Brazil, and Australia. China is already the largest offshore market outside Europe, with according Wikipedia ‘Liste der Offshore-Windparks’ statistics close to 2 GW operation at the end of 2017. Among Chinese offshore wind exhibitors in Hamburg are turbine OEM’s Envison Energy and Ming Yang.

Offshore according GWEC represented last year about 8% of the global market, and represents 3.5% of the cumulative installed capacity but growing fast. Global offshore installations in 2017 were 4,334 MW, of which around 27% installed in markets outside Europe. Overall, there are now 18,814 MW of installed offshore capacity around the world.

According WindEurope’s report Offshore Wind in Europe; Key trends and statistics 2017, Europe’s net installed capacity, spread over 560 new turbines across 17 wind farms, increased last year by 3,148 MW. The average offshore turbine capacity more than doubled to 5.9 MW over the past decade, and 23% higher set against 2016. Project size for offshore windfarms under construction during 2017 grew to 493 MW from a 79.6 MW average in 2007. Current windfarm size record holder is the 1.2 GW Hornsea One project (UK) with construction start this year. A 2017 floating wind milestone was the commissioning of the world’s first windfarm, Scotland’s 30 MW Hywind II consisting of five 6 MW Siemens Gamesa direct drive turbines.

Internationally, new innovative technology and fresh solutions for ‘traditional’ fixed-bottom and floating wind generate huge interest. A number of Belgian exhibitors all active in offshore wind jointly represent themselves in Hamburg as the BOC VZW Belgian Offshore Cluster in a national pavilion. BOC is an association of offshore wind industry co-suppliers with around 60 members. “At the Belgian pavilion at WindEnergy Hamburg our partners will highlight their specific know-how and experiences to international wind industry visitors”, said BOC chairman Christophe Dehaene.

A main overall theme for all international contenders is how to successfully enter new and emerging markets. The Global Wind Summit in Hamburg offers therefore an excellent platform opportunity. A second main theme is achieving optimized cost-effectiveness through the deployment of next-generation large-scale turbines.

Siemens Gamesa and MHI Vestas dominate Europe’s largest offshore wind market with direct drive and medium-speed geared turbine solutions respectively, in ratings up to 9.5 MW. They and other exhibitors like GE Renewable Energy and Senvion all explore next-generation 10-15MW+ future platforms. German engineering consultancy aerodyn-engineering develops a fully integrated 15 MW floating system incorporating twin 7.5MW two-bladed counter-rotating downwind turbines with 150-metre rotor diameters.

107-metre rotor blades

GE’s 12MW Haliade X direct drive turbine in development features a record 220-metre rotor composed of 107-metre blades developed by LM Wind Power of Denmark. The turbine with first deliveries planned in 2021 features only 316W/m2 specific power rating, a configuration showing future direction for other large-scale turbine developments. Such supersize rotor offers higher yields especially during periods with little wind. When this in specific offshore wind markets coincides with high wind power penetration levels under liberalized market conditions, it could contribute to better electricity prices. A related positive impact is enhanced grid stability. All these aspects form integral part of many different smart energy solutions including intermediate storage technologies being developed by Hamburg WindEnergy exhibitors from across the world. They will explain international visitors too on the latest technology advancements regarding industrialization, with increased use of ‘big data.’ This offers for offshore wind farms combined benefits like higher operating reliability through better longer-term failure prediction and smarter cost-reducing O&M solutions. This long-time turbine tracking could result in more advanced windfarm upkeep strategies primarily aimed at further driving down offshore LCOE.


Monopiles remained according WindEurope with 87% of all new installed foundations the most popular substructure solution in 2017, with Jackets taking second position with 9.4%. WindEnergy Hamburg exhibitors EEW Group and SIF Netherlands led Europe’s total offshore substructure market with shares of 53% and 24.1% respectively. “EEW SPC manufactures monopiles currently up to 10-m diameter. Our daughter company EEW OSB produces TP’s in the UK and EEW Group also manufactures pre-fabricated components for jackets. This range of products made by EEW offers flexibility to our existing clients and will enable a necessary leap forward in emerging main offshore markets like the US and Asia”, said Michael Hof, COO/Managing Director of EEW SPC.


The largest Monopiles available weigh around 1,500 around tonnes, which puts additional pressure to continuously upgrade vessel, foundation handling and hoisting gear capacities and performance. Multiple windfarm installation specialists will show their combined in-house capabilities to Hamburg WindEnergy visitors. Exhibitor Van Oord Offshore recently took delivery of a new 1600-tonne main crane re-fitted at its self-propelled Aeolus jack-up, initially commissioned in 2014 with 900-tonne crane. Damen Shipyards will inform visitors about its novel ‘walk-to-work’ Service Operations Vessel (SOV) for offshore windfarm upkeep.

Floating solutions

Several international floater developers will highlight their dedicated floating concepts to WindEnergy Hamburg visitors, like aerodyn-engineering and GustoMSC (semi-submersible) and Gicon (tension-leg, TLP), while spar-type solutions are characterized by their operational stability. Gicon Founder Prof. Jochen Grossmann: “WindEnergy Hamburg 2018 is for us an important international platform. Last year Gicon teamed up with US-based Glosten, developer of the Pelastar TLP. We in-house developed Gicon-SOF TLP technology during the past decade. Individual strengths of both commercially-ready products will be combined into a new hybrid solution for the global floating wind market, and we will show international visitors all features and benefits.” Floating offshore wind in general enjoys growing wind industry interest, reflected by the increasing number of projects and the larger turbines sizes selected for these platforms.

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The innovative 28 MW offshore wind power project located in the waters of North-western Denmark is fullyoperational, producing power for customers Nissum Bredning Vindmøllelaug and Jysk Energi since early 2018. Utilizing the first serial-manufactured SWT-7.0-154 direct drive offshore wind turbines, the project is a showcase of Siemens Gamesa’s commitment to innovation and reducing costs. The wind turbines and further technological advancements have fulfilled expectations and are now in preparation to become available for commercial deployment.

Nissum Bredning Vind is a small project capacity-wise, especially when compared to other offshore wind power projects. But it is extremely significant in terms of innovation. Siemens Gamesa has tested and validated several new technologies here, from a 66 kV transmission system to jacket foundations with concrete transition pieces to a cable-in-pipe installation. These innovations all share the common goal of reducing the Levelized Cost of Electricity (LCoE) from offshore wind

Cost reductions of up to 30% compared to traditional elements can be provided by some of the elements installed at Nissum Bredning Vind. The innovative cable-in-pipe installation, where standard onshore cables are installed in plastic pipes from the mainland as well as between the wind turbines, lowers capital expenditures compared to employing offshore cables. Gravity jacket foundations provide a soil interface at normal water depths which can be made more cost-efficient versus classic jacket foundations. Furthermore, the concrete transition piece can be made at a cost level of up to 30% lower than a steel transition piece. Also, the 66 kV transmission system reduces transmission losses, providing the customer with a higher energy output – and thus higher revenue – from each wind turbine.

Source: Siemens Gamesa

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Haizea Wind has inaugurated at the Port of Bilbao one of the largest wind towers and offshore foundations manufacturing plants in Europe. The total investment made between the construction of the building, its equipment and commissioning has exceeded 60 million euros. This unique, state-of-the-art plant, has on the one hand, around 77,000 m2 on the AZ-2 quay of the Extension of the port, specifically in the Zierbena area, with direct access to the berthing line, which has a depth of 21 metres. These wide draughts and the proximity to the berthing line will allow to guarantee the most competitive entry and exit logistics without dimensional restrictions.

On the other hand, the facility itself is 500 metres long and is made of three bays, each 35 metres wide. It is also equipped with state-of-the-art machinery, which allows it to produce large, high quality pieces with the shortest lead times. The factory’s capabilities have been developed to cover the current and future dimensions of offshore towers and foundations.

In full production capacity, Haizea Wind can manufacture 300 sections of offshore towers per year of 50 meters long and up to 8.6 meters diameter and a plate thickness of 130 mm. These wind towers constitute one of the main elements of a wind power generator.

In addition, the plant will also manufacture other large parts used in offshore wind farms such as monopiles and transition pieces (TPs). It will produce 100 monopiles per year of 100 metres long and up to 10.5 metres of diameter.

The raw material used is carbon steel sheets, most of which is delivered from nearby steel mills; flanges, also made of steel, and internal electrical and mechanical components. Specifically, the plant is expected to use, among other raw materials, around 142,500 tons of thick steel sheets and 7,500 tons of flanges. In total, it will provide the port a traffic of nearly 150,000 tonnes/year when it is at full production capacity. In addition, beside contributing to tonnage handling, this project will provide added value due to its strategic quality both for the port and for the Basque Country.

Production has commenced with 86 employees, but it will have between 250 and 300 when it operates at full capacity.

The Port of Bilbao at the service of a booming Basque wind energy industry

This strategic project is the result of public-private collaboration. The construction was carried out by the joint venture formed by the companies Construcciones Intxausti, Byco (Inbisa Construcción) and Gaimaz Infraestructuras y Servicios. Its construction and use are part of the Port Authority’s investment plan to activate the implementation of logistic-industrial projects, such as wind power, which provide traffic and generate jobs, resources and wealth for the territory, since – besides the jobs created directly by the company- due to the type and size of the pieces, will encourage an increase in lashing and stevedoring works.

Haizea Wind Group (HWG) is an industrial group, based in Bilbao and with a wide experience in the manufacture of wind towers with a global and international outlook. Its goal is to become a global supplier to the wind energy sector.

The Port of Bilbao plant is the group’s second start-up in six months, the first being a wind tower factory in Argentina, which has been built under the umbrella of a joint venture with a local manufacturer. Under the name of Haizea-Sica, it has started to operate in the fourth quarter of 2017 and will reach a production of 350 sections per year.

The third step towards globalization is the signing of another joint venture in Saudi Arabia with the local company Al-Babtain, which will be entirely dedicated to the production of towers. The plant is located in King Abdullah Economic City (KAEC), on the west coast of the country, near the cities of Jeddah, Mecca and Medina. The plant will begin construction in the second half of 2018, so that the first sections can be produced and delivered to customers during the first half of 2019. The capacity of the plant will be 350 sections per year.

Source: Haizea Wind