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Business & Finance, Grid Connection
In the first six months of 2012 TenneT realised a steady growth (underlying) of revenue and profit in both the Netherlands and Germany. Underlying revenue amounted to EUR 842 million (EUR 816 million reported revenue), with underlying growth both in the Netherlands (23%) and in Germany (28%). Underlying operating profit for this period was EUR […]
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Equinor and the Chinese shipbuilder CIMC Raffles (Yantai CIMC Raffles Offshore) have signed a strategic cooperation agreement to develop offshore wind projects in the Yellow Sea, off China’s Shandong province. The Norway-based energy major has confirmed to OffshoreWIND.biz that the two companies have entered into an agreement to jointly tap into the offshore wind opportunities […]
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Business & Finance, Grid Connection, Technology
Leading manufacturer of major maritime projects, Nordic Yards, has signed a contract to construct an offshore transformer platform. The client, Alstom, with whom Nordic Yards will be working for the first time, was awarded the tender by transmission grid operator TenneT Offshore GmbH. DolWin gamma is the fourth HVDC transformer platform (High Voltage Direct Current) […]
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Contracts & Tenders, Grid Connection, Wind Farm Update
The consortium of GE Renewable Energy’s Grid Solutions and Sembcorp Marine has been awarded the full contract to supply a high voltage direct current (HVDC) transmission system for RWE’s 1.4 GW Sofia offshore wind farm. Located in the North Sea 195 kilometers off the coast of the North East of England, Sofia will be able […]
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Borkum Riffgrund 1 Turbine installation work is ongoing at the 312MW Borkum Riffgrund 1 offshore wind farm, located 54km off the German coast and around 37km from the island Borkum. The installation, performed by A2SEA’s SEA INSTALLER, reached half way in mid-March. The first of the 78 Siemens SWT-4.0-130 turbines was installed back in August 2014 and the first electricity was already produced mid-February. […]
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Times are changing in the offshore energy market. Investments in the oil & gas industry are low, while development and investments in offshore renewable energy are high and very much increasing. The shallow waters of the North Sea area, in particular, show an increasing level of investments in renewable energy and more specifically, in wind energy.
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Electricity transporter and high-voltage grid operator TenneT has again made huge efforts in 2012 to strengthen and expand its grids in the Netherlands and Germany. Revenues and profit increased in accordance with this growth. In 2012 TenneT invested EUR 1.6 billion. By doing this TenneT is facilitating the further sustainability of energy supplies and the […]
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When the ‘battle of the currents’ ended in the late 19th century with Westinghouse and the AC lobby victorious over Edison’s DC lobby, AC became the dominant means for transmission of electrical power; a method which was to remain dominant for over a century. AC, with the ability for stepping the voltage up or down […]
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