Search results for: bay state wind

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  • Gemini Deal Helps Boost Q2 Clean Energy Investments

    15 July 2014
    Business & Finance

    Global clean energy investment surged to $63.6bn in the second quarter of 2014, up 33% compared to the first quarter and 9% compared to Q2 2013, according to the latest authoritative figures from research company Bloomberg New Energy Finance. Q2 2014 was the strongest quarter for investment since Q2 2012 which reached $69.6bn, and was […]

  • Centrica Presents Results for Period Ended 30 June 2011 (UK)

    28 July 2011
    Business & Finance

    Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* halved from the exceptional levels recorded in 2010 *progress in challenging […]

  • The Netherlands: Ballast Nedam Profit Up 28,57 pct

    9 March 2012
    Business & Finance

    Ballast Nedam has performed well, certainly considering the bleak market conditions, increasing competition and price pressure. This situation will persist in the coming years. The operating profit achieved of € 19 million was in line with the forecast issued in March last year of between € 15 million and € 20 million. The profit for […]

  • A Global Market Overview: Last Few Years Trend

    2 April 2019

    By Stefano Santoni – Product & Market Manager, Wind Energy & Heavy Duty Division – DAVI. According to the report of the Global Wind Energy Council (GWEC), the global offshore wind market experienced a growth of 4.49GW of new capacity in 2018. The Global Wind Report acknowledges that nowadays there’s a total of 23GW of offshore […]

  • UK: Centrica Releases Interim Management Statement

    13 May 2013
    Business & Finance

    Against a backdrop of sustained cold weather and periods of higher commodity prices, Centrica has performed well in the year to date. This strong performance enables the business to continue to invest in customer service and price competitiveness and full year earnings growth is expected to be in line with market expectations. They have also […]

  • Eager.one supports the future of offshore floating installation

    18 January 2021

    Offshore heavy lifting: Why use power, if you have balance? The offshore wind industry is growing significantly and is moving towards larger wind turbine sizes and deeper water. This causes a rising demand for alternative installation methods besides the well-known and most commonly used jack-up vessels. One of the alternatives is installation by means of […]

  • Germany: GL Hellas Committee Celebrates 35th Year

    14 September 2012

    The Hellas Committee of Germanischer Lloyd (GL) met on Wednesday at the Hotel Grande Bretagne, Athens. The annual Committee Meeting, now a longstanding tradition in its 35th year, very much reflected the mood of the industry, with great challenges foreseen for traditional markets, but opportunities on offer for those with expanding perspectives. The Chairman of […]

  • SMM Direct: Caterpillar Consortium Powers ‘INNOVATION’

    6 September 2012

    Caterpillar Marine Power Systems, together with SAM Electronics, SCHOTTEL and Zeppelin Power Systems, have delivered an integrated power and propulsion package for “M/V Innovation”, one of the largest and most innovative offshore wind turbine installation vessels to date. The consortium of globally renowned marine specialists provided both shipowner and shipyard a single-source solution for all […]

  • Banking Syndicate Complete Financing for Offshore Wind Farm EnBW Baltic 1 (Germany)

    5 December 2011
    Business & Finance

    Already since May 2011 the wind farm EnBW Baltic 1 has been delivering green power from the Baltic Sea – since Friday its long-term financing is also in place: a banking syndicate comprised of the European Investment Bank (EIB), KfW IPEX-Bank, Landesbank Baden-Württemberg (LBBW) and NIBC Bank N.V. will extend a loan amounting to EUR […]

  • USA: GE Works on Solving Wind Turbine Ice Accumulation

    23 August 2013
    R&D, Technology

    Rick Arthur from GE wrote an article on the company’s website about a research that GE is conducting to solve the issue of ice accumulation on wind turbines and other offshore infrastructure operating in extremely cold environments: I’m excited to highlight some progress GE Research has made in modeling the formation of ice from water […]

  • Austria: OWI-Lab Makes Report on EWEA 2013

    26 February 2013

    The OWI-Lab team attended the EWEA 2013 event in Vienna this month, the largest wind energy conference in Europe. More than 8000 participants and nearly 400 companies attended the conference and exhibition this year. Although 11.000 MW of wind energy capacity was installed last year, the wind industry is in fact facing tough times just […]

  • UK Ports Need GBP 4 Billion Investment to Help Unleash Floating Offshore Wind Industry – Report

    15 March 2023
    Infrastructure, Ports & Logistics, Vessels

    A new report by the Floating Wind Offshore Wind Taskforce says up to eleven ports around the UK will need to be transformed as fast as possible into new industrial hubs to enable the roll-out of floating offshore wind at scale. The report contains a series of recommendations which could see 34 GW of floating […]

  • Internationalisation Puts Gamesa in Strong Growth Position (Spain)

    28 July 2011
    Business & Finance

    Progress in internationalisation together with efficiency and sustained performance in all business lines placed Gamesa in a strong growth position in the first half of 2011, with results in line with annual guidance in terms of volume, profitability and debt. Gamesa’s consolidated revenues amounted to 1,297 million euro (+26%) in 1H11, EBIT was 62 million […]

  • France: Alstom Inaugurates Largest Offshore Wind Turbine

    20 March 2012

    On 19 March, Alstom inaugurated the largest offshore wind turbine in the world, at Carnet in the Loire-Atlantique. The ceremony was attended by Eric Besson, Minister of Industry, Energy and the Digital Economy, and Patrick Kron, Chairman and CEO of Alstom. The 6 MW Haliade 150 wind turbine has been developed in response to a […]

  • Gamesa projects resumption of growth: sales of 4,000 MW in 2013, with over 15% annual growth (Spain)

    8 October 2010
    Business & Finance

    Business Plan 2011-2013 focuses on three strategic vectors: a reduction in the Cost of Energy (CoE), growth and improved efficiency. * Steady recovery in the EBIT margin (WTG), to 6%-7% in 2013. * Orders will provide a solid foundation for growth: backlog of 7,500 MW (including framework agreements) and orders of 719 MW through September […]

  • Making Full Use of Deck Space

    5 February 2017

    The free deck area on board a wind farm installation vessel is, of course, a finite space which is defined by the length and beam of the vessel when it was built. The area that is accessible to the vessel’s cranes installed in the shipyard is also finite, defined by the position of the crane […]

  • Company announcement from Vestas Wind Systems A/S (Denmark)

    19 August 2010
    Business & Finance

    All-time high order intake. Results in line with expectations. Full-year guidance revised downwards. The second-quarter wind energy order intake was 3,031 MW, which was the highest level ever recorded and on a level with the order intake for the whole of 2009. Vestas generated second-quarter revenue of EUR 1,007m, a drop of 17 per cent […]

  • ELA Container and THE BLUE BEACH Come to Offshore Energy Exhibition and Conference

    25 October 2021
    Business & Finance, Industry

    The Offshore Energy Exhibition and Conference (OEEC) is once again returning to RAI in Amsterdam, the Netherlands on 26 and 27 October. ELA Container Offshore has been a prominent part of OEEC for years and this offshore accommodation specialist is returning once again in person as one of the exhibitors. We used this occasion to […]

  • Denmark: Dong’s 9M EBITDA Up to DKK 11.2 Billion

    23 October 2013
    Business & Finance

    The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2013 with the following financial highlights compared with the first nine months of 2012: — EBITDA for the first nine months of 2013 was DKK 11.2 billion compared with DKK 6.6 billion for the first […]

  • Scotland: Pelamis Wave Energy Device Inovator Honoured for Key Role in Marine Energy

    28 March 2012
    Authorities, Business & Finance

    Dr Richard Yemm, inventor of the Pelamis wave energy device has been honoured for his outstanding contribution to the development of the marine renewables sector. The iconic red ‘sea-snake’ wave energy converter has gained international recognition since Dr Yemm founded Pelamis Wave Power in Edinburgh in 1998. First Minister Alex Salmond presented Dr Yemm, now […]

  • Spain: Gamesa Reports Loss in Q1 2012

    10 May 2012
    Business & Finance

    The complex economic environment, volatility in many of the main wind markets, the new product launches and the industry’s seasonality had a temporary impact on Gamesa’s profitability and debt. Nevertheless, the company’s market and business diversification and the synergies between the wind turbine and farm activities enabled it to increase sales in the period, with […]

  • Service Vessel: Dynamic Impact Study

    10 April 2017

    Knowledge of impact forces is an important aspect in the design and subsequent operation of offshore wind turbines. Offshore wind turbines are typically monopile or space frame structures. In addition to their basic operational loading, these structures are designed to withstand the environmental loads experienced offshore from waves, currents and wind.

  • China Ming Yang Announces Financial Results for Fourth Quarter and Full Year Ended December 31, 2010

    9 March 2011
    Business & Finance

    China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”) (NYSE: MY), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2010. Fourth Quarter 2010 Financial Highlights * Total wind turbine generators (“WTGs”) commissioned reached a historical high of […]

  • Germany: Double-Digit Order Growth for Siemens

    9 May 2013

    Siemens, German multinational engineering and electronics conglomerate company, released a half-yearly report. Peter Löscher, President and Chief Executive Officer of Siemens AG commented: “Results for the second quarter show a mixed picture. While we were able to clearly increase orders, we still have challenges regarding revenue and profit. Even more we’re focusing on the factors that […]

  • UK: Centrica Releases Interim Management Statement

    11 May 2012

    Centrica has published an interim management statement. “Overall, Centrica is trading in line with expectations, with the benefit of higher wholesale gas and power prices upstream broadly offsetting the impact of mild weather in the first quarter on the downstream business. We are beginning to see a contribution from our recent acquisitions, in both UK […]

  • Prysmian Announces Results for First Half of 2011 (Italy)

    29 August 2011

    The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio Battista. “The half-year […]