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  • Suzlon Reports Profits of USD 96 m in Fourth Quarter (India)

    16 May 2011
    Business & Finance

      Suzlon Energy Limited, the world’s fifth largest wind turbine supplier, reported its earnings today, for the quarter ended March 31, 2011. Mr. Tulsi R. Tanti, founder, Chairman and Managing Director – Suzlon Group, said: “The past year has seen consistent improvement in our Group performance, and we are very pleased to report a profitable […]

  • UK: JDR Posts Results for 2012

    19 April 2013
    Business & Finance

    JDR, a leading provider of technology connecting the global offshore energy industry, has published its results for the twelve months ended 31 December 2012 together with its Annual Report.  Andrew Norman, Chief Executive of JDR, said:  “I am delighted to report that JDR has delivered a record performance in 2012, which provides a platform for […]

  • US Offshore Wind Gains Momentum

    22 October 2013
    Authorities

    Despite significant advancements in 2013, continued uncertainty regarding federal tax policy and lack of state-level incentives will, if left unchecked, present significant barriers to US offshore wind success. This is according to the North American division of PMSS, an experienced European offshore wind consultancy firm and a part of the TÜV SÜD group – one […]

  • Offshore Wind Investments to Reach USD 810 Billion by 2030 – Rystad Energy

    30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • Able UK Opportunities at THMA’s Offshore Wind Connections

    23 April 2013

    Potential supply chain opportunities at Able UK’s Marine Energy Park (AMEP) and the fallout from the introduction of the Energy Bill are on the agenda at a free breakfast briefing this week. The Team Humber Marine Alliance (THMA) hosted ‘Offshore Wind Connections’, which is being supported by EEF the manufacturers’ organisation, will feature David Shepherd, […]

  • Allianz Global: Offshore wind project risks (USA)

    10 May 2010
    Business & Finance

    Allianz Global’s insurance expert, Robert Maurer, gave some interesting insight into offshore wind energy project risks. Usually, offshore projects are watched and assessed from the technical or economical point of view, but we thought it would be interesting to cite this article as a different way of looking at offshore wind. First off, the difference […]

  • UAE: Lamprell Releases Interim Management Statement

    19 November 2012
    Business & Finance

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, issues its latest Interim Management Statement in accordance with the EU Transparency Directive, which also provides a trading update in light of the previous announcement on 3 October 2012. The statement covers the […]

  • US$20bn of spend is needed to build 200 new vessels

    30 March 2023
    Business development, Research & Development, Technology, Vessels

    Written by David Matthews, Head of Strategy Clarksons Renewables Clarksons sets out today’s reality if the Wind sector is to achieve its ambitious targets for tomorrow Countries around the world have set ambitious targets around Wind energy production for 2030. But with Wind booming and Oil & Gas back in a big way – does […]

  • The Road to Renewables

    5 March 2017

    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.

  • Able Marine Energy Park Gets Go-Ahead

    24 October 2014
    Authorities, Business & Finance

    The Joint Parliamentary Committee yesterday cleared the way for the multi-million pound Able Marine Energy Park (AMEP) on the South Bank of the Humber, UK. Able UK’s Executive Chairman Peter Stephenson said that this is brilliant news for the company, region, the UK and the job opportunities that it will create. The Joint Committee of the House of […]

  • Cost reduction: Safety is safety in any language

    8 August 2013

    Offshore wind power is about as pure as energy generation gets. However, it is frustrating that statutory regulations in a key area, the deployment of novel vessels that service the industry, muddy these crystal waters. While a wind farm is rooted to the seabed, generating clean energy for decades to come, owners and operators may wish to transport their valuable project experience […]

  • Rob van der Hage, TenneT: Having Significant Responsibilities Requires a Vision

    20 October 2016
    Business & Finance, Grid Connection

    Rob van der Hage, Business Manager Offshore at TenneT Netherlands, will be one of the panellists in the closing discussion on short and long term potential at the Offshore WIND Conference and has provided an insight into the sector from an interesting point of view – that of an electricity transmission system operator. Regarding his […]

  • Offshore Wind Cushions Jan De Nul from Rough Dredging, Oil & Gas Markets

    30 May 2018
    Business & Finance

    Jan De Nul has reported a 2017 decline in the dredging market which, together with challenging conditions in the oil & gas industry, left a mark on its financial results. In the light of this, the company emphasised the role offshore wind had in its performance last year, adding that it sees further growth in the offshore renewables market, where its business is no longer restricted to Europe.

  • wpd: A developer prepared to take risks

    2 August 2012

    Now recognised as one of the world’s leading wind developers and Independent Renewable Power Producers (IRPP), wpd group has a staff of about 700 people around the world. Founded in 1996, wpd has been one of the key players in the wind sector right from its very inception, wpd has constructed and financed more than […]

  • Wind Blade Composites Market Grows as Offshore Wind Energy Advances (Germany)

    16 January 2012

      Many nations have set challenging targets for renewable energy production and it was in this setting that AMI held the latest global conference on Wind Turbine Blade Manufacture in December 2011 in Dusseldorf, Germany. The UK Minister for the Environment had announced potential plans for another 29,000 wind turbines mainly offshore, and Siemens Energy […]

  • Low Carbon Energy (Scotland)

    27 September 2011
    Authorities

      A raft of inward investment decisions to develop offshore renewable technology in Scotland over the last year is a sign of greater things to come for the country’s growing clean-tech sector, First Minister Alex Salmond said today on the eve of a major international conference on financing green energy and other low carbon sectors. […]

  • Ballast Nedam: “Poor Year, Sharper Strategic Focus and Solid Refinancing”

    10 March 2014
    Business & Finance

    Ballast Nedam has issued its annual results for 2013, which show that the company had a difficult year. However, its results in the offshore wind energy market were rather good. Results in line with the press release of 5 February 2014 Operating loss of € 30 million, including € 18 million of restructuring costs and […]

  • SDE Sells USD 1.2 Million Wave Power Plants to China

    20 August 2012

    SDE has signed an export agreement to sell sea wave power plants for a total sum of 1.2 million U.S. Dollars. SDE is in the final stages of building the second power plant in a series of 3 power plants that will be built on Chinese soil. The deal that SDE signed with their local […]

  • UK: Port of Tyne Takes Big Steps toward Renewables

    24 January 2013
    Ports & Logistics

    The Port of Tyne is stepping up the pace in the race to provide clean, green renewable fuels for the future with £180m investment plans for its south bank estate in South Tyneside. On the back of several years of record growth, the Port has focussed its business strategy for further growth on renewable energy […]

  • UK Round 3: Accepting the challenge

    16 April 2014

    The UK currently has the largest offshore wind market in the world, with an installed capacity amounting to over 3.6GW, and a currrent development pipeline of up to almost 40GW capacity in the future. There are two development rounds in progress and an ambitious third round waiting to kick off. However, this third round is […]

  • UAE: Lamprell Issues Interim Management Statement

    17 May 2013
    Business & Finance

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, issues its latest Interim Management Statement in accordance with the EU Transparency Directive. This statement covers the period from 1 January 2013 to date, except as stated below. The performance in the year […]

  • Three Steps to Unlocking the Potential of High-Power Wind Turbines

    7 December 2022
    Industry, Technology

    This is a guest article by Daniel Gerber, Senior Vice President, Global Product Group Manager Wind, System Drives, ABB. The critical role of wind in the world’s future energy needs is clear: the Ocean Renewable Energy Coalition states that 1,400 gigawatt (GW) of offshore wind power will sustain one tenth of global electricity demand by […]

  • Round 3 of UK’s Offshore Wind Programme to Face Great Challenges

    10 January 2012

      Progress is lagging behind the Crown Estate’s intended timescales for Round 3 of the UK’s offshore wind programme. Why is this so and what can be done to put Round 3 projects back on track? The UK is currently the world leader in the generation of offshore wind energy thanks to the first two […]

  • MAKE Consulting: 10 Surprises for Global Wind Power Industry in 2013 (Denmark)

    5 February 2013
    R&D

    Moving through these final stages of what has been a challenging period for the global economy, the wind power industry is looking forward to better times and renewed demand. The path back to profitability and growth, however, is not without its challenges and the industry is expected to undergo some significant changes in the process. […]

  • Interview with Giles Dickson: EWEA and COP21

    27 May 2016

    While the European wind energy association (EWEA) welcomes the landmark agreement achieved at the United Nations Paris Climate Summit – known as COP21 – whereby countries will aim to cut greenhouse gas emissions to a level that will restrict the global average temperature to a rise ‘well below’ a 2°C threshold, the new EWEA Chief […]

  • Milestone Year for UK Offshore Wind

    10 November 2014
    Authorities, Business & Finance

    Huub den Rooijen, Head of Offshore Wind at The Crown Estate which manages the UK seabed, assesses the case for offshore wind in turbulent times and calls for greater transparency in debating energy future. UK has seen significant milestones hit, such as 4 GW of capacity now in operation – enough to meet the electricity demands […]