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Business & Finance, Vessels
Eneti Inc.’s wholly-owned direct subsidiary entered into a binding agreement with Marubeni Corporation, INCJ, Ltd., and Mitsui O.S.K., Lines Ltd. under which Eneti will acquire 100 per cent of Atlantis Investorco Limited, the parent of Seajacks International Limited. Seajacks was founded in 2006 and is based in Great Yarmouth, UK. It is the largest owner […]
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Energy Minister Fergus Ewing will urge industry experts to take advantage of the massive opportunity renewable energy presents to Scotland.The Minister will deliver the opening speech and take questions at a conference on the economics of renewables. And he will tell delegates that not only do the sums on renewable energy add up, but that […]
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Although the offshore wind industry has not necessarily grown as fast as Belgium’s DEME Group originally expected, the sector is now responsible for 10% of its business. The company is continuing to eye targets for possible acquisitions and weighing up fleet expansion possibilities in the offshore wind sector. Alongside this, DEME is striving to seek further cuts in Capital Expenditure (CAPEX) in order to ensure that […]
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Vos Prodect Innovations applies extensive offshore experience to the support of sustainable energy production. The company is a pioneer in the field of cable hang-off systems and other cable accessories for the offshore industries. Over the last 60 years the company has constantly reinvented itself in the face of shifting market demands and industry trends. […]
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Department of Energy and Climate Change Released following speech of Charles Hendry: Thank you for inviting me to your conference today. I’m delighted to have been given this opportunity to say a few words to this gathering of leading figures in Ireland’s energy sector. The energy challenge I’d like to start by recognising Ireland’s strong […]
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In a study just published in Geophysical Research Letters, a team of engineers at Stanford has harnessed a sophisticated weather model to recommend optimal placement of four interconnected wind farms off the coast of the Eastern United States, a region that accounts for 34 percent of the nation’s electrical demand and 35 percent of carbon […]
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Based in Antwerp, Scaldis Salvage & Marine Contractors has just celebrated its 20th anniversary as an offshore marine contractor, specialising in transportation and installation works, civil constructions and salvage jobs. Since entering the offshore renewable market in 2007, there has been no looking back for Scaldis. The company has played a role in nearly all […]
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Grid Connection, Technology
On a recent project, DONG Energy contracted VSMC (Visser & Smit Marine Contracting), an international submarine power cables installation contractor specialising in intertidal and offshore markets, for the laying of two high voltage cables to the wind farm of West of Duddon Sands (WoDS) in the East Irish Sea. The project utilised two major vessels: […]
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Voith Hydro Wavegen, the Inverness based marine renewable wave power specialists recently completed installation of the world’s first commercial wave power plant. Located in Mutriku in Northern Spain the 300 kW plant is based upon Wavegen’s Nearshore Oscillating Water Column (OWC) technology which employs Novotechnik RFC4800 series ‘touchless technology’ non contacting angle sensors supplied by […]
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ACCIONA obtained a net profit of 314 million euros in 9M 2011, tripling the 101 million euros reported in the same period of 2010. Group EBITDA amounted to 934 million euros, a 14.8% increase vs. 9M 2010 and revenues grew 5% to 4,796 million euros. EBITDA growth was mainly due to the positive performance of […]
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As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership of their major investments, the ownership structure entails full consolidation for accounting […]
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Major announcements were made at the fourth Clean Energy Ministerial (CEM4) in India. Inaugurating the fourth Clean Energy Ministerial taking place in New Delhi this week, India’s Prime Minister Dr. Manmohan Singh said: “There is need for inter-country consultation and discussion in these areas to promote information exchange and to identify possible areas of collaboration, […]
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Renewable energy company 2-B Energy has joined forces with Scottish Enterprise (SE) to deliver cutting-edge offshore wind technology with the potential to reduce costs by up to 45%, First Minister Alex Salmond announced today. The organisations will work together to support commercialisation of 2-B’s unique two-bladed offshore turbine concept through development of offshore test and […]
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GWYNT Y MÔR Offshore Wind Farm Limited has secured a major contract to begin the next stage of offshore construction off the North Wales coast. In a £multi-million deal with Seaway Heavy Lifting Limited of Cyprus, the heavy lift vessel, ‘Stanislav Yudin’ will operate in Liverpool Bay between April and December, 2012, to install major […]
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Players from Denmark and abroad are now signing up for the international B2B event for the offshore wind sector, OWIB 2012, on November 14-15 in Esbjerg. Over the course of a few years, Offshore Wind International Business2Business has grown into one of the leading events in the global offshore wind sector. Among the businesses who […]
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In recent years, the shale gas revolution has contributed to the United States surpassing Russia and Saudi Arabia in oil production. The surge in oil production worldwide and Saudi Arabia’s strategic decision not to reduce its oil production led to declining oil prices. These lower prices have a contagious effect on the electricity prices, which […]
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As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership (50% / 50%) of their major investments, the ownership structure entails full […]
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Authorities, Business & Finance, R&D
When the Rhode Island Supreme Court issued a ruling earlier this month upholding a long-term contract for the sale of power from Deepwater Wind’s proposed wind farm off Block Island, it was a green light for the company to resume work on the project. As the case dragged on for nearly a year, with the […]
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WINDREICH, AREVA, ALSTOM, HOCHTIEF, Nordseewerke and the Offshore Wind Energy Foundation clear up prejudices of an allegedly difficult sector and present their successful model for planning, financing, establishment and start-up of offshore wind farms. Thanks to the effective cooperation of experienced partners the opportunities of the energy transition can be utilised. Logistics and cabling challenges […]
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Operations & Maintenance, Training & Education
IDEOL announces it has closed the financing of its innovative solutions development, and strengthened its advisory board with recognized experts from the offshore industry. Offshore wind is a buoyant sector: France is about to launch a first bidding for a 3 GW round, the United-Kingdom forecasts the installation of 32 GW before 2030, Germany sets […]
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Norwegian based NorWind Installer contracted the ULSTEIN Dutch design offices Ulstein Sea of Solutions and Ulstein IDEA Equipment Solutions as their design partners for a new foundation installation vessel for the offshore wind industry. The vessel is a customized version of the Deepwater Enabler design from ULSTEIN. The DP vessel is designed for world-wide operations […]
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Authorities, Environment, R&D
The Bureau of Ocean Energy Management (BOEM) yesterday published a final environmental review of geological and geophysical (G&G) survey activities off the Mid- and South Atlantic coast that establishes multiple mitigation measures designed to minimize the impacts to marine life while setting a path forward for survey activities that will update nearly four-decade-old data on […]
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Offshore wind farms in combination with meshed offshore grids and cross-border interconnectors, powered by appropriate regulatory frameworks, can largely contribute to energy security in the European Union.
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A coalition of 24 governors from both major parties and each region of the country has asked the administration to take a series of steps to provide a more favorable business climate for the development of wind energy, starting with a seven-year extension of the Production Tax Credit (PTC) and the Investment Tax Credit […]
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The following article is a guest post by Peter Thompson, East Asia Energy Leader at Arup, a global engineering and consultancy company. The article discusses the growing offshore wind sector in Asia, applying and refining lessons learned from Europe, as well as the region’s potential in floating wind. Asia’s offshore wind market is expected to […]
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The Joint Plenary Panel Discussion took place June 10 at the POWER-GEN Europe and Renewable Energy World Europe show and conference. The discussion encompassed the key show idea of Europe’s energy transition, with varying points of view from the industry itself represented at time heated debate. The panel was hosted by the nternationally-renowned journalist Stephen Sackur. Martin Giesen, […]
