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MHI Vestas has reached a milestone for its V164 turbine model with the installation of the 200th unit. According to MHI Vestas, the milestone turbine has been installed at the Norther offshore wind farm in Belgium. It is the fifth out of 44 8.4MW turbines to be installed at the 370MW project. Van Oord’s installation vessel Aeolus started […]
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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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Grid Connection, Technology
SeaTerra GmbH has completed investigation of 278 objects and removal of eight unexploded ordnance (UXO) targets from the DolWin3 cable route in the German part of the North Sea. Commissioned by the transmission system operator TenneT, SeaTerra GmbH recently examined and cleared numerous metal objects from the future DolWin3 cable route between Emden and the […]
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Lower Saxony’s Minister of Economics, Labour and Transport Olaf Lies has inaugurated a new berthing space and a new ramp at the port of Cuxhaven’s offshore terminal.
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DONG Energy recorded DKK 6.4 billion (EUR 860 million) net profit for the first six months of 2016, up 129% compared to DKK 2.8 billion net profit reported for the first half of 2015, largely driven by a strong growth in the company’s Wind Power division. The Danish energy company reported DKK 12.4 billion operating profit (EBITDA), a 19% increase compared to […]
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Dong Energy has reported a net profit of DKK 2.8 billion for the first half of 2015, an increase of DKK 1.3 billion compared to H1 2014. On back of the the strong earnings, the company has adjusted outlook for 2015 upwards with EBITDA lifted by Dkr1.5bn to between Dkr17bn and Dkr19bn for this year. […]
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Operations & Maintenance, Vessels
Statkraft has entered into an initial six month charter agreement, with a longer-term extension option, to use the WaveCraft, operated by Tidal Transit, to transport its O&M turbine technicians into its Sheringham Shoal Offshore Wind Farm field. The 317MW Sheringham Shoal Offshore Wind Farm is located from 9-17 miles off the coast of North Norfolk […]
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The first great milestone in the construction of the offshore wind farm Borkum Riffgrund 1 is about to be fulfilled: The shipping of the offshore substation. With a total capacity of 3,500 tonnes and a total height of 65 metres, it is in terms of logistics a tremendous achievement to load the topside and the […]
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DONG Energy today issued its interim financial report for Q1 2015, saying that the outlook announced in the 2014 annual report is reaffirmed. The company’s EBITDA was DKK 6.0 billion (around EUR 804 million) in Q1 2015, compared with DKK 6.3 billion (EUR 844 million) in Q1 2014. DONG Energy said that the decline was in line with the outlook announced in […]
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Ørsted reported a 74% jump in wind power division’s operating profit (EBITDA) in 2017, largely due to farm-downs of 50% of the Walney Extension and the Borkum Riffgrund 2 offshore wind farms.
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Business & Finance, Contracts & Tenders, Operations & Maintenance
Ørsted reported DKK 1.8 billion (EUR 241.5 million) profit from offshore wind farms in the second quarter of 2018, an 8% jump compared to the same period last year.
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Business & Finance, Training & Education, Vessels
Belgium’s DEME Group is recruiting more than 200 new employees in 2017 to meet the demand driven by the growth in offshore wind energy.
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Technip to Close Offshore Wind Business, 190 People to Lose Jobs Technip has decided to shut down its offshore wind division based in Westhill, Aberdeenshire, after all undergoing projects are completed. Suction Bucket Installation (VIDEO) Suitable for water depths of 30-60m with a height of 57m and weighing roughly 850 tonnes. The suction bucket jacket […]
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Asset finance of renewable energy projects in the first half of 2016 was at USD 92 billion worldwide, down 19% on H1 2015, with the biggest asset finance deals of the second quarter made in offshore wind in Europe, according to the latest data from Bloomberg New Energy Finance (BNEF). This was led by the […]
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Operations & Maintenance, Vessels
Louis Dreyfus Armateurs (LDA) has ordered a new Service Operation Vessel (SOV) based on a design from Salt Ship Design. The new vessel will be built by Cemre Shipyard in Turkey and will be operating for DONG Energy after it is delivered in Q4 2018.
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Statkraft has entered into an initial six month charter agreement with Tidal Transit to use the WaveCraft to transport its O&M turbine technicians into its Sheringham Shoal Offshore Wind Farm field. The 317MW Sheringham Shoal Offshore Wind Farm is located from 9-17 miles off the coast of North Norfolk in the southern North Sea, and […]
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DONG Energy has acquired 100% ownership interest in three offshore wind development projects in Germany, Gode Wind 1, 2, and 3, from PNE Wind AG. The three projects have a total capacity of up to 900 megawatt and are located in the German North Sea approx. 30 km northwest of the island of Norderney. The […]
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Business & Finance, Operations & Maintenance, Technology, Wind Farm Update
Siemens Gamesa and DONG Energy have signed an agreement for the supply and maintenance of 94 8MW turbines at the 752MW Borssele 1 and 2 offshore wind farms being developed in Dutch waters.
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Since the last time we looked at the status of Germany’s offshore wind industry only two years ago in July 2014, the number of operational offshore wind turbines has jumped from just 141 capable of producing 616MW to 835 grid connected turbines capable of 3,552MW in July 2016 and another 54 installed turbines not yet […]
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Due to an accelerated order pipeline for V164-8.0 MW projects, MHI Vestas Offshore Wind is ramping up blade manufacturing capacity in Nakskov, Denmark, to supplement its lead blade factory on the Isle of Wight, UK, where production has been ongoing since mid-2015. Previously, the factory in Nakskov was used by Vestas to produce blades for both offshore […]
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Operations & Maintenance, Technology, Vessels
TTS Group and Ulstein have received the first order for the jointly developed TTS Colibri crane which will be installed on a wind service operation vessel (WSOV) currently under construction in Turkey for Louis Dreyfus Armateurs (LDA).
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Leading offshore wind developer Ørsted reported an operating profit (EBITDA) of DKK 6.8 billion (EUR 912 million) for the first quarter of 2020, a 33 percent increase compared to the same period the year before. Net profit amounted to DKK 3.3 billion and return on capital employed (ROCE) came in at 11 percent for the […]
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Ørsted has achieved an operating profit (EBITDA) of DKK 10.8 billion (EUR 1.45 billion) in the first nine months of 2018, up 14% compared to 9M 2017, mainly due to a 32% increase in operating profits from wind farms in operation.
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German wind farm developer PNEWIND AG has published its annual report for 2013, which turned out to be the most successful fiscal year in the company’s history. At the same time, the company has significantly expanded its operational activities in the first quarter of 2014. “2013was not only an outstanding year financially for PNE WIND […]
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Business & Finance, Wind Farm Update
Ørsted has signed an agreement to sell 50% of its 1.2GW Hornsea Project One offshore wind farm to Global Infrastructure Partners (GIP).
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Siemens will supply 97 wind turbines, each with a rating of six megawatts (MW) and a rotor diameter of 154 meters, to the Danish energy provider DONG Energy. This will mark the first time that Siemens will be supplying its new six-megawatt wind turbines for offshore in Germany. The Gode Wind 1 (252 MW) and […]
