Search results for: baltic 2

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  • Norwegian Duo to Soon Reach FID for Swedish Offshore Wind Farm

    7 July 2022
    Contracts & Tenders, Wind Farm Update

    Norway-based Cloudberry Clean Energy has partnered with its compatriot Hafslund to develop the Stenkalles Grund shallow-water wind project in the lake Vänern in Sweden. The companies will form a 50/50 joint venture by Hafslund acquiring 50 per cent of the shares in Cloudberry Offshore Wind which indirectly owns the Swedish nearshore wind farm. The transaction is […]

  • Van Oord Installs Final Borssele III and IV Foundation

    22 April 2020
    Wind Farm Update

    Van Oord has installed the final of the 77 monopile foundations on the Borssele III and IV offshore wind farm in the Dutch North Sea. Van Oord’s installation vessel Aeolus transported the monopile foundations from Sif’s terminal at Maasvlakte 2 in the Port of Rotterdam and installed them at the site some 22 kilometres off […]

  • Fugro Bags Two Ørsted Contracts in US

    1 December 2017
    Contracts & Tenders, Environment, R&D, Wind Farm Update

    Fugro has won contracts by Ørsted to undertake geotechnical investigations at Bay State Wind and Ocean Wind offshore wind farms in the United States.

  • SSE Renewables Unveils Plans for Wind Farm Offshore Ireland’s Atlantic Coast

    6 April 2023
    Authorities, Wind Farm Update

    SSE Renewables is seeking an investigative foreshore licence to facilitate survey work for a possible new offshore wind farm in the Atlantic Ocean off the coast of Tarbert, Co. Kerry, Ireland. SSE Renewables has recently submitted an application for an investigative foreshore licence to Ireland’s Department of Housing, Local Government and Heritage and is seeking […]

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • Nordex Reduces Revenue Target for 2010 (Germany)

    11 November 2010
    Business & Finance

    * Market development holds back new business * Revenue target for 2010 reduced to around one billion Euros * EBIT margin target of 4% for the full year confirmed * Gross margin increased to 26,7 (22,3) percent * Order book increased to EUR 2.4 billion Hamburg, November 11, 2010. In the third quarter of 2010, […]

  • WSP to Re-Design Vineyard Wind Foundations

    6 October 2020
    Contracts & Tenders, Wind Farm Update

    WSP USA will carry out a re-design of the wind turbine foundations for the Vineyard Wind offshore wind farm in Massachusetts. Following recent permitting changes, Vineyard Wind modified the turbine layout and the U.S.-based engineering consultancy will now work on the re-design, after having provided the foundation design services prior to the changes to the […]

  • Register Now for Offshore Energy 2019

    27 June 2019

    The registration for the Offshore Energy Exhibition & Conference (OEEC) 2019 is now live! The event, to be held on (7), 8 & 9 October in Amsterdam will attract over 10,000 offshore professionals and more than 550 exhibiting companies. Offshore Energy is unique in bringing together the various offshore industries: oil and gas, offshore wind […]

  • Landowners Eligible for Triton Knoll Compensation

    30 November 2015

    The Triton Knoll offshore wind project in East Lincolnshire could have impact on 200 farmers, according to land and property advisors Strutt & Parker. Alice Mesney from the company’s Stamford office said: “Underground cables will be required to carry electricity from offshore wind turbines to the National Grid. This involves laying six cable ducts over a […]

  • World’s First Offshore Wind Farm Passes into History

    15 March 2017
    Operations & Maintenance, Wind Farm Update

    DONG Energy has started dismantling the world’s first offshore wind farm, the 4.95MW Vindeby located in the Danish Baltic Sea near the island of Lolland.

  • Research and Markets Announce New ‘Innovation in Wind Turbine Design’ Report on Market (Ireland)

    22 December 2011

    Innovation in Wind Turbine Design addresses the fundamentals of design, the reasons behind design choices, and describes the methodology for evaluating innovative systems and components. Always referencing a state of the art system for comparison, Jamieson discusses the basics of wind turbine theory and design, as well as how to apply existing engineering knowledge to […]

  • Order placed for jack-up crane vessels based on Wärtsilä-IMS design

    9 March 2010

    Wärtsilä, in consortium with IMS Ingenieurgesellschaft mbH, has been engaged by RWE Innogy, the renewable energy arm of the German utility company RWE, as its designer to provide the basic design and consultancy services for a jack-up crane vessel.

  • Spain: Gamesa Regains Operating Profitability

    27 July 2012
    Business & Finance

    The persistence of adverse economic and sector conditions continue to erode Gamesa’s results which, nevertheless, in 1H12 recovers operating profitability and initiates its deleveraging process ahead of schedule in 1H12 (initially slated for the second half), generating a net cash inflow of €100MM in 2Q12:  EBIT of €3MM (EBIT margin: 0.2%), this rises to €12MM […]

  • Schleswig-Holstein Wants More Offshore Wind

    24 January 2018
    Authorities, Business & Finance, Environment, Grid Connection

    The state government of Schleswig-Holstein has called for an additional expansion of Germany’s 2030 and 2035 offshore wind capacity targets.

  • LIPA Expected to Vote Yes on First Wind Farm off New York

    24 January 2017
    Authorities, Business & Finance, Wind Farm Update

    The Long Island Power Authority (LIPA) Board is expected to approve a contract for New York’s first offshore wind farm this Wednesday, 25 January, according to the Citizens Campaign for the Environment. After receiving support for the project from environmentalists, labor groups, elected officials, civic organizations, and the public, LIPA is anticipated to vote yes on Deepwater […]

  • SeaRoc Equips Hornsea One RCS with SeaHub Communications System

    22 August 2018
    Technology, Wind Farm Update

    SeaRoc Group has deployed its SeaHub Communications System on Hornsea Project One’s Reactive Compensation Station (RCS) – the world’s first offshore RCS – thus delivering the third SeaHub system for Ørsted’s 1.2GW offshore wind farm in the UK.

  • Nordsee One Reaches Financial Close

    19 March 2015
    Wind Farm Update

    The €1.2 billion Nordsee One project has reached financial close announced Canadian-German duo today. Northland, who owns 85%, and RWE Innogy, who owns the remaining 15% of 332MW project, said the equity is contributed to the project and all debt required for the project is fully committed. Approximately 70% of the project’s required costs will be provided from […]

  • UK: Xanthus Announces GBP 2 Mln Offshore Meteorological Mast

    9 October 2012

    Today Xanthus Energy is announcing a fully functional 100m high meteorological masts offshore in water from depths up to 60m for £2,000,000; and that’s installed and transmitting. Sea met mast is based on tried and tested buoyant gravity base designs developed over forty years and used to great effect in the oil and gas industry. […]

  • Ørsted Divesting Half of Hornsea Two for EUR 3.6 Billion

    28 March 2022
    Business & Finance, Wind Farm Update

    Ørsted has signed an agreement to divest 50 per cent of its 1.3 GW Hornsea Two offshore wind farm in the UK to a consortium comprising AXA IM Alts and Crédit Agricole Assurances for GBP 3 billion (approximately EUR 3.6 billion). The transaction is expected to close in the second half of 2022, once the […]

  • BCC Research: Offshore Wind to Take Off in Near Future

    17 March 2015
    R&D

    According to a new report from BCC Research, the global wind energy market was worth $130 billion in 2013 and $165.5 billion in 2014. The market is expected to grow at a compound annual growth rate (CAGR) of 7.2% between 2015 and 2020 resulting in $176.2 billion in 2015 and $250 billion in 2020. Globally, total […]

  • tkb Inks Contract for Offshore Windfarm Innogy Nordsee 1 (Germany)

    16 December 2011

    RWE Innogy Nordsee 1 GmbH has awarded a contract to tkb Technologiekontor Bremerhaven for Offshore Windfarm Innogy Nordsee 1. The project includes the preparation of the basic design for 54 jackets, standard braced frame steelwork sub-structure and the associated 4 steelwork pile foundations per jacket. About Innogy Nordsee 1: Innogy Nordsee 1 is situated approximately 32 […]

  • New Wind Projects Lead E.ON’s Renewables Figures Rise

    13 March 2019
    Business & Finance

    E.ON has reported an increase in earnings in the renewables segment for the 2018 financial year, principally due to the commissioning of a new offshore wind project in the UK and the inclusion of wind farms in the U.S. The company’s renewables segment saw EUR 521 million in adjusted EBIT, a EUR 67 million rise, […]

  • Germany Drafts Offshore Wind Bill with 40 GW-by-2040 Goal, Dynamic Tendering Process

    1 June 2020
    Authorities

    German Federal Ministry of Economy and Energy has issued a draft bill for an amendment of the Offshore Wind Act (WindSeeG), which outlines the country’s goal for 40 GW of offshore wind capacity by 2040. If enacted, the bill would also raise Germany’s current offshore wind target for 2030 from 15 GW to 20 GW. […]

  • Borssele III & IV Produces First Power

    7 August 2020
    Wind Farm Update

    The Borssele III & IV offshore wind farm produced first power early in the morning on 7 August, the Blauwwind consortium informs. “This marks a key milestone in the construction of the project as the first turbine is now generating power and delivering renewable electricity into the Dutch grid”, the developer said. The first of […]

  • BNEF: Offshore Wind Levelized Costs to Fall 71% by 2040

    15 June 2017
    Business & Finance, Environment, R&D, Technology

    Offshore wind levelized costs will slide 71% by 2040, according to the latest long-term forecast from Bloomberg New Energy Finance (BNEF).

  • Franco-Scottish Consortium Wins EUR 3.5 Mln SEM-REV Cabling Deal

    21 May 2015
    Grid Connection

    Subsea cable and connector specialist Hydro Group, alongside its French regional partner Wenex Equipments, last year formed a Franco-Scottish consortium which has led to the group successfully securing a £2.5million/€3.5million contract. The project involves manufacturing and installation of the array cabling infrastructure on the SEM-REV marine renewable energy project 16 nautical miles offshore the city […]