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  • GE Offers $16.9 Bln for Alstom Thermal, Renewables, and Grid Businesses

    30 April 2014
    Business & Finance

    GE and Alstom announced today that GE has submitted a binding offer to acquire the Thermal, Renewables (“Power”) and Grid businesses of Alstom (ALO.PA) consisting of $13.5 billion (€9.9 billion) enterprise value and $3.4 billion (€2.5 billion) of net cash, totaling $16.9 billion (€12.35 billion). The Alstom board of directors has positively received GE’s offer […]

  • SAMCEF for Wind Turbines Selected by REpower Systems AG (Belgium)

    16 February 2011

    The purchase of S4WT is the natural result of the confidence of REpower in SAMTECH’s software solutions. The choice of S4WT was further consolidated through the outcome of validation campaigns. These tests proved the higher accuracy of S4WT over other multi body and aero-elastic approaches when comparing numerical results and experimental measurements. The S4WT solver […]

  • Denmark: Anholt OWF Creates Ripple Effect among Suppliers

    16 April 2013
    Wind Farm Update

    Construction work at Anholt Offshore Wind Farm creates a ripple effect among the project suppliers – nationally as well as locally. The Danish wind industry has left a distinct imprint on Denmark’s largest offshore wind farm near Anholt in the Kattegat, where Danish companies account for two thirds of the contract sum and for orders […]

  • Scottish Finance Secretary Welcomes Japan Marine Energy Deal

    11 March 2012

    Finance Secretary John Swinney welcomed a deal between the Orkney based European Marine Energy Centre (EMEC) and the Ocean Energy Association of Japan (OEAJ) to develop Japan’s first marine energy test centre. The Finance Secretary will next month travel to Japan and South Korea to promote Scottish industry including expertise and investment opportunities in Scotland’s […]

  • Renewable Energy Joint Venture Investments to Decline in Upcoming Year (USA)

    5 December 2011
    Business & Finance

    The amount of venture capital entering cleantech will decline in 2012 for the first time since the global economic downturn in 2008, according to cleantech analysis and consulting company Kachan & Co. The firm, with offices in San Francisco, Toronto and Vancouver, has published a set of predictions for the cleantech sector in 2012.  In […]

  • Companies Call for Strong 2030 EU Climate and Energy Framework

    15 November 2013
    Authorities, Business & Finance

    Eight European companies call for a strong 2030 EU climate and energy framework based on mutually reinforcing tools and targets, including an ambitious and legally binding target for the share of renewable energy in the energy mix of more than 30%. Collectively, the group represents 176,000 jobs and over €250 billion annual turnover and is […]

  • Six Project to Receive USD 7.5 m for Wind Turbine Drivetrain Development (USA)

    29 June 2011
    Authorities, Business & Finance

    U.S. Energy Secretary Steven Chu announced that six projects in four states – California, Colorado, Florida, and New York – have been selected to receive nearly $7.5 million over two years to advance next-generation designs for wind turbine drivetrains. Drivetrains, which include a turbine’s gearbox and generator, are at the heart of the turbine and […]

  • OREAC: 1.4 TW of Offshore Wind by 2050 Achievable

    8 June 2020
    Business & Finance, Environment, Jobs & Recruitment

    1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that offshore wind could provide around 24 million years of employment, defined as […]

  • E.ON to Split Its Business in Two Companies

    7 May 2015
    Business & Finance

    E.ON’s transformation is the main topic at the company’s Annual Shareholders Meeting in Essen, Germany. Supervisory Board Chairman Werner Wenning and CEO Johannes Teyssen updated shareholders on the status of the project to divide the company into the future E.ON and a new company, Uniper. Starting in 2016, E.ON will focus on renewables, energy networks, […]

  • Polish Energy Companies to Jointly Build Offshore Wind Farms

    19 November 2021
    Business & Finance

    PGE Polska Grupa Energetyczna has signed conditional agreements with Tauron Polska Energia and Enea for the sale of shares in four project companies whose task will be to obtain location permits for the construction of offshore farms in the Polish Exclusive Economic Zone in the Baltic Sea. ”Offshore wind will drive Poland’s zero-carbon energy industry. […]

  • Offshore Wind Technology to Become Cost-Competitive in Future, IRENA’s Report Says

    19 January 2015
    Business & Finance, R&D, Technology

    The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, the International Renewable Energy Agency (IRENA) revealed in a new report. The landmark report, Renewable Power Generation Costs in 2014, concludes that biomass, hydropower, geothermal and […]

  • Scottish Renewables Writes to Donald Trump

    16 April 2012

    Last week, Niall Stuart, the Chief Executive of Scottish Renewables wrote to US tycoon Donald Trump regarding his statements on renewables and wind power over recent months. Scottish Renewables is the representative body for the renewable energy industry in Scotland, representing more than 300 organisations and companies working in the sector. I am writing in […]

  • France: Offshore Wind to Grow Quickly from Low Base, Says IEA

    12 July 2012
    R&D

    Renewable power generation is expected to continue its rapid growth over the next five years, according to a new report from the International Energy Agency (IEA) that acknowledges the coming-of-age of the renewable energy sector. The report says that despite economic uncertainties in many countries, global power generation from hydropower, solar, wind and other renewable sources […]

  • Economist Films: New Power Generation Disrupting Oil and Gas Industry

    22 September 2016

    Economist Films, part of the renowned magazine The Economist, has produced a documentary investigating how new energy technologies are disrupting the fossil fuel industry. The last part of the documentary shows how the offshore wind technology has advanced and how oil and gas companies are using their offshore expertise to tap into opportunities within the […]

  • Wärtsilä Designs Multi-Purpose SOV for US Offshore Wind Market

    15 February 2021
    Vessels

    The Finnish technology group Wärtsilä has designed the world’s first US-flagged, Jones Act-compliant hybrid multi-purpose service operation vessel (SOV) to serve the needs of the US offshore wind power market. The 76-metre vessel can accommodate up to 60 crew and wind-farm technicians in 55 single and five state cabins. The vessel’s double-decked cargo space is […]

  • USA: IBM Introduces New Wind and Solar Forecasting System

    12 August 2013
    Technology

    IBM today announced an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and analytics to accurately forecast the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, helping to reduce […]

  • UK Renewables Set New Records

    16 January 2014

    Recently released, the UK’s new national infrastructure plan saw the Government shifting incentives toward offshore wind power—and away from onshore wind farms and solar parks projects. Likewise, the recently published “Levy Control Framework” will see a boost to the UK’s spending on solar, wind and other renewable energy projects to £7.6 billion pounds a year […]

  • Denmark – Wind Energy Hub

    20 December 2010

    Denmark is the first country in the world to pursue a climate plan for how to build an energy system that is independent of fossil fuels and wind power already accounts for more than 20% of the total power consumption. It is widely agreed that wind turbines will become the backbone of Denmark’s future electricity […]

  • AMSC Introduces New Corporate Identity (USA)

    17 October 2011
    Business & Finance, Grid Connection

    American Superconductor Corporation today announced that it is now doing business as AMSC and introduced a new corporate identity in order to foster strong, sustainable growth. AMSC’s wind and grid offerings are now branded as Windtec Solutions and Gridtec Solutions to better reflect the company’s expertise across the power lifecycle. The value of AMSC’s solutions […]

  • HÅB Seeks Main Contractors for Mejlflak Nearshore Wind Farm, Denmark

    25 November 2013
    Business & Finance, Wind Farm Update

    Havvind Århus Bugt A/S (HÅB), acting through its technical advisor COWI A/S, is seeking main contractors that are interested in becoming pre-qualified for the subsequent tender of the turnkey/EPCI contract for the Mejlflak Wind Farm in the Bay of Aarhus. Profile: Mejlflak Nearshore Wind Farm. Havvind Århus Bugt A/S (HÅB), acting through its technical advisor […]

  • New Research Report Available on Subsea Power Grid System Market (USA)

    27 June 2013
    Grid Connection, R&D

    Reportlinker.com announces that a new market research report is available in its catalogue: Power Grid System Market In Subsea, By Offshore Power (Captive Generation, Wind Power, Others), Components (Cables, Variable Speed Drives, Transformers, Switchgears, Others) and Geography – Global Trends & Forecast To 2018.  The report covers the global power grid system market in subsea […]

  • UK Offshore Wind Can Be Global Powerhouse

    20 January 2017
    Business & Finance, R&D, Technology, Training & Education

    The UK’s offshore wind sector is at a “pivotal moment” and has a “unique opportunity” to develop skills to drive a truly world-leading industry, according to Andrew Jamieson, Chief Executive of the Offshore Renewable Energy Catapult. Jamieson was speaking ahead of an “Industry Leaders’ Debate” at Scottish Renewables’ Offshore Wind Conference, which will be held in […]

  • UK: DECC Is No More. Energy and Business Now Under One Roof

    15 July 2016
    Authorities

    The new UK Prime Minister, Theresa May, has reshuffled the cabinet and shut down the Department of Energy and Climate Change (DECC), with the issues formerly dealt with by the DECC now being part of a newly set up Department for Business, Energy and Industrial Strategy, which will be led by Greg Clark. On his appointment as Secretary […]

  • 6.2MW SEAWIND 6

    1 June 2015

    Dutch offshore wind solutions provider Seawind has developed a novel 6.2MW two-bladed upwind turbine with a 126 metre rotor diameter, plus additional technology for bottom-fixed and floating installations together aimed at driving down the cost of energy decisively. Offshore WIND spoke with chief technical officer Silvestro Caruso about product design philosophy, dedicated technology features and […]

  • OEEC: Various Renewables Set for Numerous Markets

    10 October 2017

    Offshore Energy Exhibition and Conference on Tuesday hosted ‘The rise of renewables session’ that offered a quick-scan of various renewable energy technologies currently under development and the markets set for their commercial implementation.

  • USA: Wood Group Announces Board Changes

    23 July 2012

    Wood Group announced a number of Board changes that will become effective 1 November 2012. * Chairman, Sir Ian Wood, will retire as Chairman and from the Board. Sir Ian has been Chairman since 1982 and was CEO from 1967 to 2006 * CEO, Allister Langlands, will become Chairman. Allister has been with Wood Group […]