Search results for: Baltic 2

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  • Siem Offshore Reports 3Q Results (Norway)

    27 October 2011

    The operating revenues for the third quarter were USD 93.4 million (2010: USD S8.0 million).The operating margin was USD 3S.7 million (2010: USD 19.S million) and the operating margin as a percentage of revenues was 38% (2010:34%). Operating profit was USD 12.6 million (2010:14.8 million) and includes depreciation and amortisation of USD 21.3 million (2010: […]

  • Blade Erosion Repair Can Up Annual Energy Production by 2%

    15 August 2016
    R&D

    An uplift in annual energy production (AEP) of between 1.5 and 2% is possible following the repair of moderate blade erosion, according to the first measurement campaign undertaken on an offshore wind farm under Offshore Renewable Energy (ORE) Catapult’s blade leading edge programme (BLEEP). The measurement campaign, carried out on behalf of ORE Catapult by the Measurement Services Department […]

  • Northland Power Cashing In Its Shares for Gemini OW Project

    25 February 2014
    Business & Finance, Wind Farm Update

    Northland Power Inc. has decided to raise money for the investment in the Gemini offshore wind project by offering its shares to the public in Canada. The company announced yesterday that it has entered into an agreement with a syndicate of underwriters led by CIBC and BMO Capital Markets to issue to the public in […]

  • RWE: New Delegated Act Puts Shackles on Green Hydrogen

    23 May 2022
    Authorities, Business & Finance

    There should be no limiting criteria for the producers and buyers of green hydrogen on the use of electricity to produce it, RWE said in a comment on a proposed delegated act in the EU which would permit only electricity from newly built, unsubsidised wind and solar energy farms to generate green hydrogen by 2026, […]

  • BOEM Holding New York Offshore Wind Auction

    16 December 2016

    [The auction has ended after the 33rd round.] Rounds (reverse chronological order): 16 December: 32nd round (closed at 16:00 CET): asking price – USD 39,469,725; 2 bidders. 31st round (closed at 15:40 CET): asking price – USD 36,469,725; 2 bidders. 30th round (closed at 15:20 CET): asking price – USD 33,469,725; 2 bidders. 29th round (closed at 15:00 […]

  • WAB: WindEurope Report Underestimates German Offshore Wind Potential

    12 December 2019
    Authorities, Business & Finance

    German wind energy agency WAB has brought into question the results of a report recently published by WindEurope, saying that Germany’s offshore wind potential is around 21GW higher than stated in the report. According to the report, the potential of offshore wind capacity in German waters by 2050 accounts to some 36GW. However, WAB has […]

  • Garrad Hassan to Conduct Study for Carbon Trust

    21 February 2014
    R&D

    The Carbon Trust is working on a major offshore wind technology accelerator initiative focussed on reducing the cost of energy (GBP/MWh) from offshore wind by more than 10 %. This initiative, the Offshore Wind Accelerator (OWA), is funding large-scale research, development and demonstration (RD&D) projects to unlock technological barriers to advance the industry, and thereby […]

  • UK: Highland MSP Welcomes Now Plans for Kishorn Yard

    24 October 2013

    Highland MSP sees bright future for Wester Ross now plans for Kishorn Yard approved. Rhoda Grant, Highlands & Islands (Labour) MSP welcomed the decision by Highland Council North Planning Committee this afternoon to approve plans to extend the use of the Kishorn yard in Wester Ross and increase its quarry operations. She said: “The future […]

  • Ulstein Wins New Work on US Rock Installation Vessel

    13 April 2021
    Contracts & Tenders, Vessels

    Great Lakes Dredge & Dock (GLDD) has contracted Ulstein for the integration engineering for the first Jones Act compliant subsea rock installation vessel dedicated to the U.S. offshore wind market. The new contract follows the one for Basic Design, which GLDD awarded to Ulstein in December 2020. The scope of work includes the selection of […]

  • London Array Wind Farm Picks O&M Services Provider

    21 February 2022
    Contracts & Tenders

    German energy company RWE has won an operations and maintenance (O&M) services contract for the London Array offshore wind farm, in which RWE holds a 30 per cent stake. Under the ten-year O&M contract, the company will start delivering services for the offshore wind farm in early 2023. According to RWE, over the past year, […]

  • BNEF: USD 3.1 Trillion to Be Invested in Wind Power by 2040

    13 June 2016
    Business & Finance

    Some USD 7.8 trillion will be invested in renewable energy over the next 25 years, with wind power, both onshore and offshore, attracting USD 3.1 trillion, according to Bloomberg New Energy Finance’s (BNEF) New Energy Outlook 2016. USD 3.4 trillion is forecasted to be pored into utility-scale, rooftop and other small-scale solar, and USD 911 billion […]

  • Shadow Energy Minister to Speak at EEEGR

    2 April 2014
    Authorities

    UK Shadow Energy Minister Tom Greatrex will speak at EEEGR’s flagship summer conference in Norwich in July. The EEEGR2014 Conference will look at how the East of England can continue its leading role in generating energy for the UK from a wide range of resources – and the opportunities created for the regional supply chain. […]

  • USA: Conservation Groups Welcome Lease of Virginia Offshore Wind Energy Area

    5 September 2013
    Authorities

    In a step forward for offshore wind energy development, the Bureau of Ocean Energy Management, Department of Interior auctioned approximately 113,000 acres off the coast of Virginia for commercial wind energy development for over $1.1 million. The wind energy area, around 23.5 nautical miles off of Virginia Beach, has the potential to produce more than […]

  • Cargo Ship-Hit Gode Wind 1 Turbine Went Back Into Service in 24 Hours; Vessel Said to Have Been Kilometres Off Course

    30 May 2023
    Vessels, Wind Farm Update

    The turbine at the Gode Wind 1 offshore wind farm in Germany that was hit by a cargo vessel last month was put back into service around 24 hours after being taken out of operation for inspection, Ørsted tells offshoreWIND.biz. According to reports by German media, the vessel, which sustained major damage, was on autopilot […]

  • Offshore Wind to Account For 80 Per Cent of Infrastructure at Sea by 2050 – DNV

    9 March 2023
    Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Transition

    The amount of ocean space occupied by installations will grow five-fold by 2050, driven by offshore wind, which will account for 80 per cent of stationary infrastructure at sea by midcentury, followed by aquaculture (13 per cent) and oil and gas (5 per cent), according to DNV. Whilst ocean space is plentiful, industrial activity will […]

  • Korean-Dutch Consortium Fast-Tracks MSPAR Floater, Targets 15+MW Wind Turbines

    13 December 2021
    R&D, Technology

    South Korea’s Daewoo Engineering & Construction CO., Ltd has signed a Joint Technology Development Agreement for the MSPAR floating offshore wind turbine foundation with the Netherlands-based Monobase Wind B.V. The consortium aims to jointly develop the MSPAR floater within the next four years and have the foundation ready for commercial rollout in 2025. The concept […]

  • Nordex Expects Profitable Growth in 2012 (Germany)

    14 November 2011
    Business & Finance

    The Nordex Group achieved an increase of roughly 9 percent in sales to EUR 668.2 million in the first nine months of 2011 (previous year: EUR 614.2 million). At EUR 264.9 million, sales in the third quarter were on a par with the previous year. Growth in the first nine months was driven by the […]

  • 2015 European Offshore Wind in Numbers

    11 February 2016

    European offshore wind saw some big numbers last year, with EUR 13.3 billion invested in the sector and a total of 3,019 MW of new grid-connected capacity added. Even though 7 wind turbines were decommissioned (two at Robin Rigg and all five at Yttre Stengrund), 419 newly installed ones were there to overshadow this.  Fourteen projects were completed in 2015, with work […]

  • UK: Two Met Masts Completed at East Anglia Offshore Wind Zone

    22 August 2013
    Wind Farm Update

    Contractors working for Vattenfall and ScottishPower Renewables have completed the installation of two of the UK’s most advanced weather monitoring stations for the 7200MW East Anglia Offshore Wind Zone off the Norfolk and Suffolk coast. The contracts for the £17 million weather monitoring project were overseen by Aberdeen based Wood Group, with Steel Engineering of […]

  • UK: Fugro’s New Offshore Wind Farm Drill Readies for Action

    18 November 2013
    Technology

    Specialist overwater drilling and marine construction contractor Fugro Seacore is building a powerful pile top drill, the T120, for the offshore wind farm market to assist with monopile installations of up to 8 metres diameter. Their current big drill has 90 tonnes of rotational torque; the new one will have 120 tonnes. This new addition […]

  • Carnegie Welcomes UK’s Increased Wave Energy Support

    21 October 2011

    Wave energy developer Carnegie Wave Energy Limited welcomes the UK Government’s proposal for increased support of wave energy across the UK which will see wave projects receive more than 5 times the tariff of onshore wind projects. The UK Government’s Department of Energy and Climate Change (DECC) consultation sets out the Government’s proposals for levels […]

  • Germany: Windreich’s Subsidiary Achieves around EUR 36 Million Profit in 2012

    16 August 2013
    Business & Finance

    The principal subsidiary of Windreich, FC Windenergy achieves an operating profit of around EUR 36 million even in the difficult setting. FC Windenergy is mainly engaged in project development and project sales. The Windreich group generates a total asset of EUR 567 million due to the preliminary figures for 2012, a balance sheet total of […]

  • South Koreans Develop K-Floating Body with Domestic Tech, Get DNV Nod

    9 March 2023
    Business development, R&D, Research & Development, Technology

    South Korean SK ecoplant and its compatriot POSCO have announced that their K-Floater, a floating body model for offshore wind power developed with domestic technology, secured basic design certification from DNV. The K-floating body is a 10 MW semi-submersible floating model which is capable of withstanding a typhoon of about 40 metres per second that […]

  • Reportlinker Announces New HVDC and HVAC Submarine Power Cables Report

    25 July 2011
    Grid Connection

    Reportlinker.com announces that a new market research report is available in its catalogue  HVDC and HVAC Submarine Power Cables: Supply Constraints, Demand Drivers, Technology Issues, Prominent Projects, Key Industry Players, and Global Market Forecasts The high-voltage submarine cable market is, by all definitions, a niche market with few purchasers and even fewer manufacturers and installers. […]

  • Spain: Iberdrola Q1 Net Profit Up 0.7 pct

    10 May 2012
    Business & Finance

    IBERDROLA’s first quarter net earnings rose 0.7% to €1,022 million with Ebitda up 4.1% at €2,365 million, driven by international growth and despite a decline in Spain where recent regulatory decisions have had a negative effect. Revenues rose 10% to €9,331 million, while gross margin was up 4.1%. Net operating income (Ebit) rose 1.3% higher […]

  • Otary Plans Offshore Wind Bid in Belgium, Seeks Supply Chain Partners

    21 September 2022
    Business & Finance, Contracts & Tenders

    Belgium-based offshore wind developer Otary has revealed plans to submit a bid in the upcoming tender in the country. In preparation to participate in the tender, the company is now looking for value propositions in multiple project areas to boost its proposal. In October last year, Belgium’s Council of Ministers approved a proposal to increase […]