Search results for: Baltic 2

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  • Dutch Government Goes 16 Pct Renewable by 2020

    1 November 2012
    Authorities, Business & Finance

    The additional 2.4 billion budgeted for renewable energy by the new Dutch Rutte II cabinet should be sufficient to realise 16% renewable energy in 2020. This calls for a balanced development of renewable heat, green gas and renewable electricity. The previous cabinet focused on renewable heat as a cost-effective technique. If the new cabinet is […]

  • UK: Crown Estate Posts Profit of GBP 252.6 Million

    27 June 2013

    The Crown Estate announced another record financial result, posting a profit of £252.6 million which they pay entirely to the UK Treasury for the benefit of the nation’s finances. Profit for the year was up by 5.2 per cent on last year and capital value rose by over 7 per cent to more than £8.6 […]

  • Reportlinker Announces ‘Global and China Marine (Offshore) Engineering Industry Report, 2012’

    31 October 2012
    R&D

    Reportlinker.com announces that a new market research report “Global and China Marine (Offshore) Engineering Industry Report, 2012” is available in its catalogue. The shipbuilding industry has been sluggish since H2 2011. In contrast, the offshore engineering industry is in a much better condition. In H1 2012, the fulfilled orders of global offshore engineering market totaled […]

  • DONG Energy Sells 50 pct of German Offshore Wind Farm Borkum Riffgrund 1

    23 February 2012

    DONG Energy has today signed an agreement to sell 50 per cent of the German offshore wind Borkum Riffgrund 1 to the LEGO Group’s parent company, KIRKBI A/S, and the Oticon Foundation, via its investment company, William Demant Invest A/S for a total sum of DKK 4.7 billion. When completed Borkum Riffgrund 1 will consist […]

  • BOEM Improves Offshore Wind Site Identification Processes

    19 September 2022
    Authorities, Business & Finance, R&D

    The US Bureau of Ocean Energy Management (BOEM) has decided to improve its processes for identifying future offshore wind sites that will be applied to ongoing planning efforts in the Gulf of Mexico, Central Atlantic and Gulf of Maine, and off the Oregon coast. In response to feedback from BOEM’s government partners and other stakeholders, […]

  • The Netherlands: Royal Haskoning and DHV Announce Official Merging

    2 July 2012
    Business & Finance

    Royal Haskoning and DHV announce they have officially merged and will now be known as Royal HaskoningDHV. The company, headquartered in Amersfoort, the Netherlands, is one of Europe’s leading project management, engineering and consultancy service providers, ranking globally in the top 10 of independently owned, non-listed companies and top 40 overall. With nearly 8,000 professionals […]

  • Cornwall Sets Out MRE-Tech Commercialisation Plan

    25 May 2015
    Authorities, Business & Finance, R&D, Technology

    On Friday, 22 May, the Cornwall & Isles of Scilly Local Enterprise Partnership (C&IoS LEP), Cornwall Council and the Council of the Isles of Scilly jointly launched their Marine Renewable Energy (MRE) Roadmap, which sets out how the public and private sector can work together to deliver the next steps towards the commercialisation of offshore […]

  • USA: AMSC Reports Q2 Financial Results

    7 November 2012
    Business & Finance

    AMSC, a global solutions provider serving wind and grid leaders, has reported financial results for its second quarter of fiscal year 2012 ended September 30, 2012.  Revenues for the second quarter of fiscal 2012 were $20.9 million, which compares with $20.8 million for the second quarter of fiscal 2011. AMSC increased revenues from its Grid […]

  • Germany: Q3 Strongest for Nordex

    14 November 2012
    Business & Finance

    In the first nine months of the current year, the Nordex Group posted a 7 percent increase in sales to EUR 715.5 million (2011: EUR 668.2 million). Business in Europe, which is the company’s most important region, rose in particular, with sales climbing by 16 percent. With business volume EUR 294.4 million, the third quarter […]

  • IRENA Maps Renewables Road to 2030

    17 March 2016
    Business & Finance, R&D

    IRENA has laid out concrete technology options and outlined solutions and action areas to accelerate renewable energy growth in its latest report on the energy transition in 40 economies, representing 80% of global energy use. REmap: Roadmap for A Renewable Energy Future, finds that doubling renewables in the global energy mix by 2030 is feasible and actually […]

  • Japan: Fuji Heavy Assigns Wind Turbine Generator System Business to Hitachi

    30 March 2012
    Business & Finance

    Hitachi Ltd. and Fuji Heavy Industries, Ltd. have reached a basic agreement on the assignment of FHI’s wind turbine generator system business to Hitachi. Towards the completion of assignment, which is planned for July 1, 2012, Hitachi and FHI will discuss the specific terms of the future agreement. In recent years, environmental awareness and the […]

  • Seajacks Zaratan Construction Summary (UK)

    4 February 2011
    Technology

    In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-build, Seajacks Zaratan, in May 2012, and […]

  • BLG Reports Good Financial Results for 2011

    1 June 2012
    Business & Finance

    BLG is 135 years old. “When you have managed to mold the experience and performance of 135 years into a successful concept for the future, you’re on the right path,” stated BLG’s CEO Detthold Aden at the Annual Shareholder’s Meeting in Bremen on May 31. The present-day BLG LOGISTICS GROUP AG & Co. KG as […]

  • The Netherlands: Fugro Lifts Profit Outlook Due to Higher Demand for Energy

    18 November 2011

      This profit forecast does not take into account the change in the fair value of Fugro’s participation in Electromagnetic Geoservices ASA (EMGS). Based on the current EMGS share price the value of the investment would be around EUR 7 million higher. The net result after tax of Fugro for 2010 was EUR 272.2 million […]

  • How Wind Turbine OEMs Could Optimize Their Supply Chain?

    20 January 2014

    The wind industry needs to optimize its supplier base in order to reduce costs and improve turbine performance and reliability.  Written by Borje Axelsson from ABB: You have too many suppliers! Don’t worry, you are not alone. This is typical for a fast changing industry like Wind, where just finding suitable components is a higher […]

  • IBERDROLA RENOVABLES Begins 1,200 MW First Phase of East Anglia Array Offshore Wind Project in the UK

    2 December 2010
    Wind Farm Update

    The project is being developed by IBERDROLA RENOVABLES’ UK subsidiary, ScottishPower Renewables, in conjunction with Sweden’s Vattenfall Agreement has just been reached to connect the East Anglia Array, with a projected capacity of up to 7,200 MW, to National Grid’s land-based transmission network East Anglia ONE, the first phase of the development, will have a […]

  • WTIVs: Wind Turbine Installation Vessels: New optimism

    2 December 2015

    The rugby world cup tournament is about to start in England as this article is being written. Just as the rugby fans will have waited 4 years for the whistle to announce the start of the first match, England versus Fiji, so the offshore wind industry has waited eagerly for the whistle to start for […]

  • Oil and Gas Know How Could Help Renewable Industry (UK)

    23 June 2011

    The renewable energy industry is developing rapidly in response to ambitious targets set by the UK government. As a nation, they’ve got to reduce CO2 emissions and increase power generation from renewable sources such as wind, wave and tidal power. They are, literally, at sea in new territory and as a consequence may suffer from […]

  • DEME Starts Work on Coastal Virginia Offshore Wind Project, Vineyard Wind Next

    22 November 2022
    Wind Farm Update

    DEME has kicked off the work on Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind project in the USA. As reported, Dominion Energy selected a consortium of DEME and Prysmian as the Balance of Plant (BoP) contractors in charge of the transportation and installation of the foundations and the substations, and the engineering, procurement, construction, […]

  • Marine Power Systems, WavEC Unveil Floating Wind Project in Portugal

    12 October 2022
    Technology, Wind Farm Update

    Marine Power Systems (MPS) and WavEC, one of the co-managers of the Aguçadoura test site offshore Viana do Castelo, have signed a Memorandum of Understanding (MoU) on deploying MPS modular floating platform technology, PelaFlex, at the Portuguese test site. The news comes shortly after MPS signed a collaboration agreement with RWE which will, inter alia, […]

  • Senvion Sold to USA Firm, Suzlon to Get Its License for Offshore Technology

    22 January 2015
    Business & Finance

    Suzlon Group today signed a binding agreement with Centerbridge Partners LP, USA to sell 100% stake in Senvion SE, a wholly owned subsidiary of the Suzlon Group. The deal is valued at EUR 1 billion equity value in an all cash transaction and future earn out of up to an additional EUR 50 million. The […]

  • Pelamis Wave Power Looking for Strategic Partner (UK)

    21 November 2011
    Business & Finance

    RENEWABLES firm Pelamis Wave Power is searching for a “strategic partner” that will allow it to become a large-scale manufacturer of marine energy devices. The Leith-based company, known for its “sea snake” technology, announced in September that it had hired Ernst & Young to conduct a review of the business and to explore growth options. […]

  • New York Gives All Clear to Sunrise Wind Transmission Line

    18 November 2022
    Authorities, Grid Connection, Wind Farm Update

    The New York State Public Service Commission has approved a transmission line that will deliver electricity from the Sunrise Wind farm off the coast of Long Island, to the existing electrical grid in New York State. The 25-mile offshore/onshore transmission line will carry electricity from the wind farm to an existing substation in Brookhaven, Suffolk […]

  • US Starts Working on Offshore Wind Leasing in Oregon, Central Atlantic Coast

    28 April 2022
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has published two Calls for Information and Nominations to solicit information from the public and determine industry interest in potential commercial wind energy development offshore Oregon and in the Central Atlantic. This was announced by BOEM Director Amanda Lefton at the International Offshore Wind Partnering (IPF) Forum […]

  • Galway Bay Prepares for Ocean Energy Technology Testing

    17 April 2015
    R&D, Technology

    A subsea cable laid from the RV Celtic Explorer in Galway Bay this week marks a major milestone in the development of Ireland’s national marine research and development infrastructure. The four kilometre cable, and a frame to which sensors and monitoring equipment will be attached is part of the development of an ocean observatory in […]

  • IEA: Growing Use of Coal Overshadowing Renewable Energy Deployment

    27 May 2014
    R&D

    Electricity will increasingly power the world’s economies in the 21st century, rivaling oil as the dominant energy carrier, according to a new report by the International Energy Agency (IEA). Actively managing this transformation is the only way to ensure that global energy security and climate goals are met economically, the report says. The report, Energy Technology Perspectives (ETP 2014), offers […]