Search results for: Baltic 2

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  • China: Goldwind Announces Q3 Results

    29 October 2012
    Business & Finance

    Xinjiang Goldwind Science & Technology Co., Ltd. (“Goldwind”) has announced its financial results for the nine months ended 30 September 2012 (the “reporting period”). According to unaudited financial statements prepared in accordance with the People’s Republic of China accounting rules and standards, the Group generated revenues of RMB 5,946.28 million, net profits of RMB48.49 million,and […]

  • 2016: When Great Things Happened

    30 December 2016
    Authorities, Business & Finance, Contracts & Tenders, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

    We are leaving what has arguably been the best year for offshore wind so far with a hope that the one ahead of us will be at least as eventful and successful as 2016 was, if not better. The Eurocents This year, we saw several tenders resulting in remarkably low prices. First, there was Borssele […]

  • Germany: SAL Puts “Svenja”, the World’s Largest Heavy Lift Vessel, into Service

    10 December 2010
    Technology

    With a lifting capacity of a total of 2,000 tonnes and speed of 20 knots, it’s the world’s largest heavy lift vessel to date: SAL Schiffahrtskontor Altes Land puts the first of two new buildings of Type 183 into service. The company, which ranks among the leading international heavy lift shipping companies and is based […]

  • Offshore Wind Takes Lead Role in Sif’s 2018 Results

    21 March 2019
    Business & Finance

    Sif has reported that offshore wind accounted for approximately 83% of revenues and 69% of total contributions in the company’s 2018 financial year figures. Sif saw a 28% loss of revenue in 2018, amounting to EUR 235.1 million, and a 45% loss in contribution, amounting to EUR 74.3 million. The gap in the production schedule and […]

  • North Star Renewables Secures EUR 112 Million Loan for Dogger Bank SOVs

    24 August 2021
    Contracts & Tenders, Vessels, Wind Farm Update

    North Star Renewables has secured a loan of GBP 96 million (approximately EUR 112 million) from Allianz Global Investors (AllianzGI) to build the three Service Operations Vessels (SOVs) that will serve the Dogger Bank offshore wind farm.  The vessel owner said the loan added to its own balance sheet and equity commitments from its 100 per cent shareholder, […]

  • USA: OPT to Deploy Reedsport PowerBuoy in Spring 2013

    28 September 2012

    Ocean Power Technologies, Inc (OPT), a leading wave energy technology company, has announced that its utility-scale PowerBuoy® off the coast of Reedsport, Oregon, is expected to be deployed in spring 2013. Final testing of the PowerBuoy has continued to be on track for completion ahead of final assembly and readiness for deployment in October 2012, […]

  • HEALTH & SAFETY: Helping to make maintenance safer and more efficient

    11 March 2016

    The long term employment prospects within the offshore wind industry lie with the Operation and Maintenance work that will keep the turbines producing electricity for the next 20+ years.  Hundreds of men and women will be climbing up the towers from boats, or down from helicopter dropping areas, into the nacelles for a long time […]

  • UK: SeaEnergy Announces H1 Results

    1 October 2012
    Business & Finance

    SeaEnergy, an innovative energy services group, has announced half year results for the six months ended 30 June, 2012. In the Annual Report for 2011, SeaEnergy’s Chief Executive and Chairman have described in some detail the changes made to the  strategic direction and governance of the Company. In this Interim Report, for the period to 30th […]

  • ETI Plans to Accommodate Floating Wind Turbines at Wave Hub (UK)

    21 February 2012
    Operations & Maintenance, R&D

    The Energy Technologies Institute (ETI) is investigating whether it could use Wave Hub, the world’s largest wave energy test site, to accommodate floating offshore wind turbines as part of a demonstration project valued at over £25 million. Plans for the offshore wind floating system demonstration project, which would open up new areas off the coast […]

  • EU Commission Offers EUR Multi-Million Contracts for Consultancy Services

    22 August 2014
    Authorities, Business & Finance

    European Commission, Directorate-General for Maritime Affairs and Fisheries (Directorate C – Atlantic, Outermost Regions and Arctic), is seeking contractors for maritime consultancy and business services. The Commission will award four contracts, which amount from EUR 750,000 to EUR 4,350,000.  Contracts and their scopes are as follows: 1. Supporting services to the Ocean Energy Forum MARE/2014/12. An Ocean Energy […]

  • IHC IQIP Equipping SHL for Beatrice Foundation Installation

    28 February 2017

    IHC IQIP will provide jacket pile grippers, the Hydrohammer S-2500 with two specially designed hammer sleeves, and an internal lifting tool to Seaway Heavy Lifting (SHL), the EPCI contractor in charge of foundations for the Beatrice project.

  • ABB Reports Strong Order Growth in Q3

    22 October 2014
    Business & Finance, Grid Connection

    ABB’s focus on profitable organic growth and the related strategic initiatives resulted in a strong order increase across all regions in the third quarter. Total orders rose to $11.2 billion, boosted by large orders (above $15 million) including a power transmission link in Europe, a mining automation project in the Americas and a gas treatment […]

  • SgurrEnergy Backs Nordsee One to Financial Close

    19 March 2015
    Business & Finance

    Following the announcement of Nordsee One project reaching financial close, SgurrEnergy presented its role in the Nordsee One offshore wind farm to financial close, providing technical advisory services to a consortium of international commercial lenders involved in the non-recourse financing. The 332MW project, located around 40km North of the island of Juist in the German North Sea, is […]

  • New Jersey Offshore Wind Lease Sale Scheduled for November

    24 September 2015
    Authorities

    U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper yesterday announced that an area of 343,833 acres (cca. 1,391km²) seven nautical miles off the New Jersey coast will be offered for commercial wind energy development in a competitive lease sale on November 9, 2015. The New Jersey Wind Energy […]

  • California Holds Great Offshore Wind Potential (USA)

    11 August 2011

      The amount of wind blowing off the California coast has high potential. Lawrence Livermore National Laboratory atmospheric scientists are working with a Norwegian company to leverage that wind as a valuable energy source. LLNL has signed a memorandum of understanding with Sway, a renewable energy company that has developed floating towers for placing wind […]

  • ABB Wins $180 Million Order for Norway-Denmark Power Transmission Link

    10 February 2011
    Grid Connection

    ABB, the leading power and automation technology group, has won an order worth about $180 million from utilities Statnett of Norway and Energinet.dk of Denmark to supply an HVDC Light® (high-voltage direct current) converter solution to support the interconnection of the Norwegian and Danish power grids.The 500 kV (kilovolt) link is a new record in […]

  • Port of Grimsby: An O&M port with a long term future

    12 February 2014
    Ports & Logistics

    After the hectic construction and installation phase of the offshore wind industry there is a long term legacy that will remain for the life time of the current wind farm, and who knows possibly the second generation wind farm. Operations and maintenance (O&M) will be there providing work for thousands of engineers and technicians around […]

  • Spain: International Growth Helps Iberdrola Maintain Stable Profits During Crisis

    25 June 2012
    Business & Finance

    IBERDROLA is one of the Spanish industrial groups that has best managed the effects of the current economic crisis. This reflects a strategy initiated just over a decade ago focused on international growth, with 54% of Ebitda originating outside Spain in the first quarter of this year, and also on core businesses of generation, networks […]

  • Isle of Man Government to Explore Offshore Wind Opportunities

    2 October 2013
    Authorities, R&D

    The Isle of Man Government announced yesterday that they are seeking a consultant to assist with forthcoming expressions of interest and tenders for offshore wind farms in the Isle of Man’s territorial seas.  In May 2013, Tynwald agreed that the Isle of Man Government would explore opportunities to develop potential offshore energy production in Isle […]

  • Italy: Prysmian Publishes 2011 Anual Report

    8 March 2012
    Business & Finance

    The Board of Directors of Prysmian S.p.A. has approved today the Company’s consolidated financial statements and separate financial statements for 2011 .  ” Technological innovation and production flexibility have enabled the Group to achieve more than satisfactory results even in a market where signs of recovery are still weak – comments CEO Valerio Battista. Financial […]

  • German Offshore Wind to Hydrogen Project Takes Off

    3 August 2020
    Authorities, Business & Finance, Environment, R&D, Technology

    Ørsted and its partners have secured funding for the Westküste 100 renewable hydrogen project in Germany. The partners received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the Reallabor (real-world laboratory) framework. The Westküste 100 project aims to research and develop an […]

  • Germany: ArcelorMittal to Present Steel for Wind Energy at Hannover Messe

    11 April 2013
    Technology

    ArcelorMittal is presenting its steel for wind energy at Hannover Messe, the world’s most important technology show, from 8-12 April. ArcelorMittal is actively involved in offering the energy industry a complete range of products and solutions for each step of the energy lifecycle, from production to transformation and transport. At Hannover Messe the group is […]

  • Denmark Working on World’s First Power-to-X Tender

    12 September 2022
    Authorities

    The Danish Energy Agency (DEA) is working towards the first Power-to-X (PtX) tender in Denmark and will soon hold a stakeholder meeting to discuss tender timeline and framework. Furthermore, after forming a PtX task force, the DEA has now also established a secretariat for Power-to-X. The tender will be held to procure green hydrogen and […]

  • Wind Curtailment in China Tempers Growth, Masks Imminent Rebound

    8 November 2012

    All eyes are on China, as the world’s leading wind power market faces wind curtailment, offshore project delays and a tough financing environment. While these challenges are expected to cause a 9% reduction in new installed capacity in 2012 (16GW), MAKE expects these factors to reverse and drive installed MW growth of 19% in 2013 […]

  • ERM’s Floating Wind-to-Hydrogen Project Enters Commercial Demonstration Phase

    26 May 2022
    Contracts & Tenders, R&D, Technology

    Environmental Resources Management’s (ERM) floating wind-to-hydrogen project, ERM Dolphyn, has entered the commercial demonstration phase, which will be supported by Offshore Design Engineering (ODE) after the company just won a contract to provide topside Front-End Engineering Design (FEED) services. Across this phase of development, ODE will be responsible for FEED engineering for the topside equipment, […]

  • New Investment in Global Clean Energy Sector Rises by 14 Pct

    16 April 2014
    Business & Finance, R&D

    Clean Energy Pipeline has released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 1Q14 in the clean energy sector. New investment in the global clean energy sector totalled $61.0 billion in 1Q14, representing a 14% increase on the $53.4 billion invested in the corresponding period […]