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  • Fund Managers Support Edinburgh’s Bid to Host Green Investment Bank (UK)

    31 January 2012

    Edinburgh’s bid to host the Green Investment Bank (GIB) has received a significant boost following the endorsement of a group of leading international fund managers. Chief Executives from Standard Life, Baillie Gifford, Kames Capital, Artemis Investment, Martin Currie and Aberdeen Asset Management have written a joint letter to Vince Cable and officials at the Department […]

  • UK: Aquamarine Power Unveils Oyster 800, Company’s Next-Generation Hydro-Electric Wave Energy Converter

    13 July 2011
    Operations & Maintenance, R&D, Technology

      The UK’s leadership in the development of wave-generated power continued apace as wave energy developer Aquamarine Power invited Scotland’s First Minister Alex Salmond MSP to unveil the Oyster 800, the company’s next-generation hydro-electric wave energy converter. 800kW device At a ceremony at Burntisland Fabrications’ yard at Methil, Fife, the First Minister welcomed the advancements […]

  • Offshore Wind Investments to Reach USD 810 Billion by 2030 – Rystad Energy

    30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • UK: SDI Creates Over 7,000 Jobs

    21 May 2012
    Authorities, Business & Finance, Jobs & Recruitment

    Scottish Development International’s (SDI) international trade and investment activity created or safeguarded more than 7,000 Scottish jobs and helped more than 1,000 high potential Scottish companies target new global markets last year. In 2011/2012, SDI also worked with 190 companies on significant new international projects with a projected growth of £733million in sales over the […]

  • Port of Rostock: Serving the Baltic Sea

    17 August 2012
    Ports & Logistics

    The Port of Rostock is Germany’s largest and the deepest port in the Southern part of the Baltic Sea. It was near the Port of Rostock where the first German commercial offshore wind farm, EnBW Baltic 1, was erected in 2010 and it also served as one of the base ports for Kriegers Flak. Although […]

  • Scottish Government Gives Full Consent to Aquamarine Power’s 40 MW Wave Farm

    22 May 2013

    Aquamarine Power has received full consent from the Scottish Government for a 40MW wave farm off the north-west coast of Lewis, Scotland – making it the world’s largest fully-permitted ocean energy site. The announcement was made by the Scottish Government’s Minister for Energy, Enterprise and Tourism Fergus Ewing at the All Energy conference in Aberdeen. […]

  • Reliable Rotors for Wind Industry (Germany)

    12 August 2011

    Wind turbine blade manufacturing is a developing business as the wind energy industry looks to have fewer, larger turbines offshore, which presents performance challenges for composite materials. The situation is complicated by the cost pressures in the renewable energy markets, wanting turbines at a cheaper price, so some of the types of technology used in […]

  • USA: Obama Administration and Great Lakes States to Spur Offshore Wind Development

    2 April 2012
    Authorities

    As part of President Obama’s all of the above approach to energy, the Obama Administration joined with the governors of Illinois, Michigan, Minnesota, New York and Pennsylvania to announce the signing of a Memorandum of Understanding (MOU) that will streamline the efficient and responsible development of offshore wind resources in the Great Lakes. This effort […]

  • 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 […]

  • Sif’s 2016 Figures Go Up

    29 March 2017
    Business & Finance

    Sif Group reported a revenue of EUR 400.3 million for 2016, a 24.6% increase from EUR 321.3 million in 2015, with the company’s net earnings rising by 5% from EUR 35.6 million in 2015 to EUR 37.4 million last year. The company’s net debt also increased, but mainly due to building new facilities that will lead to Sif having a production capacity of 300 Ktons per year.

  • Shanghai to Host No.1 Offshore Wind Conference in Asia (China)

    24 January 2012

    OFFSHORE WIND CHINA Conference & Exhibition 2012 is to be held again in Shanghai during May 30-June 1 in Shanghai New International Expo Center and Shangri-La’s Kerry Hotel Pudong. After three years’ of successful editions, it has become the No. 1 in Asia and No. 2 in the world for wind power trade events focusing […]

  • G20: IRENA Lists Cues for Action to Boost Energy Transition with Offshore Renewables

    30 July 2021
    Authorities, Industry

    Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen. The report titled Offshore Renewables: An Action Agenda for Deployment […]

  • Prysmian Announces Results for First Half of 2011 (Italy)

    29 August 2011

    The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio Battista. “The half-year […]

  • NRG Puts Offshore Wind Development on Hold (USA)

    13 December 2011

    Acknowledging the monumental challenges in developing a new domestic industry, NRG Energy announced that it is putting active development of offshore wind projects on hold for the near term. NRG’s subsidiary and lead developer of the Mid-Atlantic Wind Park (the Wind Park) off the coast of Delaware, Bluewater Wind, has been unable to find an […]

  • Siemens Gamesa Launches Recyclable Offshore Blade

    7 September 2021
    Environment, Operations & Maintenance, R&D, Technology, Wind Farm Update

    Siemens Gamesa has launched what the company describes as the world’s first wind turbine blade ready for commercial use offshore that can be recycled at the end of its lifecycle – the RecyclableBlade. The first six 81-metre long RecyclableBlades have already been produced at the Siemens Gamesa blade factory in Aalborg, Denmark. ”The time to […]

  • Maine Issues Offshore Wind Roadmap

    24 February 2023
    Authorities, Business & Finance, Industry

    The Governor of Maine’s Energy Office has released the Maine Offshore Wind Roadmap, a stakeholder-driven comprehensive plan that is said to offer detailed strategies for Maine to realize economic, energy, and climate benefits from offshore wind, in conjunction with communities, fisheries, and wildlife of the Gulf of Maine. The Roadmap was developed over 18 months […]

  • EOLOS to Deliver Floating LiDARs for New York Bight Campaign

    1 February 2019
    Business & Finance, Contracts & Tenders

    EOLOS Floating LiDAR Solutions will provide two of its floating LiDARs for the New York Bight metocean campaign, for which NYSERDA just awarded contracts to Ocean Tech Services (OTS) and DNV GL. The Spanish company will supply the technology as part of its collaboration with the U.S.-based OTS. EOLOS said it is now working on the two […]

  • BREAKING: JERA Buys Parkwind, Belgium’s Leading Offshore Wind Developer

    22 March 2023
    Business & Finance, Industry

    Belgium’s Virya Energy has signed an agreement with JERA Green, an affiliate of Japan’s JERA, to sell 100 per cent of the shares of Parkwind, Virya Energy’s offshore wind energy platform. Closing of the transaction is expected later this year and is subject to the approval by the relevant competition and other regulatory authorities. Virya […]

  • “Spin, Baby, Spin” (USA)

    24 December 2010

    With Rhode Island Sound now looming as the next frontier for wind development near the Vineyard, the Ocean State’s Gov. Donald Carcieri summed up his state’s energy policy this month with a single phrase: “Spin, baby, spin!” The governor spoke at Roger Williams University on Dec. 10 at a meeting of the Rhode Island/Massachusetts joint […]

  • Eni Buys More of World’s Largest Offshore Wind Farm

    2 November 2021
    Business & Finance, Wind Farm Update

    Italian oil and gas major Eni has agreed to acquire a 20 per cent stake in the 1.2 GW Dogger Bank C wind farm offshore the UK. Eni will buy a 10 per cent stake in the project from Equinor, and the remaining 10 per cent stake from SSE Renewables. The transactions have a combined […]

  • UK: Centrica Releases Interim Management Statement

    16 November 2012
    Business & Finance

    Centrica expects to deliver year on year earnings growth in 2012 in line with market expectations, subject to the usual variables of weather and commodity prices, in a continuing weak economic environment. Average UK residential gas consumption for the first ten months of 2012 was 9% higher than for the same period of 2011, while […]

  • Industry Transparency Road to HSE Improvements (Interview)

    12 November 2018

    The effects and causes of fatigue that offshore wind crews experience are not fully understood within the sector, however, sharing health and safety (HSE) lessons can ultimately make the industry stronger, Kerrie Forster, Chairman of the UK National Workboat Association (NWA) Safety Forum and Operations Coordinator at Acta Marine, said in an interview with Offshore WIND.

  • Wind Blade Composites Market Grows as Offshore Wind Energy Advances (Germany)

    16 January 2012

      Many nations have set challenging targets for renewable energy production and it was in this setting that AMI held the latest global conference on Wind Turbine Blade Manufacture in December 2011 in Dusseldorf, Germany. The UK Minister for the Environment had announced potential plans for another 29,000 wind turbines mainly offshore, and Siemens Energy […]

  • Windcat Orders Hydrogen CSOVs at Damen

    29 November 2022
    Operations & Maintenance, Technology, Vessels

    Windcat Offshore has announced an order for the construction of a series of hydrogen-powered Commissioning Service Operation Vessels (CSOVs) with Damen Shipyards at this year’s Offshore Energy Exhibition & Conference in Amsterdam, the Netherlands. The “Elevation Series” CSOVs have been designed by Damen Shipyards in cooperation with Windcat and CMB.TECH. The result is said to […]

  • New Wind Towers Factory in Pueblo – the World’s Largest – Officially Opens for Business (USA)

    13 October 2010
    R&D

    Vestas Towers America, Inc., today announced the grand opening of the world’s largest wind tower manufacturing plant. The new Pueblo, Colorado facility features nearly 13 million square feet of space and eight miles of on-site railway tracks for the transport of materials and finished tower components. The opening of Vestas Towers gives Vestas, a global […]

  • HOCHTIEF After Year of Transition: Way Clear for Growth (Germany)

    29 February 2012

    HOCHTIEF, one of the leading international providers of construction-related services, releases 2011 Annual Report marked by negative nonrecurring items, but also by operational strength. Inherited issues put pressure on earnings thus a consolidated net loss of EUR 160 million is reported. However, order backlog and work done exceed levels of record year 2010. Estimations for […]