Search results for: baltic 2

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  • EWEA: EU Commission Neglects Renewables as Key Option for Energy Independence

    28 May 2014
    Authorities

    The European Energy Security Strategy, published today, shows that policymakers have opted to swap dependency on Russia for unstable regions in the Middle East and North Africa, while largely neglecting increased production of renewables as a key option for energy independence, European Wind Energy Association (EWEA) stated. The European Commission has ignored its own 2030 […]

  • Ocean DEMO Greenlights Three Floating Wind Projects

    1 April 2020
    R&D, Technology

    Ocean DEMO, a EUR 13 million Interreg-funded project, has recommended two floating wind technology developers for support packages under the second call.

  • Tidal Transit Limited to Show off its Fiberglass Catamaran at Seaworks 2011 (UK)

    14 June 2011

      Tidal Transit Limited will be showing off a model of is 20m fibre glass catamaran, the first of which is due in UK waters in Q4 2011, to the visitors of Seaworks in Southampton next week. The boat has been designed by Adam Wright, of Thornham (Norfolk) to meet the specific needs of the […]

  • AMSC Reports Net Loss of USD 186.3 Million (USA)

    25 September 2011
    Business & Finance, Grid Connection

      American Superconductor Corporation, a global power technologies company, reported financial results for fiscal year 2010 ended March 31, 2011, and the first quarter of fiscal year 2011 ended June 30, 2011. The company’s fiscal 2010 results include previously announced restatements of results for the second and third quarters of fiscal 2010. The company has […]

  • UK: IMCA Releases Diving on Offshore Renewable Energy Projects Regulations and Guidance

    9 October 2012
    Business & Finance

    The International Marine Contractors Association (IMCA) has produced two information notes – ‘Diving on Offshore Renewable Energy Projects: Regulations and Guidance’, and ‘The Inspection and Auditing of Manned and Unmanned Barges’ which are of use, and interest, to those involved with offshore renewable energy projects.  “As an increasing number of our members become involved with […]

  • Mines Professor to Design Foundations for Korean Wind Farm

    27 August 2014
    Technology

    Off the shores of South Korea, South Dakota School of Mines & Technology professor Sangchul Bang is making history. Designing suction pile foundations for a 2,500-megawatt (MW) wind farm, his nearly $200,000 contract with Korea Electric Power Corporation Research Institute (KEPRI) will result in foundations for 500 windmills ranging from 3 MW to 7 MW […]

  • ACCOMMODATION VESSELS: THE PAST, PRESENT AND THE FUTURE

    5 October 2015

    The concept of using vessels as hotels, or floatels, accommodation vessels, or recently, SOVs, or whatever name you give them, has been available in the market for a while. With some of the current and more future projects being built further at sea in harsher sea states this concept is now gaining ‘ground’. Not only […]

  • OPERATIONS & MAINTENANCE: O&M is Still Evolving

    11 May 2015

    Servicing around 2,200 wind turbines and 56 substations under fixed maintenance contracts, as well as repairs and assessments for a further 1,500 plants, Deutsche Windtechnik AG has experienced rapid growth since being established in 2007. Last year, the company experienced a near 40% in turnover, which passed the 70 million Euro mark for the first […]

  • Alstom to Build Swansea Bay Tidal Turbines (UK)

    31 May 2013
    Business & Finance, Technology

    Alstom, a world leading developer and manufacturer of the full range of hydro products and services, including turbines, generators, control systems, hydro-mechanical equipment and balance-of-plant, has signed an MOU (Memorandum of Understanding) with Tidal Lagoon Power Limited to design and build the generating units required to power the world’s first tidal lagoon in Swansea Bay, […]

  • IBISWorld Updates Its Report on UK Renewable Energy Industry

    31 August 2012
    R&D

    The world’s energy crisis has necessitated a radical shift among policy makers and industry participants. Increased awareness surrounding the impacts of climate change has driven an aggressive decarbonising strategy, spearheaded by the Renewable Energy industry. The United Kingdom currently supplies 8.6% of its total electricity from renewable sources, representing a significant increase from 1.5% in […]

  • Scottish Floating Wind Demo Site Has GBP 690 Million Economic Potential

    25 January 2023
    R&D, Technology, Wind Farm Update

    The economic potential of the European Marine Energy Centre’s (EMEC) proposed 100 MW floating offshore wind test and demonstration site off Orkney, Scotland has been estimated at GBP 690 million to UK economy. The Orkney-based EMEC concluded the concept design for a new floating offshore wind test and demonstration site in 2022 and is aiming […]

  • Irish-Spanish Partners Eye Floating Wind Opportunities Offshore Iberian Peninsula

    5 April 2022
    Business & Finance

    Irish floating wind developer Simply Blue Group has signed a Memorandum of Understanding with Spanish companies Proes Consultores and FF New Energy Venture to explore the floating offshore wind opportunities in Spain and Portugal. The floating wind market in Spain got a kick start recently with the publication of the draft Marine Spatial Plan and […]

  • UK: RWE Selects Preferred Locations for Triton Knoll’s Electrical Infrastructure

    26 June 2013
    Grid Connection, Wind Farm Update

    One of the UK’s leading renewable energy developers and operators today announced the preferred locations for the onshore infrastructure for the proposed offshore wind farm Triton Knoll. If built, Triton Knoll could generate enough clean energy to power hundreds of thousands of homes. It is also estimated that Triton Knoll could create 500 UK jobs […]

  • Norway: Sheringham Shoal Boosts Statkraft Operating Profit

    8 May 2013
    Business & Finance

    In the first quarter of 2013, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of NOK 4180 million, on par with the corresponding quarter in 2012. Negative currency effects resulted in a net profit of NOK 443 million, compared with NOK 3430 million in the first quarter last year.  “Increased production capacity and higher […]

  • Alstom to Introduce Its Latest Technology at EWEA 2014

    11 February 2014
    Technology

    Alstom will introduce its latest technologies and wind power solutions, which aim to lower the cost of wind energy, during European Wind Energy Association (EWEA) annual event to be held on 10-13 March 2014 in Barcelona (Hall 6).  Onshore technologies: POWEROF3™ In onshore wind technologies, Alstom will present its upgraded ECO 100 platform, result of more […]

  • Siemens: Germany Can Save More than EUR 150 Billion with Its Energy Transition

    6 June 2013
    Business & Finance, Grid Connection

    The costs of restructuring Germany’s energy system are too high. With the present energy transition concept, it will not be possible to achieve security of supply while also ensuring sustainability and affordability. The current approach also establishes false incentives for investment and innovation. According to Siemens’ calculations, Germany could save more than €150 billion by […]

  • Renewables Industry Forced to Search for Innovative Financing Solutions

    28 August 2013

    The tradeoff between rising energy costs and the low carbon agenda continues to see policy makers retreating from traditional renewable energy support mechanisms; forcing the industry to look for innovative financing solutions. At the same time, energy mix optimization has come to the fore, particularly in emerging markets, with governments increasingly seeing the need to […]

  • The Next Chapter of Offshore Wind Energy: W2H2, Wind to Hydrogen

    25 February 2020

    As the offshore competition is growing in expanding new markets, the balance between productivity and profitability has never been so aligned with being competitive in the market of renewable energy. By: Mr Virginio Paratico – Area Sales Manager – FACCIN S.p.A Great advancements have been made in the offshore wind tower industry ever since it […]

  • China: Ming Yang Announces Q3 Results

    19 November 2012
    Business & Finance

    China Ming Yang Wind Power Group Limited (Ming Yang), a leading wind turbine manufacturer in China, has announced its unaudited financial results for the third quarter ended September 30, 2012. Chuanwei Zhang, Chairman and Chief Executive Officer of Ming Yang commented: “Our financial performance in the third quarter continued to improve over the previous quarter, with […]

  • Company announcement from Vestas Wind Systems A/S (Denmark)

    19 August 2010
    Business & Finance

    All-time high order intake. Results in line with expectations. Full-year guidance revised downwards. The second-quarter wind energy order intake was 3,031 MW, which was the highest level ever recorded and on a level with the order intake for the whole of 2009. Vestas generated second-quarter revenue of EUR 1,007m, a drop of 17 per cent […]

  • Green Hydrogen Could Bring UK GBP 320 Billion by 2050 – Report

    8 September 2020
    Business & Finance, Jobs & Recruitment, R&D, Technology

    Development of an indigenous green hydrogen industry could generate GBP 320 billion for the UK economy and sustain up to 120,000 jobs by 2050, a new report finds. The Offshore Wind and Hydrogen: Solving the Integration Challenge Report was released by the Offshore Wind Industry Council (OWIC) and the Offshore Renewable Energy (ORE) Catapult. The […]

  • Shell and Eneco Jointly Submit Hollandse Kust (noord) Bid

    7 May 2020
    Contracts & Tenders, Wind Farm Update

    Shell and Eneco have jointly submitted a bid in a zero-subsidy round of the tender to develop the Hollandse Kust (noord) offshore wind farm in the Dutch North Sea. The two companies are, through their CrossWind joint venture, competing with several other bidders including Ørsted, to develop a wind farm with a capacity of up […]

  • RWE Starts Construction on Flagship Offshore Wind Farm

    11 June 2021
    Wind Farm Update

    RWE has begun construction of its 1.4 GW Sofia offshore wind farm, the largest project currently in construction across the company’s entire renewables fleet. The official construction will start with onshore activities, which are also known as enabling works. UK firm Jones Bros Civil Engineering UK has been contracted to carry out the work. These […]

  • USA: OPT Receives FERC License for Oregon Wave Power Station

    20 August 2012

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) today announced that its wholly-owned Oregon subsidiary, Reedsport OPT Wave Park, LLC, has received approval from the U.S. Federal Energy Regulatory Commission (“FERC”) for the full build-out of its planned 1.5 megawatt, grid-connected wave power station off Reedsport, Oregon. This is the first FERC license for a […]

  • Offshore Wind Costs in Belgium Lower than European Average

    28 March 2013
    Business & Finance, R&D

    The net support costs for society of offshore wind in Belgium is lower than in neighbouring countries. Gross income for the various projects also lies below the European average. This appears from a comparative report by an independent consultancy firm, 3 E, in which the various support systems of 6 European countries were compared. Pursuant […]

  • UAE: Dubai Municipality and Unique System FZE Sets Up Permanent Tide Station

    5 February 2013

    Unique System FZE, a Unique Maritime Group Company, which is one of the world’s leading integrated turnkey subsea and offshore solution provider, along with The Geodesy and Hydrographic Survey Section of Dubai Municipality established a permanent tidal station at Al Mamzaar. Dubai Municipality’s Geodesy and Hydrographic Survey Section of Dubai Municipality has several components comprising […]