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  • Keppel and Sembcorp Enter Talks to Combine Offshore Businesses

    25 June 2021
    Business & Finance, Ports & Logistics

    Following reports that Singapore’s Keppel Corporation and Sembcorp Marine are in talks to merge their offshore and marine businesses, the two players have now inked non-binding agreements related to the proposed combination in response to dramatic changes in the sectors. In a statement on Thursday, Keppel said it has signed a non-binding Memorandum of Understanding […]

  • Spain: Gamesa Presents Its Business Plan 2013-2015

    29 October 2012
    Business & Finance

    Gamesa has presented its Business Plan 2013-2015, with the goal of addressing the immediate situation while laying the foundation to emerge stronger, in a position of leadership in the wind industry, through the following strategies and actions:  recovering and maintaining profitability, reducing fixed and variable costs (structure size and an industrial and procurement strategy), while […]

  • Ming Yang Signs SCA with Yudean on Wind Power Project Offshore Guangdong (China)

    16 December 2011

    China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”), a leading wind turbine manufacturer in China, today announced that it has signed a strategic cooperation agreement with Guangdong Yudean Group Co., Ltd. (“Yudean”) to foster off-shore wind power development in Guangdong province and to localize the production of multi-megawatt wind turbine generators […]

  • ENVIRONMENTAL IMPACT: To protect and progress

    17 June 2016

    What is the possible impact of a wind farm project on wildlife? Offshore wind, as a renewable source of energy, has the potential to strongly reduce carbon emissions, which in turn will positively affect a great many species. Placement of offshore wind farms, building the foundations and even the sound of turning blades do nonetheless also have an […]

  • ACCIONA and Navantia Sign Co-operation Agreement for Development of Offshore Wind Energy in Spain

    14 July 2011
    Business & Finance, Operations & Maintenance, R&D

        The president of ACCIONA Energy, Carmen Becerril, and the CEO of Navantia, Luis Cacho,signed a co-operation agreement in the field of offshore wind power. Both companies are committed to developing projects and industrial and technological activities with different institutions aiming to contribute to the launching of an offshore wind industry with great growth […]

  • Canada: Ontario’s Government Changes, Offshore Wind Cancellation Still in Effect

    21 May 2013
    Authorities, Business & Finance

    It has been two years since the Government of Ontario announced that it is imposing a cancellation/moratorium on offshore wind, saying that it needed time to perform more scientific studies on the effects of offshore wind turbines on health and environment. This decision affected Trillium Power the most, as the company had plans for four […]

  • The Netherlands: Rotormotor Stabilises Offshore Operations

    17 October 2013
    Technology

    A new era in offshore working has begun, with the launch last December of Barge-Master: a unique invention of motion-compensation platforms to be used on board of flat top barges and supply vessels. The platforms prove a stable base for cargo during vessel to platform transfers. They can also be used as a steady foundation […]

  • Smart Solutions in a Digitized Future

    18 February 2019

    By Remco van der List, Design Manager GustoMSC Digitalization is an establishing technological driver of change in the offshore industry. The potential is huge in terms of increasing safety and operational efficiency, whilst at the same time reducing operational costs. This article addresses some of the recent pioneering technologies that benefit from this transformation. Analysis software GustoMSC […]

  • France: DCNS Turns to Harnessing Ocean Energy

    31 July 2013

    World leader for naval defence, DCNS has turned its knowledge of the sea and its unique experience of new technologies into an advantage to position itself on the renewable energy market. An ambitious plan that is already well on its way to being implemented. The theoretical potential of marine energy is unparalleled. Each year, the […]

  • New York’s Atlantic Ocean Study to Support Offshore Wind Energy (USA)

    11 July 2013
    Ports & Logistics, R&D

    The New York State Department of State (NYSDOS) yesterday released a comprehensive study on the physical, biological, wildlife and geographic characteristics of the Atlantic Ocean impacting New Yorkers. The results of the New York Offshore Atlantic Ocean Study will lay the groundwork for selecting offshore areas where wind development could be most suitable and appropriate […]

  • Qatar: Energy Industry Calls for Governments to Create Interconnected Policies

    3 December 2012
    Authorities

    Senior energy industry executives have urged governments to establish coherent and joined-up policies to help achieve sustainable energy systems, says a report published today by the World Energy Council (WEC).  According to the WEC’s 2012 World Energy Trilemma report, “Time to get real – the case for sustainable energy policy”, policymakers must develop a clear […]

  • Iberdrola: Fighting the challenges in developing offshore wind

    10 February 2014

    Despite announcing a substantial divestment programme, which included selling off several onshore wind farms, Spanish energy giant Iberdrola is still believed to be the world’s largest wind energy developer, with an operating portfolio of more than 13,830MW. In 2012, Iberdrola chairman Ignacio Galán, announced that its onshore wind assets in ‘non-core’ countries and other businesses […]

  • UK: Vestas, GE Lead among Wind Turbine Manufacturers in 2012

    22 April 2013
    Business & Finance

    Press release: General Electric of the US and Vestas of Denmark were tied for pole position among turbine manufacturers in the world wind market in 2012 – a record year that saw 48.4GW of new capacity installed. Research by Bloomberg New Energy Finance, published for clients today, finds that a surge of development activity in […]

  • Deepwater Wind Resumes Work on Proposed Wind Farm off Block Island (USA)

    29 July 2011
    Authorities, Business & Finance, R&D

    When the Rhode Island Supreme Court issued a ruling earlier this month upholding a long-term contract for the sale of power from Deepwater Wind’s proposed wind farm off Block Island, it was a green light for the company to resume work on the project. As the case dragged on for nearly a year, with the […]

  • USA: Virginia Jobs and Energy Act Introduced, Hastens Offshore Wind Development

    1 May 2013
    Authorities, Jobs & Recruitment

    Representative Scott Rigell (VA-2) introduced the Virginia Jobs and Energy Act (H.R. 1782) on Friday to open the Outer Continental Shelf (OCS) off the coast of Virginia for energy development. Original co-sponsors of the bill include Virginia Representatives Rob Wittman (VA-1), Robert Hurt (VA-5), and Morgan Griffith (VA-9). Governor Bob McDonnell and Virginia’s U.S. Senators, […]

  • UK Competition Winners Get Funds to Kick-Start North Sea Oil & Gas Electrification

    7 December 2021
    Environment, Technology

    UK’s petroleum regulator, the Oil and Gas Authority (OGA), has selected three winners for its £1 million offshore electrification competition, aiming to advance oil and gas electrification plans as part of the UK’s decarbonisation efforts. Three winners are sharing a £1 million, or about $1.3 million, prize for ideas that could help cut greenhouse gas […]

  • 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 […]

  • ETI Supports UK’s Offshore Wind Industry by Investing in World Leading Offshore Test Facility at Narec

    7 July 2011
    Business & Finance, Operations & Maintenance, R&D, Technology

      The Energy Technologies Institute (ETI) has announced that it will invest £25m into a state-of-the art, open access, wind turbine drive train test rig seen as crucial for the continued success and further expansion of the UK’s offshore wind industry. The indoor rig will be sited at Narec in Blyth, Northumberland and will be […]

  • North America: Steel in the water

    11 July 2016

    Last September in Baltimore at the AWEA Offshore WINDPOWER conference the buzz words heard over and over again were “we have steel in the water.” This is, of course, a reference to the jacket foundations for the five French built GE Haliade 6MW wind turbines which will be installed on the first North American Offshore Wind Farm site almost 5km […]

  • OPT: Autonomous Powerbuoy Market Represents Important Opportunity for Profitable Growth (USA)

    14 March 2013
    Business & Finance, Technology

    Ocean Power Technologies, Inc. (OPT) today announced financial results for its fiscal 2013 third quarter and the nine months ended January 31, 2013. OPT reported a decreased net loss of $10.6 million for the nine months ended January 31, 2013, versus $11.1 million from the comparable period in fiscal 2012. The company’s contract backlog as […]

  • E-Tech Group Eyes International Award (UK)

    11 October 2011

      E-Tech Group, headquartered in Great Yarmouth with 20 engineering and supply bases throughout the UK, Europe, Africa and the Middle East, were this weekend recognised for their international endeavours by being chosen as a finalist in the 2011 EDP Business Awards. E-Tech Group was founded in 1993 by four local entrepreneurs Gary Williams, Paul […]

  • OPT Announces 2Q 2012 Financial Results (USA)

    9 December 2011
    Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) today announces financial results for its fiscal 2012 second quarter ended October 31, 2011. “We ended the second quarter of fiscal 2012 with further progress on PowerBuoy deployments, and a number of business development initiatives to commercialize our technology are currently underway,” said Charles F. Dunleavy, Chief […]

  • US Expanding Offshore Wind to Gulf of Mexico and Southern Atlantic

    21 July 2022
    Authorities, Environment, Industry

    US President Joe Biden has announced that the Department of the Interior is advancing the development of offshore wind areas in the Gulf of Mexico and the Southern Atlantic. These areas cover 700,000 acres and have the potential to power over three million homes, President Biden said in his remarks on actions to tackle the […]

  • Port of Cuxhaven Forging Ahead with Offshore Wind

    19 December 2014
    Business & Finance, Ports & Logistics

    In a letter marking the end of a successful year, Hans-Peter Zint, CEO of the Port of Cuxhaven, has highlighted the significant role that the offshore wind industry had at the port.  As should be the case for a multipurpose port, different kinds of cargo played a key role in this success. In terms of ferry service, for […]

  • USA: DOI’s Action Propels Offshore Wind Transmission Project Forward

    15 May 2012

    Continuing its significant momentum supporting offshore wind energy and transmission, the Department of Interior declared there to be no competitive interest for the use of certain areas of the U.S. Outer Continental Shelf (OCS) to construct an offshore transmission system being proposed by the Atlantic Wind Connection (AWC). After a year of intensive internal and […]

  • USA: O’Malley Testifies Before House Economic Matters Committee

    24 February 2012
    Authorities

    O’Malley has testified yesterday before the House Economic Matters committee on the legislation to support the offshore wind energy development in Maryland . The governer said: Chairman Davis, Members of the Committee,… thanks for the opportunity to join you here today.  Progress is a choice; job creation is a choice; strengthening and growing our middle class […]