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Iberdrola is committed to promoting offshore wind power as one of the basic pillars in its future growth. It is determined to spearhead the development of this technology, which it considers to be the second revolution in renewable energies, just as it did in the case of onshore wind power, where it is the world […]
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Gamesa, a global wind power technology leader, continues to make progress on the implementation of its offshore wind market strategy. The latest milestone is the decision to start the permitting process for the installation of its first offshore prototype, the G128-5.0 MW (50 Hz), at Arinaga Quay in Gran Canary Island (Canary Islands, Spain). Gamesa […]
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SSE has disclosed its intention to narrow significantly the focus of its near term development plans for its offshore wind projects. Following the conclusion of a strategic review of its offshore wind development portfolio, the company decided to focus its efforts and resources on progressing the Beatrice project. Beatrice In view of the fact it […]
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Source: Bureau Veritas/ORE Catapult; Fifth Ring Bureau Veritas and the Offshore Renewable Energy (ORE) Catapult have entered into a collaboration agreement to jointly develop a Veristar AIM 3D “Digital Twin” of ORE Catapult’s 7MW Levenmouth Offshore Wind Demonstration Turbine in Fife, Scotland. “Digital Twins” can improve the operations and maintenance of offshore wind farms by […]
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Subsea engineering specialist, Ecosse Subsea Systems Ltd (ESS) has posted a 72% increase in revenue and a £1 million profit in its latest published accounts. The Aberdeenshire-based business has extended its oil and gas expertise into the emerging renewables market and forecasts turnover in the current year will increase to £13 million, and are targeting […]
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Three high-profile business leaders have been appointed as directors to the Board of Aberdeen Renewable Energy Group (AREG), collectively bringing a considerable breadth of experience to help further position the region at the forefront of the sustainable energy industry. The appointments, which were elected by associate members, have been announced following AREG’s Annual General Meeting […]
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Ecosse Subsea Systems (ESS) has been awarded its largest boulder clearing and multi-pass trenching contract to date by Siem Offshore Contractors. ESS will deploy its SCAR plough system for clearing and pre-lay trenching operations on a 90km route on the EnBW owned Baltic 2 offshore wind farm project. Baltic 2 is an 80 turbine development […]
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SSE plc remains on course to deliver an increase in the dividend per share, an increase in adjusted profit before tax for the financial year to 31 March 2012 and to deliver on its key operational goals. This Interim Management Statement includes updates on operations, major projects, issues such as household customers’ energy consumption, other […]
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DONG Energy’s earnings were 14% higher in the first nine months of 2015, compared with the same period last year, the company reported today in its interim financial report for 9M 2015. DONG said earnings (EBITDA) were up by 14% in the first nine months from DKK 13.0 billion (approx. EUR 1.7 billion) in 2014 to DKK 14.8 billion (approx. […]
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Ecosse Subsea Systems (ESS) has reported a successful start to a 10-week boulder clearing and trenching campaign on the Baltic 2 offshore wind farm project. Mobilised onboard the Siem Topaz anchor handling vessel, Ecosse Subsea’s SCAR subsea plough system is engaged on route clearing and pre-lay trenching operations on behalf of Siem Offshore Contractors. Soils […]
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All-Energy 2014 will get off to a flying start on Wednesday 21 May with a plenary session featuring both the Secretary of State for Scotland, Rt Hon Alistair Carmichael MP, and Fergus Ewing MSP, Minister for Energy, Enterprise and Tourism, with other speakers including Rob Cormie, Group Operations Director, UK Green Investment Bank and Angela […]
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Operations & Maintenance, R&D, Technology
A project in the UK has proven the concept for robotic teams repairing offshore wind farms, paving the way for human-robot teams at wind farms within ten years, and wind farms designed for robotic maintenance by 2050, the Offshore Renewable Energy (ORE) Catapult said. The GBP 4 million MIMRee project, which was funded by Innovate […]
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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 […]
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Ignacio Galan, Chairman of Iberdrola and ScottishPower, has called on the UK government to provide more clarity on details of the energy reform currently going through Parliament if investments in new plants are to be made in time to avoid energy shortages in the next few years. “Although the Energy Bill (Electricity Market Reform) currently […]
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International renewable energy consultancy Natural Power has established a local presence in Orkney to support clients in the development of wave and tidal energy projects and to actively contribute to the growth of this exciting, emerging industry. Natural Power has been providing services to the international wave and tidal energy sector since 2005, working for […]
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Atlantis Resources Corporation will continue its AR1000 tidal turbine testing programme at the National Renewable Energy Centre (Narec) in Blyth, Northumberland. The company’s AR1000 nacelle was retrieved from its test berth at the European Marine Energy Centre (EMEC) in Orkney in late November, following successful open ocean testing. It will be transported to Blyth for […]
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From the Tide Mill at Woodbridge to the Rance in Britanny, the tidal power has been harnessed for centuries. Mark Aspinall, director of 4NRg, based at OrbisEnergy in Lowestoft and managing director of Scour Prevention Systems Ltd, explains why this ancient concept is still relevant today. Nothing seems to divide opinion like renewable energy Whilst […]
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IBERDROLA projects average Ebitda and net earnings for the 2012-2014 period in line with the €7.65 billion and €2.8 billion recorded in 2011, enabling it to continue remunerating shareholders at a gross annual average of about €0.3 per share. The Group will achieve this through a strategy focused on moderating investments, which will be directed […]
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Business & Finance, Wind Farm Update
Principle Power, Energias de Portugal, Repsol, A. Silva Matos (ASM), Vestas Wind Systems A/S and InovCapital announced the inauguration of Portugal’s first offshore wind turbine on June 16th, 2012. The turbine is installed on an innovative floating foundation called the WindFloat. In addition to being the first offshore wind turbine in Portugal, this is the first offshore wind turbine to be […]
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Authorities, Business & Finance
The Crown Estate, an independent commercial business, created by Act of Parliament, has today announced another record return for the benefit of the public finances and an overall performance which is significantly ahead of the market, as its portfolio value hits an all-time high. Results summary Record return to Treasury for the benefit of the public finances:£267.1 […]
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Business & Finance, Technology
The cost of energy generated by tidal power generation is, at this stage of device development, still more expensive than that offered by offshore and onshore wind, and solar arrays in sunnier climes; however, fossil fuels will not last forever and investment is still going into accessing tidal power, one of the most reliable and […]
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Shetland based operator Delta Marine has reported that its vessel Whalsa Lass (Damen 2611 Multicat) demonstrated its versatility during recently completed works on a large wind farm off the coast of Grimsby, UK, for one of the ‘Big 6’ energy contractors. Even though Delta Marine has not named the wind farm or its client, it said the wind farm […]
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Offshore WIND brings the following article with permission from the LatinAmericanScience.org. The article on offshore wind potential in Latin America has been written by Luis Armando Pagan Quinones, who is specializing in the production of drinking water by desalination systems using offshore wind power. Written by Luis Armando Pagan Quinones Despite having over 50,000 kilometers of coastline, Latin America […]
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Offshore wind deals are happening and project developers that need money are getting it, but sometimes this is overshadowed by a cloud of negativity from banks and the utilities, which complain all too often that the project finance markets are broke or the regulatory frameworks insufficient. Jérôme Guillet, Managing Director of Green Giraffe Energy Bankers, says: […]
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Corrosion to many people is the mysterious manifestation that those in the maritime industry all have to deal with at some point or other. It is often misunderstood and because it appears at first sight – in theory at least – a somewhat simple to explain electro-chemical action its understanding and methods of dealing with […]
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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 […]
