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13 March 2014 Environment, R&D

A report published yesterday by the European Wind Energy Association (EWEA) highlights the fact that traditional power stations use vast amounts of water to generate power – and calls for this to be taken into account by Governments when they set energy and climate change policy. EWEA’s report “Saving Water with Wind Energy” says nuclear, […]

23 January 2014 Grid Connection

ABB said its fourth-quarter 2013 results were adversely impacted mainly by charges for storm-related project delays and some operational issues in the Power Systems (PS) division. Additional restructuring-related charges were taken in response to the division’s soft order intake in 2013. The company also booked non-operational charges related to certain Group legacy issues. “While the […]

24 October 2013

The Energy Department released a new report showing progress for the U.S. offshore wind energy market in 2012, including the completion of two commercial lease auctions for federal Wind Energy Areas and 11 commercial-scale U.S. projects representing over 3,800 megawatts (MW) of capacity reaching an advanced stage of development. Further, the report highlights global trends […]

3 October 2013

New figures from the UK Government have shown that more than 10 million tonnes of CO2 emissions were displaced by renewable electricity generation in Scotland – up by almost a quarter from the previous year. Niall Stuart, Chief Executive of Scottish Renewables, said: “Last week’s climate change report reinforced the need for concerted action to […]

23 August 2013 Authorities, Business & Finance

Chief Secretary to the Treasury, Danny Alexander has today (23 August 2013) announced that next year’s Coastal Communities Fund will be worth £29 million, an increase of 5% from last year. The Coastal Communities Fund was launched in 2012 to invest in seaside towns and villages, helping them achieve their economic potential, reduce unemployment and […]

14 September 2012

RenewableUK, the wind and marine energy association, is celebrating new figures from National Grid which show that a record-breaking amount of electricity was generated by wind this morning. Wind turbines fed an all-time high of 4.131 gigawatts into the National Grid at 09.56am this morning – enough to power more than 3 million British homes. […]

24 July 2011

Climbing temperatures have pushed the demand for electricity yesterday and today to the highest this year just as Cape Wind would be producing large amounts of clean power according to records from Cape Wind’s data tower in Nantucket Sound. Cape Wind’s offshore wind farm planned for Nantucket Sound would have been running at its full […]

18 April 2019 Business & Finance

Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4.2GW in 2018, according to WindEurope’s annual Financing and Investment Trends report. Investments in new offshore wind projects increased by 37% from 2017 but were still some way off the record EUR 18.2 billion seen in 2016, according to the […]

18 April 2019 Business & Finance

German wind turbine manufacturer Senvion, its lenders, and main bond holders have signed a binding loan agreement, setting forth terms for a EUR 100 million debtor-in-possession (DIP) facility. According to Senvion, the DIP facility enables the company to continue its business operations following last week’s self-administration filing. The loan has received Board approvals and allows substantial […]

15 April 2019 Industry Contribution

The Jones Act in US offshore wind: challenge or opportunity? The Jones Act, long seen as a challenge for the US offshore wind industry, could potentially be an opportunity for the sector, experts have said. “I like to look at the Jones Act as an incentive for shipyards, not an impediment,” said Joan Bondareff, chair […]

12 April 2019 Business & Finance, Wind Farm Update

The European Investment Bank (EIB) has approved the financing for the Saint-Nazaire and Fécamp offshore wind projects in France. EIB did not disclose the amount of the approved financing. The two projects are being developed by Eolien Maritime France (EMF), a joint venture of EDF EN and Enbridge. The 498MW Fécamp offshore wind farm will comprise […]

9 April 2019 Business & Finance

Senvion GmbH has filed for self-administered restructuring proceedings after refinancing discussions with lenders have so far not come to a positive conclusion. These preliminary self-administration proceedings relate to Senvion GmbH as well as its subsidiary Senvion Deutschland GmbH. The objective of the proceedings is to allow Senvion to proceed with the transformation process that was […]

9 April 2019 Business & Finance, Operations & Maintenance

The long-term success of offshore wind is being put at risk by restrictions on access to wind turbine performance data that prevent operators from reducing operations and maintenance costs by up to 30%, according to ONYX InSight. Better access to turbine data allows operators to not only reduce their operational costs, but to also generate […]

9 April 2019 Contracts & Tenders

Manor Renewable Energy (MRE) has secured a contract with EnBW to provide a temporary power package for the turbine installation phase of the Hohe See offshore wind project. MRE said it started providing a full temporary power package of generators, personnel and vessels in the German North Sea this month. The UK-based company is working […]

5 April 2019 R&D

Anbaric has submitted a request to ISO New England for an economic study to examine the impacts of 8,000, 10,000 and 12,000MW of offshore wind on energy prices, air emissions and fuel security. The study’s target year is 2030 and it will take into account the recent and upcoming retirements of the Vermont Yankee, Pilgrim and […]

4 April 2019 R&D

The implementation of U.S. offshore wind targets will not be as simple or, potentially, as green as it may seem since certain issues can “cause a bottleneck in the supply chain”,  according to research by Yale University. Researchers from Yale School of Forestry & Environmental Studies challenged the U.S. Department of Energy’s (DOE) offshore wind plans, focusing specifically […]

4 April 2019 R&D

A new Monmouth University Poll has found that the vast majority of New Jersey residents support the development of wind farms off this US state’s coast. Three-quarters of New Jersey residents (76%) would favor placing wind farms off the coast of the state, while just 15% would oppose this action. Past support for offshore wind […]

1 April 2019 Authorities

The European Court of Justice has annulled the Commission’s decision that feed-in tariffs, as provided by the German 2012 renewables law EEG, constitute state aid. The World Wind Energy Association explains that the European Commission pressured Germany and other governments to wrongly notify feed-in legislation as state aid, which caused feed-in legislation to be substituted […]

28 March 2019 Business & Finance

Legislators of the U.S. state of Maryland have introduced a bill that would allow at least 1,200MW of additional offshore wind capacity to be built by 2030. If enacted, the Maryland Clean Energy Jobs Act of 2019 (S.B. 516) would require 50% of energy supply to come from renewable energy sources by 2030, doubling the current renewable portfolio standard (RPS) […]

28 March 2019 Business & Finance

Fred. Olsen Ocean has entered into an agreement to acquire a 50% ownership in United Wind Logistics GmbH (UWL) through the contribution of new equity in the amount of EUR 12 million. UWL is a Hamburg-based company offering transport solutions for offshore wind turbine components from manufacturing sites to pre-assembly ports. The company has a […]

25 March 2019 Business & Finance

Lamprell has reported an increase in the estimated loss on the East Anglia One offshore wind project of USD 9.4 million in the 2018 financial year, primarily reflecting the additional cost of supporting Harland and Wolff through restructuring. According to Lamprell’s 2018 results, the increase brought the overall estimated loss for the 714MW project to USD 89.4 […]

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 […]

19 March 2019 Business & Finance, Grid Connection

Anbaric has filed a request with ISO-New England for a 1,200MW HVDC interconnection to a substation in Brayton Point, Massachusetts, that would collect energy produced by offshore wind projects. According to Anbaric, the proposal will offer expanded wind generation procurements off Massachusetts resulting from the recent federal Bureau of Ocean Energy Management (BOEM) auctions of offshore […]

14 March 2019 Contracts & Tenders, Wind Farm Update

DEME Offshore, previously GeoSea, has selected tier 1 suppliers for the foundations of the Moray East offshore wind project in the UK. According to DEME, Smulders will carry out a major part of the fabrication works on 55 of 100 jackets in Newcastle, including all final assembly, with Lamprell producing the remaining 45. The balance […]

12 March 2019 Authorities

US Wind Country Manager Salvo Vitale has urged Maryland’s House and Senate committee members to incentivize the development of 1,200MW of additional offshore wind energy off the coast of Maryland. In testimony before Senate Finance Committee and House Economic Matters Committee of the Maryland General Assembly, Vitale called on House and Senate committee members to support […]

11 March 2019 Business & Finance

PNE AG has lowered the expected profit for the 2018 financial year due to an anticipated loss of circa EUR 10.8 million invested in three offshore wind projects in Germany. PNE AG made stock value adjustments on the Jules Verne, Nautilus and Nemo projects located in Zone 4 of the German exclusive economic zone because […]