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21 March 2019 Business & Finance

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6 November 2018 Business & Finance

Siemens Gamesa Renewable Energy (SGRE) reported an offshore wind turbine order intake totalling 2,272MW in its fiscal year 2018 – 31% more than in FY 2017 – with a total value of approx. EUR 2.78 billion.

31 August 2018 Business & Finance

Offshore wind has taken one of the leading roles in James Fisher & Sons’ results for the first half of 2018, as the group’s Marine Support business division marked revenue growth of 21% – the highest of all James Fisher divisions – mainly powered by activities in the UK offshore wind market.

24 August 2018 Business & Finance

What Sif Group had been expecting and preparing for when it comes to this year has been reflected in the company’s results for the first half of 2018.

1 March 2018 Business & Finance

James Fisher and Sons has reported a revenue that climbed 9% in 2017 compared to the previous year, exceeding GBP 500 million for the first time. With an underlying operating profit of GBP 55.8 million, the company marked a 10% increase from GBP 50.8 million posted for 2016. Three out of four James Fisher’s business divisions saw a boost in their profits, with the Marine Support division – which serves the offshore renewables sector – leading with an increase of 17%.

12 February 2018 Authorities, Contracts & Tenders, R&D

The results of the call for offshore wind tenders in the Dunkirk area in France will be released in March, said French Secretary of State Sébastien Lecornu.

30 November 2017 Business & Finance, Wind Farm Update

Lamprell’s East Anglia ONE project, involving fabrication of 60 jacket foundations and their accompanying piles, has brought start­up costs and inefficiencies with the learning curve proving to be steeper than anticipated, according to the company, who said it now expects the project to make a significant loss that will be booked in 2017.

9 November 2017 Business & Finance

Subsea 7 reported a revenue of USD 1,063.3 million (approx. EUR 916 million) for the third quarter of 2017, a 15% increase compared to Q3 2016, largely due to increased activity in the renewables sector with the Beatrice project being in the spotlight. 

7 November 2017 Business & Finance

From April to September 2017, Siemens Gamesa marked strong performance in its offshore business with an increase of 16% in revenues. This contrasts the company’s overall results for the period, as Siemens Gamesa reports a 12.3% fall in revenues.

3 November 2017 Wind Farm Update

Dutch nearshore wind farm Westermeerwind generated 69.7 GWh of electricity in October, marking the best monthly result ever for the 144MW wind farm since its inauguration in 2016.  

1 November 2017 Business & Finance

Commenting on Fugro’s financial results for the third quarter of 2017, which were below the company’s expectations, CEO Paul van Riel said that Fugro has strong positions in the renewable energy market with good potential for further growth. 

27 October 2017 Business & Finance, Contracts & Tenders

Vattenfall’s wind energy unit reported an underlying operating profit of SEK -0.3 billion (approx. EUR 31 million) for the third quarter, due to lower availability resulting from grid outages and cable issues in some offshore wind farms. 

12 September 2017 Contracts & Tenders

WindEurope has called on the UK and other European governments to provide more clarity to the offshore wind industry after 2020 by committing to ambitious offshore wind deployment targets. The association’s call came yesterday, 11 September, following the results of the UK Contracts for Difference (CfD) auction.

12 September 2017 Authorities

Scotland’s Moray Council has welcomed the awarding of the Contract for Difference to the 950MW Moray Offshore Windfarm (East) project, adding that Buckie harbour is ideally placed to support the construction of the project.

8 September 2017 Authorities, Business & Finance

RenewableUK is predicting a significant fall in the cost of offshore wind when the results of long-awaited competitive auctions for new contracts to provide clean electricity are unveiled next week.

9 August 2017 Business & Finance

E.ON’s Offshore Wind/Other division generated 2.1 billion kWh of electricity in the first half of 2017, on a par with the results reported for the first half of 2016.

7 April 2017 Business & Finance

According to Bladt Industries’ 2016 annual results, the company saw a very favourable year with offshore wind projects as the main driver. Bladt reported a revenue increase from DKK 3 billion (approx. EUR 403 million) in 2015 to DKK 3.5 billion (approx. EUR 470 million) last year.

9 March 2017 Business & Finance

Copenhagen-based engineering, design and consultancy company Ramboll ended 2016 with a net profit of DKK 176.9 million (EUR 23.7 million), a 132% jump compared to DKK 76.3 million net profit reported a year earlier.

23 February 2017 Business & Finance

Even though Iberdrola’s overall gross operating profit (EBITDA) improved by 5.5% in 2016 compared to the year before, the company yesterday reported an 8.9% decrease in its renewables business EBITDA, driven by weaker performance in the UK due to foreign exchange and lower wind resource throughout the year.

7 February 2017 Business & Finance

Swedish energy company Vattenfall marked a slight dip in net sales at its wind division in the Fiscal Year 2016 despite adding 297MW of new renewable capacity throughout the period.

26 October 2016 Business & Finance, Grid Connection, Operations & Maintenance

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9 June 2016 Authorities, Business & Finance

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4 April 2016 Business & Finance

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8 March 2016 Business & Finance

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11 November 2015 Business & Finance, Grid Connection, Operations & Maintenance, Wind Farm Update

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