Search results for: Sweden

451 results

A list of search results

21 March 2018 Authorities, Business & Finance, Grid Connection, R&D

The Swedish Energy Agency has, on behalf of the government, examined two different models to remove the grid connection costs for offshore wind power.

15 February 2017 Business & Finance, Environment

Swedish bank SEB has issued its first green bond of EUR 500 million last Friday for loans to green initiatives.

28 October 2016 Authorities, Business & Finance, Operations & Maintenance, R&D

Sweden's cross-party Energy Commission has recently agreed that Sweden should increase its renewables output by 18TWh a year toward 2030, though it stopped short of recommending any major reform of the current certificate scheme, according to WindEurope. The country’s joint certificate scheme with Norway, which is used to finance renewables, is over-supplied leading to very low […]

10 June 2016 Authorities, Business & Finance, Technology

Swedish state-owned power company Vattenfall is hesitant to start any wind projects offshore Sweden due to the country's incentive scheme being technology-neutral, Peter Tornberg, Vice President of Business Area Wind at Vattenfall, said. During the coming years, Vattenfall plans to invest around SEK 50 billion (around EUR 5.4 bn) in new wind power projects, onshore and offshore, to achieve 4GW by […]

26 May 2015 Authorities, Business & Finance, Technology

The Swedish Energy Agency has granted the company Corpower Ocean AB 2 million EUR to conduct tests of its innovative concept for wave power. The project is part of a larger collaboration with KIC InnoEnergy, the Spanish energy company Iberdrola and the Portuguese Research Institute WavEC Offshore Renewables. Corpower will build a new prototype wave […]

7 January 2015 Business & Finance, R&D

Research and Markets has announced the addition of the "Wind Power in Sweden, Market Outlook to 2025, Update 2014 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles" report to their offering. The report provides an in-depth analysis on global renewable power market and global Wind market with forecasts up […]

23 June 2014 Authorities, Business & Finance, Technology

Swede Energy has signed an agreement with TC Energy Ltd in Ghana to jointly develop the largest wave power project in the world. The project is situated outside the coast of Ghana and will be built in blocks with a total targeted installed capacity of 1000MW.  TC Energy Ltd is the holder of permits and […]

29 October 2013 Business & Finance

Vattenfall’s CEO, Oystein Loseth has informed the Board of Directors that he does not want to negotiate an extension of his fixed-term contract, which is due to expire in March 2015. The Board of Directors has now begun the process of finding a successor. Vattenfall's CEO Øystein Løseth: “I have informed the Board that I […]

29 October 2013 Business & Finance

Vattenfall reports a stable underlying operating profit of nearly 21 billion SEK for the period January-September 2013. Cost-cuttings and price hedging have contributed to the result while higher costs for CO2 emission allowances have had a negative impact. Summary of the third quarter and the nine month period: • Net sales rose by 9.9% to […]

14 October 2013

MMT has two remotely operated towed vehicles (ROTV) equipped with various survey equipment for complete geophysical surveys. MMT has now upgraded the systems to be fully equipped with side scan sonars and sub bottom profilers, in addition to multibeam echo sounders, inertial navigation system and doppler velocity log. This means a complete geophysical survey can be […]

1 October 2013

E.ON has reached a new milestone in the development of renewables. In the presence of Swedish energy minister Anna-Karin Hatt it officially opened the Kårehamn offshore wind farm near the Swedish island of Öland in the Baltic Sea. The wind farm had already been connected to the grid a few weeks ago after only 19 […]

20 August 2013 Operations & Maintenance, Wind Farm Update

Moventas, the leading wind and industrial gear manufacturer and service provider, has recently completed another full wind turbine drivetrain service project in extreme conditions. Moventas started the on-site part of a full drivetrain repair project of four 3MW turbines in Sweden in June. The serviced turbines are located in Vindpark Vänern Kraft AB’s offshore wind […]

15 August 2013

Baltic Wind Power 2013 conference and exhibition will take place on 09-10 September 2013 in Stockholm. The conference will focus on further wind energy market development (both onshore and offshore) in Sweden and the Baltic Sea basin and will offer a crucial update on cutting-edge technologies, new projects and finance. Located in the networking area […]

7 August 2013 Business & Finance, Technology

Nordic marine energy technology leader Minesto, with a marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents, has appointed Dr. Heije Westberg as the company's new Chief Technology Officer. Dr. Heije Westberg has previously been Manager for the Department of Energy Conversion at Volvo Technology AB […]

23 July 2013 Business & Finance

Vattenfall splits up its organisation into a Nordic unit and a continental European unit. This is one of several measures taken in response to developments in the European energy market. Vattenfall is also writing down SEK 29.7 billion of the value of the company’s assets as a consequence of market development and higher business risks. […]

3 July 2013 Technology, Wind Farm Update

The first eight V112-3.0 MW offshore turbines have been successfully installed on the 48MW offshore project in Kårehamn, Sweden. In addition, the turbines were also part of the first shipment of turbines from Vestas’ pre-assembly facility in Esbjerg, Denmark. Senior Vice President of Vestas Offshore Uffe Vinther-Schou says installing the first V112-3.0 MW offshore turbine […]

1 July 2013 R&D, Technology

Nordic marine energy technology leader Minesto has developed a simulator to aid the development of its Deep Green marine power plant. Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents. The simulator has been developed in-house by Minesto's own research and […]

11 June 2013

GEO is presently carrying out engineering consultancy for E.ON Vind Sverige AB regarding the installation of ’MPI Discovery’ jack-up vessel at Kårehamn wind farm. The 6 legs vessel, 140 m long and 40 m wide, will be installing the wind turbines over the gravity foundations already present. As the seabed is full of boulders and […]

11 June 2013 Business & Finance

SeaTwirl AB has announced that it has a new board member added to its team.  Katarina Frotjold has previous experience from the automotive industry as well as the wind industry and has been involved in several interesting wind projects before. She has great compassion in wind projects and especially vertical axis wind turbines. Katarina will bring the team […]

24 May 2013 Grid Connection, Operations & Maintenance

Since May 12, the Lillgrund offshore wind farm has been standing still. The work to repair the export cable – which transmits the electricity from the wind farm to the substation on land - is underway. “Our focus is to replace the damaged section of the cable as soon as possible and get the production […]

17 May 2013

Blue Water Shipping and Gillis Shipping AB have agreed to form an official cooperation with focus on offshore wind activities in Sweden.  "The cooperation with Gillis Shipping AB fits perfectly with our strategy to be represented in the areas where we see possibilities for offshore wind activities. Now, we offer our clients the same service […]

6 May 2013 Business & Finance, R&D

MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund, Norway),  have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. The Parties have for some time, together with the engineering company Kystdesign AS, developed a new generation of high speed Survey […]

3 May 2013 Business & Finance

Vattenfall reports a stable underlying first quarter 2013 operating profit despite challenging market conditions. Increased electricity generation and high nuclear power availability contributed to the result. Vattenfall continues to improve operational efficiency. Net sales rose 1.4% to SEK 49,659 million (48,994) The underlying operating profit was stable and amounted to SEK 11,625 million (11,629) Profit […]

2 May 2013 R&D, Technology

New technology for harvesting energy from low velocity ocean and tidal currents multiplies the potential for marine energy. Written by Anders Jansson, CEO, Minesto  Marine energy – for instance energy from tidal and ocean currents – is the ‘best of the best’ amongst green energy sources: it has the greatest potential (in theory, the planet’s […]

30 April 2013 Business & Finance

Vattenfall's Board of Directors has announced that Christer Danielsson from Frank Advokatbyrå will be in charge of the investigation to find out if Vattenfall's CEO Øystein Løseth received additional compensation when Vattenfall acquired the Dutch company Nuon in 2009. "Christer Danielsson is an extremely qualified lawyer and lives up to all the demands for impartiality […]

30 April 2013 Business & Finance

Vattenfall has launched an independent inquiry to investigate claims according to which its CEO Oystein Loseth received a cash bribe during a takeover of the Dutch company Nuon in 2009, The Press and Journal Energy writes. Mr. Loseth has welcomed the investigation and said that it will “put an end to this rumour” by making […]