2317 results found for 'baltic power'

2317 results found for 'baltic power'
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  • Shell Halts Investments in New Offshore Wind Projects, Partners with Equinor to Create ‘UK’s Largest Independent Oil & Gas Company’

    5 December 2024
    Business & Finance, Fixed-Bottom, Floating Wind

    Shell has decided to cease investments in new offshore wind developments as part of a review of the Shell Energy business. The oil and gas major, which has built a significant portfolio of renewable energy and clean fuel projects, will not abandon its existing offshore wind projects, but investing in new offshore wind farms is […]

  • Denmark: LM Wind Power Announces EUR 707.5 Million Revenue for 2011

    1 May 2012
    Business & Finance

    LM Wind Power Group made continued progress despite being faced with a range of external pressures, maintaining profitability for 2011 with revenue of EUR 707.5 million and EBITDA of EUR 73.9 million. The results are in line with expectations for the year, yet disappointing and lower than last year. The revenue for LM Wind Power […]

  • The Netherlands: Ballast Nedam Profit Up 28,57 pct

    9 March 2012
    Business & Finance

    Ballast Nedam has performed well, certainly considering the bleak market conditions, increasing competition and price pressure. This situation will persist in the coming years. The operating profit achieved of € 19 million was in line with the forecast issued in March last year of between € 15 million and € 20 million. The profit for […]

  • Shell, Equinor, Ocean Winds and Japanese Partners Launch Japan’s Floating Offshore Wind Group

    9 November 2021
    Business & Finance

    Six European and Japanese companies have established Japan’s Floating Offshore Wind Group to actively promote floating offshore wind in the country. The newly launched group – set up by Equinor, Shell, Ocean Winds (a joint venture between EDP Renewables and ENGIE), Sumitomo Corporation Global Metals, JGC Japan Corporation, and Toda Corporation – has issued three main […]

  • Ulstein Unveils New Subsea Vessel

    18 March 2024
    Business development, Cables, Floating Wind, Foundations, Vessels

    Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstein Twin X-Stern, a smart power and propulsion […]

  • Germany: Beckhoff to Present Automation Solutions for Wind Turbines

    6 August 2012

    Beckhoff will present its PC- and EtherCAT-based automation solutions for wind turbines from September 18 to 22, 2012 at Husum WindEnergy, Germany, the world’s largest wind energy trade show. Beckhoff has automated 7,000 wind turbines with a total output of 11.2 GW in 2011 alone. Worldwide, more than 20,000 wind turbines are equipped with Beckhoff […]

  • Almost EUR 17.6 Billion for Polish Economy from Offshore Wind

    29 May 2013

    In accordance with a report by Ernst&Young concerning the impact of the offshore wind energy on the Polish economy the country is facing a unique opportunity. Reaching 6 GW in offshore wind in 2025 will entail PLN 73.8 billion value added for the Polish economy. Direct revenues of the public finance sector amount to PLN […]

  • Scotland to Fund Offshore Wind Cost-Cutting Project with GBP 2.2 Mln

    14 July 2014
    Authorities, Business & Finance, R&D

    A project to cut the cost of offshore wind by at least 10% is being awarded £2.2 million by the Scottish Government, First Minister Alex Salmond has announced. The Carbon Trust’s Offshore Wind Accelerator (OWA) programme, a joint industry and government scheme, brings together nine offshore wind developers with over 72% (31GW) of the UK’s […]

  • Alicat to Build Another CTV for Dalby Offshore

    18 December 2014
    Business & Finance, Vessels

    Dalby Offshore and Alicat Workboats have signed a contract for the construction of an Alicat 23m Crew Transfer Vessel (CTV). The Dalby Don, which is set to be delivered in July 2015 is a sister vessel to the Dalby Swale delivered during 2014 that has worked on the Greater Gabbard and London Array Offshore Wind […]

  • EEW Korea to Produce Pin Piles for Hai Long 2b and 3

    20 October 2021
    Contracts & Tenders, Wind Farm Update

    EEW Korean Heavy Pipe Construction has signed the Exclusivity Capacity Agreement (ECA) with CSBC-DEME Wind Engineering (CDWE) to provide pin piles for the 744 MW Hai Long 2b and 3 offshore wind projects in Taiwan. Under the ECA, EEW Korean Heavy Pipe Construction will manufacture and deliver a total of 156 pin piles for the […]

  • BOEM Opens Door for Wave Energy Testing Offshore Oregon

    20 June 2014
    Authorities

    The Bureau of Ocean Energy Management (BOEM) has taken an important step toward issuing a research lease for a facility to test utility-scale wave energy devices in federal waters off Oregon. The non-competitive lease would be for the offshore area where the Northwest National Marine Renewable Energy Center at Oregon State University (Center) would site […]

  • Northland Secures Right to Acquire Majority Equity Stake in Gemini OWF

    1 August 2013
    Business & Finance

    Northland Power Inc. (“Northland”) announced it has entered into agreements for the rights to acquire a majority equity stake in Gemini, a 600MW offshore wind project currently in advanced development. Gemini is located 85 kilometres off the coast of the Netherlands in the North Sea, which combines one of the strongest and most reliable wind […]

  • Lockheed Martin to Provide Surveillance Radar to United Kingdom for World’s Largest Offshore Wind Farm

    15 April 2010
    Technology

    Lockheed Martin will deliver a long-range air surveillance radar system to the United Kingdom that overcomes sensor performance issues commonly caused by the rotating blades of wind turbines. The advanced electronics of Lockheed Martin’s TPS-77 radar mitigate interference, or “clutter,” that commonly obscure radar targets in and around wind farms.  The new radar system will […]

  • Bridging borders: Regulatory harmonisation

    5 January 2012

    In recent times, the attention of project developers, policy makers and energy regulators has started shifting towards the construction of (transnational) large scale far offshore wind farms. This is due to their advantages over conventional energy production facilities, being larger in scale, inducing economies of scale; offering less nuisance related to visual or noise pollution […]

  • Navantia-Windar Starts Saint-Brieuc Jacket Work in France

    2 October 2020
    Ports & Logistics, Wind Farm Update

    The Spanish Navantia-Windar consortium has launched the production of foundation components for the Saint-Brieuc offshore wind farm in the Brest polder, France. Navantia-Windar has presented the main achievements delivered in its construction program for 34 of the 62 foundations that will be built in France for the wind farm. The technology chosen by Ailes Marines, […]

  • Wärtsilä Designs Multi-Purpose SOV for US Offshore Wind Market

    15 February 2021
    Vessels

    The Finnish technology group Wärtsilä has designed the world’s first US-flagged, Jones Act-compliant hybrid multi-purpose service operation vessel (SOV) to serve the needs of the US offshore wind power market. The 76-metre vessel can accommodate up to 60 crew and wind-farm technicians in 55 single and five state cabins. The vessel’s double-decked cargo space is […]

  • Italy: Prysmian Net Profit Drops 13 Pct to EUR 39 Million

    13 May 2013
    Business & Finance

    The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter 2013 (which are not subject to audit). “The worsening of the crisis in Europe’s construction industry, the additional contraction in energy consumption and the uncertainties surrounding renewable energy and broadband stimulus plans in North and South America, are […]

  • Wood Mackenzie: Offshore Wind O&M Market to Reach EUR 11 Billion by 2028

    12 June 2019
    Operations & Maintenance

    The global offshore wind operation and maintenance (O&M) market is expected to grow by 17% annually to EUR 11 billion by 2028, according to new research from Wood Mackenzie Power and Renewables. Europe is the largest contributor with EUR 6.7 billion in value, while the Asia Pacific region is keeping up the pace in O&M […]

  • IEA: Growing Use of Coal Overshadowing Renewable Energy Deployment

    27 May 2014
    R&D

    Electricity will increasingly power the world’s economies in the 21st century, rivaling oil as the dominant energy carrier, according to a new report by the International Energy Agency (IEA). Actively managing this transformation is the only way to ensure that global energy security and climate goals are met economically, the report says. The report, Energy Technology Perspectives (ETP 2014), offers […]

  • Two Training Companies Invest in OW Facilities

    18 September 2015
    Business & Finance, Training & Education

    Two of East Yorkshire’s offshore energy training providers are working in partnership to deliver the basic requirements for those wishing to work in the renewables industry. This training includes working at heights, marine safety, first aid, fire safety and manual handling. Humberside Offshore Training Association (HOTA) along with HFR Solutions have both invested in their […]

  • PNE WIND Increases Its EBIT Forecast for 2011-2013 Due to Increased Offshore Wind Activity (Germany)

    30 March 2011
    Business & Finance

    The wind farm developer, PNE WIND AG, has increased the forecast for its cumulative EBIT for the financial years from 2011 to 2013 inclusive to EUR 60 to 72 million. This is the result of the 2010 annual accounts published today. The company bases its forecast on the increased activity in offshore wind farms, the […]

  • Ocean Winds Hires Føn Energy Services in Scotland

    11 December 2024
    Business & Finance, Fixed-Bottom, Operations & Maintenance

    Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has contracted Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service programme for the Moray East and Moray West offshore wind farms in Scotland. The contract is valid for three years, with an option to extend […]

  • Trident Energy Releases White Paper on Auxiliary Power for OWFs

    7 January 2014
    R&D

    Trident Energy has released White Paper on auxiliary power for offshore wind farms. Trident Energy has spotted an opportunity to reduce the risks and costs of providing offshore power. Offshore wind farms are being built in ever deeper, harsher waters. Diesel generators are used to provide power when these are without grid connection – but […]

  • Scotland OKs Four Offshore Wind Farms

    10 October 2014
    Authorities

    Four offshore wind farms that could provide enough energy to power over 1.4 million Scottish homes have received development consent, Energy Minister Fergus Ewing announced today. Once completed, the developments in the Forth and Tay region – Neart Na Gaoithe, Inch Cape Offshore Limited, Seagreen Alpha and Seagreen Bravo – could be capable of generating […]

  • Navitus Bay OWF Scaled Back

    7 February 2014
    Wind Farm Update

    The developer of the Navitus Bay offshore wind farm yesterday announced that it will scale back the project’s size to reduce its visual impact. In response to feedback received from the public and statutory consultees during the final round of consultation last year, the developer will remove the northernmost part of the development – the […]

  • Narec Opens Doors to Local Communities to Showcase Regeneration of Dock-Side (UK)

    23 November 2012

    Last weekend, the National Renewable Energy Centre, Narec, opened its doors in Blyth, Northumberland to the local community as part of a UK-wide Open Doors Weekend, organised by UK Contractors Group (UKCG). The initiative was supported by lead contractor, Shepherd Construction, which is working with Narec to construct three world-class facilities, worth a combined investment […]