2940 results found for 'failure'

2940 results found for 'failure'
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  • Norway: Statnett Reports NOK 187 Million Profit in Q2

    24 August 2012
    Business & Finance, Grid Connection

    The Statnett Group reports profit after tax of NOK 187 million in the second quarter of 2012. The corresponding figure for the same period in 2011 was NOK 126 million. Profit after tax for the first half of 2012 was NOK 452 million, compared to NOK 520 million for the first half of 2011. Profit […]

  • Baryonyx’s Offshore Lease Expires

    29 July 2014
    Authorities

      Baryonyx’s lease for the 19,794 acre area off the coast of Texas expired earlier this month, writes Valley Morning Star news site. The Austin-based company failed to make an annual payment of around USD 41,171.52 for the area where they had been planning to develop Texas’ first offshore wind farm. This came as a […]

  • Siemens: Wind Power on Its Way to Cost Reduction

    13 November 2013
    R&D, Technology

    Siemens sees offshore wind cost reduction in greater output, less weight, improved production and installation processes of wind turbines. The company intends to apply this to reduce the offshore wind costs in the coming years. The company will present its new 4- and 6-megawatt wind turbines at the EWEA Offshore Trade fair in Frankfurt/Main. At […]

  • Diederik Samsom to Open Offshore Energy Opening Gala Dinner & Awards Show

    28 September 2017

    Offshore Energy 2017 is proud to announce that former Dutch cabinet member and political figure Diederik Samsom will open the Offshore Energy Opening Gala Dinner & Awards Show on 9 October 2017.

  • Saltwater Engineering to Officially Launch Its Latest Vessel Design at OEEC 2024

    7 November 2024
    Vessels

    Netherlands-based Saltwater Engineering has announced the launch of its latest vessel design, Blue Quest, optimised for a wide range of offshore survey applications. Saltwater Engineering said that Blue Quest was crafted to embody multifunctionality within a streamlined and efficient design. The company added that the new vessel design serves as a versatile platform, easily mobilised […]

  • RPS Floating LiDAR Deployed at Bałtyk I Offshore Wind Farm

    11 April 2022
    R&D

    RPS Group has deployed one of its Floating LiDAR buoys off Poland for Equinor and Polenergia’s offshore wind project, Bałtyk I. The Floating LiDAR buoy will measure wind resource data above the sea surface as part of a one-year wind resource measurement project. RPS managed the entire deployment, from logistics, assembly, and testing to launch, […]

  • Nemo Link Interconnector Put Into Operation

    31 January 2019
    Grid Connection

    The Nemo Link subsea interconnector between Belgium and Great Britain has become operational. The energy exchange started on Thursday, 31 January at midnight. An average of 773MW will be exchanged and a total amount of 18,559MWh will be transported for the whole day via the Nemo Link cable. The interconnector allows up to 1,000MW of […]

  • HORIZONS – Insight for the Industry

    18 January 2018

    To bring the industry easily digestible, in-depth and on-topic market information Offshore WIND and the DOB-Academy have started to co-produce HORIZONS. These are two minute (tops) animated explanation videos on various topics like technology, market developments or finance. Offshore WIND and DOB-Academy strive to bring overview in this fast paced and growing industry. Follow this link for the first edition. 

  • National Oilwell Varco to Kit Out Japanese Mega Jack-Up

    3 September 2019
    Vessels

    Japan’s Shimizu Corporation has awarded National Oilwell Varco (NOV) with a contract to provide equipment package and design for a newbuild offshore wind farm installation vessel. NOV, through its subsidiary GustoMSC, has worked with Shimizu on the customized jack-up design which has a total tonnage of 28,000t and is capable of accommodating 130 people. The vessel will […]

  • Denmark to Build Three More Offshore Wind Farms by 2030

    3 July 2018
    Authorities

    Danish parliament unanimously voted in favour of a new energy agreement for the country on Friday, 27 June, which includes building three new offshore wind farms by 2030 with a total capacity of at least 2.4GW.

  • EnBW Building Hohe See and Albatros Service Base

    2 October 2018
    Operations & Maintenance, Ports & Logistics

    EnBW Energie Baden-Württemberg AG has begun constructing the service station for the Hohe See and Albatros offshore wind farms next to the Emden Airport in Germany.

  • IHC Comes Up with New Offshore Wind Vessel Designs

    13 June 2016
    Vessels

    Royal IHC has presented new designs of an inter-array cable-laying vessel and integrated jack-ups for the offshore wind sector. The cable-layer will reduce costs for inter-array cable-laying operations by 20 to 30% thanks to a lean approach in designing material flows and storage, IHC said. Two carousels below deck can be loaded simultaneously, which results in fast load-outs and […]

  • Lamprell: Record Breaking Year

    19 March 2015
    Business & Finance

    Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore energy industry released financial results for 2014. According to the company, this was a record-breaking year with a net profit reaching USD 118 million, up 224% compared to the year before. The group completed nine projects in the last year, all […]

  • Top News of the Week, 13 – 19 February 2017

    19 February 2017

    The Netherlands Opens Door to More Offshore Wind by 2023 The House of Representatives of the Netherlands has voted in favour of carrying out further research to determine if new offshore wind zones can be added to increase the country’s target of having a total of 4.45GW of offshore wind generation capacity commissioned by 2023. […]

  • Navitus Bay to Reimburse Local Companies’ Losses

    7 May 2014
    Business & Finance, Wind Farm Update

    Navitus Bay developers are proposing to compensate losses that local marine businesses might incur due to the construction of the offshore wind farm. Campaigners fighting the project claim that this is a signal that the developers are acknowledging the project’s negative impacts on tourism, the BBC writes. Also, some of the opponents said that the […]

  • Conversulting to Hold Offshore Renewables Safety Course

    13 November 2013
    Training & Education

    Conversulting Ltd will be providing the new ‘Managing Safely for Offshore Renewables’ training course now that it has received a licence by the UK’s Institution of Occupational Safety and Health (IOSH). This comes in addition to receiving the Renewables Training Network official approval as a training provider (the body set up by the industry trade […]

  • Belgium: Strong Economic Benefits with Renewable Targets

    6 June 2012
    Authorities

    With its new Renewable Energy Strategy the European Commission in Brussels today presented major reasons to favour legally binding renewable energy targets for 2030. The Strategy notably says: – “Strong renewables growth to 2030 could generate over 3 million jobs”. – “A continuation of an EU-wide specific renewable energy framework post-2020 […] would result in […]

  • Germany: BWE to Publish Market Overview on Wind Energy Financing

    27 August 2012
    R&D

    Compared to its European neighbours, Germany is still the most successful in building onshore wind energy. This is due to the favourable wind energy financing opportunities. The wind project financing is a complex and multifaceted issue withalarge number of project participants. This is why the German Wind Energy Association (BWE) will publish another publication from […]

  • Finland Offers Best Offshore Wind Power Potential in Baltic Sea Region

    19 March 2013
    R&D

    The shallow waters and high wind speeds on Finland’s coastline are ideal for wind power generation. Finland has by far the greatest potential for the development of offshore wind power in the Baltic Sea region, according to a study by Baltic Sea Region Energy Co-operation (BASREC). From the 99 most favourable areas for offshore wind […]

  • Scotland’s North Ports Wiped Off Offshore Wind Map

    6 August 2013
    Authorities

    The Conservative- Liberal Democrat UK Government has been left embarrassed after suggesting that there are no ports in the North of Scotland, according to the news on SNP’s website. The Press and Journal reported on August 3 that a map included in the new offshore wind strategy – published last week – failed to include […]

  • US House of Representatives Passes Bill That Cuts IRA Provisions Supporting Offshore Wind Development

    22 May 2025
    Authorities, Grid Connection, Industry, Manufacturing, Supply Chain

    The United States House of Representatives has passed a bill that, among other things, rescinds provisions from the Inflation Reduction Act (IRA) that were set up to strengthen the domestic offshore wind supply chain and back the development of new offshore wind transmission infrastructure. Passed on 22 May with 215 votes in favour of the […]

  • Senate Finance Committee Gives Green Light for Maryland Offshore Wind Bill (USA)

    27 February 2013
    Authorities

    The Senate Finance Committee voted 7-4 in favor of the Maryland Offshore Wind Energy Act of 2013 (Senate Bill 275) on Tuesday, the CapitalGazette.com reports. This is not an unexpected move, as the offshore wind bill, proposed by Governor Martin O’Malley, gained massive public support this year, along with the key Senate figures backing up […]

  • DECC Statistics Show Wind Power’s Role in Fossil Fuels Consumption Decrease

    27 March 2014
    Authorities, Environment, R&D

    RenewableUK says new statistics published today by the Department of Energy and Climate Change (DECC) prove the case for wind power. Statistics were released covering both 2013 and the final quarter of 2013, and the figures showed increased amounts of renewable energy, with wind foremost, leading to coal and gas consumption decreasing. Renewable energy increased […]

  • Record Number of People Employed in Scottish Renewables Sector

    22 January 2014

    A major new report has found record numbers of people are now employed in the renewable energy sector in Scotland. Scottish Renewables commissioned independent researchers to survey more than 540 companies in what is the most comprehensive study to date. The findings suggest 11,695 people are currently in full-time employment, an increase of 5% from […]

  • Fair Winds, New Capacity Lift RWE’s 2023 Offshore Wind Earnings

    14 March 2024
    Business & Finance, Fixed-Bottom

    RWE has reported an adjusted EBITDA of nearly EUR 1.7 billion in its offshore wind segment for 2023, compared to EUR 1.4 billion for the previous fiscal year. The increase in earnings is due to the commissioning of new capacity and better wind conditions, according to the company. Electricity generation from renewable energy at RWE rose by […]

  • Subsea Cables Account for Over 50 Pct of Total Claims Spend in Offshore Wind – GCube Insurance

    9 November 2021
    Business & Finance

    Combined market losses in offshore wind grew from GBP 124 million (around EUR 145 million) in 2010-2015 to GBP 500 million (around EUR 585 million) by 2020, with the average insurance claim nearly doubling from GBP 1.67 million (around EUR 2 million) to GBP 3.08 million (around EUR 3.6 million) in the same period, according […]