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  • 1 November 2018
    Business & Finance

    Ørsted has achieved an operating profit (EBITDA) of DKK 10.8 billion (EUR 1.45 billion) in the first nine months of 2018, up 14% compared to 9M 2017, mainly due to a 32% increase in operating profits from wind farms in operation.

  • 20 March 2015
    Business & Finance, Vessels

    Croatian Viktor Lenac Shipyard, specialised in ship repair and conversions, successfully completed the conversion of the cable laying barge Cable Enterprise and delivered it to Prysmian on March 13, 2015.  Viktor Lenac Shipyard won the project worth more than EUR 22 million in February 2014. The conversion has transformed the Cable Enterprise from a moored cable laying barge into a DP2 cable laying […]

  • 10 June 2015

    Planning consent was given for construction of the world’s first tidal lagoon, in a boost to moving towards a low carbon, home grown energy mix. If built, turbines in the proposed six-mile horseshoe shaped sea wall around Swansea Bay in Wales could generate around 500GWh per year of low carbon electricity. Mark Shorrock, chief executive […]

  • 23 October 2015
    Business & Finance, Wind Farm Update

    Belgian Nobelwind offshore wind project has reached financial close, securing approximately EUR 655 million from investors and financial institutions, the project company Nobelwind SA confirmed to Offshore WIND this morning. The company, comprising Belgian offshore wind developer Parkwind NV, Japanese Sumitomo Corporation and Dutch investment fund Meewind, said the project is now ready to enter the construction phase, which is […]

  • 17 January 2017
    Wind Farm Update

    The German Federal Maritime and Hydrographic Agency (BSH) has issued the planning permission for the Gode Wind 3 offshore wind farm, allowing for multi-megawatt class turbines to be installed as part of the project. Following the permission, PNE WIND concluded the sale of the project to DONG Energy.

  • 8 January 2015

    In 2014 the WindFloat prototype (WF1), Demowfloat’s first installation in Portugal, reached another milestone, it passed the 10GWh mark and has now delivered 12.02GWh of renewable electricity to the grid. The prototype has been in operation for over 3 years and will continue to operate for some time in the future. During 2014 Principle Power […]

  • 10 May 2019
    Business & Finance

    German energy company EnBW reported an operating result (adjusted EBITDA) of EUR 118.6 million for its Renewable Energies segment in the first quarter of 2019, a 24.3% increase compared to the same period a year earlier. The increase in the segment’s adjusted EBITDA was driven partly by ”good wind conditions this spring, most of all with an […]

  • 23 January 2013
    Business & Finance

    Siemens is starting fiscal 2013 with solid figures. Compared to the same period last year, revenue increased slightly in the first quarter due to the good order backlog. Although new orders declined moderately year-over-year, the book-to-bill ratio was again above 1, having been below 1 for the previous three quarters in a row. Total Sectors […]

  • 22 November 2011

      SCOTLAND is the natural home to offshore renewable energy, with their abundant natural resources and long heritage… By Johanna Yates (scotsman) [mappress] Source: scotsman, November 22, 2011

  • 22 July 2014
    Business & Finance

    Generous subsidies for renewables are unsustainable and have contributed to electricity prices for residential consumers more than doubling in Germany, placing a strain on consumers and the economy there. In addition, renewable subsidies have clearly generated disequilibrium in the power markets, as well as value destruction for most stakeholders: consumers, renewable companies, electric utilities, financial institutions, and investors, according to […]

  • 4 November 2011

      The national economy is sputtering and the local economy on the Eastern Shore of Virginia has its challenges. So it’s nice to see good econo… (delmarvanow) [mappress] Source: delmarvanow, November 04, 2011

  • 21 March 2017
    Business & Finance, Grid Connection, Wind Farm Update

    Good Energy Group has signed an agreement with DONG Energy which will see the Chippenham-based renewable electricity supplier and generator source offshore wind power for its customers for the first time.

  • 6 November 2012

    The partners behind plans for Shetland’s first wave power scheme will tell island representatives this week that it is set to ramp up public consultation and environmental research off the south west mainland ahead of a planning application in 2015. The work planned for the Aegir scheme in 2013 will be outlined by European energy […]

  • 18 February 2015
    Business & Finance

    Iberdrola saw an increase in EBITDA of 3.1 per cent to EUR 6,964.5 million in 2014 while its net profit dipped 9.5 per cent to EUR 2,326.5 million. Underperformance comes as a result of Spanish government’s cut to renewable-power subsidies, the company said. However, Iberdrola’s CEO, Ignacio Galan, feels optimistic for the upcoming year. “We […]

  • 3 December 2014
    Authorities, Business & Finance

    The 2014 Project Pipeline Update to the Wales Infrastructure Investment Plan notes the potential for tidal lagoons to bring up to £5bn of private sector investment to Wales. The Swansea Bay Tidal Lagoon has also been named in the National Infrastructure Plan 2014, published by HM Treasury ahead of the Chancellor’s Autumn Statement. Chief Executive, […]

  • 1 June 2012
    Business & Finance

    BLG is 135 years old. “When you have managed to mold the experience and performance of 135 years into a successful concept for the future, you’re on the right path,” stated BLG’s CEO Detthold Aden at the Annual Shareholder’s Meeting in Bremen on May 31. The present-day BLG LOGISTICS GROUP AG & Co. KG as […]

  • 24 March 2011
    Business & Finance

    The offshore wind industry continues to face many challenges especially with the economic and political situation facing both Europe and… (environmental-expert) [mappress] Source: environmental-expert, March 24, 2011

  • 10 December 2014

    The G9 has developed two good practice guidelines for working at height and the management of small service vessels used in the offshore wind industry. Together with Energy Institute, the guidelines were published at an Stakeholder Forum event on 2 December. Benj Sykes, Head of Asset Management, DONG Energy Wind Power, and Chairman of the […]

  • 1 December 2015
    Environment, R&D

    The offshore wind industry has a broadly positive impact on human well-being, according to two new reports created by the Plymouth Marine Laboratory. ”Understanding the impacts of offshore wind on well-being” and ”Public perceptions of Offshore Wind Farms” represent the outcomes from a study by PML scientists, commissioned by The Crown Estate. The first review explores how […]

  • 11 November 2016
    Business & Finance

    Sif today reaffirmed the projected production of 183 ktons for the entire 2016, with a full order book for offshore wind and the order book for offshore oil and gas filled to the base load level. For 2017 and Q1 2018, the order book is filled up to 118 ktons and an additional 160 ktons are […]

  • 10 September 2012

    The exhibitors were satisfied, and there were streams of trade visitors from all parts of the world – SMM impressively confirmed its position again, as the number one stimulus event for the maritime industry in 2012. The 25th shipbuilding, machinery & marine technology international trade fair hamburg ended on 7 September, after four days of […]

  • 1 April 2020
    Wind Farm Update

    This winter, offshore wind energy covered some 9 percent of the total electricity demand in Belgium, which represents a 50 per cent increase over the annual average in 2019.

  • 5 September 2011

    An offshore wind energy generation project, in which floating buoys are attached to wind turbines, has more installation capacity and it… By Sneha Upadhyaya (utilityproducts) [mappress] Source: utilityproducts, September 05, 2011;

  • 13 July 2017
    Authorities, Business & Finance, Contracts & Tenders

    The election of French president Emmanuel Macron signals exciting opportunities in the French wind sector, where targets are in place for 32GW of onshore and offshore capacity by 2023, according to A Word About Wind’s Finance Quarterly.

  • 17 March 2017
    Technology, Wind Farm Update

    Scottish Minister for Business, Innovation and Energy Paul Wheelhouse granted planning consent to the two-turbine Dounreay Trì Floating Wind Demonstration Project on 17 March.

  • 28 April 2015
    Wind Farm Update

    The first two foundations sets for Kentish Flats Extension (KFE) offshore wind farm were lifted on board Osprey Carrier II barge on Saturday morning. With the barge fully loaded it was towed to Vlissingen in the Netherlands where the first load out will take place. The first set of foundations are due to hit the […]