1072 results found for 'third round'

1072 results found for 'third round'
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  • Vestas Lowers Full-Year Operating Profit Margin Guidance

    3 November 2021
    Business & Finance

    Danish wind turbine manufacturer Vestas has lowered its full-year operating profit margin guidance from the previous five to seven percent to around four per cent, citing the impacts of the supply chain instability and cost inflation caused by the COVID-19 pandemic. ”Based on how 2021 has evolved and how we expect to finish the year, […]

  • Six UK Offshore Wind Projects Pass First CfD Milestone

    6 May 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Six offshore wind projects under development in the UK, with a total installed capacity 5.5 GW, have passed their Milestone Requirement (MR), Low Carbon Contracts Company (LCCC) reported. The MR is the first significant milestone for projects awarded Contracts for Difference (CfDs), as it requires developers to demonstrate their commitment to delivering the project. The […]

  • UK: Crown Estate Leases Three Sites for Wave and Tidal Energy Projects

    30 April 2012

    The Crown Estate has announced three further agreements for lease for wave and tidal energy projects. The sites result from the third application window in the leasing process for projects in connection with the Scottish Government’s Saltire Prize (in Scottish waters) and demonstration projects (all around the UK), which opened in October 2011. Voith Hydro […]

  • The Netherlands: Fugro Expects 8.8 pct HY1 Net Profit Growth

    21 May 2012
    Business & Finance

    The year 2012 started with improved performance compared to the same period in 2011. The oil price remained on average around USD 120 per barrel (Brent). The sustained high levels of exploration and production spending by the oil and gas industry result in continued improvement of Fugro’s related activities. Geoscience Fugro has built good backlog […]

  • Collaboration Key to Growth, Research Says

    15 April 2015
    Business & Finance

    New research has underlined the need for greater regional cooperation amongst offshore renewables projects. The research was conducted by Invest in Cornwall with 41 industry professionals at Wave & Tidtal 2015, held at the EICC between 25th and 26th February 2015. Acquiring funding is perceived to be the biggest challenge to the industry over the next five […]

  • Scotland Nods to Sleeker Inch Cape Offshore Wind Farm

    18 June 2019
    Authorities, Wind Farm Update

    The Scottish government has approved the proposed changes to the Inch Cape offshore wind farm which allows for the installation of fewer but larger capacity wind turbines. Inch Cape Offshore Limited (ICOL) said this is a key milestone for the project as it prepares to bid for the third Contract for Difference (CfD) funding allocation […]

  • Ørsted Opens New Round of Walney Extension Skills Fund

    29 April 2019
    Business & Finance

    Ørsted has launched the third annual round of its Walney Extension Skills Fund, dedicated to coastal areas of Lancashire and Cumbria in the UK. GBP 50,000 is available to organizations that can develop and deliver Science, Technology, Engineering and Maths (STEM) related training or education courses, a one-off event, or a program of targeted events. The full amount may be […]

  • DEME Orders Tekmar Kit for Dogger Bank Wind Farm

    17 December 2021
    Contracts & Tenders, Grid Connection, Wind Farm Update

    DEME Offshore has selected Tekmar Energy Limited to supply Cable Protection Systems (CPS) for the Dogger Bank Wind Farm in the UK. Tekmar Energy has signed a contract with EPCI contractor DEME Offshore to design, manufacture, and supply Generation 10 TekTube CPS to protect subsea inter-array cables on the first two phases of the wind […]

  • France: Technip Publishes Q3 Results

    25 October 2012
    Business & Finance

    On October 23, 2012, Technip’s Board of Directors approved the third quarter 2012 consolidated financial statements. Third Quarter 2012 Results: Order intake of €2.8 billion Record backlog of €13.5 billion, of which €6.1 billion in Subsea Revenue of €2.1 billion Operating margin of 10.3% Net income of €146 million Full Year 2012 Outlook: Group revenue […]

  • UK: East Anglia Becomes Hot Offshore Wind Topic

    8 May 2012

    The East of England Energy Zone development programme has been put in the place as delegations have been working to raise the profile of the region both in the UK and internationally, according to EDP24. Fendercare, CLS Offshore and Gardline recently joined a group from the Norfolk and Suffolk Energy Alliance (NSEA) at the wind […]

  • UK Targets 12 GW of Renewables in Round 4 CfD Auction

    24 November 2020
    Authorities, Contracts & Tenders

    The UK government aims to support up to 12 GW of renewable energy projects in the fourth round of the Contracts for Difference (CfD) scheme. Set to open in late 2021, the Round 4 CfD auction will divide renewable technologies into three so-called ‘pots’. Pot 1 is reserved for established technologies such as onshore wind […]

  • Iberia Primed For Floating Wind – Study

    3 December 2020
    Business & Finance, Jobs & Recruitment, Operations & Maintenance, Ports & Logistics, R&D, Technology

    The floating wind industry could create up to 50,000 direct and indirect jobs in Spain and Portugal over the next two decades, according to a study launched by EIT InnoEnergy. The study, entitled “Iberia as a hub for technology development and industrial leadership in the field of floating wind offshore energy”, found that the floating […]

  • FORCE’s Cable Safety Zone Needs Modifications, Fishermen Say

    17 December 2014
    Environment, Grid Connection, Vessels

    Fundy Ocean Research Center for Energy, FORCE, held a meeting yesterday in Truro where they met local fishermen. Besides upcoming activities, the main topic of this event was the proposed safety zone around recently laid cables in Minas Passage that sparked discussion with lobster fishermen in this area, according to Truro Daily News portal. They […]

  • Polish Offshore Wind Foundation Manufacturer Put Up for Sale One Last Time

    13 February 2023
    Business & Finance

    The Official Receiver of the insolvent Polish manufacturer of offshore wind foundations, ST3 Offshore, is putting the company up for sale once again. This is most likely the last time buyers are invited to take over ST3 Offshore as a complete entity, following several earlier attempts to sell the company over the past few years. The […]

  • ScottishPower, HSM Offshore Energy Sign East Anglia Two Substation Contract

    8 April 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Grid Connection, Manufacturing, Offshore Platforms, Supply Chain

    ScottishPower Renewables, part of Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning (EPCIC) contract to the Dutch company HSM Offshore Energy for the offshore substation and jacket foundation for the East Anglia Two offshore wind farm in the UK. HSM Offshore Energy will deliver the 5,100-tonne offshore high-voltage substation and its 3,700-tonne jacket […]

  • Two US States Greenlight Four New Offshore Wind Farms

    18 December 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    The US States of Maryland and Massachusetts have selected a total of four new offshore wind projects in their latest solicitation rounds, enabling the addition of more than 3.2 GW of new offshore wind capacity in the country that set its 2030 target to 30 GW at the beginning of this year. On 17 December, […]

  • Cadeler’s Latest A-Class Vessel to Feature Kongsberg Tech

    26 August 2024

    COSCO Shipping Heavy Industry has awarded Kongsberg Maritime a contract to supply a technology package for Cadeler’s latest A-class wind turbine installation vessel (WTIV), which is currently under construction in China. This is the fifth Cadeler offshore installation vessel to be built at COSCO’s Qidong yard in China, all equipped with Kongsberg Maritime systems. The […]

  • Eni Completes Dogger Bank Stake Buy

    26 February 2021
    Business & Finance, Wind Farm Update

    Italian oil and gas major Eni has completed the acquisition of a 20 per cent stake in the 1.2 GW Dogger Bank A and the 1.2 GW Dogger Bank B offshore wind farms in the UK. Eni bought the stakes from Equinor (10 per cent) and SSE Renewables (10 per cent). Following this transaction, the […]

  • Eni Completes Dogger Bank C Stake Buy

    11 February 2022
    Business & Finance, Wind Farm Update

    Italian oil and gas major Eni has completed the aquisition of a 20 per cent stake in the 1.2 GW Dogger Bank C offshore wind farm in the UK. Eni bought the stakes from Equinor (ten per cent) and SSE Renewables (ten per cent). Eni is already a partner with SSE Renewables and Equinor on […]

  • Offshore Wind Growth Continues in Germany

    21 July 2014

    Deutscher WindGuard has published the latest edition of its biannual statistics on offshore wind power for the first half of 2014 on behalf of German engineering association VDMA Power Systems and the German Wind Energy Association (BWE). 30 offshore wind turbines with a total capacity of 108 megawatts were connected to the grid in the first […]

  • Ørsted Buys Into Baltica 2 & 3 OWFs in Poland

    10 February 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted and PGE Polska Grupa Energetyczna have signed an agreement to form a 50/50 joint venture for the development, construction and operation of the 1.5 GW Baltica 2 and 1 GW Baltica 3 offshore wind farms in Poland. The agreement was signed following negotiations that PGE and Ørsted started back in October 2019. Almost a […]

  • Interim Financial Report, Third Quarter 2010 (Denmark)

    26 October 2010
    Business & Finance

    Vestas reported a third-quarter profit and a positive free cash flow following the loss in the first half year of 2010. Vestas generated third-quarter revenue of EUR 1,722m against EUR 1,814m in the year-earlier period. EBIT margin was 10.7 per cent, against 13.5 per cent in the third quarter of 2009. Net working capital stood […]

  • Ofgem Inviting Bids for Investment in New Interconnectors

    13 December 2021
    Authorities, Business & Finance, Grid Connection

    UK energy market regulator Ofgem is inviting bids to bring forward investment in new electricity interconnectors under its ‘cap and floor’ revenue regime.

  • RWE to Deploy Collared Monopiles at Kaskasi Offshore Wind Farm

    30 November 2020
    R&D, Technology, Wind Farm Update

    German energy company RWE will introduce the so-called ‘collared monopiles’ on the Kaskasi offshore wind farm in the German North Sea. Designed based on an RWE patent, the collars will be installed around three monopile foundations at seabed level. According to RWE, the new foundation technology will provide additional support for lateral loading, increase the […]

  • Export Cable Installation to Start at Third Dogger Bank Wind Farm Phase

    26 March 2024
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Wind Farm Update

    The installation of export cables at Dogger Bank C, the third phase of the 3.6 GW Dogger Bank Wind Farm in the UK, is scheduled to start in early April. The work will be performed in three campaigns to install three sections of export cable, with the first campaign starting on or around 9 April […]

  • VIDEO: First Wind Turbine at Gwynt y Môr OWF

    14 June 2013

    The first of 160 wind turbines has been installed at the flagship North Wales Gwynt y Môr Offshore Wind Farm, the largest renewables project under construction by RWE npower renewables. It marks a major milestone in the construction of the €2billion windfarm which, once fully operational, will be capable of generating enough energy from the […]