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Sif Lays Good Foundation for 2017
Business & Finance

Sif Lays Good Foundation for 2017

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 […

about 10 years ago
Grid Expenses Hurt innogy’s Earnings
Business & Finance

Grid Expenses Hurt innogy’s Earnings

innogy, a renewable energy, retail and grid spin-off of the German energy company RWE, issued its first independent financial report following the Initial Public Offering (IPO) in October, reporting a dip in earnings in the first nine months of 2016. The results were negatively affected by high expe

about 10 years ago
RTE Seeks UXO Surveyors for Two French Offshore Wind Farm Projects
Authorities

RTE Seeks UXO Surveyors for Two French Offshore Wind Farm Projects

French transmission systems operator RTE (Réseau de transport d’électricité) has invited tenders to determine the presence of unexploded ordnance (UXO) along the proposed export cable routes for the Le Tréport and Yeu Noirmoutier offshore wind farms. RTE is looking for a provider of geotechnical inv

about 10 years ago
GERMANY UPDATE
News

GERMANY UPDATE

Since the last time we looked at the status of Germany’s offshore wind industry only two years ago in July 2014, the number of operational offshore wind turbines has jumped from just 141 capable of producing 616MW to 835 grid connected turbines capable of 3,552MW in July 2016 and another 54 installe

about 10 years ago
Boskalis Has Wind at Its Back
Business & Finance

Boskalis Has Wind at Its Back

Royal Boskalis Westminster today reported that both revenue and operating profit were higher in the third quarter of 2016 than the average seen in the first two quarters of the year, with the increase wholly attributable to the contribution from the offshore activities acquired from VolkerWessels, w

about 10 years ago
New East Anglia ONE Contracts Up for Grabs
Business & Finance

New East Anglia ONE Contracts Up for Grabs

Developers of the 714MW East Anglia ONE offshore wind farm will hold an East of England supply chain event in the new year to announce new contracts, ScottishPower Renewables’ Charlie Jordan, director of the GBP 2.5 billion project, said. More than 450 hopeful suppliers had already registered on Sco

about 10 years ago
Triton Knoll Has Eyes on CfD Prize
Authorities

Triton Knoll Has Eyes on CfD Prize

The developers of the 900MW Triton Knoll offshore wind farm have welcomed the UK government’s confirmation that the next Contracts for Difference (CfD) auction will open in April 2017, adding that the project is well prepared to submit a bid into the next auction and is in an excellent position to c

about 10 years ago
Final Rampion Foundation Piled into Seabed
Vessels

Final Rampion Foundation Piled into Seabed

Jack-up vessels MPI Discovery and Pacific Orca have completed the installation of 116 turbine foundations at the 400MW Rampion wind farm off Sussex, E.ON reports. The installation has been completed on schedule, E.ON said. Work to install the first foundations began in early February and was put on

about 10 years ago
MCS SWATH 1 Outperforms Other CTVs Working on OWF
Vessels

MCS SWATH 1 Outperforms Other CTVs Working on OWF

Maritime Craft Services reported that the latest addition to its fleet, MCS SWATH 1, has outperformed all other crew transfer vessels (CTVs) at the wind farm they are working on, which the company left unnamed. According to the vessel’s AIS, MCS SWATH 1 is currently deployed at the Gode Wind offshor

about 10 years ago
EnBW’s Offshore Wind Has Its Ups and Downs
Business & Finance

EnBW’s Offshore Wind Has Its Ups and Downs

German utility EnBW’s Renewable Energies department recorded an operating result (adjusted EBITDA) of EUR 223.2 million in the first nine months of 2016, a 42.8% jump compared to EUR 156.3 million EBITDA reported for the first three quarters of 2015, mainly due to the full commissioning of the EnBW

about 10 years ago
Siemens Wind Power’s Q4 2016 Profit Up Despite Thinner Orderbook
Business & Finance

Siemens Wind Power’s Q4 2016 Profit Up Despite Thinner Orderbook

Siemens Wind Power and Renewables recorded an 84% rise in profit in the fourth quarter of the Fiscal Year 2016 despite a 56% slide in orders received compared to the fourth quarter of 2015. The profit in the company’s renewables division was EUR 132 million in Q4 FY 2016, compared to EUR 72 million

about 10 years ago
SBM Details Floating System for EDF’s Provence Grand Large Project
Technology

SBM Details Floating System for EDF’s Provence Grand Large Project

As reported last week, SBM Offshore will deliver the floating platforms for the pilot wind energy project EDF EN will set up off the French coast, after being selected by the French government as one of the two new winners at the floating wind tender. SBM today provided details related to its part o

about 10 years ago
E.ON’s Offshore Wind Comes On In Leaps and Bounds
Business & Finance

E.ON’s Offshore Wind Comes On In Leaps and Bounds

German energy company E.ON’s offshore wind division recorded adjusted earnings before interest and tax (EBIT) of EUR 243 million in the first nine months of 2016, a 196.4% rise compared to EUR 82 million reported for the same period a year earlier. The improved performance was attributed to Amrumban

about 10 years ago
E.ON Setting the Stage for Skilled Workforce
Training & Education

E.ON Setting the Stage for Skilled Workforce

Three young people from the local area have been awarded paid apprenticeship at E.ON’s Scroby Sands Offshore Wind Farm base in Great Yarmouth, as they embarked on a four-year apprenticeship programme launched by the company in September. The programme will provide them with an Advanced Level Apprent

about 10 years ago
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