DONG Energy will cover additional costs of UK businesses “going green”, so that they can access renewable electricity and achieve their sustainability ambitions without commercial disadvantage, the offshore wind developer informed today. “We are taking this bold step because we believe that all busi
Vattenfall’s Wind Business Area, the Swedish utility’s sector in charge of wind power operations, ended the first quarter of 2016 with an operating profit before depreciation, amortisation and impairment losses (EBITDA) of SEK 1.5 billion (EUR 164 million), a 12% increase compared to SEK 1.34bn EBIT
Her Majesty the Queen of Belgium christened the new offshore installation vessel of the Jan De Nul Group today. The vessel, named Vole au Vent, was christened in the Port of Ostend – the base port of Jan de Nul’s team for the Nobelwind (Bligh Bank Phase 2) project – in the presence of the family and
Norway-headquartered ship designer and shipbuilder Ulstein has launched its first ever wind farm service operation vessel (SOV) at its Ulstein Verft yard in Ulsteinvik. The SOV, yet to be officially named, is the first of two being constructed for Bernhard Schulte Offshore. She is chartered out to S
BladeMaker, a manufacturing centre set up to advance rotor blade production, was inaugurated yesterday in Bremerhaven. The Fraunhofer IWES, together with 15 partners, has coordinated the development of the new blade manufacturing centre. Scientists, rotor blade and component manufacturers, providers
Galloper Wind Farm Ltd (GWFL) has invited local residents to drop-in sessions on the Galloper offshore wind farm project being developed off the coast of Suffolk, UK. Members of the GWFL project team will be in the Leiston area on Friday 13th and Saturday 14th of May to host two drop-in sessions abo
DONG Energy is setting up an office in Taiwan to explore offshore wind opportunities in the Asia-Pacific region. The company is turning its attention to Asia-Pacific as the area has large potential for the development of offshore wind, Martin Neubert, the Chief Strategy Officer at DONG Energy Wind P
Mitsubishi Heavy Industries (MHI) and Vestas will both continue to have 50 per cent stake in their joint venture dedicated to the development and supply of offshore wind turbines. Namely, when the companies teamed up to serve the offshore wind industry in 2013, they agreed on equity ownership ratios
The first wind turbine foundations have been installed at the 350MW Wikinger offshore wind farm, Iberdrola, the owner and developer of the wind farm located in the German part of the Baltic Sea, said. The milestone was announced in the Spanish utility’s financial report for the first quarter of 2016
Renewables brought EUR 441.6 million net operating profit (EBITDA) to the Spanish utility Iberdrola in the first quarter of 2016, a 3.1% jump compared to the same period a year earlier, as the company’s renewables business reached 14,812 MW of installed capacity by the end of the first quarter. Over
K2 Management is currently carrying out comprehensive due diligence of the 500MW EnBW Hohe See offshore wind farm as part of its first full lenders’ technical advisor role for the project. Having completed the initial “bankability” review, K2 Management is now focusing in detail on the key technical
Low Carbon Contracts Company (LCCC), a UK government-owned company created to deliver key elements of the Electricity Market Reform Programme, confirmed that Contract for Difference (CfD) milestones for East Anglia ONE have been fulfilled. With the CfD milestones achieved and confirmed by the Low Ca
JR Rix & Sons Ltd and Boston Energy have formed a joint venture, BostonRix Wind Ltd, to offer a set of integrated services to offshore wind developers and OEMs. JR Rix & Sons Ltd is the parent company of the Humber-based wind farm support vessel owner and operator Rix Sea Shuttle, and the East Yorks
France has doubled the target for offshore wind capacity planned post-2023, according to the revised objectives for the development of renewable energy recently announced by the country’s Ministry of the Environment, Energy and the Sea. In its new energy investment plan, France initially called for
