Danish O&M jack-up services provider DBB Jack-Up Services A/S has placed a EUR 100 million senior secured bond, the proceeds of which will be used to refinance the company’s existing debt. The bonds, maturing in 2019, will be listed on Oslo Stock Exchange within one year from the issue date. The com
A £2.5 million complex of offices and warehouses aiming to house offshore wind businesses has opened in Birkenhead, Wirral. Called the Lightbox, the site has been developed by Capital and Centric Plc, and funded with £895,000 from Wirral Council after they secured £5 million from the Government’s Re
The Danish-Swiss wind turbine optimizer ROMO Wind is extending its business activities to France, offering local contact and support for the company’s spinner anemometer technology iSpin which is now available to French wind farm operators. Guillaume Steinmetz has been appointed to the position of a
Berlin-headquartered conglomerate Siemens AG saw its bottom line for the fourth quarter of 2015 boosted by EUR 72 million net profit recorded in the company’s wind power and renewables arm. Siemens added EUR 2.716 billion of new orders through the wind power and renewables department in the quarter
German municipal utility Trianel has partnered up with compatriot Gesy Green Energy Systems to jointly market and sell the electricity produced at the 200MW Trianel Wind Farm Borkum situated in the North Sea. With the latest agreement, the combined portfolio of the two companies now stands at 3.5GW.
Offshore wind boosted RWE Innogy’s operating result, which rose by €251 million to €280 million year on year, RWE Group reported in its results for the first three quarters of 2015. This was due in particular to the commissioning of the new wind farms Gwynt y Môr off the coast of North Wales and Nor
UK-based marine service provider Marine and Towage Services Group Ltd. (MTS) has completed the charter to deliver the Sea Slice, a specialist offshore vessel, to its new Danish owners, Advanced Offshore Solutions. The 1996-built Sea Slice, originally designed as an experimental vessel for the US Nav
Vattenfall has sold 88 older turbines from 19 wind farms on Jutland with a total capacity of 65 MW to Green Power Partners K/S for undisclosed sum. The sale of a number of smaller wind farms on Jutland will allow Vattenfall to focus specifically on large onshore and offshore wind power projects. “Th
BMT Asia Pacific, IT Power and Ramboll have completed the second phase of their project that started in 2014 with an aim to provide Taiwan’s offshore wind industry with a series of guidelines for the future developments around the island. The first phase of the project provided guidelines for the de
The Sustainable Energy Authority of Ireland (SEAI) has signed a Memorandum of Understanding with Apple to promote the development of ocean energy in Ireland. Apple has committed a €1 million fund that will help developers who receive an SEAI grant to test their ocean energy prototypes in the Galway
German engineering consultancy Gicon has received permission from a governmental agency to feed 2.3MW of grid connection capacity through the country’s first floating offshore foundation – GICON®-SOF. On 3 November 2015, Edelstahl und Umwelttechnik Stralsund GmbH (ESG), a member of the Gicon Group,
A windy and rainy summer in Scotland and Ireland helped the Perth-based energy company SSE plc improve its total operating profit and profit before tax for the six months to September 30 2015, with over one third of the company’s energy output coming from renewables. SSE reported GBP 701.9 million t
Scotland will miss its 100% renewable electricity target set for 2020 without further investments in offshore and onshore wind, according to a new report published by Scottish Renewables. The study shows Scotland is on course to generate the equivalent of 87% of its annual demand for power from rene
Germany’s utility E.ON reported an all-time-high EUR 5.7 billion net loss for the first nine months of 2015, largely due to the impairment charges of EUR 8.3 billion recorded in the quarter ended September 30, coming from writedowns in the company’s power plants and its oil and gas division. The com
