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RCG Appoints New Director
News

RCG Appoints New Director

The Renewables Consulting Group (RCG) has appointed Dan Pearson as a Director and head of the firm’s expanding private equity and financial services practice. In his new role, Pearson will advise developers, technology companies, private equity and financial services firms, and other corporations on

about 11 years ago
SgurrEnergy Backs Galloper Offshore Wind Farm
News

SgurrEnergy Backs Galloper Offshore Wind Farm

SgurrEnergy, renewable energy consultancy, has supported the Galloper offshore wind farm, which will be located 27km off the coast of Suffolk and generate up to 336MW, to reach financial close. SgurrEnergy, a Wood Group company, conducted technical due diligence providing initial bankability feedbac

about 11 years ago
Windpower Lifts Acciona
Business & Finance

Windpower Lifts Acciona

Spain’s Acciona posted an attributable net profit of EUR 166 million in the first nine months of 2015, an 11.6% increase compared with the same period in 2014, mainly due to the growth in renewable power generation and the sales of wind turbines manufactured by Acciona Windpower in international mar

about 11 years ago
Fire Breaks Out on WFSV at Borkum Riffgrund 1
Vessels

Fire Breaks Out on WFSV at Borkum Riffgrund 1

One of the engine rooms of the Beaumaris Bay wind farm service vessel, deployed at the Borkum Riffgrund 1 offshore wind farm, caught fire on Saturday, 31 October. There is an update on this article. Read it here: No Fire on ‘Beaumaris Bay’ The German Maritime Search and Rescue Association (DGzRS) re

about 11 years ago
Principia Releases FEA Software for Offshore Wind Turbines
News

Principia Releases FEA Software for Offshore Wind Turbines

Principia, a French engineering and software development company, has launched DeepLines Wind™, a finite element analysis (FEA) software for offshore wind turbines. The software results from joined development efforts of Principia and IFP Energies nouvelles (IFPEN), a public research, innovation and

about 11 years ago
GE Finalizes EUR 9.7 Billion Alstom Power and Grid Deal
Business & Finance

GE Finalizes EUR 9.7 Billion Alstom Power and Grid Deal

U.S. conglomerate General Electric (GE) has completed the EUR 9.7 billion (USD 10.7bn) purchase of Alstom’s power and grid businesses, GE’s largest ever industrial acquisition, following the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan

about 11 years ago
Ming Yang CEO Makes a ”Going-Private” Pitch
Business & Finance

Ming Yang CEO Makes a ”Going-Private” Pitch

Chinese wind turbine designer and manufacturer China Ming Yang Wind Power Group Limited has received a preliminary non-binding proposal letter from its Chairman and Chief Executive Officer Chuanwei Zhang to buy all of the outstanding ordinary shares of the NYSE-listed company not already in his owne

about 11 years ago
ALL NRG Group Acquires WTG Partners
Business & Finance

ALL NRG Group Acquires WTG Partners

ALL NRG Group has acquired WTG Partners, a Danish wind turbine advisory and inspection company. WTG Partners is the fourth company acquired by ALL NRG Group, which says it aims to set up a one-stop-shop for wind turbine manufacturers and wind farm owners by bringing together suppliers in both offsho

about 11 years ago
MMT Wins Kriegers Flak Survey Job
Grid Connection

MMT Wins Kriegers Flak Survey Job

Energinet.dk has awarded a survey job for Kriegers Flak project to MMT. The Swedish company will undertake a geophysical and geotechnical survey of a 26 km long cable route corridor. As part of the Kriegers Flak Combined Grid Solution the Danish TSO Energinet.dk and the German TSO 50Hertz Transmissi

about 11 years ago
Greensolver Merges with PLY Energy
Business & Finance

Greensolver Merges with PLY Energy

Greensolver, the independent wind and solar farm asset manager, has merged with Dutch based developer and asset manager, PLY Energy. Under the terms of the agreement, PLY Energy will join the Greensolver brand to deploy joint services that include procurement and contracting, due diligence, construc

about 11 years ago
GeoSea to Install Galloper’s Foundations
Wind Farm Update

GeoSea to Install Galloper’s Foundations

GeoSea has been awarded a €340m contract to design, fabricate and install 56 steel monopile foundations at RWE’s Galloper offshore wind farm. The monopiles will be the heaviest that GeoSea has ever installed, weighing more than 1,100 tons. The installation at the offshore site is scheduled for the e

about 11 years ago
TKI: 40 Pct Cost Reduction Target Within Reach
Business & Finance

TKI: 40 Pct Cost Reduction Target Within Reach

The TKI Wind op Zee (Top consortium for Knowledge and Innovation Offshore Wind) has released a report which demonstrates the 40% cost reduction targets committed by both government and market parties in the Green Deal 2011 is within reach. The report, made by PwC and DNV GL, with support of Ecofys,

about 11 years ago
Bonheur Offshore Wind Division Q3 EBITDA Plummets
Business & Finance

Bonheur Offshore Wind Division Q3 EBITDA Plummets

Bonheur ASA, Norwegian holding company that operates in the offshore wind sector, among other activities, released its financial results for the third quarter. The group’s operating revenues marked a slight drop from NOK 3 411 million (EUR 365 milion), last year, to NOK 3 402 million (EUR 364.2 mill

about 11 years ago
Scotland Greenlights World’s Largest Floating Wind Project
Authorities

Scotland Greenlights World’s Largest Floating Wind Project

The Scottish Government has granted a marine licence to Statoil for the construction of Hywind Scotland project, the world’s largest floating offshore wind development. The pilot park will comprise five floating 6MW turbines installed approximately 25km off the coast of Peterhead, with a generating

about 11 years ago
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