Hexicon Ltd has successfully completed a rights issue of 11.4 MSEK (EUR 1.23 million) to secure the development of Hexicon’s innovation for offshore wind at deep waters. The rights issue allows a faster and more robust implementation of the new strategy to develop floating platforms for offshore win
Siemens has installed a fourth offshore platform in the North Sea, completing an important stage for grid connections of sea-based wind farms. This is the platform for the SylWin1 DC link, which is the most powerful of the four offshore wind power grid connections contracted to Siemens by the German
The UK Green Investment Bank (GIB) has today announced two new senior appointments. Nick Gardiner will take on the role of Managing Director, Offshore Wind and Karl Smith will take on the role of Fund Managing Director. Gardiner will lead GIB’s offshore wind direct investment team. Since its launch
Danish Energy Association (DEA) has investigated what it costs to set up different types of plants for electricity generation. According to the research, electricity generated by onshore wind turbines is the cheapest with just over 30 ører (4 cents) per kWh. Offshore wind power, new centralised coal
A wedding was celebrated on the Nordsee Ost offshore wind farm construction site of RWE Innogy: This is what the construction process is called when the foundation is successfully married to the substation platform. As a result the sea-based transformer substation and all its electrical components h
TenneT Holding B.V. refinanced its existing EUR 1,125 million and EUR 500 million revolving credit facilities with a single facility of EUR 2 billion. The pricing of the facility, which can be used for general corporate purposes, was decreased and the maturity date was extended to July 2019 with two
The Fundy Ocean Research Center for Energy (FORCE) is planning to conduct a barge anchoring project in the Minas Passage between July 21 and August 7, 2014. A number of vessels will be involved in this operation, including a barge and tugs. The vessels will maneuver and hold station in the Minas Pas
GIA announced the launch of a major research program analysing the trends impacting the market for “Wind Power”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new repo
NaiKun Wind Energy Group Inc. announced the quarterly issuance of shares to the company’s directors and CEO. Effective April 1, 2010, as stated in the Company’s news release of May 20, 2010, compensation to members of the Board was reduced by 50%. As part of the reduced Board compensation it was als
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 megawa
Seaway Installs Sylwin Alpha Converter Platform Under the direction of Seaway Heavy Lifting, one of the world’s largest converter platforms has been installed off Sylt, an East Frisian Island. MHI Vestas Planning 10 MW Turbine? Vestas revealed it is planning to test what could be the world’s largest
EnBW Energie Baden-Württemberg AG is building a permanent operation base for its Baltic 2 offshore wind farm at the site of the Rostock power station. From there, EnBW will coordinate service assignments at the wind farm. Along with its own employees that the company will bring there, EnBW will also
FORCE, in partnership with Nortek Scientific, a Canadian centre of excellence in acoustic Doppler processing, is developing the world’s first instrument to accurately measure turbulence throughout the water column – called a Vectron. A leap forward in site characterization, the Vectron generates hig
Dutch-based Delta Lloyd is one of the insurance companies that will insure the construction and the first three years of operation of the Gemini offshore wind farm in the Dutch part of the North Sea. The Gemini wind farm is one of the largest offshore wind farms to be constructed. It is expected to
