In the first quarter of 2014, Vestas generated revenue of EUR 1,283m, an increase of 17 per cent to the year-earlier period. EBIT before special items increased by EUR 148m to EUR 40m due to improved project margins, higher revenue, lower fixed capacity costs and lower depreciation. The EBIT margin
DHI United Kingdom (UK), in collaboration with NIRAS UK and BirdLife Denmark, has been awarded an innovative research project investigating collision risks of birds at offshore wind farms. The problem of birds colliding with turbine blades is one of the most significant predicted environmental impac
Gamesa ended the first quarter of 2014 with 17 million euros in net profit, more than double the figure of 7 million euros posted in the same quarter last year. These figures reflect the improvement in profitability, with an EBIT margin of 6% (up from 4.4% in 1Q 2013), and the return to growth in [&
Alstom is part of a team to receive a $47M grant from the US Department of Energy (DOE) for phase II of the Virginia Offshore Wind Technology Advancement Project (VOWTAP) led by Dominion Virginia Power. This next phase includes the completion of Front End Engineering Design (FEED), installation and
Vattenfall’s Board of Directors has appointed Magnus Hall as the new President and CEO of Vattenfall. He will succeed Øystein Løseth and take on his new position as of October 1, 2014. Magnus Hall most recently held the position of president and CEO of forest company Holmen, where he worked for 29 y
Louisiana-based Keystone Engineering Inc. will supply the engineering and design works for its patented Inward Battered Guide Structure, or “twisted jacket”, a wind turbine support structure for two of the three projects selected by the US Department of Energy to receive up to $47 million in US gove
In a major advancement for the Block Island Wind Farm, Deepwater Wind has received the first major environmental permit approvals needed to begin deployment of this path-breaking project. The Rhode Island Department of Environmental Management (RIDEM) issued Deepwater Wind Water Quality Certificates
DeepOcean has opted for the new concept Leopard ROV from Saab Seaeye. Rick Green, Regional Manager Netherlands at DeepOcean, said: “Environmentally we wanted an electric vehicle – yet one with work class performance. “For our application the Leopard gives us the equivalent capability of a much large
Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil and gas platforms and offshore wind farms. Core’s grouting capability allows Acteon to offer a complete suite of offshore fo
Planning Inspectorate has accepted application for the proposed Navitus Bay offshore wind farm which was submitted on 10 April 2014. Sir Michael Pitt, Chief Executive, Planning Inspectorate said. “After careful consideration we have decided on behalf of the Secretary of State that the application su
The French government has opposed General Electric’s (GE) current bid of USD 16.9 billion for Alstom, describing it as “not good enough.“ In a letter to the American company, French economy minister Arnaud Montebourg wrote: “As it stands, we unfortunately cannot support the proposals you have made.“
Principle Power, Inc. welcomed the U.S. Department of Energy’s (DOE) selection of the WindFloat Pacific project for $47 million in matching grant funding, and deal with Deepwater Wind to complete the development of the WindFloat Pacific project. DOE funding will accelerate the development of the 30-
Gulf Marine Services, the provider of self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, published its Interim Management Statement for the period 1 January to 7 May 2014. The Group has a very significant backlog (the order book at the end of Ma
The developers of the Fécamp offshore wind farm have chosen to demonstrate and install Seatower’s patented Cranefree Gravity® foundation design. The Fécamp project, being jointly developed by EDF Energies Nouvelles, DONG Energy and wpd offshore, is located 13km off the coast of Normandy. The Fécamp
