German wind turbine manufacturer Senvion has reached an agreement with its lenders which gives financial support for the continuation of its business until the end of August and potentially for a period thereafter if ongoing talks with lenders can be concluded successfully. As reported earlier, Senv
Vattenfall has allocated the first grants from the European Offshore Wind Deployment Centre (EOWDC) fund to community groups across Aberdeen committed to a fossil fuel-free future. The Unlock our Future Fund was designed following feedback to focus on projects and activities that support local commu
Siemens Gamesa reported a 12% year-on-year increase in revenue in the first nine months of the 2019 fiscal year, to EUR 7,283 million, driven by record activity in offshore wind. Siemens Gamesa also saw a 23% rise in revenue year-on-year in the third quarter, amounting to EUR 2,632 million, said to
German utility EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of EUR 1 billion which will be used to fund offshore and onshore wind projects and photovoltaics. This makes EnBW the first German green hybrid bond issuer, the company said. Rating agenc
RPS Group has secured Level 2 certification from DNV GL for its Floating LiDAR technology. According to RPS, the certification qualifies the RPS Lidar 4.5 buoy type to collect bankable wind resource data for the development of offshore wind farms. The news comes after a six-month validation deployme
Northern Ireland’s coastline is not suitable for fixed offshore wind farm development, according to a report by the Department of Economy. The report writes that as 99% of Northern Ireland’s potential offshore wind sites are located within 13km off the coast the visual impact would represent a signi
The European Commission has approved the support for six French offshore wind farms selected in the country’s first two tendering rounds. The projects include Courseulles-sur-Mer, Fécamp, Saint-Nazaire and Saint-Brieuc from the Round 1 tender in 2012, as well as Round 2 winners Dieppe-Le Tréport and
The Supergen Offshore Renewable Energy Hub has awarded UK universities with nearly GBP 1 million to support research projects on offshore renewable energy in the first round of its Flexible Fund. The Flexible Fund has been established to allow UK researchers to assess a number of key offshore renewa
Dutch heavy lift and transportation specialist Mammoet has signed an agreement to acquire the UK-based heavy lift and transportation provider ALE. Both companies are specialists in engineered heavy lifting and transport for sectors such as the petrochemical industry, renewable energy, power generati
Poland’s Port of Gdynia, Kosakowo commune and the cities of Rumia and Gdynia have signed a Letter of Intent (LoI) for offshore wind in the Polish Baltic Sea. The signatories plan to invest in and operate onshore facilities for offshore wind farm construction off the southern coast of the Baltic Sea.
Europe added 1.9GW of new offshore wind capacity in the first half of 2019, up from the 1.1GW installed in the same period last year, according to WindEurope. Countries that contributed to the new installations are the UK with 931MW, including Ørsted’s Hornsea Project One offshore wind farm, Denmark
EnBW reported an operating result of EUR 204.9 million in the Renewable Energies division in the first half of 2019, a 24.3% rise on the previous year. According to EnBW, the increase in adjusted EBITDA is mainly due to the overall improvement in wind conditions at offshore and onshore wind farms in
The Offshore Wind Industry Council (OWIC) has set up a new task force aimed at helping increase the number of skilled people working in the UK’s offshore wind sector. The Investment in Talent Group is developing a passporting system to ensure all parts of the energy sector recognize transferable ski
The development, construction and 25-year lifetime operation of Scotland’s largest offshore wind farm, Beatrice, is expected to generate GBP 2.4 billion of value for the UK economy, a new analysis has found. The 84 turbine, 588MW Beatrice offshore wind farm – the fourth largest offshore wind farm in
