Business & Finance
Ørsted Reveals German Offshore Wind Play
Ørsted has submitted bids in the second competitive offshore wind tender in Germany opened earlier this month, with the results expected within weeks, the company revealed in its financial report for the first quarter of 2018.
Ideol Finds Fresh Funds, Eyes International Growth
France’s Ideol has secured EUR 15 million funding from energy investor Kerogen Capital in order to accelerate the commercialization of its floating foundation solution in key geographies.
Ørsted Flies High on UK Offshore Wind
Danish offshore wind developer Ørsted reported DKK 3 billion (EUR 402.7 million) net profit in the first quarter of 2018, a 150% spike compared to the same period last year, largely due to a strong performance of operating wind farms in the UK.
Offshore Wind Leads Ampelmann to Germany
Ampelmann has opened an office in Hamburg in response to the growing business in the German offshore wind sector.
RCG Airs Online Offshore Wind Database
The Renewables Consulting Group (RCG) has released GRIP: Offshore Wind, the first phase of the online Global Renewable Infrastructure Projects (GRIP) platform, which covers offshore wind projects worldwide.
Saitec Sends SATH Floating Platform to France
Spanish floating wind platform developer Saitec Offshore Technologies has been awarded three weeks at IFREMER’s wave basin facilities in France to further validate and develop its SATH technology due to funding from the European network Marinet2.
Koreans Back Swedish Multi-Turbine Floater
Swedish floating turbine platform designer Hexicon AB has agreed to join forces with South Korean integrated service provider COENS Co Ltd and form a joint venture company in Korea to be named CoensHexicon Co. Ltd.
Technostrobe and ITO Navaids Bring Light to EU Offshore Wind Farms
Technostrobe, a Canadian manufacturer of obstruction lighting systems for air navigation, has entered the European offshore wind market with the acquisition of a majority interest in ITO Navaids, a Dutch company specializing in marine navigation aids.
Sussex Sees First Rampion Cash
Rampion Offshore Wind Ltd. and the Sussex Community Foundation have distributed the first grants from the GBP 3.1 million Rampion offshore wind farm community fund set up last year to benefit communities across Sussex, UK.
MHI Vestas 9.5MW Turbine to Debut on Northwester 2
Belgian offshore wind developer Parkwind has selected MHI Vestas 9.5MW wind turbines for the Northwester 2 offshore wind farm.
GWEC: Offshore Wind Spreading Like Wildfire
The Global Wind Energy Council (GWEC) has released its Global Wind Report: Annual Market Update, showing a maturing industry successfully competing in the marketplace, even against heavily subsidized traditional power generation technologies.
GICON Floater Secures Marinet2 Funds, Schedules Further Tests
The Endowed Chair of Wind Energy Technology at the University of Rostock (LWET) has been awarded the funding for further tank tests of the GICON SOF Tension Leg Platform (TLP) floating turbine foundation within the framework of the European funding network Marinet2.
Ørsted Goes Large-Scale with UK Battery Storage Project
Ørsted will build and operate a 20MW battery storage project near Liverpool, UK, which will be used to help the National Grid manage grid stability during changes between peak and low power demand.
Parkwind Joins Belgian Power-to-Gas Venture
Belgian offshore wind developer Parkwind has teamed up with green energy producer Eoly, part of Colruyt Group, and gas transmission specialist Fluxys to build an industrial-scale power-to-gas installation that converts green electricity into green hydrogen that can be transported and stored in the e