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Business & Finance

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Triton Knoll Keeps Innogy On Track
Business & Finance

Triton Knoll Keeps Innogy On Track

German utility innogy has maintained the yearly outlook for the Renewables division’s business performance despite a 20% drop in division’s Adjusted EBIT in the first three quarters of 2017.

about 8 years ago
Half of Walney Extension Officially in Hands of PKA and PFA
Business & Finance

Half of Walney Extension Officially in Hands of PKA and PFA

Ørsted completed the divestment of 50% of its 659MW Walney Extension offshore wind farm to PKA and PFA today, 10 November.

about 8 years ago
Boskalis Continues Subsea Push as VBMS Stays Busy
Business & Finance

Boskalis Continues Subsea Push as VBMS Stays Busy

Royal Boskalis Westminister is proceeding with a plan set out earlier this year to boost its presence in the subsea services market, after posting solid results in the segment in the third quarter of 2017.

about 8 years ago
Senvion Nine-Month Figures Get an Offshore Kick as Q3 Sees Slowdown
Business & Finance

Senvion Nine-Month Figures Get an Offshore Kick as Q3 Sees Slowdown

Senvion posted an increase in revenues at its offshore segment for the first nine months of 2017, however, the third quarter itself saw a decline compared to Q3 2016. The offshore revenues are driven by the completion of wind turbine installation at Nordsee One, which especially reflected on the res

about 8 years ago
EnBW: We Will Continue Investing Heavily in Wind Power
Business & Finance

EnBW: We Will Continue Investing Heavily in Wind Power

EnBW plans to continue the strategic reorientation and invest heavily in growth areas such as the Grids and Renewable Energies segments, with a particular focus on wind power, the German energy company’s Chief Financial Officer (CFO) Thomas Kusterer said.

about 8 years ago
Sif on Track for Record Annual Production in 2017
Business & Finance

Sif on Track for Record Annual Production in 2017

Dutch offshore foundations manufacturer Sif expects to end 2017 with a record annual production of around 222 Kton following solid results posted for the third quarter of the fiscal year.

about 8 years ago
New Offshore WIND International Business Guide Coming in February
Business & Finance

New Offshore WIND International Business Guide Coming in February

The 7th edition of our annual Offshore WIND International Business Guide (IBG) will be published in February 2018.

about 8 years ago
Subsea 7 Q3 Results Get Beatrice Boost
Business & Finance

Subsea 7 Q3 Results Get Beatrice Boost

Subsea 7 reported a revenue of USD 1,063.3 million (approx. EUR 916 million) for the third quarter of 2017, a 15% increase compared to Q3 2016, largely due to increased activity in the renewables sector with the Beatrice project being in the spotlight.

about 8 years ago
Siemens In Charge Of Electrical Infrastructure on Moray East Offshore Wind Farm
Business & Finance

Siemens In Charge Of Electrical Infrastructure on Moray East Offshore Wind Farm

Moray Offshore Windfarm (East) Ltd and Siemens have signed a Preferred Bidder Agreement (PBA) for the onshore works, and offshore substation platform topsides for the 950MW Moray East offshore wind farm.

about 8 years ago
UK Companies to Help Boost Chinese Offshore Wind
Business & Finance

UK Companies to Help Boost Chinese Offshore Wind

The Offshore Renewable Energy (ORE) Catapult has launched a new research programme aiming to accelerate Chinese offshore wind development with the help of UK companies.

about 8 years ago
Adwen Employees Hit as Siemens Gamesa Plans Up to 6000 Lay-Offs
Business & Finance

Adwen Employees Hit as Siemens Gamesa Plans Up to 6000 Lay-Offs

Siemens Gamesa’s ongoing integration of legacy structures will affect up to 6,000 employees and, being part of Siemens Gamesa, Adwen is no exception with some of its people soon to lose their jobs after negotiations with the works council began in May.

about 8 years ago
Rampion Champions Local Communities
Business & Finance

Rampion Champions Local Communities

Rampion Offshore Wind Ltd. is launching a GBP 4 million Rampion offshore wind farm community fund which is set to benefit communities across Sussex in South East England.

about 8 years ago
GeoSea Swoops On G-tec
Business & Finance

GeoSea Swoops On G-tec

GeoSea, the geotechnical and offshore solutions specialist of the DEME Group, has acquired a 72.5% stake in G-tec, the Belgium-based contractor specialized in offshore geotechnical and geological site investigations, marine geophysical and environmental surveys and deepsea engineering services.

about 8 years ago
Four Scottish Offshore Wind Projects Cleared for Takeoff
Business & Finance

Four Scottish Offshore Wind Projects Cleared for Takeoff

The Supreme Court in London has rejected RSPB Scotland’s application for leave to appeal the decision by the Inner House of the Court of Session on its Firths of Forth and Tay offshore wind farm judicial review.

about 8 years ago
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