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Business & Finance

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EIB Bankrolls Elia’s Stevin Project
Business & Finance

EIB Bankrolls Elia’s Stevin Project

The European Investment Bank (EIB) and Elia, the operator of the Belgian high-voltage grid, have concluded a EUR 100 million loan agreement which will be used primarily for financing the Stevin project.

about 9 years ago
Highland Communities Eligible for 2nd Round of Beatrice Funds
Business & Finance

Highland Communities Eligible for 2nd Round of Beatrice Funds

SSE has invited local Highland communities to apply for the second round of the Beatrice partnership fund.

about 9 years ago
Wärtsilä Kit for Hornsea Project One Reactive Compensation Station
Business & Finance

Wärtsilä Kit for Hornsea Project One Reactive Compensation Station

Finnish technology group Wärtsilä has signed a contract with Babcock International Group plc to design and build switchboards and distribution boards for the world’s first offshore reactive compensation station, part of the 1.2GW Hornsea Project One offshore wind farm project.

about 9 years ago
Kersten Middle East Cracks Offshore Wind Market with East Anglia ONE J-Tubes
Business & Finance

Kersten Middle East Cracks Offshore Wind Market with East Anglia ONE J-Tubes

Kersten Middle East, part of the Kersten Group, has won a contract to produce a total of 330 J-tubes for the 714MW East Anglia ONE offshore wind farm.

about 9 years ago
Atkins Joins SNC-Lavalin Team
Business & Finance

Atkins Joins SNC-Lavalin Team

Canada’s SNC-Lavalin Group has completed the acquisition of WS Atkins plc, a UK-based design, engineering and project management consultancy.

about 9 years ago
Vattenfall Rejigs Wind Unit, Names Offshore Wind Head
Business & Finance

Vattenfall Rejigs Wind Unit, Names Offshore Wind Head

Swedish energy company Vattenfall has appointed Michael Simmelsgaard as head of the newly formed Business Unit Offshore Wind.

about 9 years ago
Kite Power Systems Completes Senior Management Roster
Business & Finance

Kite Power Systems Completes Senior Management Roster

Scotland-based kite power generation technology developer, Kite Power Systems (KPS), has appointed Simon Heyes as Chief Executive and Dr Andrew Tyler CBE as non-executive Chair.

about 9 years ago
UK Regional Construction Hotspot Marked by EA1
Business & Finance

UK Regional Construction Hotspot Marked by EA1

East Anglia ONE has put Norwich and East Norfolk in a leading position among districts across the UK in 2016, with more than GBP 2.7 billion worth of construction contracts, helped greatly by the year’s largest contract award, the GBP 1.8 billion East Anglia ONE offshore wind farm.

about 9 years ago
DONG Energy and Vattenfall to Help Each Other at Horns Rev
Business & Finance

DONG Energy and Vattenfall to Help Each Other at Horns Rev

DONG Energy and Vattenfall have initiated a common project to ensure the emergency power supply for DONG Energy’s wind farm Horns Rev 2 and Vattenfall’s upcoming wind farm Horns Rev 3 in Denmark.

about 9 years ago
Offshore Wind Market Size to Surpass 60GW by 2024, GM Insights Report Says
Business & Finance

Offshore Wind Market Size to Surpass 60GW by 2024, GM Insights Report Says

Offshore wind market size will surpass 60GW by 2024, according to the latest report by Global Market Insights.

about 9 years ago
A2SEA Names New CEO as Jens Frederik Hansen Resigns
Business & Finance

A2SEA Names New CEO as Jens Frederik Hansen Resigns

A2SEA’s Board of Directors has decided to appoint Michael Glavind, who currently holds the position of Chief Financial Officer, as the new Chief Executive Officer (CEO) of the company. Glavind will take up his new role as CEO with immediate effect.

about 9 years ago
Siemens Mechanical Drives Unit to Run as Flender from October
Business & Finance

Siemens Mechanical Drives Unit to Run as Flender from October

As of 1 October, the Siemens Mechanical Drives unit will be operating in the market as Flender GmbH. The mechanical drives division comprises Flender and Winergy, which worked on the gearbox for Adwen’s AD 8-180 offshore wind turbine. The business with gears for wind turbines will also be part of Fl

about 9 years ago
Report: UK Offshore Wind to Generate 21000 Direct Jobs by 2032
Business & Finance

Report: UK Offshore Wind to Generate 21000 Direct Jobs by 2032

The total number of direct full time jobs in the UK offshore wind sector could be in the region of 21,000 by 2032, according to Cambridge Econometrics.

about 9 years ago
Zero Subsidy Bidders to Take First Stab at Dutch Offshore Wind Zones
Business & Finance

Zero Subsidy Bidders to Take First Stab at Dutch Offshore Wind Zones

The Netherlands will allow companies interested in developing the 700MW Hollandse Kust Zuid I and II offshore wind farm zones without government subsidies to submit their bids prior to the subsidy and permit tender planned for this autumn.

about 9 years ago
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