Business & Finance
Esvagt Banks On Offshore Wind
Danish shipping company Esvagt A/S recorded a turnover of DKK 181 million (EUR 24.3 million) in 2016 derived from the activities in offshore wind, a 41.4 percent jump compared to DKK 128 million turnover reported in 2015. The increase in the turnover was in line with the company’s intention to furth
EEEGR Signs U.S. Pact
The East of England Energy Group (EEEGR) and the Virginia Offshore Wind Coalition (VOW) have signed a Memorandum of Understanding which is expected to create opportunities in the United States for east of England offshore wind businesses.
Offshore Wind Trailblazer Nears the End of the Road
Repsol Sinopec Resources UK has announced plans to dismantle the 10MW Beatrice Demonstrator Wind Farm project located some 22 kilometres from the Scottish coastline in the outer Moray Firth.
Esvagt Strengthens UK Team
ESVAGT has appointed Claus T. Sørensen as its Managing Director for the UK, as the company is aiming to strengthen and expand its position in the UK offshore oil and gas and offshore wind markets.
European Commission Clears Sale of GIB Offshore Wind Portfolio
The European Commission has approved the sale of the UK Green Investment Bank’s (GIB) offshore wind farm portfolio to Macquarie Group Limited of Australia and Universities Superannuation Scheme Limited (USSL) of the UK.
DONG Completes Oil & Gas Unit Sale, Becomes Pure Play Renewables Company
DONG Energy today agreed to divest the entire share capital of DONG E&P A/S to INEOS.
European Commission Investigating GE-LM Wind Power Deal
The European Commission (EC) is reviewing the acquisition of LM Wind Power by GE to determine whether GE filed misleading information regarding its offshore wind technology plans during the review of the acquisition.
Vattenfall and C2Wind Team Up on Offshore Wind Projects
Swedish energy company Vattenfall and Danish consultancy C2Wind have signed a two-year framework agreement covering design inputs for Vattenfall’s offshore wind projects.
Aimselect Takes Over RS Wind
Aimselect, the UK-based recruitment, talent and search consultancy, has acquired the blue collar wind recruitment specialist company RS Wind.
Friesland Province Makes Offshore Wind Farm Investment Official
The Dutch Province of Friesland and the developers of the 320MW Friesland offshore wind farm (Windpark Fryslân) project have signed a cooperation agreement which will allow the province to invest EUR 127 million in the project.
Sif Gathers Steam in 2017
Dutch foundation components manufacturer Sif has recorded a total throughput of approximately 57 Ktons of steel in the first quarter of 2017, a 23.9% increase compared to a 46 Kton throughput reported for the first quarter of 2016.
Burbo Bank Extension Brings LEGO to 100% Renewables Goal
With the inauguration of the 258MW Burbo Bank Extension offshore wind farm today, 17 May, the LEGO Group informed it had reached the goal of balancing 100% of its energy use with energy from renewable sources.
Four Scottish Offshore Wind Projects Back in Business
The Court of Session, Scotland’s supreme civil court, has overturned the ruling which halted further development of four wind projects with a total capacity of 2,284MW in the Firth of Forth and Firth of Tay.
German Merkur OWF to Bring Jobs to Dutch Companies
Northern Netherlands Offshore Wind (NNOW) will hold a Supply Chain Meeting at Groningen Airport Eelde on 23 May, when Dutch local businesses will be able to check out the opportunities German Merkur offshore wind farm is set to create in the Netherlands.