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Business & Finance

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Hibikinada Offshore Wind Farm Developers Form Special Purpose Company
Business & Finance

Hibikinada Offshore Wind Farm Developers Form Special Purpose Company

The winners of the tender to build the Hibikinada nearshore wind farm off Kitakyushu, Japan, have established a special purpose company (SPC) – Hibiki Wind Energy.

about 9 years ago
Sandbank Starts Making an Impact on Vattenfall’s Numbers
Business & Finance

Sandbank Starts Making an Impact on Vattenfall’s Numbers

Vattenfall’s Wind Business Area recorded an uptick in wind generation in the first quarter of 2017 on the back of more than 500MW of added capacity, including the recently commissioned 288MW Sandbank offshore wind farm.

about 9 years ago
Offshore Wind Lifts Subsea 7
Business & Finance

Offshore Wind Lifts Subsea 7

Subsea 7 reported revenue of USD 897 million for the first quarter of 2017, a 20% jump compared to the same period a year earlier mainly due to a good performance of the company’s newly formed Renewables and Heavy Lifting division.

about 9 years ago
Murphy Commits to Putting New Jersey on Offshore Wind Map
Business & Finance

Murphy Commits to Putting New Jersey on Offshore Wind Map

Phil Murphy, a Democratic Party candidate in the 2017 New Jersey gubernatorial race, has revealed details of his State Energy Master Plan which calls for 3,500MW of commissioned offshore wind capacity by 2030.

about 9 years ago
DONG Energy’s Wind Earnings Up, EBITDA Down in Q1 2017
Business & Finance

DONG Energy’s Wind Earnings Up, EBITDA Down in Q1 2017

DONG Energy reported an operating profit (EBITDA) from continuing operations of DKK 3.3 billion (EUR 443.5 million) in the first quarter of 2017, a 53.5% slide compared with DKK 7.1 billion in Q1 2016, despite a 21% jump in earnings from commissioned wind farms.

about 9 years ago
Polenergia Secures Environmental Permit for Second Baltic Offshore Wind Farm
Business & Finance

Polenergia Secures Environmental Permit for Second Baltic Offshore Wind Farm

Polish energy company Polenergia S.A. has obtained a legally binding environmental decision defining environmental requirements for the implementation of the 600MW Polenergia Baltic Sea II offshore wind farm (Polenergia Bałtyk II).

about 9 years ago
Ziton Marks Revenue Spike
Business & Finance

Ziton Marks Revenue Spike

Danish jack-up vessel owner Ziton has reported EUR 29 million revenue for the Fiscal Year 2016, a near 219 per cent increase compared to EUR 9.1 million revenue recorded a year earlier. Ziton more than tripled its revenue in 2016 on the back of increased activity levels and higher utilisation rates

about 9 years ago
GWEC: Offshore Wind Set For Global Expansion
Business & Finance

GWEC: Offshore Wind Set For Global Expansion

Cumulative installed wind power capacity will top 800GW by the end of 2021, with offshore wind establishing a firmer foothold outside Europe in the next several years, according to a report by the Global Wind Energy Council (GWEC).

about 9 years ago
Belgian Offshore Cluster Advises Prudence on Future Offshore Wind Moves
Business & Finance

Belgian Offshore Cluster Advises Prudence on Future Offshore Wind Moves

Belgian Offshore Cluster (BOC) has urged the government ”not to take any impulsive and ill-considered decisions next week” with regards to the intention of the country’s Secretary of State for the North Sea, Philippe De Backer, to cancel concessions for future offshore wind farms.

about 9 years ago
Danish Companies Team Up for U.S. Offshore Wind
Business & Finance

Danish Companies Team Up for U.S. Offshore Wind

Bladt Industries, ISC Consulting Engineers, Semco Maritime and LICengineering are joining forces with The Trade Council of Denmark’s Wind Energy Advisory to provide an integrated platform for partnerships with American companies and offshore wind developers.

about 9 years ago
TenneT Issues Cable Monitoring Systems Call
Business & Finance

TenneT Issues Cable Monitoring Systems Call

Transmission system operator TenneT TSO is looking for a provider of DTS/RTTR cable monitoring systems for subsea and land cables in the Netherlands.

about 9 years ago
Report: Wind Is UK’s Major Export
Business & Finance

Report: Wind Is UK’s Major Export

A report published by RenewableUK shows for the first time that UK-based companies working in the wind, wave and tidal energy sectors are exporting goods and services worldwide on a massive scale.

about 9 years ago
K2 Management Helps Macquarie with Green Investment Bank Deal
Business & Finance

K2 Management Helps Macquarie with Green Investment Bank Deal

Macquarie appointed K2 Management to lead technical due diligence for the recently completed GBP 2.3 billion acquisition of the UK’s Green Investment Bank (GIB)by a consortium led by the Australian bank.

about 9 years ago
Belgium Considers Hitting Offshore Wind Reset Button
Business & Finance

Belgium Considers Hitting Offshore Wind Reset Button

Belgium’s Secretary for the North Sea Philippe De Backer has suggested that the government should revoke concessions granted to three offshore wind projects and instead carry out a tendering procedure similar to those in Germany, Denmark or the Netherlands, according to local media.

about 9 years ago
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