Business & Finance
East of England Businesses Invited to Explore German Offshore Wind Opportunities
East of England companies looking at investing and expanding into the German offshore wind market can meet experts from Germany Trade and Invest at a ”Doing Business in Germany” event which will be held at OrbisEnergy in Lowestoft on 3 November. Germany Trade and Invest has partnered with OrbisEnerg
CTS Teams Up with Grŵp Llandrillo Menai RE Training Academy
Liverpool-based Complete Training Solutions (CTS) has signed a partnership agreement with the renewable energy training academy at Grŵp Llandrillo Menai, North Wales. The Welsh academy works in partnership with RWE, training apprentices who later go on to work on the company’s offshore projects. CTS
Oceanteam Defers Senior Bond Interest Payments, Names Interim CFO
The Norwegian-Dutch offshore service provider Oceanteam ASA has informed its bondholders that the company will defer its interest payments on the Senior unsecured Bond due 24 October. The news comes after Oceanteam started initial talks with banks and largest bondholders last week as part of the pla
Top News of the Week, 17 – 23 October
Elisa Floats Self-Installing Offshore Wind Turbine Researchers gathered around the EU-funded Elisa Project have developed an offshore wind turbine system that can be completely pre-assembled and pre-commissioned in controlled harbour conditions. The Big League Offering Lowest Offshore Wind Prices (I
Oceanteam Devising Restructuring Plan
Oceanteam ASA is in the process of developing a restructuring plan to tackle ”serious financial restraints” caused by ”its current capital cost and structure, which is restricting its ability to develop in the interest of its stakeholders.” The current capital cost and structure have caused immediat
OffshoreWIND.biz Brings Livestream from Offshore Energy in Amsterdam
OffshoreWIND.biz will live broadcast three talk-shows that are recorded at “Community Square” on the Offshore Energy Exhibition (OEEC) on 25 & 26 October 2016 in Amsterdam. In the 30 minute talk-shows, guests from the oil & gas industry, renewables industry and academia will discuss the bigger pictu
Peel Ports Great Yarmouth Starts Preparing for Offshore Wind Projects
Construction works to enhance port infrastructure at Peel Ports Great Yarmouth for several high profile offshore wind projects have begun, Peel Ports Group reports. A multi-million-pound co-investment has been agreed to support the construction of primary infrastructure and ground works for the Gall
Ohio Power Siting Board and LEEDCo to Hold Icebreaker Public Information Meeting
Ohio Power Siting Board (OPSB) will hold a public information meeting on the proposed 21MW Project Icebreaker offshore wind farm on 3 November, Lake Erie Energy Development Corporation (LEEDCo), the developer of the project, said. LEEDCo has invited all parties interested in the project to attend th
Engie-Led Consortium Pushes Ahead with French Offshore Wind Projects
A consortium led by French energy company Engie will submit permit applications for the development and operation of two offshore wind farms in French waters totalling close to 1GW in capacity at the beginning of 2017, Raphaël Tilot, Engie’s offshore wind power project director told Le Figaro. In Ma
RWE Gathers EUR 2.6 Billion via innogy IPO
German energy company RWE AG has earned a total of EUR 2.6 billion through the recently launched initial public offering (IPO) of its renewable energy spin-off innogy SE. At the beginning of October, RWE had placed 70,707,000 innogy shares on the market from its holdings for approximately EUR 2.5 bi
Ontario Keeps 2011 Offshore Wind Moratorium, Says More Data Needed
The government of Ontario, Canada, will keep its moratorium on offshore wind projects imposed in 2011 as it still does not have enough data to make an informed decision on whether to lift the ban, local media reported the province’s energy minister Glenn Thibeault as saying. Thibeault did not comple
EDF Energy Renewables Hires MHW to Do PR for Blyth Demo
EDF Energy Renewables has appointed a PR consultancy, MHW, to provide communications support for the company’s Blyth offshore wind demonstrator project off the coast of Northumberland, UK. MHW will be assisting the EDF ER communications and project teams with media liaison, local community engagemen
Rob van der Hage, TenneT: Having Significant Responsibilities Requires a Vision
Rob van der Hage, Business Manager Offshore at TenneT Netherlands, will be one of the panellists in the closing discussion on short and long term potential at the Offshore WIND Conference and has provided an insight into the sector from an interesting point of view – that of an electricity transmiss
SAL Hits Mother Lode with Walney Extension Contract
Hamburg-headquartered SAL Heavy Lift has signed a contract with Van Oord for a long term engagement at the 660MW Walney Extension offshore wind project in the UK. MV Svenja is chartered for 30 voyages for transportation of 87 monopiles from Rostock, Germany, to Belfast, Northern Ireland, 47 transiti