Business & Finance
Amrumbank, Humber Gateway Drive E.ON’s Renewables Business
Amrumbank West and Humber Gateway offshore wind farms left a positive mark on financial results of E.ON’s renewables business in the first half of 2016 and the company expects this trend to continue. E.ON’s renewables business saw an adjusted EBIT increase of EUR 53 million in the first six months o
Sif Joins BorWin Gamma Team
Dutch Sif Holding N.V. has been awarded a contract for the production of all tubular components for the jacket of the BorWin gamma platform. The contract includes the production of legs, bracings, pile sleeves and pin piles for the jacket. The project is being undertaken by Petrofac in consortium wi
Sumitomo Gallops Towards Co-Owning UK 336MW OWF
The deal on Sumitomo Corporation’s indirect acquisition of 12.5% share of the 336MW Galloper offshore wind farm is closing this month, according to SgurrEnergy, who provided independent technical advisory services to Sumitomo Corporation. The services provided by SgurrEnergy included an assessment o
DONG Energy Bins AMEP Offshore Wind Hub Project
DONG Energy has decided not to invest in a GBP 450 million offshore wind hub at the Able Marine Energy Park (AMEP) in the Humber after a recent report showed that UK east coast ports have the capability to support the pipeline of offshore wind projects which will be built out in the North Sea in [&h
Massachusetts Enters Offshore Wind Era
Massachusetts Governor Charlie Baker signed the new energy legislation which calls for development of 1,600MW of offshore wind capacity by 2027 into law on Monday, 8 August. An Act Relative to Energy Diversity (H. 4568) requires utilities to competitively solicit and contract for approximately 2,800
ABP’s Humber Ports Key Economic Drivers for UK
Associated British Ports (ABP) Regional Director Humber, Simon Bird has called for the region to grasp what he calls a ‘unique opportunity’ as the Humber prepares to make its voice heard in the Northern Powerhouse debate, following the appointment of Brigg and Goole MP Andrew Percy to the role of No
Report: Offshore Wind a Golden Ticket for UK East Coast Ports
The offshore wind sector has an enormous potential to accelerate economic growth on the east coast of Britain, according to a strategic review of the UK’s east coast port facilities carried out by BVG Associates for the Offshore Wind Industry Council. The report, Strategic review of UK east coast st
Massachusetts Governor to Sign Energy Bill
Massachusetts Governor Charlie Baker is expected to sign the state’s landmark energy bill which calls for public utilities to buy 1,600 MW of power generated from offshore wind farms over the coming decade on Monday, 8 August. The legislation directs companies engaging in the distribution of electri
Top News of the Week, 1 – 7 August 2016
Breaking: First US Offshore Wind Turbine Stands Tall Deepwater Wind’s CEO Jeffrey Grybowski has shared images of the the jack-up installation vessel Brave Tern as it attaches the final blade and completes the installation of the first offshore wind turbine in US waters, and the first of five wind tu
Polenergia to Start Building 600MW Baltic Middle III in 2019
Polenergia plans to start constructing the 600MW Baltic Środkowy III (Baltic Middle III) offshore wind farm in the Polish part of the Baltic Sea in 2019, with the commissioning of the wind farm planned for 2021 or 2022. The Polish energy company has recently become the first operator in Poland to ob
OOS Eyes Offshore Wind Market with SSCV Duo
Dutch OOS International Group B.V. has signed a fixed contract for the engineering and construction of two Semi-Submersible Crane Vessels (SSCVs) with China Merchant Industry Holdings which will be used for installation and decommissioning of offshore wind structures. OOS will equip its two new SSCV
Eneco’s Profit Down on Lower Gas and Electricity Prices
Dutch energy company Eneco Group recorded EUR 139 million profit after income tax , slightly less than the EUR 144 million made by the company in the same period last year, as a result of lower prices for gas and, to a smaller extent, for electricity. The group’s grid operator, Stedin, and the energ
Bilfinger Exits Offshore Wind Foundations Business
Germany’s VTC Group Munich has bought Bilfinger’s share in Bilfinger Mars Offshore, a Poland-based manufacturer of steel foundations for offshore wind turbines. Bilfinger Mars Offshore was formed as a joint venture between Bilfinger and the Polish Investment fund Mars. Bilfinger is selling all of it
DONG to Use Brayton Point as Bay State Wind Grid Link
DONG Energy has filed an Interconnection Request Application with ISO-New England to use 800MW of interconnection capacity of Brayton Point power station in Somerset, Massachusetts, for bringing offshore wind energy generated by the Bay State Wind farm onto the grid. Given upcoming retirement of the