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Business & Finance

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Siemens Orders Konecranes Cranes for Cuxhaven Factory
Business & Finance

Siemens Orders Konecranes Cranes for Cuxhaven Factory

Finnish crane manufacturer Konecranes has received an order to deliver eighteen industrial cranes and one gantry crane to Siemens’ nacelle factory in Cuxhaven, Germany. The cranes will be delivered during summer 2017. The parties have agreed not to disclose the value of the order. The lifting capaci

about 10 years ago
Ideol Secures EUR 3 Million to Advance Its Floating Foundation
Business & Finance

Ideol Secures EUR 3 Million to Advance Its Floating Foundation

Ideol has raised more than EUR 3 million in the latest fundraising round, including capital from Tertium investment fund. The newly secured finances will be used to speed up the development of Ideol’s floating wind foundation. Ideol’s floating foundation can be constructed in concrete or steel. It i

about 10 years ago
Iv-Oil & Gas Nets DolWin Cable Support Contract
Business & Finance

Iv-Oil & Gas Nets DolWin Cable Support Contract

Iv-Oil & Gas has been awarded a contract to execute the engineering, prefabrication and offshore installation of new cable support structures for the DolWin alpha offshore HVDC converter platform. The platform, designed by Iv-Oil & Gas, is installed in a water depth of 27 metres, approximately 60 ki

about 10 years ago
Sandbank Partners Streamlining Turbine Installation Process
Business & Finance

Sandbank Partners Streamlining Turbine Installation Process

Vattenfall and Stadtwerke München (SWM), together with project partner Siemens, have developed an optimised concept for constructing and commissioning the 72 wind turbines for the 288MW Sandbank offshore wind farm which is expected to cut the time between erecting the first wind turbine and commissi

about 10 years ago
CWind Setting Up “CWind Taiwan”
Business & Finance

CWind Setting Up “CWind Taiwan”

CWind is setting up a joint venture in Taiwan – CWind Taiwan Ltd, the UK Government said while reporting on the 3-day visit to Taiwan that kicked off today. Offshore WIND contacted CWind, however, getting more information on the matter is rather difficult today due to a bank holiday in the UK. UK’s

about 10 years ago
UK Mission Heads to Taiwan to Share Offshore Wind Know-How
Business & Finance

UK Mission Heads to Taiwan to Share Offshore Wind Know-How

A trade and technology mission from the UK is visiting Taiwan from 30 May to 1 June to share the UK’s experience on renewable energy, especially on the offshore wind energy industry. With the largest ever number of UK renewable energy delegates to Taiwan, this mission is the first major event of the

about 10 years ago
Dominion Mulls Options After VOWTAP Loses USD 40 Million in Federal Funding
Business & Finance

Dominion Mulls Options After VOWTAP Loses USD 40 Million in Federal Funding

Dominion Virginia Power is assessing options for its proposed 12MW offshore wind demonstration project off Virginia in light of an announcement that the US Department of Energy is withdrawing USD 40 million in funding. “Naturally, we are disappointed in the DOE’s decision because we still believe th

about 10 years ago
Sif Fills 2016 Offshore Wind Order Book to the Max
Business & Finance

Sif Fills 2016 Offshore Wind Order Book to the Max

Dutch foundation components manufacturer Sif Holding N.V. has reported EUR 108.4 million in revenue for the first quarter of 2016, a 141% increase compared to EUR 44.9 million revenue in Q1 2015, mostly driven by the maximum production capacity reached at the company’s offshore wind division through

about 10 years ago
Icebreaker and Aqua Ventus I Join the Big League
Business & Finance

Icebreaker and Aqua Ventus I Join the Big League

The US Department of Energy (DOE) will re-allocate around USD 80 million in funding, initially intended for projects off Oregon and Virginia, to support Lake Erie Energy Development Corporation’s (LEEDCo’s) 27MW Icebreaker and the University of Maine’s 12MW New England Aqua Ventus I which ”have demo

about 10 years ago
Top News of the Week May 23 – 29, 2016
Business & Finance

Top News of the Week May 23 – 29, 2016

Borssele Tender Attracts 38 Bids, Cost Reduction Main Priority The tender for the 700MW Borssele I&II offshore wind farm zones has attracted 38 bids and the first impression is that the wind developers have put a lot of effort in driving down the costs, the Dutch media cited Henk Kamp, the country’s

about 10 years ago
DECC Pushes Hornsea Project 2 Decision Back by 2 Months
Business & Finance

DECC Pushes Hornsea Project 2 Decision Back by 2 Months

The UK Energy and Climate Change Secretary Amber Rudd will have additional two months to decide whether or not to give DONG Energy the approval to build the 1.8GW Hornsea Project Two wind farm after the deadline was extended to allow further examination on the project’s impact on marine life. More s

about 10 years ago
Gwynt y Môr Keeps Giving Back
Business & Finance

Gwynt y Môr Keeps Giving Back

RWE Innogy UK has pledged further GBP 383,000 to north Wales communities from the community fund linked to the 576MW Gwynt y Môr offshore wind farm, bringing the total amount invested in the area from the wind farm to over GBP 500,000 since the fund was launched in June 2015. 30 not-for-profit group

about 10 years ago
German State Charts Out Offshore Wind Territory
Business & Finance

German State Charts Out Offshore Wind Territory

The Cabinet of Mecklenburg-Vorpommern has adopted a new spatial development programme (LEP) which identifies 185 square kilometres suitable for development of offshore wind farms off the German northern state’s Baltic coast. 13 square kilometres out of the total area identified as suitable for offsh

about 10 years ago
Julius Signal to Boost Tideland’s Aids to Navigation Portfolio
Business & Finance

Julius Signal to Boost Tideland’s Aids to Navigation Portfolio

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending its portfolio of marine and offshore aids to navigation offerings. Julius Signal originated from Pintsch Aben’s marine and aviation signalization business. Ti

about 10 years ago
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