Reportedly, Siemens is likely to buy Adwen, a joint venture between Areva and Gamesa, as part of its merger with Gamesa. During these first months of 2016, Siemens and Gamesa have been in final talks over an agreement to merge their wind power businesses and thus make the world’s largest wind turbin
Vivid Economics published a note on the impact of the UK leaving the EU, the so-called Brexit, on the UK’s energy sector. The note builds on the company’s work for National Grid from November 2015, when it was asked to assess the impact of the Brexit on the UK’s energy sector, finding that the overa
The Australian Government is establishing a $1 billion Clean Energy Innovation Fund to support the commercialisation of emerging technologies, such as large-scale solar with storage, offshore energy, biofuels and smart grids. The fund will be jointly managed by the Clean Energy Finance Corporation (
EnBW’s operating result (adjusted EBITDA) for 2015 amounted to around EUR 2.1 billion, 2.7% lower than in the previous year. High impairment losses on power plants and increased provisions for onerous contracts for electricity procurement agreements have impacted the company’s operating result to a
Reportedly, the oil and gas giant Shell is delving into the upcoming offshore wind projects in the Netherlands. Shell’s representatives have attended information meetings regarding the Borssele I & II tender, which is scheduled to be open for applications in May. There are strong rumours that Shell
The global wind turbine components market is projected to grow at a CAGR of 12% during the period 2016-2020, according to a new report. Companies worldwide are keen on bringing innovative products to the global wind turbine components market, TechNavio said in its “Global Wind Turbine Components Mar
After shelving its IPO plans last week, Senvion announced today that it has decided to relaunch a private placement and listing of shares on revised terms – the placement price is now in the range of EUR 15.50 and EUR 17.00 per share. Senvion, and its shareholders Centerbridge and Arpwood, are offer
Competitive tendering is cutting the costs for connecting offshore wind farms to British high voltage grid by at least £700m, according to new figures published by Ofgem today. Maxine Frerk, acting senior partner, networks, Ofgem, said: “The figures published today show that competition is helping t
Germany’s Ocean Breeze Energy has awarded Siem Offshore Contractors GmbH (SOC), a wholly owned subsidiary of Siem Offshore Inc., with a new contract for the provision of a walk-to-work (W2W) service operations vessel (SOV) for the Bard Offshore 1 wind farm. The contract will involve the deployment o
General Electric (GE) is today officially kicking off the assembly of the towers for the wind turbines to be installed at the 30MW Block Island Wind Farm, the first offshore wind farm in the United States. Built by Deepwater Wind and located three miles the coast of Block Island, Rhode Island, the w
UK-based civil society and business groups have set 5 tests against which any prospective buyers of the Green Investment Bank will be assessed, calling on them to commit to measures that will ensure it continues to act and invest in the public interest. The Green Investment Bank ‘Public Interest Pro
The impact pile driving of around 1,800 concrete piles at Siemens’ EUR 200 million offshore wind turbine manufacturing facility in Cuxhaven, Germany, has started earlier this month. After successfully completing the dynamic soil compaction, the contractors have started driving the 30-meter-long, reg
Sweden’s SKF has developed an app-based turbine maintenance support system designed to improve inspection efficiency and reduce costs for frontline maintenance teams, while providing operators with real time data on turbine performance and reliability. The SKF Enlight mobile and cloud based data col
VBMS has been awarded a contract by DONG Energy for the installation of 87 inter-array cables for the 660MW Walney Extension offshore wind farm. The total scope of work for VBMS will consist of route engineering, a pre-lay grapnel run, cable transport, cable installation and trenching. The project w
