Business & Finance
Dong Greenlights Behemoth Hornsea Project One OWF
Dong Energy has made a final investment decision to build the 1,200 MW Hornsea Project One offshore wind farm in the UK. Hornsea will on completion be the world’s first offshore wind farm to exceed 1,000 MW in capacity and by a large margin become the world’s largest offshore wind farm. It will be a
TenneT Shelves Offshore Maintenance Centre Plan
TenneT has abandoned its plan for the construction of an Offshore Maintenance Centre (OMC) in the north of the Netherlands for the time being. The company had planned to set up the OMC as a base for maintenance work on the transformer platforms and offshore grid connections for German and future Dut
Global Marine Swoops On CWind
Global Marine Systems Limited has acquired a majority interest in CWind Limited. CWind has supported the construction and operation of over 26 wind farms in the North Sea, Irish Sea and the Baltic. In 2014, the company opened an office based in Bremen, Germany. Ian Douglas, CEO of Global Marine, sai
TenneT Opens Cable Storage Facility in Eemshaven
On 2 February, TenneT officially opened its special cable storage facility in Eemshaven, the Netherlands, which is able to store up to 4,600 tonnes of high-voltage electricity cables. TenneT will use the facility as a storage for massive subsea cables used for connecting offshore wind farms to the o
Vattenfall Earmarks EUR 1.5 Billion for Renewables in Next Two Years
Swedish state-owned power company Vattenfall will spend SEK 14 billion (EUR 1.5 bn) on developing its renewable energy power sources, mainly wind , throughout 2016 and 2017, aimed at helping the company reach the goal of adding further 2,300 MW of installed wind capacity by 2020. The renewables will
Ming Yang Accepts Going Private Offer
China Ming Yang Wind Power Group Limited has entered into a definitive merger agreement pursuant to which a consortium of investors led by the company’s Chairman and CEO Chuanwei Zhang will buy all of the remaining shares in the turbine manufacturer. Zhang, who previously held a 33% of the issued an
Suzlon Opens Blade Science Center in Denmark
Suzlon Group has opened a new Blade Science Center in Vejle, Denmark, focused on developing turbine blades and control systems, and integrating the aerodynamic, loads and new structures research across the company. The blade technologies to be developed at the company’s new center will be applicable
Dutch Sizing Up French Offshore Wind Market
Strengthening business ties within the offshore wind industry will be high on the agenda during the Dutch trade mission to France, led by Lilianne Ploumen, the country’s Minister for Foreign Trade and Development Cooperation, scheduled for 10 and 11 March, the Netherlands Enterprise Agency reports.
E.ON Upgrades Amrumbank West to 302 MW, Invests over €10Bn in Renewables
Following an upgrade of Amrumbank West offshore wind farm from 288 to 302 megawatts, E.ON reported that its net investments in renewables have surpassed EUR 10 billion. In December 2015, E.ON and Siemens implemented a software solution that allows Amrumbank West to harvest more energy in times of st
RepaKorr Project to Keep Offshore Wind Turbines Rust-Proof for Longer
German researchers gathered around the RepaKorr collaborative project are developing an all-round inspection and repair solution to increase the corrosion resistance of offshore wind farms, according to Fraunhofer, one of the participants in the project. The new solution, which includes the developm
China Longyuan Wraps Up CNY 2 Bn Debenture Offering
China Longyuan Power Group Corporation Limited, China’s largest wind power producer, has completed the issuance of CNY 2 billion (EUR 279 million) of ultra short-term debentures with a term of 270 days. China Longyuan will use the proceeds raised from the debentures for replenishment of working capi
2015 a Banner Year for Offshore Wind in Europe
Offshore wind investments in Europe doubled in 2015 to EUR 13.3 billion in a record year for financing and grid-connected installations, with a total of 3,019 MW in new capacity coming online in European waters in 2015, more than double of what was connected to the grid in 2014, according to Europea
Scottish £12M Fund to Help O&G Workers Find Other Jobs
Scottish First Minister Nicola Sturgeon has announced a £12 million fund to help people who face losing their jobs in the oil and gas sector to transition into other energy industry and manufacturing employment. The Scottish Government’s Transition Training Fund will help maintain the highly skilled
Highlights of the Month: January 2016
Sea Worker Runs Aground off Denmark, Crew Evacuated Offshore installation vessel Sea Worker ran aground south of Denmark’s Hvide Sande on the night between 26 and 27 January while under tow to Esbjerg, A2SEA said in a statement. Umoe Ventus Sinks After Catching Fire off Langeland The Wave Craft Surf