Business & Finance
CIP Hikes Beatrice Stake
Scotland-based SSE has sold a further 10% stake in the Beatrice offshore wind farm to its joint venture partner Copenhagen Infrastructure Partners (CIP). SSE now holds a 40% stake in the project, with CIP controlling a 35% stake, and Repsol the remaining 25%. SSE says that the sale marks another key
Galloper Gets Quality Inspectors
Consultant engineers from WSP Parsons Brinckerhoff will provide quality inspection services on the 336MW Galloper Offshore Wind Farm. The company’s engineers will undertake inspection and surveillance planning services including assurance, quality, control and audit services on the sub-sea high volt
Taiwan Aims for 4 GW of Installed Offshore Wind Capacity by 2030
Taiwan expects its offshore wind energy projects to attract TWD 2.5 billion (USD 74.6 million) of fresh investments in 2016, with the sector projected to draw in a total of TWD 670 billion of new investments by 2030, according to the country’s Bureau of Energy, Ministry of Economic Affairs. The coun
New York Sets Up USD 5 Billion Clean Energy Fund
The New York State Public Service Commission has approved a 10-year, USD 5 billion Clean Energy Fund to advance wind, solar, energy efficiency and other clean tech industries, the state’s Governor Andrew Cuomo announced. The fund is expected to attract and leverage third-party capital to support the
Nordergründe Attracts Fresh Cash
Gothaer Leben Renewables GmbH has acquired an equity stake in the 110 MW Nordergründe offshore wind farm, wpd AG, the developer and the future operator of the wind farm said in a statement. Gothaer reportedly invested EUR 60 million in the project. “We are very pleased that we have been able to win
Ampelmann Expands to Aberdeen
Dutch-based provider of motion compensation access solutions, Ampelmann, is opening an office in central Aberdeen. With an extensive track record in supporting Walk to Work campaigns in the North Sea, the new office strengthens the company’s presence in the region and enables better support for curr
Danske Commodities Takes On UK Renewables Market Experts
Volker Beckers and Anne Broeng have joined the Board of Directors of the Aarhus-based Danske Commodities to provide additional insight into UK market and add risk management competences, one week after the company entered the UK renewables market. The independent energy service company last week sig
Iberdrola Head: Renewables Key to Energy Mix Overhaul
Changes in energy mix are necessary to enable development and integration of mature renewables and meet both a projected 40% increase in the demand for energy until 2040, and the commitments derived from the Climate Summit in Paris, Ignacio Galán, Chairman of Iberdrola, said today during the annual
Aqualis Offshore Lands BorWin Gamma Gig
Offshore marine and engineering consultancy Aqualis Offshore has been contracted by Petrofac to perform technical support services for its work on the BorWin gamma topside that is destined for the North Sea. A consortium between Siemens and Petrofac has been contracted by TenneT to design, build and
Ingeteam Appoints New CEO
Spain’s Ingeteam has appointed Adolfo Rebollo to replace Javier Ojeda who has recently resigned from his position as CEO of the company. The 44-year-old Rebollo has a degree in Electrical Industrial Engineering from the Bilbao School of Industrial Engineers. He started his career in Ingeteam in 1996
Sif Pushes On with IPO Plans
Sif Holding N.V., a Dutch manufacturer of foundation components for offshore wind and offshore oil & gas markets, intends to proceed with the Initial Public Offering (IPO) and listing of its ordinary shares on Euronext Amsterdam. The intended IPO will consist of a secondary offering only, of at leas
Offshore Wind Consultants Opens Hamburg Operating Base
Offshore Wind Consultants Limited (OWC) officially opened its Hamburg office yesterday, which will serve as an operating base in Germany for both OWC and Aqualis Offshore. Offshore Wind Consultants was acquired by Aqualis ASA in June 2014, and its newly established German company will trade under th
December Winds Bring Down Power Prices Across Europe
Continental European power prices tumbled again in December as exceptional wind power output combined with mild temperatures and falling demand, according to data released by Platts. European power prices, according to the Platts Continental Power Index (CONTI), fell 13.29% to EUR 33.08 per megawatt
NEDO Backs Two Wind Farm Projects off Japan
Japan’s New Energy and Industrial Technology Development Organisation (NEDO) will subsidize portions of project costs related to the development of two offshore wind farms with a combined capacity of 270MW. The first project NEDO will back is a 170MW offshore wind farm near the Port of Noshiro, Akit