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Business & Finance

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Baringa Bolsters Ranks in Germany
Business & Finance

Baringa Bolsters Ranks in Germany

London-based specialist management consultancy Baringa Partners has appointed Dr. Christoph Müser to support the growth of the company’s energy practice in Germany, Switzerland and Austria. Dr. Müser will take up his role in Baringa’s Düsseldorf office, which was established in 2011, in Germany’s en

about 11 years ago
UK Supreme Court Gives Final Clearance to MT Højgaard
Business & Finance

UK Supreme Court Gives Final Clearance to MT Højgaard

The UK Supreme Court has upheld the UK Court of Appeal’s April ruling that Denmark’s MT Højgaard is not liable to cover the costs of fixing weaknesses discovered in grouted connections of the foundations at the Robin Rigg Offshore wind farm off the west coast of Scotland. E.ON Climate and Renewables

about 11 years ago
EDF Floats Partnership Idea to GE & Alstom Energy
Business & Finance

EDF Floats Partnership Idea to GE & Alstom Energy

French energy company EDF sees the recently merged GE and Alstom Energy as the perfect partner for the company’s plan to diversify its energy mix by further expanding into renewable energy sector, GE quoted Antoine Cahuzac, the CEO of EDF Énergies Nouvelles, as saying. By partnering with GE & Alstom

about 11 years ago
Nass&Wind, OFS Partner Up on Floating Wind
Business & Finance

Nass&Wind, OFS Partner Up on Floating Wind

French companies Nass&Wind Industrie, a subsidiary of Nass&Wind Group, and Offshore Foundation Solutions (OFS) have signed an agreement under which the companies will cooperate to develop concrete floating offshore wind platforms. The partnership was initiated in early 2015 with an aim to unite the

about 11 years ago
Top Economies to Double Use of Renewables by 2030
Business & Finance

Top Economies to Double Use of Renewables by 2030

Renewable energy supply is set to double collectively in eight major economies by 2030, 18 percent higher than previously projected growth rates, spurred on by new national climate and energy plans, according to new analysis by World Resources Institute (WRI). WRI’s analysis, Assessing the Post-2020

about 11 years ago
DONG Picks Van Oord to Install Foundations at Walney Extension
Business & Finance

DONG Picks Van Oord to Install Foundations at Walney Extension

Rotterdam-based dredging and marine contractor Van Oord has reached an agreement with Denmark’s DONG Energy to transport and install the 87 foundations at Walney Extension offshore wind farm in the United Kingdom. Van Oord will transport the foundations, monopiles and transition pieces, from the var

about 11 years ago
Canadian Company Buys 24.9% Stake in Rampion OWF
Business & Finance

Canadian Company Buys 24.9% Stake in Rampion OWF

Canadian energy company Enbridge has joined the Rampion offshore wind project by acquiring a 24.9 percent interest, becoming one of the three shareholders in Rampion Offshore Wind Limited. E.ON will remain the controlling shareholder at 50.1 percent, with the UK Green Investment Bank plc (GIB) conti

about 11 years ago
Buoyant Vestas Plans EUR 50 Million Blade Factory in India
Business & Finance

Buoyant Vestas Plans EUR 50 Million Blade Factory in India

Denmark’s Vestas is planning to build a new blade manufacturing facility in India and is expecting up to EUR 1 billion more in revenue in 2015 after posting encouraging operating results for the quarter ended September 30. The construction of the new factory will start in 2016, and the project is ex

about 11 years ago
Three Companies Set Up Dutch Offshore Base
Business & Finance

Three Companies Set Up Dutch Offshore Base

A new joint venture that will provide 24/7 services to the maritime and offshore industry has been launched in the Netherlands. The launch of Dutch Offshore Base BV, comprising Ter Haak Group, Dutch Offshore Group and Rotterdam Offshore Group, was announced at the Europort exhibition in Rotterdam th

about 11 years ago
Parkwind CEO Appointed Head of DEME Concessions
Business & Finance

Parkwind CEO Appointed Head of DEME Concessions

Wim Biesemans has joined the Belgian dredging, environmental and marine engineering group DEME. As the new CEO of DEME Concessions he will oversee all concession activities related to renewable energy (offshore wind and wave and tidal energy) and marine resources. Biesemans was previously involved i

about 11 years ago
ALE and Ravestein Enter Heavylift Joint Venture
Business & Finance

ALE and Ravestein Enter Heavylift Joint Venture

Staffordshire-headquartered heavy transportation and lifting contractor ALE and Dutch large steel constructions specialist Ravestein have announced a new joint venture to own and operate submersible jack-up docks, with the first one scheduled to be launched in the first quarter of 2016. Through the

about 11 years ago
Port of Ardersier’s Offshore Wind Dream Falls Apart
Business & Finance

Port of Ardersier’s Offshore Wind Dream Falls Apart

Port of Ardersier Ltd, the company behind the plan to develop an offshore wind manufacturing hub at the former McDermott Fabrication Yard in Ardersier, has gone into administration. In 2013, the company submitted applications to Highland Council, Marine Scotland and Transport Scotland for the consen

about 11 years ago
JDC Secures £5.4 Mln Investment in GEV
Business & Finance

JDC Secures £5.4 Mln Investment in GEV

JDC Corporate Finance, East Anglia’s corporate advisory firm, has secured a £5.4million minority investment in Hull-based GEV Group, from Maven Capital Partners. As a global company comprising four divisions and with a key focus upon the renewables sector, the investment will support the company’s i

about 11 years ago
Highlights of the Month: October 2015
Business & Finance

Highlights of the Month: October 2015

DONG to Build World’s Biggest Offshore Wind Farm DONG Energy decided to construct the 660MW Walney Extension offshore wind farm, located in the Irish Sea, approximately 19 km off the west coast of Britain. Van Oord: Dredging Companies Venturing into Offshore Wind (Interview) During the Offshore Ener

about 11 years ago
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