Business & Finance
Vattenfall Launches SEK 15 Bln Hybrid Bonds
Vattenfall has launched hybrid bonds of SEK 6 billion and EUR 1 billion (approximately SEK 15 billion combined) in order to refinance an existing hybrid bond of EUR 1 billion, issued in 2005. The excess amount will be used for general corporate purposes. The issue of corporate hybrid bonds in Swedis
Extension Works Launched at Port of Cherbourg
On March 2, Ports of Normandy Authority (PNA)’s elected representatives officially launched large- scale extension works of the port of Cherbourg’s main roadstead, which will be a milestone in the history of the port’s development. Due to the allocation of ALSTOM’s industrial unit for offshore wind
The Netherlands Fund Energy Innovation
The Netherlands Enterprise Agency (RVO) has announced that on April 1, 2015, a new tender for the Demonstration of Energy Innovation (DEI) will be open. With DEI, applicants have the chance to get funding for demonstrations (investment projects) of products, processes or services. The funding is ava
Danish Offshore Wind Company Opens UK Office
Danish offshore wind energy service provider All NRG has opened its first office in the UK. From its new base at the Port of Grimsby, off the Humber Estuary in North England, the company will provide dedicated preassembly, installation, operations and maintenance services to its clients developing o
Alpha Nano Gets Funding from GROW:OffshoreWind
Alpha Nano International has been awarded of £225,384 grant funding through the GROW:OffshoreWind service in order to further develop their range of innovative nano-coatings designed specifically for the offshore sector. The funding will allow Alpha Nano to invest in further research and development
ABB Scoops Walney Extension Job
ABB has won $130 million order from Dong Energy to supply a high-voltage cable system connecting Walney Extension offshore wind farm to the grid. The Walney Extension will provide additional generation potential of 660 MW on top of the existing offshore wind farm’s 367 MW. When completed, both offsh
Hughes SSE Launches New Corporate Brand
Hughes Sub Surface Engineering (Hughes SSE), specialized in subsea construction and recently innovating emergency response solutions, officially launched its new corporate brand, including a new logo, tagline and customer materials today at EWEA Offshore 2015 in Copenhagen. A new website will launch
Dong, Jan De Nul Ink Race Bank Cabling Deal
Dong Energy has signed an agreement with the Jan De Nul Group for the installation of subsea export cables at the Race Bank offshore wind development project in the UK. Jan De Nul Group has experience within dredging, and has now extended its business into cable installation. Race Bank offshore wind
OPT to Deploy Next Generation PowerBuoy in Summer
Ocean Power Technologies, Inc. (OPT) will deploy its ABP-350 type of PowerBuoy in the summer of this year, the company’s President and Chief Executive, George H. Kirby, confirmed in the announcement of OPT’s third quarter results. OPT’s PB40 wave energy system that is currently in New Jersey will be
GeoSea Uses New Crane System for Wind Turbine Installation
High Wind NV has started the commercialisation of its Boom Lock© allowing the safe installation of all wind turbine components in winds of up to 15 m/s. The first Boom Lock© was completed in January, consequently installed on GeoSea’s Neptune, and has undergone its final performance trials last week
Siemens Unveils 7MW Offshore Wind Turbine
Siemens has presented its new SWT-7.0-154 wind turbine at EWEA Offshore conference in Copenhagen. After setting standards with its flagship 6MW offshore wind turbine, the SWT-6.0-154, Siemens today introduced a generator upgrade to seven megawatt (MW), the new Siemens SWT-7.0-154. The turbine delive
European Energy Plans 560MW in Danish Nearshore Projects
Danish renewable energy company European Energy A/S has handed in the environmental impact assessment (EIA) report for the Omø South nearshore project of up to 320 MW on March 3. The EIA report for the Jammerland Bay nearshore project of 240 MW is expected to be handed in by May. The EIA report for
Supply Chain Opportunities for World’s Largest Wind Farm
Opportunities for Norfolk and Suffolk companies to secure business with developers of the world’s largest wind farm will be spelt out at supply chain events to be announced soon. Jonathan Cole, managing director of Scottish Power Renewables, said the procurement process for the £2bn 714 MW East Angl
JDN’s New Cable Layer in Spotlight at Croatian Shipyard (Video)
On March 7, Jan De Nul’s (JDN) new multipurpose vessel, named Isaac Newton, hit the water from slipway No. 2 at the Uljanik shipyard. After launching a few barges, this was the first launch of a large vessel for the Croatian shipyard in 2015. Furthermore, Isaac Newton is the first DP2-class dynamic