Business & Finance
Blue Growth Projects Cash in Nearly EUR 14.5 Mln
Three projects under the H2020 priority Blue Growth will receive nearly €14.5 million EU funding to develop tools for the exploration of the underwater world, as well as to advance the Blue Growth economy. BRIDGES, a four year-long project bringing together research partners from 9 countries, will i
Nordergründe OWF to Feature Senvion 6MW Turbines
German wind farm developer and operator wpd has signed a contract with Senvion for Nordergründe offshore wind farm, under which Senvion will provide 18 of its 6 megawatt turbines. The companies signed the contract for delivery, installation and commissioning of the 18 Senvion 6.2M126 on 20 February
Grimsby’s Politicians Quarrel over Offshore Wind Local Content
During the Business Hive Questions event held last week in Grimsby, UK Independence Party’s (UKIP) parliamentary candidate Victoria Ayling and Dr Vicky Dunn from the Green Party had a heated discussion about local content in the UK offshore wind industry, especially when it comes to Grimsby. “The Hu
Alpha Ventus Surpasses Expectations
German offshore wind farm, Alpha Ventus achieved 16,582 full capacity hours and generated 994.9 gigawatt-hours (GWh) of electricity from 2011 to 2014, thus exceeded the generation forecasts by around seven per cent. According to the operators, EWE, E.ON and Vattenfall, the wind farm production for 2
M/V Wind Joins Clinton Marine Survey Fleet
Clinton Marine Survey AB has increased the fleet with another survey vessel. M/V Wind was purpose built for the Swedish Maritime Administration, as hydrographic survey vessel, at Boghammar Marin AB shipyard in Sweden. The vessel will deliver a state-of-the-art resolution to the survey market and has
Infographic: Dong Energy in the UK
Dong Energy has invested GBP 5.5 billion into the UK since 2004, with over GBP 4 billion committed to offshore wind. The company released these figures in today’s “Dong Energy in the UK“ report. Dong built its first UK offshore wind farm in 2004. By now, wind turbines installed by the company could
Eversheds Advises on Dogger Bank Project
Following the UK Government’s consent given for Forewind’s Dogger Bank offshore wind farm in the North Sea, law firm Eversheds has announced that it successfully advised the Forewind consortium on the largest renewable energy development ever to receive planning consent in the UK. The consent is the
Australian CETO 6 Wave Energy Project Moves Forward
Carnegie Wave Energy Limited (CWE) has reached financial close on the Clean Energy Finance Corporation’s (CEFC) five-year, $20 million loan facility which will partly fund the CETO 6 Project off Garden Island, Western Australia. The CEFC facility will be used to part fund the construction of the pro
Centrica Renewables Operating Profit Takes a Dive
Centrica renewables operating profit for 2014 took a dive of 60 per cent comparing to the previous year. The company named a reduced contribution from the disposal of assets and increased costs associated with writing down developments as the reason for the profit drop. After reviewing the economic
RES Offshore to Maintain WoDS Met Mast
RES Offshore has followed up the successful installation of the West of Duddon sands (WoDS) offshore met mast with a contract to carry out the operation and maintenance (O&M) of the met mast and equipment for the next 5 years. The mast was installed in August this year at the 389MW West of Duddon Sa
ELA Invests in Production of 20 New Offshore Containers
ELA Container Offshore GmbH has announced the production of 20 new Offshore Living Quarters and Multipurpose Rooms as of beginning of February. The company says that it wants to be able to always react to customers’ needs at short notice. Thereby, within just one year, the Offshore-Rental-Fleet incr
Exclusive: MHI Denies Ditching SeaAngel
Following recent media writings about Mitsubishi Heavy Industries (MHI) canceling further development and giving up on the name of its 7MW “SeaAngel” turbine, Offshore WIND spoke with Tadashi Asahina, MHI’s Deputy General Manager in charge of the offshore wind business development. He firmly denied
Dogger Bank Consent Confirms Royal HaskoningDHV’s Success
Following the UK Secretary of State for Energy and Climate Change’s decision to grant consent to Dogger Bank Creyke Beck, Royal HaskoningDHV announced that it has now provided key input to the environmental impact assessment process for over 5.5GW of successful offshore wind farm applications in the
Iberdrola Predicts Good Year Ahead
Iberdrola saw an increase in EBITDA of 3.1 per cent to EUR 6,964.5 million in 2014 while its net profit dipped 9.5 per cent to EUR 2,326.5 million. Underperformance comes as a result of Spanish government’s cut to renewable-power subsidies, the company said. However, Iberdrola’s CEO, Ignacio Galan,