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Business & Finance

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Swedes, Chinese Ink Floating Offshore Wind Deal
Business & Finance

Swedes, Chinese Ink Floating Offshore Wind Deal

Deepwater Windenergy Investment AB (DWI), a Swedish renewable energy developer specialized in floating offshore wind power, has entered into a cooperation agreement with Powerchina Beijing Engineering Corp. Ltd. According to the agreement, Powerchina Beijing Engineering will evaluate the offshore wi

about 12 years ago
Orca Offshore Finalist for Bentley “Be Inspired” Award
Business & Finance

Orca Offshore Finalist for Bentley “Be Inspired” Award

Orca Offshore has been made finalists for the upcoming Bentley “Be Inspired” awards category Innovation in Offshore engineering – part of “The Year In Infrastructure 2014 conference”. The nomination for this prestigious award comes from the work performed for the Centrica F3-Fa self installing platf

about 12 years ago
French Government OKs GE-Alstom Deal
Business & Finance

French Government OKs GE-Alstom Deal

The French government has approved General Electric’s bid to acquire Alstom power unit for EUR 12.35 billion. Earlier this year, Alstom board unanimously voted for GE’s bid rejecting Siemens-Mitsubishi Heavy offer comprising EUR 8.2 billion cash and an asset swap. After the deal closes, 65,000 Alsto

about 12 years ago
CTruk’s Offshore Wind Business Gains Momentum
Business & Finance

CTruk’s Offshore Wind Business Gains Momentum

CTruk recently signed the lease on a 6400m2 site on the Colne Estuary, a few miles upriver from its current Brightlingsea base. The company plans to use the Fieldgates site in Haven Road, The Hythe, East Colchester to build larger vessels required for offshore wind farm projects further out to sea.

about 12 years ago
Wirescan Tests TenneT’s Offshore Export Cables
Business & Finance

Wirescan Tests TenneT’s Offshore Export Cables

During the two first weeks of September, Wirescan had been performing LIRA measurements on three different export cables in the German North Sea. The assignments were both baseline measurements (fingerprint) and second measurement for condition monitoring. The tests were performed from both the onsh

about 12 years ago
OpenHydro, Emera Launch New Tidal Joint Venture
Business & Finance

OpenHydro, Emera Launch New Tidal Joint Venture

Tidal technology group, OpenHydro, a DCNS company, and its Canadian partner Emera Inc. have formally launched a new joint venture business, called Cape Sharp Tidal. The announcement was made at the fifth International Conference on Ocean Energy (ICOE), which is taking place 4-6th November in Halifax

about 12 years ago
IRENA Holds Council Meeting on Actions to Scale-Up Global Renewables
Business & Finance

IRENA Holds Council Meeting on Actions to Scale-Up Global Renewables

The International Renewable Energy Agency (IRENA) gathered representatives from over 90 countries in Abu Dhabi to review and recommend actions to scale-up renewable energy around the world. The two-day meeting opened on the heels of the release of the latest report by the Intergovernmental Panel on

about 12 years ago
Linklaters Advises on 270MW Wind Farm Connection Funding
Business & Finance

Linklaters Advises on 270MW Wind Farm Connection Funding

Linklaters advised a consortium of Transmission Investment LLP, Amber Infrastructure and International Public Partnerships (together, Transmission Capital Partners) in relation to the acquisition and financing by the European Investment Bank of the offshore transmission assets connecting the 270MW L

about 12 years ago
DNV GL, Grontmij Set TenneT as Regular Supplier for Dutch HV Grid
Business & Finance

DNV GL, Grontmij Set TenneT as Regular Supplier for Dutch HV Grid

On 31 October 2014, a consortium of DNV GL and Grontmij signed a framework agreement with TenneT TSO for the provision of engineering services. Based on the framework agreement, the consortium and its partners Roos+Bijl and Joulz will support TenneT in the further development of the Dutch high-volta

about 12 years ago
EIB Lends GBP 168 Mln for Lincs Connection
Business & Finance

EIB Lends GBP 168 Mln for Lincs Connection

The European Investment Bank (EIB) has agreed to provide GBP 168 million for a new connection between the Lincs offshore wind farm and the UK national transmission network. The approximately 100km connection, between high voltage transmission connections on the mainland and the 270MW Lincolnshire wi

about 12 years ago
First Ever Seawork Asia Exhibition Launched
Business & Finance

First Ever Seawork Asia Exhibition Launched

Seawork Asia opened its doors to the public today. Over the past few days, exhibitors have been adding the final touches to their exhibition stands. With over 4000 visitors expected from China and around the world, excitement and anticipation is building for the first ever Seawork Asia event. Exhibi

about 12 years ago
Ofgem Grants Licence for Operating Lincs OWF’s Offshore Transmission System
Business & Finance

Ofgem Grants Licence for Operating Lincs OWF’s Offshore Transmission System

Ofgem today granted Transmission Capital (TC) Lincs OFTO Limited a licence to own and operate the transmission link to the Lincs wind farm. Lincs is located eight kilometres off the coast of Skegness and comprises 75 turbines generating 270MW, which is enough to provide clean energy to 200,000 homes

about 12 years ago
Red7Marine Offshore Appoints Its First CEO
Business & Finance

Red7Marine Offshore Appoints Its First CEO

Company operating in the offshore energy sector, Red7Marine Offshore, has appointed its first chief executive. Martin Myhill Sisley joins the UK’s leading independent air diving provider as its new specialist vessel, Red7 Alliance, arrived at its Great Yarmouth base. The vessel – part of the company

about 12 years ago
Baltic 2 TPs Built and on Their Way to Bladt Industries
Business & Finance

Baltic 2 TPs Built and on Their Way to Bladt Industries

The order for AMBAU to manufacture 41 transition pieces (TPs) for Bladt Industries A/S to be used in the EnBW Baltic 2 wind farm came to an end on 16 October 2014 as the TPs were loaded for shipment. With a footprint of 13.5 metres, these TPs were the largest components ever to have left the facilit

about 12 years ago
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