Business & Finance
Gamesa Net Profit Doubles
Gamesa doubled its net profit in the first nine months of the year, to €64 million, compared with €31 million in the same period of 2013. That figure reflects the improvement in revenues (+17%) and margins, with an EBIT of 7.3% at constant exchange rates Acceleration in sales and activity Gamesa’s r
Dutch Offshore Wind Mission to Japan and Korea Bears Fruit
From 25 October to 4 November, a delegation of twenty-five Dutch offshore wind companies and knowledge institutions visited Japan and Korea. The offshore wind delegation was part of the economic mission led by Minister of Economic Affairs Henk Kamp and it ran parallel to the state visit of King Will
Alstom’s Laurent Schmitt One of Most Influential People in European Smart Grid
Laurent Schmitt, Vice President for Smart Grid at Alstom Grid, is named as one the most significant and persuasive people in the Smart Grid activity sector by the Metering & Smart Energy International magazine providing information to thousands of utility professionals worldwide. Laurent Schmitt has
James Fisher Showcases Its Business & Offshore Support Vessel
James Fisher Marine Services Ltd (JFMS), and Fendercare Marine, both subsidiaries of James Fisher and Sons plc (JFS) – the UK’s leading marine services provider, yesterday held an open day to demonstrate the capability of their shoreside support base and the offshore support vessel, the Dart Fisher.
Copenhagen Infrastructure Partners Invests in Beatrice Offshore Wind Farm
Copenhagen Infrastructure Partners has acquired 25% of the UK offshore wind project Beatrice. The Beatrice project is located in Outer Moray Firth, Scotland and is one of five offshore wind projects in the UK awarded an Investment Contract by the UK government (fixed inflation indexed settlement pri
GEV Offshore Gets GBP 50K from SCORE
Grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), has awarded over £50,000 to GEV Offshore, one of the UK’s specialist engineering and offshore access companies. This funding will enable the company to take its pioneering habitat structure for the offshore renewable sec
Jack-Up Barge Orders Temporary Living Quarters from AOS
Jack-Up Barge has recently placed a significant order with Malaysian-based Asian Offshore Services (AOS) for additional Zone 2 blast-rated Temporary Living Quarters (TLQs), as the Netherlands-based company continues to grow their accommodation services offering. The Jack-Up Barge fleet has the capac
Siemens Wind Division Struck by Turbine Charges
Siemens released its financial figures for the fourth quarter and fiscal year 2014 today, reporting that its fourth-quarter profit in the Energy Sector declined to €403 million, as ongoing challenges within the Sector led to lower results year-over-year. A year earlier, fourth-quarter profit of €564
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
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
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
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.
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
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