Business & Finance
Leading International Wind Energy Players to Meet in Hamburg
A strong presence of leading international players and key markets makes WindEnergy Hamburg a global meeting point for the industry. WindEnergy Hamburg, the leading international fair for the wind industry, will be held for the first time in Germany’s second biggest city. From 23 to 26 September, th
Florida-Based Company Targets Offshore Wind Market
Florida-based company AML Superconductivity and Magnetics has been selected as one of fifty leading second-stage companies selected from approximately 600 nominations statewide, as this year’s class of Florida Companies to Watch. Mark Senti, President and Chairman, said: “AML’s model has always been
Deal Signed for 1GW Wave Energy Project in Ghana
On Friday night, Swedish company Seabased and Ghanaian TC Energy signed a contract for the development of a large wave power park in Ghana. Seabased CEO Billy Johansson and TC Energy’s Executive Chairman Anthony Opoku inked the first deal to install a first smaller plant that will be part of agreeme
Ming Yang Q2 Profit Up
China Ming Yang Wind Power Group Limited, a leading wind turbine manufacturer in China, announced its unaudited financial results for the second quarter ended June 30, 2014.
SgurrEnergy Backs Gode Wind 2 Acquisition
SgurrEnergy supported private equity investors, PKA AIP and a consortium of Danish pension funds, in the acquisition of the 252MW Gode Wind II offshore wind farm in the German North Sea. Providing technical due diligence for the acquisition, SgurrEnergy’s scope included a review of project operation
Suzlon Prepares to Enter Offshore Wind Joint Venture
Indian wind turbine manufacturer Suzlon is in negotiations with some Japanese companies as it aims to form a joint venture in order to get a piece of the large offshore wind cake, Bloomberg writes. This decision from Suzlon is not a surprising one, considering the size, complexity and expenses of de
Tekmar to Supply Cable Protection for Dudgeon OWF
Tekmar Energy has been awarded a multi-million pound project with Statoil and Statkraft on the Dudgeon Offshore Wind Farm for the supply of its patented technology TekLink®. As part of the cable contract VSMC will be procuring the TekLink® Mechanical Latch Cable Protection System which will be insta
German Wind Energy Association to Present Industry’s Strength at WindEnergy Hamburg
German Wind Energy Association (BWE) will be present at WindEnergy Hamburg from 23 to 26 September as the event’s partner, representing its 20,000 members. One month before the opening of the trade fair, BWE’s CEO Henning Dettmer said: “Some 119,000 workers in the onshore and 18,800 employees in the
HIE: MeyGen’s Progress Exiting Time for Local Economy in Caithness
The world’s largest tidal power development, which will be installed in the Inner Sound of the Pentland Firth, secured a funding package of over £50m and the construction of the first phase will now begin. Highlands and Islands Enterprise (HIE) is backing the MeyGen project with a £3.3m grant. Calum
Saab Seaeye Falcon Helps Japan Harness Offshore Wind
It is at the southernmost tip of Japan that the Ministry of the Environment is trialling a turbine to determine the viability of floating wind turbines, in a bid to help replace the 30% of energy lost since the nuclear shut-down. Sure-footed anchorage to the seabed is vital in such a vulnerable envi
Two Ports Contribute GBP 40 Mln to Scottish Economy
The true scale of the economic contribution of Associated British Ports’ Scottish ports has been revealed in a new report by independent consultants Arup. Together the two ports – Ayr and Troon – contribute £40 million to the Scottish economy annually and support 500 UK jobs. The new research shows
Boskalis Expects to Out-Top 2013 Profit This Year
Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million). Revenue rose 21% in the first half of the year to EUR 1.5 billion (H1 2013: EUR 1.3 billion). Organic revenue growth was 13.4%. EBITDA amounted to EUR 466 million
PNE WIND’s Working on 13 Offshore Projects
The wind farm project developer, PNE WIND AG has published the results for the second quarter and first half year of 2014. The rate of growth achieved represents an increase over the first three months of the year and was driven with the completion and sale of various wind farm projects. With new pe
Goltens Appoints New COO and Board Members
Goltens Worldwide Management Corp. (GWMC) has appointed Roy Strand as Chief Operating Officer. Strand has previously served as the Vice President of Operations in the Americas and Europe, and will continue to serve as the Advisory Board Chairman within the Goltens Worldwide group of companies. Prior