Business & Finance
Study Released on US Wind Turbine Systems Market
US demand for wind turbine systems is forecast to increase 55 percent annually through 2018 to $18.9 billion, a nearly ninefold increase over depressed 2013 sales. Demand was adversely affected in 2013 by the record number of sales, valued at more than $25 billion, the previous year. The number of n
Carnegie Cashes In from Gold Mining
Wave energy developer Carnegie Wave Energy Limited has received $671,462 in two quarterly gold royalty payments related to Carnegie’s mining royalty held in the Higginsville Gold Operations. Carnegie has received two quarterly cash gold royalty payments of $372,466 and $298,996 related to royalty in
Weeks/Manson Selected as Cape Wind’s Lead Construction Contractor
Cape Wind has signed a contract with Weeks/Manson, a Joint Venture (WMJV) to serve as the lead construction contractor. The Boston & New England Maritime Trades Council, AFL-CIO, will provide skilled workers to WMJV to build Cape Wind. WMJV is a partnership between two of the leading marine construc
Smulders Projects to Build Dudgeon OWF Transition Pieces
On July 3, Smulders Projects was awarded the contract for the supply of 67 Transition Pieces for the Dudgeon Offshore Wind Farm. The Dudgeon Offshore Windfarm will be constructed on the coast of Norfolk, South East England. The wind farm comprises 67 monopile foundations on which 6 MW turbines will
Gamesa’s Installed Wind Capacity Hits 30 GW
Gamesa, a global technology leader in wind energy, has shored up its track record as a world-leading player in terms of installed capacity, having hit the 30 GW mark. This milestone was achieved with the assembly of one of the eight G128-4.5 MW turbines being installed at the Tornio wind farm in Fin
Device Using Three Renewable Energy Sources Under Development in Bosnia & Herzegovina
A renewable energy system which simultaneously utilizes wind, wave, and solar energy is being developed in Bosnia and Herzegovina by Josip Bilic, an innovator who aims at building a cost-effective device that can produce energy from more than one source. Device Using Multiple Renewable Energy Source
Norton Rose Fulbright Advises on Westermeerwind Financial Closure
Westermeerwind B.V. recently reached financial close on the construction of the Westermeerwind wind farm (144 MW). The wind farm will consist of 48 3MW wind turbines. The turbines will be built in the water along the dikes of the Noordoostpolder, in two rows beside the Westermeerdijk and the Noorder
EnBW Seeking Foundation Design for Hohe See
An electric utilities company EnBW is inviting offers for a job on its EnBW Hohe See wind farm located in the German part of the North Sea. EnBW is looking for a company to design and deliver 80 wind turbine foundations which would feature wind turbines between 3.6 MW and 6 MW. The proposed wind [&h
Artificial Shipwreck to Show Tidal Lagoon Is Applicable Off Cornwall
Joe Toland, who proposed a tidal lagoon project in the Bristol Channel, plans to prove the viability of its massive energy project by simulating a shipwreck off Cornwall. “My goal is tidal technology and by developing this artificial ship project using 21st century materials and technology it will r
Western Link Affects Prysmian Results
Italian cable specialist Prysmian released its figures for the first half of 2014. Sales amounted to €3,287 million compared with €3,504 million in the first half of 2013, posting organic growth of +1.3%, assuming the same group perimeter and excluding metal price and exchange rate effects. “The res
New Market Report on HVDC Stations Available
Research and Markets has added the “HVDC Converter Station Market by Type, by Technology, by Application and by Geography – Global Trends & Forecasts to 2019” report to their offering. The rapid increase in offshore wind farms and increasing demand for efficient power transmission are some of the dr
BWE to Call for Clear Renewables Policy
From 23-26 September 2014, WindEnergy Hamburg – the global trade show for the wind power sector – will take place for the first time. Across 65,000 square meters of exhibition floor space, more than 1,000 planners, manufacturers, suppliers, financers, operators, energy providers, and service provide
Areva’s Discontinued Renewables Activities Cost it EUR 373 Mln
French energy company, Areva, was hit by the loss of EUR 373 million from discontinued renewables activities. It comes as a result of provisions for losses at completion on wind, including offshore, and solar contracts. Chief Executive Officer Luc Oursel said: “The group continues to restructure its
Baltic 2 Slow Progress Bites EnBW
In the first half of 2014, the EnBW Group achieved an operating result (adjusted EBITDA) of 1,271.5 million euros with 19,926 employees and almost unchanged revenue of around 10.4 billion euros. Earnings were 9.9 per cent below the figure for the first half of 2013. The operating result is thus deve