Business & Finance
DNV GL Releases Annual Report
“Last year was an extraordinary year, capped by the merger of DNV and GL in September and the beginning of a truly transformative period in our company’s history,” says Henrik O. Madsen, President & Chief Executive Officer of the DNV GL Group. “We strengthened our market position and expertise in al
Offshore Wind Development Boosts GEV
Great Yarmouth-based GEV Offshore is taking advantage of the booming offshore wind industry. “We worked on over 30 wind farms last year, both onshore and offshore, and 40 this year,“ said Managing Director David Fletcher, according to the Norwich Evening News 24. However, as the work scope increases
Nkt Cables Gets EUR 165 Mln Order for Gemini Project
Following the financial close of the Gemini offshore wind project, nkt cables received a binding order worth approximately 165 mEUR for the delivery of more than 200 kilometers of 220 kV high voltage submarine cables and related accessories, all to be manufactured in Cologne, Germany. The cables are
Dong Energy Signs Another Suction Bucket Deal with SPT Offshore
Dong Energy has contracted SPT Offshore for the structural and geotechnical design of suction bucket foundations for potentially five transformer substations, namely Burbo Bank Extension, Race Bank and Walney Extension. The 4 suction buckets will potentially form the foundation of 4-leg jackets supp
Scotland’s Renewables Sector Receives GBP 3.5 Million Fund
Scottish Enterprise announced £3.5 million of new investment in Scotland’s growing renewable energy sector, Energy Minister Fergus Ewing said. Four projects are being supported through the enterprise agency’s Renewable Energy Investment Fund (REIF). Islay Energy Community Benefit Society will receiv
Germany and Netherlands Unite Forces for Offshore Wind
Development of the offshore wind industry in North-West Europe was the central topic at the Dutch – German – American Offshore Wind Summit held on 19th of May 2014 in Hamburg. The Renewable Energy Hamburg Cluster (EEHH) alongside the Dutch network Cleantech Holland, organized the workshop, which was
Clean Energy Solutions Center, IRENA Partner to Support Renewable Energy Policy Advice Network
The Clean Energy Solutions Center, an initiative of the Clean Energy Ministerial, and the International Renewable Energy Agency have formalized a collaboration that will help accelerate the global deployment of renewable energy. The jointly-led Renewable Energy Policy Advice Network (REPAN) will lev
VIDEO: Students Review Block Island Marine Spatial Planning
An interdisciplinary group of doctoral students that study wind energy at the University of Massachusetts, Amherst held a discussion on the Block Island Marine spatial planning. The group conducted a case study about the project, tackling various stages the company went through in order to facilit
Orkney Vessel Trials Prove Potential for Marine Renewables Cost Reduction
Scotland’s Energy Minister, Fergus Ewing, has announced that the first leg of a project in Orkney funded by the Scottish Government has demonstrated the potential for considerable cost savings using the capabilities of smaller support vessels in the marine renewables industry. The Orkney Vessel Tria
Siemens Asks for More Info from Alstom
German conglomerate Siemens has requested more information from Alstom as part of due diligence prior to making an offer for the company. Yesterday, French Economy Minister Arnaud Montebourg said to a parliamentary economic affairs committee that: “Siemens is pursuing its work and has written to Als
RWE Disappointed with Lincolnshire Council’s Move
Triton Knoll Offshore Wind Farm developer, RWE, voiced its disappointment at the Lincolnshire County Council’s letter to the UK Department of Energy and Climate Change (DECC). “Lincolnshire County Council (LCC) have suggested that RWE Innogy UK has approached the community consultation for this proj
FORCE Reinforces Its Team
Today, speaking to industry, science, and government representatives at the Nova Scotia Energy Research and Development Forum, Tony Wright, general manager of FORCE (the Fundy Ocean Research Center for Energy), announced two new staff members and two new volunteer board members have joined the team
Areva Considers Acquiring Alstom’s Wind Turbine Unit
The French government-owned nuclear group, Areva, said it could consider the possibility to acquire Alstom’s wind turbines business if an opportunity presented itself, according to Reuters. At the parliament hearing on nuclear energy held yesterday, Areva CEO Luc Oursel said: “Concerning the wind ac
Sinovel Faces Bonds Freeze
Chinese wind turbine manufacturer Sinovel reported a loss of CNY 3.45 billion (USD 551 million) in 2013, which led to suspension of its bonds from trading by the Shanghai Stock Exchange. On April 30, the Shanghai Stock Exchange temporarily suspended Sinovel’s bonds from trading, and was to decide wi