Business & Finance
Acteon Launches Core Grouting Services
Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil and gas platforms and offshore wind farms. Core’s grouting capability allows Acteon to offer a complete suite of offshore fo
France Aims for Better Deal with GE
The French government has opposed General Electric’s (GE) current bid of USD 16.9 billion for Alstom, describing it as “not good enough.“ In a letter to the American company, French economy minister Arnaud Montebourg wrote: “As it stands, we unfortunately cannot support the proposals you have made.“
Principle Power Scores Twice
Principle Power, Inc. welcomed the U.S. Department of Energy’s (DOE) selection of the WindFloat Pacific project for $47 million in matching grant funding, and deal with Deepwater Wind to complete the development of the WindFloat Pacific project. DOE funding will accelerate the development of the 30-
UMaine’s Offshore Wind Project Comes in Fourth
The University of Maine’s offshore wind project known as New England Aqua Ventus was selected fourth after the U.S. Department of Energy announced the selection of three finalists for the next phase of its Advanced Technology Demonstration Program. Three of the six projects, all of which are at 50 p
Deepwater to Develop Floating Wind Farm
Deepwater Wind revealed plans to develop the West Coast’s first-ever offshore wind farm – a project poised to become the world’s first commercial project to use cutting-edge floating foundation technology. Deepwater Wind entered into an agreement several months ago with Principle Power to complete t
Dominion Welcomes Government’s Funding
Dominion Virginia Power has been awarded an additional $47 million from the United States Department of Energy (DOE) to help fund the construction of a 12-megawatt demonstration project, consisting of two 6-megawatt offshore wind turbines on innovative substructures that will produce enough electric
SCORE Grants £48K to Tidal Transit
Born from an established business offering day charter fishing trips from Brancaster Staithe, Tidal Transit developed into a crew transfer and marine survey vessel provider predominantly servicing the offshore wind sector. The latest addition to Tidal Transit’s fleet is being developed with SCORE fu
Bureau Veritas’ Type Certification of Wind Turbines to Comprise GL Guidelines
Bureau Veritas has announced it has successfully extended its current COFRAC accreditation to undertake Type Certification of wind turbines and components to include the GL Guidelines. This development extends Bureau Veritas capability to offer certification services to clients in the wake recent ce
BSH Approves OWP West Project
Federal Maritime and Hydrographic Agency of Germany (BSH) has issued a construction and operating license for the OWP WEST offshore wind farm. The decision comes as a result of an eight-year approval process amid which extensive studies on marine safety, environmental protection, geology, as well as
Navitus Bay to Reimburse Local Companies’ Losses
Navitus Bay developers are proposing to compensate losses that local marine businesses might incur due to the construction of the offshore wind farm. Campaigners fighting the project claim that this is a signal that the developers are acknowledging the project’s negative impacts on tourism, the BBC
Siemens’ Energy Division Profit Down 54 Pct
German conglomerate Siemens reported the second-quarter profit of €255 million for its energy business, which is 54% lower than in the same period last year. Some of the factors that contributed to this are charges of €48 million, caused by a malfunction of bearings in some onshore wind turbines, an
Siemens Restructures Its Business
Starting October 1, 2014, Siemens’ activities will be organized into nine Divisions. The Wind Power and Renewables Division will serve, among other things, the rapidly growing field of onshore and offshore wind power generation. As part of its realignment, Siemens AG has also named its future manage
James Fisher, Mammoet Partner Up to Strengthen Their Businesses
James Fisher Marine Services Ltd (JFMS), part of James Fisher and Sons plc – the UK’s marine services provider, has announced the signing of a cooperation agreement with Mammoet Salvage B.V, a division of Mammoet. This provides an opportunity for combined capability and expertise, providing enhanced
Dong Energy Browsing Locations for Race Bank Construction Base
At a recent official launch of the Race Bank offshore wind farm project in Sutton Bridge, Dong Energy confirmed that it is looking for a suitable location for the project’s base, which could create 90 direct jobs. Robert Thornhill, Dong Energy’s project development manager said that the company coul