Business & Finance
The Netherlands: EEW SPC to Manufacture 75 Monopiles for Gemini OWF
Van Oord Offshore Wind Projects B.V. has assigned EEW Special Pipe Constructions (EEW SPC) GmbH to manufacture and deliver 75 monopiles for the Gemini offshore wind farm. The monopiles with a diameter of up to 7 meters weigh up to 850 tons. The contract was signed at the beginning of November 2013,
ORE Catapult: Setting Suitable Standards Key to Cutting Offshore Renewables Cost
Cost reduction in offshore renewable energy sector is a major issue to everyone involved in it. Charles Thompson of the Offshore Renewable Energy (ORE) Catapult has posted an article on this topic. Written by Andrew Jamieson: When I was a trainee engineer coming into the nationalised electricity ind
Germany: Hochtief Plans to Sell Offshore Division
German construction group Hochtief is very likely to sell its offshore division, according to German newspaper Wirtschaftswoche and the Handelsblatt. Company’s spokesman did not confirm this, explaining that their final decision is conditioned by political developments. This probably means that the
Offshore Energy 2013: EWEA Leads the Fight for 2030 Binding Renewable Energy Target
At this year’s Offshore Energy exhibition and conference in Amsterdam, Offshore WIND had a conversation with Anne-Bénédicte Genachte, Corporate Relations Manager at the European Wind Energy Association (EWEA), which is pushing for the 2030 binding renewable energy target. Offshore WIND: As we are al
Sabik’s Newly Established Company to Supply OWF Signalization to UK Operators
Sabik Group, headquartered in Finland, has established a new company in the United Kingdom to enhance the worldwide distribution of the Carmanah/Sabik Marine Aids to Navigation. Sabik, a specialist in the marking of offshore wind farms, will be supplying the UK operators with a full solution includi
Bremen Shares Offshore Wind Know-How with New Bedford, USA
A delegation from Bremen visited New Bedford last week and met with the city’s officials to discuss Bremen’s experience and possible cooperation in the offshore wind logistics branch. The delegation was membered by Jens Eckhoff, president of the Foundation for Offshore Wind Energy; Frank Dreeke, CEO
PNE WIND Significantly Extends Its Offshore Wind Project Pipeline in Q3
PNE WIND AG has issued its financial results for the first nine months of 2013, and stated that this period of the financial year was characterised by the setting of a decisive operational course. During this period, the PNE WIND successfully concluded the biggest capital transaction in the company’
Elia Seeks Offshore Substation Supplier for Belgian Offshore Grid Project
Elia Asset NV is looking for a supplier of a high-voltage offshore substation for its Belgian Offshore Grid (BOG) project. The work includes the design, engineering, supply, construction, installation and commissioning of the offshore substation. Also, the contract may incorporate the operation, mai
IER: N.J. Offshore Wind Project Reveals True Cost to Taxpayer
The Institute for Energy Research (IER), based in Washington, D.C., recently published an article on offshore wind energy’s financial viability in New Jersey, appraised through Fishermen’s Atlantic City Windfarm (FACW) project, which had been rejected by the New Jersey Board of Public Utilities (BPU
ABS Appoints New Chief Scientist for CFD (USA)
ABS has announced that it has appointed Dr. Richard Korpus as Chief Scientist, Computational Fluid Dynamics (CFD). Mr. Korpus will support the Chief Technology Officer (CTO) and the organization through his focus on developing and applying CFD technology. “We see technology as the road forward,” say
Statkraft Releases Q3 Results
Statkraft published its Q3 results today, which show that in the third quarter of 2013 the company achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 1867 million, an improvement of NOK 614 million compared with the corresponding quarter in 2012. Unrealised currency effects
Germany: Siemens’ Wind Division Generates EUR 178 Million in Profit
Siemens’ wind power business has generated €179 million in profit, show the company’s fiscal 2013 results for the fourth quarter. Comparing to the same period last year profit rose 34%, mostly by increased installation of offshore wind farms in Europe, while the revenue rose 10% year-over-year due p
EMEC to Support Development of Wave, Tidal Test Site in Singapore
The European Marine Energy Centre (EMEC) will support the development of a marine energy test site in Singapore. The EMEC, based in Orkney, Scotland and the Energy Research Institute at Nanyang Technological University (ERI@N), Singapore, signed a Memorandum of Understanding on November 1. Under the
Fundy Tidal to Attract Investment for Community Projects (Canada)
Fundy Tidal Inc. announced yesterday that it is set to attract local investment for community projects, as it has successfully completed its Community Economic Development Investment Fund (CEDIF) Offering. “In so doing the company is confirmed as an eligible proponent under the Province of Nova Scot