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Business & Finance

Scottish Renewables Appoints New Chairman and Vice-Chair
Business & Finance

Scottish Renewables Appoints New Chairman and Vice-Chair

Ronnie Bonnar, Managing Director of Repsol Nuevas Energias UK, has been named as the new Chairman of Scottish Renewables. Ronnie, who has had a long career in the offshore oil and gas sector in the north of Scotland, was instrumental in taking forward Talisman Energy’s Beatrice Demonstrator Project

about 13 years ago
Irish-Scottish Offshore Grid Study Gets GBP 1 Million of European Funding
Business & Finance

Irish-Scottish Offshore Grid Study Gets GBP 1 Million of European Funding

A detailed study into how an offshore electricity grid between Scotland, Northern Ireland and Ireland could be introduced has now been commissioned after being awarded European funding. The second part of the flagship Irish-Scottish Links on Energy Study (ISLES) has now been given £1 million to exam

about 13 years ago
Germany: RWE Saves 12 Hours by Loading Foundations at Its Own Base Port
Business & Finance

Germany: RWE Saves 12 Hours by Loading Foundations at Its Own Base Port

The foundations for the Nordsee Ost wind farm were loaded for the first time at the quay of RWE’s base port at Bremerhaven. This optimises the company’s port logistics and will reduce the time required to load the company’s installation vessel by some 12 hours in the future. The first six of the hug

about 13 years ago
Vos Prodect to Supply Cable Hang-Off Systems for Nordsee Ost OWF (Germany)
Business & Finance

Vos Prodect to Supply Cable Hang-Off Systems for Nordsee Ost OWF (Germany)

ABB AB has appointed Vos Prodect Innovations as preferred supplier for engineering, testing and supply of cable hang-off systems for the RWE’s 48- turbine Nordsee Ost (NSO) offshore wind farm in the German North Sea region. Vos Prodect cable hang-off systems will be used to provide flexibility in ca

about 13 years ago
Shanghai Electric Targets 30 Pct in China’s Offshore Wind Turbine Market
Business & Finance

Shanghai Electric Targets 30 Pct in China’s Offshore Wind Turbine Market

As offshore wind sector in China is set to grow rapidly, Shanghai Electric Group voiced its intention to become the leading company in the country’s offshore wind turbine market by taking over 30% thereof, writes the Shanghai Daily. The company will supply 28 wind turbines, with 3.6 MW capacity each

about 13 years ago

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Germany: North Rhine-Westphalia Leader in Offshore Wind Energy, Says WAB
Business & Finance

Germany: North Rhine-Westphalia Leader in Offshore Wind Energy, Says WAB

North Rhine-Westphalia is leading the way in Germany when it comes to sales and employment in offshore wind energy. Offshore industry network WAB pointed this out at the “5th Wind Energy NRW Industry Day”. With a share of around 23% of sales in German sales, North Rhine-Westphalia is in front of oth

about 13 years ago
IMDC Wins Engineering Office Contract for Belgian Artificial Island
Business & Finance

IMDC Wins Engineering Office Contract for Belgian Artificial Island

The contract for Engineering Office to support Elia Asset NV in the design, development and realization of the Artificial Island, called Alpha, part of the Belgian Offshore Grid (BOG), in the North Sea has been awarded to IMDC. The Belgian Offshore Grid (BOG) consists of 2 OHVS platforms and the nec

about 13 years ago
PensionDanmark to Invest USD 200 Million in Cape Wind
Business & Finance

PensionDanmark to Invest USD 200 Million in Cape Wind

Via the fund Copenhagen Infrastructure I, managed by Copenhagen Infrastructure Partners, the pension fund PensionDanmark is funding a conditional investment commitment of 200 million USD in America’s first offshore wind farm, Cape Wind. The aim is to close the deal to construct the wind farm this ye

about 13 years ago
Germany: EnBW Launches New Strategic Orientation
Business & Finance

Germany: EnBW Launches New Strategic Orientation

“New energy concept. Safe. Hands on.” – is the keynote for the strategic reorientation of EnBW Energie Baden-Württemberg AG. This strategic reorientation is how the company is responding to major changes in the energy sector, and with which it aims to tap long-term growth opportunities. “Our EnBW 20

about 13 years ago
Lamprell: Refinancing of Debt Facilities (UAE)
Business & Finance

Lamprell: Refinancing of Debt Facilities (UAE)

Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announced that it has signed binding commitment letters and detailed heads of terms for the arrangement of a new secured banking facil

about 13 years ago

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Nelja Energia Opens Largest Lithuania’s Wind Farm, Focuses on Offshore Wind in Estonia
Business & Finance

Nelja Energia Opens Largest Lithuania’s Wind Farm, Focuses on Offshore Wind in Estonia

On Tuesday, 11th of June, Nelja Energia opened the Ciuteliai wind farm in Lithuania. It is Lithuania’s largest wind farm with a total capacity of 39.1 MW. Martin Kruus, the Chairman of the Board of Nelja Energia said the company invested approximately 57.4 million Euros in developing the new wind fa

about 13 years ago
UK: All-Energy Fruitful for South West Marine Energy Park
Business & Finance

UK: All-Energy Fruitful for South West Marine Energy Park

The South West’s marine renewable industry was recently showcased at All Energy, the UK’s largest renewable energy trade show held in Aberdeen. Twelve members of the South West Marine Energy Park (SWMEP), a partnership made up of local government, academia and industry, exhibited on a SWMEP stand. T

about 13 years ago
Switzerland: ABB Names Ulrich Spiesshofer as CEO
Business & Finance

Switzerland: ABB Names Ulrich Spiesshofer as CEO

The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer. He will succeed Joe Hogan in this role in an orderly transition on September 15, 2013. Hogan will continue with ABB for some months as Senior Advis

about 13 years ago
Germany: WINDEA to Expand Its Offshore Wind Services with Damen FCS 2610
Business & Finance

Germany: WINDEA to Expand Its Offshore Wind Services with Damen FCS 2610

The WINDEA Offshore GmbH & Co. KG has signed a Letter of Intent together with DAMEN Shipyards regarding the sale of one CTV new building in order to expand its all in all service portfolio for offshore wind farms. The vessel captivates through very good sea characteristics and high flexibility durin

about 13 years ago