Business & Finance
Singapore: Keppel to Deliver Offshore Wind Turbine Installer to Seafox
Keppel FELS Limited (Keppel FELS) is on track to deliver Seafox 5, one of the largest and most advanced multi-purpose offshore wind turbine installers of its kind to the Seafox Group, ahead of time and with an impressive safety record. The vessel, Seafox 5, is able to operate in harsh environments a
SCHRAMM, Elbe Holding Cooperate in Offshore Wind Services, Germany
SCHRAMM Group GmbH & Co. KG (Brunsbüttel) and Elbe Holding GmbH & Co. KG (Cuxhaven) have joined forces in order to provide services to offshore wind industry stakeholders from the Cuxhaven Port. The convenient access Port of Cuxhaven enables to many offshore wind farms in the North Sea is of great s
Denmark: New DONG Energy CEO to Assume Position on August 27
Henrik Poulsen says that he is looking forward to meeting his new colleagues and get an introduction to the business units, customers, shareholders and DONG Energy’s different locations from power stations, wind turbines, the production platform in the North Sea to the offices in Denmark and Norther
Denmark: Many Contracts for Anholt Offshore Project Went to Local Firms
In connection with the construction of Anholt offshore wind farm, DONG Energy has put the various contracts out to public tender, and many orders have gone to local companies, either directly or indirectly. Small businesses often struggle to make an impact with their bids when large companies such a
Ireland: Administrative Expenses Triple at Wavebob
Wavebob, a leader in the design and development of environmentally sustainable wave energy conversion systems, said that its administrative expenses have tripled to € 1.8 m last year. Last year, the company received a € 1.3 m government grant. After receiving the grant no costs were capitalised whic
UK: Dalby Offshore Renewables Buys Another Alicat Vessel
Dalby Offshore Renewables purchased Boat 12 from Alicat Workboats of Great Yarmouth, after it bought two crew transfer vessels from the Great Yarmouth’s company earlier this year. Prior to purchasing the two crew transfer vessels, Dalby put the Alicat through its paces with various sea trials and an
Porpoises, WW2 Mines Increase Costs of German Offshore Wind Projects
Porpoises and unexploded mines left from the Second World War are increasing the costs of offshore wind projects in Germany, while also putting more delays to the country’s energy transition. Namely, after environmental groups complained that driving foundations into the seabed damages the hearing o
UK: TINAs Analyses Potential of Marine Energy, Electricity Networks and Carbon Capture
Low carbon technologies have been put under the spotlight with the publication of three in-depth reports into key areas of innovation. This new analysis, under the Technology Innovation Needs Assessments (TINAs), delves into marine energy, electricity networks and storage, and Carbon Capture and Sto
UK: Gravitas Offshore Secures Innovation Funding from DECC and TSB
Gravitas Offshore Limited is the latest UK company to secure innovation funding from a DECC and Technology Strategy Board (TSB) innovation scheme to support the development of next generation offshore wind technology. Energy and Climate Change Minister Greg Barker said: “The Coalition is committed t
Finland: Two Moventas Companies Merge
Wind gear manufacturer Moventas Wind Oy and industrial gear manufacturer Moventas Santasalo Oy are merging into one company on 31 August, 2012. The new company, named Moventas Gears Oy, continues the operations of both companies. “Our new name, Moventas Gears, represents us well. We are an expert in
UK: Spencer Group Gets Humber Gateway Contract
A local firm has teamed up with a leading electrical technology provider to put the latest piece into place for E.ON’s £736m Humber Gateway Project. Spencer Group has been engaged by CG Power to install the civil infrastructure for the new substation which will connect the power from the new Humber
Denmark: Pension Funds Eye Wind Energy Projects
Hunting for higher returns, pension funds are acquiring stakes in wind power projects, reports Reuters. Namely, these projects were dubbed too risky by banks and other investors. DONG Energy’s acting deputy CEO for wind power Morten Buchgreitz said: “I hope this will be a model that catches on becau
Germany: Nordex’s Order Backlog Up 50 Pct to EUR 873 Million
The Nordex Group posted a 4.4 percent increase in sales to EUR 421.1 million in the first half of 2012 (2011: EUR 403.3 million). This growth was driven by the Company’s core European market, where sales grew by 17.2 percent to EUR 338.2 million. At EUR 522 million, new orders remained steady at the
JDR to Deliver Subsea Cables for Meerwind Sud/Ost Offshore Wind Farm, Germany
JDR has announced that the company has been selected by WindMW GmbH as a partner for the Meerwind Sud/Ost Offshore Windfarm. The project will use 80 wind turbines to generate 288 megawatts of electricity and will be located approximately 23km north of the island of Helgoland, with completion planned