The French cable specialist, Nexans, has reported a net loss of EUR 58 million (profit of EUR 25 million) after taking into account 38 million euros in net cost of debt and a 10 million euro income tax expense. On the other hand, EBITDA came to EUR 167 million, up from EUR 147 million in the first s
Oceanteam Shipping ASA has acquired the remaining 48% stake in OCEANWIND BV and is now the sole owner of Oceanwind Cable Storage & Handling Solutions. As a result of the acquisition the company’s name will be changed to Oceanteam Cable Solutions, whereby it can now fully focus and grow its worldwide
ABB has commissioned and handed over the DolWin1 offshore wind grid connection to the Dutch-German transmission system operator TenneT. The 800 megawatts (MW) High Voltage Direct Current (HVDC) link connects offshore wind farms around 75 kilometers off the German coast in the DolWin cluster, with th
Norddeutsche Seekabelwerke GmbH (NSW), a wholly owned subsidiary of General Cable, was awarded the contract for the supply and installation of inter-array cables for the Nordergründe offshore wind farm. After the first contract was signed on 29 January 2015 the parties to the contract have finished
Furukawa Electric Co., Ltd. has been selected as an intended outsource company for the “Next-Generation Offshore DC Power Transmission System Development Project” run by the New Energy and Industrial Technology Development Organization (NEDO). The development of the project will start this year and
VBMS has completed the repair of an inter-array cable at Trianel Windpark Borkum phase 2. The scope of work included the removal of the defective cable, and installation, burial, terminations and testing of a replacement cable which was completed in less than 48 hours, from arrival to departure. The
Alstom and Nordic Yards have installed two 700 MVA power transformers on the DolWin3 converter platform based in the Warnemüde shipyard in Germany, operated by Nordic Yards. The transformers were designed and built by Alstom specifically for the DolWin3 converter project at its Mönchengladbach plant
Sabella will try to connect its D10 tidal turbine with French Ushant island again next week, the company told Tidal Energy Today news site. At the end of June, Sabella reported issues with the cable connection since the MV Palembang was unsuitable for the work. Now, the company said it will give it
Dutch subsea cable specialist, VBMS, has installed the last cable at the Westermeerwind offshore wind farm. “In total, we have installed 48 inter array cables between the wind turbines and six export cables that connect the offshore wind farm to the mainland,” said the VBMS spokesperson. Now, the co
Offshore Marine Management (OMM) has been awarded a contract by RWE Innogy to deliver cable repair and an option for maintenance services to the German Nordsee Ost offshore wind farm. The five-year agreement will involve OMM working in collaboration with the firm to provide essential structural and
Registration of interested parties for the project which will connect the Triton Knoll offshore wind farm to the national grid has closed. Triton Knoll Electrical System comprises substation, underground cables, the offshore export cables an electrical compound along the onshore cable route. After t
EU countries have agreed to invest a total of €150 million for 20 cross-European energy infrastructure projects. The projects will increase energy security by contributing to the completion of an EU energy market and increasing the integration of renewable energy on the electricity grid, European C
Contracts totalling €1.5billion have been awarded to build the NSN link – the first electricity link between UK and Norway. NSN Link has contracted two cable suppliers, Prysmian and Nexans, to deliver the cable needed for the 740 kilometre route length. The converter stations in both UK and Norway w
Minister of Energy of the State of Mecklenburg-Vorpommern, Christian Pegel, has given 50Hertz a planning approval for a major part of its Ostwind 1 offshore cable project in German part of the Baltic Sea. The approval covers the construction and operation of approximately seventy kilometers long cab
