Offshore Wind
European Parliament OKs Guidelines for EU Energy Infrastructure Package
The European Parliament gave its green light to the guidelines for the EU energy infrastructure package, which sets out corridors for Europe-wide energy infrastructure, seeks to speed-up permits and identifies priority projects, including an offshore electricity grid in the North Sea. “This is reall
European Parliament OKs Guidelines for EU Energy Infrastructure Package
The European Parliament gave its green light to the guidelines for the EU energy infrastructure package, which sets out corridors for Europe-wide energy infrastructure, seeks to speed-up permits and identifies priority projects, including an offshore electricity grid in the North Sea. “This is reall
The Netherlands: Van Oord Net Profit Reaches EUR 98 Million
Van Oord’s turnover for 2012 amounted to EUR 1.676 million (2011: EUR 1,715 million), and net profits for 2012 were EUR 98 million (2011: EUR 118 million). Its order portfolio is well filled, rising to EUR 1.9 billion at the end of 2012. ‘Our net results are in line with our expectations’, says CEO
The Netherlands Could Sell Part of TenneT to Raise EUR 500 Million for Grid Investment
An amount of EUR 500 million, intended for investments in power grid in the Netherlands, is likely to be raised through selling a minority stake in the Dutch power grid operator TenneT, according to Reuters. The company is planning to connect wind farms and to upgrade the grid in the north of the co
Equity Stake in Scottish Tidal Turbine Company Strengthens ABB’s Renewables Assets
ABB, the global power and automation technology group, has led a $12 million investment in Scotrenewables Tidal Power, a provider of tidal turbine systems, to support the rollout of a new hydrokinetic device and to expand ABB’s renewable energy assets. ABB’s participation was made through its ventur
RenewableUK Welcomes Chief Secretary to the Treasury’s Announcement
RenewableUK has welcomed today’s announcement by the Chief Secretary to the Treasury, Danny Alexander, that coastal communities around the UK will be getting a share of millions of pounds of funding to create jobs and support local projects. The Coastal Communities Fund – a pot of money worth £27.8
RenewableUK Welcomes Chief Secretary to the Treasury’s Announcement
RenewableUK has welcomed today’s announcement by the Chief Secretary to the Treasury, Danny Alexander, that coastal communities around the UK will be getting a share of millions of pounds of funding to create jobs and support local projects. The Coastal Communities Fund – a pot of money worth £27.8
Germany: ESS Signs Baltic Wind Farm Contract
Ecosse Subsea Systems (ESS) has been awarded its largest boulder clearing and multi-pass trenching contract to date by Siem Offshore Contractors. ESS will deploy its SCAR plough system for clearing and pre-lay trenching operations on a 90km route on the EnBW owned Baltic 2 offshore wind farm project
UK: ABPmer to Present Its Paper at All-Energy
ABPmer will be presenting a paper at All-Energy, titled “Enhancing the Atlas of UK Marine Renewable Energy Resources”. The government sponsored UK Marine Renewables Atlas, first published in 2004 and updated in 2007, remains the most recognised and widely used source of resource information for the
Technip Acquires Norwegian Ingenium
Technip announces the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry, and provides engineering services
Technip Acquires Norwegian Ingenium
Technip announces the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry, and provides engineering services
Seacat Services to Invest Over GBP 15 Million in Isle of Wight, UK
Seacat Services, a leading offshore wind farm vessel transfer operator, will, by the end of 2013, have invested over £15 million in manufacturing and jobs on the Isle of Wight. This entire investment has been achieved in less than two years and represents a significant cash injection into the local
Germany: PNE WIND Plans to Issue Corporate Bonds
PNE WIND AG intends to issue corporate bonds in the first half of 2013 amounting to EUR 100 million on the Prime Standard segment of the Deutsche Börse (German Stock Exchange). PNE WIND AG intends to use the proceeds to fund both organic and inorganic future growth. To this extent, the planned issua
VIDEO: 3D View of Gwynt y Môr Offshore Wind Farm
The 576MW Gwynt y Môr is one of the largest offshore wind farms currently in construction in Europe. It is a shared investment between partners RWE Innogy, Stadtwerke München GmbH and Siemens. Once fully operational, energy generation from Gwynt y Môr is expected to be equivalent to the average annu