Offshore wind remains a key focus area for LM Wind Power, the company stated as it issued its 2016 annual results, reporting a revenue of EUR 1.06 billion, (EUR 750 million in 2015) and an EBITDA of EUR 174 million (EUR 98 million in 2015).
Micro Shelter Solution informed that it had participated to the radar/VTS equipment installation for the Galloper offshore wind farm foundations, all of which are now installed at the project site in the UK.
Some 90% of Norwegian shipowners find the offshore wind industry as interesting for their activities in the future, according to a diagram published by the Norwegian Shipowners’ Association.
Adwen has entered the final stages of the installation of its AD 8-180 offshore wind turbine prototype in Bremerhaven, Germany.
TenneT launched and priced the first-ever green hybrid bond in an amount of EUR 1 billion on 29 March.
TenneT launched and priced the first-ever green hybrid bond in an amount of EUR 1 billion on 29 March.
Dounreay Tri Ltd has closed a EUR 45 million senior secured bond issued in the Nordic bond market, the proceeds of which will be used to partially fund construction costs of the company’s planned 10MW floating offshore wind installation.
German offshore wind farms in the North Sea and the Baltic Sea generated 12.09 terawatt hours (TWh) of electricity in 2016, a 45.7 percent jump compared to 8.3 TWh generated by wind farms off Germany in 2015, TenneT reports.
Sif Group reported a revenue of EUR 400.3 million for 2016, a 24.6% increase from EUR 321.3 million in 2015, with the company’s net earnings rising by 5% from EUR 35.6 million in 2015 to EUR 37.4 million last year. The company’s net debt also increased, but mainly due to building new facilities that
C-Job Naval Architects will provide the Basic Design package for the new wind farm installation vessel ordered by DEME from COSCO (QiDong) Offshore in China.
Offshore wind could potentially be fully integrated into the market on a competitive basis in some European countries within the next decade, according to a new report published by the International Energy Agency’s Renewable Energy Technology Deployment programme (IEA-RETD).
One of the primary drivers of non-access days at offshore wind farms is wave height, and new generation crew transfer vessels (CTVs) with a larger wave height operating range would be expected to bring non-access days down for sites with higher mean monthly Hs, according to the SPARTA Portfolio Revi
Van Oord has signed a contract for modification of its offshore installation vessel Aeolus with Damen Shiprepair at Schiedam.
Van Oord has signed a contract for modification of its offshore installation vessel Aeolus with Damen Shiprepair at Schiedam.
