Offshore Wind
Siemens Tops 1GW in Turbines Installed off German Coasts
Siemens has supplied, installed and commissioned 80 wind turbines for the 288-megawatt DanTysk offshore wind farm, which was officially inaugurated yesterday. The installed capacity of all Siemens wind turbines in German waters is now more than 1 gigawatt. Around 300 wind turbines installed across e
Keynvor MorLift’s New Cougar XT ROV in Service
Keynvor MorLift Ltd (KML), which added a second Saab Seaeye Cougar XT to their ROV fleet last year, reported that the vehicle is now in service and performing as expected. Alongside their more conventional Cougar assignments, Keynvor MorLift specialises in deploying their Cougars for operational, in
Dong Issues Hybrid Securities of EUR 600 Million
Dong Energy has issued hybrid securities of EUR 600 million with first par call date on 6 November 2020. The new issuance is a refinancing of the existing hybrid security issued in 2005, which will be called on its first par call date being 29 June 2015. The maturity date for the hybrid securities i
‘Severn Provider’ Working at Meerwind OWF
Severn Offshore Services’ new vessel Severn Provider has commenced operations in the German sector of the North Sea. The 26-metre Damen Twin Axe crew transfer vessel was recently christened at Damen Shipyards, Gorinchem and mobilised immediately to its first job earlier this month. The vessel is now
EnBW Takes Renewables Road to Boost Profit
EnBW made good progress in the previous financial year in implementing its 2020 business strategy, while it reported that its adjusted EBITDA in 2014 was 2.6% lower than in previous year. As a result of expectations of a continued fall in electricity prices, it was however necessary to make signific
Conwy Groups Invited to Bid for Rhyl Flats Funds
Community or voluntary groups, charities, and town and community councils can apply for grants of between £2,000 and £10,000 from the Rhyl Flats Offshore Wind Farm Community Fund. Grants can be used for capital and or revenue projects which: promote community spirit and encourage community involveme
Conwy Groups Invited to Bid for Rhyl Flats Funds
Community or voluntary groups, charities, and town and community councils can apply for grants of between £2,000 and £10,000 from the Rhyl Flats Offshore Wind Farm Community Fund. Grants can be used for capital and or revenue projects which: promote community spirit and encourage community involveme
Ricardo MultiLife Bearing System Goes for a Spin
Ricardo MultiLife wind turbine bearing system, having the potential to improve wind turbine reliability and extend turbine bearing life by more than 500 percent, has been successfully installed and commissioned on a 600 kW turbine at the Barnesmore wind farm operated by ScottishPower Renewables in C
RentOcean Secures Funding for New Gear
RentOcean has signed a EUR 15 million revolving term loan facility provided by NIBC Bank N.V. The facility matures in 3 years after the facility start date. Proceeds of drawdowns under the facility will be used for investments in new rental equipment. “In line with our strategy of further enhancing
Fraunhofer IWES: Offshore Wind Capacity Doubled in 2014
Fraunhofer IWES has issued its annual report on wind energy “Wind Energy Report Germany 2014“, which has shown that the wind energy is on the rise, both globally and in Germany. Worldwide, 2014 saw over 51 GW of installed wind capacity, and global power consumption already comprises 3% of wind energ
Fraunhofer IWES: Offshore Wind Capacity Doubled in 2014
Fraunhofer IWES has issued its annual report on wind energy “Wind Energy Report Germany 2014“, which has shown that the wind energy is on the rise, both globally and in Germany. Worldwide, 2014 saw over 51 GW of installed wind capacity, and global power consumption already comprises 3% of wind energ
Iberdrola Profit Stable at EUR 840.8 Mln
Iberdrola recorded first quarter Ebitda of €2,136.3 million, a rise of 8.8%, while net earnings were stable at €840.8 million (-0.7%). Recurring net profit rose 7.2% to €795.9 million. These results were made possible by growth in international businesses, which increased their contribution to Ebitd
Wello Extends Penguin’s Stay at EMEC
Finnish wave energy developer Wello Oy is extending its testing programme at the European Marine Energy Centre (EMEC) in Orkney having signed a one year extension to their original contract. Their 1MW Penguin wave energy converter has been undergoing testing in Orkney since June 2011, and was first
Atlantis Acquires MCT
Atlantis has reached an agreement to acquire the Bristol based tidal business, Marine Current Turbines Limited (MCT) from Siemens. MCT was the company to installation and commission the world’s first commercial scale tidal turbine in 2008. The SeaGen S 1.2MW turbine, located in Strangford Narrows in