Offshore Wind
Wind and Renewables Bring Siemens EUR 72 Million Quarterly Profit
Berlin-headquartered conglomerate Siemens AG saw its bottom line for the fourth quarter of 2015 boosted by EUR 72 million net profit recorded in the company’s wind power and renewables arm. Siemens added EUR 2.716 billion of new orders through the wind power and renewables department in the quarter
MTS Hands Over the Sea Slice
UK-based marine service provider Marine and Towage Services Group Ltd. (MTS) has completed the charter to deliver the Sea Slice, a specialist offshore vessel, to its new Danish owners, Advanced Offshore Solutions. The 1996-built Sea Slice, originally designed as an experimental vessel for the US Nav
Vattenfall Goes Large-Scale in Denmark
Vattenfall has sold 88 older turbines from 19 wind farms on Jutland with a total capacity of 65 MW to Green Power Partners K/S for undisclosed sum. The sale of a number of smaller wind farms on Jutland will allow Vattenfall to focus specifically on large onshore and offshore wind power projects. “Th
Taiwanese Offshore Wind Gets O&M Guidelines
BMT Asia Pacific, IT Power and Ramboll have completed the second phase of their project that started in 2014 with an aim to provide Taiwan’s offshore wind industry with a series of guidelines for the future developments around the island. The first phase of the project provided guidelines for the de
Apple Pledges €1 Mln for Ocean Energy Development
The Sustainable Energy Authority of Ireland (SEAI) has signed a Memorandum of Understanding with Apple to promote the development of ocean energy in Ireland. Apple has committed a €1 million fund that will help developers who receive an SEAI grant to test their ocean energy prototypes in the Galway
Apple Pledges €1 Mln for Ocean Energy Development
The Sustainable Energy Authority of Ireland (SEAI) has signed a Memorandum of Understanding with Apple to promote the development of ocean energy in Ireland. Apple has committed a €1 million fund that will help developers who receive an SEAI grant to test their ocean energy prototypes in the Galway
Impairment Charges Push E.ON to Record Loss
Germany’s utility E.ON reported an all-time-high EUR 5.7 billion net loss for the first nine months of 2015, largely due to the impairment charges of EUR 8.3 billion recorded in the quarter ended September 30, coming from writedowns in the company’s power plants and its oil and gas division. The com
RWE-Led Consortium to Bid for Dutch Borssele OW Projects
RWE Innogy, EDP Renewables and Macquarie Capital have formed a consortium to participate in the forthcoming Dutch offshore wind tender for Borssele I and II projects, each with a 350MW capacity. Macquarie Capital will also act as the consortium’s financial adviser. The tendering procedure for Borsse
RWE-Led Consortium to Bid for Dutch Borssele OW Projects
RWE Innogy, EDP Renewables and Macquarie Capital have formed a consortium to participate in the forthcoming Dutch offshore wind tender for Borssele I and II projects, each with a 350MW capacity. Macquarie Capital will also act as the consortium’s financial adviser. The tendering procedure for Borsse
Sabella D10 Feeding Power to French Grid
Sabella’s D10 tidal turbine, deployed in June 2015 in the Passage du Fromveur, has started delivering its first kilowatt hours following the connection to the electricity grid at Ouessant Island on 5 November. Since its connection to the island in late September, a 2km long submarine cable has been
Wind Energy Link Certified with AMC ISO 55 001
Wind Energy Link (WELink), the global asset management, wind and logistics joint venture between Peterson, ATO Sustainable Business Engineers and Asset Management Control Tools & Training, has received the AMC ISO 55 001 quality certificate of product approval. The quality certificate was awarded fo
Gamesa Doubles Net Profit
Spanish wind energy developer, Gamesa, has doubled net profit to €126 million in the first nine months of 2015. The result is driven by improvements in revenues (+30.4%) and underlying EBIT (+67.2%), and is in line with the Business Plan 2015-17, according to the company. Gamesa experienced strong g
UK: Six Major OW Players to Show Why Offshore Wind Works
Six operators constructing and operating wind farms off the Suffolk, Norfolk and Essex coasts will come together to emphasise the industry’s importance on 19 November at OrbisEnergy in Lowestoft. Offshore Wind Works, one of a series of events around the UK in Offshore Wind Week, facilitated by EEEGR
UK: Six Major OW Players to Show Why Offshore Wind Works
Six operators constructing and operating wind farms off the Suffolk, Norfolk and Essex coasts will come together to emphasise the industry’s importance on 19 November at OrbisEnergy in Lowestoft. Offshore Wind Works, one of a series of events around the UK in Offshore Wind Week, facilitated by EEEGR