Offshore Wind
Highlights of the Month: May 2015
Siemens Reorganizes Company. 4,500 People to Lose Jobs Siemens announced today that it is on track with the implementation of its concept for the company’s strategic realignment. MT Højgaard Found Not Guilty in Robin Rigg Trial Today, the Court of Appeal in London has ruled that MT Højgaard is not l
Alun Griffiths Wins GBP 25 Mln Swansea Tidal Lagoon Job
Tidal Lagoon Swansea Bay Plc has named Abergavenny-based Alun Griffiths Ltd as preferred bidder for one of the main civil engineering and construction packages for the Swansea Bay Tidal Lagoon. The GBP 25 million contract covers ancillary civil engineering for the project’s public realm works. The s
Alun Griffiths Wins GBP 25 Mln Swansea Tidal Lagoon Job
Tidal Lagoon Swansea Bay Plc has named Abergavenny-based Alun Griffiths Ltd as preferred bidder for one of the main civil engineering and construction packages for the Swansea Bay Tidal Lagoon. The GBP 25 million contract covers ancillary civil engineering for the project’s public realm works. The s
Nordseewerke Files for Bankruptcy
Nordseewerke from Emden, Germany, has filed for bankruptcy due to the upcoming imminent insolvency, CEO Thierry Putters told German media. This affects 188 employees, of whom 80 percent have been working short-time since September 2014. The shipyard was founded in 1903 and was taken over by the stee
Top News of the Week May 25-31, 2015
Queen’s Speech Confirms Conservatives’ Energy Plans Her Majesty The Queen today delivered the speech to the UK Parliament as part of the State Opening of Parliament 2015. The speech sets out the government’s policies and proposed legislative programme for the new parliamentary session. Kentish Flats
Study on Horns Rev 1 OWF’s Effect on Fish Published
Scientists from the National Institute of Aquatic Resources at Technical University of Denmark have studied long-term effects of Horns Rev 1 offshore wind farm in the North Sea on fish communities. The results were published yesterday in Inter-Research’s Marine Ecology Progress Series. The study inv
Wärtsilä Acquires L-3 Marine Systems
Wärtsilä Corporation announces that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalised and control of the company will be transferred to Wärtsilä with effect from 1stJune 2015. In December 2014, Wärtsilä announced that agreement had been reached to acquire
Wärtsilä Acquires L-3 Marine Systems
Wärtsilä Corporation announces that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalised and control of the company will be transferred to Wärtsilä with effect from 1stJune 2015. In December 2014, Wärtsilä announced that agreement had been reached to acquire
Natural Power Appoints New Technical Director
Natural Power has appointed Lauren Wheatley as Director of Technical with a global remit. Wheatley has worked in the renewable energy industry since 2003, and brings extensive experience across all phases of site development including all aspects of wind resource assessment and asset performance. On
BVG Associates Joins NOF
NOF Energy, the business development organisation for oil, gas, nuclear and offshore renewables sectors, has entered a new partnership with BVG Associates to support supply chain development. As one of NOF Energy’s Consultancy Partners, BVG Associates will assist NOF Energy members’ activities in th
WERPO in Talks with Chinese Electrical Supplier
WERPO, together with Beijing Capital Group (BCG), is in discussions with one of the most important electric companies in China for the purpose of building a very large infrastructure for ocean powered generators to produce clean and efficient electricity. WERPO has initially proposed to build a 100
TenneT Issues EUR 1 Bln Green Bond
TenneT Holding B.V. yesterday launched and priced its inaugural Green Bond issue, a EUR 1 billion dual tranche (6 and 12 year) bond issue, each sized at EUR 500 million with coupons of 0.875% and 1.750% respectively with the support of five banks, HSBC Bank plc., ING Bank N.V., Royal Bank of Scotlan
TenneT Issues EUR 1 Bln Green Bond
TenneT Holding B.V. yesterday launched and priced its inaugural Green Bond issue, a EUR 1 billion dual tranche (6 and 12 year) bond issue, each sized at EUR 500 million with coupons of 0.875% and 1.750% respectively with the support of five banks, HSBC Bank plc., ING Bank N.V., Royal Bank of Scotlan
GE Prepares Electrical System for French Tidal Array
With EDF set to operate a tidal energy array near Paimpol-Bréhat in Brittany, France at the end of 2015, GE Power Conversion reported that it is on track for finalization of the electrical conversion system, due for summer 2015. GE’s Belfort team is working diligently to perform relevant tests befor