In July 2012 (ref. company announcement No. 30/2012 of 31 July 2012), Vestas agreed with its lenders to defer the half-year testing of the financial covenants. Following this and during the autumn of 2012, Vestas has conducted a thorough review of the future funding requirements of the company’s new
China Longyuan Power Group Corporation Limited officially announced that with completion of the 50MW Phase II construction of Longyuan Jiangsu Rudong 150MW Offshore (Intertidal Zone) Demonstration Wind Farm, this 150MW Intertidal Offshore Demonstration Wind Farm was commercially put into operation.
Germany is expecting to solve the liability issue in offshore wind sector by the end of this year, so the bill aiming to provide investment security for the industry could enter into force early in 2013. Peter Altmaier, German Environment Minister, is quoted by Bloomberg as saying that he is hoping
The recent boom in the energy industry is being reflected in the increased interest for this year’s Offshore Achievement Awards. Inquiries for the Significant Contribution award are already much higher than last year, after the category was widened to take into account a greater number of potential
Windstream Energy LLC has filed a notice of intent to claim CAD 475 million of damages under North American Free Trade Agreement (NAFTA) for lost profit due to the Ontario’s moratorium on offshore wind farms, writes The Star. Last year the Canadian government posed moratorium on offshore wind projec
Ofgem has welcomed DECC’s announcement on energy policy. Ofgem’s Senior Partner for Markets Andrew Wright said: “Ofgem welcomes today’s announcement by DECC on the future of energy policy. We will continue to work constructively with Government to get the best outcome for consumers both now and in t
On the 31st of October 2012, Chevalier Floatels commissioned Holland Shipyards to undertake the conversion of DP Gezina. The vessel will be converted and upgraded to DP2 Service Support Vessel for staff accommodation and transport to offshore wind farms installations. The key words: wellbeing and co
Five personnel were safely brought back to Wells on the personnel transfer vessel Island Panther on Wednesday night after the vessel was involved in a collision in the field with a transition piece. Immediately after the incident the Coastguard was alerted and lifeboats from Wells and Cromer were di
As thousands of soldiers gear up to face redundancy in the New Year, one former serviceman is celebrating after scooping a job in the rapidly growing wind sector. Jamie Isbister, 41, from North Shields has become a wind instructor at Maersk Training Newcastle, training people who want a new career i
BVG Associates, a highly respected consultancy with expertise in wind and marine energy technology and supply chain development, has chosen to locate their new Scottish office in Burntisland, Fife. The renewable energy sector is set to become one of Scotland’s major growth areas in the next decade a
The partners behind the European Offshore Wind Deployment Centre (EOWDC) today welcomed the report on the achievability of the Scottish Government’s renewable energy targets. The report makes the following references to the EOWDC: 39. The Committee is strongly of the view that grid-connected test fa
Danish and UK energy ministers discussed the development of a subsea cable between the countries as a project of major importance for renewable energy, Subsea UK reports. Denmark is considering the increase of links to foreign electricity markets as it prepares for the growing role of alternative so
International marine engineering company SeaRoc have announced the location of the company’s global headquarters as Chichester, South East England, and with it, revealed plans to increase the organisations work force to 75 staff in 2013. Chichester, some 30 miles from former Brighton base for SeaRoc
Today’s report from the Scottish Government’s Economy, Energy and Tourism Committee said that tourism would not be negatively affected by wind turbines, what dismissed Donald Trump’s claims that offshore wind development would seriously damage Scotland’s financial state by discouraging tourists to v
