Munich Re and Allianz, German insurance companies, declined to comment on a newspaper report which says that they were considering buying power grid from TenneT, one of Germany’s transmission system operators. Reuter informs that Munich Re stated that it could not confirm the alleged interest, while
It’s tough to do onshore, tougher on wind farms built close to shore, but what of these farshore wind power plants? Can the industry cope with those challenges? In June 2011 Claus Rose, in his role as Chairman of Global Wind Organisation told an audience at a conference organised by leading think ta
HOCHTIEF generated profit before taxes of EUR 166.1 million in the second quarter of 2012 after incurring a loss in the first three months of the year. The HOCHTIEF Asia Pacific division returned to the black. The troubled Airport Link project, a toll road in Brisbane, was opened to traffic and hand
Overdick has announced that the Heavy Lift Jack-Up Vessel “Innovation” has successful completed sea and jacking trials and has been delivered to their clients of HGO Infra Sea Solutions (HOCHTIEF Solutions and GeoSea) by the shipyard Crist in Gdynia. The HLJV “Innovation” is the most capable Jack-Up
The governor of Massachusetts, Deval Patrick, very recently signed into law an important set of enhancements to the Green Communities Act of 2008. In particular, this new energy bill increases the amount of renewable energy that must be purchased by the state’s utilities under long term contract fro
The first of 160 steel foundations that will make up Gwynt y Môr, one of Europe’s largest offshore wind farms has been successfully installed off the north Wales coast. The achievement has been celebrated by RWE npower renewables, which is constructing the wind farm over the next two years, to gener
Global renewable energy consultancy Natural Power has been appointed to speak and chair a number of sessions at Windpower Monthly Offshore Consenting Conference, London, AWEA Offshore 2012 and EWEA 2013. The company’s Director of French Operations, Oisin Brady, has been nominated as a lead session c
Parker Hannifin Corporation, the global leader in motion and control technologies, has been awarded a contract by Northwind NV, a joint venture of the Colruyt Group and Aspiravi NV from Belgium. The scope of the agreement is for supply of infield array cables, cable accessories and offshore services
Philipp Rösler, German Minister of Economy, will meet with the Dutch Government representatives this week and discuss the financial problems that the transmission system operator TenneT is facing, Reuters writes. As reported earlier, due to its financial issues, the company is claimed to be responsi
The state of New Jersey’s Board of Public Utilities (BPU) has revised formerly adopted regulations regarding the process of offshore wind farm approval. The BPU will issue a rule proposal later this month in the New Jersey Register. New Jersey aims at generating 1,100MW of electricity through offsho
Polska Grupa Energetyczna (PGE) expressed its interest in acquiring the Polish Energy Partners (PEP), writes Power Engineering news site. PGE plans to install a total of 1,000 MW of onshore wind capacity by 2015. The company also received three permits to construct the first Polish offshore wind far
With a strong first half of 2012, E.ON continues its positive performance and confirms its full-year forecast. E.ON’s first-half EBITDA rose by €2.4 billion year on year to roughly €6.7 billion, its underlying net income by €2.4 billion to roughly €3.3 billion. “Our solid first-half results demonstr
In a few weeks‘ time the international wind industry will be converging on Husum for the HUSUM WindEnergy 2012 Trade Fair. From 18th to 22nd September, 1200 exhibitors and 36,000 visi-tors from more than 90 countries will ensure that this North Frisian town becomes the central hub of the wind indust
Today, the latest milestone for the flagship offshore wind farm, Gwynt y Môr, will be achieved with the departure by sea of the UK engineered and built Siemens’ offshore substation. Destined for installation in Liverpool Bay, the 1,500 tonne platform was jointly designed, engineered and fabricated b
