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Business & Finance

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E.ON Hands In Innogy Takeover Papers
Business & Finance

E.ON Hands In Innogy Takeover Papers

Essen-based energy company E.ON has submitted its application to integrate innogy to the EU Commission. “With the filing of the transaction in Brussels, we have taken an important step towards our goal of implementing the transaction agreed with RWE to acquire innogy from mid-2019. We are also well

about 7 years ago
New London Joins Connecticut State Pier Team
Business & Finance

New London Joins Connecticut State Pier Team

The Connecticut Port Authority, Gateway Terminal and the City of New London have established a partnership under which New London will receive a share of the revenue coming from the State Pier. Under the terms of the partnership, New London will receive 10% of the Port Authority’s share of the reven

about 7 years ago
Ørsted’s Operating Profit Hits Record in 2018
Business & Finance

Ørsted’s Operating Profit Hits Record in 2018

Ørsted has reported a record operating profit of DKK 30 billion (some EUR 4 billion) in 2018, which is 33% more than the year before. The news comes as the company’s Board of Directors approved the all-time-high EBITDA today, on 30 January, as part of the approval process for the annual report for 2

about 7 years ago
Thirteen Respond to Polish Offshore Wind Partnership Call
Business & Finance

Thirteen Respond to Polish Offshore Wind Partnership Call

Thirteen potential partners have responded to PGE Group’s invitation to develop offshore wind farm projects in the Polish Baltic Sea, Poland’s state-owned power company said. PGE intends to sell up to a 50% stake in two special purpose vehicles that are preparing the offshore projects with a combine

about 7 years ago
FEE: France’s Offshore Wind Targets Not Ambitious Enough
Business & Finance

FEE: France’s Offshore Wind Targets Not Ambitious Enough

France Energie Eolienne (FEE), the country’s wind energy association, has expressed concerns that France’s offshore wind targets proposed in the Multiannual Energy Programme (Programmation pluriannuelle de l’énergie (PPE)) are not ambitious enough. As reported earlier, France plans to tender up to 6

about 7 years ago
Taiwan Sets Out New Offshore Wind Feed-in-Tariffs
Business & Finance

Taiwan Sets Out New Offshore Wind Feed-in-Tariffs

Taiwan’s Ministry of Economic Affairs has set out the new feed-in-tariff (FiT) at TWD 5.5160/kWh (EUR 0.156731/kWh) for the 20-year offshore wind Power Purchase Agreements (PPAs) signed in 2019. The wind projects that sign their PPAs in 2019 will receive TWD 6.2795/kWh during the first ten years of

about 7 years ago
Gould Services to Open New Vlissingen Facility
Business & Finance

Gould Services to Open New Vlissingen Facility

Gould Services is establishing a new offshore support facility at the Port of Vlissingen, the Netherlands. Located at the Eerste Binnenhaven, the purpose-built facility will occupy an area of 6,000m2 which will include a 175m quayside for moring vessels, a warehouse, as well as office and accommodat

about 7 years ago
Siemens Gamesa Orders Seasight Davit Cranes for SeaMade
Business & Finance

Siemens Gamesa Orders Seasight Davit Cranes for SeaMade

Siemens Gamesa has placed an order with Seasight Davits for 58 davit cranes for the SeaMade offshore wind farm in Belgium. The cranes will be manufactured by Seasight Davits’ parent company Hvide Sande Shipyard, Steel and Service and will have an outreach of 3.2m and a one-ton lifting capacity. Acco

about 7 years ago
Polish Offshore Wind Farm Secures Capacity Boost
Business & Finance

Polish Offshore Wind Farm Secures Capacity Boost

Polenergia and Equinor have secured an additional 240MW of capacity for their 600MW Bałtyk Środkowy II offshore wind project in Poland. The capacity boost is part of the terms that the two companies secured from Polish grid operator Polskie Sieci Elektroenergetyczne (PSE) for establishing a power li

about 7 years ago
Eneco Picks EWPL Ocean for Blade Inspections
Business & Finance

Eneco Picks EWPL Ocean for Blade Inspections

Dutch sustainable energy provider Eneco has awarded EWPL Ocean with a full scope contract for offshore turbine blade inspections and damage assessment. The parties have not disclosed any further details regarding the contract value and the duration of the works. Eneco is the owner of two offshore wi

about 7 years ago
Crown Estate Scotland Revises Seabed Leasing Timelines
Business & Finance

Crown Estate Scotland Revises Seabed Leasing Timelines

Crown Estate Scotland has decided it will launch the next round of offshore wind leasing in Scottish waters in July 2019 at the earliest. The decision comes despite the announcement in November 2018 that the leasing round will be launched in April at the earliest. According to Crown Estate Scotland,

about 7 years ago
Global Marine Group and Rovco Enter Subsea Inspection Partnership
Business & Finance

Global Marine Group and Rovco Enter Subsea Inspection Partnership

Global Marine Group (GMG) and Rovco have formed an invested partnership through which GMG acquired a 13.8% share in this UK-based remotely operated vehicle (ROV) and hydrographic services company. Under the deal, the two parties committed to bringing intelligent inspection, repair and maintenance (I

about 7 years ago
Taiwanese Jacket Production Facility Taking Shape
Business & Finance

Taiwanese Jacket Production Facility Taking Shape

The foundation production site being developed in Taiwan by a joint venture of Bladt and Century Wind Power (CWP) is taking shape, according to Bladt’s recent social media post. Bladt’s Chairman of the Board and Senior Management visited Taiwan last week to follow the progress of the construction an

about 7 years ago
Marine Coordination Services Teams Up with Spencer Ogden
Business & Finance

Marine Coordination Services Teams Up with Spencer Ogden

Marine Coordination Services has partnered with the renewables department of recruitment specialist Spencer Ogden for the coordination of offshore wind projects. Under the deal, the two companies are set to collaborate for all relevant aspects of payroll, tax advice and compliance. Marine Coordinati

about 7 years ago
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