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Business & Finance

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Adwen Employees Hit as Siemens Gamesa Plans Up to 6000 Lay-Offs
Business & Finance

Adwen Employees Hit as Siemens Gamesa Plans Up to 6000 Lay-Offs

Siemens Gamesa’s ongoing integration of legacy structures will affect up to 6,000 employees and, being part of Siemens Gamesa, Adwen is no exception with some of its people soon to lose their jobs after negotiations with the works council began in May.

about 8 years ago
Rampion Champions Local Communities
Business & Finance

Rampion Champions Local Communities

Rampion Offshore Wind Ltd. is launching a GBP 4 million Rampion offshore wind farm community fund which is set to benefit communities across Sussex in South East England.

about 8 years ago
GeoSea Swoops On G-tec
Business & Finance

GeoSea Swoops On G-tec

GeoSea, the geotechnical and offshore solutions specialist of the DEME Group, has acquired a 72.5% stake in G-tec, the Belgium-based contractor specialized in offshore geotechnical and geological site investigations, marine geophysical and environmental surveys and deepsea engineering services.

about 8 years ago
Four Scottish Offshore Wind Projects Cleared for Takeoff
Business & Finance

Four Scottish Offshore Wind Projects Cleared for Takeoff

The Supreme Court in London has rejected RSPB Scotland’s application for leave to appeal the decision by the Inner House of the Court of Session on its Firths of Forth and Tay offshore wind farm judicial review.

about 8 years ago
Iberdrola Prepping for 2018 German Offshore Wind Auction
Business & Finance

Iberdrola Prepping for 2018 German Offshore Wind Auction

Spanish energy company Iberdrola is actively preparing to participate in the next round of offshore wind auctions in Germany scheduled for April 2018.

about 8 years ago
Onshore Market Conditions Hit Siemens Gamesa, Offshore Wind Yields Good Results
Business & Finance

Onshore Market Conditions Hit Siemens Gamesa, Offshore Wind Yields Good Results

From April to September 2017, Siemens Gamesa marked strong performance in its offshore business with an increase of 16% in revenues. This contrasts the company’s overall results for the period, as Siemens Gamesa reports a 12.3% fall in revenues.

about 8 years ago
Autumn Storms Push German Wind Farms to New Production Highs
Business & Finance

Autumn Storms Push German Wind Farms to New Production Highs

German offshore wind farms generated 2.2 terawatt hours (TWh) of electricity in October 2017, a 69.2% increase compared to 1.3 TWh of electricity generated offshore Germany in October 2016.

about 8 years ago
Report: Jones Act WTIV Needs 3.5GW Offshore Wind Capacity Pipeline
Business & Finance

Report: Jones Act WTIV Needs 3.5GW Offshore Wind Capacity Pipeline

An owner of a U.S. Jones Act compliant wind turbine installation vessel (WTIV) needs a pipeline of at least 3,500MW of confirmed offshore wind projects on the U.S. East Coast to achieve a reasonable rate of return, a report by GustoMSC has shown.

about 8 years ago
Gwynt y Môr Fund Goes Big with GBP 50,000 Grants
Business & Finance

Gwynt y Môr Fund Goes Big with GBP 50,000 Grants

The Gwynt y Môr Community Investment Fund is inviting groups and charities from North Wales to apply for grants of up to GBP 50,000.

about 8 years ago
Bay State Wind Launches New Bedford Office
Business & Finance

Bay State Wind Launches New Bedford Office

Bay State Wind, a partnership between Ørsted (DONG Energy) and Eversource developing the Bay State Wind offshore wind farm offshore Massachusetts, has opened an office in New Bedford.

about 8 years ago
Bladt First Foundation Manufacturer with 100 Produced Jackets
Business & Finance

Bladt First Foundation Manufacturer with 100 Produced Jackets

Bladt Industries reported that it had fabricated its 100th jacket foundation, stating that the company is now first in the world to complete the fabrication of 100 offshore jacket foundations.

about 8 years ago
Macquarie Makes First Offshore Wind Investment Since Taking Over Green Investment Group
Business & Finance

Macquarie Makes First Offshore Wind Investment Since Taking Over Green Investment Group

Macquarie has provided over GBP 500 million of senior secured debt to fund the acquisition of a 50 per cent share in the Walney Extension project in the UK.

about 8 years ago
Ørsted a Couple of Gigawatts Away from Its 2025 Offshore Wind Ambition
Business & Finance

Ørsted a Couple of Gigawatts Away from Its 2025 Offshore Wind Ambition

Ørsted’s current installed and decided offshore wind capacity accounts for almost 9GW out of its ambition of 11-12GW by the end of 2025, announced at the beginning of this year.

about 8 years ago
Ørsted Sells 50% of Walney Extension
Business & Finance

Ørsted Sells 50% of Walney Extension

Ørsted, the former DONG Energy, has signed an agreement to sell 50% of Walney Extension, a 659 MW UK offshore wind farm project to a consortium consisting of PKA and PFA, two Danish pension funds.

about 8 years ago
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