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Offshore Wind Expert Support Team Helping Scottish Businesses Tap Into GBP 60bn Market
Business & Finance

Offshore Wind Expert Support Team Helping Scottish Businesses Tap Into GBP 60bn Market

Scottish Enterprise (SE), Highlands & Island Enterprise (HIE) and BVG Associates (BVGA) are continuing their collaboration within the Offshore Wind Expert Support framework, and are launching a new phase of this programme designed to support Scottish companies in making the most of renewable energy

about 10 years ago
Mainstream Renewable Power Exiting Offshore Wind
Business & Finance

Mainstream Renewable Power Exiting Offshore Wind

In its annual results for 2015, Mainstream Renewable Power marked the sale of the Hornsea Project One to DONG Energy in Q1 2015 as part of its strategy to exit the offshore wind market. The company, which reported a profit after tax of € 96.0 million in 2015 (compared to a loss of € 46.6 million in

about 10 years ago
E.ON Selects Nexans Subsea Cables for Arkona
Business & Finance

E.ON Selects Nexans Subsea Cables for Arkona

Nexans Deutschland has won a contract to supply 76 kilometres of subsea energy cables to E.ON for the 385MW Arkona offshore wind farm. The cables, which will be manufactured in Nexans’ Hanover plant, are designed for operation at 33 kV and will serve as the internal cabling for the wind farm which i

about 10 years ago
NREL: Floating Wind Could Be California’s Next Rush
Business & Finance

NREL: Floating Wind Could Be California’s Next Rush

The construction of floating offshore wind farms in California over the near- to long-term could contribute to economic development in the US West Coast state, especially if significant portions of equipment and services were procured locally, according to a report by the US National Renewable Energ

about 10 years ago
MAKE: Offshore Wind LCOE Bound to Go Down
Business & Finance

MAKE: Offshore Wind LCOE Bound to Go Down

The offshore wind market is set to experience a significant improvement in Levelized Cost of Electricity (LCOE) over the next five years, as technology and supply chain gains improve, according to the renewables market analyst MAKE. The improvements in LCOE within the offshore market will be mainly

about 10 years ago
DONG Starts Consultation on 2.4GW Hornsea Project Three
Business & Finance

DONG Starts Consultation on 2.4GW Hornsea Project Three

DONG Energy is starting consultation as part of the planning process for the Hornsea Project Three offshore wind farm, which has a maximum capacity of 2.4 GW. Hornsea Project Three is now seeking to enter the planning process, with a consent application expected to be submitted in 2018. If this is s

about 10 years ago
Siemens Flies High on East Anglia ONE Deal
Business & Finance

Siemens Flies High on East Anglia ONE Deal

Siemens recorded a 16% increase in revenue at its Wind Power and Renewables division in the second quarter of the Fiscal Year 2016 compared to the same period a year earlier. Wind Power and Renewables was one of the company’s divisions to land nine-digit contracts in the quarter with a EUR 1.2 billi

about 10 years ago
ERSG Expands to Hamburg
Business & Finance

ERSG Expands to Hamburg

Following the recent launch of its Dutch office, the recruitment specialist ERSG has opened a new office in Hamburg, Germany. ERSG has appointed Taimur Malik as the Country Manager in Germany. Malik said: “I am tremendously excited to be joining ERSG as the Country Manager for Germany. Having worked

about 10 years ago
E.ON Launches Humber Gateway Community Support Fund
Business & Finance

E.ON Launches Humber Gateway Community Support Fund

E.ON has opened this year’s GBP 100,000 Humber Gateway Offshore Wind Farm Community Support Fund and is inviting local sustainable projects to apply for funding. The fund was set up in 2015 to help support community and voluntary organisations as well as registered charities in the parishes which bo

about 10 years ago
Damen and GustoMSC Set Up Jack-Up One Stop Shop
Business & Finance

Damen and GustoMSC Set Up Jack-Up One Stop Shop

The Damen Shipyards Group and GustoMSC have started collaborating in order to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range. The collaboration, announced at this year’s OTC in Houston, will be based on GustoMSC’s track reco

about 10 years ago
Race Bank SOV Getting SMST Crane
Business & Finance

Race Bank SOV Getting SMST Crane

Dutch SMST has been awarded a contract for the delivery of a 3D motion compensated crane (MCC) for Østensjø Rederi’s new Service Operation Vessel (SOV) which will be deployed at the 580MW Race Bank wind farm offshore UK. The SMST motion compensated crane is designed to transfer equipment to an offsh

about 10 years ago
Top News of the Week Apr 25 – May 1, 2016
Business & Finance

Top News of the Week Apr 25 – May 1, 2016

Siemens, SPR Sign Europe’s Largest Wind Turbine Contract ScottishPower Renewables (SPR) has concluded a major East Anglia ONE deal with Siemens, worth up to one-third of the overall £ 2.5 billion (€ 3.2 billion) project investment. Under the agreement, Siemens will supply 102 wind turbines and servi

about 10 years ago
Olympic Delta Going on Renewable Energy Project
Business & Finance

Olympic Delta Going on Renewable Energy Project

Olympic Shipping, a Norwegian owner and operator of offshore service vessels, has contracted its inspection, maintenance and repair ship Olympic Delta to an unnamed international client for a renewable energy project. The Olympic Delta will start its charter in August for a fixed period of 120 days

about 10 years ago
Bonheur and Ganger Set Merger Date
Business & Finance

Bonheur and Ganger Set Merger Date

Norway’s Bonheur ASA and Ganger Rolf ASA will complete their merger on 6 May, with Bonheur ASA as the surviving entity, the companies said in a stock filing. The last day the two companies will trade separately on the Oslo Stock Exchange will be 4 May, according to the statement. The merger will be

about 10 years ago
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