Siemens is to supply eight converter transformers for the Nemo Link project, a high-voltage direct current (HVDC) transmission system connecting Belgium and Great Britain. The customer is Nemo Link, a joint venture between National Grid Nemo Link Limited, a subsidiary company of the UK’s National Gr
Hamburg-based wind turbine maker Senvion Group has, together with its owners Centerbridge and Arpwood, set the price range for the company’s shares in the planned private placement at EUR 20 to EUR 23.50 per share, with the trading expected to start on 18 March. Senvion is offering up to 29.9 millio
The Netherlands-based Royal Boskalis Westminster N.V. has signed a Letter of Intent to acquire offshore activities from compatriot VolkerWessels. Under the intended transaction, Boskalis will acquire maritime and offshore wind energy related activities of VolkerWessels, which include VBMS, Stemat an
Hull College Group (HCG) has launched the Hull College Group Composites Training Centre to help Siemens’ wind turbine blade factory workforce master manufacturing skills using composite materials. Around GBP 500,000 has been invested to convert a former construction skills facility on Hull’s Preston
Germany’s Wind Energy Agency WAB has cancelled this year’s Windforce 2016 offshore wind trade fair previously scheduled to take place in Bremen from 7 – 9 June. The Windforce conference will go ahead as planned, but without an accompanying exhibition, WAB said in a statement. Instead, WAB’s trade sh
Petrofac has awarded Heerema Fabrication Group (HFG) with a contract to deliver an offshore substation platform for the 336MW Galloper offshore wind farm. Heerema Hartlepool will be in charge of fabricating the unmanned offshore substation, with project engineering and procurement being undertaken b
The Supervisory Board of the German power utility RWE AG has appointed a management team for its new subsidiary which will pool the renewables, grids and retail activities in Germany and abroad. The management team consists of six members, and will be headed by Peter Terium, RWE’s current CEO, who w
Guangdong Jingyin Machinery Co. Ltd. and China Ming Yang Wind Power Group Limited have signed an agreement to cooperate on the development of offshore wind services through a joint-stock company – Zhejiang Huayun Hai Yang Engineering and Technology Services. The two companies agreed to collaborate o
OrbisEnergy launched a GBP 6 million worth SCORE fund today at the SNS2016, the Southern North Sea offshore energy conference at the Royal Norfolk Showground. The funding, made available from the European Regional Development Fund (ERDF) is set to help eligible SMEs develop new ideas, technologies a
RWE’s local shareholders have raised their voices after the company suspended payment of its dividends in February. According to Reuters, the shareholders have asked for a seat on the supervisory board at the company’s new subsidiary for renewables, grids and retail operations, 10% of which is plann
Scotland-based renewable energy consultancy Natural Power has appointed Neil Douglas to the newly created role of Director of Levelised Cost of Energy (LCoE), a move which the company has described as further proof of its commitment to supporting the renewable energy industry achieve cost parity. Th
Genting Hong Kong and Nordic Yards signed a contract on Tuesday, under which the global leisure company will take over three Nordic Yards’ shipyards for EUR 230.6 million. Nordic Yards has built and delivered three offshore converter platforms to Siemens, and is currently working on the fourth one,
The UK government has today launched the UK Green Investment Bank plc (GIB) sale process to move the bank into the private sector. The transaction will involve both the sale of existing shares owned by the government and also the commitment of additional capital for GIB by new investors. The GIB sal
Offshore wind industry needs to be refreshed with new business models, innovative technologies, as well as new alliances throughout the supply chain in order to drive down costs and have a secure and sustainable future, the industry’s players heard during an event in Rotterdam. “Governments are stru
