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Business & Finance

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ABS Group to Certify Dounreay Trì
Business & Finance

ABS Group to Certify Dounreay Trì

ABS Group Ltd., an England-headquartered provider of technical and certification services, has received a contract to provide third-party certification and design verification services for Hexicon AB for the planned Dounreay Trì floating offshore wind farm demonstrator project in Scotland. The Dounr

about 10 years ago
Siemens 7MW Turbine Duo Undergoing Final Tests
Business & Finance

Siemens 7MW Turbine Duo Undergoing Final Tests

Siemens has recently installed a second SWT-7.0-154 turbine for field testing, with both 7MW prototype turbines currently undergoing grid performance, quality and safety trials. Siemens’ flagship offshore wind turbine received final type certification from DNV GL in January, the final milestone in t

about 10 years ago
Statoil Sets Up USD 200 Million Renewables Fund
Business & Finance

Statoil Sets Up USD 200 Million Renewables Fund

Statoil has today launched Statoil Energy Ventures, a fund through which the Norwegian energy giant plans to invest up to USD 200 million in renewable energy projects in the next four to seven years. Potential investment themes include offshore and onshore wind, solar energy, energy storage, transpo

about 10 years ago
Beothuk to Discuss OW Projects in Newfoundland and Labrador
Business & Finance

Beothuk to Discuss OW Projects in Newfoundland and Labrador

Canadian offshore wind developer Beothuk Energy will hold two informal information sessions next week to inform stakeholders and the general public about the company’s western Newfoundland and Labrador offshore wind, manufacturing, and service port projects. The sessions will be held on Wednesday, 2

about 10 years ago
TU Delft Buys Power from Eneco Luchterduinen OWF
Business & Finance

TU Delft Buys Power from Eneco Luchterduinen OWF

Delft University of Technology (TU Delft) and Eneco have signed a power supply contract under which a portion of the university’s needs will be met by the power produced from six turbines at the 129 MW Eneco Luchterduinen offshore wind farm. The contract is part of the Dutch university’s s plan to o

about 10 years ago
Dalby and Gardline Set Up Offshore Renewables Hub in Great Yarmouth
Business & Finance

Dalby and Gardline Set Up Offshore Renewables Hub in Great Yarmouth

Dalby Offshore and The Gardline Group have joined forces to create a new joint venture company – Trinity Marine Services. The company will be based around the Trinity Quay facilities in the port of Great Yarmouth, and will primarily serve the emerging East Anglia Offshore Renewables Industry. The co

about 10 years ago
DONG Picks SMC’s Site Technicians for Gode Wind
Business & Finance

DONG Picks SMC’s Site Technicians for Gode Wind

Specialist Marine Consultants Ltd (SMC) has been awarded a contract to supply site technicians to DONG Energy for its 582 MW Gode Wind 1 and 2 offshore wind farm. SMC and DONG Energy have been collaborating on UK offshore construction projects since 2010, but this is the first time for the UK-based

about 10 years ago
Windstream Takes Canada to Arbitration over CAD 475 Million Damages Claim
Business & Finance

Windstream Takes Canada to Arbitration over CAD 475 Million Damages Claim

A panel of international arbitrators will today start the hearing in an arbitration between the Windstream Energy LLC and the Government of Canada regarding the US-based company’s CAD 475 million claim for damages under North American Free Trade Agreement (NAFTA) for lost profit due to the Ontario’s

about 10 years ago
WWF: Renewables Can Bring True Energy Security to Europe
Business & Finance

WWF: Renewables Can Bring True Energy Security to Europe

The European Commission is due to publish its ‘winter package’ of Energy Union proposals tomorrow, which are likely to show that Europe is counting on gas imports to improve its energy security, despite the fact that domestic renewable energy and energy efficiency are the most effective ways of doin

about 10 years ago
Top News of the Week Feb 8 – 14
Business & Finance

Top News of the Week Feb 8 – 14

Second Offshore Wind Farm Decommissioning on the Way DONG Energy is preparing to decommission world’s first offshore wind farm, located off Danish island of Lolland. DONG Energy Takes Up Another U.S. Offshore Wind Site DONG Energy has agreed to take over RES Americas Developments Inc.’s newly assign

about 10 years ago
Sif and GKSE Shelve IPO
Business & Finance

Sif and GKSE Shelve IPO

Sif Holding N.V. and GKSE Holding B.V., the selling shareholder, have decided to postpone Sif’s planned Initial Public Offering (IPO) on Euronext Amsterdam due to the deteriorated and volatile capital markets, the Dutch foundation components manufacturer said in a statement. Sif announced its intent

about 10 years ago
TenneT TSO GmbH Looking For AC Subsea Cable Supplier
Business & Finance

TenneT TSO GmbH Looking For AC Subsea Cable Supplier

Bayreuth-based TenneT TSO GmbH has, via DC-Netz BorWin3 GmbH, issued a tender for a supplier of an AC submarine cable to link an offshore wind farm in the German North Sea to the grid connection system. The tender calls for manufacture, supply and installation of the subsea cable in the Cluster 8 of

about 10 years ago
DONG Energy Sets Up Renewable Balancing Reserve Service
Business & Finance

DONG Energy Sets Up Renewable Balancing Reserve Service

DONG Energy has launched Renewable Balancing Reserve service to help balance its own generation at times when the wind doesn’t blow. DONG Energy’s service works by offsetting drops in wind strength with its business customers’ demand. Large business customers will be invited to either turn down cons

about 10 years ago
Deutsche Bank to Manage Meerwind Refinancing
Business & Finance

Deutsche Bank to Manage Meerwind Refinancing

Deutsche Bank’s Global Transaction Banking division has taken on several mandates for the refinancing of the 288MW Meerwind Süd/Ost offshore wind farm in the German North Sea. Similarly to the recently closed Gode Wind 1 wind farm acquisition financing that Deutsche Bank supported, Global Transactio

about 10 years ago
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