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Business & Finance

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Grimsby’s Politicians Quarrel over Offshore Wind Local Content
Business & Finance

Grimsby’s Politicians Quarrel over Offshore Wind Local Content

During the Business Hive Questions event held last week in Grimsby, UK Independence Party’s (UKIP) parliamentary candidate Victoria Ayling and Dr Vicky Dunn from the Green Party had a heated discussion about local content in the UK offshore wind industry, especially when it comes to Grimsby. “The Hu

about 11 years ago
Alpha Ventus Surpasses Expectations
Business & Finance

Alpha Ventus Surpasses Expectations

German offshore wind farm, Alpha Ventus achieved 16,582 full capacity hours and generated 994.9 gigawatt-hours (GWh) of electricity from 2011 to 2014, thus exceeded the generation forecasts by around seven per cent. According to the operators, EWE, E.ON and Vattenfall, the wind farm production for 2

about 11 years ago
M/V Wind Joins Clinton Marine Survey Fleet
Business & Finance

M/V Wind Joins Clinton Marine Survey Fleet

Clinton Marine Survey AB has increased the fleet with another survey vessel. M/V Wind was purpose built for the Swedish Maritime Administration, as hydrographic survey vessel, at Boghammar Marin AB shipyard in Sweden. The vessel will deliver a state-of-the-art resolution to the survey market and has

about 11 years ago
Infographic: Dong Energy in the UK
Business & Finance

Infographic: Dong Energy in the UK

Dong Energy has invested GBP 5.5 billion into the UK since 2004, with over GBP 4 billion committed to offshore wind. The company released these figures in today’s “Dong Energy in the UK“ report. Dong built its first UK offshore wind farm in 2004. By now, wind turbines installed by the company could

about 11 years ago
Eversheds Advises on Dogger Bank Project
Business & Finance

Eversheds Advises on Dogger Bank Project

Following the UK Government’s consent given for Forewind’s Dogger Bank offshore wind farm in the North Sea, law firm Eversheds has announced that it successfully advised the Forewind consortium on the largest renewable energy development ever to receive planning consent in the UK. The consent is the

about 11 years ago
Australian CETO 6 Wave Energy Project Moves Forward
Business & Finance

Australian CETO 6 Wave Energy Project Moves Forward

Carnegie Wave Energy Limited (CWE) has reached financial close on the Clean Energy Finance Corporation’s (CEFC) five-year, $20 million loan facility which will partly fund the CETO 6 Project off Garden Island, Western Australia. The CEFC facility will be used to part fund the construction of the pro

about 11 years ago
Centrica Renewables Operating Profit Takes a Dive
Business & Finance

Centrica Renewables Operating Profit Takes a Dive

Centrica renewables operating profit for 2014 took a dive of 60 per cent comparing to the previous year. The company named a reduced contribution from the disposal of assets and increased costs associated with writing down developments as the reason for the profit drop. After reviewing the economic

about 11 years ago
RES Offshore to Maintain WoDS Met Mast
Business & Finance

RES Offshore to Maintain WoDS Met Mast

RES Offshore has followed up the successful installation of the West of Duddon sands (WoDS) offshore met mast with a contract to carry out the operation and maintenance (O&M) of the met mast and equipment for the next 5 years. The mast was installed in August this year at the 389MW West of Duddon Sa

about 11 years ago
ELA Invests in Production of 20 New Offshore Containers
Business & Finance

ELA Invests in Production of 20 New Offshore Containers

ELA Container Offshore GmbH has announced the production of 20 new Offshore Living Quarters and Multipurpose Rooms as of beginning of February. The company says that it wants to be able to always react to customers’ needs at short notice. Thereby, within just one year, the Offshore-Rental-Fleet incr

about 11 years ago
Exclusive: MHI Denies Ditching SeaAngel
Business & Finance

Exclusive: MHI Denies Ditching SeaAngel

Following recent media writings about Mitsubishi Heavy Industries (MHI) canceling further development and giving up on the name of its 7MW “SeaAngel” turbine, Offshore WIND spoke with Tadashi Asahina, MHI’s Deputy General Manager in charge of the offshore wind business development. He firmly denied

about 11 years ago
Dogger Bank Consent Confirms Royal HaskoningDHV’s Success
Business & Finance

Dogger Bank Consent Confirms Royal HaskoningDHV’s Success

Following the UK Secretary of State for Energy and Climate Change’s decision to grant consent to Dogger Bank Creyke Beck, Royal HaskoningDHV announced that it has now provided key input to the environmental impact assessment process for over 5.5GW of successful offshore wind farm applications in the

about 11 years ago
Iberdrola Predicts Good Year Ahead
Business & Finance

Iberdrola Predicts Good Year Ahead

Iberdrola saw an increase in EBITDA of 3.1 per cent to EUR 6,964.5 million in 2014 while its net profit dipped 9.5 per cent to EUR 2,326.5 million. Underperformance comes as a result of Spanish government’s cut to renewable-power subsidies, the company said. However, Iberdrola’s CEO, Ignacio Galan,

about 11 years ago
FLiDAR Looking for Offshore Logistics & Technical Manager
Business & Finance

FLiDAR Looking for Offshore Logistics & Technical Manager

To support the ongoing contracts and foreseen commercial opportunities, FLiDAR has announced that it aims to strengthen its team with an offshore logistics & technical manager. The ideal candidate has relevant offshore experience to oversee the deployment of FLiDAR devices. He adopts existing proced

about 11 years ago
2.4GW Dogger Bank Wind Farm Gets Government’s OK
Business & Finance

2.4GW Dogger Bank Wind Farm Gets Government’s OK

UK Government has approved the Dogger Bank Creyke Beck A and B wind project, expected to support up to 900 green jobs in Yorkshire and Humberside and millions of pounds worth of investment in the UK’s economy. The project will include up to 400 wind turbines, around 130km off the coast of the East R

about 11 years ago
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