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Business & Finance

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Gamesa’s Installed Wind Capacity Hits 30 GW
Business & Finance

Gamesa’s Installed Wind Capacity Hits 30 GW

Gamesa, a global technology leader in wind energy, has shored up its track record as a world-leading player in terms of installed capacity, having hit the 30 GW mark. This milestone was achieved with the assembly of one of the eight G128-4.5 MW turbines being installed at the Tornio wind farm in Fin

about 12 years ago
Device Using Three Renewable Energy Sources Under Development in Bosnia & Herzegovina
Business & Finance

Device Using Three Renewable Energy Sources Under Development in Bosnia & Herzegovina

A renewable energy system which simultaneously utilizes wind, wave, and solar energy is being developed in Bosnia and Herzegovina by Josip Bilic, an innovator who aims at building a cost-effective device that can produce energy from more than one source. Device Using Multiple Renewable Energy Source

about 12 years ago
Norton Rose Fulbright Advises on Westermeerwind Financial Closure
Business & Finance

Norton Rose Fulbright Advises on Westermeerwind Financial Closure

Westermeerwind B.V. recently reached financial close on the construction of the Westermeerwind wind farm (144 MW). The wind farm will consist of 48 3MW wind turbines. The turbines will be built in the water along the dikes of the Noordoostpolder, in two rows beside the Westermeerdijk and the Noorder

about 12 years ago
EnBW Seeking Foundation Design for Hohe See
Business & Finance

EnBW Seeking Foundation Design for Hohe See

An electric utilities company EnBW is inviting offers for a job on its EnBW Hohe See wind farm located in the German part of the North Sea. EnBW is looking for a company to design and deliver 80 wind turbine foundations which would feature wind turbines between 3.6 MW and 6 MW. The proposed wind [&h

about 12 years ago
Artificial Shipwreck to Show Tidal Lagoon Is Applicable Off Cornwall
Business & Finance

Artificial Shipwreck to Show Tidal Lagoon Is Applicable Off Cornwall

Joe Toland, who proposed a tidal lagoon project in the Bristol Channel, plans to prove the viability of its massive energy project by simulating a shipwreck off Cornwall. “My goal is tidal technology and by developing this artificial ship project using 21st century materials and technology it will r

about 12 years ago
Western Link Affects Prysmian Results
Business & Finance

Western Link Affects Prysmian Results

Italian cable specialist Prysmian released its figures for the first half of 2014. Sales amounted to €3,287 million compared with €3,504 million in the first half of 2013, posting organic growth of +1.3%, assuming the same group perimeter and excluding metal price and exchange rate effects. “The res

about 12 years ago
New Market Report on HVDC Stations Available
Business & Finance

New Market Report on HVDC Stations Available

Research and Markets has added the “HVDC Converter Station Market by Type, by Technology, by Application and by Geography – Global Trends & Forecasts to 2019” report to their offering. The rapid increase in offshore wind farms and increasing demand for efficient power transmission are some of the dr

about 12 years ago
BWE to Call for Clear Renewables Policy
Business & Finance

BWE to Call for Clear Renewables Policy

From 23-26 September 2014, WindEnergy Hamburg – the global trade show for the wind power sector – will take place for the first time. Across 65,000 square meters of exhibition floor space, more than 1,000 planners, manufacturers, suppliers, financers, operators, energy providers, and service provide

about 12 years ago
Areva’s Discontinued Renewables Activities Cost it EUR 373 Mln
Business & Finance

Areva’s Discontinued Renewables Activities Cost it EUR 373 Mln

French energy company, Areva, was hit by the loss of EUR 373 million from discontinued renewables activities. It comes as a result of provisions for losses at completion on wind, including offshore, and solar contracts. Chief Executive Officer Luc Oursel said: “The group continues to restructure its

about 12 years ago
Baltic 2 Slow Progress Bites EnBW
Business & Finance

Baltic 2 Slow Progress Bites EnBW

In the first half of 2014, the EnBW Group achieved an operating result (adjusted EBITDA) of 1,271.5 million euros with 19,926 employees and almost unchanged revenue of around 10.4 billion euros. Earnings were 9.9 per cent below the figure for the first half of 2013. The operating result is thus deve

about 12 years ago
TenneT Benefits from Offshore Wind Industry
Business & Finance

TenneT Benefits from Offshore Wind Industry

High-voltage transmission grid operator TenneT continued to provide very high system reliability (99.9999%), benefiting 36 million end-users in the Netherlands and Germany. Financial results in the first half of 2014 were solid. Increases in revenue and EBIT kept pace with the company’s ongoing inve

about 12 years ago
Offshore Wind Vessel Developed with BEC Funding
Business & Finance

Offshore Wind Vessel Developed with BEC Funding

An innovative new vessel designed to cope with the most challenging conditions for crews servicing off-shore windfarms has been developed in West Cumbria with the support of an “Investing in Business” grant from Britain’s Energy Coast (BEC). The £90,000 grant has been awarded to Workington-based com

about 12 years ago
RTE Invites Tenders for Cable Laying Safety Consultancy Services
Business & Finance

RTE Invites Tenders for Cable Laying Safety Consultancy Services

French Electricity Transmission Network (RTE) is inviting tenders for safety consultancy services. Namely, RTE is seeking a contractor to coordinate health and safety protection during the cable laying in waters off French coast. Covered by this tender are four offshore wind projects awarded during

about 12 years ago
Wind Plays Big Role in UK Shift to Renewables
Business & Finance

Wind Plays Big Role in UK Shift to Renewables

RenewableUK says Government statistics released today show that onshore and offshore wind energy is playing the central role in the country’s successful transition from fossil fuels to clean renewables. In its annual Digest of UK Energy Statistics, the Department of Energy and Climate Change says el

about 12 years ago
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