Hexicon Ltd has successfully completed a rights issue of 11.4 MSEK (EUR 1.23 million) to secure the development of Hexicon’s innovation for offshore wind at deep waters. The rights issue allows a faster and more robust implementation of the new strategy to develop floating platforms for offshore win
The UK Green Investment Bank (GIB) has today announced two new senior appointments. Nick Gardiner will take on the role of Managing Director, Offshore Wind and Karl Smith will take on the role of Fund Managing Director. Gardiner will lead GIB’s offshore wind direct investment team. Since its launch
Danish Energy Association (DEA) has investigated what it costs to set up different types of plants for electricity generation. According to the research, electricity generated by onshore wind turbines is the cheapest with just over 30 ører (4 cents) per kWh. Offshore wind power, new centralised coal
TenneT Holding B.V. refinanced its existing EUR 1,125 million and EUR 500 million revolving credit facilities with a single facility of EUR 2 billion. The pricing of the facility, which can be used for general corporate purposes, was decreased and the maturity date was extended to July 2019 with two
NaiKun Wind Energy Group Inc. announced the quarterly issuance of shares to the company’s directors and CEO. Effective April 1, 2010, as stated in the Company’s news release of May 20, 2010, compensation to members of the Board was reduced by 50%. As part of the reduced Board compensation it was als
Dutch-based Delta Lloyd is one of the insurance companies that will insure the construction and the first three years of operation of the Gemini offshore wind farm in the Dutch part of the North Sea. The Gemini wind farm is one of the largest offshore wind farms to be constructed. It is expected to
At WindEnergy Hamburg 2014, TÜV SÜD will showcase its complete suite of services for the offshore and onshore wind energy industry. The international technical services company supports designers, suppliers, manufacturers and owners by providing testing, certification and inspection services (Hall A
Next year’s Offshore Energy Exhibition & Conference will be held on 13 & 14 October 2015. Save the date and join tens of thousands international professionals again at the meeting place for the offshore industry in Amsterdam. Offshore Energy is an annual event focused on the complete offshore energy
Today, DONG Energy signed an agreement to sell 50 per cent of the 252 MW German offshore wind farm project Gode Wind 2 to a consortium of Danish pension funds (PKA, Industriens Pension, Lærernes Pension and Lægernes Pensionskasse) that will make 840,000 pension savers co-owners of the wind farm. The
China is lagging behind its plans to build 5 GW of offshore wind power by 2015. Having only 10 per cent of that capacity realised, China is three years behind its schedule, according to Bloomberg. In 2011, the Chinese government set the 5GW goal for the next four years which would secure enough clea
Bonheur ASA, Norwegian holding company that operates in the offshore wind sector, among other activities, today released its financial results for the second quarter. The Group of companies’ overall 2Q operating revenues were NOK 2 771 million, higher that in the same period of 2013 (NOK 2 607 milli
Funding of more than £1 million has been awarded to a Scottish-based project that will help to determine the limits to tidal and wave energy extraction before potential environmental and ecological impacts occur. The three year EcoWatt2050 project, is coordinated by the Marine Alliance for Science a
E.ON has today received consent from the UK Secretary of State for Energy and Climate Change, the Rt Hon Ed Davey MP, for its Rampion Offshore Wind Farm development. This decision means Rampion is set to become the first offshore wind farm off the south coast of England. Consent has been given for a
EDF Energy Renewables is supporting a unique Redcar community scheme to continue to monitor activities along the coast. Launched in 1996, Coastwatch Redcar trains volunteers to assist the HM Coastguard and search and rescue services in the event of an emergency or unusual incident at sea. The team i
