Following the US Department of Energy’s (DOE) decision to award up to $46.7 million of funding to Fishermen’s Energy, the company hopes that the New Jersey Board of Public Utilities (BPU) will recognize the importance of its demonstration offshore wind project off the coast of Atlantic City, which c
The first of the ‘second generation’ of Carbon Fibre SWATHs from Danish Yachts is nearing completion and will be soon placed into the water for initial sea trials. The fifth SWATH (four SWATHs were delivered in 2013), designed and built by Danish Yachts, has been further enhanced and developed in or
Offshore Wind Denmark has launched a new initiative to improve the competitiveness in the Danish offshore wind sector. Innovation groups will push developments, where companies in the offshore industry can meet and cooperatively develop new commercial and technical solution. “The innovation initiati
50Hertz Offshore GmbH, German grid operator in charge of connecting wind farms in the Baltic Sea, is seeking a contractor to carry out ordnance disposal work along submarine cable routes for the grid connection of two offshore wind farms. The connection point of the wind farms is in Lubmin, where wi
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2014 (which are not subject to audit). Group Sales amounted to €1,579 million compared with €1,669 million in the first quarter of 2013, posting organic growth of +3.2%, assuming the same
In the first quarter of 2014, Vestas generated revenue of EUR 1,283m, an increase of 17 per cent to the year-earlier period. EBIT before special items increased by EUR 148m to EUR 40m due to improved project margins, higher revenue, lower fixed capacity costs and lower depreciation. The EBIT margin
Gamesa ended the first quarter of 2014 with 17 million euros in net profit, more than double the figure of 7 million euros posted in the same quarter last year. These figures reflect the improvement in profitability, with an EBIT margin of 6% (up from 4.4% in 1Q 2013), and the return to growth in [&
Alstom is part of a team to receive a $47M grant from the US Department of Energy (DOE) for phase II of the Virginia Offshore Wind Technology Advancement Project (VOWTAP) led by Dominion Virginia Power. This next phase includes the completion of Front End Engineering Design (FEED), installation and
Louisiana-based Keystone Engineering Inc. will supply the engineering and design works for its patented Inward Battered Guide Structure, or “twisted jacket”, a wind turbine support structure for two of the three projects selected by the US Department of Energy to receive up to $47 million in US gove
Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil and gas platforms and offshore wind farms. Core’s grouting capability allows Acteon to offer a complete suite of offshore fo
The French government has opposed General Electric’s (GE) current bid of USD 16.9 billion for Alstom, describing it as “not good enough.“ In a letter to the American company, French economy minister Arnaud Montebourg wrote: “As it stands, we unfortunately cannot support the proposals you have made.“
Principle Power, Inc. welcomed the U.S. Department of Energy’s (DOE) selection of the WindFloat Pacific project for $47 million in matching grant funding, and deal with Deepwater Wind to complete the development of the WindFloat Pacific project. DOE funding will accelerate the development of the 30-
The University of Maine’s offshore wind project known as New England Aqua Ventus was selected fourth after the U.S. Department of Energy announced the selection of three finalists for the next phase of its Advanced Technology Demonstration Program. Three of the six projects, all of which are at 50 p
Deepwater Wind revealed plans to develop the West Coast’s first-ever offshore wind farm – a project poised to become the world’s first commercial project to use cutting-edge floating foundation technology. Deepwater Wind entered into an agreement several months ago with Principle Power to complete t
