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Business & Finance

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Siemens Names New CEO of Its Wind Power Division (Germany)
Business & Finance

Siemens Names New CEO of Its Wind Power Division (Germany)

Markus Tacke has been appointed CEO of Siemens Energy Sector’s Wind Power Division. The forty-eight year old Tacke will take the helm August 1, 2013. He succeeds Felix Ferlemann who, at 53, is leaving the company by mutual agreement to pursue new career challenges. Until now, Tacke has been CEO of t

about 13 years ago
The Netherlands: Indofin Group Acquires Majority Stake in IHC Merwede
Business & Finance

The Netherlands: Indofin Group Acquires Majority Stake in IHC Merwede

Indofin Group, an investment company owned by the De Bruin family, has acquired a majority shareholding of 62% in IHC Merwede. Rabo Capital (10%) and IHC Merwede management and staff (28%) are the other principal shareholders. Indofin has obtained this significant stake in IHC Merwede by partially t

about 13 years ago
GBP 10 Million Fund Launched to Help Companies Bid for Work (UK)
Business & Finance

GBP 10 Million Fund Launched to Help Companies Bid for Work (UK)

A £10m fund, backed by the Government, has been launched by Tees Valley Unlimited (TVU) to help companies bid for work to further strengthen the local economy. The Tees Valley Catalyst Fund is the first of its kind anywhere in the UK and is uniquely available to Tees Valley companies and projects. I

about 13 years ago
German KfW Financing Two Offshore Wind Farm Installation Ships
Business & Finance

German KfW Financing Two Offshore Wind Farm Installation Ships

KfW IPEX-Bank has arranged the financing for two offshore wind farm installation ships for the Norwegian shipping company Fred. Olsen Windcarrier AG. The overall financing volume amounted to EUR 145 million. Of this amount, EUR 85 million was provided by KfW IPEX-Bank itself and EUR 60 million by it

about 13 years ago
UK: Ofgem Announces Shortlist for West of Duddon Sands Transmission Assets
Business & Finance

UK: Ofgem Announces Shortlist for West of Duddon Sands Transmission Assets

Ofgem has announced a shortlist of four bidders competing to own and operate the offshore transmission links to the West of Duddon Sands windfarm. Shortlisted bidders go through to the final bid stage where Ofgem will appoint the Offshore Transmission Owner (OFTO) to own and operate the £311m transm

about 13 years ago
Marine Renewables Specialist Joins Invest in Cornwall (UK)
Business & Finance

Marine Renewables Specialist Joins Invest in Cornwall (UK)

Invest in Cornwall, a service of Cornwall Development Company (CDC), has announced the appointment of Amanda Pound to the position of Marine Renewables Business Development Specialist. Amanda will be instrumental in attracting inward investment and will support growth and the global promotion of the

about 13 years ago
Offshore Wind Advancement Requires Bigger, Improved Vessels (UK)
Business & Finance

Offshore Wind Advancement Requires Bigger, Improved Vessels (UK)

As developers and utilities construct, develop and deploy offshore wind turbines in increasingly isolated locations, vessel operators must challenge established industry thinking and rapidly respond to charter feedback, if they are to win future work. This will require a commitment to invest in equi

about 13 years ago
Denmark: Port of Esbjerg Opens New Østhavn Harbour
Business & Finance

Denmark: Port of Esbjerg Opens New Østhavn Harbour

The Port of Esbjerg’s new Østhavn (“East Harbour”) opened on Friday, 21 June. This 650,000 square metre expansion of the harbour will consolidate Esbjerg’s position as the leading North Sea port for the wind turbine industry and increase its potential to develop and grow other business areas. The op

about 13 years ago
Scottish Renewables Appoints New Chairman and Vice-Chair
Business & Finance

Scottish Renewables Appoints New Chairman and Vice-Chair

Ronnie Bonnar, Managing Director of Repsol Nuevas Energias UK, has been named as the new Chairman of Scottish Renewables. Ronnie, who has had a long career in the offshore oil and gas sector in the north of Scotland, was instrumental in taking forward Talisman Energy’s Beatrice Demonstrator Project

about 13 years ago
Irish-Scottish Offshore Grid Study Gets GBP 1 Million of European Funding
Business & Finance

Irish-Scottish Offshore Grid Study Gets GBP 1 Million of European Funding

A detailed study into how an offshore electricity grid between Scotland, Northern Ireland and Ireland could be introduced has now been commissioned after being awarded European funding. The second part of the flagship Irish-Scottish Links on Energy Study (ISLES) has now been given £1 million to exam

about 13 years ago
Germany: RWE Saves 12 Hours by Loading Foundations at Its Own Base Port
Business & Finance

Germany: RWE Saves 12 Hours by Loading Foundations at Its Own Base Port

The foundations for the Nordsee Ost wind farm were loaded for the first time at the quay of RWE’s base port at Bremerhaven. This optimises the company’s port logistics and will reduce the time required to load the company’s installation vessel by some 12 hours in the future. The first six of the hug

about 13 years ago
Vos Prodect to Supply Cable Hang-Off Systems for Nordsee Ost OWF (Germany)
Business & Finance

Vos Prodect to Supply Cable Hang-Off Systems for Nordsee Ost OWF (Germany)

ABB AB has appointed Vos Prodect Innovations as preferred supplier for engineering, testing and supply of cable hang-off systems for the RWE’s 48- turbine Nordsee Ost (NSO) offshore wind farm in the German North Sea region. Vos Prodect cable hang-off systems will be used to provide flexibility in ca

about 13 years ago
Shanghai Electric Targets 30 Pct in China’s Offshore Wind Turbine Market
Business & Finance

Shanghai Electric Targets 30 Pct in China’s Offshore Wind Turbine Market

As offshore wind sector in China is set to grow rapidly, Shanghai Electric Group voiced its intention to become the leading company in the country’s offshore wind turbine market by taking over 30% thereof, writes the Shanghai Daily. The company will supply 28 wind turbines, with 3.6 MW capacity each

about 13 years ago
Germany: North Rhine-Westphalia Leader in Offshore Wind Energy, Says WAB
Business & Finance

Germany: North Rhine-Westphalia Leader in Offshore Wind Energy, Says WAB

North Rhine-Westphalia is leading the way in Germany when it comes to sales and employment in offshore wind energy. Offshore industry network WAB pointed this out at the “5th Wind Energy NRW Industry Day”. With a share of around 23% of sales in German sales, North Rhine-Westphalia is in front of oth

about 13 years ago
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