Recently the existing syndicated working capital credit line for the project developer WKN AG has been prematurely extended for about another two years. The credit line of 29 million Euros secures the firm financial base for the operative business of the next coming years. The bank consortium led by
Offshore wind can make an important contribution to the sustainable power supply in Germany, Thorsten Herdan, Managing Director of VDMA Power Systems, and Hildegard Müller, Chairman of the Executive Board of the German Association of Energy and Water (BDEW), emphasized during a meeting at the 8th Ge
MacArtney has announced that leading tidal power array developer and supplier, Andritz Hydro Hammerfest, has recently taken delivery of a MacArtney Medium Voltage Inline Termination. Connecting tidal power to the grid with Andritz Hydro Hammerfest Due to the link with the lunar cycle, tidal currents
Industry, policy makers and the public will meet today in North Charleston for a two-day conference to talk about wind energy development in the region. The 2nd Southeastern Coastal Wind Conference will build on the tremendous success of the last year’s event. The main topics of this event will be o
The Netherlands signed a National Energy Agreement for sustainable economic growth on Friday, which among other relevant energy issues, also sets a target to raise the country’s offshore wind capacity to 4,450 MW by 2023. A part of the Agreement regarding increasing the country’s renewable energy ge
Oceanlinx has submitted an application to the Essential Services Commission (ESC) for permission to develop a wave energy generator off the coast of south-east of South Australia. New South Wales-based company is planning to deploy a wave energy device offshore Port MacDonnell which will be connecte
Last week, VSMC completed the first part of laying 52 infield cables for the Nordsee Ost offshore wind farm. VSMC started their work on 3 August and completed the installation of the 25 cables within a month and ahead of schedule. VSMC was able to bring the start of the project forward by temporaril
Kimon Argyriadis, Head of Research and Development at GL Renewables Certification (GL RC), has been honoured with the IEC 1906 Award. The prize is awarded annually by the International Electrotechnical Commission (IEC) to experts around the world whose work is fundamental to the commission. Kimon Ar
The company behind a wave energy project in Scilly waters has announced progress in development of the project. The London-based 40 South Energy is gathering all the data about the project in a scoping report, which will be submitted and discussed with the relevant authorities – the Islands’ Council
The buzzword of the Offshore Wind industry today is the Levelised Cost of Energy (LCoE) – the lifetime cost of the project, per unit of energy generated – which needs to be lowered in order to maximise the size of the industry. Many have worked to achieve this and now the results are to be […
The UK Committee on Climate Change (CCC) welcomed the Government’s Electricity Market Reform (EMR) Delivery Plan, but highlighted its concerns over two issues with regard to offshore wind energy. The CCC voiced its concerns in a letter written to the Department of Energy and Climate Change (DECC), i
A UK-based company is hoping to deploy its wave energy device called ”the Lifesaver“ off the Cornwall coast, writes BBC. The device would be connected to the grid via Wave Hub, which is a grid-connected offshore facility in South West England for large scale testing of technologies that generate ele
Vestas has produced the first prototype 80 meter blade for the V164-8.0 MW – the world’s most powerful offshore wind turbine – at the R&D centre on the Isle of Wight, UK. The blade will now undergo an extensive testing regime to ensure total reliability. The 80 meter blade is the longest ever produc
London Array, a joint venture owned by DONG Energy (50%), E.ON (30%) and Masdar (20%), announced that it has signed an agreement for the sale of transmission assets at the world’s largest offshore wind farm to Blue Transmission London Array Limited. The divestment takes place pursuant to the Offshor
