Thursday, February 27, 2020

Finland News

Project INNTERESTING Aims to Accelerate Wind Technology

The European project INNTERESTING aims to accelerate wind energy technology development and to extend the lifetime of wind turbine components.Coordinated by the Technological Research Center IKERLAN…

Vattenfall, TuuliWatti to Balance Finnish Wind

Image: Vattenfall

European energy company Vattenfall has signed a five-year energy services agreement with the largest Finnish wind power producer TuuliWatti that includes the latter’s total…

Shareholder base Expands on Fortum's Nordic Wind Portfolio

Image: Fortum

Finnish state-owned energy company Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have today signed an agreement whereby funds advised by CSEIP will acquire…

New Testing Facility for Renewable Energy

Photo: Yaskawa Environmental Energy / The Switch

Yaskawa Environmental Energy / The Switch announced a unique facility in Lappeenranta, Finland, enabling the testing and serial production of a new breed of large multi…

ABB Tests Subsea Power Technology System

Image: ABB

The completion of a final 3,000-hour test phase of the Swiss-Swedish technology multinational ABB’s subsea power infrastructure signals the culmination of a $100m partnership…

Prysmian Wraps Up DolWin3 Gig

Image: Prysmian

Prysmian Group, the major player in energy and telecom cable systems industry,  has has announced that it commissioned the 900MW DolWin3 high voltage direct current (HVDC)…

Gasum on an Acquisition Spree

Pic: Gasum

Finland-based integrated gas company Gasum takes steps forward in its growth strategy by acquiring AGA’s Clean Energy business and Nauticor’s Marine Bunkering business from…

SGRE Powers Google in Sweden

Pic: Siemens Gamesa Renewable Energy

Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply its turbines for a 254MW wind farm in Sweden that will power Google’s Hamina data centre in Finland.The Stavro wind farm…

Netherlands-Denmark HVDC Test Successful

Image: Prysmian

Cable supplier Prysmian completes final high-voltage direct current (HVDC) test for 700MW submarine interconnector CobraCable line between Denmark and the Netherlands.The…

Fortum Reports Quarterly Profit Surge

(Photo: Fortum)

Finland's Fortum missed analyst expectations despite reporting a 59% jump in its comparable operating profit for the third quarter on Thursday, saying electricity price…

Shore Power Market to Reach $2.7Bln by 2024

Pic: Siemens

The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast…

How to Determine Which Countries Have the Best Energy Policies

© virojt / Adobe Stock

Which countries have the best energy policies? This is an interesting, and rather obvious, question, considering that every country’s energy practices impact the world in one way or another.

Industry Showcases Positive Changes at OE 2019

Photo: SPE Offshore Europe

Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a…

Eesti Begins LNG Bunkering in Hanko Port

Image: Eesti Gaas

Estonian energy company Eesti Gaas began providing liquefied natural gas (LNG) bunkering services to LNG-powered vessels in the port of Hanko, Finland, for the first time…

Top Turbine Makers to Spend $2.6bln on R&D

Image:  Wood Mackenzie

Research and development (R&D) expenses among the world's top ten wind turbine manufacturers are expected to exceed $2.6 billion by 2023.The  R&D expenses more than doubled in the last four years…

Neste Launches IMO 2020 Compliant Fuel

Image: Neste Corporation

Finland-based refiner Neste Corporation will begin to sell a low-sulfur marine fuel in northwest Europe in the fourth quarter of 2019.From January 1, 2020, the International…

Prysmian Bags Dolwin5 Cabling

Schematic illustration of offshore grid connection project DolWin5. Image: Prysmian

Italian multinational corporation Prysmian Group  has been awarded a major grid connection project worth in region of EUR 140 million by the Dutch-German grid operator TenneT…

Nord Stream's Last Pipe Leaves Sweden Port

Image: Nord Stream 2

The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area. Russia’s  Nord Stream 2 AG is the operator of the Nord Stream 2 gas pipeline project.Nearly 39…

Nord Stream 2 is 75% Complete

Image: Nord Stream 2

The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1…

Offshore wind: One-stop power conversion

Optimal outputs: a wind-turbine permanent magnet generator at The Switch in Deyang. Image Courtesy Yaskawa’s The Switch

With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions…