Ampelmann Opens Hamburg Office
Ampelmann has opened its first office in Germany, in response to growing business in the offshore wind sector. The new base, located in Hamburg, will be led by Tim Börner, who has been appointed as Business Development Manager Offshore Wind Germany for Ampelmann. Mr Börner joins the company from Global Renewables Ship Brokers GmbH where he most recently held the role of Offshore Shipbroker for more than five years, focusing on the offshore wind market. “I am excited to be joining Ampelmann at such a pivotal moment…
GE to Trial World’s Largest Wind Turbine in UK
U.S. conglomerate General Electric will test the world's largest wind turbine in a facility in northeast England, it said on Tuesday. GE Renewable Energy, the renewable arm of the U.S. firm, and the British government-funded Offshore Renewable Energy Catapult signed a five-year agreement to test GE's Haliade-X 12 megawatt (MW) turbine in Blyth, Northumberland. "This is an important agreement because it will enable us to prove Haliade-X in a faster way by putting it under controlled and extreme conditions," John Lavelle, president & CEO of GE's Offshore Wind business said in a statement.
Oil Tops $75, Highest Since November 2014
Oil also buoyed by threat of U.S. sanctions on Iran; U.S. crude inventories expected to have fallen. Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran. Brent crude, the global benchmark, rose to its highest level since OPEC on Nov. 27, 2014 turned its back on curbing output to support prices, a move that triggered a battle for market share and helped deepen a collapse to $27 in early 2016.
Attollo Bags Multimillion Jack Up Deals
Attollo Offshore has heralded Q2 by signing multiple multi-million dollar jack up contracts within the oil and gas and renewable energy sectors. The contracts will see the Aberdeen-based company - renowned for its smarter operations of the assets required for late field life, decommissioning, rig-less well intervention, plug and abandonment and offshore wind projects - provide propelled and non-propelled accommodation jack up rigs to operators until the end of 2018. Explaining the benefits…
Semco Maritime Generated Positive Operating Results in 2017
Semco Maritime’s revenue shrunk to DKK 1,408 million in 2017 against DKK 1,598 million in 2016 as the offshore services provider observed continued price pressure and market hesitancy amid postponed projects and growing competition across its business areas.“Even though oil and gas prices increased during the year, the majority of 2017 was characterized by continued low activity and tough competition in the oil and gas industry. Towards the end of the year, demand from customers…
Belgium to Double Offshore Wind Energy Capacity
Belgium will double the area of its North Sea waters made available to offshore wind parks after 2020, the government announced on Friday, as part of its exit strategy from nuclear power. The country has four offshore wind parks that produce 871 megawatts of power and wants to increase that capacity to 2.2 gigawatts by 2020 and to 4 gigawatts by 2030. After 2020, the government plans to designate a new, 221-square-kilometre (85 square miles) area near French waters. "Our North Sea is a crucial partner in the energy transition towards renewable energy which is happening in our country…
India, UK Govts Invest $711 mln in Indian Renewable Energy Fund
Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India. The fund, named Green Growth Equity Fund (GGEF), was launched with an initial warchest of 240 million pounds shared equally by the British and Indian governments, the two firms said in a statement. The fund aims to increase its investment to 500 million pounds which will be raised from institutional investors as well as a "significant investment" from Lightsource and Everstone…
Flintstone Sets Its Sights on Floating Wind
Flintstone Technology Ltd said it plans to diversify its mooring operations to help drive down costs for the offshore floating wind industry.The company has developed a set of mooring system solutions to match specific project requirements in oil and gas and marine renewable energy.With decades of experience in the oil and gas industry, this knowledge combined with the mooring solutions, is transferable and provides substantial benefits to offshore floating wind in lowering costs and increasing reliability.According to Scottish Enterprise…
All Turbines Linked to Grid at Rampion Offshore Wind Farm
All 116 turbines at top German utility E.ON's Rampion offshore wind farm in Britain are now able to generate electricity and are delivering power to the grid, the company said on Tuesday.The 400-megawatt project is being built off the coast of Sussex in southeast England by E.ON, UK Green Investment Rampion Ltd and Canadian energy infrastructure company Enbridge."Over the coming months work will continue both on and offshore, to prepare the site for full operation later this year…
OutSmart, Kongsberg Join Forces on Wind Energy
Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the innovative Kognifai digital platform and ecosystem. The sophisticated digital solution will be used to manage OutSmart’s extensive onshore and offshore wind turbine portfolio. OutSmart provides services to wind farm owners, fund managers, and wind project companies in Northwestern Europe to maximize the revenues of their wind assets.
BP to Keep Carbon Footprint Flat into 2025
BP to reduce CO2 emissions by 3.5 mln tonnes per year by 2025 even as it plans to sharply increase oil and gas output in coming years. BP said on Monday it will keep carbon emissions flat over the decade to 2025 even as its oil and gas ouput is set to grow, responding to rising investor pressure to help tackle climate change. The London-based company said it plans to reduce emissions of CO2 gases by 3.5 million tonnes by 2025 through higher production of gas, the least polluting fossil fuel, reducing leakage of methane, a potent greenhouse gas, and limiting flaring of excess gas.
iHawk to Digitize Major O&G Construction Project
Cyberhawk has been awarded a three-year contract by an oil and gas supermajor to provide a digital asset management solution during the construction of its new world-scale petrochemical complex in the U.S.The main construction phase of the project is already underway, which involves the construction of processing units, cooling towers, rail and truck loading facilities, water treatment plant, office buildings and laboratory at the new petrochemical site. As part of the construction…
Siemens Gamesa Targets Bigger Markets
Siemens Gamesa, the world's second-largest wind turbine maker, said it was seeking to bolster growth by targeting markets in Asia, Latin America and Australia."We have certain markets where we see some growth going forward and India is certainly one of those. The Asian region is an upcoming market where we still can create some market share," Chief Executive Officer Markus Tacke told Reuters in a phone interview on Thursday."Asia, Latin America, Australia - these are the markets…
Yaskawa Ups Investment in The Switch
Yaskawa Corporation is making a multimillion-euro investment to strengthen the R&D capabilities of The Switch and purchase new equipment at the company’s factory in Lappeenranta, Finland.The investment will enable drive train testing of up to 15 MW. The Switch will now become Yaskawa European’s Environmental Energy Division, leading the Japanese company’s global business in the marine, wind and turbo/industry segments.This latest investment provides The Switch with the capability to test high-power machines…
France to Decide on Offshore Wind in Coming Days
The French government will decide on the future of its planned offshore wind parks in the coming days, renewable energy lobby SER said in a statement. Last month, the French senate rejected a government proposal to renegotiate and possibly cancel projects to generate a combined 3,000 megawatts of offshore wind power on six sites on France's west coast awarded in 2012 and 2014. The government is still looking at ways to reduce the cost of the projects, which have been delayed for years by local resistance and whose prices are now out of line with the market.
DNV GL Advises on Acquisition of UK's Wind Farm
DNV GL secured a leading role as technical advisor to GVO Wind Ltd and Bluemerang Capital Ltd, supporting the sale of an 80% stake of the 26.1 MW Ventus portfolio of wind projects. Ventus is the UK’s largest portfolio of feed-in-tariff wind turbines, comprising 53 operational projects located across the UK. The portfolio was acquired by Malaysian power utility Tenaga Nasional Berhad (TNB). This is TNB’s second acquisition in the UK, which brings its renewables portfolio to a total capacity of approximately 280 MW.
BP, Tesla to Venture Into Battery Storage for Windfarm
BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business, the energy group said on Tuesday. Tesla will supply the 212 megawatt (MW)/840 megawatt hour battery at BP's Titan 1 windfarm in South Dakota in the second half of this year. It operates 12 other windfarms in the United States. Providing large-scale battery power to windfarms allows them to store energy when wind is ample and make electricity available when demand is high…
US Interior Secretary Sees Little Demand for New Offshore Drilling
U.S. Interior Secretary Ryan Zinke said on Friday that he sees little demand from oil and gas companies for new offshore drilling leases, which could pose problems for his plan to ramp up output from federal waters.The comments come just three months after Zinke had proposed opening nearly all U.S. ocean coastlines to drilling, in a bid to raise domestic oil and gas production. The plan sparked immediate protests from coastal states, environmentalists and the tourism industry.Zinke said a record-sized U.S.
Alba Gaskets Adds Manufacturing Division
Aberdeen-headquartered oil and gas services company Alba Gaskets has invested more than £100,000 ($140,000) in a manufacturing division, while launching two new products aimed at the global energy industry. The firm previously acted as a stockist and distributor for a number of international gasket manufacturers, but having seen a gap in the market for high-end, anti-corrosion and fire-resistant gaskets, decided to also invest in its own products. Its new IsoShield FS will be produced at the company’s premises in Souterhead Industrial Estate in the city’s Altens area…
Solar Power Eclipsed Fossil Fuels in New 2017 Generating Capacity
Chinese solar power led a record 157 gigawatts (GW) of new renewable energy capacity added worldwide last year, more than double the amount of new generation capacity from fossil fuels, a U.N.-backed report showed on Thursday. Globally, a record 98 GW of solar power capacity was installed last year with China contributing more than half, or 53 GW, according to U.N. Environment, the Frankfurt School-UNEP Collaborating Centre and Bloomberg New Energy Finance. The new renewable energy generating capacity…
Siemens CEO Tries to End Row with Iberdrola Over Siemens Gamesa
Siemens on Wednesday tried to end a dispute with Spanish utility Iberdrola over Siemens Gamesa, the world's second-largest wind turbine maker in which they both hold significant stakes. Iberdrola has viewed critically Siemens's large influence over Siemens Gamesa following last year's merger, which left Iberdrola with an 8.1 percent stake in the combined entity, compared with Siemens's 59 percent. Iberdrola had been Gamesa's top shareholder before the tie-up. "Iberdrola is both a very valued customer and an important shareholder of Siemens Gamesa.
US' First Planned Floating Wind Farm Taking Shape
Plans for America’s first floating offshore wind farm are taking shape with the news that California’s Redwood Coast Energy Authority (RCEA) has selected a consortium to enter into a public-private partnership to develop the project off the Northern California coast. The consortium is comprised of Principle Power Inc., EDPR Offshore North America LLC, Aker Solutions Inc., H. T. Harvey & Associates, and Herrera Environmental Consultants Inc. and was one of six respondents to a Request for Qualifications (RFQ) issued by the RCEA on February 1, 2018.
Vestas Taps Car Battery Know-how for Wind Power Storage
The world's largest wind turbine maker Vestas is tapping into experience from the car battery industry to try to address the challenge of using erratic wind and solar energy to meet a growing share of power demand. Energy storage is becoming increasingly important as production of renewable energy rises, because the wind might not blow or the sun shine during the peak hours when most consumers turns on their lights and appliances. In order to bring down cost of renewable energy and help grid operators balance intermittent output…
Fugro Returns to Hollandse Kust Wind Farm
Fugro is set to commence a site characterization program at the Hollandse Kust (noord) Wind Farm zone. Carried out under a further contract for the Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs and Climate Policy, the geotechnical workscope comprises seabed investigations and borehole drilling at two lots. Other deliverables include standard and advanced laboratory testing and an integrated geological/geotechnical soil model which will be used by future developers of the wind farm to prepare their bids.
ReNew Power Buys Ostro Energy
ReNew Power, backed by Goldman Sachs and Canada Pension Plan Investment Board (CPPIB), said on Monday it has acquired Ostro Energy Private Ltd, backed by London-based Actis LLP, in one of India's biggest renewable energy deals. ReNew did not disclose financial details, but two sources familiar with the matter said Ostro was acquired for an enterprise value of about 100 billion rupees ($1.54 billion), which includes debt and equity. The equity component of about 40 billion Indian rupees ($614.34 million)…
SoftBank, China's GCL Team Up for $930 mln Indian Solar Venture
Japan's SoftBank Group Corp has agreed to launch a $930 million Indian joint solar energy venture with Chinese firm GCL System Integration Technology Co as part of its India solar investment roadmap. The venture will work on photovoltaic technology, which is used in solar panels. GCL will provide technology and SoftBank will assist in obtaining land and regulatory approvals, GCL said in a filing to the Shenzhen stock exchange dated Friday. SoftBank said in 2015 that it would…
Fred. Olsen Windcarrier, Seacor Team Up for US Offshore Wind Market
Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and marine/installation crews to the market and operate a full spread of offshore wind installation and feeder vessels for the US offshore wind market. The Falcon Global fleet consists of one of the largest existing US-flag and Jones-Act compliant lift boats in the U.S.
BOEM to Review Offshore MA Wind Plans
In support of the President's America-First Offshore Energy Strategy, the Bureau of Ocean Energy Management (BOEM) today announced a Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS) for the Construction and Operations Plan (COP) submitted by Vineyard Wind LLC that would allow it to construct and operate an 800-megawatt (MW) wind energy facility offshore Massachusetts. The publication of the NOI opens a 30-day public comment period. During this time, BOEM will conduct five public scoping meetings and accept comments.
Green Energy Share in Finnish Power to Hit High in 2018
The share of renewable energy in Finland's power output is set to reach a new high in 2018, backed by new wind farms, but doubts over future government subsidies mean the trend is unlikely to continue, the head of the state-owned grid said. Green energy accounted for a record 47 percent of Finland's power in 2017, however, Helsinki is considering scrapping much-criticised subsidies, Fingrid chief executive Jukka Ruusunen told Reuters in an interview. "Subsidies increased renewables," he said. "It is not profitable to invest in this price level.
Report: Decarbonize Maritime by 2035
While the notion that maritime transport could be "zero-carbon shipping" by 2035 may seem fallacy to the majority, a new report reviews the pathways to zero-carbon shipping. According to a new report published by the International Transport Forum at the OECD, deployment of all currently known technologies could make it possible to almost completely decarbonize maritime shipping by 2035. While the report targets 2035, a recent interview with Angus Frew, Secretary General of BIMCO…
Netherlands to Allow New Offshore Wind Investments
The Dutch government on Tuesday said it will allow five new offshore wind turbine farms capable of producing 7 gigawatts (GW) of electricity in the 2024 to 2030 period. The Netherlands is lagging other European countries in renewable energy investments and has launched a programme to speed up renewable energy projects, including tenders to build 4.5 GW of offshore wind farm capacity in the period up to 2023. "Our industry will have a competitive advantage because of the availability of ever cheaper renewable energy…
EU Okays German Offshore Power Surcharge Reductions
The European Commission said on Tuesday it had approved a German plan to grant reductions of an offshore power surcharge to intensive electricity users and to railway operators. The German plan foresees that from 2019 the cost of connecting offshore wind installations to the main electricity grid will be financed by a surcharge, which electricity customers would pay. However, it has also proposed that there would be a reduced levy to pay for certain intensive electricity users and for railway companies.
Innogy Takes Stake in 600MW Dublin Array Project
German Innogy on Monday said it was working with Ireland's Saorgus Energy to develop a 600 megawatt Dublin Array offshore wind project, adding it had taken an equal share in the asset. "I am delighted that we have secured our involvement in a second Irish project, following our acquisition of the 10 megawatt Dromadda Beg onshore wind farm last year, providing support for Ireland to decarbonise the energy sector over the coming years," Innogy board member Hans Buenting said. (Reporting by Christoph Steitz Editing by Edward Taylor)
Statoil's 2017 Renewables Spending in Line with Plans
Norway's Statoil said on Friday its 2017 capital spending on new energy solutions, which include renewables, was between $500 million and $750 million, in line with its plans. Statoil began preparations for the construction of an offshore wind park off New York, but it will not start until 2023 at the earliest. At the end of 2017, Statoil had a net 290 megawatts (MW) of offshore wind capacity, and around 190 MW under development. Statoil said its CO2 emissions from oil and gas production were reduced by 10 percent per barrel in 2017.
MacArtney Supplies for Siemens Gamesa Renewable Energy
The generator rotation tool (GRT) is designed to create efficient solutions for long-term storage of nacelles and helps ensure max lifespan of turbines. The employment of the GRT has turned out to be an important milestone for the logistics function of Siemens Gamesa. Having been striving to create efficient solutions for long-term storage, Siemens Gamesa has included a GRT in their portfolio with the potential to ensure cost reduction and help ensure max lifespan of their turbines.
Global Carbon Emissions Hit Record High in 2017 - EIA
Global energy-related carbon emissions rose to a historic high of 32.5 gigatonnes last year, after three years of being flat, due to higher energy demand and the slowing of energy efficiency improvements, the International Energy Agency (IEA) said. Global energy demand rose by 2.1 percent last year to 14,050 million tonnes of oil equivalent, more than twice the previous year's rate, boosted by strong economic growth, according to preliminary estimates from the IEA. Energy demand rose by 0.9 percent in 2016 and 0.9 percent on average over the previous five years.
Sharp Contrasts in Markets Impact Van Oord
The year 2017 was dominated by the difficult market conditions in the dredging and oil & gas sectors, says Pieter van Oord, CEO, Van Oord, the Dutch contracting company that specializes in dredging and land reclamation. The global contractor specialising in dredging, marine engineering and offshore projects (oil, gas and wind) said that the volume of work in offshore wind was stable, and the market dynamic in the offshore wind sector will generate a lot of opportunities for years to come.
Vattenfall Wins Dutch 700 MW Offshore Wind Tender
Swedish utility Vattenfall has won the right to build a 700 megawatt (MW) subsidy-free wind farm in the Dutch part of the North Sea, the Dutch Ministry of Economic Affairs said on Monday. The Netherlands' government is among the first to offer a so-called zero subsidy tender for wind power, in which only bids that required no government support could compete for the two 350 MW slots known as Hollandse Kust I and II. Vattenfall beat Norway's Statoil and Germany's Innogy in the tender. Its Dutch subsidiary Nuon will build and operate the wind farm, with an expected completion by 2022.
Total Renewables Unit Targets Africa's Power-Starved Mining Sector
Total's renewable energy unit said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry's growing need for power. Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts (MW) of solar capacity to an existing 57-MW heavy fuel oil power plant at Toronto-listed IAMGOLD's Essakane mine.
British Wind Power Generation Hits Record Capacity
Wind power generation from Britain's wind farms hit a record level of 14.2 gigawatts (GW) on March 17, National Grid said on Monday. The record generation, at 1430 GMT on Saturday, represented 34.2 percent of the total electricity generation in Britain at that time, National Grid said. "2017 was a record year for green energy and it's looking likely 2018 is set to exceed that," said Fintan Slye, Director of the System Operator at National Grid. The previous record, of 13.8 GW was set on March 1…
Threat from wandering greenhouse gas
On the seafloor of the shallow coastal regions north of Siberia, microorganisms produce methane when they break down plant remains. If this greenhouse gas finds its way into the water, it can also become trapped in the sea ice that forms in these coastal waters. As a result, the gas can be transported thousands of kilometres across the Arctic Ocean and released in a completely different region months later. This phenomenon is the subject of an article by researchers from the Alfred Wegener Institute, published in the current issue of the online journal Scientific Reports.
Norway's Scatec Solar Says Three Projects Caught in South Africa Row
Three solar plants planned by Norway's Scatec Solar were among 27 energy deals blocked by a South African court on Tuesday when it agreed to hear a legal challenge by a group loyal to ousted President Jacob Zuma, the firm said on Thursday. State utility Eskom had been due to sign the 27 deals, mostly for wind and solar from independent power producers. It would have been the first major investment package under President Cyril Ramaphosa, who replaced Zuma last month. The court's decision to block the renewable energy deals, worth a total of $4.7 billion, was a blow to Ramaphosa.
Statoil to Rebrand as Equinor
Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment. Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil, it said on Thursday. In a video posted on social media, Statoil presented the switch as a way to show its determination to develop investments in renewable energy. Reactions by various social media users were mixed. "Equinor sounds like a princess on a horse in Game of Thrones," one Twitter user said. "Equi" is the genitive singular in Latin for "horse".
DNV GL Appoints Peter Brun as New Global Offshore Wind Segment Leader
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader. Brun is responsible for stakeholder management, alliance building and promoting offshore wind development throughout the world. Brun brings more than 26 years of experience in the wind energy industry and international diplomacy. His rich and varied expertise in the wind industry, includes holding dual Vice Chairman roles at EWEA (now WindEurope) and Global Wind Energy Council (GWEC) between 2009 to 2013.
First Wind Farm Operational in Coal-reliant Bosnia
Bosnia's maiden wind farm began producing electricity on Wednesday as part of the country's efforts to cut greenhouse gas emissions and meet the renewable energy standards of the European Union it aspires to join. The 50.6 megawatt (MW) Mesihovina wind power plant, located near the northwestern town of Tomislavgrad, consists of 22 turbines and can produce 165.2 gigawatt-hours (GWh) of power a year, or enough to supply 27,500 households. The turbines are set in rocky-mountainous terrain ascending the Duvanjsko field.
Offshore Wind May Account for 10 pct of Europe's Power in 2030
Electricity produced by offshore wind farms could meet as much as ten percent of Europe's total demand for electricity by 2030, up from 1.5 percent in 2017, as turbines grow ever bigger, industry association WindEurope said on Thursday. The North Sea will be the biggest region for Europe's offshore wind, followed by the Baltic Sea, Remy said.
Saipem Sees Tough Year Ahead
Italian oil services company Saipem expects its revenues to fall this year as energy majors keep a tight grip on purse strings and pressure oil contractors' order books. Saipem, controlled by oil major Eni and state lender CDP, said it expected sales to be around 8 billion euros ($10 billion) this year, a billion euros less than in 2017. The recent uptick in oil prices has not yet prompted oil service company clients to speed up investments despite a few timid signs of recovery in some segments, it said.
U.S. Energy Storage Market Could Triple this Year
U.S. deployments of energy storage systems will nearly triple this year thanks to sharply lower costs and state policies that support the case for installing batteries in homes, businesses and along the power grid. That forecasted growth of 186 percent to 1,233 megawatt-hours of storage from 431 MWh compares with the 27 percent increase in 2017, according to a report by GTM Research and the Energy Storage Association trade group published on Tuesday. That's in part because some large projects that had been expected for 2017 were pushed into the early months of 2018…
Statoil Enters Offshore Poland Wind Markets
Statoil has signed an agreement with Polenergia to acquire a 50 % interest in the two early phase offshore wind development projects in Poland, Bałtyk Środkowy III (BSIII) and Bałtyk Środkowy II (BSII). The two projects have a planned capacity of 1200 MW with the potential to power more than 2 million Polish households. Statoil is also entering into a 50/50 joint venture with Polenergia to further mature these projects with Statoil being the Manager for the development, construction and operational phases.
Exxon Quits Some Rosneft Joint Ventures Citing Sanctions
Exxon Mobil Corp will exit some joint ventures with Russia's Rosneft, citing Western sanctions first imposed in 2014, while the Russian company said the pullout will result in serious losses for its U.S. partner. The move is an about-face for Exxon, which had opposed the sanctions over Russia's invasion of Crimea and argued they unfairly penalized U.S. companies while allowing foreign energy rivals to operate in the country, the world's largest oil producer. Yet the sanctions…
Germany Cuts Onshore Wind Subsidies
Feed-in tariffs for onshore wind parks in Germany not awarded in auctions will decline 2.4 percent from July 1, 2018, as capacity expansions were ahead of the government's target rate, Germany's energy regulator said on Wednesday. Additions of 5,378 megawatts (MW) between February 2017 and end-January 2018 were significantly above the desirable capacity volume, the Bundesnetzagentur said in a statement. The tariffs that subsidise wind power are adjusted on a quarterly basis and published four months before taking effect.
Record Breaker: AAL Delivers for Offshore Wind
AAL reports that it has completed three sailings into Adelaide with 45 windmill blades, turbine generators and other related components on each sailing, destined for the new AGL Silverton Windfarm in the Barrier Ranges of New South Wales. Comprising 58 turbines, the windfarm will produce 200MW (780,000 MWh of renewable energy) each year. At 63 meters in length, the blades carried by AAL are the longest ever to be shipped into Australia. The Silverton Windfarm sailing is part…
Norsea, Wilhelmsen Bag Offshore Wind Deal
NSG Wind and Wilhelmsen Ship Management have together won a five year frame agreement with TenneT, a leading European electricity transmission system operator. NSG Wind and Wilhelmsen Ship Management have secured a frame agreement running until 2022. The framework agreement is to provide a complete technical maintenance solution for TenneT’s off- and onshore transformer stations and AC electricity transmission systems. Dennis Jul Pedersen, CEO of NSG Wind, says: “The offshore wind market is moving from niche to being one of the leading sources of renewable energy.
Largest foundation for Kriegers Flak OWF installed
Only a few days after the first Gravity Based Foundation was installed, the project team of Jan De Nul Group floated off and installed the second and even larger GBF for the offshore wind farm Kriegers Flak in Denmark. The weather was favourable and the installation operation of this 10,000 tonnes masterpiece went according to plan. The barge containing the GBF submerged, the heavy lift vessel Rambiz connected to the GBF through its crane hooks and towed out the structure once it started to float.
Japan Seeks to Boost Offshore Wind Power
The Yomiuri newspaper reported on Tuesday that: -Japan's government will submit legislation early next month to boost the use of offshore wind power -Bill to allow operators to use sites for 30 years, from 3-5 years now -Japan has high potential for offshore wind as it is surrounded by ocean (Reporting by Aaron Sheldrick)
Germany Awards Higher Prices in Onshore Wind Power Auction
Germany's network regulator agreed to pay higher prices for onshore wind power in its latest capacity auction, it said on Tuesday, reflecting a new set of rules that made it harder for citizens' co-operatives to compete. The average price Bundesnetzagentur (BnetzA) awarded for onshore wind projects came in at 4.6 euro cents per kilowatt hour (kWh), up from the 3.8 euro cents per kWh it agreed to in its last auction in November. Shares in Denmark's Vestas, the world's largest maker of wind turbines…
Dutch Plan to Build Giant Offshore Solar Power Farm
An offshore seaweed farm in the North Sea will be turned into a large solar power farm that aims to pipe energy to the Dutch mainland in roughly three years. The project comes at a critical time for the Netherlands, which is struggling to curb fossil fuel use and meet greenhouse gas emission targets after years of underinvestment in renewable energy sources. After an initial pilot next year, a consortium comprising energy producers, scientists and researchers plans to ultimately operate 2…
Jack-up Vessel Seafox 5 Departs DVR
The 151-meter, self-propelled, DP2 jack-up rig Seafox 5 has left the Damen Verolme Rotterdam (DVR) shipyard following a four-month refit in which the boom of its main crane was lengthened to prepare it for a new contract, along with a range of maintenance and other upgrade works. Seafox 5 is now equipped to undertake offshore wind projects involving the next generation of larger wind turbines in water depths of up to 65 meters. Delivered in 2012, Seafox 5 is owned and operated by jack-up specialist Seafox BV; the world´s largest offshore jack-up ASV / offshore support company.
Vestas Bets on Geared Turbines in Tough Wind Markets
Geared turbines said to be cheaper than direct drive rivals and the wind power industry is facing severe cost pressures. Vestas is betting on geared wind turbine technology to meet the ambitious profit-margin target it promised when it reported quarterly results on Wednesday. The world's biggest turbine maker said it targeted a operating profit margin of 9-11 percent in 2018. While this represented a modest decline it was far higher than expected by analysts who forecast about…
Turbine Maker Vestas Eases Investor Worries
Shares rise as much as 7 pct; analysts had feared worse. Vestas forecast a modest decline in profit margins and steady sales on Wednesday, easing investor worries about the impact of growing competition and falling government subsidies on the world's biggest wind turbine maker. Shares in the Danish company, which had dropped around 20 percent over the past year, rose 7 percent in early trading. "It is a sigh of relief," said Sydbank analyst Jacob Pedersen, echoing other analysts who pointed to better-than feared guidance for both 2018 and the longer term.