5653 results found for 'Beacon Wind '

5653 results found for 'Beacon Wind '
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  • Areva Sells Its Stake in Adwen to Gamesa for EUR 60 Million

    15 September 2016
    Business & Finance

    Areva has decided to sell its 50% stake in the offshore wind turbine manufacturer Adwen for EUR 60 million to Gamesa, with which Areva had a 50-50 ownership in the joint venture and which is now in a merger process with Siemens. The completion of the sale and purchase of the shares of Adwen owned by […]

  • Ørsted and BP Strike Up Green Hydrogen Partnership in Germany

    10 November 2020
    Business & Finance, R&D, Technology

    Ørsted and the multinational oil and gas major bp have agreed to jointly develop a potential large-scale renewable hydrogen project in Germany powered by offshore wind. The project, which is expected to be operational in 2024, will comprise a 50 MW electrolyser system installed at bp’s Lingen Refinery in North West Germany. The electrolyser, powered […]

  • Salzgitter and Iberdrola Sign Offshore Wind Power Purchase Agreement

    20 April 2023
    Contracts & Tenders, Outlook & Strategy, Transition, Wind Farm Update

    Salzgitter Flachstahl GmbH and Iberdrola Deutschland have signed a long-term power supply contract, with electricity to be sourced from the Baltic Eagle offshore wind farm currently under construction in the German Baltic Sea. Based on this power purchase agreement (PPA), Salzgitter Flachstahl, part of the Salzgitter Group, has secured the delivery of 114 MW of […]

  • Denmark: Vestas EBIT Up 8.6 Pct

    8 May 2013
    Business & Finance

    Vestas maintains its full-year guidance and the focus on cost reductions, low investments and increased capacity utilisation continues. In the first quarter of 2013, Vestas generated revenue of EUR 1,096m – a decrease of 1 per cent to the year-earlier period. EBIT before special items increased by EUR 96m to EUR (108)m. The EBIT margin […]

  • U.S. Representative for Virginia Introduces Renewable Energy Legislation

    27 March 2013
    Authorities

    The U.S. Representative for Virginia’s 1st congressional district Rob Wittman has introduced renewable energy legislation aiming to simplify processes for testing and development of offshore wind. Wittman, a proponent of an all-of-the-above energy strategy, submitted the legislation following its successful passage in the U.S. House of Representatives during the 112th Congress. “I strongly believe that […]

  • Dominion Wins Grant to Work on Cost Reduction of Offshore Wind Electricity (USA)

    19 September 2011
    Business & Finance, R&D

      Dominion has received a two-year, $500,000 grant from the U.S. Department of Energy to look for ways to reduce the cost of offshore wind electricity generation by at least 25 percent. “One of the biggest challenges to off-shore wind generation is bringing down the cost so it can be more competitive with other forms […]

  • OREAC: 1.4 TW of Offshore Wind by 2050 Achievable

    8 June 2020
    Business & Finance, Environment, Jobs & Recruitment

    1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that offshore wind could provide around 24 million years of employment, defined as […]

  • U.S. Coast to Host Russian Wave Generators

    29 May 2013

    Company OceanRusEnergy recently returned from the International Exhibition in Shanghai, where she was offered a sign dealer agreements for the supply of wave generators on the island of Crete, in Turkey, China and Mexico. According to Alexey Eliseev, chief designer of the company, pervouraltsy became the first in Russia who since the Soviet Union has […]

  • Wave Power Machine Celebrates First Anniversary Since Grid Connection (UK)

    24 November 2011

    The world’s first wave power machine to be sold to a utility company has celebrated its first anniversary since grid connection at the European Marine Energy Centre (EMEC) with a series of technical achievements and no lost time incidents. The E.ON machine was installed in October 2010. Since then a dedicated team of four Pelamis […]

  • Gamesa on Right Track, Offshore Wind Alliance with Areva to Bring Additional Benefits

    28 May 2014
    Business & Finance

    Today in Zamudio (Vizcaya, Spain) Gamesa held its Shareholders’ General Meeting, at second call, at which its stockholders ratified the company’s 2013 financial and management performance, among other motions. Ignacio Martín, Executive Chairman of Gamesa, briefly overviewed the company’s earnings performance in 2013, underscoring its enhanced profitability, having recorded a net profit of €45 million […]

  • Germany: Munich Re Insures Serial Loss Risk on Offshore Wind Turbines

    4 December 2012
    Business & Finance

    Munich Re has become the first insurance group to offer serial loss cover for offshore wind energy units. Corresponding cover for a North Sea wind farm has been signed by Marcus A. Wassenberg, Chief Financial Officer of manufacturer REpower, Dr. Thomas Blunck, member of Munich Re’s Board of Management, and Thomas Haukje, Managing Partner of […]

  • U.S. Secretary Jewell Sets Out Priorities for Prosperous Energy Future

    18 March 2015
    Authorities, Business & Finance

    In remarks at the U.S. Center for Strategic and International Studies (CSIS), Secretary of the Interior Sally Jewell laid out the Department’s priorities for strengthening the nation’s economy with a balanced, prosperous energy future over the next two years. Read the highlights of the speech: Our economy has emerged from recession with a stronger, more stable […]

  • Belgium: Europe Leads Offshore Wind Market with 90 Pct of Total Installation in 2012

    12 February 2013

    The Global Wind Energy Council (GWEC) has released its 2012 market statistics, showing continued expansion of the market, with annual market growth of almost 10%, and cumulative capacity growth of about 19%. A record year for US installations and a slower market in China mean that the two countries all but tied for the top […]

  • Germany: Nordex to Spend EUR 10 Million on New Production Line

    5 November 2012

    “We are looking for up to an additional 130 employees for our planned internal production facilities in Rostock for our new and larger rotor blades,” says Jens Martin Hoika, who manages Nordex’s Rostock and international plants. The NR 58.5 rotor blade is used with the N117/2400 wind turbine, which is increasingly proving to be a […]

  • Nearshore Wind Farm to Be Dismantled

    8 March 2022
    Wind Farm Update

    The wind turbines of the 16.8 MW Irene Vorrink nearshore wind farm, one of Vattenfall’s oldest wind farms in the Netherlands, will be dismantled after 25 years in operation. The 28 wind turbines of the Irene Vorrink wind farm, named after the Dutch politician Irene Vorrink who passed away in 1996, are now in the […]

  • Eni, Red Rock Team Up for ScotWind Leasing

    12 July 2021
    Business & Finance, Contracts & Tenders

    Italian energy major Eni and Scottish offshore wind developer Red Rock Power have entered into a 50/50 partnership to make a joint bid in the ScotWind offshore wind leasing round in Scotland. The proposal is supported by the transmission company Transmission Investment, for which Eni and Red Rock say will bring its extensive expertise in […]

  • USA to Install 40,000 New Turbines by 2015

    10 January 2011

    With an estimated 40,000 new turbines to be installed in the US by 2015, wind turbine OEM’s are desperate to source reliable components from local suppliers. Importing components from Europe and Asia can be costly and lengthy. New wind component suppliers need to secure manufacturing capacity strategies now if they are going to seize their […]

  • Norwind’s Newly Delivered SOV Chartered for Hornsea Two

    31 May 2022
    Vessels

    Norway-based Norwind Offshore has taken delivery of Norwind Breeze, a former Platform Suply Vessel (PSV) that was converted into a Service Operation Vessel (SOV) by Vard. The vessel will soon be deployed on the Hornsea Two offshore wind farm under a contract with Ørsted, according to the vessel’s owner and operator. Hornsea Two, which is […]

  • Rolling Power Linked to the Growth of the Wind Energy Industry

    13 September 2018

    By Giordano Toninelli, Area Sales Manager, Faccin SPA In recent years, wind energy has become one of the most common renewable energy sources, leading the transition away from fossil fuels. The industry has been moving forward relentlessly throughout innovation and change, thus improving its competitive cost, and an assertive policy of developing renewable energies by […]

  • Virginia Strategising Its Role in East Coast Offshore Wind Development

    23 May 2018
    Authorities, Business & Finance, Contracts & Tenders, Ports & Logistics

    The Virginia Department of Mines, Minerals and Energy (DMME) is looking for contractors who will help develop and implement strategies that will establish the state as the hub for offshore wind development along the US east coast.

  • Belgium: Thornton Bank Offshore Wind Farm Officially Inaugurated

    18 September 2013
    Wind Farm Update

    Yesterday, the Belgian Prime Minister Elio di Rupo officially inaugurated the Thornton Bank offshore wind farm. With a capacity of 325 megawatts (MW), the wind farm is the largest in the Belgian North Sea and will provide green electricity to 300,000 households each year. Eight European banks, the German and Danish export credit agencies and […]

  • NSEC Countries ‘Unlikely’ to Meet 2030 Offshore Wind Target Without Immediate Action on Port Development, Study Says

    20 November 2023
    Business & Finance, Business development, Fixed-Bottom, Floating Wind, Ports & Logistics

    A new report from the North Seas Energy Cooperation (NSEC) calls for “immediate action” on developing new port infrastructure and upgrading existing port facilities as the study behind the report found the joint offshore wind target of the nine NSEC countries for 2030 is unlikely to be met otherwise. In this article: The North Seas […]

  • Global Wave & Tidal Event Confirms UK’s Leading Position

    16 September 2015

    The UK is to host the International Conference on Ocean Energy (ICOE) for the first time. The event, now in its tenth year, will come to Edinburgh from February 23-25, 2016, and will be designed by an international committee of experts and industry organisations. Previous ICOE events have been held in Spain, Nova Scotia, France, […]

  • PNE WIND Increases Its EBIT Forecast for 2011-2013 Due to Increased Offshore Wind Activity (Germany)

    30 March 2011
    Business & Finance

    The wind farm developer, PNE WIND AG, has increased the forecast for its cumulative EBIT for the financial years from 2011 to 2013 inclusive to EUR 60 to 72 million. This is the result of the 2010 annual accounts published today. The company bases its forecast on the increased activity in offshore wind farms, the […]

  • GWEC’s Statistics Show Growth of Asia’s Wind Capacity

    1 March 2012

    Annual statistics recently released by the Global Wind Energy Council (GWEC) once again show the massive growth in cumulative wind power capacity in Asia, to 82,398 MW last year from 61,106 MW at the end of 2010. When matched with Asia’s continuing population increases, the GWEC statistics seem to indicate that the region as a […]

  • Germany: Order for Second Jack-Up Vessel Cannot Currently Be Filled

    12 December 2012
    Business & Finance

    In June 2012 the creditors’ committee voted in favour of an offer by the VeKa Group of the Netherlands to take over the Sietas shipyard. Despite six months of intensive negotiations, it was not possible to complete the deal. The reason is that the Sietas shipyard currently has only one order for a new construction, […]