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Posts Tagged ‘offshore wind’

1 March 2012

Offshore wind co-ordination could save up to £3.5bn

The Department of Energy and Climate Change and energy regulator Ofgem have announced they could save up to £3.5bn through better co-ordination in the offshore wind sector.

28 February 2012

UK’s David Brown Gear Systems awarded grant for 7MW turbine gearbox

UK engineering company David Brown Gear Systems has been awarded a £1.2m grant through the Offshore Wind Component Technologies Innovation programme to help develop a 7MW turbine gearbox.

27 February 2012

Public-private partnership aims to lower cost of low carbon technologiesp

A UK public-private partnership is helping to bring down the cost of new energy technologies through targeted investments.

23 February 2012

Project Overview: Dong ready to start build at Borkum Riffgrundp

The announcement that Dong Energy will divest 50 per cent of the German North Sea Borkum Riffgrund offshore wind farm should be the last major deal for the 277MW facility.

23 February 2012

Dong sells 50% of offshore wind farm for $840m

Danish power company Dong Energy has agreed to sell 50 per cent of the 277MW Borkum Riffgrund offshore wind project to KIRKBI and the Oticon Foundation for DKK4.7bn ($841m).

22 February 2012

Poland readies to award offshore wind leasesp

wind_up_170_170 Poland is on the brink of launching its first offshore wind lease as the sector proves popular in attracting investor interest.

22 February 2012

EU fund secures jobs in offshore windp

Finance provided to the offshore wind sector from the European Energy Programme for Recovery has aided European competitiveness in the technology, but may have not stimulated planned short-term economic benefits, according to a study by global advisory firm Deloitte.

21 February 2012

Better software to lengthen lifespan of offshore wind turbinesp

A UK-based renewables consultancy and Scottish university are looking to develop a system that will reduce the cost and expand the lifetime of offshore wind farms.

21 February 2012

Lack of track record puts insurability of renewables projects in doubtp

Building a track record long enough to get insurers to cover renewable energy projects is proving difficult in newer technology areas, a group of experts told NewNet.

21 February 2012

European PE firm partners with wind farm maker for buy-and-sell JVp

offshorewind170SQ A European private equity firm has partnered with a German wind farm maker to develop and then sell on offshore wind farms.

20 February 2012

TenneT unveils vision for German offshore wind energy

Dutch transmission company TenneT has unveiled a structure to steer Germany’s transition to a low carbon economy with 35 per cent of energy coming from renewables by 2020.

20 February 2012

Bank of London and Middle East supports offshore cable business with £14m loan

The Bank of London and the Middle East has signed a £14m leasing deal with submarine cable installer Global Marine Systems.

20 February 2012

BMT wins design contract for offshore wind support vessels

UK-based marine design consultancy BMT Nigel Gee has been contracted to supply the plan for construction of eight, 20 metre offshore wind farm support vessels for Njord Offshore.

16 February 2012

Cable issues prove costly for offshore wind insurersp

The most costly construction risk in offshore wind development over the past few years has proven to be issues surrounding the deployment of cables, a leading insurance broker told NewNet.

16 February 2012

University of Strathclyde to open turbine asset management centre

The University of Strathclyde in Scotland is set to open a new centre to demonstrate wind turbine asset management, as part of Scotland’s efforts to reach its renewable generation targets.

16 February 2012

Cape Wind secures 129MW PPA

As part of a merger between US utilities NSTAR and Northeast Utilities, the Cape Wind offshore project in Massachusetts will secure a 15-year power purchase agreement for 129MW of electricity.

16 February 2012

SSE receives permission for Scottish offshore test facility, raises $700m

The renewable energy division of UK utility Scottish and Southern Energy has been granted permission to build an offshore wind test site in Hunterston, south-west Scotland.

15 February 2012

Fred Olsen Windcarrier launches major new vessel

fredolsen_170_170 Offshore wind specialist Fred Olsen has launched a major new jack-up installation vessel, the Brave Tern.

13 February 2012

Fast pace of offshore wind construction critical to lowering costs, says Dong CEOp

Keeping the pace of offshore wind developments is vital to bringing its cost down and government support towards the sector should not be discontinued, according to an industry expert.

10 February 2012

Deal round-up: Largest offshore wind farm comes online as deal activity peaksp

wind_up_170_170 This week the world’s largest offshore wind farm became operational off the coast of Barrow-in-Furness in England, in the highlight of a busy week in the wind sector.

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