- Category: Company News
Fugro reports a revenue of €2.2 billion for 2023. For the full year, the company realised 27.5% revenue growth on a currency comparable basis by successfully capturing high client demand in the offshore wind (+55%), and oil & gas (+37%) markets.
- Category: Company News
The Nordex Group has published its 2023 annual financial statements, confirming the preliminary results published on 12 February 2024. Group sales grew by 14 percent to €6.5 billion (2022: €5.7 billion). Earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached the operating break-even point at €2.0 million (2022: €-244.3 million).
- Category: Company News
RWE is initiating a dedicated Fleet Servicing Team comprising an initial 30 personnel for the UK and Germany, aimed at supporting its expanding international offshore wind fleet. Initially, the team will concentrate on five operational projects off the UK and German coasts, with the company aiming to triple its global offshore wind capacity from 3.3GW today to 10 GW by 2030.
- Category: Company News
Ørsted’s Board of Directors has appointed Trond Westlie as Ørsted’s next Group Chief Financial Officer (CFO) and member of the Executive Board and the Group Executive Team effective as of 1 April 2024. On the same date, Patrick Harnett will join Ørsted’s Group Executive Team as Chief Operational Officer (COO).
- Category: Company News
The Nordex Group is investing in a new power hardware-in-the-loop (PHIL) test bench for grid compliance testing of power electric drivetrains. The test bench includes a grid emulator, allowing Nordex to simulate a wide range of grid conditions, including voltage and frequency variations, power fluctuations, weak grid conditions, and grid faults, without the need for field testing.
- Category: Company News
Indeximate, a start-up founded in the UK in 2022, has won RWE’s second global Innovation Competition. The competition was launched with the aim to find innovative solutions in the domains of system integration, circularity and environmental protection in offshore wind that can support RWE´s growth ambitions and sustainability targets.
- OEG acquires high voltage company ONRG
- TPI Composites’ wind sales drop 26.2% in Q4 2023
- LM Wind Power appoints Hanif Mashal as CEO
- StrucTeam welcomes Raphael Sajous as Principal Material Scientist and Executive Director
- Hitachi Energy to expand transformer operations in Germany
- Bemac and Mitsui & Co acquire The Switch
- Northern Offshore Group consolidates its presence in the UK
- OEG acquires Marine Coordination Services
- Fugro UST21 joint venture opens office in South Korea
- Doris acquires Windglaz
- Banks Renewables rebrands as OnPath Energy after Brookfield acquisition
- SMC launches a new wind turbine blade maintenance and repair division
- BVG Associates opens Nordic offshore wind office
- Gurit announces new CFO and new Group Head of HR
- Iberdrola's 2023 renewable capacity exceeds 42,000 MW
- The Nordex Group's EBITDA reached break-even on a full-year basis
- Scottish Renewables welcomes new directors to its Board
- Turnaround of wind business remains focus of Siemens Energy
- European Energy welcomes new board member
- Inspire, FF5, and Recon team up for marine services
- USFR to build offshore wind tower facility in the USA
- Employees elected as board members to the Board of Directors of Ørsted
- GEV Wind Power launches Blade Team division
- Despite lower electricity prices, Vattenfall reports higher sales
- Ørsted presents updated business plan for 2024-2030
- Vestas returns to profitability
- CSA Ocean Sciences secures California offshore survey permit
- ACP Announces 2024 Board of Directors
- HM King Frederik X of Denmark attends stone laying ceremony in Poland
- Iberdrola launches its International Master Scholarship Programme