Vaisala acquires Nevis Technology to expand offshore wind market offering
- Category: Company News
Vaisala has expanded its offering for renewable energy customers by acquiring the UK-based software, weather monitoring systems, and services company Nevis Technology. This acquisition enables Vaisala to enhance its business in the offshore wind sector with solutions for installation, crew transfer, and service operations.
Vestas secures 203 MW order in the USA
- Category: Projects and Contracts
Sweden rejects offshore wind farms in the Baltic Sea due to defence concerns
- Category: Industry News
Cadeler signs contracts with ScottishPower Renewables for East Anglia Two
- Category: Projects and Contracts
Ørsted awards Hornsea 4 contract to Hyosung Heavy Industries
- Category: Projects and Contracts
Ørsted reports DKK 23.6 billion EBITDA for first nine months of 2024, raises full-year guidance
- Category: Company News
Ørsted’s Board of Directors has approved the interim report for the first nine months of 2024. Operating profit (EBITDA) for the first nine months amounted to DKK 23.6 billion compared to DKK 19.4 billion in the same period last year, of which DKK 6.4 billion related to a net reversal of provisions for cancelled projects.
Vestas sees 18.9% revenue increase in Q3 2024 and maintains full-year guidance
- Category: Company News
In the third quarter of 2024, Vestas generated revenue of €5,177 million, an increase of 18.9 percent compared to the year-earlier period. EBIT before special items amounted to €235 million, resulting in an EBIT margin before special items of 4.5 percent, compared to 1.6 percent in the third quarter of 2023.
Two of Hexicon’s offshore wind power projects in Sweden are rejected
- Category: Projects and Contracts
The Swedish Government has rejected 13 applications to build offshore wind farms in the Baltic Sea, south of the Sea of Åland. This decision means that Hexicon's joint venture company, Freja Offshore, will cease work on the Cirrus and Dyning projects.
Elia Transmission Belgium secures a green credit facility from the EIB for the Princess Elisabeth Island project
- Category: Projects and Contracts
Elia Transmission Belgium (ETB) and the European Investment Bank (EIB) have signed a €650 million green credit facility agreement. The proceeds are earmarked for the realisation of the first phase of the Princess Elisabeth Island project.
Taisei selects OWC for floating offshore wind development in Japan
- Category: Projects and Contracts
- SC, SCOA and JGC collaborate on floating offshore wind project
- Dominion Energy completes first monopile installation season for Coastal Virginia Offshore Wind
- South Korea launches tender for 1.8GW of wind energy
- RWE secures permits for electrolyser supporting OranjeWind offshore wind farm in the Netherlands
- GE Vernova launches online shop for onshore wind turbine components in Latin America
- RWE signs long-term power purchase agreement with Rivian for US wind farm
- Romania to increase its wind energy share to 36%
- Danish Energy Agency grants RWE offshore construction permit for Thor offshore wind farm
- TensionPro develops Quantum smart tensioning system
- Global market for key clean energy technologies set to triple to more than US$2 trillion
- Translate offshore wind energy and biodiversity targets into concrete actions
- Ørsted and Van Oord install scalable oyster structures in the North Sea
- Vattenfall reports profit growth and project milestones for January-September 2024
- Peak Wind and BWSC partner to develop Power-to-X projects
- Brunel Floating Foundation completes DNV Basic Design Certification
- Sif and Smulders contracted by ScottishPower Renewables for East Anglia Two offshore wind farm
- Ørsted divests share of four UK offshore wind farms to Brookfield
- BOEM and DOD sign interagency collaboration agreement on offshore wind development
- Seaway7 awarded offshore wind contract in the UK by Ørsted
- BOEM launches acoustic monitoring program for offshore wind projects
- Gurit reports decline in net sales and CEO transition
- Avangrid and Invenergy secure offshore wind leases in the Gulf of Maine
- Vestas wins 50 MW order in Romania
- The global competitiveness of renewable LCOE is improving
- RWE partners with marine scientists to monitor biodiversity at its Kaskasi offshore wind farm
- Nova Clean Energy announces new contracts for 1 GW of new wind power in Texas
- Deutsche Windtechnik opens a new training centre
- TE H2, Copenhagen Infrastructure Partners, and A.P. Møller Capital to develop Chbika project in Morocco
- Arendals Fossekompani, Advent International and Generation Investment Management complete the acquisition of Volue
- Ocean Winds and UFRN launch research partnership to propel offshore wind energy in Brazil
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