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Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter sales and lifted its revenue outlook, as strong demand pushed the firm's order book past the 100 billion euro ($110 billion) mark. Sales in the January-March quarter were up 24% at 8 billion euros, beating the 7.4 billion Refinitiv estimate and... Continue Reading →
(OE) Spanish offshore wind developer Iberdrola said Friday it had installed the first wind turbine at the offshore farm in the bay of Saint-Brieuc, France. The installation of the first of 62 wind turbines for the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy. This operation was carried out... Continue Reading →
(Reuters) Prysmian, the world's largest cablemaker, said on Thursday its core earnings jumped 48% in the first quarter, beating estimates, as it continued to profit from global trends in energy transition and electrification. However, despite strong quarterly results, the company refrained from upgrading its forecasts for its full-year adjusted earnings before interest, tax, depreciation and... Continue Reading →
(OW) Ireland has selected four projects with a combined capacity of nearly 3,100 MW in the first offshore wind auction under the Renewable Electricity Support Scheme (ORESS 1). The four projects are the 1,300 MW Codling Wind Park owned and developed by a 50/50 joint venture of Fred. Olsen Seawind and EDF Renewables; the 824 MW Dublin Array owned... Continue Reading →
TotalEnergies has announced that it is joining two consortia led by Ocergy and Esteyco which recently were awarded Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize by the US Department of Energy (DOE). OCG-Wind Full Cycle is a project by Ocergy that is being developed in Oakland, California. The company, one of whose shareholders... Continue Reading →
A collaboration between Cambridge Vacuum Engineering (CVE), SSE Renewables, Sif Group, and TWI, has resulted in what is said to be the first-ever electron beam welded section to be incorporated in an offshore wind turbine monopile foundation (transition piece). The resulting monopile is set for installation in the second phase of Dogger Bank Wind Farm,... Continue Reading →
(OE) The month of May brings a mixed bag of news for offshore wind in the United States, as outlined in the latest U.S. Offshore Wind Report from business intelligence firm Intelatus Global Partners. In the "positive" category, Intelatus said federal permitting of projects continues on schedule, and states continue to plan to procure and... Continue Reading →
(Reuters) In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall. The turbine will be one of 111 spinning at a multi-billion dollar offshore wind project located up to 60 kilometers into the Taiwan Strait, which... Continue Reading →
(QC) The Port of Long Beach has announced plans for Pier Wind, a giant floating offshore wind facility designed to help California and the nation achieve renewable energy goals. The facility, the largest of its kind at any U.S. seaport, will support the manufacture and assembly of offshore wind turbines as tall as the Eiffel... Continue Reading →
(Reuters) - Danish wind turbine maker Vestas (VWS.CO) on Wednesday reported an unexpected first-quarter profit and maintained its full-year guidance despite a tough backdrop for the industry. Despite booming demand for renewable energy, increased competition and soaring metal prices meant that Vestas did not manage to turn a profit last year. "The wind industry remains challenged by... Continue Reading →
