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The change of model towards clean energy accelerated commercial activity, as strong order intake in Q1 FY 2020 (+82% YoY) boosted the order book to €28,089m. Sales stood at €2,001m and the balance sheet remains sound, with €175m in net cash. Despite good long-term prospects, the complex situation in the industry and extraordinary costs in executing five onshore projects located in Northern Europe had a negative impact on profitability. Read more
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All 31 monopile foundation turbines are installed at our offshorewind farm Deutsche Bucht. The remaining 2 turbines will be erected on Mono Bucket foundations. Last month, the first turbine began delivering power to the German grid. Commissioning of the 8.4 MW turbines is ongoing. Read more
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Renewable energy is gaining traction across the world, which is expected to encourage growth in the global Offshore Wind Power Market. This information was shared by Fortune Business Insights in a report, titled “Offshore Wind Power Market Size, Share and Global Trend by Installation, Capacity, Application and Geography Forecast till 2025.” Read more
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The challenges faced by the offshore industry are typified by extreme working locations subject to low temperatures and enormous mechanical and dynamic loads. The demands made on the design and materials selected for drilling rigs and wind turbines are also correspondingly high. Read more
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German energy utility EnBW Energie Baden-Württemberg AG will build a service hub for its offshore wind farms in the North Sea on an airfield in Emden. The construction of the two-storey building with office and social rooms and a storage hall for spare parts and tools is scheduled to start in the spring of 2018. Read more
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Siemens Gamesa Renewable Energy has been selected by Vattenfall to supply close to 1 GW at three offshore wind power plants being developed in Danish waters. Read more
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Hywind Scotland, the world’s first floating wind farm, will next year be equipped with a battery to store power from the wind farm. The purpose is to “teach” the battery when to hold back and store electricity, and when to send power to the grid, thus increasing value of the power. Read more
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The offshore wind farm Rampion in the English Channel has started generating electricity. According to E.ON, the first turbine was commissioned. 115 additional turbines will be connected to the grid in stages over the next few months. Read more
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8.2 Consulting AG is proud to be part of the pan-European consortium that participates in the Horizon 2020 project - a technology platform for the first prototype of a double-digit rated capacity turbine in a realistic offshore environment. Read more
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The Crown Estate has announced that we will be working with the offshore wind sector and stakeholders to consider making new seabed rights available to offshore wind developers.
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VBMS introduces a sustainable solution for fixing and sealing subsea cables in offshore structures by offering a hang-off that features fast (dis)assembly without the use of toxic resins. Read more
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MHI Vestas will repurpose a decommissioned, oil-fired power plant into a state-of-the-art painting and logistics facility for its 80-metre turbine blades. The facility is expected to be operational in April 2018. Read more
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SMST has been awarded a contract for the delivery of an Access & Cargo Tower to Spanish shipyard Astilleros Zamakona Bilbao. The Access & Cargo Tower, that combines a gangway and elevator for the handling of personnel and cargo from the vessel's warehouse to the wind turbine, will be installed on Esvagt's new Service Operation Vessel (SOV), that will perform wind farm maintenance work in offshore wind farm Deutsche Bucht for MHI Vestas. Read more
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