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voda 7 augustus 2019 17:00

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Terna Energy Secures Refinancing For Largest Greek wind farm

Alpha Bank, Eurobank Ergasias and National Bank of Greece have provided EUR 117 million in non-recourse refinancing for the 73.2 MW Aghios Georgios wind farm operated by a subsidiary of Terna Energy, global law firm Norton Rose Fulbright has said in a press release.

The wind farm owned by Terna Energy is located on the uninhabited islet of Aghios Georgios offshore Attica in the Athens metropolitan area is the largest to date in the country and the only one connected through a subsea cable, approximately 36 km in length, to the mainland grid.

Dimitris Assimakis, who leads the Greek energy practice and led on the deal, said that the law firm has advised Alpha Bank, Eurobank Ergasias and National Bank of Greece on the refinancing of the largest wind farm in the country. Norton Rose Fulbright also advised these banks back in 2016 on the financing for the construction of this landmark project.

Source : Balkan Green Energy News

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voda 8 augustus 2019 09:23

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Windparken stuwen winst Ørsted

Gepubliceerd op 8 aug 2019 om 09:16 | Views: 0

KOPENHAGEN (AFN/RTR) - De Deense energiereus Ørsted heeft het afgelopen kwartaal meer winst gemaakt. Het voormalige DONG Energy vaart wel op de duurzame koers die eerder werd ingezet. Met name de opbrengsten van windparken op zee stuwden het resultaat.

Ørsted sloot het kwartaal af met een winst op voortgezette activiteiten van bijna 1,1 miljard kroon (circa 146 miljoen euro), een kwart meer dan een jaar eerder onder de streep resteerde. Het bedrijfsresultaat steeg met 18 procent tot 3,6 miljard kroon.

Ørsted staat te boek als één van de grootste ontwikkelaars van windparken op zee wereldwijd. De resultaten van de onderneming waren ook beter dan waar kenners in doorsnee op hadden gerekend.

[verwijderd] 8 augustus 2019 09:28

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quote:
voda schreef op 8 augustus 2019 09:23:
Windparken stuwen winst Ørsted

Gepubliceerd op 8 aug 2019 om 09:16 | Views: 0

KOPENHAGEN (AFN/RTR) - De Deense energiereus Ørsted heeft het afgelopen kwartaal meer winst gemaakt. Het voormalige DONG Energy vaart wel op de duurzame koers die eerder werd ingezet. Met name de opbrengsten van windparken op zee stuwden het resultaat.

Ørsted sloot het kwartaal af met een winst op voortgezette activiteiten van bijna 1,1 miljard kroon (circa 146 miljoen euro), een kwart meer dan een jaar eerder onder de streep resteerde. Het bedrijfsresultaat steeg met 18 procent tot 3,6 miljard kroon.

Ørsted staat te boek als één van de grootste ontwikkelaars van windparken op zee wereldwijd. De resultaten van de onderneming waren ook beter dan waar kenners in doorsnee op hadden gerekend.

Goede cijfers, maar voorlopig geen reactie van de koers....

voda 8 augustus 2019 19:02

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Hydro Group Enables Successful Floating Wind Turbine Test

An innovative floating wind turbine utilising Hydro Group connectivity is ready for commercial applications, following site tests which saw it generate 2.2GWh of electricity and face wave heights of up to 6.2m during the first half of 2019. The Floatgen Vestas V80 turbine, located in the SEM-REV marine renewable energy site off the coast of Le Croisic, France, uses subsea cable and connector specialist Hydro Group’s Hydro Renewable Connector and Power Distribution Hub.

Hydro Group and regional partner Wenex Equipements developed and provided other equipment for the installation, including connectors, hub, dynamic cable and cable hang-off.

The SEM-REV installation is capable of connecting any device cable to the export cable with a 24kV variant of the Scottish firm’s HRC. In addition, a custom-designed PDH enables reliable in-line connectivity for multiple devices in harsh Atlantic seawater conditions.

Mr Ian Walters, Head of Engineering at Hydro Group plc, said that “All of us at Hydro Group are proud to see that our equipment has enabled the turbine to export reliable electricity. According to turbine operator Ideol, average availability in the second quarter of 2019 alone has been above 90%. The SEM-REV project has been a great opportunity for us to demonstrate the performance and reliability benefits of our subsea connectivity products in a top-tier marine renewable energy project.”

He added that “These tests have shown that our HRC and PDH technologies can play their part in the success of floating offshore wind thanks to their long design life of 20 years, anti-corrosion capabilities and sturdy construction.”

Source : Strategic Research Institute

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voda 8 augustus 2019 19:07

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Aquila European to Buy Wind Farm in Finland

Renewables Now reported that Aquila European Renewables Income Fund plc unveiled on Monday plans to acquire the owner of Finland's li Olhava onshore wind farm and its extension totalling 34.55 MW of installed capacity.

The fund has entered into a short-term financing agreement to secure the exclusive right to buy Aalto Wind No 2 Ltd Oy. The amount to be spent will be equal to around 15.5% of the funds raised in the company’s initial public offering (IPO) in May 2019. The acquisition is due to take place later this year.

The li Olhava wind farm and its extension, located in the northeast of Finland, have an expected output of 99.2 GWh per year. The wind farms operate under the Finnish contract-for-difference (CfD) framework. The Olhava wind farm qualifies for the CfD premium until mid to late 2024, while the extension is eligible until September 2025.

Both wind farms also receive one guarantee of origin (GoO) certificate per one produced MWh. Aquila European Renewables expects to enter into a GoO purchase agreement (GPA) for up to five years to further hedge the market price exposure. The fund said it is planning to sign power purchase agreements (PPAs) once market conditions and hedging solutions are feasible.

Source : Strategic Research Institute

voda 9 augustus 2019 16:00

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Enel Green Power España Begins Construction of New Wind Farm in Málaga

Endesa, through its renewables subsidiary Enel Green Power España, has started construction on its 34.6 MW Los Arcos wind farm located in Malaga, between the municipalities of Almargen, Teba and Campillos. Los Arcos construction works will involve an investment of 35.5 million euros and are expected to be completed in the last quarter of 2019. Once operational, the Los Arcos wind farm is due to generate over 100 GWh per year, avoiding the emission of approximately 69,000 tonnes of CO2 into the atmosphere each year. The facility will be equipped with ten wind turbines with a capacity of around 3.5 MW each.

EGPE currently manages 12 wind farms in Andalusia: five in the province of Cadiz (four in Tarifa and one in Vejer), another five in Malaga (two in Campillos, one between Campillos and Teba, one in Almargen and another in Sierra de Yeguas), one in Enix (Almería) and one in Padul (Granada).

Mr José Bogas, Endesa's CEO said that "Endesa’s renewable investments are boosting the energy transition in Spain. By year end, over 900 MW of new renewable plants are expected to be fully up and running across the country, following Endesa’s awarding in 2017 auctions, testament to the company's strong commitment to our common objectives on renewables, as shared with the Government.”

Source : Strategic Research Institute

voda 14 augustus 2019 17:05

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Vattenfall Combines Wind, Solar & Batteries In New Hybrid Energy Park

Vattenfall is building a new hybrid energy park, consisting of solar panels, wind turbines and batteries at Haringvliet in the Netherlands. The total capacity is 60 MW, enough to deliver renewable energy to 40,000 Dutch households when operational I September 2020. The total investment is EUR 61 million. Through this project, Vattenfall combines wind turbines with solar panels and energy storage.

The first stage of the building work on the energy park involves installing a total of six wind turbines in the north of Goeree-Overflakkee island between Middelharnis and Stad aan 't Haringvliet. The power output of the wind farm is expected to be in the region of 22 MW, which is enough to supply green electricity to around 27,000 households. The maximum height of the wind turbines is 150 meters, and preparatory work has now begun.

Once the wind turbines have been installed, the solar farm can then be built, consisting of 124,000 solar panels with a total of 38 MW, enough to supply green electricity to around 12,000 households. The batteries, supplied by BMW and with a capacity of 12 MWh, will be installed in 12 shipping containers on the solar farm. The energy park is expected to be fully operational in September 2020.

Facts Haringvliet hybrid park
Wind farm: 22 MW
Number of turbines: 6
Maximum height: 150 m
Solar farm: 38 MW
Number of solar panels: 124.000
Battery capacity: 12 MWh
Total investment: EUR 61 million
In operation: September 2020

Source : Strategic Research Institute

voda 15 augustus 2019 09:05

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Windmolenmaker Vestas scherpt prognose aan

Gepubliceerd op 15 aug 2019 om 08:56 | Views: 88

KOPENHAGEN (AFN/BLOOMBERG) - De Deense windmolenmaker Vestas heeft zijn winstverwachtingen voor het hele boekjaar aangescherpt. Het bedrijf kampt duidelijk met prijsdruk, ondanks dat de onderneming een recordaantal aan opdrachten voor windturbines op de plank heeft liggen.

Door de aanhoudende handelsspanningen tussen de VS en China zijn bedrijven meer kwijt aan ruwe materialen. Dat geldt dus ook voor makers van windmolens. Verder is er steeds meer concurrentie bij de veilingen van nieuwe contracten. Dat noopt de sector om de prijzen te verlagen.

Mede door de concurrentiedruk wist Vestas de voorbije maanden qua winst en omzet niet aan de verwachtingen te voldoen. Het bedrijfsresultaat in het tweede kwartaal kwam uit op 128 miljoen euro op een omzet van 2,1 miljard euro. Dat was een jaar eerder een resultaat van 259 miljoen euro op een omzet van bijna 2,3 miljard euro. De winst halveerde tot 90 miljoen euro.

Voor heel dit jaar rekent het bedrijf nu op een winstmarge van 8 tot 9 procent. Dit was 8 tot 10 procent.

voda 16 augustus 2019 15:01

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Construction of EnBW Hohe See offshore wind farm completed

EnBW has installed all 71 wind turbines of its offshore wind farm "Hohe See" in the German North Sea. Now the installation vessels "Blue Tern" and "Brave Tern" are on their way to the adjacent wind farm Albatros to complete 16 more wind turbines. At the same time, the commissioning of the "Hohe See" wind turbines continues. 27 turbines have already been put into operation and feed electricity into the grid.

"EnBW Hohe See" and "Albatros" represent together the largest offshore wind project with 609 Megawatt currently being realised in Germany. Both wind farms will be put into operation in 2019. To this end, over 600 employees are working at this large construction site in the middle of the sea. Around 50 ships are involved in the construction work. This major project is a logistical challenge and is being coordinated by the EnBW offshore subsidiary in Hamburg.

Source : Strategic Research Institute

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voda 16 augustus 2019 15:03

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Green Investment Group to partner with Iberdrola’s ScottishPower Renewables on East Anglia ONE Offshore Wind Farm

Macquarie’s Green Investment Group has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40% stake in the East Anglia ONE offshore wind farm from ScottishPower Renewables (UK) Limited, a subsidiary company of the Iberdrola group. GIG has secured debt financing from the market to assist in funding its investment. The acquisition reinforces GIG’s commitment to accelerating the UK’s energy transition and brings the total capacity of UK offshore wind supported by GIG to over 5.7 GW, across 14 projects[1] - equivalent to almost 50% of the total UK offshore wind capacity in operations or construction.

EA1 is a 714 MW development located 43 KM off the UK’s Suffolk coast. The project will comprise 102 Siemens Gamesa 7 MW wind turbines, which when fully operational, will produce enough green electricity to power the equivalent of over 600,000 homes annually.

While this is the first time these highly experienced partners have worked together in the UK, Iberdrola’s ScottishPower Renewables has been developing EA1 for over 10 years. In 2015, the project was awarded a Contract for Difference by the UK Government, construction started in 2017 and the project’s first turbine was successfully installed in June 2019. Full commercial operations are expected to commence in summer 2020.

The development is supporting thousands of jobs throughout the supply chain and over 50% of all project investment will be spent in the UK. All 306 glass fibre turbine blades – which are comparable in length to the wingspan of an Airbus A380 - are being manufactured by Siemens Gamesa at its state-of-the-art factory in Hull, while a number of the 90-meter-high towers are being produced by CSWind UK in Machrihanish, Scotland.

GIG is a leading sponsor of offshore wind projects and currently has visibility over c.1000 turbines globally. Alongside its leading presence in established European markets such as the UK, GIG is taking a pioneering role in emerging offshore wind markets including Taiwan, Korea, and Japan.

Mr Edward Northam, Head of GIG Europe, said that East Anglia ONE is a world class development delivering a huge range of benefits to communities across the UK, and I’m delighted that GIG is partnering with ScottishPower Renewables and the Iberdrola group on the project. The UK continues to be a world leader in offshore wind, and I’m incredibly proud of the pioneering role GIG has played in the creation of that market. The need to accelerate our transition to a greener economy has never been greater. We’re committed to driving the UK’s energy transition, establishing offshore wind as the backbone of the UK’s new low-carbon energy system."

Source : Strategic Research Institute

voda 19 augustus 2019 16:58

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Vestas Announced Q2 2019 Result

Revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at all-time high level. Guidance for 2019 narrowed. In the second quarter of 2019, Vestas generated revenue of EUR 2,121 million a decrease of 6% compared to the year-earlier period. EBIT before special items decreased by EUR 131 million to EUR 128 million. The EBIT margin was 6.0% compared to 11.5% in the second quarter of 2018 and free cash flow* amounted to EUR (75) million compared to EUR (173) million in the second quarter of 2018.

The intake of firm and unconditional wind turbine orders amounted to 5,696 MW in the second quarter of 2019.

The value of the wind turbine order backlog amounted to EUR 15.9 billion as at 30 June 2019. In addition to the wind turbine order backlog, Vestas had service agreements with expected contractual future revenue of EUR 15.6 billion at the end of June 2019. Thus, the value of the combined backlog of wind turbine orders and service agreements stood at EUR 31.5 billion an increase of EUR 8.5bn compared to the year-earlier period.

Vestas narrows the 2019 guidance on revenue to range between EUR 11.0 billion and 12.25 billion (compared to previously EUR 10.75 billion to 12.25 billion), and on EBIT margin before special items to 8-9% (compared to previously 8-10%). Total investments* are expected to amount to approx. EUR 800 million (compared to previously approx. EUR 700 million). The adjustments are based on performance and improved visibility for the remainder of the year.

Group President & CEO Henrik Andersen said that “In the second quarter of 2019, continued high demand for wind energy helped Vestas achieve a record-high order intake of 5.7 GW and 15 percent growth in Service revenue. Based on these strong sales results, our order backlog soared by EUR 8.5bn year-over-year to an all-time high of EUR 31bn, again demonstrating our global leadership in a highly competitive market. Together with our Offshore business’ increased profits, the first half of 2019 highlights the complementarity of our business model’s three main areas, creating a great long-term outlook for Vestas. Prices remained stable in the quarter, but further increases in tariffs, raw material prices and transport costs, continue to increase execution costs, causing our gross margin to decline compared to the same period last year. To finish the year as strongly as possible and prepare for high activity levels in 2020, we remain focused on executing our strategy and delivering an extraordinarily busy second half of 2019.”

Key highlights
Highest ever quarterly order intake and all-time high order backlog
5.7 GW of order intake in Q2 including first order for the new EnVentus platform

Total revenue of EUR 2,121m
Six percent decrease compared to Q2 2018

EBIT of EUR 128m
EBIT margin at 6.0 percent impacted by competitive markets, tariffs, and back-end loaded activity level

Strong service performance
Revenue growth of 15 percent, and EBIT margin of 28.4 percent

Increasing profit in MHI Vestas Offshore Wind
Net profit of EUR 22m; an underlying improvement of EUR 49m YoY

Outlook 2019
Guidance for 2019 narrowed for revenue and EBIT margin based on performance and improved visibility

Source : Strategic Research Institute

voda 19 augustus 2019 17:10

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Nordex Launches 163 Metre Rotor For The Delta4000 5.X

Nordex Group is further extending its product portfolio in the market segment of turbines with a nominal capacity of more than 5 MW. Mr José Luis Blanco, the Nordex Group CEO said that "At the heart of our product development strategy, is the continued expansion of the capabilities of our proven Delta4000 platform. We have now reached a further milestone with the introduction of the N163/5.X.” The N163/5.X turbine will be presented at the German Husum Wind Fair, which takes place from 10 - 13 September 2019.

Compared to the recently launched N149/5.X turbine, the N163/5.X shows its strengths particularly on projects with lower wind speeds. The nacelle, gearbox and all system components of the N163/5.X have been taken over from the N149/5.X. A new element is the single-piece rotor blade, with a length of nearly 80 metres, based on the proven and tested glass fibre/carbon fibre differential construction concept of the N149, which Nordex has been using in serial production for its blades since 2011. The rotor diameter has been increased by 14 metres to a total of 163 metres compared to that of the N149/5.X. This makes it one of the biggest rotors in the onshore segment. This larger rotor diameter results in a swept area of 20.867 square metres. Compared to the N149/4.0-4.5, currently being produced in series, this means an additional yield of up to 20 percent for the new turbine.

The N163/5.X is designed for maximum flexibility and can be operated in different modes in the 5 MW range depending on site requirements and customer needs. This enables customers to individually configure the wind farm with regards to energy yield, turbine lifetime, rating and sound requirements, and thus adapt it ideally to the specific business model. The N163/5.X continues the successful approach of a flexible power range of the Delta4000 turbines N149/4.0-4.5 and N149/5.X.

The turbine will initially be offered with hub heights of between 118 and 164 metres. The turbine options also include a cold climate version for operation in temperatures as low as -30°C. The start of the series production of the N163/5.X is scheduled for 2021.

Source : Strategic Research Institute

voda 19 augustus 2019 17:16

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Jan De Nul Bags 600MW Kriegers Flak Contract in Denmark

Jan De Nul Group signs a contract with Vattenfall Vindkraft Kriegers Flak P/S for the transport and installation of 72 8.4MW Siemens Wind Turbine Generators for the Kriegers Flak Offshore Wind Farm in Denmark. Mr Philippe Hutse, Offshore Director at Jan De Nul Group, said that we are proud to have been awarded an offshore WTG installation project of this magnitude. It confirms that Jan De Nul is a trustworthy experienced partner in installing large wind farms at sea. Our investments in knowhow and equipment for offshore installation works bear fruit.

Meanwhile, the Kriegers Flak OWF is located in the Baltic Sea in water depths varying between 15 and 30 metres, at 15 kilometres from shore.

Source : Strategic Research Institute

voda 20 augustus 2019 16:49

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Nordex preparing High Installation Volume in H2

Nordex Group announced that it generated consolidated sales of EUR 990.8 million (H1 2018: EUR 957.1 million) in the first six months of 2019. Total output, which also includes services provided but not yet shown as sales, such as turbines manufactured, rose sharply from EUR 1,090.0 million to EUR 1,603.5 million. This reflects the preparations being made for the high installation volume expected. Earnings before interest, taxes, depreciation and amortization amounted to EUR 17.1 million (H1 2018: EUR 38.4 million), corresponding to an EBITDA margin of 1.7% (H1 2018: 4.0 percent). This means that business performed in line with the pattern anticipated by the Nordex Group in the first half of the year. Lower construction figures and sales in the Projects segment are attributable to the installation schedules of customer projects. After a weaker first half of 2019, the Company expects a significant rise in activity levels with considerably higher sales in the second half of the year.

Given the dynamic order intake, the Nordex Group is now planning to invest around EUR 160 million for the full year 2019, primarily for additional rotor blade production capacity to support profitable growth in 2020 and beyond. The Company noted the potential to increase its capital expenditure in the event of continued positive momentum in customer demand when presenting its initial estimate of EUR 120 million as part of its annual guidance in March. The Nordex Group confirms its guidance for the current year 2019 and expects to generate consolidated sales of EUR 3.2 to EUR 3.5 billion, an EBITDA margin of between 3.0 and 5.0 percent and a working capital ratio of under 2 percent in relation to sales.

In the Projects segment (excluding services), the Nordex Group recorded incoming orders of 3,038.4 MW in the first six months of 2019 (H1 2018: 2,097.3 MW) worth EUR 2,111.8 million. Of this total, Europe and North America accounted for 37 percent each, Latin America for 21 percent and Australia (Rest of the World region) for 5 percent. At the end of the first half of the year, the Nordex Group had an order book of EUR 5.3 billion in the Projects segment (H1 2018: EUR 3.2 billion) and EUR 2.3 billion in the Service segment (H1 2018: EUR 2.0 billion).

Production output has already increased significantly in light of the sharp rise in worldwide installations planned for the second half of 2019. The Company expanded its turbine assembly production by 52 percent from 1,141 MW in the prior-year period to 1,735 MW in the first six months of this year. The Company also increased the production of rotor blades by 48 percent to 659 units, up from 444 units. The Nordex Group's production is always aligned with the delivery obligations associated with its projects. Production output will continue to rise in the second half of 2019.

In the first six months of 2019, the Nordex Group installed a total of 242 wind turbines in 13 countries with a combined output of 778.1 MW (H1 2018: 934.4 MW), with Europe accounting for around 34.5 percent and non-European markets for 65.5 percent of this total. As a result of lower installation figures, sales in the Projects segment reached EUR 810.7 million in the reporting period (H1 2018: EUR 797.1 million). Sales in the Service segment rose by 12.2 percent to EUR 181.6 million in the first half of the year (H1 2018: EUR 161.8 million) to continue their steady growth.

Source : Strategic Research Institute

voda 23 augustus 2019 20:00

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Statkraft Acquires UK Airvolution Clean Energy

Statkraft has acquired the entire shareholding of UK onshore wind developer Airvolution Clean Energy Ltd. The acquisition is in line with Statkraft’s recently stated ambitions to deploy 600MW of onshore wind and solar generation in the UK. Airvolution have been working exclusively on behalf of Statkraft since October 2017 to identify, secure and bring forward project opportunities in Scotland and this deal will see the Airvolution team moving in-house as part of the growing Statkraft workforce based in the UK. Airvolution’s Glasgow office will be retained by Statkraft and soon double in size with new recruits starting in September.

Statkraft’s acquisition of Airvolution Clean Energy Ltd further strengthens Statkraft’s position in the UK since its acquisition of Element Power UK and Ireland activities in late 2018.

Mr David Flood, Managing Director of Statkraft UK said that “We have been very impressed with what Airvolution have achieved in a relatively short period of time through our development partnership for Scottish onshore wind projects. Bringing the team in-house is a natural progression of that partnership, significantly strengthening our ability to deliver against our ambitious targets for the UK.”

Source : Strategic Research Institute

voda 26 augustus 2019 17:04

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Vattenfall Inaugurates Scandinavia Largest Offshore Wind Farm

HRH Crown Prince of Denmark accompanied by Danish Prime Minister Mette Frederiksen and the Minister of Climate, Energy and Utilities Dan Jørgensen officially opened Denmark’s, Scandinavia’s and Vattenfall’s largest offshore wind farm, Horns Rev 3. The 49 wind turbines on Horns Rev 25-40 km off Denmark’s west coast in the North Sea will increase the Danish power production from wind with around 12%. Enough to power the yearly consumption in 425,000 Danish households.

The first foundation for Horns Rev 3 was placed in the seabed in October 2017 and the first turbines began delivering electricity to consumers on 23 December 2018. During the construction phase, the turbines were shipped from the Port of Esbjerg but from 2024 they will be serviced from the Port of Hvide Sande, where Vattenfall will establish a new service hub.

Mr Magnus Hall CEO of Vattenfall said that“Horns Rev 3 is the largest offshore wind farm in Scandinavia and shows our commitment to Denmark’s ongoing transition to a renewable energy system. The wind farm is a significant contribution to Vattenfall´s production portfolio and takes us one step further in our ambition to enable a fossil-free living within one generation.”

Mr Gunnar Groebler, Senior Vice President and Head of Business Area Wind in Vattenfall said that “It has taken less than two years from the first foundation was built until the inauguration of Horns Rev 3. An impressive achievement of our employees and partners who now have completed the largest offshore wind farm in Vattenfall’s portfolio. It proves Vattenfall’s position as a leading offshore developer and our commitment to making offshore wind a corner stone in a future fossil-free energy system.”

Source : Strategic Research Institute

voda 26 augustus 2019 18:20

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Enova Supporting Hywind Project

Enova has approved an application for funding of up to NOK 2.3 billion to support the Hywind Tampen project for developing the world’s first floating offshore wind farm supplying renewable power to offshore oil and gas installations. Equinor and its partners are considering the possibility of supplying electricity from a floating offshore wind farm to the Gullfaks and Snorre fields. Today the licences received confirmation that the Hywind Tampen project has been granted funding of up to NOK 2.3 billion from Enova’s programme for full-scale innovative energy and climate measures. Earlier the Business Sector’s NOx Fund decided to support the Hywind Tampen project by an investment grant of up to NOK 566 million. Mr Pål Eitrheim, executive vice president for New Energy Solutions in Equinor said that “The support that the licences have received for the Hywind Tampen project demonstrates the will of Norwegian authorities to invest in and develop floating offshore wind farms and renewable energy supplies. With this support we have taken an important step forward in realising the project. Now it is up to the licences to further mature the project towards a final investment decision this autumn.”

Mr Olav-Bernt Haga, project director for Hywind Tampen said that “The Hywind Tampen project will contribute to further developing floating offshore wind technology and reducing the costs of future floating offshore wind farms, offering new industrial opportunities for Norway, the licences and Norwegian supplier industry in a growing global offshore wind market.”

Source : Strategic Research Institute

Joni-2 27 augustus 2019 14:03

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EU-planning: offshore winduitbreiding routekaart: rapport te realiseren voor 2050
Document is deel van 'Green New Deal' van toekomstige commissievoorzitter von der Leyen

www.rechargenews.com/wind/1841767/eu-...

voda 30 augustus 2019 19:07

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Vestas Sells Majority Stake in Three Wind Power Plants in Romania

Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the Romanian wind power plants Pantelimon, Pegasus, and Apollo to a non-disclosed buyer for a selling price of EUR 136 million. Closing of the transaction is expected to take place within eight to ten weeks. The transaction is subject to certain closing conditions, including approval by the Romanian Competition Council.

The sale of projects is expected to be recognised as revenue and earnings within the fiscal year of 2019. Vestas maintains its guidance for 2019.

Source : Strategic Research Institute

voda 30 augustus 2019 19:10

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Eolus Completes Swedish Wind Farm Sotterfallan

Eolus has completed wind farm Sötterfällan in Jönköping municipality, Sweden. All conditions for the completion of the transaction between Eolus and KGAL regarding the sale of the wind farm comprising 36 MW have been fulfilled and the buyer has taken over the facility. In December 2017 Eolus signed an agreement with KGAL regarding the sale of wind farm Sötterfällan, comprising 10 Vestas V136 3.6 MW wind turbines. The agreement was made public through a press release on December 22nd, 2017. All conditions for the fulfillment of the transaction regarding the turn key wind farm have been met, payment have occurred and the buyer has taken over the facilities. Included in the agreement made public on December 22nd, 2017, was also the sale of wind farm Anneberg.

Wind farm Anneberg was handed over to KGAL in January 2019.

Eolus will deliver asset management services for the wind farm.

Source : Strategic Research Institute

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