Swiss technology conglomerate ABB has obtained an order valued at more than $250 million from Danish energy firm DONG Energy to supply a high-voltage cable system linking the Hornsea Project One offshore wind farm in the North Sea to Britain's continental grid, as it stated on Thursday.
read more... 01/04/2016
The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.
read more... 31/03/2016
Crude oil prices ended flat on Wednesday, erasing most of the day’s gains, losing momentum, after U.S. government data unveiled crude stockpiles hit all-time high records despite strong refinery runs. U.S. crude futures rose 4 cents to close at $38.32 a barrel. Brent crude's front-month edged 12 cents higher to settle at $39.26, retreating from a session peak of $40.61.
read more... 31/03/2016
Heerema Marine Contractors has obtained an agreement from Dong Energy to carry and install the offshore substation for the 450MW Borkum Riffgrund 2 wind farm in the German North Sea.
read more... 28/03/2016
Onshore wind developers will invest minimum €2.7 billion in Ireland in the next four years to guarantee that the country meets its 2020 renewable electricity objectives.
read more... 23/03/2016