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547 Posts, Pagina: « 1 2 3 4 5 6 ... 23 24 25 26 27 28 | Laatste
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Iberdrola Sells to GIG 40% Of Its East Anglia One offshore wind farm

Iberdrola has signed an agreement with the Green Investment Group of the Macquarie group, for the sale of a 40% stake in the East Anglia One offshore wind farm , which the company builds in British waters of the North Sea. This operation implies, therefore, the entry of a new partner in this renewable installation, in which Iberdrola will maintain a majority participation of 60%.According to the terms of the operation, the valuation for 100% of EAO amounts to about 4,100 million pounds sterling and, by the time the park goes into operation in 2020, Iberdrola will have received around 1,630 million pounds sterling for 40%. This amount will be used to finance the organic growth of the group, contemplated in its 2018-2022 Strategic Perspectives.

The closing of the transaction is pending the usual authorization by The Crown State.

EAO is one of Iberdrola's most relevant projects under development and the largest renewable project ever developed by a Spanish company. When it enters into operation in 2020, the park will be the largest in the world, with an installed capacity of 714 MW, with which it will supply 600,000 British homes with clean energy.

Source : Strategic Research Institute
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Jumbo Ships Large TP’s for First Offshore Windfarm in Taiwan

Jumbo has just completed the shipment of the heaviest, tallest and the largest diameter Transition Pieces. These TP’s were shipped for our client Jan De Nul Group in cooperation with brokers Multi Marine Chartering BV from Laem Chabang to Taichung, where they will form part of Taiwan’s Formosa 1 Phase 2 Offshore Wind Farm. The Formosa 1 OWF will have a total capacity of 128MW once built and commissioned. Phase 1 of Formosa 1 features two Siemens 4MW demonstration turbines, the first ever wind turbines to be installed off Taiwan. The Formosa 1 Phase 2 is owned by Formosa I Wind Power Co. Ltd., a partnership of Ørsted (35%), JERA (32.5%), Macquarie Capital (25%), and Swancor Holding (7.5%).

In advance of the shipments, Jumbo coordinated the fabrication of 12 grillages which act as individual secure holdings on deck for each TP. After installing the grillages onboard the Jumbo Kinetic, the vessel set sail to Laem Chabang to set the project in motion.

The TP’s were carefully secured to the grillages on board the Jumbo Kinetic by her specialised team and then moved in 3 shipments from Laem Chabang to Taichung. In total 20 TP’s with a diameter of 7,8 x 30 m high and a weight of 462 tonnes each were shipped.

Source : Strategic Research Institute
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Siemens Gamesa Strengthens its Position In India

Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind farms, totalling 453 MW. Both projects will be located in Bhuj, Gujarat, where the company will supply 202 MW for one project and 251 MW for the other. The wind farms are expected to be commissioned by 2020. The SG 2.2-122 is specifically optimized for low wind, low turbulence sites typical of the Indian market, thanks to extremely low power density and high efficiency. This turbine has been crucial to cement Siemens Gamesa leading position in India having sold over 1 GW in the current fiscal year.

Mr Ramesh Kymal, Onshore CEO of Siemens Gamesa in India said that “Alfanar is already our customer globally and we are happy to announce this first deal with the company in India. Repeated big orders such as this certainly boosts our confidence and demonstrates customers’ trust in our capabilities. With the SG 2.2-122 – a turbine made for India, we expect to deliver better value to our customers through innovative, tailor-made solutions.”

Source : Strategic Research Institute
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Oman First Wind Power Plant Starts Operating - Reports

UrduPoint News reported that a 50 megawatt wind power plant has been launched in the Dhofar Governorate in the south of Oman. The power plant in Dhofar is the first in the Persian Gulf region, Times of Oman newspaper reported. Currently only one wind turbine out of 13 is connected to power grids.

A full launch of the power plant is scheduled for the end of this year. It will enable electricity supply to 16,000 houses in the Dhofar Governorate.

Source : Strategic Research Institute
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AMSC Received USD 9 Million Wind Turbine Order from Doosan Heavy Industries

AMSC a global energy solutions provider serving wind and power grid industry leaders announced it has received a USD 9 million order for its 5.5 MW wind turbine electrical control systems from Doosan Heavy Industries & Construction Co Ltd, South Korea’s premium wind turbine manufacturer. AMSC signed an agreement with Doosan in calendar year 2017 for the rights to design and exclusively supply ECS units to Doosan’s 5.5 MW offshore wind turbine. The initial 5.5 MW systems were ordered in January 2018, and AMSC expects to complete shipments under this follow-on order by no later than fiscal year 2020.

Mr Daniel P McGahn, Chairman, President and CEO, AMSC said that “We believe that this order represents the beginning of Doosan’s transition into volume production with one of the world’s largest offshore wind turbines. As the South Korean wind market grows and Doosan positions itself for export, we stand ready to support its anticipated production ramp with our 5.5 MW electrical control system.”

According to GlobalData, the South Korean offshore wind market capacity is forecasted to grow to approximately 6 GW by 2030 while the global offshore wind power market capacity is forecasted to grow to approximately 100 GW by 2030.

The 5.5 MW full conversion wind turbine design and prototype is the product of a joint development between South Korea-based Hyundai and AMSC, which Doosan acquired in 2017. AMSC's wind turbine ECS include the company's proprietary PowerModule™ power converters, pitch and yaw converters, SCADA systems and other power electronics. They are designed to enable reliable, high-performance wind turbine operation by controlling power flows, regulating voltage, monitoring system performance and controlling the pitch of wind turbine blades to maximize efficiency.

Source : Strategic Research Institute
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Suzlon Energy Reports Q1 Net Loss Narrows To INR 337 crore

Suzlon Energy's consolidated net loss narrowed to INR 336.88 crore in the June quarter, on account of lower expenses. The company had reported a loss of INR 575.10 crore in the corresponding period of the previous financial year. Its total expenses in the April-June 2019 quarter declined to INR 1,178.39 crore as compared with INR 1,866.04 crore in the year-ago period. The firm's total income dropped to INR 851.09 crore, compared with INR 1,289.94 crore a year ago.

In the January-March quarter this year, it had reported a loss of INR 294.64 crore. The company had reported a net loss of INR 1,537.19 crore in 2018-19.

Suzlon Energy Group Chief Executive Officer Mr J P Chalasani said in a statement that "We continue to witness sectoral slowdown, owing to the prolonged industry transition to the bidding regime and policy uncertainty in few states. On the positive side, tariffs are stabilising and the volume growth in the long-term augur well for sustainable growth of the sector."

He said the company's operation and maintenance services division continues to deliver high machine performance for the customers, surpassing industry benchmarks.

Suzlon Energy Group Chief Financial Officer Mr Kirti Vagadia said that "Post default scenario, the company operations are at a sub-optimal level. However, we have continued to focus on cost optimisation across the board including cost of goods sold, fixed costs, working capital and thereby curtailed losses in this lean period."

Source : Strategic Research Institute
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Sembcorp Commissions 200 MW Wind Power Project in Bhuj

Indian arm of Singapore-based Sembcorp Industries said that it has commissioned 200 MW of wind power project at Bhuj in Gujarat, taking its total generating capacity to 450 MW to become the largest producer of electricity from wind energy in the country.

The phased commissioning of a combined capacity of 200 MW of wind project at Bhuj in Gujarat is part of the 250 MW and 300 MW capacity, respectively, that Sembcorp won in the SECI 2 and SECI 3 wind bids conducted by the Solar Energy Corporation of India.

It had previously commissioned 250 MW of wind project in Tamil Nadu under SECI 1.

In all, the company had won 800 MW of wind power bids, of which it has completed 450 MW.

Source : Strategic Research Institute
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