Dutch state-owned electric grid company TenneT has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric, and caused shares in Petrofac, part of the Hitachi consortium, to spike as much as 73%.TenneT is spending…
General Electric Co has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy, the companies recently said.Terms of the settlement, which was described as amicable…
China Longyuan Electric Power Group Corporation has received Approval in Principle from China Classification Society (CCS) for its floating wind foundation design that incorporates a fish farm.The concept aims to achieve multi-space, multi-level sharing of ocean space…
When General Electric Co's investors gather on Thursday, the focus will be on the company's loss-making renewable energy business as well as persistent supply-chain challenges at its aerospace unit.A $100 billion reduction in debt since 2018…
General Electric recently filed a plan to build two new offshore wind manufacturing facilities in New York if it wins enough orders from companies in the state’s ongoing solicitation for up to 4.6 GW of offshore wind.GE proposed building the…
A joint venture between RWE Renewables and National Grid called Community Wind has submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to provide New York State with electricity from 1.3 GW of offshore wind capacity to power nearly 500…
In 2023, some 100 miles off the coast of northeast England, the world’s largest wind turbines will start generating electricity. This first phase of the Dogger Bank offshore wind farm development uses General Electric’s Haliade X, a turbine…
General Electric Co has fended off a patent lawsuit over its Haliade-X turbines brought by Siemens Gamesa Renewable Energy A/S in a London court.Judge Richard Meade of London's High Court on Wednesday said Siemens, which had sued GE claiming…
The Norwegian offshore vessel owner Siem Offshore has entered into a one-year firm contract plus options for the multi-purpose support vessel Siem Dorado with an undisclosed client. The contract will start in direct continuation of the current contract…
Danish wind turbine maker Vestas reported on Wednesday a wider-than-expected operating loss for the third quarter, cutting its full-year outlook due to continued cost inflation and supply chain instability.Vestas cut its 2022 profit margin outlook to minus 5% from previously between minus 5% and 0%…
A Boston federal judge barred General Electric Co on Wednesday from making and selling its Haliade-X wind turbines in the United States, after a jury found in June that the turbines infringed a patent owned by rival Siemens Gamesa Renewable Energy A/S…
Japan's JERA has signed a deal with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term deliveries of liquefied natural gas (LNG), a spokesperson for the country's biggest power generator said on Friday.Russian…
Crowley has appointed Bob Karl as senior vice president and general manager of the company’s new business unit, Crowley Wind Services. As Crowley elevates the scope of its offerings in wind energy, Karl will lead the company’s wind services…
Offshore helicopter specialist Bristow Group has signed long-term maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on Bristow's global fleet of AW139 helicopters. AW139 helicopters offer seating for 12 persons…
Floating wind foundation maker BW Ideol has partnered up with Japanese electric utility Tohoku Electric Power to conduct feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off the coast of Kuji city…
