The Prysmian Group, world leader in the energy and telecom cables and systems industry, has signed an agreement to acquire 100% of Global Marine Systems Energy Limited (GME) from Global Marine Systems Ltd (GMSL) for a purchase price of approximately €53 million. GME is a British company active in th
A significant increase in the share of renewable energy to 40-55 percent of the European energy mix by 2050 will place great demands on the European electricity infrastructure. Meeting these demands will require considerable investments in new infrastructure to make more efficient use of existing in
Representatives from submarine cable and offshore wind industries, together with regulatory bodies, have issued guidance on the proximity of submarine cables to offshore wind farms. The guidance provides a framework for collaborative working between the industries for mutual benefit, particularly in
As the issues on grid connection of German offshore wind farms hold back the development in the North Sea, German power network operator 50Hertz expects a shift of investor interest to offshore wind in the Baltic Sea. Reuters quotes the company’s CEO as saying that the expected offshore wind power c
At ONS 2012, JDR, a leading supplier of high performance subsea cables and umbilical systems, will showcase its evolving range of custom design products for the global oil, gas and renewable energy markets. Key product innovations on show will include JDR’s Open Water IWOC Umbilical Systems for next
At ONS 2012, JDR, a leading supplier of high performance subsea cables and umbilical systems, will showcase its evolving range of custom design products for the global oil, gas and renewable energy markets. Key product innovations on show will include JDR’s Open Water IWOC Umbilical Systems for next
ABB, the leading power and automation technology group, will present some of its leading power technologies at the Cigré conference in Paris. Running from August 27-31, 2012, the biennial event is a key platform for the discussion of global trends, technologies and future developments in the power s
ABB, the leading power and automation technology group, will present some of its leading power technologies at the Cigré conference in Paris. Running from August 27-31, 2012, the biennial event is a key platform for the discussion of global trends, technologies and future developments in the power s
Despite the differences between the Federal Environment Ministry and Ministry of Consumer Protection, German Government expects an agreement in the issue of liability for offshore wind farms. According to Dow Jones Newswires, disagreements are not uncommon during the phase of departmental coordinati
Despite the differences between the Federal Environment Ministry and Ministry of Consumer Protection, German Government expects an agreement in the issue of liability for offshore wind farms. According to Dow Jones Newswires, disagreements are not uncommon during the phase of departmental coordinati
Global Marine Systems Energy Ltd., (GME) the largest independent provider of subsea power cable installation, maintenance and related engineering services worldwide has landed the first export cable at the Gwynt y Mor Offshore Wind Farm. The cable was landed by GME’s recently launched vessel, Cable
In its information update, which includes environmental issues and request for night time visualisation, the No Tiree Array (NTA) points to conflicting wind subsidy policies between Scotland and the UK, as well as the location of the HVDC converters for the Argyll Array offshore wind farm. It says t
TenneT TSO GmbH is seeking offers for manufacturing, supply and laying of subsea AC cables, including light waveguide in the area of the DolWin cluster, designed for a transmission range of up to 400 MW and a voltage level of about 155 kV. This includes in particular the connection of cables to the
Back in 2011, European leaders signed a Memorandum of Understanding (MoU) to boost offshore wind development and to connect all the renewable energy sources in the EU. The MoU was part of a plan to achieve 20% of renewable energy by 2020, reports Oildprice. The new connections will reduce energy pri
