Stay updated with breaking news from Esbjerg Declaration. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Petrofac and Hitachi Energy have been selected by TenneT, the Dutch-German Transmission System Operator, to supply multiple offshore platforms and onshore converter stations to accelerate the integration of bulk renewables into European power grids.
Hitachi Energy and Petrofac were awarded the multi-year framework agreement as part of TenneT’s ambitious offshore wind "2GW Program”1, based on high-voltage direct current (HVDC) technology pioneered by Hitachi Energy.
The UK-Europe interconnector portfolio (Aminth, Cronos, and Tarchon projects) has been declared eligible for Third Cap and Floor Window in the UK.COPENHAGEN, Denmark , Feb. 28, 2023 (GLOBE NEWSWIRE) --
The German offshore network will be connected to the Dutch offshore network
As reported last month, Siemens Gamesa Renewable Energy posted a significant net loss for its Q1 2023 (October–December 2022), mainly due to specific components' failure rates, and its net financial debt totalled EUR 1.9 billion as of 31 December 2022. However, looking long-term, the company sees a light at the end of the tunnel driven by, among other things, the potential integration into Siemens Energy, as well as the Inflation Reduction Act (IRA) in the US and the EU's REPowerEU.