Siemens buys into A2Sea

With this investment, Siemens aims at advancing the industrialization of offshore wind power and the Danish A2Sea obtains the possibility of further expansion. "Together with Siemens, A2Sea can build optimized vessels for the installation of offshore wind turbines", says Wolfgang Dehen, CEO of Siemens Energy. The group hopes that the optimization of ships and processes will result in higher efficiency and shorter installation times.

The transaction is subject to the approval of the anti-trust authorities and is scheduled for the fourth quarter. The purchase price of the shares amounts to approximately € 115 million, to be paid by Siemens in two instalments in 2010 and 2011.

Related News:

  • Siemens equips a 343 MW wind farm in the USA
  • UK Crown Estate announces an extra 2 GW offshore
  • Similar Entries

    Siemens Gamesa has secured a new order in India from Ayana Renewable Power Six Private Limited to supply a 302MW project, providing another boost to the country’s wind energy drive. A total of 84 units of the SG 3.6-145 wind turbines will be installed for the project in the Gadag district, Karnataka State.

    Using Bolt-Check to monitor clamp load (pict.: R&D A/S)

    The Bolt-Check tool reduces preventative maintenance time, resulting in service cost reductions while maximizing uptime; Reduced health and safety costs.

    Excelsior Energy Capital (“Excelsior”), a renewable energy infrastructure fund focused on long-term investments in wind and solar power plants in North America, and Unico Solar Investors (“Unico Solar”), a wholly owned subsidiary of Unico Investment Group LLC that develops, owns and operates commercial and community solar installations, announced the completion of a 300-kilowatt solar energy system at Central Station, a new four-story, 125,000-square-foot office building. Developed by SteelWave and owned by Principal Real Estate Investors, the building is located at 285 Sobrante Way in Sunnyvale, California.

    Webinar "Operation of Wind Power Plants in Cold Climate 2021" (pict. VGB)

    For the first time the results of the VGB Research Project “Comparison of blade-based ice detection systems” will be presented at the webinar
    "Operation of Wind Power Plants in Cold Climate".