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03 Oct 2008 05:10:27

Offshore wind growth 'explosive'



Offshore wind growth 'explosive'
Actual and predicted growth in the offshore wind farm industry has led a turbine installer to buy a second sea rig.

Danish firm A2SEA has bought a second sea platform following a year of "explosive" growth since buying its first.

The offshore specialist, which claims to have worked on the installation of 70 per cent of all sea-based wind farms, has predicted its turnover will triple to £13.5 million this year.

A2SEAs current fleet is 100 per cent booked and it is having the legs of its existing rig, Sea Power, extended so it can operate in waters up to 24 metres deep.

Chief executive Jens Frederik Hansen said: "This acquisition has enabled us to offer a wider range of services, e.g. higher installation capacity for the waters west of Great Britain, where we are experiencing an increasing activity."

The growth has been supported by the European Commission which set a target of 20 per cent of all energy consumption to be met from renewable sources.

http://www.a2sea.com/uploads/A2SEA_Acquires_the_Barge_JB1...


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