Search results for: berwick bank

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  • REpower Secures Syndicated Loan of EUR 750 Million

    1 March 2012
    Business & Finance

    REpower Systems SE yesterday signed an agreement with a consortium of banks headed by BayernLB, Commerzbank Aktiengesellschaft and Deutsche Bank AG for a syndicated loan of EUR 750.0 million. This move enables REpower to secure follow-on financing early for the credit facilities of EUR 600.0 million agreed in May 2009. The loan has a term […]

  • Clifford Chance Advises Banks Involved in Westermeerwind

    30 July 2014
    Business & Finance

     A group of banks led by ING and Rabobank in the role of structuring banks acted as financiers of the Westermeerwind wind farm in the Noordoostpolder that reached financial close. In addition to ING and Rabobank, ASN Bank and Triodos Bank were also is involved and Danish export credit agency EKF guarantees part of the financing. […]

  • Burbo Bank Extension Brings LEGO to 100% Renewables Goal

    17 May 2017
    Business & Finance

    With the inauguration of the 258MW Burbo Bank Extension offshore wind farm today, 17 May, the LEGO Group informed it had reached the goal of balancing 100% of its energy use with energy from renewable sources.

  • Dutch Want In On US Offshore Wind Action

    21 November 2016
    Authorities, Business & Finance, R&D, Training & Education

    The Holland Home of Wind Energy plans a new visit to Massachusetts in order to secure their part in the development of this US state’s offshore wind potential after their most recent visit reportedly demonstrated that ”offshore wind is about to take off in the US, and Dutch companies could play a role in this sector.” Back […]

  • UK: Statoil, Statkraft Acquire Dudgeon Offshore Wind Farm

    17 October 2012
    Wind Farm Update

    Statoil and Statkraft have acquired the Dudgeon Offshore Wind Farm project through the acquisition of all shares in Dudgeon Offshore Wind Limited (DOW), a subsidiary of the UK energy company Warwick Energy Limited.  Following a successful partnership in developing the Sheringham Shoal Offshore Wind Farm off the coast of North Norfolk, Statoil and Statkraft will […]

  • UK Labour Proposes to Build 37 Public-Private Offshore Wind Farms

    24 September 2019
    Authorities, Business & Finance

    The UK’s Labour Party has announced plans to build 37 new offshore wind farms with a 51 percent publicly owned stake. Offshore wind prices fell by 30 percent last week and there are more offshore wind farms installed in the UK than any other country. But deployment is still too slow, and all sites are owned […]

  • Vestas to Launch Act on Facts Campaign in UK and Ireland

    5 November 2013

    At tomorrow’s RenewableUK annual conference in Birmingham, Vestas will bring its innovative global campaign to the UK and Ireland, with an aim to separate rhetoric from reality and to channel public support towards actions that help wind energy. “The public debate about wind energy and green levies in the UK is too often being distorted […]

  • USA: Maryland Offshore Wind Energy Act Passes House of Delegates

    25 February 2013
    Authorities

    The Maryland Climate Coalition commends Chairman Derrick Davis, Speaker Busch, and members of the House of Delegates for passing HB 226, the Maryland Offshore Wind Energy Act of 2013, with a vote of 86-48. “Today was a great day for democracy. With 72% of Maryland voters in support of investing in an offshore wind economy, […]

  • Third Annual Renewable Energy Finance Forum-West Conference (USA)

    1 October 2010
    Training & Education

    The third annual Renewable Energy Finance Forum (REFF)-West hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events in San Francisco this week brought together more than 400 investors, industry executives and policy makers for an engaging discussion on the state of the renewable energy industry, public policy, financial markets, and corporate […]

  • Shetland Firm to Manufacture Tidal Turbine Blades for Local Project

    1 December 2014
    Business & Finance, Technology

    A Shetland company will manufacture blades for a bank of tidal turbines that will power 300 homes, Deputy First Minister John Swinney has announced. Shetland Composites secured the six month contract from Edinburgh-based Nova Innovation who is developing five 100kW tidal turbines known as the Shetland Tidal Array. The turbines, which sit more than 100ft […]

  • Scottishpower Renewables Selects Intertek Metoc for Pioneering Wave and Tidal Projects

    16 March 2012

    Intertek METOC, a specialist marine consultancy, has been selected by ScottishPower Renewables, an Iberdrola company, to provide modelling, survey support and marine expertise for offshore wave and tidal resource assessment. The recent ROC (Renewable Obligation Credits) banding review has already started to provide a favourable investment climate for wave and tidal energy technology. This, combined […]

  • Maryland Against Trump Lifting Oil & Gas Drilling Ban

    5 May 2017

    The U.S. President Donald Trump last week signed a new executive order that asks for a review of the oil and gas drilling bans imposed by the Obama administration.

  • Norstec Academy to Attract UK’s Talent

    15 May 2014
    Training & Education

    The offshore renewables industry has launched a bid to attract the UK’s top talent. Further and Higher Education students are being given a chance to find out about the wealth of opportunities the offshore wind industry has to offer in a competition announced today by Norstec. Norstec is a network that brings together key players […]

  • P2 Pelamis Wave Power Device off to European Marine Energy Centre (UK)

    7 November 2011
    Technology

    Following its manufacture and testing in Leith, ScottishPower Renewables’ new P2 Pelamis wave power device set sail for the European Marine Energy Centre in Orkney (Sunday 6th November). It will undergo further trials as part of a unique cross-industry collaboration project with a similar device managed by E.ON. The company received a grant from the […]

  • UK: Number of Offshore Wind Jobs Doubles in the Last 3 Years

    19 September 2013
    Jobs & Recruitment, R&D

    RenewableUK, the trade body for the UK wind and marine renewables sector, today published an update of its 2010 study into employment in the wind, wave and tidal energy sectors. Working for a Green Britain and Northern Ireland reveals that together these important growth industries now directly employ 18,465 people full time. That’s equivalent to […]

  • Aquamarine Power Secures GBP 7 Million of New Funding (UK)

    27 September 2011
    Business & Finance

      Wave energy company Aquamarine Power took another major step towards the commercialisation of its Oyster technology with the announcement today [27 September 2011] of £7 million of new funding and a commitment of further investment in the company from its existing shareholders over the next two years. The company has closed a funding round […]

  • EDF Launches Its First Annual Energy Day (UK)

    18 December 2012
    Training & Education

    Budding engineers will gather at the EDF Energy London Eye on Wednesday (19 Dec) as EDF Energy launches its first annual Energy Day to highlight career opportunities and the importance of engineering to the UK economy. With a drive to recruit more engineers – and a particular focus on the Women in Engineering initiative – […]

  • Safety: At what risk?

    9 October 2012

    With offshore wind having become a busy and fast emerging business over the past few years, in which money seems to be present in abundance, the industry seems to be blind for lessons learned. Even to the point that fatal accidents have been accepted at a very early stage, in the development phase. Recent fatalities […]