Search results for: marr bank

562 results

A list of search results

  • New Wind Energy Research Focuses on Turbine Arrangement (USA)

    4 November 2013
    R&D, Training & Education

    Research into the best ways to arrange wind turbines has produced staggering results — quite literally.  The University of Delaware’s Cristina Archer and her Atmosphere and Energy Research Group found that staggering and spacing out turbines in an offshore wind farm can improve performance by as much as 33 percent. Article by Teresa Messmore, UDaily […]

  • UK: Crown Estate Posts Profit of GBP 252.6 Million

    27 June 2013

    The Crown Estate announced another record financial result, posting a profit of £252.6 million which they pay entirely to the UK Treasury for the benefit of the nation’s finances. Profit for the year was up by 5.2 per cent on last year and capital value rose by over 7 per cent to more than £8.6 […]

  • Financing wind farms: How the largest project finance in offshore wind was established

    23 July 2014

    On May 14, 2014 the Dutch Gemini project reached financial close. After days and nights of intensive talks, serious negotiations and meticulously reviewing all contracts, all parties reached an agreement. All the ends were tied together, and everyone looked with satisfaction into a large room that was literally stuffed with contracts. Agreements, which made it […]

  • Canada to Pay CAD 28 Million to Windstream Over Stalled Offshore Wind Project

    14 October 2016
    Authorities, Business & Finance, Wind Farm Update

    An arbitral tribunal appointed under the North American Free Trade Agreement (NAFTA) has ruled that Canada is to pay around CAD 28 million in damages and legal costs to the U.S. firm Windstream Energy LLC, the developer of the 300MW offshore wind power project in eastern Lake Ontario. A three-member panel appointed by the Permanent Court of Arbitration in The […]

  • Scottish First Minister Visits Abu Dhabi (UAE)

    17 January 2012
    Authorities

    Scotland’s First Minister Alex Salmond today met with UN Secretary General Ban Ki Moon and Premier Wen of China and shared his vision of a global society with a secure energy future. The First Minister took part in a majilis – a public audience held by the ruler Mohammed bin Zayed Al Nahyan Crown Prince […]

  • Germany: HANNOVER MESSE 2013 Ends

    14 April 2013

    HANNOVER MESSE 2013 drew to a successful close on Friday. “Over the past several days, the world’s leading trade fair for industrial technology has underscored its role as a key driver of the fourth industrial revolution,” commented Dr. Jochen Köckler, member of the Managing Board at Deutsche Messe AG. “Exhibitors and visitors alike have given […]

  • Renewable Energy Risk Analysis Company Shows Strong Growth (USA)

    17 November 2011
    Business & Finance

    3TIER®, a global leader in renewable energy risk analysis, announced it has been recognized by three organizations for continued, strong growth. For the fourth consecutive year, 3TIER was included in the Puget Sound Business Journal’s list of 100 Fastest-Growing Private Companies in Washington State. For the second consecutive year, 3TIER ranked on Deloitte’s Technology Fast […]

  • Major UK Project to Unlock Untapped Potential of Ocean Renewable Energy Fuels

    23 July 2021
    Technology

    An innovative GBP 10 million research project, led by the University of Strathclyde, has been set up to investigate the potential of harnessing offshore wind and marine renewable energy to produce zero-carbon hydrogen and ammonia fuels. The multi-disciplinary Ocean-REFuel: Ocean Renewable Energy Fuels project will explore ways of converting ocean energy into fuels for use […]

  • UK: Tidal Lagoon Swansea Bay to Raise GBP 2 Million

    10 June 2013
    Business & Finance

    Tidal Lagoon (Swansea Bay) Plc has announced the launch of a £2m local community share offer to give the people of Wales the opportunity to be early stage investors in the planning and design development phase of the Swansea Bay Tidal Lagoon proposal. The £2m Community Share offer is part of the Company’s current fundraising […]

  • Offshore Wind to Account For 80 Per Cent of Infrastructure at Sea by 2050 – DNV

    9 March 2023
    Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Transition

    The amount of ocean space occupied by installations will grow five-fold by 2050, driven by offshore wind, which will account for 80 per cent of stationary infrastructure at sea by midcentury, followed by aquaculture (13 per cent) and oil and gas (5 per cent), according to DNV. Whilst ocean space is plentiful, industrial activity will […]

  • Sif’s 2016 Figures Go Up

    29 March 2017
    Business & Finance

    Sif Group reported a revenue of EUR 400.3 million for 2016, a 24.6% increase from EUR 321.3 million in 2015, with the company’s net earnings rising by 5% from EUR 35.6 million in 2015 to EUR 37.4 million last year. The company’s net debt also increased, but mainly due to building new facilities that will lead to Sif having a production capacity of 300 Ktons per year.

  • UK: 1st Phase of Gunfleet Sands Demonstration Project Completed

    30 October 2012
    Wind Farm Update

    The first phase of offshore construction at DONG Energy’s Gunfleet Sands Demonstration Project is now complete following installation of the two monopiles and transition pieces. Work on connecting the offshore and onshore elements of the project has now also reached the halfway point. Marking an important milestone in the development of this ground breaking test […]

  • UMaine Hosts Summit on Floating Offshore Wind

    15 October 2015

    On October 1 and 2, 2015, the University of Maine hosted the inaugural “Matthew R. Simmons Memorial Summit: A Technology Roadmap for Floating Offshore Wind.” The summit gathered information from various perspectives of platform designers, researchers, turbine OEMs, permitting agencies, and developers with the goal of producing a roadmap that advances the floating offshore wind. […]

  • Harland and Wolff

    28 June 2013

    Harland and Wolff Heavy Industries Ltd. in Belfast, a Fred. Olsen related company specialising in shipbuilding and offshore construction, recently completed a contract to build the world’s first commercial offshore suction Bucket Foundations. Three Bucket Foundations have left the Harland and Wolff fabrication yard in the past months on board the Fred. Olsen Windcarrier vessel […]

  • Gamesa to Make Decision on Multi-million Pound Factory (UK)

    22 November 2011
    Business & Finance

    BOSSES at a Spanish offshore firm are poised to make an announcement over a multi-million pound factory which could bring 1,000 jobs to Hartlepool. Madrid-based Gamesa will choose either Hartlepool or Dundee to build a UK base to construct wind turbines, and with all other contenders ruled out it is now a two-horse race between […]

  • Ørsted Wins 1.1GW New Jersey Offshore Wind Solicitation

    24 June 2019
    Authorities, Contracts & Tenders

    The New Jersey Board of Public Utilities (NJBPU) has selected the Ocean Wind project proposed by Ørsted with support from Public Service Enterprise Group (PSEG) to negotiate a 20-year offshore wind renewable energy credit (OREC) for an offshore wind farm with a capacity of 1,100MW. Located off the coast of Atlantic City, Ocean Wind will […]

  • UK: World’s Largest Wind Turbine Construction Complete

    22 October 2013

    The world’s largest and most powerful offshore wind turbine is now standing at Energy Park Fife. The Samsung Heavy Industries prototype offshore turbine is due to become operational later this year. The structure is situated 50 metres offshore in the Firth of Forth and the tip of its blades stretch 196 metres above the sea. […]

  • Siemens Installs BorWin2 Offshore Platform

    29 April 2014
    Grid Connection

    Siemens has installed the BorWin2 offshore platform in the North Sea northwest of the island of Borkum. This marks Siemens’ achievement of the second crucial milestone in the German grid connection projects under contract with the German-Dutch network operator TenneT. Siemens had already erected its first converter platform for the HelWin1 connection off Heligoland in the […]

  • German Offshore Wind Supply Chain Focus of Seminar in Grimsby, UK

    6 November 2012
    Training & Education

    Shortages in key areas of the German offshore wind supply chain will be the focus of a high profile seminar in Grimsby later this month. The German offshore wind market is set to grow from a current 200MW to 25,000MW in 2030, with forecasts of installed offshore output of between 7,000MW and 12,000MW by 2020. […]

  • New Initiative by Sirris Builds Strategic Bridge Between Research and Business (Belgium)

    27 January 2012

    On 24th January, Sirris launched its fourth Application Lab, the Offshore Wind Infrastructure Application Lab (OWI-Lab), in the Port of Antwerp in the presence of more than 100 wind industry representatives. This lab will make state of the art measuring and test equipment available to businesses and start innovation projects in cooperation with these companies […]

  • UK: EMEC Celebrates Its 10th Birthday

    23 May 2013

    The European Marine Energy Centre – the world’s first and only test centre for wave and tidal energy devices – celebrates its tenth anniversary this month, with the pioneering Orkney based facility planning a host of events to mark its milestone year. The centre, which started off with just four wave test berths at Billia […]

  • Germany: Siemens Implements Modular Power Electronics for Feeding Power into Grid

    8 August 2013
    Grid Connection, R&D, Technology

    Together with the Technical University of Dresden and the University of the Federal Armed Forces in Munich, Siemens has carried out research work into a highly efficient and robust medium-voltage converter for feeding electrical energy into power supply grids. The insights gained were successfully implemented within the scope of the research project funded by Germany‘s […]

  • UK: Xodus Invests GBP 100,000 in Offshore Wind Environmental Research

    13 June 2012
    R&D

    International energy consultancy Xodus Group has invested £100,000 in ground-breaking research which will provide a vital industry insight to the interaction of renewables with the marine environment as offshore wind developments scale up in the UK and around the world. James Monnington has been brought on board as an environmental consultant and will complete his […]

  • EWEA: Rising Energy Dependency Endangers Europe’s Economy (Belgium)

    27 May 2013
    Authorities

    The issue of energy may have been overshadowed by that of tax at yesterday’s EU summit of Heads of State in Brussels, but its growing importance and impact on Europe’s economy is one that cannot be ignored. Written by Zoë Casey, EWEA (Additional reporting by Chris Rose) As the Financial Times reported on Tuesday, Europeans […]

  • UK: DECC Congratulates OSBIT Power on Success

    13 July 2012
    Authorities, Operations & Maintenance, Technology

    Within a one month period OSBIT Power (OP) has received orders for their MaXccess wind turbine access system from both Siemens and Scira Offshore Energy (Scira is a joint venture between Statoil and Statkraft and owns the Sheringham Shoal offshore wind farm), positive feedback from E.ON following trials, and a message of congratulations from the […]

  • The Netherlands: Ballast Nedam Narrowly Achieves Operating Profit in First Half

    12 July 2013
    Business & Finance

    Ballast Nedam today released its financial results for the first half of 2013. Operating profit of € 1 million (1st half of 2012: € 4 million) Profit for the period: loss of € 3 million (1st half-year 2012: break-even) Revenue 14% lower at € 496 million (1st half of 2012: € 575 million) Order book […]