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15 July 2015 Business & Finance

Navitus Bay has announced the creation of £8.6 million (€12.1 million) in funding for skills and supply chain engagement as part of its commitment to maximise the benefits felt across the South Coast from the proposed offshore wind park. The funding is part of the s.106 Agreement, negotiated with the local authorities within the project area […]

10 July 2014 R&D

An engineering design study for the Energy Technologies Institute (ETI) by The Glosten Associates, using their innovative tension leg floating platform (TLP) for Offshore Wind demonstrator has shown that UK offshore wind energy costs could fall to below £85/MWh by the mid-2020s, with further reductions possible as the technology matures. The floating platform is designed […]

28 May 2010 Business & Finance

OFFSHORE wind developments could gain investment of nearly £8 billion for Argyll, an industry gathering will hear today.Jim Mather, the… [mappress] Source: scotsman, May 28, 2010;

25 April 2010 Business & Finance, Jobs & Recruitment

Hundreds of jobs are to be created under an £80 million investment in a new wind turbine facility, it has been announced.German… [mappress] Source: peterboroughtoday, April 25, 2010;

19 January 2018 Authorities, Business & Finance

RenewableUK’s Executive Director Emma Pinchbeck has made a case for wind, wave and tidal energy to the UK Department for Business, Energy and Industrial Strategy’s (BEIS) Select Committee, which is now considering the findings of Professor Dieter Helm’s Cost of Energy Review.

7 November 2017 Authorities, Business & Finance, Wind Farm Update

The Supreme Court in London has rejected RSPB Scotland’s application for leave to appeal the decision by the Inner House of the Court of Session on its Firths of Forth and Tay offshore wind farm judicial review.

12 July 2017 Business & Finance

ScottishPower has officially opened its new headquarters in Glasgow in the presence of Scotland’s First Minister, Nicola Sturgeon.

17 August 2016 Business & Finance

Following UK Government’s decision to re-examine EDF’s Hinkley Point C nuclear power project, offshore wind has emerged as a potentially better solution for the country than nuclear power.  Namely, after the board of EDF approved Hinkley Point C, which would be built together with China General Nuclear (CGN), and was ready to enter into an agreement with […]

27 July 2016 Authorities, Business & Finance

UK offshore wind projects attracted around three quarters of all investments in Europe’s offshore wind capacity in the first six months of 2016, data released by WindEurope shows. UK-based projects which reached Final Investment Decision (FID) in the first half of 2016 carry a price tag of EUR 10.37 billion (GBP 8.7 billion) and have […]

27 June 2016 Technology

A new design of floating turbine has been demonstrated as the collaboration behind it says it is nearing readiness for a full commercial test. The TLPWIND project, led by Iberdrola Engineering & Construction (IEC) with project partners the Offshore Renewable Energy (ORE) Catapult and the University of Strathclyde, saw the development of a Tension Leg Platform (TLP) […]

16 March 2016 Authorities, Business & Finance

UK Chancellor George Osborne today announced the Budget 2016, setting aside up to £730 million (approx. €929 million) for the support of offshore wind and other less established renewable technologies for projects generating electricity in 2021 to 2026. The Contracts for Difference (CfD) auction will back up to 4GW of offshore wind and other less established renewables technologies, with […]

18 February 2016

UK consumers could save more than £2 billion if the Government’s planned renewable energy auctions are opened up to include a wider mix of technologies, according to a report published by Drax on 16 February. Drax, an electricity production and sales company also focused on biomass, informed that it commissioned NERA Economic Consulting and Imperial College […]

3 February 2016 Business & Finance

Global Marine Systems Limited has acquired a majority interest in CWind Limited.  CWind has supported the construction and operation of over 26 wind farms in the North Sea, Irish Sea and the Baltic. In 2014, the company opened an office based in Bremen, Germany. Ian Douglas, CEO of Global Marine, said: “I strongly believe the acquisition of CWind […]

24 November 2015 Business & Finance, Operations & Maintenance, R&D, Technology, Training & Education

Companies hoping to win contracts in the GBP 25 billion UK offshore wind farm investment must be innovative and cut their costs to be part of it, over 250 supply chain representatives heard during an event to celebrate Offshore Wind Week held in Lowestoft. Businesses supplying services, products and skills to help meet the target of […]

12 November 2015

A £2.5 million complex of offices and warehouses aiming to house offshore wind businesses has opened in Birkenhead, Wirral.  Called the Lightbox, the site has been developed by Capital and Centric Plc, and funded with £895,000 from Wirral Council after they secured £5 million from the Government’s Regional Growth Fund for resources to support the local development of […]

26 October 2015 Authorities, Business & Finance, R&D, Technology

Marine Power Systems (MPS), which plans to test its WaveSub device in the Haven Waterway Enterprise Zone, has received GBP 2 million of EU funds, Welsh Finance and Government Business Minister, Jane Hutt, announced last week. The GBP 3 million project, which includes a GBP 900,000 investment from MPS, covers manufacturing and testing of a 1:4 scale prototype of the WaveSub […]

21 October 2015 R&D

Floating offshore wind has the potential to deliver cost effective, secure and safe low carbon energy for the UK from the mid 2020s according to the latest insights report published by the Energy Technologies Institute (ETI). With continued technology and supply chain development there is a clear and credible route to delivering commercial offshore wind […]

13 October 2015 Business & Finance

UK Green Investment Bank Financial Services Limited (GIBFS) has announced that it executed a Second Close on new commitments of £355m for the Offshore Wind Fund, bringing total committed capital to £818m and nearing its £1bn target. This makes the GIBFS-managed fund the largest renewable energy fund in the UK. Second close investors include Swedish […]

8 September 2015

Westermost Rough offshore wind farm has committed £80,000 to deliver a brand new promenade feature for Withernsea in the East Riding of Yorkshire. Westermost Rough is teaming up with the Withernsea and South East Holderness Regeneration Partnership and Withernsea Big Local Partnership to install a pavement fountain with amphitheatre style seating on the Central Promenade. […]

3 September 2015

Precision Drilling has won a raft of new construction and demolition jobs stemming from increased offshore wind and green energy related contracts. The Hull-based specialist contractor has recently invested £100,000 in new equipment, machinery, vehicles and business development. Ian Wilkinson, managing director, said: “Since purchasing Precision Drilling in 2013, we have invested more than a […]

30 June 2015

RenewableUK has welcomed the new report commissioned by the Committee on Climate Change which shows the cost of offshore wind energy will drop dramatically by the end of the decade, with further significant cost reductions in the 2020s. The study, “Approaches to cost reduction in offshore wind” by BVG Associates for the CCC, says there is […]

30 June 2015 Authorities, Business & Finance, R&D

BVG Associates has published the first quantitative study of the effect of the UK Government’s policy on cost of energy from offshore wind during the 2020s. The study was commissioned by the Committee on Climate Change (CCC).  The study considers the effect of a range of policy drivers in the context of a predominantly pan-European market. It […]

25 June 2015

A new Carbon Trust report, launched yesterday by Minister for Energy Fergus Ewing MSP at Global Offshore Wind 2015 conference, sets out the current state of the floating wind industry and identifies key technical barriers that need to be addressed to make it a commercial reality. The study, commissioned by the Scottish Government, is the most […]

25 May 2015 Authorities, Business & Finance, R&D, Technology

On Friday, 22 May, the Cornwall & Isles of Scilly Local Enterprise Partnership (C&IoS LEP), Cornwall Council and the Council of the Isles of Scilly jointly launched their Marine Renewable Energy (MRE) Roadmap, which sets out how the public and private sector can work together to deliver the next steps towards the commercialisation of offshore […]

4 May 2015 Technology

Space-based radar technology could be harnessed by the renewable energy sector to drive down costs, according to academics at the University of Strathclyde. The SAR (Synthetic Aperture Radar) technology is currently used to help protect and manage marine environments, to detect illegal logging in tropical forests, and to aid disaster relief efforts. However, its use […]

23 April 2015 Business & Finance

Asset consultants at Lambert Smith Hampton (LSH), have been appointed to sell a major subsea asset formerly operated by Reef Subsea UK Ltd, currently in administration. An SMD Heavy Duty Inter Array Flexibles Plough, that has a multi-depth capacity of up to 2.4 metres burial, can handle power cables and flexibles up to 200mm diameter, was delivered in […]