Search results for: Cashes

17 results

A list of search results

15 November 2016 Business & Finance, Operations & Maintenance

German wind turbine manufacturer Senvion more than tripled its revenue from the sale of offshore wind turbines in the third quarter of 2016, which the company attributed to progress on the Nordsee One and the Nordergründe offshore wind projects. Offshore wind turbines brought Senvion EUR 88.3 million in revenue in the third quarter of 2016, a […]

17 August 2015 Business & Finance, Technology

Wave energy developer Eco Wave Power has closed the first round of fundraising led by Pirveli Ventures, the company has reported. Following the investment, a representative of the investment fund will join Eco Wave Power’s board of directors. This follows the announcement made last month that a “Second Generation” power station has been successfully deployed […]

16 March 2015 Business & Finance

Blackbird International Corporation (BBRD), the developer of sea wave energy technology, has received a line of credit from The Mercantile Discount Bank in Israel in order to cover the financial needs of WERPO for 2-3 years. Mr. Shmuel Ovadia, Director and inventor of BBRD’s technology stated, “This injection of funds into the company will allow […]

29 January 2015 Business & Finance, R&D

Australian wave energy developer, Carnegie Wave Energy Limited, received a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $3.9 million. The R&D Tax Incentive is a market driven program accessible to all industry sectors. It provides a targeted tax offset to encourage more companies to engage in research and development. Carnegie […]

16 September 2014 Business & Finance

AW-Energy, the developer of world-leading wave energy technology, WaveRoller®, advances the further commercialization of its technology with the securing of EUR 14.8 million in funding provided by the Finnish Funding Agency for Technology, Tekes and the European Union. This funding will permit AW-Energy to leverage the experience and results from its pilot wave energy power […]

6 August 2014 Business & Finance

Wave energy developer Carnegie Wave Energy Limited has received $671,462 in two quarterly gold royalty payments related to Carnegie’s mining royalty held in the Higginsville Gold Operations. Carnegie has received two quarterly cash gold royalty payments of $372,466 and $298,996 related to royalty interests in mining activities in the Higginsville district for the period January […]

21 July 2014 Business & Finance, R&D, Technology

Hexicon Ltd has successfully completed a rights issue of 11.4 MSEK (EUR 1.23 million) to secure the development of Hexicon’s innovation for offshore wind at deep waters. The rights issue allows a faster and more robust implementation of the new strategy to develop floating platforms for offshore wind energy, and demonstrate its innovation by building […]

8 July 2014 Authorities, Business & Finance

Tidal blade test facility at National Composites Centre was awarded £1 million as part of £86 million of new Government money awarded to the West of England LEP to boost economic growth and create jobs. Located in Bristol & Bath Science Park, it will be the first of its kind as the industry is insufficient […]

30 June 2014 Business & Finance

Wave energy developer Carnegie Wave Energy Limited was award a new AUD 11m (EUR 7.6m) Australian Federal Government grant to support Carnegie’s next wave power project. The AUD 11 million grant will be received from the Australian Renewable Energy Agency’s Emerging Renewables Program. This is matched by the $20m five-year loan facility from the Clean Energy Finance Corporation […]

21 May 2014 Business & Finance

A Wirral specialist in seabed mapping and coastal surveys has clinched a finance package worth almost £5m to help it expand its services and take on additional staff. Osiris Hydrographic and Geophysical Projects, which is owned by Liverpool-headquartered conglomerate Bibby Line Group, has received £4.8m from Santander Corporate & Commercial. The business was founded in […]

6 May 2014 Business & Finance, Technology

Nenuphar SA, a Lille-based company, has secured €15 million of funding in an equity round. The transaction has attracted participation of new investors, Areva S.A. and FCPR Ecotechnologies and an existing investor, IDInvest Partners. Each partner will individually invest €5 million in the transaction. Nenuphar was founded in 2006 with the objective to design a […]

10 April 2014

Marine Current Turbines (MCT) hosted a visit by Edward Davey, UK Secretary of State for Energy and Climate Change to celebrate its success in receiving funding from the Regional Growth Fund (RGF) for research and development into innovative tidal technology. Mr Davey was in Bristol to announce the next round of RGF funding, which will provide a £18 million […]

8 April 2014 Business & Finance

Carnegie Wave Energy Limited completed the final pipeline milestone and a progress milestone for the CETO unit component of the Perth Wave Energy Project with the approval of $1,072,880 from the Western Australian State Government and $2,095,024 in payment claims submitted to the Australian Government. Carnegie’s milestone claims for $1,072,880 for completion of two milestones were approved by the […]

2 April 2014 Business & Finance

Victorian Wave Partners Pty. Ltd. (“VWP”), received approximately A$5.0 million in initial grant funding from the Australian Renewable Energy Agency (“ARENA”). VWP is a project-specific entity wholly-owned by Ocean Power Technologies (Australasia) Pty. Ltd. (OPTA), which is 88% owned by OPT.  The funding received represents the first payment under the A$66.5 million grant that was […]

31 March 2014 Authorities, Business & Finance

Wave energy developer Carnegie Wave Energy Limited  announced the completion of the final foundation milestone and a progress milestone for the onshore plant component of the Perth Wave Energy Project with the receipt of $ 0.7 million from the Western Australian State Government and $ 1,2 million in payment claims submitted to the Australian Government. Carnegie received […]

30 October 2018 Business & Finance

Vattenfall’s Wind division posted an underlying operating profit of SEK 1.9 billion (EUR 182.5 million) in the first nine months of 2018, a 153% increase compared to SEK 752 million reported for the same period in 2017. The increase was largely attributed to additional capacity, as well as positive price and currency effects. Vattenfall’s latest capacity […]

9 October 2014 Business & Finance

The Finnish company, AW Energy, announced it will invest EUR 25 million in wave energy project off Peniche coast. According to John Lilijelund, executive chairman of the company, the funds will be used for the construction, assembly and installation of 16 wave energy devices with total capacity of 5.6 megawatts. “The next step is to […]