Search results for: GBP

2011 results

A list of search results

  • 28 August 2017
    Business & Finance, R&D, Wind Farm Update

    The 450MW Neart Na Gaoithe offshore wind project is estimated to add GBP 827.4 million to Scotland’s GDP during its lifetime, according to an analysis carried out by the Fraser of Allander Institute (FAI) at the University of Strathclyde.

  • 21 July 2017
    Business & Finance

    New research into the benefits of the Beatrice offshore wind farm shows the social and economic impact the project is expected to deliver.

  • 4 February 2019
    Business & Finance, Jobs & Recruitment

    Offshore wind provided 13,500 full-time equivalent jobs in the UK in 2017, a 20.5% increase compared to 11,200 in 2016, according to the Office for National Statistics. Based on the estimates, there were 9,900 jobs in England in 2017, which represents 2,300 more than the 7,600 estimated in 2016. Scotland saw 3,400 jobs provided by […]

  • 12 January 2017
    Authorities, Business & Finance, R&D, Technology

    Innovate UK will launch a new innovation competition that will also allow entries from offshore wind on 16 January. UK businesses can apply for a share of up to GBP 15 million to develop innovative solutions to challenges in infrastructure systems. There are 4 priority areas: ‘smart’ infrastructure energy systems (including nuclear fission and offshore […]

  • 23 November 2018
    Business & Finance, Training & Education

    Ørsted has named the winners of the second round of its annual GBP 75,000 East Coast Skills Fund, part of the company’s GBP 465,000 East Coast Community Fund 20-year annual commitment and community engagement programme for Hornsea Project One and Race Bank offshore wind farms.

  • 16 December 2016
    Wind Farm Update

    SSE has opened the first round of the Partnership Fund for the Beatrice Offshore Wind Farm (BOWL), making GBP 600,000 available to support transformative community projects in both Highland and Moray in the first year. The Beatrice Partnership Fund, worth a total of GBP 3 million over a five-year period, is now inviting applications from […]

  • 7 July 2017
    Business & Finance, Training & Education

    DONG Energy has announced plans for a new GBP 75,000 Skills Fund as part of the company’s annual GBP 465,000 UK East Coast Community Fund.

  • 1 June 2017
    Business & Finance, Wind Farm Update

    Beatrice Offshore Wind Farm Ltd (BOWL) has completed the first round of awards to support transformational projects across the north of Scotland from the GBP 6 million Beatrice Community Fund.

  • 24 January 2017
    Authorities, Business & Finance, Grid Connection

    The European Investment Bank (EIB) invested almost GBP 1.2 billion in renewable energy projects in the UK throughout 2016. New EIB support for renewable energy related investment it the UK last year included GBP 500 million for a GBP 1.2 billion Caithness Moray transmission network project to reinforce electricity transmission in northern Scotland and improve connections between […]

  • 13 April 2016
    Business & Finance, Wind Farm Update

    RWE Innogy UK has started the next round of the North Hoyle Offshore Wind Farm Community Fund, awarding nine local groups and charities with grants totalling over GBP 20,000. The North Hoyle Community Fund will invest over GBP 1.5 million into local community activities and projects over the lifetime of the wind farm. The fund benefits the communities […]

  • 16 July 2018
    Business & Finance

    Ørsted has opened the second round of its East Coast Skills Fund for applications, with GBP 55,000 available for experienced organisations that can develop and deliver Science, Technology, Engineering and Maths (STEM)- related training or education courses, a one-off event, or a programme of targeted events.

  • 4 November 2013
    Business & Finance, Wind Farm Update

    UK Ministers are due to confirm final levels of offshore wind subsidies in December, and the developer of Race Bank offshore wind project, Centrica, says that if the subsidies are not increased, the project will be out of the picture, the Telegraph finds out. Under the proposed levels of subsidies, offshore wind farms that become […]

  • 21 November 2018
    Authorities, Business & Finance

    The UK Department for Business, Energy and Industrial Strategy (BEIS) has issued a draft budget notice amounting to GBP 60 million for the third Contracts for Difference (CfD) round.

  • 11 July 2016
    Business & Finance, R&D

    DONG Energy, RWE, E.ON, Iberdrola, Vattenfall, Statoil, SSE, EnBW and Statkraft have joined Carbon Trust’s Offshore Wind Accelerator (OWA) programme, bringing in GBP 6.4 million (approx. EUR 7.5 million) to help reduce the cost of offshore wind power below GBP 100/MWh by 2020. The fund of EUR 7.5 million that the companies will jointly invest in […]

  • 8 November 2017
    Business & Finance

    Rampion Offshore Wind Ltd. is launching a GBP 4 million Rampion offshore wind farm community fund which is set to benefit communities across Sussex in South East England.

  • 1 July 2014
    Authorities, Business & Finance

    German engineering giant, Siemens, submitted detailed planning applications for a turbine production and installation plant in Hull to the city council. The plan comprises two sites which include the Green Port Hull project construction, assembly and service facility and a new rotor blade manufacturing facility in nearby Paull, in East Riding. This follows a recent […]

  • 11 December 2017
    Business & Finance, Environment, R&D, Technology

    Ørsted has announced the winners of the first round of its new GBP 75,000 Skills Fund, a part of the company’s GBP 465,000 East Coast Community Fund.

  • 1 February 2018
    Business & Finance, Operations & Maintenance

    Offshore renewable energy sector in Europe – including offshore wind, wave and tidal energy industries – could create up to GBP 72 billion of supply chain opportunities in anti-corrosion solutions and the development of new materials by 2050.

  • 19 April 2017
    Business & Finance, R&D

    On 24 April, the Innovate UK Energy Catalyst competition will open, making available up to GBP 13 million for highly innovative, market-focused energy solutions in any technology or sector or international market.

  • 25 April 2019
    Business & Finance

    Ørsted has opened the third round of its East Coast Skills Fund for applications, with GBP 55,000 available for coastal areas of Yorkshire, Lincolnshire and North Norfolk. The grants will be available to organizations that can develop and deliver Science, Technology, Engineering and Maths (STEM) related training or education courses, a one-off event, or a program of […]

  • 20 February 2014
    Business & Finance

    Centrica’s preliminary 2013 results have shown a loss of GBP 6 million on the disposal of the Race Bank offshore wind farm. The company decided to sell the wind farm in December after failing to receive a letter of eligibility for transitional Feed in Tariff. This was followed by Dong Energy’s acquisition of 100% interest […]

  • 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 […]

  • 31 July 2014
    Business & Finance

    Centrica reported a profit drop of 31% to GBP 530 million for the first half of 2014 mostly due to loss of GBP 70 million in its gas-fired division. Mild weather in the UK and the Polar Vortex in North America also contributed to this result. Revenues rose 15% to GBP 15.7 billion while operating […]

  • 25 April 2018
    Business & Finance

    Rampion Offshore Wind Ltd. and the Sussex Community Foundation have distributed the first grants from the GBP 3.1 million Rampion offshore wind farm community fund set up last year to benefit communities across Sussex, UK.

  • 13 December 2018
    Business & Finance, Wind Farm Update

    Equinor, Masdar and China Resources Group, the owners of the Dudgeon wind farm, have signed a hybrid refinancing of GBP 1.4 billion (EUR 1.55 billion).

  • 12 May 2017
    Business & Finance

    Investment in renewable energy rose from GBP 3.1 billion to a record GBP 6.6 billion in 2016, with offshore wind representing the bulk of the investment value according to data gathered for UK law firm TLT’s Renewable Energy Finance report with industry analysts Clean Energy Pipeline (CEP).