Search results for: NKT Victoria

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  • 16 July 2012
    Authorities, Business & Finance

    The Federal Minister for Resources and Energy, Martin Ferguson AM MP, announced a $5.6 million grant for BioPower Systems’ $15 million bioWAVE Pilot Demonstration Project off the coast of Victoria. These funds add to the $5 million recently awarded to the project by the Victorian Government, confirming all funds required to complete the project are now […]

  • 10 November 2015

    BioPower Systems has completed the final preparation of the bioWAVE wave energy device. The unit is ready for installation offshore Victoria, Australia. It will be loaded onto the transport vessel, and moved to the deployment site near Port Fairy, the company wrote in a statement. The deployment is scheduled to occur in early December. The […]

  • 15 November 2012

    Australian wave and tidal energy developer, BioPower Systems, has completed the designs for its bioWAVE Pilot Demonstration Project off the coast of Victoria and will begin contracting for the project over the next few months. Local businesses and people will be contracted as much as possible, Tim Finnigan from BioPower Systems is cited by the ABC […]

  • 10 April 2020
    Environment, Jobs & Recruitment

    Australian division of the environmental network Friends of the Earth said building renewable energy could be key to post-COVID recovery effort.

  • 25 June 2013

    Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, today announced that Victorian Wave Partners Pty Ltd. (“VWP”) has engaged Victorian company Professional Diving Services (“PDS”) to conduct a detailed seabed survey for the location of VWP’s proposed 62.5MW peak rating wave power station. The wave power station is planned […]

  • 21 February 2019
    Authorities, Wind Farm Update

    Development of Australia’s first offshore wind farm, the 2GW Star of the South, has been stalled by Energy Minister Angus Taylor’s failure to sign off on an exploration license allowing a detailed assessment of the wind resource to commence, according to the Maritime Union of Australia (MUA). The Department of the Environment and Energy confirmed […]

  • 1 December 2011
    Authorities, Business & Finance

    Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O’Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied towards the $14 million pilot demonstration of the company’s 250kW bioWAVE ocean […]

  • 29 June 2015

    Ocean energy company, BioPower Systems (BPS), has completed the construction and onshore testing of a 250kW bioWAVE pilot demonstration unit.  The project is supported by an CAD 11 million grant from the Australian Renewable Energy Agency (ARENA), a CAD 5 million grant from the Victorian Government and CAD 5 million equity from BPS. The structure is scheduled for […]

  • 29 July 2014

    Cohen Milstein Sellers & Toll PLLC is expanding an ongoing investigation to determine whether Ocean Power Technologies, Inc. and certain of its officers and directors made false and misleading statements and/or omissions in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The investigation originally involved purchases of Ocean Power through […]

  • 26 May 2020
    Business & Finance, Environment, Wind Farm Update

    The Victorian Minister for Planning has decided that an Environment Effects Statement (EES) is required for Star of the South, the first offshore wind project in Australia. The Minister explains that the project has the potential for a range of significant effects on native vegetation, habitat of terrestrial and aquatic species, water environments, Aboriginal cultural […]

  • 9 April 2020
    Authorities, Wind Farm Update

    The developers of Australia’s first offshore wind farm have started environmental assessment process and referred the Star of the South project to state and federal planning and environment ministries.

  • 14 January 2014
    Authorities, Business & Finance, Technology

    Ocean Power Technologies, Inc. (OPT), today announced that Victorian Wave Partners Pty Ltd (VWP), its project-specific operating entity wholly-owned by Ocean Power Technologies, Australasia (OPTA), has signed an agreement with the Australian Renewable Energy Agency (ARENA). This agreement is a Deed of Variation to the original Funding Deed through which a A$66.5 million grant was […]

  • 3 June 2011

    Victoria’s AXYS Technologies is on the verge of massive growth that could mean increasing its staff and expanding into its recently built… By Andrew A. Duffy (timescolonist) [mappress] Source: timescolonist, June 03, 2011;

  • 15 November 2011
    Business & Finance

    NKT’s revenue development for 3rd quarter 2011 was in line with expectations. Earnings increased by 15%, positively influenced by satisfactory results for both Nilfisk-Advance and NKT Flexibles. For nkt cables, the factory in Cologne showed improved productivity but continued to impact earnings negatively. The net interest bearing debt decreased by 169 mDKK, corresponding to 5.0x […]

  • 25 October 2017
    Wind Farm Update

    Offshore Energy Pty Ltd (OEPL) has requested a permit from the Australian Government to conduct a feasibility study for a proposed offshore wind farm off the coast of south-eastern Victoria, which would have up to 250 turbines and a capacity of at least 2GW.

  • 21 November 2019
    R&D, Wind Farm Update

    Site investigations have commenced on the Star of the South offshore wind project in Australia. Two floating LiDARs and a wave buoy were deployed this week to collect data on the wind profile and conditions in the Bass Strait for what is to be Australia’s first offshore wind farm. The wind and wave monitoring equipment […]

  • 30 July 2014
    Business & Finance

    Ocean Power Technologies, Inc. released its financial results for its Fiscal 2014 fourth quarter and full-year ended April 30, 2014 (“fiscal 2014”). David L. Keller, Interim Chief Executive Officer of OPT, stated: “Over the last several months, we announced the termination of both the Reedsport, Oregon and Victoria Wave Partners projects. Additionally, we are deferring our […]

  • 5 April 2016
    Business & Finance, Grid Connection, Wind Farm Update

    NKT Cables has been awarded a contract by DONG Energy to deliver 170 kilometres of 220 kV high-voltage alternating current (AC) submarine export cable system for the 1.2GW Hornsea Project One offshore wind farm.  The wind farm will be placed 120 kilometres off the Yorkshire coast in the UK, and the cable system supplied by […]

  • 12 February 2014
    Business & Finance, Technology

    Lockheed Martin announced yesterday that it has signed a contract with Victorian Wave Partners Ltd. for the development of a 62.5MW peak power wave energy project off the coast of Victoria, Australia. The project will feature the PowerBuoy® wave energy converter technology developed by Ocean Power Technologies (OPT). The project is scheduled to be built […]

  • 15 October 2012

    Ocean energy company, BioPower Systems, has announced that it has formed a strategic alliance with the major Chinese industrial group, Shanghai Electric Power Generation Group. The alliance between the two companies is aimed at collaborating on technical developments to advance the bioWAVE ocean wave energy system to the commercial stage. Speaking at the All-Energy conference […]

  • 21 May 2012

    During a festive ceremony in Bremerhaven today, RWE Innogy is naming one of its two offshore installation vessels. The vessel “Victoria Mathias” will build the wind farm “Nordsee Ost” around 30 kilometres north of the island of Heligoland from its base port Bremerhaven. The wind power station with an installed output of 295 megawatts can […]

  • 25 November 2011

    From the 29th of November to the 1st of December nkt cables will show its capabilities within the area of Intelligent Energy Transmission Solution for On and Offshore at the biggest and worldwide most important wind energy fair, the “Offshore 2011 Amsterdam” On the stand in Hall 11 nkt cables presents turnkey transmission solutions with […]

  • 5 January 2015

    MPI Offshore has acquired wind turbine installation vessel (WTIV), Victoria Mathias, from RWE Innogy. Built in 2011 the vessels is designed to transport, lift and install wind turbines and their foundations. Key features include a 1,000-tonne-capacity main crane, a maximum operating depth of 45 metres and the ability to jack with 4,350 tonnes of cargo […]

  • 4 September 2018
    Authorities, Business & Finance

    Friends of the Earth Australia is calling on Energy Minister Angus Taylor to support the country’s first offshore wind project, the proposed Star of the South in Victoria, as it has been detained by the federal Coalition government.

  • 12 July 2013
    Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) has announced financial results for its fiscal 2013 fourth quarter and the full year ended April 30, 2013. Some of the highlights from the report are: – Ocean Power Technologies reported a net decrease in cash and investments of $11.4 million for the twelve months ended April […]

  • 27 November 2019
    Environment, Wind Farm Update

    California-headquartered infrastructure firm AECOM has signed a contract with Star of the South to support the planning assessment and approvals process for the 2GW Star of the South offshore wind project in Australia. AECOM will assist the developer in understanding and mitigating any potential impacts the project might have on the environment and the communities […]