Search results for: funds

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  • 25 June 2014
    Business & Finance

    Despite not winning federal government grant, a Cleveland-based non-profit group which plans to build a wind farm in Lake Erie is keen on advancing with the project. Although Lake Erie Energy Development Corporation (LEEDCo) did not qualify for the USD 47 million grant, the Department of Energy (DOE) gave LEEDCo USD 3 million to complete […]

  • 8 May 2014
    Business & Finance

    Dominion Virginia Power has been awarded an additional $47 million from the United States Department of Energy (DOE) to help fund the construction of a 12-megawatt demonstration project, consisting of two 6-megawatt offshore wind turbines on innovative substructures that will produce enough electricity to power up to 3,000 homes. “This was a highly competitive process […]

  • 13 March 2015
    Authorities, Business & Finance, R&D, Technology

    The Netherlands Enterprise Agency (RVO) has announced that on April 1, 2015, a new tender for the Demonstration of Energy Innovation (DEI) will be open. With DEI, applicants have the chance to get funding for demonstrations (investment projects) of products, processes or services. The funding is available for projects in which innovative technologies are applied to save […]

  • 13 November 2018
    Business & Finance, R&D, Technology

    The European Union has awarded a EUR 1.4 million research grant to the GODESS (Global Optimal DEsign of Support Structures) project aimed at optimizing the design of offshore wind turbines.

  • 3 June 2015
    Business & Finance

    wpd AG and its financing banks yesterday signed financing contracts in Frankfurt for the Nordergründe offshore project. According to these contracts, the loans will be provided by KfW IPEX-Bank and the European Investment Bank (EIB) while 100% of the equity will come from wpd offshore GmbH. This means that the finance for the entire investment […]

  • 24 February 2016
    Business & Finance, Environment, Training & Education, Wind Farm Update

    The Sheringham Shoal Community Fund has awarded a grant of GBP 7,000 to the Energy Rescuers project which is running educational children’s workshops in 35 North Norfolk schools. During these workshops, Key stages 1 and 2 children, aged between 5 and 11, are learning about the importance of saving energy and the ecological benefits of renewable […]

  • 2 July 2015
    Business & Finance

    With 19 financial investors, Copenhagen Infrastructure Partners (CIP) has established a new investment fund, Copenhagen Infrastructure II K/S, which amounts to approximately DKK 14.7 bn (EUR ~2bn). The fund’s focus will be on investments in energy infrastructure, primarily renewable energy, in Northern and Western Europe as well as North America. Christian T. Skakkebæk, Senior Partner in Copenhagen […]

  • 5 December 2017
    Business & Finance

    Foresight Group, an independent infrastructure and private equity asset manager, has launched the FP Foresight UK Infrastructure Income Fund, which will invest in UK-listed renewable energy and infrastructure fund / investment company equities and bonds, targeting an annual income of 5% per annum with dividends paid quarterly.

  • 28 September 2015

    Marine energy company Minesto, recently given a €13 million investment from the European Regional Development Fund through the Welsh Government, has announced that it received an additional €3.5 million from KIC InnoEnergy. The funding is part of the overall development of the company. The collaboration was initiated in 2014 and has led to the largest single investment […]

  • 10 December 2014
    Business & Finance

    The Aerogenerator Project is the latest company to be awarded funding from the Supply Chain Innovation for Offshore Renewable Energy (SCORE) programme. The Aerogenerator Project, which is developing next generation 10MW+ wind turbine technology, has been awarded a £45,000 grant to assist in the development and commercialisation of a spin out technology “Smart Structural Health […]

  • 17 February 2015
    Training & Education

    The Humber Local Enterprise Partnership (LEP) is offering a “win-win” for businesses and graduates based in the Humber area, which covers North Lincolnshire, North East Lincolnshire, East Riding of Yorkshire and Hull City Councils. The Graduate Advancement Programme is encouraging local businesses to create a 12- week internship opportunity for a graduate who is unemployed […]

  • 6 June 2018
    Business & Finance

    Vattenfall is currently working on setting up the GBP 150,000-per-year scheme as part of its European Offshore Wind Deployment Centre (EOWDC) community fund, with the first call for funding proposals expected this autumn.

  • 14 January 2019
    Business & Finance

    Vattenfall has started accepting applications for the community benefit scheme that is part of its European Offshore Wind Deployment Centre (EOWDC) community fund. Vattenfall is committed to annually investing GBP 150,000 in the community benefit scheme for the 20-year lifetime of the 93.2MW offshore wind project in Scotland. The fund is accepting applications from today, 14 January, […]

  • 21 April 2016
    Business & Finance, Wind Farm Update

    RWE Innogy UK has invited local Welsh community groups to apply for grants from the Rhyl Flats Offshore Wind Farm Community Fund. The fund has been set up to support community organisations and voluntary groups based in Rhyl and the following wards in Conwy: Pensarn, Colwyn, Eirias, Gele, Glyn, Kinmel Bay, Llanddulas, Llandrillo yn Rhos, […]

  • 3 July 2015

    The Government of Canada has announced an investment of $65,000, through the Atlantic Canada Opportunities Agency’s (ACOA) Innovative Communities Fund (ICF), in support of a new geographic information system (GIS) mapping platform for Bay of Fundy. This online tidal energy atlas will be used to understanding how to harness masive tidal energy poteintial in a sustainable manner and […]

  • 26 April 2018
    Business & Finance, Operations & Maintenance

    France’s Ideol has secured EUR 15 million funding from energy investor Kerogen Capital in order to accelerate the commercialization of its floating foundation solution in key geographies.

  • 14 July 2017
    Business & Finance

    Copenhagen Infrastructure Partners’ new fund Copenhagen Infrastructure III had its third close on Thursday, 13 July with total commitments reaching EUR 1.9 billion, after 4 months of fundraising.

  • 1 April 2015

    E.ON has launched a Community Support Fund to benefit sustainable projects in the parishes that border the wind farm and is part of a broader Community Fund set to benefit local communities in the East Riding of Yorkshire and Grimsby. Local community groups, voluntary organisations and registered charities are invited to apply for funding of […]

  • 8 December 2014
    Business & Finance, R&D, Technology

    Blade Dynamics has announced the award of Process Technology Innovation Funding under the GROW:OffshoreWind program for a £1m Advanced Blade Tip development project, due for completion in Q2 2015. The performance of offshore wind turbine blades in their challenging operating environment is one of the critical issues in energy cost, reliability and safety. Costs associated […]

  • 27 March 2015
    Business & Finance, Technology

    An innovative community renewables project in Orkney has received £1.35m from the Scottish Government’s Local Energy Challenge Fund. Orkney Surf ‘n’ Turf will combine electricity from 2 tidal turbines and a wind turbine on Eday, which often produce more power than can be used in the area. The excess electricity will be used to produce […]

  • 22 April 2015
    Business & Finance

    Rapid Holding GmbH, owned by Centerbridge Partners, plans to issue EUR 400 million in aggregate principal amount of senior secured notes to partially fund the acquisition of German wind turbine developer, Senvion. Net proceeds of the offering of the Notes, which are due in 2020, will be used together with equity contributions from Centerbridge affiliates […]

  • 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.

  • 7 October 2011
    Authorities, Business & Finance

    £11 million of Government matched funding, awarded following the first round of bids to the Growth and Innovation Fund (GIF), will enablel… Read more at 7thspace. [mappress] Source: 7thspace, October 07, 2011

  • 24 July 2015
    R&D, Technology

    Following the completion of the initial phase, SeeByte, ASV and the Marine Biological Association of the United Kingdom have been awarded funding to carry out phase two of the Adaptive Autonomous Ocean Sampling Networks (AAOSN) SBRI call. The aim of the project is to reduce the complexity and frequency of operator input when supervising large […]

  • 8 December 2014
    Business & Finance

    Kassel-based enercast GmbH, provider power forecasts for wind farms and solar energy plants, has secured the financing of its rapid expansion. Under the leadership of Innogy Venture Capital, the investors made additional capital commitments in the low single-digit million euro range. The reliable and precise forecasts facilitate the feeding of intermittent electricity production from renewable […]

  • 22 August 2019
    Business & Finance, Wind Farm Update

    Equinor has secured funding of up to NOK 2.3 billion (circa EUR 231.5 million) from Enova for the Hywind Tampen floating wind project in Norway. “The support that the licences have received for the Hywind Tampen project demonstrates the will of Norwegian authorities to invest in and develop floating offshore wind farms and renewable energy […]