Search results for: investment

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  • 4 July 2019
    Business & Finance

    Northern Offshore Group is making a strategic investment in the UK-based CPower Energy with an aim to broaden its activities in the offshore wind industry. According to Northern Offshore, the owners have followed CPower during its first couple of years in the business and saw the acquisition as part of a long-term growth strategy across various segments […]

  • 24 July 2014
    Authorities, Business & Finance

    On 22 July 2014, the Government department for UK Trade and Investment (UKTI) and HM Treasury jointly published a guide detailing opportunities to invest in UK Infrastructure (Investment Guide). Highlights include potential investment opportunities/case studies in respect of renewable energy projects within the offshore wind, onshore wind and biomass sectors. For example, the Investment Guide […]

  • 4 December 2015
    Business & Finance, Environment

    RWE plans to triple annual investments in renewable energy, mainly wind and solar, the German utility’s Chief Executive Officer Peter Terium said in an interview with Reuters. The plan could see the company investing up to EUR 1 billion in renewables annually, Terium said. Portions of new investments will be set aside for offshore wind, […]

  • 22 April 2014
    Business & Finance

    Narec has given three youngsters a head start with their careers in the renewable energy sector by recruiting them as apprentices with the help of Northumberland College. Narec, The National Renewable Energy Centre, which is home to world-leading research and testing facilities for the sale-up of offshore renewable energy and marine technologies, has recruited three […]

  • 26 January 2012

    Windstream Energy has announced its decision to invest in Kingston, home to Ontario’s first contracted offshore wind power project. At a press conference yesterday organized by the Lake Ontario Offshore Network (LOON), Windstream announced preliminary agreements with Anchor Concrete Products Ltd., George A. Wright & Son Ltd. and M. Sullivan & Son Ltd. for its […]

  • 22 September 2011
    Grid Connection

    Up to 280 wind farms are expected to be built in the North Sea over the next 20 years, to replace closing coal-fired power stations and keep… By Louise Gray (telegraph) [mappress] Source: telegraph, September 22, 2011

  • 2 November 2011

      ENERGY giants have been warned to rethink investing in Scotland after a leading finance group raised fears over independence and its impact… By Tim Sharp, Kate Devlin and Michael Settle (heraldscotland) [mappress] Source: heraldscotland, November 02, 2011;

  • 24 June 2014
    Authorities, Business & Finance

    The Crown Estate has welcomed today’s announcement by the Green Investment Bank to raise a £1 billion fund to encourage new private investors to invest in offshore wind farms in the UK.  Huub den Rooijen, Head of Offshore Wind at The Crown Estate said: “The UK continues to be the most attractive place to invest […]

  • 9 February 2015

    Statkraft, a Norwegian state-owned electricity company, reported lower fourth quarter EBITDA of NOK 3486 million (EUR 404 million) compared to the last year’s NOK 3843 million (EUR 445 million). Substantial currency effects resulted in a net loss of NOK 3097 million (EUR 359 million) for this period. “In a quarter where the market was still […]

  • 8 December 2014
    Business & Finance

    Parcom Capital and the management team of Barge Master announced today that agreement has been reached on the participation of Parcom Capital as majority shareholder and investor in Barge Master Holding B.V. Barge Master is active in the field of motion compensation technology for the maritime and offshore industry, compensating movements of vessels from waves […]

  • 21 September 2012

    Finance Secretary John Swinney has announced a Green Economy and Skills investment package, including £30 million for energy efficiency and low carbon schemes, and the creation of an Energy Skills Academy. The package will deliver a new employer recruitment initiative which will create up to 10,000 opportunities for small and medium enterprises to recruit young […]

  • 11 July 2019

    The first half of 2019 saw a 14% decrease in global renewable energy investment compared to H1 2018, according to the latest report from BloombergNEF (BNEF). The H1 2019 global investment in renewables amounted to USD 117.6 billion, said to be mainly caused by the plunge in activity in China as it shifts away from government-set tariffs to […]

  • 6 May 2014
    Business & Finance

    One of Canada’s leading financial institutions has joined the international partnership behind London Array. La Caisse de dépôt et placement du Québec (La Caisse) has taken a 25 per cent share in the offshore wind farm after buying half of DONG Energy’s 50 per cent holding. The other shareholders are E.ON (30 per cent) and […]

  • 22 March 2012
    Authorities, Business & Finance

    South Korea is going to invest around 1 billion US dollars into research and development of energy industry, reports Xinhuanet The ministry planned to give support to several sectors such as solar power, offshore wind power, fuel cell and solar photovoltaic cell sector, to help them expand in overseas markets. It is also planned to […]

  • 3 December 2010
    Business & Finance

    Windpower Intelligence, the specialist research division of Windpower Monthly is launching a new market study for the wind power industry in China. China is now one of the world’s fastest growing markets for wind power and is on course to become the biggest of all. This extensive investment report provides reliable, robust estimates of likely […]

  • 18 June 2014

    The Danish company DMC/Drechsler Marine consult has invested in a BlueView sonar to one of their underwater robots which gives even better search options. The sonar is a high performance 2D imaging sonar specially engineered for underwater tasks. It operates while in motion delivering real-time imagery and data – it has really quick updates which […]

  • 24 June 2014
    Authorities, Business & Finance

    Ignacio Galán, chairman of IBERDROLA and ScottishPower, today told the UK Energy and Climate Change Secretary Ed Davey in London that the company’s ambitious investment programme in the UK will help ensure security of energy supply and was optimistic on bringing its major offshore wind programme to fruition. Secretary of State Davey was visiting IBERDROLA’s […]

  • 27 May 2020
    Business & Finance, Technology

    Principle Power has secured an investment of over USD 22 million from Tokyo Gas to fund the company’s growth strategy and the continued commercialization of its floating wind technology. In addition, the accompanying Cooperation Agreement signed by Principle Power and Tokyo Gas sets a foundation for creating commercial-scale deployment opportunities for Principle Power’s WindFloat® technology […]

  • 2 April 2020
    Business & Finance

    Iberdrola will put its investments in 2020 on a fast track with an aim to surpass last year’s investment record and reach EUR 10 billion. This will lead to some 4.5 GW of new capacity currently under construction to be commissioned this year.

  • 2 July 2015
    Business & Finance

    Dutch energy company, Eneco, said it will no longer invest in renewable energy projects since that is not possible without losing money and jobs, the Dutch media reported. This was announced by Eneco’s CEO Jeroen de Haas after consultations with high officials of the Ministry of Economic Affairs on Wednesday. Namely, according to a decision by Economy Minister Henk Kamp, the company […]

  • 16 September 2016

    Global energy investment fell by 8% in 2015, with a drop in oil and gas upstream spending outweighing continued robust investment in renewables, electricity networks and energy efficiency, the International Energy Agency (IEA) said in a new report. The World Energy Investment 2016 (WEI 2016) report, a detailed analysis of investment across the global energy system, shows […]

  • 1 November 2016
    Business & Finance, Operations & Maintenance, Technology

    Aberdeen and Houston based M² Subsea Limited, a recently formed subsea services business, has secured a private equity investment to acquire a fleet of 32 remotely operated vehicles (ROVs). M² Subsea is set to become one of the largest independent providers of ROV services globally after attracting the investment from a fund advised by Alchemy Special Opportunities. […]

  • 9 April 2019
    Business & Finance, Technology

    The Dutch IHC IQIP is investing in the BLUE Piling technology for driving the foundation piles of offshore wind turbines into the seabed. IHC IQIP has decided to join forces with Jasper Winkes, the developer of the BLUE Hammer, as it believes this technology “has a big future” and is a logical step in the further development and growth of offshore wind. […]

  • 18 September 2015
    Business & Finance, Training & Education

    Two of East Yorkshire’s offshore energy training providers are working in partnership to deliver the basic requirements for those wishing to work in the renewables industry. This training includes working at heights, marine safety, first aid, fire safety and manual handling. Humberside Offshore Training Association (HOTA) along with HFR Solutions have both invested in their […]

  • 17 September 2015

    The Green Investment Bank and the Offshore Renewable Energy (ORE) Catapult have announced a three year agreement to work together to drive investment into offshore renewable energy through greater understanding and management of the associated risks, reducing the cost of energy from offshore renewables. The Memorandum of Understanding sets out how the two organisations will […]

  • 25 November 2014
    Business & Finance, Technology

    Fast-growing offshore company Red7Marine Offshore has expanded its subsea services to North Sea clients by investing in a fleet of remotely operated vehicles (ROVs). The investment – part of a £25 million investment in equipment this year – secures more skilled jobs at its Great Yarmouth base. The ROVs are already engaged on subsea services […]