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  • 9 October 2014
    Business & Finance

    Offshore wind energy projects off the coasts of Rhode Island and Massachusetts are aiming to start construction next year and bring an energy source familiar in Europe to the U.S. for the first time, company executives said this week in Atlantic City at the industry’s major annual conference. “This is the year it happens,” said […]

  • 12 April 2012

    The team behind FaB Test, Cornwall’s pioneering marine energy test site in Falmouth, has welcomed the first wave device to be installed in its waters. Fred Olsen’s BOLT “Lifesaver” wave energy converter, which is ultimately capable of producing clean and efficient electricity, is now being tested in the sheltered waters off FalmouthBay, with easy access […]

  • 20 December 2010

    Offshore windmills used to create energy are unfamiliar territory to most in south Louisiana. But some say the technology, which is undergoing a big push for development by the Obama administration, could be a new growth area for shipbuilding and fabrication companies. Trade associations, including the Shipbuilders Council of America, say clusters of wind turbines […]

  • 23 August 2016

    Being an expert in any industry is a great responsibility. Being an expert in assessing the risk of potentially dangerous situations in an industry is an even greater responsibility. It is not only financial investments that rely on expert advice, lives also depend upon the policies and decisions made by these experts. Costa Renewables is such a company that […]

  • 23 February 2012

    SeaEnergy today announces the appointment of a permanent Chief Executive, together with further details of a proposed return of value to shareholders, its future business plans, certain other board changes and a review of executive remuneration. Board changes and employment terms The Board is pleased to announce the immediate appointment of John Aldersey-Williams as Chief […]

  • 26 November 2010
    Business & Finance

    C-Power is pleased to announce that it has closed the financing of the second and third phases of the offshore wind farm on the Thornton Bank (located about 30 km in the North Sea off the Belgian coast). A group of 7 commercial lenders: KBC, Rabobank, Société Générale, KfW Ipex-Bank, Commerzbank, Dexia and ASN Bank […]

  • 23 July 2014

    On May 14, 2014 the Dutch Gemini project reached financial close. After days and nights of intensive talks, serious negotiations and meticulously reviewing all contracts, all parties reached an agreement. All the ends were tied together, and everyone looked with satisfaction into a large room that was literally stuffed with contracts. Agreements, which made it […]

  • 29 September 2010
    R&D, Technology

    Carbon Trust launches global challenge to improve access to offshore wind turbines and improve Round 3 economics The Carbon Trust today launched a global competition to find world-leading solutions to the problem of transferring engineers and equipment safely from boats to wind turbines as far as 300km offshore in 3 metre wave heights. The project […]

  • 13 July 2011
    Operations & Maintenance, R&D, Technology

      The UK’s leadership in the development of wave-generated power continued apace as wave energy developer Aquamarine Power invited Scotland’s First Minister Alex Salmond MSP to unveil the Oyster 800, the company’s next-generation hydro-electric wave energy converter. 800kW device At a ceremony at Burntisland Fabrications’ yard at Methil, Fife, the First Minister welcomed the advancements […]

  • 15 September 2011

      A dearth of public information, complicated marine environments and even the corrosive effects of bubbles are among the challenges for companies trying to produce energy from river currents, tides and waves, but Sandia National Laboratories is working on solutions. Sandia is helping companies on the frontier of the coming marine hydrokinetics (MHK) industry navigate […]

  • 14 August 2012
    Business & Finance

    HOCHTIEF generated profit before taxes of EUR 166.1 million in the second quarter of 2012 after incurring a loss in the first three months of the year. The HOCHTIEF Asia Pacific division returned to the black. The troubled Airport Link project, a toll road in Brisbane, was opened to traffic and handed over. The desalination […]

  • 12 April 2013

    There’s one place, and only place, to be on Wednesday 22 and Thursday 23 May … All-Energy 2013 at Aberdeen Exhibition and Conference Centre (AECC). There’s a very special buzz at the UK’s largest renewable energy exhibition and conference. It’s the sound and sense of business being done, contacts being made. It’s exciting, it’s stimulating, […]

  • 16 September 2019

    Taiwan is establishing itself as one of the world’s fastest-growing new offshore wind markets and the Taiwanese manufacturers have been steadily getting ready to satisfy the production needs related to the projects to come. Following this tendency, several Taiwanese companies have recently visited Faccin’s factory in Visano, Italy to test their finished 4-rolls offshore-wind specially […]

  • 15 October 2018

    Are you ready for the new dawn in offshore wind? At the Offshore Wind Conference 2018 (OWC 2018), you can discover how you and your company can prepare for the new industry standards throughout several sessions that jointly aim to cover everything needed to get the full picture of what lies ahead. 

  • 10 October 2012
    Authorities, Business & Finance

    A multi-million pound renewable energy investment fund (REIF), geared to stimulating greater levels of private finance into innovative green power and renewable district heating projects in Scotland, was opened for business by First Minister Alex Salmond today. As senior figures from green energy, finance and government gathered in Edinburgh for the Scottish Low Carbon Investment […]

  • 24 May 2013
    Business & Finance

    2012 will – irrespective of the pace of the development in the company – always be a historic year for the transport and logistics company Blue Water Shipping which celebrated its 40th anniversary. But there were plenty of other things to be happy about for the company’s staff and clients in a year with a […]

  • 23 August 2013

    It has become clear in the previous interviews with industry players that in certain areas of the offshore wind industry companies are ‘fighting’ over experienced and qualified people to fill their, mainly engineering related, job positions. They are not the only ones though. On an academic level, research departments of universities are also struggling to […]

  • 8 June 2015

    Grouting or bolting of the connection between monopile and transition piece belong to the past with the introduction of Dutch engineering company KCI’s Double Slip Joint. KCI is completely convinced about this after completing intensive research. The company introduced their new concept at the EWEA OFFSHORE event in Copenhagen last month where it attracted a […]

  • 9 March 2012

    Ocean Power Technologies, Inc. today announces financial results for its fiscal 2012 third quarter and nine months ended January 31, 2012. Recent Highlights Operating loss at $12.4 million was significantly reduced for the nine months ended January 31, 2012, compared with $15.8 million for the nine months ended January 31, 2011, primarily reflecting a 33% […]

  • 2 April 2019

    Executive summary The development of offshore wind represents an interesting technology opportunity for the US. On one hand, offshore wind is a European invention, and early technologies will have to be almost exclusively imported from Europe. On the other, though, the rapid pace of technology development in offshore wind offers significant potential for the US […]

  • 5 November 2018
    Industry Contribution

    By Jon Harman, Head of Renewable Energy and Portfolio Director, New Energy Update Germany’s first offshore wind auction, in April 2017, was a watershed for the industry. Anticipating fierce competition, Ørsted and EnBW both pitched projects that would not require subsidy support, a concept undreamt of at the time. Since then, more than 2.5 GW […]

  • 12 January 2015

    In the Netherlands, the government aspires to build new offshore wind farms with a combined output of 3,450MW by 2023. The Minister of Economic Affairs recently decided that Transmission System Operator (TSO) TenneT will have the responsibility of building the offshore grid to accommodate these wind farms. Offshore WIND asked Mel Kroon, the CEO of […]

  • 19 June 2012
    Business & Finance

    Seawork 2012 saw a number of major deals being done and several high specification craft being officially handed over. Seawork has become not only an efficient one-stop-shop for seeing what’s new on the market, specifying future requirements and placing orders but also the event of choice for exhibitors to showcase the work they have completed […]

  • 27 October 2011

    The operating revenues for the third quarter were USD 93.4 million (2010: USD S8.0 million).The operating margin was USD 3S.7 million (2010: USD 19.S million) and the operating margin as a percentage of revenues was 38% (2010:34%). Operating profit was USD 12.6 million (2010:14.8 million) and includes depreciation and amortisation of USD 21.3 million (2010: […]

  • 22 July 2011

    The latest phase in the debate over an off-shore wind farm in Lake Michigan was played out in a City Council meeting on Monday, when the council reviewed a report from the Mayor’s Wind Farm Committee. City Council voted 5-2 to keep pursuing the wind farm, attempt to place someone on the state wind farm […]

  • 13 May 2013
    Business & Finance

    Against a backdrop of sustained cold weather and periods of higher commodity prices, Centrica has performed well in the year to date. This strong performance enables the business to continue to invest in customer service and price competitiveness and full year earnings growth is expected to be in line with market expectations. They have also […]