Carnegie Wave Energy Limited (CWE) has completed an oversubscribed AUD 7.5 million capital raise to continue the commercialisation of its CETO technology. Carnegie announced on 3 November that it had initiated a capital raising of AUD 5 million via a Share Purchase Plan with capacity to accept overs
Munich-based insurance provider Allianz will stop financing coal-based business models and turn its focus to wind energy, the company’s chief investment officer Andreas Gruber said in an interview given to German TV station ZDF. Allianz will no longer invest in companies that derive more than 30 per
Statoil has awarded a contract to Isleburn Limited in North of Scotland for providing the suction anchors to the world’s first floating wind farm. Isleburn Limited, part of Global Energy Group, will provide 15 suction anchors for the Hywind pilot park to be delivered in the beginning of 2017. “The s
Scotland’s Energy Minister Fergus Ewing has accused UK Government of failing to meet its objectives and jeopardising energy security. While attending the International Tidal Energy Summit in London, Ewing described UK energy policy as “inconsistent, incoherent and ineffectual”. Ewing said: “Last wee
At this year’s EWEA, Offshore WIND took the opportunity to interview Rajai Aghabi, CEO of EOLOS Floating Lidar Solutions, a newly launched company specializing in floating wind lidars. Offshore WIND: How did EOLOS Floating Lidar Solutions enter the offshore wind market? Was the cooperation with KIC
French offshore wind projects French transmission system operator RTE France has awarded ABB with a $25m contract to supply nine 400MVA booster transformers and accompanying services, which will help regulate the voltage of power transmitted from four large-scale offshore wind projects. ABB will del
UK Green Investment Bank plc (GIB) has committed GBP 2.3 billion to 58 green infrastructure projects with a total value of GBP 10.1 billion in its first three years of existence. Part of the commitments went towards financing of 757 offshore wind turbines in the UK – or 40% of all the turbines curre
The submarine cable that connects Anholt offshore wind farm to the grid has been repaired. Energinet.dk reported that the repair work has gone faster than expected and that DONG Energy’s 400MW Anholt offshore wind farm has been feeding power to the Danish grid since Saturday. The replacement of the
ALL NRG Group has established a new High Voltage Engineering department that will meet the requests, both internally and externally, of calculating, specifying and quoting grid connection solutions for wind farms. “Through our participation in numerous wind projects, we have learned to know the impo
Lancashire-based VolkerInfra has been awarded its first contract with Siemens Energy which will see the company work on the Dudgeon Offshore Wind Farm. The company will install extra high voltage cables required to connect the onshore substation to the wind farm which is off the Norfolk coast. Volke
Green Port Hull today launched a new careers and information hub, which will provide the latest updates on the Siemens and wider Green Port Hull developments. Situated in Hull’s Central Library, The Hub will also provide an overview of other renewables projects in the region. In addition, The Hub wi
In the past eight years Offshore Energy Exhibition & Conference (OEEC) has experienced continual growth and it has the ambition to continue this steady course. In that respect we have exciting news to share: OEEC will have a new home in 2016 and will move to hall 1, 2, 4 and 5 of Amsterdam RAI. [&he
DONG Energy has signed a partnership with the Royal National Lifeboat Institution (RNLI) to contribute to the lifeboat running costs of six RNLI stations across the UK. DONG Energy and the RNLI have agreed to work together for an initial period of two years, during which DONG Energy will make a fina
IT Power has carried out a site screening study for wave and offshore floating wind technology developers Floating Power Plant (FPP). IT Power said that, using FPP’s technical and commercial site requirements as the search criteria, it identified huge potential for FPP in the UK, locating a number o
