New York-based private investment firm Centerbridge Partners is reportedly planning to list the German wind turbine manufacturer Senvion less than seven months after completing the acquisition of a 100% stake in the company for EUR 1 billion, Reuters reports. Centerbridge has partnered up with JP Mo
Scottish First Minister Nicola Sturgeon has confirmed the first £30 million of investment in a transformative £1.13 billion city and region deal. More than £14 million is earmarked for a planned expansion of the quayside and construction of a visitor facility by Inverclyde Council and terminal owner
U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has set aside over USD 8 million for two offshore wind-related projects. USD 3.57 million will go to a team led by the University of Virginia for the design of a 50 MW wind turbine featuring downwind morphing, expected to
German hydrokinetic energy specialist Schottel Hydro will deliver a customized turbine solution for Deep Green, an underwater kite construction developed by the Swedish company Minesto, in 2016. Schottel Hydro will develop a new turbine variant to optimally fit the requirements of Deep Green. The li
Companies hoping to win contracts in the GBP 25 billion UK offshore wind farm investment must be innovative and cut their costs to be part of it, over 250 supply chain representatives heard during an event to celebrate Offshore Wind Week held in Lowestoft. Businesses supplying services, products and
The U.S. Bureau of Energy and Ocean Management (BOEM) has taken the first step to develop offshore wind energy off the coast of South Carolina. BOEM yesterday issued a Call for Information and Nominations (Call) to gauge the offshore wind industry’s interest in acquiring commercial wind leases in fo
The University of Maine has received a USD 3.9 million grant from the Harold Alfond Foundation for the establishment of an ocean engineering and an advanced manufacturing laboratory on campus. The latest grant brings the total of funds raised for the Harold Alfond W2 Ocean Engineering Laboratory and
Mojo Maritime has added a new feature to its marine operations planning and weather risk analysis tool, Mermaid, allowing it to address technical breakdown on marine operations. Mojo Maritime, a subsidiary of James Fisher and Sons, says that Mermaid now allows the modelling of the breakdown of criti
ELA Container Offshore GmbH has delivered a 10ft (3m) Offshore Container solution for WINDEA Offshore GmbH & Co. KG that is equipped as a Mobile Rescue Container, the MEDICbox. The solution called the MEDICbox is a mobile 10ft container, which provides an adequate alternative to flight solutions whe
Aquamarine Power ceased trading on 20 November due to not receiving any offers from buyers. This was reported by BDO LLP business restructuring partners James Stephen and Graham Newton, who have been appointed Joint Administrators on 27 October. James Stephen said: “Despite a comprehensive marketing
Germany’s EMS Maritime Offshore GmbH (EMO) and Veja Mate Offshore Project GmbH signed a contract for guarding the offshore wind farm with its fleet of guard vessel. Starting in January 2016, the vessel provided by EMO will evaluate if any risk of collision or unauthorised entrance from non project-r
Developing nations eclipsed the world’s wealthiest countries in 2014, attracting more clean energy investment and building more wind, solar, and other renewable power generation than ever before, according to a global assessment released by Bloomberg New Energy Finance today. Climatescope, the clean
Emission reductions from renewables, coupled with energy efficiency improvements, must be at the heart of any effort to limit global temperature rise to two degrees Celsius, according to a report by the International Renewable Energy Agency (IRENA). REthinking Energy 2015 – Renewable Energy and Clim
Results of a project testing vibratory method of pile driving have shown the method generates less noise and is up to ten times faster, compared to the impact hammering. The project, carried out by RWE Innogy, Bilfinger Offshore, DONG Energy, EnBW, E.ON and Vattenfall under the Carbon Trust Offshore
