Nordseewerke from Emden, Germany, has filed for bankruptcy due to the upcoming imminent insolvency, CEO Thierry Putters told German media. This affects 188 employees, of whom 80 percent have been working short-time since September 2014. The shipyard was founded in 1903 and was taken over by the stee
Queen’s Speech Confirms Conservatives’ Energy Plans Her Majesty The Queen today delivered the speech to the UK Parliament as part of the State Opening of Parliament 2015. The speech sets out the government’s policies and proposed legislative programme for the new parliamentary session. Kentish Flats
Scientists from the National Institute of Aquatic Resources at Technical University of Denmark have studied long-term effects of Horns Rev 1 offshore wind farm in the North Sea on fish communities. The results were published yesterday in Inter-Research’s Marine Ecology Progress Series. The study inv
Wärtsilä Corporation announces that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalised and control of the company will be transferred to Wärtsilä with effect from 1stJune 2015. In December 2014, Wärtsilä announced that agreement had been reached to acquire
By signing a Letter of Intent (LOI), SSC Wind EMEA GmbH and Deutsche WindGuard have confirmed their cooperation in the field of education and training for the wind energy industry. At the site of Maritime Campus in Elsfleth, the “German Wind Academy” will offer comprehensive education and training o
Natural Power has appointed Lauren Wheatley as Director of Technical with a global remit. Wheatley has worked in the renewable energy industry since 2003, and brings extensive experience across all phases of site development including all aspects of wind resource assessment and asset performance. On
NOF Energy, the business development organisation for oil, gas, nuclear and offshore renewables sectors, has entered a new partnership with BVG Associates to support supply chain development. As one of NOF Energy’s Consultancy Partners, BVG Associates will assist NOF Energy members’ activities in th
WERPO, together with Beijing Capital Group (BCG), is in discussions with one of the most important electric companies in China for the purpose of building a very large infrastructure for ocean powered generators to produce clean and efficient electricity. WERPO has initially proposed to build a 100
TenneT Holding B.V. yesterday launched and priced its inaugural Green Bond issue, a EUR 1 billion dual tranche (6 and 12 year) bond issue, each sized at EUR 500 million with coupons of 0.875% and 1.750% respectively with the support of five banks, HSBC Bank plc., ING Bank N.V., Royal Bank of Scotlan
2014 was a good year for the companies in the Danish wind industry. The overall exports increased by no less than 16.7% – indicating a busy year for the industry. The revenue rose by 7.4%, while the number of job increased by more than 5%. The newest industry figures for 2014 from the Danish Wind [&
With EDF set to operate a tidal energy array near Paimpol-Bréhat in Brittany, France at the end of 2015, GE Power Conversion reported that it is on track for finalization of the electrical conversion system, due for summer 2015. GE’s Belfort team is working diligently to perform relevant tests befor
The European Marine Energy Centre (EMEC) and CENSIS, the Innovation Centre for Sensor & Imaging Systems, are collaborating to support innovation and development of new sensor technologies. By helping innovative sensor technologies develop through technology readiness levels (TRL) and providing indep
Huisman has reached an agreement to participate as shareholder and investor in Fistuca BV. Fistuca BV is developing a new pile driving technology, BLUE Piling Technology which will allow silent installation of large piles offshore. BLUE Piling Technology is expected to significantly reduce the found
The Board of Directors of DNV GL Group has appointed Remi Eriksen as the company’s new Group President & CEO. He is succeeding Henrik O. Madsen, who is retiring on 1 August. Since October 2014, the Board of Directors has undertaken an extensive executive search and selection process to find and appo
