Following the recent announcement by Ocean Power Technologies, Inc. (OPT) to offer shares of its common stock, the company has announced the pricing of an underwritten public offering of 3,800,000 shares of its common stock at a price of $3.10 per share. The offering is expected to close on April 9,
VIDEO: World’s Most Powerful Wind Turbine As the MHI Vestas Offshore Wind joint venture has been formally established as of today, the newborn company released a video (see below) on their main focus, the 8 MW wind turbine. MHI Vestas Offshore Wind Established Following the approval from all relevan
Jack-Up Barge Presents New Installation Method Jack-Up Barge, the offshore self-elevating platform supplier, has pioneered a new cost-effective installation method that promises to revolutionise offshore wind turbine construction. Scotland Gives Thumbs Up to Two Offshore Wind Farms Scottish Energy M
During today’s visit to the island of Rügen, Christian Pegel, Mecklenburg-Vorpommern’s Minister for Energy, Infrastructure and Regional Development, went to Juliusruh, where he discussed the current political developments in the offshore wind energy with industry representatives. The economy talks a
WindMW GmbH, a joint-venture of Blackstone Energy Partners, Blackstone’s energy-focused private equity business, and Windland Energieerzeugungs GmbH, today announced the completion of Meerwind Süd │Ost, a 288 Megawatt (MW) offshore wind farm located in the German North Sea. Within the last day, Wind
Ocean energy can make a significant contribution to European energy security, but the EU and its Member States must act now in a coordinated manner to make this happen, according to the ocean energy industry. This call to action comes ahead of the first convening of the Ocean Energy Forum today in B
Two international wind farm developers have committed themselves to massive developments off the Norfolk coast in a major confidence boost to the East of England wind power sector. Delegates at an offshore wind seminar in Lowestoft, held on April 3, were told that both had the potential to offer big
SubC Partner is expanding its fleet of ROVs with the purchase of a new Ocean Module V8 M500. CEO and Partner, Lars Wigant, deems the Ocean Module V8 M500 as further investment in SubC Partner commitment to offer high-quality, cost-effective services emphasising safety and operational efficiency. “We
Siemens has created an interactive tool on its website, which allows users to get a 360° view of an offshore wind farm along with an additional insight into technological solutions and offshore wind jobs. Once placed on top of an offshore wind turbine, users can start exploring by clicking on certai
Blue Offshore Marine Services, and Caley Ocean Systems, have supplied a basket carousel to maritime services company Stemat for offshore cable storage for the Nordergründe wind farm. Jointly designed and fabricated by Caley Ocean Systems and Blue Offshore, the 18m diameter basket carousel can hold d
The wind energy project offshore Block Island has received another thumbs up by a subcommittee of the Rhode Island Coastal Resources Management Council (CRMC), reports the Providence Journal. Yesterday, the CRMC unanimously voted in favor of the Deepwater Wind’s 30MW Block Island wind farm at a meet
The Mayor of Hedon, Councillor John Dennis, has warned that the manufacturing facilities in Hull, planned by Siemens, could have a negative impact on the countryside. Mr. Dennis has pointed out that he is not against the project itself, but that its impact in terms of emissions, noise and industrial
COSCO shipyard has delivered the wind turbine installation vessel SEA CHALLENGER to A2SEA. SEA CHALLENGER’s first assignment is scheduled for the summer, when it will start working on the Westermost Rough offshore wind farm. A2SEA’s new vessel is almost identical to SEA INSTALLER. The new wind turbi
SB Energy Corp., a subsidiary of Japanese SoftBank Corp. focused on renewable energy development, intends to invest in an offshore wind farm to be built off the Ibaraki prefecture, Japan. The wind farm is being developed by Japanese wind energy company Wind Power Energy Co., which proposes an initia
