Business & Finance
New York State Must Champion Offshore Wind to Meet 2030 Renewables Goal
New York’s Governor Andrew Cuomo is expected to promote the state’s offshore wind power potential in his State of the State address on Wednesday, seeing that without its ”tremendous offshore wind power resource,” New York most likely will not meet the 50% renewables goal set for 2030, according to K
JDR Names James Young as Its Chief Technology Officer
JDR has appointed James Young as its Chief Technology Officer, who will take up the role with effect from 1st February 2016. In his prior role as Engineering Director, Young led the attraction and development of JDR’s engineering talent for many years, the company said. David Currie, CEO, said: “Thi
Bernie Sanders Pushes for Renewables and Clean Energy Jobs
Bernie Sanders, U.S. Senator from Vermont and one of the national presidential candidates, has introduced a bill that would permanently extend the Investment Tax Credit (ITC) for advanced clean energy property and expand the 30% credit to offshore wind facilities. The American Clean Energy Investmen
Green Giraffe: 2016 First to See Over 10 Offshore Wind Financings
2016 will be the first year in which we will see over ten offshore wind financings, according to Jérôme Guillet, Managing Director at Green Giraffe, a specialist advisory boutique focused on the renewable energy sector. These financing projects may not close until 2017, but they will certainly start
Briggs Marine Soars on Offshore Wind
Offshore wind has shown to be a fruitful field for Briggs Marine & Environmental Services in the past year, especially since the company expects further growth based on its performance in 2015. Briggs Marine increased its turnover to GBP 62 million in the fiscal year ended 31 March, 2015, with the t
ETA Sets Up New Connector Division
UK-based subsea cable specialist ETA has announced the formation of a new division to focus on the provision of marine cable connectors, terminations and accessories. The new division will continue to provide bespoke designs and at the same time develop ETA’s production lines for larger scale projec
BVG Associates: Who Could Win Next CfD Auction in UK?
Following the UK Energy Secretary Amber Rudd’s announcement that the government will hold three Contract for Difference (CfD) auctions before 2020, the first of which will kick off this year, Chris Willow, Senior Associate at BVG Associates, has selected front runners in the race to win the first au
Sewind Orders 1GW of Converters from GE
GE Power Conversion has signed a contract to equip offshore wind turbines manufactured by Shanghai Electric Wind Power Equipment (Sewind) with 4MW Fully Fed LV3 wind converters. Totalling 1GW, the deal is set to be one of the biggest offshore wind projects in China, GE said. The converters will be m
BIS Research Publishes Asia-Pacific Wind Energy Market Outlook
Business Intelligence and Strategy Research (BIS Research) has recently published a report titled “Asia-Pacific Wind Energy Market Outlook, Focus on Equipment, Deployment and Geography: Estimation and Forecast 2015-2020”. Owing to the increasing energy demands and a dire need for safeguarding measur
Ricardo Energy & Environment Appoints New MD
Tim Curtis has been appointed as managing director of Ricardo Energy & Environment, taking over from Robert Bell, who retires following a 40-year career with the company. Commenting on this new appointment, which builds on his previous senior managerial positions with the company since 2007, Tim Cur
Waypoint North Rebrands to Reflect Focus on Offshore Wind
Waypoint North has changed its company name to SeaState Aviation to reflect its focus on the offshore wind market. Managing Director Johan Hansen said the new name is a better representation of the company’s core services, which is providing independent offshore aviation consulting and safety assura
NovaVis and VOW Team Up with WAB on Trans-Atlantic Bridge
U.S.-based NovaVis, the Virginia Offshore Wind Coalition (VOW) and Germany’s WAB e.V.; Windenergie-Agentur have agreed to use the NovaVis supply chain technology in order to build the Trans-Atlantic Bridge. The “bridge” consists of a singular hub of collaboration and exchange among German and U.S. e
BVG Associates: 2016 Is the Year of New Offshore Wind Markets
There is every reason to believe that 2016 will see a series of developments for renewable energy, especially in new markets in offshore wind, according to Bruce Valpy, Director at BVG Associates. The year ahead of us will see the commissioning of the first offshore farm in the US, at Block Island,
CEIC Gets Its First Director
The U.S. Department of Energy (DOE) has selected Dr. Sanjiv Malhotra to be the first Director of the Clean Energy Investment Center (CEIC), located within the Office of Technology Transitions (OTT). CEIC was established in 2015 as part of the Obama Administration’s Clean Energy Investment Initiative