Bloomberg New Energy Finance (BNEF) today reported that two big European offshore wind financings, and a record quarter for investment in Chile, were among the highlights of an otherwise sluggish Q2 2015, when it comes to clean energy investment. Worldwide, clean energy investment was $53bn in the s
In a new report from the Aldersgate Group set out the key policy priorities in this parliament that will allow the UK to meet its carbon targets on time, on budget and in way that will be beneficial to the UK economy. The report, A Brighter, More Secure Future: Low carbon priorities for the new [&he
French wind industry group (FEE) announced Tuesday that the country will launch a call for tenders for floating wind power projects this month. FEE believes up to three projects ranging from 15 to 60 MW with a total capacity of up to 120MW will participate, writes Reuters. The group could not specif
DONG Energy has signed a Memorandum of Understanding (MOU) which could see a new major operational hub for DONG Energy at the Able Marine Energy Park (AMEP) for the construction and installation of offshore wind farms. Able Executive Chairman Peter Stephenson described this as “a major leap forward
A new study from Totaro & Associates identifies a total investment of US$424.8B required to develop the first 80GW of utility-scale offshore wind in the US. However, there are three critical path areas which will be essential to future growth including foundation production, port infrastructure, and
Floating Power Plant (FPP) has been awarded EUR 1.14 million for the 2 year project “Market maturation of Floating Power Plant’s Floating Wind- Wave- Energy Device – POSEIDON” under the European Union’s Horizon 2020 research and innovation programme under grant agreement No 673976 (SME program). “Th
SgurrEnergy, a Wood Group company, has appointed David Blunt as Senior Advisor to the business at their headquarters office in Glasgow, Scotland. David has been appointed, with immediate effect, in a newly created position and will support the development of new markets for the growing business, the
Oriel Windfarm Ltd. and Gaelectric Holdings plc have signed a Memorandum of Understanding to co-develop an offshore wind farm in the north Irish Sea. The North Irish Sea Array (NISA) has the potential to produce up to 870 MW of wind energy from the Irish Sea and will commence with the development of
3i Infrastructure and AMP Capital have entered into an agreement to jointly acquire 100% of Danish company ESVAGT from Maersk Group. 3i Infrastructure will be investing approximately £109 million to acquire a 50% interest in ESVAGT and will have an equal shareholding with AMP Capital. Headquartered
Mabey Bridge has proposed closure of its Renewables division in Chepstow, Monmouthshire, after failing to sell it since December 2014. “Following contact with over 50 companies from the UK and abroad, receiving expressions of interest from a number of them, we have been in exclusive discussions with
Ocean Power Technologies has begun deployment of the mooring system and is waiting for a suitable weather window for final buoy deployment, said George H. Kirby, President and Chief Executive of the company. He also expects their APB-350 A1 buoy to achieve fully permitted status for deployment soon
The Energy Finance team (Leon Pulles, Johan Schoone) of Royal HaskoningDHV has executed research to reduce one of the offshore wind cost sources – the financing costs. The financing costs are defined as those costs arising from attracting debt and/or equity in order to finance the wind farm. The lar
TAGU Tiefbau GmbH „Unterweser“ from Oldenburg and Combi Lift GmbH as part of the Bremen based shipping group Harren & Partner have combined their know-how and experience in wind-energy, offshore installation and maintenance in a new joint venture. “There often is a lot of potential for optimisation
A new hub to allow Scottish companies to access the burgeoning renewable energy market in Japan was officially launched last week by the Cabinet Secretary for Culture and External Affairs Fiona Hyslop during a visit to Nagasaki. The centre, called ‘Scotland House’, will be based at the Nagasaki Deji
