Business & Finance
New Offshore Wind Market Report Available
Research and Markets has added the “Offshore Wind Energy Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2022” report to their offering. The report addresses the key market dynamics impacting the capacity additions for offshore wind energy globally. Market drivers
Dominion Trying to Cut Virginia OWF Cost
Dominion Resources, the developer of an offshore wind project proposed to be installed off the coast of Virginia, USA, met with industry experts, academics, and others involved in the offshore wind sector to find a way to bring down the cost of its project, Richmond Times-Dispatch news site reported
Wind Unit Bright Spot of Vattenfall’s Q2, as Company Reports Loss
Vattenfall has reports a substantial second quarter loss due to impairment losses of approximately SEK 36 billion (EUR 3.8 billion). Higher provisions and low electricity prices also have a negative impact. The company added that wind power generation is rising in line with its strategy to shift to
Canada, UK Team Up for Tidal Energy Research
Nova Scotia has launched two new international research grants to further advance its position in the tidal industry. The two projects, worth $1.43 million, will help governments, industry and researchers better understand the effect tidal technology has on the marine environment, and the impact of
UK Offshore Wind on Way to Become Subsidy Free
Statkraft has welcomed the latest report by BVG Associates, which outlines how advances in technology, the supply chain and policy have combined to put the industry on track to become sustainable without financial support from consumers. BVG’s report highlights the costs of offshore wind are startin
Blackbird Appoints Financial Expert
Blackbird International Corporation (BBRD), a wave energy technology developer, has hired Dov Weinstein, an accountant with years of experience operating his own certified public accounting firm since 1988 under the name Dov Weinstein & Co. C.P.A. He is committed to providing the Company with the be
RWE’s UK Wind Control Centre to Offer Third Party Services
RWE Innogy UK’s Wind Control Centre is soon to enter the market offering renewable and cross technology third party services. As of the 1st September, operators will be able to call upon the Wind Control Centre’s expertise, RWE announced today. The centre, based in Swindon, operates 24/7 and provide
ZPMC Nets Taiwanese Offshore Wind Job
Shanghai Zhenhua Heavy Industry (ZPMC) has been contracted to carry out offshore wind installation work in Taiwan. The company has signed a framework cooperation deal with an offshore wind developer SWE Green & Sustainable, which plans to erect more than 30 wind turbines off the Taiwanese coast by 2
SPR, Siemens Present East Anglia ONE Opportunities
Yesterday, ScottishPower Renewables (SPR) and Siemens discussed contract opportunities on the £2bn East Anglia ONE offshore wind farm, to be built off the Norfolk and Suffolk coast. East Anglia ONE project director Charlie Jordan spoke to an audience of over 300, which included local businesses and
DEA to Meet Economic Operators Interested in Krigers Flak OWF
The Danish Energy Agency (DEA) has offered to hold meetings with economic operators interested in the prequalification for the tender of Krigers Flak offshore wind farm. The DEA has invited all economic operators, who are interested in submitting a request to be prequalified for the tender of Kriger
CEFC Invests in 2% of Australian Ocean Energy
Australian Clean Energy Finance Corporation (CEFC) committed new investments of close to A$500m in the past 12 months, taking its total commitments to invest over the two years since inception to more than A$1.4 billion. These projects and programs have catalysed a further A$2.2 billion in other inv
Navitus Bay Launches £8.6 Mln Local Skills Fund
Navitus Bay has announced the creation of £8.6 million (€12.1 million) in funding for skills and supply chain engagement as part of its commitment to maximise the benefits felt across the South Coast from the proposed offshore wind park. The funding is part of the s.106 Agreement, negotiated with th
Per Aarsleff to Enlarge Port of Frederikshavn
Frederikshavn Havn A/S, after an invitation to tender which involved four tenderers, expects to enter into a contract with Per Aarsleff A/S for the first phase of the port enlargement. The contract is expected to have a total value of DKK 500-600 million (approx. EUR 67-80 million). The invitation t
Bonheur Takes Dive in Q2
Bonheur ASA, a specialist in shipping, offshore drilling, renewable energy and cruise, has reported a net loss of NOK 2,390 million for the second quarter of 2015, compared to profit of NOK 130 million a year before. According to their report, EBITDA for this period more than doubled mainly due to h