Business & Finance
RWE Launches Gwynt y Môr Fund
RWE Innogy has officially launched a fund of £19 million available from Gwynt y Môr offshore wind farm for communities in coastal areas of Conwy, Denbighshire and Flintshire yesterday. The fund is open for small applications from £500 to £10,000 and grants over £10,000. It is able to fund both capit
Ming Yang Makes Board Appointment
China Ming Yang Wind Power Group Limited has appointed Zhongmin Shen to its board of directors. He is also appointed as the vice chairman of the Company. Shen has abundant experience in management and investment both in independent power and clean energy sectors. Prior to joining Ming Yang, he serve
Senvion Strengthens Team, Changes Legal Form
The Hamburg-based wind turbine manufacturer Senvion is strengthening its management team in order to further build on the strong performance of the 2014/15 fiscal year. Senvion has appointed Manav Sharma as Chief Financial Officer (CFO). Manav Sharma has been at Senvion for more than four years and
Atlantis Finalises MCT Acquisition
Atlantis has completed the acquisition of Marine Current Turbines Limited (MCT) from Siemens AG in an all share deal, conditional upon admission of the consideration shares. Accordingly, as consideration for the acquisition, Atlantis has issued 9,911,577 new ordinary shares of no par value in the Co
Wind Minds Sign Offshore Wind Deal with Korean Company
Article update: Further details about the contract. Wind Minds have signed a Memorandum of Understanding (MoU) with Korean company Doarm Engineering to develop offshore wind farms in South Korea, according to Hans Rijntalder, a renewable energy consultant and founder of Pondera Consult, one of four
Sif, Verbrugge to Join Forces at New Rotterdam Terminal
Following today’s news that Sif Group is expanding its business to Rotterdam, the Port of Rotterdam Authority released more details about the planned facilities in Rotterdam, which reveal that Sif Group and Verbrugge are planning to set up a joint venture to bring the storage and logistics of founda
UK Govt Could Cut GBP 1.9 Bln from OW Energy Cost in 2020s, Report Says
BVG Associates has published the first quantitative study of the effect of the UK Government’s policy on cost of energy from offshore wind during the 2020s. The study was commissioned by the Committee on Climate Change (CCC). The study considers the effect of a range of policy drivers in the context
Offshore Wind Makes Sif Group Expand to Rotterdam (VIDEO)
Roermond-based Sif Group has decided to expand its production capacity with more than EUR 60 million to be invested in the headquarters in Roermond and in Rotterdam at Maasvlakte 2. In Rotterdam, an assembly hall and a coating hall will be built at Maasvlakte 2. In addition, a storage and logistical
Boskalis, VolkerWessels Bag EUR 500 Mln Veja Mate Job
Royal Boskalis Westminster N.V and VolkerWessels (Volker Stevin International) have been awarded a contract by Veja Mate Offshore Project GmbH for the Veja Mate offshore wind farm in the German section of the North Sea. Both companies have a 50% share in the contract worth approximately EUR 500 mill
EUR 1.9 Bln Veja Mate OWF Goes Ahead
A consortium including Highland Group Holdings Ltd., Siemens Financial Services and Copenhagen Infrastructure II, a fund managed by Copenhagen Infrastructure Partners, announced today that it arranged the successful financing of the 400 MW Veja Mate offshore wind farm project, for a total project in
Dutch, Japanese Team Up for Offshore Wind
On Thursday, June 25, Holland Home of Wind Energy (HHWE) and the Japan Wind Power Association (JWPA) have signed an agreement stipulating how the two parties will act together to develop offshore wind energy in the Netherlands, Japan and possibly beyond. Arjen Schutten, director of HHWE, said: “Japa
Oz Wave Energy Specialist Moves to Cornwall
Australian CETO wave energy technology developer, Carnegie Wave Energy Limited, has set up a base in Cornwall. Carnegie has located in Cornwall having secured a berth at Wave Hub and due to the region’s superb infrastructure, supply chain and suitability for the deployment of the company’s CETO 6 wa
Belgium: Two Offshore Wind Connections Approved
The Belgian Council of Ministers has, on suggestion of Minister of Energy Marie Christine Marghem, given approval to a royal decree which allows offshore wind farms Rentel and Norther to connect directly to the Elia onshore network. This royal decree was granted because of the framework of the law f
Eneco Luchterduinen Powers Dutch Railway
Dutch railway company NS has received the first power from the new wind farm in the Dutch North Sea, Eneco Luchterduinen. With the last of a total of 43 turbines installed this month, almost the entire park has been feeding electricity to the grid. As of 2018, NS will get 100 GWh of electricity from