ORIX has agreed to participate in the joint development and construction of Kashima Port Large-Scale Offshore Wind Farm which is to be built offshore of Kashima Port in Kamisu City, Ibaraki Prefecture. The equity investment by ORIX into the project company was also completed today. The project invol
Following the recent news about Siemens 7MW turbine being installed in Østerild for field testing, Blue Water Shipping reported that it had been in charge of the loading, shipping and discharging of the new turbine. The company handled nearly 420 tons of cargo with the largest unit weighing 155 tons
Chinese wind turbine manufacturer, Ming Yang, reported a lower Q1 profit of USD 6.57 million compared to USD 30.12 million last year. The profit slump is mainly due to last year’s USD 20 million gain on losing control of GWPL subsidiary. The revenue was up 9.36% reaching a figure of USD 215.33 milli
Gwynt y Môr Offshore Wind Farm has awarded a three year contract to Manchester company Granada Material Handling Ltd to provide specialist offshore personnel to look after, maintain and re-certify 160 crane units on its offshore turbines. Each of the Granada ‘Python’ crane units was specifically des
Oceanteam has posted a moderate loss of USD 0.4 million for the first quarter of 2015. The company also saw revenue fall from USD 15.1 million to USD 14.3 million in this period. Oceanteam is comprised of two operating segments, Oceanteam Shipping, which accounts for 46% of company’s revenue, and Oc
The Swedish Energy Agency has granted the company Corpower Ocean AB 2 million EUR to conduct tests of its innovative concept for wave power. The project is part of a larger collaboration with KIC InnoEnergy, the Spanish energy company Iberdrola and the Portuguese Research Institute WavEC Offshore Re
The East of England Energy Zone (EEEZ) is gearing up for the opening of bids in the second Contracts for Difference (CfD) round in October by stepping up its on-going dialogue with potential supply chain investors in the industry to commit to setting up in the area. The East of England now looks cer
ELA Container Offshore GmbH will be the main sponsor of WINDFORCE conference and exhibition in 2015 and 2016 in Germany. This year, WINDFORCE takes place from April 9th-11th in Bremerhaven. Already in 2013 and 2014, ELA participated as Partial Sponsor. “We are happy to provide an attractive platform
Two Nova Scotian businesses have secured contracts worth $25 million as part of the first round of procurement awards on the Cape Sharp Tidal project, a 4MW tidal array in the Bay of Fundy. Aecon Group Inc. and Lengkeek Vessel Engineering have been selected by Cape Sharp Tidal, a joint venture betwe
Laing O’Rourke has been named as preferred bidder for the ~£200M contract to deliver Swansea Bay Tidal Lagoon’s 410 metre turbine house and sluice structure block. This element of the build will require up to 500 workers at peak construction, a substantial number of whom will be local to South Wales
Caisse des Dépôts has acquired a 7.5% stake in 496 MW Saint-Brieuc wind energy project off the French coast. The French financial organisation has formed a joint venture, Avel Vor, with Eole-RES, which reduced its stake to 22.5%. Iberdrola remains the majority shareholder with 70% stake in the proje
For the US energy industry, 2014 will be remembered as the year when crude oil prices fell below 50$/bbl, resulting in significant realignments in the sector, Douglas-Westwood said. Aside from the oil price collapse and the historic high of domestic natural gas production, several other energy recor
On Friday, 22 May, the Cornwall & Isles of Scilly Local Enterprise Partnership (C&IoS LEP), Cornwall Council and the Council of the Isles of Scilly jointly launched their Marine Renewable Energy (MRE) Roadmap, which sets out how the public and private sector can work together to deliver the next ste
Marine Renewables Canada (MRC) is offering workshops in locations across Nova Scotia for companies interested in exploring opportunities in the tidal energy supply chain. Three levels of government have partnered to contribute more than $100,000 to the initiative. Nova Scotia—with its strategy for t
