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Business & Finance

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Offshore Wind Backs Up Dutch Maritime Sector
Business & Finance

Offshore Wind Backs Up Dutch Maritime Sector

The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from € 6.4 billion in 2013 to € 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013. “Overall we see a nuanced picture, with ups and downs,” said Hans Voorneveld, chairman of trade associati

about 11 years ago
EIB’s New Fund Includes Offshore Wind Farms
Business & Finance

EIB’s New Fund Includes Offshore Wind Farms

New investment in energy efficiency, renewable energy, and strategic energy infrastructure, was among the more than EUR 8 billion of financing approved by the European Investment Bank board meeting on May 19. The EIB Group’s Board of Directors approved loans for a total of 21 projects, including fou

about 11 years ago
Scottish FM to UK Govt: Provide Confidence to Offshore Wind Industry
Business & Finance

Scottish FM to UK Govt: Provide Confidence to Offshore Wind Industry

Scottish First Minister Nicola Sturgeon has called for a new approach to the UK’s relationship with Scotland on energy issues, with key decisions on energy policy made following a process of consultation and agreement with the Scottish Government. The First Minister’s call came as industry experts m

about 11 years ago
MHI Vestas Preferred Turbine Supplier for Navitus Bay
Business & Finance

MHI Vestas Preferred Turbine Supplier for Navitus Bay

MHI Vestas Offshore Wind has been appointed preferred supplier for the delivery of V164-8.0 MW turbines for the Navitus Bay project in the UK. As soon as the project translates into a firm and unconditional order, MHI Vestas Offshore Wind will disclose further details about this, the company said. C

about 11 years ago
Dutch Economy Minister Announces Conditions for Offshore Wind Tender 2015
Business & Finance

Dutch Economy Minister Announces Conditions for Offshore Wind Tender 2015

The Dutch Minister of Economic Affairs, Henk Kamp, has sent a letter to the House of Parliament with details about the offshore wind energy tender 2015. Subsidy for two sites in the Borssele zone will be made available with this tender. In the letter, the Minister has highlighted recent developments

about 11 years ago
Fugro Wins Further Work on Borssele Offshore Wind Zone
Business & Finance

Fugro Wins Further Work on Borssele Offshore Wind Zone

The Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs, has signed two contracts with Fugro that cover further mapping the Borssele offshore wind energy zone. The company will take measurements of wind and sea conditions, and to research the seabed. Fugro will start sho

about 11 years ago
Siem Offshore Q1 Profit Dips into Red
Business & Finance

Siem Offshore Q1 Profit Dips into Red

The Norwegian offshore and subsea shipping specialist, Siem Offshore, has released first quarter results showing operating revenues at USD 126 million, an increase of 33,5 per cent year on year. However, the company reported a net loss of USD 25.6 million compared to net profit of USD 17.9 million t

about 11 years ago
REF: Consented Renewables Capacity Exceeds Budget
Business & Finance

REF: Consented Renewables Capacity Exceeds Budget

Renewable Energy Foundation (REF) said yesterday that the overshoot of consented renewable energy projects in the UK has now grown even more, referring to its report from last year where it was noted that more capacity had been granted planning consent than it was needed to generate the electricity

about 11 years ago
Energy Workers Demand UK Content at Rampion OWF
Business & Finance

Energy Workers Demand UK Content at Rampion OWF

GMB, the UK union for energy workers, has commented on the announcement of the construction start early next year for the £1.3 billion Rampion offshore wind farm, urging the government and industry to push for more UK content on the project. Gary Smith, GMB National Secretary for energy, said: “Unle

about 11 years ago
Wales Gives EUR 13 Mln from EU Fund to Tidal Energy Company
Business & Finance

Wales Gives EUR 13 Mln from EU Fund to Tidal Energy Company

Marine energy company Minesto has been awarded a 13 million Euros investment from the European Regional Development Fund through the Welsh Government. The funding is part of the commercial roll out, including the establishment of Minesto UK Headquarters in North Wales and commissioning of the first

about 11 years ago
RCG Boosts North American Team
Business & Finance

RCG Boosts North American Team

The Renewables Consulting Group (RCG) has named Doug Pfeister as a Director and Co-Regional Head for North America, based out of the company’s office in New York City. This addition to the RCG team underscores the firm’s focus on the U.S. renewable energy sector. Pfeister is working with a team of s

about 11 years ago
Offshore Projects to Consolidate Natural Power’s Presence in France
Business & Finance

Offshore Projects to Consolidate Natural Power’s Presence in France

Thierry Ripoche has been appointed as Managing Director of Natural Power France, following his five year tenure as Director of Construction and Due Diligence at the company’s Nantes office. This appointment will support the development of Natural Power’s business in France, where it currently operat

about 11 years ago
Clean Energy Council to Award Innovation and Community Engagement
Business & Finance

Clean Energy Council to Award Innovation and Community Engagement

The Clean Energy Council (CEC) has called on the best in the business when it comes to innovation and community engagement to nominate for the Clean Energy Council Awards, to be presented at the Australian Clean Energy Summit in Sydney in July. The awards recognise those companies that have demonstr

about 11 years ago
Statkraft to Invest EUR 10 Mln Annually in Energy Start-Ups
Business & Finance

Statkraft to Invest EUR 10 Mln Annually in Energy Start-Ups

Statkraft has established a venture capital unit. Statkraft Ventures GmbH will invest up to 10 million EUR per annum in energy related start-ups. Dr Matthias Dill has been appointed as the unit’s managing director. “Statkraft has been a relevant player in shaping the rapid change of energy markets a

about 11 years ago
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