Business & Finance
SSC Wind, Deutsche WindGuard Launch German Wind Academy
By signing a Letter of Intent (LOI), SSC Wind EMEA GmbH and Deutsche WindGuard have confirmed their cooperation in the field of education and training for the wind energy industry. At the site of Maritime Campus in Elsfleth, the “German Wind Academy” will offer comprehensive education and training o
Natural Power Appoints New Technical Director
Natural Power has appointed Lauren Wheatley as Director of Technical with a global remit. Wheatley has worked in the renewable energy industry since 2003, and brings extensive experience across all phases of site development including all aspects of wind resource assessment and asset performance. On
WERPO in Talks with Chinese Electrical Supplier
WERPO, together with Beijing Capital Group (BCG), is in discussions with one of the most important electric companies in China for the purpose of building a very large infrastructure for ocean powered generators to produce clean and efficient electricity. WERPO has initially proposed to build a 100
TenneT Issues EUR 1 Bln Green Bond
TenneT Holding B.V. yesterday launched and priced its inaugural Green Bond issue, a EUR 1 billion dual tranche (6 and 12 year) bond issue, each sized at EUR 500 million with coupons of 0.875% and 1.750% respectively with the support of five banks, HSBC Bank plc., ING Bank N.V., Royal Bank of Scotlan
Carillion Bags Rampion OWF Contract
Carillion has been awarded a contract to design, supply and install 160km of 150kV cable and associated jointing accessories for the Rampion offshore wind farm. The project will involve the installation of cable over a distance of approximately 26km from landfall near Shoreham on Sea to Bolney, West
ORIX Gets on Board Kashima Port Offshore Wind Project
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
Blue Water Shipping Handles 420 Tons of Siemens’ Prototype
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
Ming Yang Reports Lower First Quarter Profit
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
Granada Material Handling Scoops Gwynt y Môr Work
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 Takes Loss In Q1 2015
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
Sweden Grants EUR 2 Mln for Wave Energy System Inspired by Human Heart
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
EEEZ Promotes East of England’s OW Opportunities
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 Offshore Main Sponsor of WINDFORCE 2015
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
Nova Scotia: Two Local Firms Win Tidal Energy Deal
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