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
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
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
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
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
Atlastitan Backs TenneT’s Offshore Connections
Atlastitan has been contracted by TenneT Offshore GmbH to assist it in the commissioning of German offshore grid connection systems. The business activities of Atlastitan comprise logistics, commercial and technical support. Atlastitan has been entrusted with the planning and implementation of machi
GeoSea Completes Acquisition of HOCHTIEF’s Offshore Assets
Mid October 2014, DEME’s marine foundations specialist GeoSea announced the upcoming acquisition of offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. The financial close of the transaction has now been achieved. HOCHTIEF sold all its offshore assets to marine c
KIC InnoEnergy Launches Tool for Predicting Innovation Impact on Cost of Energy
KIC InnoEnergy has launched Delphos, a revolutionary online tool, which is now available on KIC InnoEnergy website. Delphos aims to make it easier for innovators to bring products to market by predicting the impact that innovation will have on the cost of energy. Currently available for innovations
Granada Material Handling Wins Another Dudgeon OWF Contract
Smulders has awarded a major contract to Granada Material Handling Ltd (GMH) to design, manufacture, deliver and commission 67 davit crane units for the Dudgeon Offshore Wind Farm. One ‘Python’ crane unit will be fitted to each of the 67 transition piece platforms. Mark Sidwell, director of Granada
Rampion Go-Ahead Secures Largest Ever Order for MHI Vestas
MHI Vestas Offshore Wind has received the largest order in the companies’ history for the 400 MW Rampion offshore wind power plant in the UK. The order comprises 116 V112-3.45 MW wind turbines and a full scope service contract. Installation of the 116 wind turbines will commence in the first quarter
E.ON Confirms Investment Decision for EUR 1.9 Bln Rampion OWF
Today, E.ON confirmed the investment decision for the Rampion Offshore Wind Farm in the UK. The total investment is approximately EUR 1.9 billion. The UK Green Investment Bank plc (GIB) has acquired a EUR 327 million stake in the project. The project is located in the English Channel, 13 kilometers
UK Fishermen Concerned over OWF Impact on Lobster
As fishermen in East Yorkshire are preparing to go back fishing at Westermost Rough after a two-year ban due to the offshore wind farm construction, they are worried about the quantity of lobster they will find within the area. The area alone used to provide 15% of the annual lobster catch in the UK
Australia to Remove RET Review
Confirmation today that the Australian Federal Government will remove the legislated reviews of the Renewable Energy Target (RET) should clear the way for a deal to be done and return much-needed investment confidence to the Australian renewable energy sector, the Clean Energy Council said. Namely,
Teco Electric, CSMC Form Offshore Wind Joint Venture
On May 13, Taiwanese company Teco Electric and Machinery and China Steel Machinery (CSMC) have signed an agreement to set up a joint venture dedicated to offshore wind energy. The primary task of the joint venture is to use TECO’s wind power generating technology and CSMC’s steel construction expert