Business & Finance
MVDC Could Reduce Offshore Wind Costs, Study Says
At this year’s EWEA Offshore 2015 in Copenhagen, Gordon McFadzean represented TNEI where he was selected as a poster award winner in the “Grids” topic. His poster tackled Medium Voltage Direct Current technology for offshore wind farms. TNEI Services has been commissioned by Scottish Enterprise, whi
Incat Crowther Opens European Office
Incat Crowther has opened an office in Southampton, United Kingdom, to support a growing European client base and meet the demand for Incat Crowther’s products and services in the region. The company said that this is a result of a strong track record, robust and innovative vessel designs and consul
Global Clean-Energy Investment Down 15%
Global investment in clean energy was $50.5bn in the first quarter of 2015, down 15% from Q1 2014. According to Bloomberg New Energy Finance, the Q1 figures show that investment in Europe slipped 30% compared to first quarter 2014, to $9.7bn, while that in China fell 24% to $11bn. Investment in the
Ming Yang Appoints New Member to Board of Directors
China Ming Yang Wind Power Group Limited (Ming Yang), has appointed Jianren Wen to its board of directors. He will replace Song Wang who had served as an executive director since September 2010. Wang resigned as a member of the board and a senior vice president and left the Company in April for pers
Report on Tidal Energy Available at Research and Markets
Research and Markets has added the “Tidal Energy: Current Status and Future Outlook” report to its offering. This study provides a technology overview of the different tidal energy technologies currently available in the market and also technologies which are being developed currently. The study dis
Gardline Merges Geotechnical and Geophysical Services
Gardline has merged both the geotechnical and geophysical services into one company, Gardline Geosurvey Limited. This streamlining will better enable Gardline to provide more cost-effective and rapid-response services to the offshore energy sectors. This integration will affect commercial, operation
Shanghai to Host Offshore Wind China Event
Shanghai will play a host for Offshore Wind China conference and exhibition from 10th to 12th June 2015. Organised by Chinese Renewable Energy Industry Association, National Renewable Energy Center, and Shanghai International Exhibition Co., Ltd, the event will create a professional, high-effective
Scottish Enterprise Gives Up on Cockenzie Energy Park
Scottish Enterprise will not proceed with the development of its marine energy park at the former Cockenzie Power Station, located on the East coast of Scotland, the company said on its website. Scottish Enterprise’s Cockenzie “Energy Hub” would have included a deployment quay for offshore renewable
SMVG Joins Protean Crew
California-based San Marino Venture Group LLC (SMVG) has been engaged to support commercialisation of the Protean Wave Energy Conversion (WEC) technology in the US as part of the Company’s global commercialisation strategy. SMVG originates and manages deal flow with an emphasis on emerging technolog
Ming Yang Moves from Annual Loss to Profit
Chinese wind energy developer, China Ming Yang Wind Power Group Limited, has reported Q4 comprehensive income of USD 13 million comparing to the comprehensive loss of USD 2.1 million in the same period last year. Total revenue was up 268.8% totalling at USD 321.7 million “We are pleased with our per
Hanseatic Break Bulk: New Shipbroker and Tramp Agency
HBB Hanseatic Break Bulk GmbH has established the first Heavy Lift Agency of its kind, directly located on the banks of the river Elbe on 1 January 2015. André Milschus, the owner of HBB Hanseatic Break Bulk gave the order “Anchor up“ and set full speed ahead on course for Belgium, the Netherlands,
GROW Funds OMM Subsea Tech Development
Offshore Marine Management (OMM) has secured GROW:OffshoreWind funding to build an innovative subsea tool which will substantially reduce project costs and improve health and safety offshore. The new tool has been designed using OMM’s experiences of working offshore and its technology will bring sig
CCCC Bags Rudong OWF Foundation Job
CCCC Third Harbor Engineering Co., Ltd. has recently won the bid for the wind turbine foundation construction and auxiliary works construction and procurement of the 150MW offshore wind farm of China General Nuclear Power Corporation (CGN) in Rudong. The contract is worth CNY 538 million (approx. EU
Siem Offshore Contractors to Deliver Veja Mate’s Inner Array Grid
Siem Offshore Contractors GmbH (SOC), a wholly owned subsidiary of Siem Offshore Inc., has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the 400 MW Veja Mate Offshore Wind Farm. The contract is estimated to be worth more than EUR 1