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Business & Finance

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Principle Power Merges with MI&T
Business & Finance

Principle Power Merges with MI&T

Principle Power, Inc. has merged with Marine Innovation & Technology (MI&T), an offshore engineering consulting firm and long time partner of Principle Power in the development of the WindFloat technology. The merger of MI&T and Principle Power ensures that all the know-how and key staff members res

about 11 years ago
Siemens Wind Q1 Orders Drop 42 Pct
Business & Finance

Siemens Wind Q1 Orders Drop 42 Pct

Siemens Wind Power and Renewables division marked divers first quarter of 2015 with higher revenue and drop in orders. The revenues grew 12 per cent comparing to the same period last year amounting to EUR 1.5 billion. Siemens CEO, Joe Kaeser, said the increase comes as a result of strong performance

about 11 years ago
TenneT Seeks Offshore Wind Farm Services
Business & Finance

TenneT Seeks Offshore Wind Farm Services

TenneT TSO GmbH has invited tenders for offshore wind farm services as part of authorisation for planning approval process, divided into: engineering, environmental professional planning, and project coordination. The required services throughout the planning approval process for an offshore wind po

about 11 years ago
Vattenfall Requires Painting Work at DanTysk
Business & Finance

Vattenfall Requires Painting Work at DanTysk

Vattenfall is looking for a contractor who will carry out paint repair works on transition pieces (TPs) of DanTysk offshore wind turbines. The work includes surface preparation and painting of all the damaged areas on each of the foundation structures (TPs). Also, the contractor shall deliver the re

about 11 years ago
RWE’s Safety Manager Appointed as CWind’s Global Head of SHEQ
Business & Finance

RWE’s Safety Manager Appointed as CWind’s Global Head of SHEQ

CWind has created a new role in business to ensure that it continues to develop and maintain the highest levels of Safety, Health, Environmental and Quality (SHEQ) as it expands its global footprint. Mr Kevin ‘Pat’ Paton has been appointed to the role of Global Head of SHEQ, making him responsible f

about 11 years ago
3sun Recruiting Technicians in Denmark
Business & Finance

3sun Recruiting Technicians in Denmark

3sun Group has launched a recruitment drive from its Danish entity, as part of the Group’s strategy to increase its international footprint. Commenting on the evolution of 3sun Group, CEO Graham Hacon, said: “As we continue to grow globally, it is important that we remain strategically placed within

about 11 years ago
Floating Power Plant Moves Its Business Forward
Business & Finance

Floating Power Plant Moves Its Business Forward

Following the fast progression of three international commercial projects and the recent success of the combined wind and wave scaled testing of the commercial P80 design, Floating Power Plant (FPP), a Danish company developing combined wind and wave system, has launched a new share emission. Floati

about 11 years ago
Offshore Wind Leaders Ask for Certainty
Business & Finance

Offshore Wind Leaders Ask for Certainty

Talk of long-term funding dominated the agenda item at Scottish Renewables’ Offshore Wind and Supply Chain Conference last week, as the sector stands poised for the results of CfD deliberations this month. Discussions about the future of the sector were prompted in part by the upcoming decision on t

about 11 years ago
ORE Catapult Appoints New Finance Director
Business & Finance

ORE Catapult Appoints New Finance Director

The Offshore Renewable Energy (ORE) Catapult has welcomed Andrew Walls C.A to its senior management team as Finance Director. Walls trained with the global firm PricewaterhouseCoopers, working with both private and public sectors delivering audit, financial diligence and consultancy assignments for

about 11 years ago
Fugro Tackles Subsea Challenges
Business & Finance

Fugro Tackles Subsea Challenges

The importance of having a variety of capabilities in subsea services is the focus of a new campaign by Dutch geo-services company Fugro. Every two weeks throughout the remainder of 2015, Fugro Subsea will spotlight a different challenge faced by companies that develop, install and operate seabed as

about 11 years ago
Weserwind Files for Bankruptcy
Business & Finance

Weserwind Files for Bankruptcy

German steel construction company, Weserwind, filed for bankruptcy yesterday, that will affect 370 employees. According to Nordsee-Zeitung , Weserwind parent company, Georgsmarienhütte, stoped payments for high loss making subsidiary which led to this outcome. It is “no longer economically feasible

about 11 years ago
Cape Wind Suspended from New England Market, Loses Two Land Deals
Business & Finance

Cape Wind Suspended from New England Market, Loses Two Land Deals

What was set out to be the US first offshore wind farm raised more doubt in the last week. The 468-MW Cape Wind project off the coast of Massachusetts has been suspended from participating in New England’s wholesale electricity markets by ISO New England. A New England ISO spokeswoman said: “In gene

about 11 years ago
All Businesses Have Important Role, Says SSE
Business & Finance

All Businesses Have Important Role, Says SSE

SSE took part in Scotland’s largest offshore wind and supply chain conference organised by Scottish Renewables. The conference in Aberdeen saw more than 800 people come together to discuss the future of Scotland’s offshore wind industry and the opportunities it presents for businesses. Sandy Biggar,

about 11 years ago
GDG Dives Deeper into Offshore Renewables Industry
Business & Finance

GDG Dives Deeper into Offshore Renewables Industry

Gavin and Doherty Geosolutions Ltd. (GDG), a specialist geotechnical engineering consultancy, has successfully completed Stage 1 of foundation testing for OpenHydro’s tidal turbine project. GDG is exploring the interaction of the structure’s vertical self-weight and the horizontal environmental load

about 11 years ago
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