The Rt Hon Ed Davey, Secretary of State for Energy & Climate Change, today joined Siemens global executives to mark ground-breaking on wind turbine manufacturing and assembly facilities in Hull. Mr Davey visited Hull’s Alexandra Dock to celebrate the beginning of construction on the site where Sieme
Gavin and Doherty Geosolutions Ltd. (GDG) and ACCIONA Infrastructures will present some preliminary findings from LEANWIND during the EWEA OFFSHORE 2015 event in Copenhagen. The paper will address the global performance of various existing concepts of gravity based foundations in terms of buoyancy a
Following an early completion of the Contracts for Difference (CfD) appeals from unsuccessful applicants, UK government has moved up the schedule for the first allocation of the subsidy scheme. Low Carbon Contracts Company, owned by the Department of Energy and Climate Change (DECC), announced the s
Suzlon Group today signed a binding agreement with Centerbridge Partners LP, USA to sell 100% stake in Senvion SE, a wholly owned subsidiary of the Suzlon Group. The deal is valued at EUR 1 billion equity value in an all cash transaction and future earn out of up to an additional EUR 50 million. The
The number of offshore-related sea ships mooring in the Port of Den Helder rose in 2014 to 2,776, representing a 7 % growth compared to 2013. These numbers were revealed in the annual report of the Port of Den Helder. “Thanks to sound agreements with the offshore companies, the fishery sector and th
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the wind sector for 2014. Global venture capital (VC) funding in the wind sector decreased to $311 million in 2014 compared to $455 millio
The European Commission has given their blessing to the acquisition of the assets of TAG Energy Solutions Limited by a newly created joint venture controlled by Bladt Industries A/S of Denmark and EEW Special Pipe Constructions GmbH of Germany. Last year the joint venture decided to invest in former
WERPO, a wave energy technology specialist, has signed an agreement with Beijing Capital Group (BCG), who will exclusively represent WERPO in China. Shmuel Ovadia, director at WERPO and inventor of its proprietary sea wave energy technology, stated: “China is one of WERPO’s strategic locations, both
Following the recent vote at the European Parliament that calls for a macro-regional strategy for the North Sea, the European Commission is organising a Workshop on “Regional cooperation on energy and maritime spatial planning in the North Sea” that will be held in Edinburgh (UK) on 29th January. Th
Port Authority Zeehaven IJmuiden N.V. has constructed three new boat landings for MHI Vestas Offshore Wind and Eneco, as a response to the major increase in the transport of the two companies’ maintenance crews and staff to and from their offshore wind farms. These new boat landings make it easy and
IDEOL has secured over 10M€ in funding this last December in order to finance its accelerated domestic and international growth. Three new investment funds (HPC CAPITAL, PACA INVESTISSEMENT and CPG) as well as three existing shareholders (the DEMETER 3 AMORCAGE Fund, the Emergence INNOVATION 1 Fund
Chinese cable manufacturer Ningbo Orient Wires and Cables Co Ltd, has won a contract to deliver subsea cable for a 400MW offshore wind project off Putian, China. The contract is worth CNY 122.46 million (approximately EUR 17 million) and involves the production and delivery of a 220kV submarine opti
Twelve French and English partners of the European project Channel Marine Offshore Renewables (MOR) will present the results of their work at the project’s final conference on 29 January in Norwich. Channel MOR is a cluster set up to encourage small and medium-sized enterprises (SMEs) in the Channel
A private equity arm of the Egyptian investment bank EFG Hermes has acquired a 49% stake in EDP Renewables France for EUR 160 million. EDP Renewables France is a subsidiary of EDPR (Energias de Portugal Renovaveis) and has a portfolio of 33 operational wind farms with a combined capacity of 334 MW t
