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Business & Finance

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GDF SUEZ to Double Clean Energy Capacity by 2025, Focus on Marine Renewables
Business & Finance

GDF SUEZ to Double Clean Energy Capacity by 2025, Focus on Marine Renewables

GDF SUEZ yesterday announced that it plans to double its renewable energy generation capacity in Europe from 8GW recorded in mid-2014 to 16GW by 2025. The company said that it will especially focus its business on marine renewable sources. At the moment, most of GDF’s renewable operations are within

about 11 years ago
LOC Appoints Marine Assurance and Risk Group Director
Business & Finance

LOC Appoints Marine Assurance and Risk Group Director

LOC Group Ltd (London Offshore Consultants) – a leading global marine engineering consultancy – has appointed Andrew Pointing into the newly created role of Group Director, Marine Assurance and Risk. This new position is part of an ongoing restructuring process which sees LOC creating a number of gr

about 11 years ago
KIC InnoEnergy Issues ‘Top 10 Energy Innovators in 100 Energy Priorities’ Report
Business & Finance

KIC InnoEnergy Issues ‘Top 10 Energy Innovators in 100 Energy Priorities’ Report

KIC InnoEnergy has published, together with Questel Consulting, a unique report on innovation to provide an in-depth understanding of the global competitive energy landscape. The Top 10 Energy Innovators in 100 Energy Priorities report is the first to identify and rank the top industry and academic

about 11 years ago
WPD’s Wind Energy Capacity Exceeds 1GW
Business & Finance

WPD’s Wind Energy Capacity Exceeds 1GW

By the end of 2014, WPD AG had increased its own range of wind farms to a total capacity of 1,061 megawatts. This makes the mid cap company with its head office in Bremen one of the leading wind farm operators in the German and European markets. The wind farms are mainly in Germany and selected [&he

about 11 years ago
BMT Nigel Gee Gets New Business Development Manager
Business & Finance

BMT Nigel Gee Gets New Business Development Manager

BMT Nigel Gee (BMT) has appointed Jason Steward as Business Development Manager. Jason’s new role at BMT will see him support the continued expansion of the business in both new and existing markets delivering design and engineering services within the Commercial, Offshore Energy, Defence and Yacht

about 11 years ago
Deep BV to Investigate Seabed at Borssele Wind Farm Zone
Business & Finance

Deep BV to Investigate Seabed at Borssele Wind Farm Zone

Deep BV, a Dutch company specializing in hydrography, geophysics and oceanography, has been awarded a five-year framework agreement to undertake geophysical soil investigations for offshore wind farm zones in the Netherlands. Furthermore, the company has sealed the deal for its first job within the

about 11 years ago
Siemens, Bernhard Schulte Sign Deal for Two New SOVs
Business & Finance

Siemens, Bernhard Schulte Sign Deal for Two New SOVs

Siemens has signed a chartering agreement with ship owner Bernhard Schulte for two new service operations vessels (SOV) to be purpose-built for the long-term service and maintenance operations of the Gemini and Sandbank/Dan Tysk offshore wind power plants in the North Sea. Officials from Siemens and

about 11 years ago
RWE Cuts Renewables Budget
Business & Finance

RWE Cuts Renewables Budget

German utility, RWE, has slashed its renewables investment plans to EUR 1 billion from 2015 to 2017, having invested the same amount between 2008 and 2014. This move comes after the company’s debt reached EUR 31 billion due to crisis in the power sector. Hans Buenting, chief executive of RWE Innogy,

about 11 years ago
Dalby Advancing with Endeavour Wharf Developemt
Business & Finance

Dalby Advancing with Endeavour Wharf Developemt

Dalby Offshore Services is working with Scarborough Borough Council to promote the Borough – and the ports of Whitby and Scarborough in particular – as a location to establish offshore wind operations and maintenance activity. Following an open tender process, Dalby Offshore Services Limited were id

about 11 years ago
France Offers EUR 425 Mln to Industrialize Several Projects
Business & Finance

France Offers EUR 425 Mln to Industrialize Several Projects

French Economy Minister Emmanuel Macron has announced the creation of an investment fund worth EUR 425 million to support projects, including those in renewable energy sector, with an aim to accelerate their transition from experimental to the industrialization stage. The fund aims to support the co

about 11 years ago
USA Allocates USD 8 Mln for Marine Renewables
Business & Finance

USA Allocates USD 8 Mln for Marine Renewables

The U.S. Energy Department has announced $8 million in available funding to spur innovation in next-generation marine and hydrokinetic (MHK) control and component technologies. In the United States, waves, tides, and ocean currents represent a largely untapped renewable energy resource that could pr

about 11 years ago
Wind Energy Uncertainty Forces Businesses to Exit, Says Report
Business & Finance

Wind Energy Uncertainty Forces Businesses to Exit, Says Report

FTI Consulting, Inc., the global business advisory firm, released latest renewable energy publication, Global Wind Supply Chain Update 2015. This report is part of a series of data-driven publications evaluating competitive markets, policy, finance, technology and business models across the energy s

about 11 years ago
NT Offshore Expands into Offshore Cable Industry
Business & Finance

NT Offshore Expands into Offshore Cable Industry

NT Offshore, specialised in services to the maritime industry, offshore renewables and the oil & gas industry, has expanded into offshore cable industry. New activity is called NTO Nordic, meaning all operational equipment to perform Route Clearance (RC)/Pre-lay grapnel run (PLGR) has been acquired

about 11 years ago
Ming Yang’s Subsidiary Repays EUR 136 Mln Notes
Business & Finance

Ming Yang’s Subsidiary Repays EUR 136 Mln Notes

China Ming Yang Wind Power’s subsidiary, Guangdong Mingyang Wind Power Industry Group Co., Ltd. (GMWP), has successfully repaid its EUR 136 million (RMB 1.0 billion) notes in full on time. The total payments of the principal amount and interests with respect to the Notes were approximately EUR 171.4

about 11 years ago
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