Business & Finance
BCG to Represent WERPO in China
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
EU to Hold Workshop on North Sea Energy and Maritime Spatial Planning
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
MHI Vestas, Eneco Get Their Own Boat Landings in IJmuiden
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 Raises EUR 10 Mln for Floating Wind Development
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
Ningbo Orient Cables Wins Chinese Offshore Wind Deal
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
UK, France Cooperate on Channel Marine Offshore Renewables
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
Egyptian Investment Bank Buys 49% of EDP Renewables France
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
Auxilium Offshore Moves to New Office
Auxilium Offshore has started the new year in a new office, in the city of Zaltbommel, situated centrally in the Netherlands. Zaltbommel is known for its rich history and well-preserved, picturesque city centre along the Waal River, which is one of Holland’s most important and busiest shipping route
MERIKA Finds New Partners Overseas
The recent International Conference on Ocean Energy (ICOE) in Halifax, Canada provided members of the EU-funded MERIKA project with the opportunity to form new partnerships with researchers and institutions on the other side of the Atlantic. MERIKA, run by the University of the Highlands and the Isl
Global Wind Power Investments to Reach USD 101 Bln by 2020, Says GlobalData
Global wind power installed capacity is set to rise from approximately 364.9 Gigawatts (GW) in 2014 to 650.8 GW by 2020, increasing the demand for wind turbine components across the value chain, says research and consulting firm GlobalData. The company’s latest report states that due to future deman
Trump Comes Back to Court to Fight EOWDC
Donald Trump is going to fight European Offshore Wind Deployment Centre (EOWDC) again at the Scottish Court of Session, local media report. Following last year’s rejection by the court, Mr Trump’s team filed an appeal, which is scheduled to be heard tomorrow and on Thursday. The U.S. billionaire cla
Report on Global Wind Turbine Value Chain Available
ReportsnReports.com has added Global Wind Turbine Value Chain – Production, Market Share, Competitive Landscape and Market Size to 2020 industry research report to the energy and power section of its online business intelligence library. According to the wind power market and wind turbine industry r
Rent-a-Lidar: Dulas Acquires ZephIR 300 and ZephIR DM Devices
Dulas, a provider of bankable wind data, has confirmed plans to acquire ‘a fleet’ of ZephIR 300 and ZephIR DM’s to work as rental lidars to the UK and wider European market. This expansion adds to the company’s existing remote sensing business currently comprised of sodar measurement sensors. “Wheth
Two East of England Firms Win SCORE Funding
The SCORE (Supply Chain Innovation for Offshore Renewable Energy) programme continues to provide grant funding to innovative ideas coming out of the East of England to benefit the offshore renewable energy sector. The latest grant recipients have been announced as offshore and vessel support special