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Business & Finance

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DEA Publishes Final Tender Material for Horns Rev 3
Business & Finance

DEA Publishes Final Tender Material for Horns Rev 3

The Danish Energy Agency (DEA) published the final contract material for the concession to build and operate the Horns Rev 3 offshore wind farm on Friday, following the final approval from the parties behind the Energy Agreement from 2012. The deadline for bids for the 400MW Horns Rev 3 is February

about 11 years ago
Administrators Set Pelamis Closing Date
Business & Finance

Administrators Set Pelamis Closing Date

Interested parties have until 10:30am on Tuesday to submit their offers for Pelamis Wave Power Limited’s business and its assets. Mr Nimmo, head of restructuring at KPMG in Scotland, said: “We have been encouraged by the level of initial interest in Pelamis and we believe there is the will and desir

about 11 years ago
Offshore Wind Wise Investment for North Carolina
Business & Finance

Offshore Wind Wise Investment for North Carolina

The carbon pollution from five coal plants could be eliminated in North Carolina if wind power is developed off the North Carolina coast, according to a new analysis by Environment North Carolina Research and Policy Center. The report comes right as Congress considers whether to renew tax credits cr

about 11 years ago
Offshore Wind to Expand in Maryland over Next 15 Years
Business & Finance

Offshore Wind to Expand in Maryland over Next 15 Years

The carbon pollution from two entire coal plants could be eliminated in Maryland if wind power supplied 30 percent of the nation’s electricity needs, according to a new analysis by Environment Maryland. The analysis comes just as Congress considers whether to renew tax credits critical to wind devel

about 11 years ago
Wanted: Offshore Terminal Bremerhaven Operator
Business & Finance

Wanted: Offshore Terminal Bremerhaven Operator

German Federal Land of Bremen has initiated a tender procedure to find an operator for the Offshore Terminal Bremerhaven (OTB). “This is a further important step towards realisation of our new heavy-lift terminal for the wind energy sector,” says Martin Günthner, Bremen’s Senator for Economic Affair

about 11 years ago
AWS Truepower Buys Windographer Software
Business & Finance

AWS Truepower Buys Windographer Software

Continuing its strategy of creating and delivering exceptional wind analysis and development tools, AWS Truepower, LLC, an international leader in renewable energy consulting and information services, has purchased the Windographer software from Mistaya Engineering, Inc. Windographer is the market-l

about 11 years ago
Government Backs Offshore Wind and Tidal Energy
Business & Finance

Government Backs Offshore Wind and Tidal Energy

Chancellor George Osborne has issued the Autumn Statement which sets out the next stage of the government’s long-term economic plan. According to the document the government is working to bring private capital into the Green Investment Bank through a new fund for private investment in operational of

about 11 years ago
Former Areva CEO Luc Oursel Dies
Business & Finance

Former Areva CEO Luc Oursel Dies

Areva has announced its former president and CEO, Luc Oursel, has died. Oursel resigned last month due to health reasons, but noted he will remain available in order to ensure the best possible transition. In a press statement Areva said: “All of our thoughts are with his wife, his children and his

about 11 years ago
Aquamarine Power to Scale Down Its Business
Business & Finance

Aquamarine Power to Scale Down Its Business

Wave energy company Aquamarine Power has announced plans to downsize its business. Commenting on the news, Aquamarine Power Chief Executive Officer John Malcolm said: “Following a strategic review the Board of Aquamarine Power has decided to significantly downsize the business. “This will involve re

about 11 years ago
CG Appoints New Executive Vice-President
Business & Finance

CG Appoints New Executive Vice-President

Avantha Group Company CG has appointed Mr. Jean-Michel Aubertin as Executive Vice-President and President of Power Business Unit. Aubertin will also be a member of CG’s Executive Committee. Jean-Michel joins CG with an extensive experience of the global electrical market, having spearheaded business

about 11 years ago
France: Offshore, Floating Wind Tenders Scheduled for 2015
Business & Finance

France: Offshore, Floating Wind Tenders Scheduled for 2015

French Minister of Ecology, Sustainable Development and Energy, Ségolène Royal, has announced that the country will launch its third offshore wind tender next year. In yesterday’s speech, Royal did not reveal what capacity will be offered, but did note the tender process will be replaced by a “compe

about 11 years ago
Wales Decalres Tidal Lagoons as Good Option
Business & Finance

Wales Decalres Tidal Lagoons as Good Option

The 2014 Project Pipeline Update to the Wales Infrastructure Investment Plan notes the potential for tidal lagoons to bring up to £5bn of private sector investment to Wales. The Swansea Bay Tidal Lagoon has also been named in the National Infrastructure Plan 2014, published by HM Treasury ahead of t

about 11 years ago
Interconnectors to Take Part in Capacity Market from 2015
Business & Finance

Interconnectors to Take Part in Capacity Market from 2015

Interconnectors linking Britain to Belgium will be able to participate in the second four-year-ahead Capacity Market auction in 2015, which will ensure a secure energy supply in the winter of 2019/2020 from a diverse range of energy sources. Improving UK connection to Europe’s energy markets means t

about 11 years ago
OpenHydro’s French Tidal Turbines to Come Online in Three Years
Business & Finance

OpenHydro’s French Tidal Turbines to Come Online in Three Years

Following a comprehensive process of Expressions of Interest and the resulting recommendation by the French Environment and Energy Management Agency (ADEME), the French Prime Minister has selected DCNS (OpenHydro parent company) and EDF Energies Nouvelles for the development of pilot tidal turbine a

about 11 years ago
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