Business & Finance
Able Condemns ABP’s Try to Block AMEP
The move by Associated British Ports to launch another attempt to block the Able Marine Energy Park on the south bank of the Humber has been described by the project developers as showing ‘a blatant disregard for the planning process, for Parliament, the overwhelming views of the local community–and
East of England Has Much to Offer to Offshore Wind Industry
Major international energy companies remain enthusiastic about wind farm prospects off the East of England coast despite recent setbacks like the shelving of the Galloper project off Suffolk. That was the message from James Gray, inward investment director for EEEZ (the East of England Energy Zone),
French, Scottish Firms Team Up to Accelerate Marine Renewables Development
French company Open Ocean SAS and Orkney-based Aquatera Ltd. have committed to working together to support the acceleration of marine renewable energy developments in France. Jérôme Cuny (CEO, Open Ocean) and Gareth Davies (MD, Aquatera) signed a Memorandum of Understanding at the recent Internation
Statkraft to Invest EUR 1.13 Bln in Renewables
The Norwegian Government has proposed to strengthen the equity in Statkraft SF with NOK 10 billion (EUR 1.13 billion). This will be achieved through an equity contribution of NOK 5 billion (EUR 5.68 billion). The remainder of the strengthening will be realized through reductions in future dividends.
Parcom Invests in Barge Master
Parcom Capital and the management team of Barge Master announced today that agreement has been reached on the participation of Parcom Capital as majority shareholder and investor in Barge Master Holding B.V. Barge Master is active in the field of motion compensation technology for the maritime and o
Enercast Secures Funds for Company Growth
Kassel-based enercast GmbH, provider power forecasts for wind farms and solar energy plants, has secured the financing of its rapid expansion. Under the leadership of Innogy Venture Capital, the investors made additional capital commitments in the low single-digit million euro range. The reliable an
Tribute Resources Sells Half of International Marine Energy Inc.
Tribute Resources Inc. (Tribute) has sold a 50% interest in International Marine Energy Inc. (IME) to Mark and Chad Himmelspach and related entities (collectively referred to as “Himmelspach”). IME is now owned 50% by Tribute and 50% by Himmelspach. IME has acquired the interests of Tribute in Weste
Blade Dynamics Awarded GROW Funding
Blade Dynamics has announced the award of Process Technology Innovation Funding under the GROW:OffshoreWind program for a £1m Advanced Blade Tip development project, due for completion in Q2 2015. The performance of offshore wind turbine blades in their challenging operating environment is one of th
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
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
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
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
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
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