Business & Finance
Siemens SOV Fleet Growing
Over the summer, several hands contributed to put Siemens’ service operation vessels (SOVs) into shape. The first SOV hull has been built at the Cemre shipyard in Turkey. It arrived at the Havyard shipyard in Norway in August – its final building site. Soon, the first SOV will be ready for docking o
Carbon Trust in Need of Offshore Wind Consultancy Services
The Carbon Trust, through its Offshore Wind Accelerator (OWA) programme, has issued a call for entries from companies interested to undertake a study aimed to assess the benefits of Integrated Design in a FEED level ‒ Front End Engineering and Integrated Design (FEEDID). The primary objectives of th
TenneT Clearing Path for DolWin3 Connection
The planned DolWin3 offshore submarine cable connection is a DC power transmission link of approximately 42 km. The starting point will be north of the island of Borkum, Germany. The route is within the German EEZ with the final destination at substation DolWin Gamma. The grid operator is inviting t
Tribute Resources Forms New Corporation Focused on Tidal Energy
Tribute Resources Inc. has established a new corporation called International Marine Energy Inc. (IME). IME has acquired the interests of Tribute in Western Tidal Holdings (WTH). It is the intent of Tribute to develop all further tidal power projects in Canada and internationally within IME. IME is
Offshore Vessels and Cables Market 2020 Analysis Released
ReportsnReports.com added Offshore Vessels and Cables Market – Market Size, Competitive Landscape and Key Country Analysis to 2020 research report to its store. The industry research provides an understanding of the type of vessels required for offshore wind farm development and highlights major tre
Trawlercat, Tuco Marine Seek Partner for Carbon Fibre CTV
Trawlercat Marine Designs (TMD), a Canadian designer of power catamarans for workboat industries, is seeking a Partner(s) to fund their prototype 25m x 10m carbon fibre composite Carbon-Cat Offshore Wind Farm Crew Transfer Vessel (OWF CTV). The vessel will be built by TMD’s build partner, Tuco Marin
Climate Change Investment Plunges Second Year in a Row
Global investment in activities that reduce the threat of climate change fell for the second year in a row from USD 359 billion in 2012 to USD 331 billion in 2013. Climate Policy Initiative’s Global Landscape of Climate Finance shows that while public sources and intermediaries contributed USD 137 b
Offshore Wind Developers to Face Financing Problems, Moody’s Says
While recent growth in offshore wind capacity and plans for future expansion to meet EU renewable energy targets are fuelling demand for credit in the sector, the assets come with distinct challenges for investors, says Moody’s Investors Service in a Sector In-Depth report published recently. “A new
CLS Offshore Hull Division Picks General Manager
David Scott has joined CLS Offshore as General Manager for the company’s Hull Division. David comes to CLS with over 20 years of international experience in the oil and gas exploration and production (E&P) sectors, at both technical and managerial levels. He joins CLS from The IBS Group, a large mul
WERPO Continues Wave Energy Development in China
Blackbird International Corporation’s fully owned affiliate , Wave Electricity Renewable Power Ocean (WERPO), has received the rights for all of SDE Ltd’s technological property, patents, expertise and contracts thus taking control of SDE’s endeavors in China. It has been authorized to further work
Areva Shares Drop after Ditching Financial Targets
The French nuclear energy giant, Areva, has ditched its financial outlook for 2015 and 2016 on Tuesday. As a result, Areva shares plunged about 15% the next day in Paris while shareholders tried to ditch the stock due to uncertainties. The state-owned group blamed slow of its Japanese reactors after
Global 100% RE & ICLEI Join Forces
The Global 100% RE campaign, co-initiated by WWEA, and ICLEI-Local Governments for Sustainability (ICLEI) have signed an agreement to jointly facilitate and foster the progress towards 100% Renewable Energy among local governments around the globe. The partnership is aimed at speeding up the transit
FSP Moves into Offshore Wind Industry
Fabweld Steel Products (FSP) is making moves to capitalise on the lucrative offshore wind sector, believed to be worth up to £15 billion in the UK alone. Best known for its innovative access covers for road, rail and major infrastructure projects, FSP has already this year made moves in to the bioma
Fred. Olsen Windcarrier Takes On Another OW Deal in U.S.
The Lake Erie Energy Development Corporation (LEEDCo) announced today that experienced wind turbine installation firm Fred. Olsen Windcarrier AS is joining the development team for Project Icebreaker, an offshore wind demonstration project in Lake Erie. Fred. Olsen Windcarrier, based in Oslo, Norway