The States of Guernsey have prepared draft secondary legislation (an Ordinance) for public consultation under the Renewable Energy (Guernsey) Law 2010. The aim of the Ordinance is to enable effective development of offshore renewables (such as offshore wind, tidal and wave energy) in Guernsey at the
Intervale Capital has signed a definitive agreement to sell Proserv Group Inc. to Riverstone Holdings LLC (“Riverstone”), an energy and power-focused private equity firm with over $27 billion of committed capital. As part of the transaction, Riverstone Global Energy and Power Fund V, L.P., in partne
The Joint Parliamentary Committee yesterday cleared the way for the multi-million pound Able Marine Energy Park (AMEP) on the South Bank of the Humber, UK. Able UK’s Executive Chairman Peter Stephenson said that this is brilliant news for the company, region, the UK and the job opportunities that it
At the European Council meeting in Brussels, the EU Heads of Government have agreed a landmark deal on climate and energy targets for 2030. The framework includes targets for greenhouse gas reduction, more renewable energy and increased energy efficiency, as well as a commitment for greater intercon
Nantes – Saint-Nazaire Port Authority (Grand Port Maritime (GPM) de Nantes Saint-Nazaire) is eyeing opportunities in the offshore wind industry, which is yet to come to France. The port authority is looking for contractors to carry out port civil engineering work, aiming to ensure the design and und
EU Heads of State today agreed upon a climate and energy framework, which fails to provide industrial leadership for Europe. The framework’s new targets for greenhouse gas emissions, renewable energy and energy efficiency will do little to capitalise on the security, employment and export potential
WindManShip has launched a new office in Amsterdam, The Netherlands. Christopher Grock, as the local representative and Business Development Manager for WindManShip in the Netherlands, is currently expanding the capacity with local content around it’s project base. “This establishment is an importan
Eolien Maritime France, a subsidiary of EDF EN and Dong Energy, is looking to award contracts for the manufacturing and additional construction work of foundations for two proposed offshore wind farms off the French coast. Some 75 monopiles and associated transition pieces will be needed for the Cou
Red7Marine Offshore, air diving provider based in Great Yarmouth and Aberdeen, will add saturation diving to its wide range of offshore and subsea services to the oil & gas and renewables markets with diving support vessel Red7Alliance. Capable of working worldwide, the vessel will operate from the
Driven by increasing annual installations, the global capacity of wind turbines using gearboxes is set to rise from approximately 27 Gigawatts (GW) in 2013 to 44.7 GW by 2020, according to research and consulting firm GlobalData. The company’s report states that China overtook the US in 2009 to beco
Marine Power Systems (MPS), a Swansea-based company that is developing technology designed to capture the energy from ocean waves, has expanded its intellectual property (IP) to ensure its cutting edge innovations are protected around the world. The IP applies to Sea State Tuning, a revolutionary sy
Malaysia started to actively eye offshore renewable power, according to the country’s media reports saying that Green Power Solutions, based in Malaysian state of Sabah, recently signed a Memorandum of Understanding (MoU) with Current2Current International. The two partners plan to develop a 10MW ti
Pronomar has received a new order from the Dutch established company Heerema Marine Contractors. Heerema placed an order for Pronomar’s drying systems for its deepwater construction vessel, the ‘Thialf’. The ‘Thialf’ is equipped with the following two applications: • Multipurpose drying systems for
K2 Management has announced that it is currently performing technical due diligence on four continents, as investors and developers want to be absolutely sure that their money is well spent before investing. Central Europe For a US-based developer, K2 Management is investigating three Central Europe
