Business & Finance
WindManShip Opens New Dutch Office
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
EDF EN, Dong Energy Seek Contractors for Offshore Wind Foundations Work
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 Acquires New Diving Support Vessel
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
Gearbox Wind Capacity to Hit 45GW by 2020
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 Extends Its IP
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
Ocean Renewable Project Planned for Malaysia
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 to Supply ‘Thialf’ with Work-Wear Drying System
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 Conquers Four Continents
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
ZPMC Signs Wind Farm Installation Vessel Deal
Shanghai Zhenhua Heavy Industries (ZPMC) has signed a contract with CCCC Third Harbor Engineering for the construction of China’s most advanced wind farm installation vessel. The vessel with a 1000-ton capacity will be equipped with the latest jack up system developed by ZPMC. It will feature a hydr
Minesto Plans Expansion to South America
Minesto has signed a Letter of Intent with Green Elements, a Chilean company that will develop a commercial plan for Minesto in the South Pacific region of South America. The purpose for 2014 and 2015 is to identify possible sites for electricity production and develop commercially viable projects t
Mojo Celebrates 10th Anniversary
Mojo Maritime is celebrating the successful completion of 10 years in business, most of which has been focussed on the developing offshore renewable energy industry. The current Managing Director, Richard Parkinson, founded Mojo in Falmouth in late 2004 when he acquired the local vessel Portree 2. H
Market Outlook of Danish Wind Power Released
Research and Markets has announced the addition of the “Wind Power in Denmark, Market Outlook to 2025, Update 2014 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” report to their offering. The report provides in depth analysis on global r
Iberdrola Profit Dips, EBITDA Up
Iberdrola 9-month net earnings came to €1,831.4 million, down 19.5%, but Ebitda was up 1.4% at €5,211 million, reflecting solid operating performance during the quarter after a flat trend in the first six months. The results reflect solid operating performance in the businesses. The negative impact
New Jersey BPU Seeks Offshore Wind Consultancy Services
On October 15, the New Jersey Department of the Treasury issued a Request for Proposal (RFP) on behalf of the Board of Public Utilities (BPU), calling for consultancy companies to apply for the provision of offshore wind economic analysis and assistance with evaluation of proposals. The document sta