The Finnish company, AW Energy, announced it will invest EUR 25 million in wave energy project off Peniche coast. According to John Lilijelund, executive chairman of the company, the funds will be used for the construction, assembly and installation of 16 wave energy devices with total capacity of 5
Reportlinker.com announces that a new market research report is available in its catalogue: Wave and Tidal Energy Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020. Wave and tidal energy are methods of harnessing energy of oceans for power generation. Countries
Mats Leijon has taken over roles of Managing Director of Seabased Industry AB and President and CEO of the Seabased Group, thereby succeeding Billy Johansson. At the same time, Mats has also resigned as Chairman of the Board of both companies, being succeeded in these roles by Hans Bernhoff. Billy J
Austal delivered its eighth wind farm support vessel to UK-based Turbine Transfers Limited. The contract for the 21 metre catamaran was awarded in August 2013 and valued at approximately £2.3 million (A$3.9 million), with the vessel constructed at Austal’s Philippines shipyard. Austal Chief Executiv
The long-term financial viability of US offshore wind is as much dependent on the ability to rapidly secure early-stage construction wins, achieve energy generation success, and foster investor diversity, as it is on the completion on key auction wins and the steady progress towards of research- and
Offshore wind energy projects off the coasts of Rhode Island and Massachusetts are aiming to start construction next year and bring an energy source familiar in Europe to the U.S. for the first time, company executives said this week in Atlantic City at the industry’s major annual conference. “This
US Department of Energy decided to terminate the negotiations over the USD 1 million grant awarded to Ocean Power Technologies. The company accepted the decision without protest. The grant was awarded last year as part of Marine and Hydrokinetic System Performance Advancement programme aiming to imp
Reef Subsea has been awarded a contract with AREVA Wind GmbH to provide field support in the Global Tech I wind farm. The charter commences early October and is anticipated to continue until at least February 2015, with the option to extend the contract further. This significant project will utilise
Deepwater wind provided an update on their wind farm project off the coast of Block Island at AWEA Offshore Windpower 2014 event yesterday . Jeff Grybowski, CEO of Deepwater Wind said: “We are nine months away from the installation of our first foundations.” According to some media, Grybowski has ju
At the sixth Global Cleantech 100 Summit, held on October 6 in Washington D.C., E.ON was named Corporate Investor of the Year. The event was organized by the Cleantech Group, which conferred the award on the German energy company for its pacesetting investments in start-ups that develop and market e
Leading renewable energy consultancy, SgurrEnergy, has supported the project financing of Westermost Rough offshore wind farm to financial close. The project involved providing lenders’ technical advisory services to the commercial banks involved in the non-recourse financing of WMR JV Investco Limi
Jonathan Guest has been appointed to the Board of Harland and Wolff Heavy Industries Limited as Director of Fabrication. He will have total responsibility for developing and growing the Company’s business in this sector and for the successful execution of its projects. On completion of a three year
On October 2, the managing director of the subsea specialist ROVOP received a prestigious industry recognition after being named as the UK’s EY Entrepreneur of the Year 2014 for international business growth. Judges singled out Steven Gray from a shortlist of the nation’s most successful and innovat
Van der Vlist has recently invested in new equipment and increased its fleet for the transportation of these large structures. For wind turbine blades, Van der Vlist has purchased several Nooteboom trailers, which are able to extend in order to cope with blades that are up to 69m long on public road
