Business & Finance
US DoE Cuts OPT Funding
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 Engages in Global Tech I Construction
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
Block Island Construction Starts in 9 Months
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
Global Cleantech 100 Summit: E.ON Named Corporate Investor of the Year
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
SgurrEnergy Advises on 50% of Westermost Rough Financing
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
Harland and Wolff Strengthens its Board
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
Ernst & Young: ROVOP’s MD UK’s Entrepreneur of the 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 Invests in New Equipment for Wind Turbine Road Transport
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
Prysmian Recruits Young Experts
Prysmian Group is launching the fourth edition of its international program to recruit 40 new graduates in Engineering and Economics, with the aim of helping develop the business’s managers and professionals of the future. The new recruits will be mainly placed in the Research & Development, Manufac
Vattenfall to Focus on Renewables
Vattenfall’s new CEO Magnus Hall visited the company’s wind centre in Esbjerg, Denmark on Monday. Hall came to Esbjerg as the company is about to break the barrier of 1000 wind turbines to be controlled from its surveillance centre at the Danish North Sea coast. The Esbjerg office has been part of t
Marine Current Turbines’ Director Leaves Position
After 10 years’ service with the leading tidal developer Marine Current Turbines Ltd, a Siemens Business (MCT) David Ainsworth will now join Kite Power Solutions Ltd. Prior to joining MCT David spent 8 years as part of the management team building Bowman Power Systems, who at that time were developi
ROVOP Director Named UK Entrepreneur of Year
The managing director of rapidly growing subsea specialist ROVOP received 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 innovative
Fishermen’s Energy Gives Up on XEMC, Considers Siemens & Vestas
Fishermen’s Energy is in talks with Siemens and Vestas to supply six turbines for a small offshore wind pilot project in New Jersey, USA. This means that the American offshore wind developer has abandoned its initial plan to use wind turbines from Chinese manufacturer XEMC. The company stated that i
Zeeland Seaports Kicks Off Westhofkade Extension
Zeeland Seaports recently made a start on work to extend the Westhofkade. BOW Terminal, Zeeland Seaports will extend the existing 300-metre quay by around 175 metres. The quay is expected to be ready for use in mid-2015. The Zeeland ports occupy a prominent position when it comes to the storage and