Business & Finance
Gamesa Works on New Business Growth Opportunities
After the Board of Directors approval, Gamesa has announced to the Spanish Securities Regulator (CNMV) a share capital increase of a maximum of 25,388,070 shares, equivalent to approximately 9.99% of the current capital of the company through an accelerated book-building. This operation allows the C
CPNL Celebrates 5th Anniversary in New Office
CPNL Engineering, a challenging engineer and supplier of alternative cable protection systems, is celebrating 5 years of successfully meeting and exceeding customer requirements in the offshore cable market. Ton and Marloes Tuk established the family business in 2009 at the kitchen table with the am
Damen Commissions ‘Seajacks Hydra’ in Less than 10 Days
The Seajacks Hydra, a jack-up vessel owned by Seajacks UK Ltd., was commissioned within 10 days at Damen Shiprepair Rotterdam, which is part of Damen Shiprepair & Conversion. In late July, a heavy-lift vessel shipped the Seajacks Hydra platform into the port of Rotterdam. Seajacks Hydra was towed to
Dong Energy Wins Award for Leadership in New Energy
Energy Intelligence has announced that Danish company Dong Energy is the winner of its 2014 Award for Leadership in New Energy. The award recognizes a company that is at the forefront of the energy transition from traditional fossil fuels to alternative energy forms. Dong Energy has been a pioneer i
Technip to Close Offshore Wind Business, 190 People to Lose Jobs
Technip has decided to shut down its offshore wind division based in Westhill, Aberdeenshire, after all undergoing projects are completed. The company is also leaving the European Offshore Wind Deployment Centre (EOWDC) project, writes the Press and Journal. This decision was made according to Techn
RWE Launches Heligoland Offshore Wind Base
Service and operating station of RWE Innogy was inaugurated today on Heligoland. Over a period of 20 years, the Nordsee Ost offshore wind farm is to be operated and serviced from there. The wind farm is currently being built approx. 30 kilometres north of Heligoland. This is what a two-storey buildi
Marine Power Systems Boosts Its Team with Three New Members
Marine Power Systems (MPS), a Swansea-based company that is developing revolutionary technology designed to capture the energy from ocean waves, has boosted its team with three new members of staff. Andrew Grabham is the new Design/Development Engineer. Andrew brings with him 14 years’ experience in
Offshore Wind, Aerospace Industries Enter Collaboration
IBERDROLA INGENIERÍA and ELECNOR DEIMOS, by way of their respective UK subsidiaries, have launched project SUMO (Support of Maritime Operations in Offshore Windfarms), an initiative aimed at creating a benchmark system for offshore wind farm management. This cutting-edge initiative is to be undertak
Project Status: Galloper Offshore Wind Farm
RWE Innogy UK continues to lead the development and construction of Galloper Offshore Wind Farm after agreeing exit arrangements with SSE. Along with this announcement, the company has provided a short update on the project’s status. The project is progressing along the existing timeline, with new s
NASA Aids in Harnessing Ocean Energy
NASA is helping the U.S. Department of Energy (DOE) harness the power of the oceans by first harnessing the power of the crowd. Ocean waves hold a tremendous amount of energy that is almost entirely untapped, despite our ever-growing need for sustainable, non-polluting electricity. Part of the reaso
Galloper OWF: SSE Shakes Hands with RWE on Pull-Out Plan
SSE has agreed exit terms with its 50:50 joint venture partner, RWE Innogy for its interest in the Galloper offshore wind farm project. In March, SSE announced that it would not be progressing its stake in the Galloper offshore wind farm project beyond the development phase. Under the exit arrangeme
USA Allocates USD 7.25 Mln to Marine & Hydrokinetic Industry
The U.S. Energy Department has announced $7.25 million for six organizations that will continue to advance water power as a viable resource for America’s clean energy portfolio. Marine and hydrokinetic (MHK) technologies convert the energy of waves, tides, rivers, and ocean currents into electricity
OWIB Sees Growth in Following EWEA Offshore
At the OWIB Network dinner in Esbjerg on Wednesday evening, Offhoreenergy.dk CEO, Morton Basse Jensen, announced a change in the program format for 2015. In a move to stimulate increased international participation in OWIB the event will follow the EWEA Offshore exhibition and conference. OWIB 2015
GlobalData: UK’s Offshore Wind to Grow Significantly by 2020
Supported by aggressive renewable targets, policy backing and a shift towards a greener climate, the UK propelled itself to the head of the global offshore wind power market in 2013, boasting a cumulative installed capacity share of around 52%, according to research and consulting firm GlobalData. T