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Business & Finance

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HIE: MeyGen’s Progress Exiting Time for Local Economy in Caithness
Business & Finance

HIE: MeyGen’s Progress Exiting Time for Local Economy in Caithness

The world’s largest tidal power development, which will be installed in the Inner Sound of the Pentland Firth, secured a funding package of over £50m and the construction of the first phase will now begin. Highlands and Islands Enterprise (HIE) is backing the MeyGen project with a £3.3m grant. Calum

about 12 years ago
Saab Seaeye Falcon Helps Japan Harness Offshore Wind
Business & Finance

Saab Seaeye Falcon Helps Japan Harness Offshore Wind

It is at the southernmost tip of Japan that the Ministry of the Environment is trialling a turbine to determine the viability of floating wind turbines, in a bid to help replace the 30% of energy lost since the nuclear shut-down. Sure-footed anchorage to the seabed is vital in such a vulnerable envi

about 12 years ago
Two Ports Contribute GBP 40 Mln to Scottish Economy
Business & Finance

Two Ports Contribute GBP 40 Mln to Scottish Economy

The true scale of the economic contribution of Associated British Ports’ Scottish ports has been revealed in a new report by independent consultants Arup. Together the two ports – Ayr and Troon – contribute £40 million to the Scottish economy annually and support 500 UK jobs. The new research shows

about 12 years ago
Boskalis Expects to Out-Top 2013 Profit This Year
Business & Finance

Boskalis Expects to Out-Top 2013 Profit This Year

Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million). Revenue rose 21% in the first half of the year to EUR 1.5 billion (H1 2013: EUR 1.3 billion). Organic revenue growth was 13.4%. EBITDA amounted to EUR 466 million

about 12 years ago
PNE WIND’s Working on 13 Offshore Projects
Business & Finance

PNE WIND’s Working on 13 Offshore Projects

The wind farm project developer, PNE WIND AG has published the results for the second quarter and first half year of 2014. The rate of growth achieved represents an increase over the first three months of the year and was driven with the completion and sale of various wind farm projects. With new pe

about 12 years ago
Goltens Appoints New COO and Board Members
Business & Finance

Goltens Appoints New COO and Board Members

Goltens Worldwide Management Corp. (GWMC) has appointed Roy Strand as Chief Operating Officer. Strand has previously served as the Vice President of Operations in the Americas and Europe, and will continue to serve as the Advisory Board Chairman within the Goltens Worldwide group of companies. Prior

about 12 years ago
MPI Becomes Part of Sandbank OWF Adventure
Business & Finance

MPI Becomes Part of Sandbank OWF Adventure

MPI Offshore will provide its vessel MPI Adventure and its services in general for the Sandbank offshore wind farm, developed by Vattenfall and Stadtwerke München. The company will perform the offshore transport and installation of all 72 Siemens 4MW wind turbines, together with a wide range of rela

about 12 years ago
Global Wind Turbine Supply Chain 2014 Report Available at MAKE Consulting
Business & Finance

Global Wind Turbine Supply Chain 2014 Report Available at MAKE Consulting

MAKE Consulting issued a new report called Global Wind Turbine Supply Chain 2014. The 110+ page report offers comprehensive insights into supply-demand dynamics across all key wind turbine components based on global and regional analysis of sourcing trends, production capacities and competitive land

about 12 years ago
MacArtney Launches Dedicated Slip Ring Service Facility in Singapore
Business & Finance

MacArtney Launches Dedicated Slip Ring Service Facility in Singapore

MacArtney is has opened a dedicated slip ring service facility in Singapore. Operating out of a new and purpose designed in-house workshop equipped with the latest tools and equipment, the new service facility is capable of performing complete refurbishment, repair and maintenance of all standard Mo

about 12 years ago
Chinese Offshore Wind Market Dashes Siemens’ Hopes of Success
Business & Finance

Chinese Offshore Wind Market Dashes Siemens’ Hopes of Success

The offshore wind market in China has turned out to be sluggish and did not fulfill Siemens’ expectations when it comes to the speed of its development, as the company had a plan to hold 30% of Chinese offshore wind market. After witnessing that the offshore wind industry in China is not developing

about 12 years ago
Dale Power Solutions Targets Humber Offshore Renewables Industry
Business & Finance

Dale Power Solutions Targets Humber Offshore Renewables Industry

Dale Power Solutions of Scarborough, which makes and services uninterrupted power systems and generators, is the latest company to join Hull-based Team Humber Marine Alliance (THMA), as the company is targeting the Humber region because of its increasing importance as a renewable energy hub. Mark Ca

about 12 years ago
Winner of Postcode Lottery Green Challenge to Get EUR 500,000
Business & Finance

Winner of Postcode Lottery Green Challenge to Get EUR 500,000

Five green start-ups from the Netherlands, the United Kingdom, France and Vietnam will compete in the finale of the Postcode Lottery Green Challenge, an annual worldwide competition for green start-ups. One of these entrepreneurs will win €500,000 to realise his or her sustainable business plan. Ano

about 12 years ago
ABB Awarded Burbo Bank Extension Cabling Deal
Business & Finance

ABB Awarded Burbo Bank Extension Cabling Deal

ABB has won an order worth around $30 million from DONG Energy to supply a high-voltage export cable system that will transmit power from the Burbo Bank Extension Offshore Wind Farm in the UK. ABB’s project scope includes the design, engineering, supply and commissioning of the 25 kilometer (km) lon

about 12 years ago
Bladt Appoints New CEO from Siemens
Business & Finance

Bladt Appoints New CEO from Siemens

Jan Kjærsgaard is joining Bladt Industries as CEO, replacing Peter Rindebæk, who will continue as COO and deputy CEO. Peter Rindebæk was appointed CEO of Bladt in 2005, and has since been an instrumental in developing Bladt into the successful company it is today. However, the Board of Directors and

about 12 years ago
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