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Business & Finance

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Thomas Thune Andersen Named Dong’s Chairman
Business & Finance

Thomas Thune Andersen Named Dong’s Chairman

Thomas Thune Andersen was elected new Chairman of the Board of Directors of DONG Energy A/S at the company’s extraordinary general meeting. Benny D. Loft, acting Chairman of the Board of Directors since DONG Energy’s annual general meeting on 12 March, will continue as a member of DONG Energy’s Boar

about 12 years ago
SubC Partner UK Celebrates Busy and Successful Summer
Business & Finance

SubC Partner UK Celebrates Busy and Successful Summer

SubC Partner UK, a provider of offshore engineering services to the offshore renewables and oil and gas sectors, has been recognised by EEEGR for its “innovative” Flexicrane offshore material handling solution. Furthermore, SubC has successfully executed a major UK subsea inspection campaign across

about 12 years ago
Northland Power’s Numbers Rise in Q2
Business & Finance

Northland Power’s Numbers Rise in Q2

Northland Power has issued its results for the second quarter of 2014, stating that the company achieves strong results while continuing to expand portfolio of operating assets. Northland’s consolidated sales, adjusted EBITDA and operating income for the three months ending June 30, 2014 were signif

about 12 years ago
Insurance Industry Keeps Up with Renewable Energy Development
Business & Finance

Insurance Industry Keeps Up with Renewable Energy Development

As the need for energy security drives investment in renewable energy, the insurance industry is responding by providing innovative products to mitigate some of the potential volatility. Global investment in renewables fell by 14% during 2013, but the percentage of electricity generated by renewable

about 12 years ago
QED Naval Secures up to GBP 550,000 Fund
Business & Finance

QED Naval Secures up to GBP 550,000 Fund

QED Naval received up to £550,000 financial backing from Kelvin Capital and the Scottish Investment Bank last month to support the continued development of the Subhub, the tidal turbine foundation structure. This 1st tranche of money will allow QED Naval to conduct the tank testing of 2 models of in

about 12 years ago
PGCIL to Connect Offshore Wind Turbines to Grid
Business & Finance

PGCIL to Connect Offshore Wind Turbines to Grid

An Indian state-owned electric utilities company, Power Grid Corporation of India Limited (PGCIL), announced plans to install a system which would connect offshore wind turbines to the grid, according to DNA India news site. “Integration of electricity generated from renewable energy resources with

about 12 years ago
Study Released on US Wind Turbine Systems Market
Business & Finance

Study Released on US Wind Turbine Systems Market

US demand for wind turbine systems is forecast to increase 55 percent annually through 2018 to $18.9 billion, a nearly ninefold increase over depressed 2013 sales. Demand was adversely affected in 2013 by the record number of sales, valued at more than $25 billion, the previous year. The number of n

about 12 years ago
Carnegie Cashes In from Gold Mining
Business & Finance

Carnegie Cashes In from Gold Mining

Wave energy developer Carnegie Wave Energy Limited has received $671,462 in two quarterly gold royalty payments related to Carnegie’s mining royalty held in the Higginsville Gold Operations. Carnegie has received two quarterly cash gold royalty payments of $372,466 and $298,996 related to royalty in

about 12 years ago
Weeks/Manson Selected as Cape Wind’s Lead Construction Contractor
Business & Finance

Weeks/Manson Selected as Cape Wind’s Lead Construction Contractor

Cape Wind has signed a contract with Weeks/Manson, a Joint Venture (WMJV) to serve as the lead construction contractor. The Boston & New England Maritime Trades Council, AFL-CIO, will provide skilled workers to WMJV to build Cape Wind. WMJV is a partnership between two of the leading marine construc

about 12 years ago
Smulders Projects to Build Dudgeon OWF Transition Pieces
Business & Finance

Smulders Projects to Build Dudgeon OWF Transition Pieces

On July 3, Smulders Projects was awarded the contract for the supply of 67 Transition Pieces for the Dudgeon Offshore Wind Farm. The Dudgeon Offshore Windfarm will be constructed on the coast of Norfolk, South East England. The wind farm comprises 67 monopile foundations on which 6 MW turbines will

about 12 years ago
Gamesa’s Installed Wind Capacity Hits 30 GW
Business & Finance

Gamesa’s Installed Wind Capacity Hits 30 GW

Gamesa, a global technology leader in wind energy, has shored up its track record as a world-leading player in terms of installed capacity, having hit the 30 GW mark. This milestone was achieved with the assembly of one of the eight G128-4.5 MW turbines being installed at the Tornio wind farm in Fin

about 12 years ago
Device Using Three Renewable Energy Sources Under Development in Bosnia & Herzegovina
Business & Finance

Device Using Three Renewable Energy Sources Under Development in Bosnia & Herzegovina

A renewable energy system which simultaneously utilizes wind, wave, and solar energy is being developed in Bosnia and Herzegovina by Josip Bilic, an innovator who aims at building a cost-effective device that can produce energy from more than one source. Device Using Multiple Renewable Energy Source

about 12 years ago
Norton Rose Fulbright Advises on Westermeerwind Financial Closure
Business & Finance

Norton Rose Fulbright Advises on Westermeerwind Financial Closure

Westermeerwind B.V. recently reached financial close on the construction of the Westermeerwind wind farm (144 MW). The wind farm will consist of 48 3MW wind turbines. The turbines will be built in the water along the dikes of the Noordoostpolder, in two rows beside the Westermeerdijk and the Noorder

about 12 years ago
EnBW Seeking Foundation Design for Hohe See
Business & Finance

EnBW Seeking Foundation Design for Hohe See

An electric utilities company EnBW is inviting offers for a job on its EnBW Hohe See wind farm located in the German part of the North Sea. EnBW is looking for a company to design and deliver 80 wind turbine foundations which would feature wind turbines between 3.6 MW and 6 MW. The proposed wind [&h

about 12 years ago
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