Business & Finance
Australian University to Develop Modelling on Wave Energy Farms’ Performance
Australian Renewable Energy Agency (ARENA) has announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting t
Blackbird Sets Date for Acquisition of SDE
Blackbird International Corporation announced that it has finalized the procedures for the acquisition of SDE Ltd. It had previously released news that it had exchanged a Letter of Intent with SDE Ltd for purposes of a merger. Blackbird shall acquire 100% of the shares of the target company in excha
Energy Minister Announces £4 Mln Grant for Port of Cromarty Firth
Energy Minister Fergus Ewing has today announced a £4 million grant from Highlands and Islands Enterprise (HIE) for the development of a new deepwater quayside at the Port of Cromarty Firth – bringing the total redevelopment project to £25 million. The 35 acre Invergordon Service Base, operated by t
VSMC Halves Butendiek OWF Cabling Work
The cabling work at the Butendiek offshore wind farm is half done, VSMC informed via social media. The company said that 6 strings and 42 cables with a total length of 40km have been installed at the offshore wind farm site in the German Bight some 34 km west of the island Sylt. A total […]
Scottish Renewables Infrastructure Advances with Westway Park Development
Scottish Government Minister for Local Government and Planning, Derek Mackay yesterday visited the 53 hectare Westway Park in Renfrew, to inspect progress at a £1.3 million dock development project. The project was one of the first locations in the country to receive funding from the Scottish Govern
East of England to Showcase Its Wind Energy Experience in Hamburg
The East of England is the powerhouse of the global wind power sector – that’s the message it is taking straight to the heart of Europe. More than 1000 exhibitors are expected at the new international trade fair, WindEnergy Hamburg, on September 23-26 and the East of England Energy Zone (EEEZ) is de
Companies Called to Submit Proposals for Inch Cape OWF Construction
Inch Cape Offshore Limited (ICOL) has launched the Request for Proposals process for the Wind Farm and Transmission Works Packages of the Inch Cape Offshore Wind Project. The Wind Farm package will involve the design, delivery and installation of the WTG Foundations and Substructures and Inter-array
Halcyon Gathering Support for Its Pennamaquan Project
Halcyon Tidal Power is meeting with state and federal regulators in Bangor to discuss Pennamaquan renewable energy project. Namely, the Augusta-based company plans to develop a USD 125 million tidal energy project in Cobscook Bay, capable of providing electricity for 13,000 homes. The project consis
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
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
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
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
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
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