Suzlon Group, the world’s fifth largest wind turbine maker, has announced that the holders of each series of its Existing Bonds (due in October 2012, July 2014 and April 2016) have approved the proposed restructuring of the Existing Bonds including the terms and conditions of the new foreign currenc
Ofgem has today given the green light for a new subsea link in the north of Scotland. Scottish Hydro Electricity Transmission (SHE Transmission)’s significant upgrade of the electricity network is a £1.2 billion project. It is expected to connect 1.2GW of new renewable electricity generation followi
Hull City Council has welcomed today’s news that Siemens is advertising its first two jobs at Green Port Hull. The global energy giant is now recruiting for the positions of Personal Assistant and Quantity Surveyor at the wind turbine production and installation facilities it is building at sites in
ORE Catapult has a requirement for a Consultancy Service Framework to provide technical assistance and support. The Service will be utilised as and when required, on a call-off basis by ORE Catapult in Glasgow and Blyth relating to all required services, equipment and engineering services associat
Over 1.5 million acres off the Atlantic coast already designated for wind energy development could generate over 16,000 megawatts of electricity (MW), enough to power over five million homes, according to a new report from the National Wildlife Federation (NWF) released today with the support of ove
50Hertz plans to invest billions of euros by 2023 to bring offshore wind power from Germany’s north, which is not quite industrialised, to the country’s south, which is very much industrialised but also powered by nuclear energy. Along with improvement and expansion of German onshore electrical netw
German utility, Stadtwerke München GmbH, is planning to acquire a stake in Sandbank offshore wind farm located in the North Sea. The 288MW project is located in the German Bight area, around 90 kilometers west of the Island of Sylt, directly on the border between Germany and Denmark. Currently, the
Rix Sea Shuttle’s exemplary health and safety record has been recognised with a top accolade. The Hull business reported an incident-free 2013, netting it a Safety Performance Award from Humberside Occupational Health and Safety Group (HOHSG) for its record. HOHSG is part of national body the Royal
Prysmian Group finalized the acquisition of the remaining 34% interest in AS Draka Keila Cables, thereby becoming the sole shareholder of this Estonian cable company, which joined the Group following the acquisition of Draka in 2011. The price of this acquisition amounts to €6.2 million and takes in
Siemens has announced that, as of 2015, it will revolutionize the offshore wind turbine service with its new service operation vessels (SOVs). Equipped with state-of-the-art features and technology, the SOVs will bring the next generation of offshore wind service, which will be safer, faster, and mo
The European Commission yesterday awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. Th
First Minister of Wales, Carwyn Jones, has welcomed an announcement by the Crown Estate, which supports the Welsh Government’s vision of developing a thriving marine renewable energy industry in Wales. The Crown Estate has announced the successful Third Party Managers of two areas of water off the W
L-3 Marine Systems International (L-3 MSI) announced today the promotion of Armin Groth and Maik Stoevhase to managing directors of its L-3 SAM Electronics business. As managing directors, Mr. Groth and Mr. Stoevhase report to Ulrich Weinreuter, president of L-3 MSI. “Armin and Maik are strategic le
Aquatic Engineering & Construction Ltd, an Acteon company, has appointed Martin Charles as regional general manager, Europe, Middle East and Africa (EMEA). This appointment contributes to Aquatic’s business strategy for 2014 and its ambitious expansion programme, which will improve customer service
