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Business & Finance

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Swansea-Based Company Raises GBP 1 Mln for Wave Device Development
Business & Finance

Swansea-Based Company Raises GBP 1 Mln for Wave Device Development

Marine Power Systems (MPS), a Swansea-based company that is developing revolutionary technology designed to capture the energy from ocean waves, has raised more than £1 million from a panel of local business angels and the Welsh Government. The company, co-founded by Swansea University graduates Dr

about 12 years ago
Siemens Takes Step Forward with Crown Estate’s Agreement
Business & Finance

Siemens Takes Step Forward with Crown Estate’s Agreement

The Crown Estate, manager of the UK seabed, announced today that it has agreed seabed rights for new demonstration zones and project sites around the UK’s coast. The rights include six new wave and tidal current demonstration zones and five tidal current project sites each with the potential to deli

about 12 years ago
Tidal Blade Test Facility Cashes In GBP 1 Million
Business & Finance

Tidal Blade Test Facility Cashes In GBP 1 Million

Tidal blade test facility at National Composites Centre was awarded £1 million as part of £86 million of new Government money awarded to the West of England LEP to boost economic growth and create jobs. Located in Bristol & Bath Science Park, it will be the first of its kind as the industry is insuf

about 12 years ago
Ocean Energy Europe Calls for New EU Renewable Energy Funding
Business & Finance

Ocean Energy Europe Calls for New EU Renewable Energy Funding

Ocean Energy Europe has called for a new EU funding programme for technology demonstration following the NER300 programme, in a joint letter with Europe’s renewable energy associations to the Commissioner Connie Hedegaard. This follows the second and final round of NER300 awards today, in which ESB’

about 12 years ago
EU Renewables Targets Significantly Influencing UK Government’s Energy Policies, Says GlobalData
Business & Finance

EU Renewables Targets Significantly Influencing UK Government’s Energy Policies, Says GlobalData

As the UK strives to meet its EU target of 15% renewable energy consumption by 2020, the government has taken several steps to reduce the country’s carbon emissions by 34% and 80% by 2020 and 2050, respectively, compared with 1990 levels, according to a report by research and consulting firm GlobalD

about 12 years ago
Scottish Renewables Hails Crown Estate’s Renewables Announcement
Business & Finance

Scottish Renewables Hails Crown Estate’s Renewables Announcement

Scottish Renewables has welcomed an announcement by the Crown Estate that two new wave and tidal demonstration zones, and two new project sites, are set to be leased in Scottish waters. This announcement means that local organisations will be able to manage and sub-let parts of the seabed to wave an

about 12 years ago
Dalby Swale Goes to Work
Business & Finance

Dalby Swale Goes to Work

Dalby Swale has helft Alicat Workboats in Great Yarmouth and is now heading for Lowestoft, where she will begin her first job on the Greater Gabbard Wind Farm. Dalby Swale, the new 23m vessel built by Alicat, was delivered to Dalby Offshore at the Seawork Exhibition last month. The 500MW wind farm i

about 12 years ago
Falck Safety Services Strengthens Its Management Team
Business & Finance

Falck Safety Services Strengthens Its Management Team

A leading survival and health and safety training firm has strengthened its management team with two key appointments as it continues to experience significant growth in the UK. Falck Safety Services (Falck), which has 30 training centres across the world, including three UK centres in Aberdeen and

about 12 years ago
UPDATE: Cables for Connection of German Offshore Wind Farms Sinks in Italy
Business & Finance

UPDATE: Cables for Connection of German Offshore Wind Farms Sinks in Italy

A cable lay barge, carrying cables manufactured by Prysmian for the connection of Butendiek and Deutsche Bucht offshore wind farms in Germany, flipped over and sank on July 3. AMT Explorer, towed by Red Husky, was on its way from Arco Felice in Naples to Bremerhaven, when the incident occurred 50 na

about 12 years ago
Gamesa, AREVA Strive to Create Global Leader in Offshore Wind
Business & Finance

Gamesa, AREVA Strive to Create Global Leader in Offshore Wind

Gamesa and AREVA signed binding agreements for the creation of a joint venture in the promising offshore wind energy industry, culminating the exclusive talks initiated last January. The closing of the transaction is expected to be secured by the fourth quarter of this year, subject to approval by t

about 12 years ago
Atlantis Expects Financial Closure of MeyGen Project
Business & Finance

Atlantis Expects Financial Closure of MeyGen Project

Atlantis, a vertically integrated equipment supplier and project owner in the tidal power industry, noted report regarding the Department of Energy & Climate Change’s likely participation in the MeyGen Project. The MeyGen project, which is 100% owned by Atlantis, is located in the Pentland Firth in

about 12 years ago
Better Cooperation across Industry to Help Reduce Offshore Wind Costs
Business & Finance

Better Cooperation across Industry to Help Reduce Offshore Wind Costs

Thorsten Jalk, Chief Executive Officer of DBB Jack-Up Services A/S, has written an article on reducing costs of offshore wind energy. The article was published by OffshoreWindOM.com, a new online platform for operations and maintenance professionals in the offshore wind industry, powered by DBB Jack

about 12 years ago
Osiris Wins MSIF Business of the Year Award
Business & Finance

Osiris Wins MSIF Business of the Year Award

Seabed mapping specialists Osiris Hydrographic & Geophysical Projects were successful at the ECHO Regional Business Awards winning the MSIF Business of the Year award (51-250 employees). Osiris Projects, owned by the locally headquartered Bibby Line Group, were in attendance at the ceremony, held at

about 12 years ago
TenneT Receives Planning Approval for NordLink Interconnector
Business & Finance

TenneT Receives Planning Approval for NordLink Interconnector

The Office for Energy Planning Approval of the German state of Schleswig-Holstein has issued a planning approval decision for the first section of NordLink interconnector, a planned submarine cable from Norway to Germany. “With this decision, the next important component of the future power system h

about 12 years ago
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