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Business & Finance

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Sweden, Ghana to Develop 1GW Wave Energy Project
Business & Finance

Sweden, Ghana to Develop 1GW Wave Energy Project

Swede Energy has signed an agreement with TC Energy Ltd in Ghana to jointly develop the largest wave power project in the world. The project is situated outside the coast of Ghana and will be built in blocks with a total targeted installed capacity of 1000MW. TC Energy Ltd is the holder of permits a

about 12 years ago
Wales Pushes for Renewables
Business & Finance

Wales Pushes for Renewables

Welsh ministers have joined forces with businesses in a pursuit to put Wales on the renewable energy investment map. Welsh Minister for Natural Resources and Food Alun Davies will today (June 23) launch a green growth prospectus in Mansion House, London, the Minister announced via social media. Wels

about 12 years ago
Bond Dickinson’s Lawyers Secure Consent for East Anglia OWF
Business & Finance

Bond Dickinson’s Lawyers Secure Consent for East Anglia OWF

Bond Dickinson LLP Planning & Infrastructure lawyers have advised East Anglia offshore wind farm, a ScottishPower Renewables and Vattenfall joint-venture, on the full consenting matrix for the development of a 1.2 GW offshore wind farm in East Anglia. Ed Davey, Secretary of State for Energy and Clim

about 12 years ago
Hydro Group Reinforces Its Management Team
Business & Finance

Hydro Group Reinforces Its Management Team

Hydro Group plc, a global design and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications, has strengthened its management team with two senior appointments. Lynn Rennie joins Hydro Group in the position of Programme Manager, handling a range of p

about 12 years ago
Bard Offshore 1 Wind Farm Remains Out of Operation
Business & Finance

Bard Offshore 1 Wind Farm Remains Out of Operation

Bard Offshore 1, a 400 MW German offshore wind farm, will not be operational until further notice, informs the Spiegel. At the beginning of the year, there were frequent technical problems with the converter substation. In late March, a smoldering fire occurred on the substation and caused prelimina

about 12 years ago
Electrical Contractors’ Association (ECA) Host Tidal Lagoon Power
Business & Finance

Electrical Contractors’ Association (ECA) Host Tidal Lagoon Power

Over 80 representatives from the electrical industry have attended an event hosted by Tidal Lagoon Power Limited to hear about the supply chain opportunities with Swansea Bay Tidal Lagoon. Chaired by Andy Basham, National President of the ECA, the event included a presentation on the proposed lagoon

about 12 years ago
IHC Merwede Becomes Royal IHC
Business & Finance

IHC Merwede Becomes Royal IHC

His Majesty King Willem-Alexander has awarded the honorary title of Koninklijk (Royal) to IHC Merwede. In a special ceremony today, the Mayor of Sliedrecht, Mr van Hemmen, presented this accolade to IHC Merwede’s CEO, Bram Roelse. In light of this honour, the company has decided to change its name t

about 12 years ago
Alstom Board Unanimously Picks GE
Business & Finance

Alstom Board Unanimously Picks GE

GE was informed that the Alstom Board of Directors has unanimously decided to positively recommend GE’s offer to acquire the Power and Grid businesses of Alstom. With this decision, the transaction will proceed with Works Councils consultation, customary regulatory approvals and Alstom shareholder a

about 12 years ago
Forewind Puts 4.8 GW of Offshore Wind into Planning System
Business & Finance

Forewind Puts 4.8 GW of Offshore Wind into Planning System

Almost 300 people attended the public consultation events held at six locations along the proposed cable route of the development and 75 per cent of those who filled in exit questionnaires were supportive of the plans presented. Written responses were received from statutory consultees such as govern

about 12 years ago
Van Oord’s First OW Installation Vessel in Operation
Business & Finance

Van Oord’s First OW Installation Vessel in Operation

Van Oord is holding a two-day event along the Rotterdam Wilhelminakade quay to mark the entry into service of Aeolus, its first transport and installation vessel for the construction of offshore wind farms. Today, business relations have the opportunity to inspect the vessel. On Saturday 21 June, Mr

about 12 years ago
German-Japanese Duo Ups Its Alstom Bid
Business & Finance

German-Japanese Duo Ups Its Alstom Bid

Mitsubishi Heavy Industries (MHI) and Siemens today submitted an offer letter specifying further the proposed transaction to Alstom. With the specified offer MHI and Siemens reaffirm their commitment to strengthen Alstom as an independent Global Player in Energy and Transport. After extensive discus

about 12 years ago
PNE Showcases Its Offshore Portfolio at Windforce 2014
Business & Finance

PNE Showcases Its Offshore Portfolio at Windforce 2014

The wind farm project developer PNE WIND AG presented its expertise and perspective in the development of offshore wind farms at the “Windforce 2014”, an international tradeshow held in Bremen. Of special interest to the visitors were the future projects of PNE WIND AG. Having already received permi

about 12 years ago
GE Updates Its Alstom Offer
Business & Finance

GE Updates Its Alstom Offer

GE said it has updated its April 26 offer to acquire the Power and Grid businesses of Alstom in connection with discussions with Alstom management and the French government on jobs, decision-making in France, access to nuclear steam turbine technology, and support for Alstom Transport. GE’s valuatio

about 12 years ago
Siemens Can Dream of Asset Swap, Says Alstom CEO
Business & Finance

Siemens Can Dream of Asset Swap, Says Alstom CEO

Speaking at the Exane BNP Paribas’ investor conference, Alstom CEO Patrick Kron said that Siemens is “allowed to dream” in its intent to swap its transport business for Alstom’s gas activities, reports Reuters. Germany’s Siemens, alongside Mitsubishi Heavy Industries, Ltd (MHI) submitted a EUR 7 bil

about 12 years ago
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