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Business & Finance

Aqualis Acquires Offshore Wind Consultants
Business & Finance

Aqualis Acquires Offshore Wind Consultants

Aqualis ASA announced on May 19 that it signed a memorandum of understanding to acquire Offshore Wind Consultants Limited, a leading provider of consultancy services to the offshore renewables industry. Following a financial, legal and operational due diligence, Aqualis and Offshore Wind Consultants

about 12 years ago
SmartBay Ireland Appoints New Operations and Technical Manager
Business & Finance

SmartBay Ireland Appoints New Operations and Technical Manager

SmartBay Ireland has announced that Mark Wemyss has joined the team as Operations and Technical Manager. Mr Wemyss will manage the deployment and operation of ocean energy devices within the Galway Bay test site and will be responsible for the provision of technical, O&M support, advice to device de

about 12 years ago
UK’s National Audit Office Scrutinizes Renewable Energy Contracts
Business & Finance

UK’s National Audit Office Scrutinizes Renewable Energy Contracts

UK’s National Audit Office (NAO) issued a report Early Contracts for Renewable Electricity today. The NAO said that it is not convinced that the Government sufficiently protected consumers’ interests by awarding without competition £16.6 billion worth of early contracts to eight renewable generation

about 12 years ago
STX France Launches Marine Renewables Facilities
Business & Finance

STX France Launches Marine Renewables Facilities

With the active support of the Pays de la Loire Regional Council, Carène (Federation of local councils of Saint-Nazaire area) and Caisse des Dépôts (public group serving general interest and economic development), STX France secured the financing required to launch the 1st batch of production units

about 12 years ago
Three New Permanent Representatives Join IRENA
Business & Finance

Three New Permanent Representatives Join IRENA

The International Renewable Energy Agency (IRENA) has recently welcomed three additional Permanent Representatives, bringing the number of Permanent Representatives accredited to the Agency to 18. “More and more countries recognize the growing importance of renewable energy and IRENA welcomes the ne

about 12 years ago

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China’s Rapid Renewable Energy Growth Driven by Ambitious Government Policies, Says GlobalData
Business & Finance

China’s Rapid Renewable Energy Growth Driven by Ambitious Government Policies, Says GlobalData

China’s renewable energy capacity increased from 27.8 GW in 2001 to 183 GW in 2013, and alternative sources are expected to account for more than 20% of the country’s total electricity generation by 2020, says research and consulting firm GlobalData. The company’s latest report states that China’s e

about 12 years ago
Dalby Offshore in Centrica’s Team
Business & Finance

Dalby Offshore in Centrica’s Team

Dalby Offshore is yet again working with Centrica as part of the new initiative ‘One Team’ Programme which brings together 16 contract partner companies all working together to create a truly integrated team sharing the same vision moving forward and focusing on world class operations and maintenanc

about 12 years ago
DNV GL Marks Two Anniversaries
Business & Finance

DNV GL Marks Two Anniversaries

Some 650 dignitaries, customers and industry stakeholders joined DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, at a night to remember in Hamburg. Held at the historic Fischauktionshalle Halle, the event celebrated th

about 12 years ago
RenewableUK: DECC’s Statistics Prove the Case for Wind Power
Business & Finance

RenewableUK: DECC’s Statistics Prove the Case for Wind Power

RenewableUK says new statistics published today by the Department of Energy and Climate Change prove the case for wind power. The figures show that 19.4% of all the UK’s electricity mix in the first quarter of this year was generated from renewable energy sources, compared to 12.4% for the same peri

about 12 years ago
TenneT Working to Power Up BorWin 1
Business & Finance

TenneT Working to Power Up BorWin 1

German offshore grid connection BorWin 1 faced several technical faults over the past months, which resulted with unplanned shutdowns of the network connection. To determine the exact cause of the issues, German transmission system operator TenneT said that it is working closely with the contractor

about 12 years ago

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DECC Releases Monthly and Quarterly Energy Statistics
Business & Finance

DECC Releases Monthly and Quarterly Energy Statistics

The latest provisional monthly energy statistics produced by the Department of Energy and Climate Change (DECC) were released today (June 26) according to the arrangements approved by the UK Statistics Authority. Provisional quarterly energy statistics for Q1 2014 (January to March), have also been

about 12 years ago
Management Change at Top of TenneT
Business & Finance

Management Change at Top of TenneT

Dr. Urban Keussen (49) has been appointed deputy CEO of TenneT Holding B.V. and chairman of the management board of TenneT TSO GmbH. Keussen will consequently take over from Martin Fuchs (60). On 1st July 2014 after 34 years in the energy industry Fuchs will step down as chairman of the management b

about 12 years ago
The Crown Estate: Landmark Year for Offshore Wind Industry
Business & Finance

The Crown Estate: Landmark Year for Offshore Wind Industry

The Crown Estate, an independent commercial business, created by Act of Parliament, has today announced another record return for the benefit of the public finances and an overall performance which is significantly ahead of the market, as its portfolio value hits an all-time high. Results summary Re

about 12 years ago
FICG Consortium Bags EUR 150 Mln Contract from Van Oord
Business & Finance

FICG Consortium Bags EUR 150 Mln Contract from Van Oord

Avantha Group Company CG, along with the other consortium partners Fabricom and Iemants, has been selected by Van Oord, for the offshore wind project “Gemini” in the Netherlands. As part of the scope CG, will design, deliver and install 2 high voltage (HV) offshore substations and 1 HV onshore subst

about 12 years ago