Business & Finance
LDD to Move into New Facility at Tolvaddon, Cornwall
Work has begun on LDD’s new, state of the art, BREEAM “Excellent” rated facility in Tolvaddon. This has been made possible through the combined efforts of private sector investment and support from the European Regional Development Fund under the Convergence Programme. The new premises at Tolvaddon
The Crown Estate Hails GIB’s Investment
The Crown Estate has welcomed today’s announcement by the Green Investment Bank to raise a £1 billion fund to encourage new private investors to invest in offshore wind farms in the UK. Huub den Rooijen, Head of Offshore Wind at The Crown Estate said: “The UK continues to be the most attractive plac
Windreich Gets Deadline Extension for MEG 1
Germany’s wind energy developer, Windreich, got an extension of the deadline for the start of its MEG 1 offshore wind project located in the German North Sea. Windreich now has until 26 February 2016 to start the construction in order to keep the licence for the project. According to the original ap
Petrofac Gets Its Largest EPCI Project in Offshore Wind
Petrofac has issued the its pre-close trading update ahead of the announcement of its interim results for the six months ending 30 June 2014 on 26 August 2014. Good operational performance from ECOM with good progress being made across the EPC portfolio; focused on delivering improved operational
University of Delaware Gathers Offshore Wind Experts in One Place
In Europe, offshore wind turbines support 58,000 jobs and generate enough electricity to power 6 million homes. Experts from the offshore wind industry gathered at the Capitol Thursday, June 12, to share lessons learned that could help produce similar results stateside. Organized by the University o
VIDEO: France Picks GDF SUEZ to Build Offshore Wind Farms
At the beginning of May, a consortium comprising GDF SUEZ, EDP Renewables, Neoen Marine and AREVA won the bidding process to install and operate two offshore wind farms in the areas of Tréport and the Isles of Yeu and Noirmoutier. French Minister for Ecology, Sustainable Development and Energy, Ségo
GIB Posts Strong Results with Plans to Raise £1 Bn
The UK Green Investment Bank plc (GIB) today reported its performance for the financial year to 31st March 2014. GIB committed £668m to 18 green energy projects, more than doubling the number of green projects it backed in its first year. GIB is now the most active investor in the UK’s green economy
Welsh Government Promises to Support Renewables Industry
Welsh Minister for Natural Resources, Alun Davies met with businesses in London yesterday, discussing the Welsh Government’s focus on green growth makes Wales a unique place to invest and grow new business. In a new prospectus, the Minister has set out what Wales can offer the business community in
Danish Yachts Launches Its Fifth 24m Carbon-Fibre SWATH Vessel
Danish Yachts A/S, Skagen, Denmark, has launched its fifth innovative 24m fully carbon-fibre SWATH vessel in a little over 12 months, following the delivery of four offshore wind vessels to client ‘Odfjell Wind’ in 2013. Notably, the fifth Danish Yachts’ SWATH, which operates in both Catamaran and S
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
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
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
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
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