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Business & Finance

Offshore Transmission Regime Now Fully in Place
Business & Finance

Offshore Transmission Regime Now Fully in Place

Offshore transmission regime set up by Ofgem and the Department of Energy and Climate Change (DECC) fully commenced on June 10. Full commencement means that from June 10 the laws supporting the regime take full effect. Ofgem now regulates and licenses the transmission of electricity generated in Bri

about 12 years ago
VIDEO: Industry Experts Talk about Moray OWF Opportunities
Business & Finance

VIDEO: Industry Experts Talk about Moray OWF Opportunities

Scottish Enterprise and Highlands and Islands Enterprise organised a series of workshops in May on behalf of Moray Offshore Wind Limited, a partnership between EDPR and Repsol. Those attending the event could hear about the contracting strategy and meet key suppliers for the MORL’s offshore wind pro

about 12 years ago
German Wind Energy Agency Forms Investment and Financing Working Group
Business & Finance

German Wind Energy Agency Forms Investment and Financing Working Group

German business network, Wind Energy Agency WAB, has established a working group on Investment and Financing. The working group will present itself and its goals today at 2pm for the first time at WINDFORCE 2014 in Bremen, at the booth of Wind Energy Agency WAB (Hall 5 Stand K 50). The working group

about 12 years ago
Denmark Publishes Tender Documents for Horns Rev 3 OWF
Business & Finance

Denmark Publishes Tender Documents for Horns Rev 3 OWF

The Danish Energy Agency has issued preliminary tender documents for the Horns Rev 3 offshore wind to four pre-qualified bidders: Vattenfall, Dong Energy, E.ON and Statoil. The comprehensive tender documents contain preliminary specifications, a draft of concession agreement, model licenses and auth

about 12 years ago
Tideland Signal Introduces New Company Logo
Business & Finance

Tideland Signal Introduces New Company Logo

Tideland Signal Corporation (Tideland) has revealed a new company logo at IALA-SPAIN 2014 as part of the on-going evolution of the company’s brand. Tideland has grown and evolved over the last six decades, and IALA-SPAIN 2014 was the perfect venue to introduce a refreshed logo to reflect who we are

about 12 years ago

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K2 Management, Xrgia to Develop Quality Management System for Statkraft
Business & Finance

K2 Management, Xrgia to Develop Quality Management System for Statkraft

Norwegian Xrgia and Danish K2 Management have together landed a contract for the Norwegian utility, Statkraft. Winning a bid contest, the two consultancy companies will in a joint team establish a Quality Management System for Statkraft’ offshore wind operations. Over the years, Xrgia and K2 Managem

about 12 years ago
Tide Can Bring Vast Business Opportunities to Ballycastle
Business & Finance

Tide Can Bring Vast Business Opportunities to Ballycastle

The town of Ballycastle in Northern Ireland should work on positioning itself as a tidal energy research and development hub, the newly elected Moyle Council ChairmanDónal Cunningham stated. “We need to capitalise on our unique position and natural resources to create jobs and opportunities for the

about 12 years ago
Denmark Postpones Krieger’s Flak OWF Construction for Two Years
Business & Finance

Denmark Postpones Krieger’s Flak OWF Construction for Two Years

Danish Government and its main opposition, the Liberal Party, yesterday reached an understanding on more than 90 activities to cut costs and increase productivity and competitiveness of the country’s businesses. The Government agreed on Public Service Obligation (PSO) reductions totaling DKK 13.2 bi

about 12 years ago
Severn Estuary Could Accommodate Tidal Lagoon Instead of Barrage
Business & Finance

Severn Estuary Could Accommodate Tidal Lagoon Instead of Barrage

City Councils of Bristol, Sedgemoor, West Somerset and Cardiff will submit an application for a GBP 3 million grant to the European Union, which would allow financing the development of a tidal lagoon in Severn Estuary. Specifically, the EU funds would be used to finance a feasibility research. So f

about 12 years ago
Ocean Power Technologies Faces Lawsuit
Business & Finance

Ocean Power Technologies Faces Lawsuit

Glancy Binkow & Goldberg LLP, representing investors of Ocean Power Technologies, Inc., has filed a class action lawsuit in the United States District Court for the District of New Jersey on behalf of a class comprising all purchasers of Ocean Power Technologies securities between January 14, 2014 a

about 12 years ago

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TenneT to Operate Dutch Offshore Transmission Network
Business & Finance

TenneT to Operate Dutch Offshore Transmission Network

Electricity transmission operator TenneT welcomes the Dutch government’s decision to appoint TenneT as the operator of the offshore power grid in the Netherlands. TenneT CEO Mel Kroon commented: “TenneT is keen to contribute to the energy transition in the Netherlands by realizing a future-proof off

about 12 years ago
East Anglia One to Create New Working Positions
Business & Finance

East Anglia One to Create New Working Positions

The East Anglia ONE project, which is the first in England and Wales to be approved from the Crown Estate’s Round Three Process, is expected to create hundreds of jobs and boost the region’s economy. It is anticipated that the development, the first of six potential projects in the East Anglia Zone,

about 12 years ago
Sembmarine Supports Chinese Offshore Wind Market
Business & Finance

Sembmarine Supports Chinese Offshore Wind Market

Sembmarine SLP Limited has signed an Memorandum of Understanding (MOU) with the China Shipbuilding Corporation, Zhengzhou Institute of Mechanical and Electrical Engineering, with a view to cooperate and promote products and services for use in offshore construction projects, specifically in regard t

about 12 years ago
China Introduces Offshore Wind Feed-In Tariffs
Business & Finance

China Introduces Offshore Wind Feed-In Tariffs

China’s National Energy Administration (NEA) has been working with the National Development and Reform Commission (NDRC) tariff department for months to determine the feed-in tariff for offshore wind, and the discussions between the two agencies are nearly finalised. It is said that inter-tidal proj

about 12 years ago