On Tuesday, the U.S. Senate started reviewing the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, that would renew more than $80 billion in expired tax credits for two years, including the wind production tax credit (PTC) and investment tax credit (ITC). Yesterday, the vote on fu
BMT Group Ltd, an international design, engineering and risk management consultancy, has announced that Mr Charles Packshaw has joined the Board of Directors as a non-executive Director. Mr. Packshaw has thirty years’ experience working with financial institutions in the City of London and is curren
CTruk recently cemented its support of the Motor Neurone Disease (MND) Association with a donation of £20,000 following the delivery of its second CWhisper SWATH workboat. The late naval architect Nigel Warren was heavily involved in the design of the first-in-class CWhisper SWATH, CWind Astute. Nig
Donald Trump arrived in Aberdeen yesterday and once again vowed to fight European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Bay, the STV news site writes. Mr. Trump has been leading a battle against the EOWDC for years, saying that it would ruin the view from his golf course at Menie. He s
The Amsterdam office of law firm Clifford Chance has been advising Gemini offshore wind developers as lead counsel/project counsel since 2011. The offshore wind farm is the largest renewable energy project in both scope and funding ever conducted in the Netherlands. Since 2011, Clifford Chance has a
France has given itself more power over deciding on the fate of its nuclear giant Alstom. The French government has approved a decree allowing it to stop foreign bidders in acquiring assets in “strategic” energy, water, transport, telecom and health sectors. According to the decree, published in Fra
On Monday, Councillor Mike Cockerill confirmed to the Scarborough Borough Council that he is officially negotiating with a company operating service vessels, on the usage of the Endeavour Wharf in Whitby Harbour for the Dogger Bank offshore wind project. For years, Scarborough has been seen as one o
More than 22 parties, including 12 commercial creditors, 4 public financial institutions, 1 pension fund together with Northland Power Inc. as subordinated debt lenders and the 4 members of the equity consortium were involved in the signing of the financing contracts for the Gemini offshore wind far
Norwegian holding company Bonheur ASA has released its report for the first quarter of 2014 comprising Bonheur ASA and its subsidiaries and the group of companies´ ownership of associates. Bonheur’s main business segments include offshore drilling, renewable energy, shipping / offshore wind, cruise
The Gemini consortium signed all construction, operations and financing contracts yesterday with a total construction budget of nearly EUR 3 billion. For Siemens this is the first order for an offshore wind power plant in Dutch waters. For the Gemini project, Siemens will deliver 150 wind turbines w
Statkraft’s Q1 financial results have shown that the company’s wind power business had significantly contributed to solid performance at the beginning of 2014. In the first quarter of 2014, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of NOK 3836 million, compared w
Danish company Global Lightning Protection Services A/S has developed the Lightning Key Data System that can measure the presence and extent of a lightning strike in wind turbines. The system is designed and tested especially for the harsh environmental conditions under which a wind turbine operates
A new skills centre to become the focal point for world class energy skills training in the East of England is to be launched in the Great Yarmouth borough in July. The EPISCentre project will start initially from the Minerva House building near the home of EEEEGR, the East of England Energy Group,
The Danish cable installation company, CT Offshore, has been awarded a contract at the DONG Energy’s Gode Wind OWF 1 + 2. The scope of work covers the cable installation and burial of 97 inter-array cables. ”In the current market this is an important contract for CT Offshore. While new and larger ca
