Business & Finance
East Anglia’s Energy Sector Creates Jobs
At the same time as the Government has announced that over 30 million people are now employed in the UK, Cooper Lomaz Recruitment Limited, one of East Anglia’s leading recruitment consultants, has reported that there has been a marked rise since this time last year in the number of positions for whi
Osiris Projects Cashes In GBP 5 Million
A Wirral specialist in seabed mapping and coastal surveys has clinched a finance package worth almost £5m to help it expand its services and take on additional staff. Osiris Hydrographic and Geophysical Projects, which is owned by Liverpool-headquartered conglomerate Bibby Line Group, has received £
Mojo Maritime Opens Its French Business
Mojo Maritime, the Falmouth based marine renewable energy experts, has expanded into France, having incorporated a wholly owned French subsidiary in response to the growing French tidal energy market. Mojo Maritime France S.A.S. is headquartered in Cherbourg, Normandy, and has operations in Nantes,
Eemshaven Works to Complete Beatrixhaven’s Extension for Offshore Wind
Beatrixhaven, one of Eemshaven Port’s docking basins, is undergoing its final expansion phase to become a specialised offshore wind hub. Groningen Seaports invested over EUR 56 million in the project, and it is gearing up to become a big player in the offshore wind industry. Beatrixhaven will featur
Ming Yang’s Signed Orderbook Hits 3.3GW
China Ming Yang Wind Power Group Limited (Ming Yang), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the first quarter ended March 31, 2014. “We have signed new orders of 671.5MW during the quarter, and our signed orderbook continues to grow strongl
Hayle Marine Renewables Business Park Secures Multi-Million GBP Funding
Millions of pounds of funding has been announced for the development of a marine renewables business park (MRBP) in Hayle, which will provide 2,500sqm of industrial and office based accommodation that could create 120 new jobs by 2020. This development underlines Cornwall’s commitment to its diverse
Prysmian Wins West of Adlergrund Offshore Wind Connection Deal
50Hertz Offshore GmbH, a subsidiary of 50Hertz Transmission GmbH, has awarded Prysmian Group a new contract worth approximately € 730 million (including options for grid connections in value of approximately € 250 M) to design, produce and install the power cable systems for the offshore wind park c
Siemens to Use ‘Wind Server’ Jack-Up Vessel for Three Years
Siemens Energy has entered into a charter agreement with DBB Jack-Up Services A/S for the use of a new purpose-built jack-up vessel, the Wind Server, designed for the service and maintenance of the rising number of large scaled offshore wind power projects across Northern Europe. The three-year term
GE Considering Asset Sale to Get Alstom Deal
The American energy giant General Electric (GE) is considering an asset sale to French companies in order to get the French government’s nod for the Alstom deal. According to Bloomberg, GE is in talks with French companies over possible ventures in Alstom’s nuclear, wind turbine and rail signaling b
GDF SUEZ Launches EUR 100 Mln Investment Fund to Support Innovative Startups
GDF SUEZ is launching GDF SUEZ New Ventures, an investment fund to provide financing by the Group for innovative startups. The €100 million fund is part of the new GDF SUEZ endeavor to support innovation and develop new business in the energy sector undergoing rapid changes. The main objective of th
IMechE Approves Aquamarine Power’s Graduate Training Scheme
The Institution of Mechanical Engineers (IMechE) has given Aquamarine Power’s graduate training scheme the seal of approval, re-accrediting the wave company’s professional development programme which leads towards Chartered Engineers (CEng) or Incorporated Engineers (IEng) registration. In what is n
Crown Estate Looking for New Developer of 99MW Blyth Offshore Wind Project
The Crown Estate is kick-starting the search for a developer to take forward the Blyth Offshore Wind Demonstrator, the UK’s largest consented offshore wind demonstration site. The decision to offer the site to the market has been taken in consultation with Government and the Offshore Renewable Energ
Changing Shipping Routes to Save on OW Costs
Rerouting ships to open up areas for offshore wind development could save billions of dollars in construction and operating costs for the renewable energy source, according to new findings by the University of Delaware’s College of Earth, Ocean, and Environment (CEOE). The savings come at a relative
North East of England’s Offshore Renewables Supply Chain Showcased at House of Commons
Energi Coast, in conjunction with NOF Energy, Subsea North East and the North East Local Enterprise Partnership, showcased the region’s offshore renewables supply chain at an event at the House of Commons. Sponsored by Stockton North MP, Alex Cunningham, members of Parliament representing constituen