ABB has launched a “step change” program in its Power Systems division to thoroughly transform the business that faced a loss in the first quarter of 2014, the company said today as it released Q1 results. ABB’s operational EBITDA in Q1 is 13% down, compared to the same period of last year, mainly d
Green Marine Solutions (GMS) has signed a contract to introduce its ground-breaking marine coordination service to C-Power’s 325.2MW Thornton Bank Wind Farm operating 30 miles (48 km) off the Belgian coast. GMS will help C-Power by examining every aspect of offshore operations and maintenance. It wi
Vattenfall reports profit after tax of SEK 8.2 billion and an underlying operating profit of SEK 9.1 billion for the first quarter of 2014. The company reported high availability in all production plants – nearly 100% for nuclear power, with a significant increase in wind power generation. Several d
Businesses across the East of England keen to cash in on opportunities created by the booming energy industry are being urged to accept a free helping hand from experts. A specialist roadshow is to cruise the counties of Norfolk, Suffolk, Cambridgeshire and Essex over the next three months offering
The U.S. Energy Department has announced $10 million to test prototypes designed to generate clean, renewable electricity from ocean waves and help diversify America’s energy portfolio. The Energy Department-supported demonstrations at the U.S. Navy’s wave energy test site off Hawaii’s island of Oah
The U.S. Department of the Interior (DOI), through its office of Bureau of Safety and Environmental Enforcement (BSEE), is seeking a contractor who will carry out Wind Energy Inspection Procedure Assessment. The DOI intends to competitively award a Firm-Fixed-Price (FFP) type of contract to one of p
James Fisher Marine Service (JFMS) has successfully completed the Supacat Multi-purpose Vessel (SMV) 24 maiden charter and immediate subsequent charter at UK Round Three wind farm sites. The vessel accomplished its first charter working with offshore wind energy developer Forewind to support the Dog
Jack-Up Barge, the offshore self-elevating platform supplier, has acquired the Odin self-elevating platform from Hochtief. This is a new approach from Jack-Up Barge that has previously expanded with newbuilds. The company are renaming the barge JB 119, ready to take its place alongside the seven pla
News that the Department of Energy and Climate Change (DECC) has awarded an investment contract for the planned Dudgeon Offshore Wind Farm off Norfolk received positive feedback in the East of England Energy Zone (EEEZ). EEEZ inward investment director James Gray said: “Dudgeon is a key project for
Siemens, a German energy giant, has expressed its intent about Alstom takeover negotiations. The company released a statement yesterday, saying it had “submitted a letter to the Board of Alstom to signal its willingness to discuss future strategic opportunities.“ This follows the last-week’s news th
WYG has appointed Simon Sjenitzer as Associate Director, who will be helping to establish the strategic direction of energy and climate change business within the energy team and will be responsible for joining up all relevant capabilities under one umbrella to create a unified approach for WYG’s cl
Mr. Joe Houssian, a director and insider of NaiKun Wind Energy Group Inc, will complete a non-brokered private placement of 10,000,000 units at a price of $0.07 per Unit for gross proceeds of $700,000. Each Unit shall consist of one common share in the capital of the Company and 0.75 common share pu
RenewableUK commented on the release of a new marine energy roadmap from the UK Energy Research Centre and the Energy Technologies Institute. The report, which focusses on cost-cutting, identifies forty technology and deployment issues faced by the wave and tidal energy sector in the UK, and lays ou
Sustainable Marine Energy (SME) is the newest member of Ocean Energy Europe. Based in the Isle of Wight, Sustainable Marine Energy is a developer of an integrated support structure for tidal energy convertors – PLAT-O. PLAT-O, addresses the sectors two biggest challenges: Dramatically reducing insta
