Today, the Danish Parliament’s Finance Committee approved the agreement on capital investment in DONG Energy of approx DKK 13 billion. The investment comes partly from new investors, Goldman Sachs: DKK 8 billion, Arbejdsmarkedets Tillægspension: DKK 2.2 billion and PFA Pension Forsikringsaktieselska
Coastal Resources Management Council raised no objection to the Deepwater Wind’s wind energy project offshore Block Island, thus removing another hurdle in the realisation of this project, writes the Providence Journal. The council released a report listing 17 recommendations, including the one to p
Typhoon Offshore B.V. (“Typhoon Offshore”) announced it has entered into agreements with Northland Power Inc. (“Northland”) regarding the sale of Typhoon Offshore’s remaining 5% interest in Gemini, the 600MW offshore wind project currently in advanced development. This will top up Northland’s majori
Humber LEP is celebrating fruitful cooperation with Able Marine Energy Park (AMEP) and North Lincolnshire Council to secure the project £14.9m from the Enterprise Zone Capital Grant Fund. The Humber was one of 12 Local Enterprise Partnerships to successfully bid for a slice of the £100m Enterprise Z
Efforts to lower the cost of offshore wind energy have taken a step forward with the SPARTA (System Performance, Availability and Reliability Trend Analysis) project, which will create a database for sharing anonymised offshore wind farm performance and maintenance data. The project was launched tod
Participants of the Wind Working Group, which is a part of the Wilhelmshaven Port Management Association e.V. (Wilhelmshavener Hafenwirtschaft-Vereinigung; WHV), agreed at their fifth meeting that the Wilhelmshaven harbor’s inner port has optimal conditions to become a growing service port for the o
Through its Offshore Wind Accelerator programme (OWA ), the Carbon Trust has awarded DONG Energy GBP 6 million (DKK 54 million) to co-fund full scale demonstration of a new offshore wind turbine foundation called the Suction Bucket Jacket. If the demonstration is successful, it could be implemented
Singaporean tidal energy firm, Atlantis Resources is looking to cash in GBP 20 million on the London stock exchange, writes Green Wise news site. This would raise the total value of the company to GBP 80 million. The company recently appointed John Neill CBE as Non-Executive Chairman, on which occas
HitecVision has announced the acquisition of GC Rieber Shipping ASA (GCR) shares in Reef Subsea. Through this share purchase HitecVision secures 100% of the shares in the company and enables Reef Subsea to move forward with a strategy to develop Reef along two main business areas – dredging and exca
Fred. Olsen Windcarrier International Ltd. has been awarded an extended contract with the German company Global Tech I Offshore Wind GmbH for the work that will be performed using the jack-up vessel Brave Tern. The contract is a direct continuation of the current work on the German North Sea project
Carnegie Wave Energy Limited (CWE) has shortlisted four sites for its CETO 6 project that will follow the Perth Wave Energy Project. The company announced that two possible sites have been identified in Australia and two more internationally: one in France and one in the UK. Carnegie is now in discu
The Scottish offshore wind industry could be threatened by an investment gap after major developers have more than halved their spending in Scotland. Scottish Renewables, which represents more than 330 companies working in the renewable energy sector, obtained figures from offshore wind developers w
Scottish Enterprise’s new £10 million industry engagement building, called inovo, based at the heart of Glasgow’s International Technology and Renewable Energy Zone (ITREZ), has been officially opened today, 27 January 2014, bringing new jobs and investment opportunities to Scotland. Built to suppor
RES Offshore, providers of end-to-end development, engineering, construction and O&M support for wave and tidal projects, has announced the appointment of well known industry figure, Dr Douglas Watson, to the post of Project Development Manager for Wave and Tidal. Ray Hunter, Marine Energies Manager
