Ocean Power Technologies, Inc. (OPT) today announced that it recently received approximately $1.75 million through the State of New Jersey’s Business Tax Certificate Transfer Program. The Program enables companies to raise cash to finance their growth and operations and is administered by the New Je
Nigel Webb, formally a Director of DTZ and Midas Commercial Developments, has joined Tidal Lagoon Power as Head of Property. Mark Shorrock, Chief Executive of Tidal Lagoon Power said: “Having been a property consultant and a successful developer, Nigel has a unique combination of consultancy and pra
New Jersey Governor Chris Christie and legislative leaders were warned to delay leasing offshore wind tracts along the Jersey coast, writes the New Jersey Spotlight. Namely, top companies from this industry, including Deepwater Wind and Offshore MW, wrote a letter saying that the state could ” lose
Seajacks could expand its workforce from the current 260 to 450 in the next two years, the company’s CEO Blair Ainslie is cited by the EDP24 news site as saying. Mr. Ainslie has forecasted this based on the growing offshore wind industry and the accompanying need for new people and vessels. He said
Merseyside industrial engineering firm SeaKing Electrical has undergone a major investment in staff training in a bid to drive growth in the marine, offshore and windfarm sectors. The Birkenhead-based company has invested heavily across a number of areas including offshore survival training and work
HAROPA Port du Havre will get EUR 57 million to prepare for the development of offshore wind in the Le Havre area. This agreement was signed on Tuesday, January 21, at the Grand Port Maritime du Havre, and marks a milestone in the offshore wind industry in the area. In the fall of 2011, manufacturer
SSE plc yesterday issued its Interim Management Statement, in which the company announced a revision of its offshore wind projects, and that could result in cutting back its offshore wind investment. This is because the UK Government did not include SSE’s Galloper and Beatrice offshore wind projects
The UK Education Secretary Michael Gove today gave the approval to the Humber University Technical College (UTC) in Scunthorpe, North Lincolnshire. The Humber UTC is led by the University of Hull in partnership with North Lincolnshire Council, North Lindsey College and Outwood Grange Academies Trust
The South West has announced a further investment of around £535,000 into its marine renewables industry, following the confirmation of funding for a number of projects to drive forward the sector. The funds will target marine renewable projects over the next two years aiming to assist the industry
On January 21, the International Renewable Energy Agency (IRENA) launched a pioneering new report on employment in the renewable energy sector, Renewable Energy and Jobs. The first global study of its kind, it features new data on employment within the sector, as well as recommendations for policy m
A reduction in greenhouse gas (GHG) emissions by 40% below the 1990 level, an EU-wide binding target for renewable energy of at least 27%, renewed ambitions for energy efficiency policies, a new governance system and a set of new indicators to ensure a competitive and secure energy system. These are
Fishermen and business people from Kilkeel in Northern Ireland have teamed up and took advantage of the booming offshore wind and tidal energy industries. They formed the Kilkeel Collaborative Network, which represents fishermen and onshore service providers, and secured marine service contracts wor
DONG Energy today signed an agreement to divest its sales activities in the Netherlands – DONG Energy Sales B.V. – to Eneco. DONG Energy has agreed with the buyer that the sales price will not be disclosed. The divestment is still subject to certain conditions, including merger control clearance in
It is official: Areva and Gamesa are entering into exclusive negotiations to create a 50/50 joint-venture company in the field of offshore wind power. The companies announced this yesterday via official press release, just a couple of days after the rumors about their joint venture had come out in t
