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Business & Finance

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EU State Guidelines Endanger Meeting the 2020 Renewables Target
Business & Finance

EU State Guidelines Endanger Meeting the 2020 Renewables Target

The European Commission proposes putting an end to differentiated support for renewable technologies such as onshore and offshore wind in its consultation of draft State aid guidelines for energy and the environment published today. This would effectively stop Member States from determining their ow

about 12 years ago
RenewableUK: Able Marine Energy Park Could Create Thousands of Jobs
Business & Finance

RenewableUK: Able Marine Energy Park Could Create Thousands of Jobs

RenewableUK says today’s Government announcement granting final planning permission for a huge industrial base for the offshore wind sector on the east coast of England is a significant step forward which could lead to the creation of thousands of jobs. The £450 million project, Able Marine Energy P

about 12 years ago
Global Demand for Turbines with Larger MW Ratings to Increase
Business & Finance

Global Demand for Turbines with Larger MW Ratings to Increase

Wind turbines have grown larger, more productive, efficient, cost effective and reliable due to investments in technology and supply chain. The next 10 years will certainly bring further change, but the technology focus will shift, as the industry continues to mature and work towards LCOE grid parit

about 12 years ago
Businesses Support Swansea Bay Tidal Lagoon Plans
Business & Finance

Businesses Support Swansea Bay Tidal Lagoon Plans

Businesses have overwhelmingly backed plans to create the world’s first man-made tidal lagoon in Swansea Bay. Every business that took part in a survey by Swansea Bay Business Club said it supported the plans, and that the lagoon would be a positive development for the area. Even companies that did

about 12 years ago
UK: Maersk Training Turns Unemployed into Offshore Wind Technicians
Business & Finance

UK: Maersk Training Turns Unemployed into Offshore Wind Technicians

Local unemployed people are benefiting from new Careers in the Offshore Wind industry following their successful completion of a newly developed qualification offered by Maersk Training in Newcastle, designed to help them take advantage of job opportunities in the thriving UK offshore wind energy se

about 12 years ago
The Crown Estate Launches Tidal Range Market Engagement (UK)
Business & Finance

The Crown Estate Launches Tidal Range Market Engagement (UK)

The Crown Estate has today launched an industry engagement process to understand market interest in future tidal range and lagoons projects around the UK. Interested developers have until 7 February 2014 to participate and The Crown Estate will use the feedback to help shape any possible competitive

about 12 years ago
CG Opens Fourth Office in UK
Business & Finance

CG Opens Fourth Office in UK

Avantha Group Company CG, one of the world’s leading engineering companies, has opened its fourth office in the UK, at Stafford, complementing its existing offices in Hazel Grove-Stockport, Jarrow-Tyne and Wear and Inchinnan-Renfrewshire. The new office will support CG’s growing client base in the U

about 12 years ago
EWEA: Next Two Years Critical to Further Expanding European Offshore Wind Sector
Business & Finance

EWEA: Next Two Years Critical to Further Expanding European Offshore Wind Sector

The next two years will be critical to further establishing and expanding the European offshore wind sector, especially in Britain and Germany, one of the track chairs at the recent offshore conference in Frankfurt said earlier this week. Dima Rifai, CEO of Paradigm Change Capital Partners in the UK

about 12 years ago
DNV GL Launches New Global Brand
Business & Finance

DNV GL Launches New Global Brand

Following the recent merger between DNV and GL, DNV GL has launched a new global brand. “In defining our new identity as DNV GL, our company’s vision of making a ‘global impact for a safe and sustainable future’ has never been more relevant than it is today,” says Henrik O. Madsen, President & CEO,

about 12 years ago
Ocean Power Technologies Appoints New CFO (USA)
Business & Finance

Ocean Power Technologies Appoints New CFO (USA)

Ocean Power Technologies, Inc. (OPT), a wave energy technology company, has announced the appointment of Mark A. Featherstone as Chief Financial Officer, effective December 12, 2013. Mr. Featherstone, 52, is a seasoned executive with 30 years of experience working with capital markets, regulatory an

about 12 years ago
New Investment in Red7Marine to Boost Its Offshore Energy Services
Business & Finance

New Investment in Red7Marine to Boost Its Offshore Energy Services

Red7Marine Group Limited has announced an investment in the Group by Perwyn Limited, a private equity investor. The acquisition of an interest in the Group by Perwyn is concomitant with a substantial injection of new capital to enable Red7Marine to acquire additional assets to service its clients in

about 12 years ago
Canada: Trillium Power Files Amended Statement of Claim for $500 Million
Business & Finance

Canada: Trillium Power Files Amended Statement of Claim for $500 Million

On December 12, Trillium Power Wind Corporation filed a “Fresh as Amended Statement of Claim” as ordered by the Court of Appeal. Read the document here: Fresh as Amended St. of Claim Dec. 12 13 Ontario Superior Court of Justice filing responds to an Ontario Court of Appeal ruling last month that all

about 12 years ago
ScottishPower Renewables Quits Argyll Array OWF
Business & Finance

ScottishPower Renewables Quits Argyll Array OWF

ScottishPower Renewables has confirmed that they will not be taking forward their lease option to develop the Argyll Array Offshore Windfarm in the near future. The company has stated that the project may be viable to reconsider as offshore wind technology develops in the longer term, but estimates

about 12 years ago
DONG Energy Announces Qualification System for German OWF Construction
Business & Finance

DONG Energy Announces Qualification System for German OWF Construction

DONG Energy Wind Power A/S has announced a qualification system for the construction of offshore wind farms in Germany and construction and operation of support facilities to the wind farms. The construction and operation of support facilities incorporates the Operation and Maintenance Site and Comm

about 12 years ago
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