Business & Finance
LORC Appoints New Chairman (Denmark)
Anders Eldrup, former DONG Energy CEO, is appointed new chairman of the Danish wind turbine test centre LORC, where the construction of LORC Nacelle Testing is progressing according to plan. Anders Eldrup will hold a key position in the development of the offshore wind turbine industry as chairman o
CLS Offshore One of 1000 Companies to Inspire Britain
The London Stock Exchange has identified 1,000 of the UK’s most notable small and medium enterprises to Inspire Britain in its landmark business report. Included in this list is Great Yarmouth-based CLS Offshore Limited. The report aims to highlight the importance of SME’s to the future of the UK ec
SgurrEnergy’s New Business to Develop Advanced Control Systems for Wind, Tidal Turbines
SgurrEnergy, part of Wood Group, has invested in a control engineering technology business specialising in the development and provision of advanced control systems for wind and tidal turbines. Formerly operating as StrathControl, and now renamed SgurrControl, the new business will retain its curren
The Netherlands: Gemini Permits Irrevocable
Typhoon Offshore, on behalf of Gemini, announced that the permits for Gemini, the 600MW offshore wind farm that will be built in the North Sea 55 kilometers north of the Dutch island of Schiermonnikoog, are now irrevocable. The permits had to be amended due to the complete redesign of the project, r
Offshore Renewable Energy Catapult Hails UK Government’s Decision
In response to the UK Government’s announcement on changes to government renewable energy subsidies, ORE Catapult CEO Andrew Jamieson said: “We welcome the Government’s announcement of additional financial support for the development of offshore wind energy generation, in recognition of both the cha
DONG Energy Comments UK’s New Strike Prices for Renewables
DONG Energy has commented the announcement from the UK Government about new strike prices. Brent Cheshire, DONG Energy UK Chairman said: “We welcome the announcements from the Government on the FID-Enabling process and the strikes prices today. This is a concrete step in the right direction from the
Energi Coast: Investors and Developers Can Look to Future with More Confidence
Energi Coast, North East England’s renewables group, has welcomed the Government’s announcement to maintain the level of subsidies for offshore wind as part of its National Infrastructure Plan. The plan sets out a commitment to maintain the guaranteed price of offshore wind, known as strike prices,
RenewableUK Welcomes Government’s Announcement
RenewableUK has welcomed the publication of the National Infrastructure Plan 2013 by the Treasury, which confirms the levels of financial support for onshore and offshore wind between 2015 and 2019. The reduction in financial support for offshore wind is less steep than had been mooted in the draft
Neart na Gaoithe OWF among First to Qualify for UK’s New Support Scheme
Mainstream Renewable Power today confirms that its 450 megawatt offshore wind farm in Scotland has been announced by the Department of Energy and Climate Change (DECC) as one of the first projects eligible to apply for the UK’s new renewable energy support scheme. DECC has this morning published det
UK Invests More Money in Offshore Wind
Additional investments of around £40 billion are expected in the UK’s renewable electricity generation projects up to 2020, following updated contract terms and strike prices published today and wider reforms to the electricity market. The strike prices and contracts reinforce the UK’s position as o
Swansea Bay Tidal Lagoon to Generate GBP 300 Million Spending for Wales
The Welsh Economy Research Unit at Cardiff University has published a report on the economic potential of Swansea Bay Tidal Lagoon. The report predicts that capital investment would be £756 million of which £300 million will be spent in Wales (40%). This could result in a total additional £454m of a
UK to Boost Offshore Wind by Cutting Onshore Wind Subsidies
The UK Government will soon announce that it will reduce subsidies for solar power and onshore wind, in order to give more support to offshore wind development. This move is a part of the new strategy on energy subsidizing from the Government, the BBC informs. The most recent “strike prices” draft w
TAG Energy Targets International Offshore Wind Market
TAG Energy Solutions continued to build its presence in the international offshore wind market with an appearance at EWEA Offshore in Frankfurt. The event brought together thousands of wind industry professionals from the entire supply chain attracting senior management from all of the major develop
Tidal Transit Wins Charter Contract for Three Vessels (UK)
Leo Hambro, Commercial Director of Tidal Transit, has announced that the company had just been awarded its third 18-month vessel charter contract by Scira Offshore Energy Limited. This will see the Eden Rose working alongside its sister vessels Ginny Louise and Tia Elizabeth transporting turbine tec