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Business & Finance

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Falck Invests GBP 100,000 in Crisis Management Facilities for Offshore Sector (UK)
Business & Finance

Falck Invests GBP 100,000 in Crisis Management Facilities for Offshore Sector (UK)

Falck Safety Services has invested more than GBP 100,000 in cutting edge crisis management facilities near its existing training centre at Aberdeen airport. The facilities, based in Forties Road at Aberdeen Airport provide state-of-the-art training rooms for Major Emergency Management Initial Respon

about 13 years ago
UK: GMS Receives GBP 450,000 to Complete ROAM Software
Business & Finance

UK: GMS Receives GBP 450,000 to Complete ROAM Software

Green Marine Solution (GMS), a provider of professional marine services and specialist support to the offshore wind industry, has received GBP 450,000 from Northstar Ventures’ Finance for Business North East Accelerator Fund. “The funding received from Northstar is going to be used primarily to comp

about 13 years ago
Mak Industrial Water to Manufacture and Construct Carnegie’s Wave Powered Desalination Plant
Business & Finance

Mak Industrial Water to Manufacture and Construct Carnegie’s Wave Powered Desalination Plant

Carnegie Wave Energy Limited (CWE) today announced the award of the manufacturing and construction contract for its wave powered Desalination Pilot Plant to Perth-based MAK Industrial Water Solutions. MAK Industrial Water Solutions is an experienced provider of reverse osmosis desalination solutions

about 13 years ago
China Longyuan Power Announces Q3 Results
Business & Finance

China Longyuan Power Announces Q3 Results

On October 31, China Longyuan Power announced the unaudited consolidated results for the first three quarters of 2013. On the evening of the announcement of results, Jia Nansong, Board Secretary of China Longyuan Power held the videophone conference of global investors, and a total of 96 internation

about 13 years ago
Ireland Could Cash In EUR 10 Billion from Wind Energy a Year
Business & Finance

Ireland Could Cash In EUR 10 Billion from Wind Energy a Year

Ireland could generate EUR 10 billion a year from wind power, estimates the National Offshore Wind Association spokesman Grattan Healy, reports the Irish Times. The offshore wind electricity is the best option for export to Britain since “planning offshore is easier, there’s nobody living there and

about 13 years ago
Vattenfall Gives Green Light to Investment in Kentish Flats Extension (UK)
Business & Finance

Vattenfall Gives Green Light to Investment in Kentish Flats Extension (UK)

Vattenfall has given the green light to a 15 turbine offshore wind farm off the Kent coast. Vattenfall’s 49.5 megawatt (MW) Kentish Flats Extension (KFE), consented by the UK Government’s Energy Secretary earlier this year, has gained a final investment decision from the Vattenfall Board of Director

about 13 years ago
UK’s Low Offshore Wind Subsidies Could Terminate Race Bank Project
Business & Finance

UK’s Low Offshore Wind Subsidies Could Terminate Race Bank Project

UK Ministers are due to confirm final levels of offshore wind subsidies in December, and the developer of Race Bank offshore wind project, Centrica, says that if the subsidies are not increased, the project will be out of the picture, the Telegraph finds out. Under the proposed levels of subsidies,

about 13 years ago
UK: EMEC Appoints New Commercial Director
Business & Finance

UK: EMEC Appoints New Commercial Director

European Marine Energy Centre (EMEC) announced today that Oliver Wragg has been appointed as Commercial Director. In this role, Oliver will provide a business development regime that establishes a firm commercial approach; liaises with developers, funders, and partners; and participates in new initi

about 13 years ago
Norway: Offshore Wind Boosts Bonheur ASA’s Q3 Revenue
Business & Finance

Norway: Offshore Wind Boosts Bonheur ASA’s Q3 Revenue

As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership (50% / 50%) of their major investments, the ownership struct

about 13 years ago
UK: Vestas’ R&D Managing Director Resigns
Business & Finance

UK: Vestas’ R&D Managing Director Resigns

Rob Sauven, Managing Director of Vestas R&D UK has resigned his position. However, Mr. Sauven will stay with the company until April 2014. “A selection process for a replacement has been initiated and until a candidate has been selected Servet Sert, senior vice- president of industrialisation in Ves

about 13 years ago
Denmark: New Assignments for Blue Water Shipping
Business & Finance

Denmark: New Assignments for Blue Water Shipping

For three years, Blue Water Shipping has been working on several interesting assignments during the construction of Denmark’s largest wind farm – Anholt Offshore Wind Farm – which opened in September. More than 3.000 people have been working on site during the project phase, and over 100 ships have

about 13 years ago
Lockheed Martin, Reignwood Group to Cooperate on OTEC Power Plant (USA)
Business & Finance

Lockheed Martin, Reignwood Group to Cooperate on OTEC Power Plant (USA)

Lockheed Martin and Reignwood Group have signed a contract to start design of a 10-megawatt Ocean Thermal Energy Conversion (OTEC) power plant, which, when complete, will be the largest OTEC project to date. Lockheed Martin is the industry leader in the development of OTEC technology, holding 19 rel

about 13 years ago
REpower to Rename Itself to Senvion (Germany)
Business & Finance

REpower to Rename Itself to Senvion (Germany)

REpower Systems SE, a wholly owned subsidiary of the Suzlon Group – the world’s fifth-largest manufacturer of wind turbines – will change its name in 2014: thereafter the company will be called Senvion. REpower has been using its name under licence since 2001. The rights belong to a Swiss company th

about 13 years ago
OPT Gets USD 2.6 Million for Wave Energy Device Development off Japan’s Coast
Business & Finance

OPT Gets USD 2.6 Million for Wave Energy Device Development off Japan’s Coast

Ocean Power Technologies, Inc. (OPT) today announced that the Company has received a $2.6 million contract from Mitsui Engineering & Shipbuilding Co., Ltd. (MES) to provide the final design and supply of key components of a PowerBuoy system intended for deployment off the coast of Japan to demonstra

about 13 years ago
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