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Business & Finance

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UK: Recent Graduate Climbs the Offshore Energy Ladder
Business & Finance

UK: Recent Graduate Climbs the Offshore Energy Ladder

Recent graduate Katie Musgrave is playing a leading role in a young company’s pioneering scour protection technology thanks to the direct support of her university. Katie became product engineer with Scour Prevention Systems only a month after graduating with distinction from her Masters in Energy E

about 13 years ago
UK: Energy Minister Announces GBP 7 Million for Offshore Renewable Energy
Business & Finance

UK: Energy Minister Announces GBP 7 Million for Offshore Renewable Energy

Businesses developing innovative solutions for wave, tidal and offshore wind technologies are to get extra help from the UK’s innovation agency, it was announced today. Speaking at the European Ocean Energy Conference in Edinburgh, Energy and Climate Change Minister Greg Barker revealed that up to £

about 13 years ago
Offshore Wind Meet the Buyer Event Brings Scottish Supply Chain Together
Business & Finance

Offshore Wind Meet the Buyer Event Brings Scottish Supply Chain Together

More than 100 Aberdeen Renewable Energy Group (AREG) members and Scottish businesses attended an innovative Offshore Wind Meet the Buyer event aimed at bringing together the Scottish supply chain and the firm behind the world’s first floating wind turbine. AREG, in partnership with Scottish Enterpri

about 13 years ago
EWEA: Clarity Needed in “Skewed” Energy Subsidies Debate
Business & Finance

EWEA: Clarity Needed in “Skewed” Energy Subsidies Debate

Attempts to compare subsidies for different energies in the UK are “apples to oranges” and muddle a skewed debate further, the CEO of the European Wind Energy Association (EWEA) said today. With the European Commission preparing guidance on public intervention in energy markets, EWEA is calling for

about 13 years ago
Vattenfall to Start Recruitment for New CEO (Sweden)
Business & Finance

Vattenfall to Start Recruitment for New CEO (Sweden)

Vattenfall’s CEO, Oystein Loseth has informed the Board of Directors that he does not want to negotiate an extension of his fixed-term contract, which is due to expire in March 2015. The Board of Directors has now begun the process of finding a successor. Vattenfall’s CEO Øystein Løseth: “I have inf

about 13 years ago
Sweden: Vattenfall Releases Q3 Report
Business & Finance

Sweden: Vattenfall Releases Q3 Report

Vattenfall reports a stable underlying operating profit of nearly 21 billion SEK for the period January-September 2013. Cost-cuttings and price hedging have contributed to the result while higher costs for CO2 emission allowances have had a negative impact. Summary of the third quarter and the nine

about 13 years ago
UK: Mabey Bridge’s Renewables Business Grows
Business & Finance

UK: Mabey Bridge’s Renewables Business Grows

The new-in-post senior management team appointed by wind turbine tower manufacturer Mabey Bridge to oversee an expansion in the company’s renewables interests has hit the ground running – securing orders for more than 30 towers in just two months. Among the key contracts, won since the formation of

about 13 years ago
3sun Turnover Almost Triples Since 2010/2011
Business & Finance

3sun Turnover Almost Triples Since 2010/2011

Great-Yarmouth based 3sun Group, a specialist provider of products and services to the global energy industry, has reported a turnover of £13.7 million for the financial year 2012/13. The company’s turnover increased almost three-fold from 2010/2011, going from £2.4million to £6.5million, and almost

about 13 years ago
GMS to Use Scottish Offshore Wind Advantages
Business & Finance

GMS to Use Scottish Offshore Wind Advantages

Green Marine Solutions (GMS) has opened a new office at the Scottish Enterprise Inovo building in Glasgow, Scotland, as it strives to harness the benefits of the offshore wind industry, Herald Scotland reports. The company is headquartered in Newcastle-upon-Tyne, and the Glasgow base is now establis

about 13 years ago
Areva’s Offshore Wind Revenue Decreases (France)
Business & Finance

Areva’s Offshore Wind Revenue Decreases (France)

Areva issued its results for the first nine months of 2013 yesterday, which show that its renewable energy business is facing revenue decrease. The company’s Renewable Energies Business Group ended the first nine months with a 26.6% decrease in revenue in comparison to the same period of 2012. The r

about 13 years ago
OWIM 2013 Main Focus: Bringing Offshore Wind Costs Down
Business & Finance

OWIM 2013 Main Focus: Bringing Offshore Wind Costs Down

The main focus of the OWIM Conference this year was cost reduction in offshore wind installation and maintenance, which would eventually lead toward cheaper electricity generated from offshore wind resources. Two sessions were held under the title Bringing Down LCOE (Levelised Cost of Energy), discu

about 13 years ago
OWIM 2013: Reducing Risks in Offshore Wind Contracting
Business & Finance

OWIM 2013: Reducing Risks in Offshore Wind Contracting

This year’s Offshore Wind Installation and Maintenance (OWIM) Conference, a side-event of the Offshore Energy Exhibition & Conference, dedicated a session to the risks in offshore wind contracting. The session was held under the title Managing and Reducing Interface Risks in Contracting, and was cha

about 13 years ago
Offshore Energy 2013: Take a BOW for Offshore Wind
Business & Finance

Offshore Energy 2013: Take a BOW for Offshore Wind

BOW Terminal is growing along with the offshore wind sector. The company is advancing its business by investing in further improvements. Offshore WIND spoke to Arjen Pattenier, Business Unit Manager of BOW Terminal, at this year’s Offshore Energy event in Amsterdam. Offshore WIND: First of all, I wa

about 13 years ago
Australia: Carnegie Receives Research and Development Tax Incentive
Business & Finance

Australia: Carnegie Receives Research and Development Tax Incentive

Wave energy developer Carnegie Wave Energy Limited announced the receipt of a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $2.26 million. The R&D Tax Incentive provides a tax rebate to support Australian companies to undertake research and development in Austr

about 13 years ago
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