Business & Finance
Denmark: North Sea Shipbrokers Acquires All Activities from North Sea Ship Agency
North Sea Shipbrokers announced that as of July 1, 2013 it acquired all activities from North Sea Ship Agency. This acquisition is a significant step in achieving growth for North Sea Shipbrokers and to secure that the company offers the best-innovated services for its clients. This acquisition comp
Red7Marine to Invest in Offshore Wind Farm Equipment (UK)
Red7Marine Offshore has recently secured a substantial new investment to fund a multi‐year programme of capital investment across the Red7Marine group. The programme will include investment in increasing the size of the Red7Marine vessel fleet, a major step forwards in the diving and sub‐sea capabil
DONG Energy Orders Second Floating LiDAR Device
Following five months of successful, high availability offshore operation of their first device, DONG Energy has just placed an order for the latest version of FLiDAR’s floating lidar wind measurement equipment. In recent weeks, the first FLiDAR device has measured wind speeds of over 25 m/s (10 min
UK: Wirral Council Awards RGF Grant to Osiris Projects
Wirral Council’s successful Regional Growth Fund (RGF) bid is being used to help a local business create a raft of new jobs in the thriving offshore renewable energy sector. The Cabinet agreed at their last meeting to support the expansion of the seabed mapping company Osiris Projects by granting th
Australia: Carnegie Completes AUD 4 Mln Capital Raise for CETO 6 Development
Wave energy developer Carnegie Wave Energy Limited (CWE) has announced that it has completed a capital raise of $4 million by issuing convertible notes to provide early access to the expected R&D tax refund for the financial year ended 30 June 2014. The funds will be used to fast track the design of
Companies Call for Strong 2030 EU Climate and Energy Framework
Eight European companies call for a strong 2030 EU climate and energy framework based on mutually reinforcing tools and targets, including an ambitious and legally binding target for the share of renewable energy in the energy mix of more than 30%. Collectively, the group represents 176,000 jobs and
Canada: Trillium Power’s $2.25 Billion Claim to Proceed
Ontario Court of Appeal’s ruling from November 12 will allow Trillium Power its day in court to seek damages of $2.25 Billion arising from Trillium Power’s claims of “misfeasance in public office” by the Ministries named in the action. Trillium Power claims that it had been specifically targeted by
Canada: Nova Scotia Approves New Feed-In Tariff Rates for Tidal Energy
Nova Scotia Utility and Review Board (UARB) yesterday approved new feed-in tariff rates for large scale tidal energy projects. “The decision is an important milestone in developing our tidal energy industry in Nova Scotia,” said Energy Minister Andrew Younger. “The rates will give the tidal industry
Arklow Marine Delivers EUR 2.3 Mln Worth WFSV to Alicat
Arklow Marine Services has delivered an offshore wind farm service vessel (WFSV) to Alicat, which intends to operate the vessel across the UK’s offshore wind farms, according to Irish media. Irish shipbuilder has built the vessel called Gardian 18 in 30 weeks ‒ on schedule and on budget. The vessel,
Bladt Produces XL Foundations for Deep Water Wind Turbines
Bladt Industries is moving hand in hand with the offshore wind industry’s advancement toward deep-water installations further out at sea, where larger structures are installed, therefore the company is now producing XL foundation and jacket structures. To accommodate such massive production, Bladt i
E.ON Sells 80 Pct in Rödsand II Offshore Wind Farm (Denmark)
E.ON today agreed to sell an 80 percent stake in its 207 megawatt Rödsand II (Nysted 2) offshore wind farm to the Danish energy company SEAS-NVE. The deal is consistent with E.ON’s ‘less capital, more value’ strategic approach. E.ON will retain a 20 percent stake and will remain the operator for the
The Netherlands: IHC Merwede’s CEO Steps Down
IHC Merwede has announced that its CEO, Dirk Philips, will step back from his role within the company. Dirk Philips succeeded Govert Hamers as the new CEO of IHC Merwede on September 1, 2013. Over the past two months, he has led the Board of Management to formulate some important aspects of IHC Merw
Germany: Throttling Wind Power Industry Completely Wrong Signal for Investors
Industrial Union of Metalworkers from Küste district, IG Metall Küste has urged the North German federal states to push the coalition negotiations between CDU/CSU (Christian Democrats) and the SPD Social Democrats toward further expansion of offshore wind power. “The announced reduction is a complet
3sun Group Appoints Renewables Director
3sun Group has created a new position within the company. Andrew Elmes has been appointed as Renewables Director, a role created to drive forward the company’s strategy for offshore and onshore wind turbine installation, operations and maintenance. Prior to joining 3sun Group, Mr Elmes spent four ye