As part of Vestas’ turnaround plan announced in January 2012 and as also restated in the interim financial report for the second quarter of 2013, Vestas has been negotiating with potential buyers of Vestas’ machining and casting units. These negotiations have now been finalised with the signing of a
Norfolk based Fendercare Marine, one of the world’s foremost suppliers of marine products and services, has won a significant contract to supply Yokohama fenders to Eastport UK, Norfolk’s premier port. The contract, won against strong international competition, is for the supply of 17 Yokohama pneum
Since the commissioning, the WINDEA one catamaran has had its schedule fully chartered out. After two short termed charters, the WINDEA one and its crew is now operating for the wind farm Borkum West II for a longer period. The WINDEA one is directly chartered by TRIANEL Windkraftwerk Borkum GmbH &
Able UK, which is developing the Able Marine Energy Park (AMEP), has welcomed yesterday’s decision of the UK Government to invest GBP 100 million in enterprise zones for their completion of key infrastructure projects and successful competition for new businesses. The Government explained that the f
Some 1,500 wind turbines in the North and Baltic Seas will be producing electricity for consumers on the mainland by 2020. Nico Nolte from the German Federal Maritime and Hydrographic Agency (BSH) calculated that the installed capacity at the end of the decade will amount to 7000-8000 megawatts – a
Renewable energy – such as wind – is only competitive thanks to generous UK Government subsidies. Those subsidies are paid for by consumers through higher household energy bills. The TaxPayers’ Alliance can reveal that, even based on conservative projections, those subsidies will rise from just unde
Sutton Bridge Parish Council is trying to get the best from Centrica’s offshore wind projects and protect its citizens and shore at the same time, as the Race Bank project development gears up. After the cables were laid through the Sutton Bridge sea bank for Lincs offshore wind farm, the sea bank w
The UK Government is putting an extra £100 million on the table so enterprise zones can complete key infrastructure projects and successfully compete for the new businesses that will create thousands of local jobs across the country, Communities Secretary Eric Pickles announced today (7 October 2013
Mainstream Renewable Power today announced the closing of the €100 million equity investment by global Japanese Trading Company Marubeni Corporation. The deal, which was announced in August, has been approved by Mainstream’s shareholders and makes Marubeni the largest institutional investor in Mains
Nordsee One GmbH is seeking onshore services for Nordsee 1 offshore wind farm. The contract to be awarded concerns the services regarding the provision of 2 berths for 2 crew transfer vessels and onshore facilities for the Nordsee 1 offshore wind farm. The onshore facilities should also consist of a
The Humber Local Enterprise Partnership (LEP) has been given the message from bankers in the region that they are “open for business”. The LEP regularly meets with Humber bankers to exchange information and understand the business environment, as a barometer to what is happening in the local economy
Following recent media speculation surrounding SSE’s future involvement in marine development projects, the company has confirmed the following: “SSE is currently undertaking a review of its marine (wave and tidal) portfolio and assessing options for the progression of the development projects invol
The Danish State represented by the Ministry of Finance and DONG Energy A/S have reached an understanding with funds managed by the Merchant Banking Division of Goldman Sachs (Goldman Sachs) and the Danish pension funds Arbejdsmarkedets Tillægspension (ATP) and PFA Pension Forsikringsaktieselskab (P
There are concerns that there will be no benefit to the south coast economy and that if there was a serious intent to develop green jobs in the UK this would be not allowed to happen, says GMB. GMB, the union for workers in the energy sector, is asking EON, the energy company seeking to […]
