Business & Finance
GBP 3 Million Investment to Reduce Offshore Wind Consenting Risks
The Crown Estate, Marine Scotland and Department of Energy and Climate Change (DECC) have commissioned the Carbon Trust’s Offshore Wind Accelerator (OWA) to form the Offshore Renewables Joint Industry Programme (ORJIP). The programme has been created to reduce the consenting risks for large-scale of
Japan Setting the Scene for Offshore Wind Development
As Japan’s shift to renewable energy gears up after the Fukushima disaster, the country is progressively pushing for offshore wind power, having in mind that its onshore wind capacities are rather limited. The Ministry of Economy, Trade and Industry (METI) announced on Friday that it will establish
AREVA and KEPCO to Cooperate in Renewable Energy Sector
AREVA and South Korea’s largest utility, KEPCO, have signed a Memorandum of Understanding (MOU) in the renewable energy sector. AREVA will identify with KEPCO the commercial opportunities in its fields of expertise in renewable energy: offshore wind, energy storage, concentrated solar power, and bio
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
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
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
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
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
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
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,
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
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
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
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