Business & Finance
SSE Reviews Its Wave and Tidal Projects (UK)
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
Denmark: Goldman Sachs, ATP, PFA to Invest EUR 1.48 Billion in DONG Energy
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
GMB Seeks Assurances That E.ON’s OWF Will Create Local Jobs (UK)
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 […]
IDB Funds Two Chilean Marine Energy Projects
Chile will launch two marine energy pilots on the southern coast of the country, an initiative that aims at supporting the development of this energy source, contributing to foster the country’s energy security and the diversification of its economy. The initiative will explore the potential of this
Wave Hub Appoints New Commercial Director (UK)
Wave Hub, the offshore renewable energy test facility in Cornwall, has recruited one of the industry’s leading commercial managers to help spearhead its future growth. Stuart Herbert has been appointed as Wave Hub’s commercial director to lead negotiations with companies planning to use the test sit
UK: Steel River Consultants Strengthens Its Team
Teesside-based Steel River Consultants (SRC) has appointed a new member of the team to help spearhead the group’s drive to become a major player in the renewables sector. Rob Dotchin, 48, has extensive experience of HSE leadership having worked for Siemens Renewables, both on-shore and off-shore, an
Euskalforging Reaches New Milestone (Spain)
On September 26th, Euskalforging received an order for 43 TP flanges for the Luchterduinen offshore wind farm. A record of 615 TP and MP flanges will be supplied by Euskalforging this year. Reported projects (TP and MP flanges) gained during 2013 by Euskalforging are: Dan Tysk, Amrumbank West, Humbe
Vestas to Supply 43 Offshore Wind Turbines for Dutch Project
Vestas will supply 43 V112-3.0 MW offshore-turbines for the Eneco Luchterduinen offshore wind farm off the coast of the Netherlands. Eneco Luchterduinen is owned by Dutch energy company Eneco and Mitsubishi Corporation from Japan. Construction of the project will begin in July 2014. The order with a
Atlantis, Lockheed Martin Partner Up to Deliver Commercial Scale Tidal Energy
Atlantis Resources Corporation has yesterday announced a new global partnership with Lockheed Martin. Having already worked closely together on a number of projects, the two companies have now signed an agreement covering a worldwide systems integration alliance, as well as design and engineering se
UK: Dogger Bank Creyke Beck Eye Catcher for North-East Businesses
Dogger Bank Creyke Beck, a 2.4 GW offshore wind project proposed by Forewind, is an eye catcher for businesses in the UK’s North-East, a region which can provide a vast supply chain for the project’s development. The Planning Inspectorate has accepted the project’s application just recently, and bus
Vestas and MHI Establish Strong Offshore Wind Partnership (Denmark)
This morning, Vestas Wind Systems A/S (Vestas) announced the establishment of a joint venture (JV) with Mitsubishi Heavy Industries Ltd. (MHI), which is dedicated to offshore wind energy. The establishment of this joint venture is a response by the two companies to the strong growth potential of the
Eiffage Acquires Main Entities of Smulders Group, Opts for Offshore Wind
The Metal branch of Eiffage has signed a contract for the acquisition of the main entities of the Smulders group: Smulders, Iemants, Willems and Spomasz. The acquired businesses will generate about €200 million of revenues for 2013 (for the full year) with 770 employees located in Belgium, Netherlan
UK: Knights Offshore Support Takes Delivery of CTruk’s OWSV
New business venture Knights Offshore Support (KOS) has taken delivery of its first CTruk 20T MPC offshore wind support vessel (OWSV), Coastal Knight, which will soon join offshore wind industry service provider CWind’s growing charter fleet. Owner Paul Knight considers CTruk’s multi-role composite
UNO Gets USD 121,000 to Develop Motion Control for Ocean Current Turbines
The University of New Orleans (UNO) School of Naval Architecture and Marine Engineering has received a $121,000 grant from the National Science Foundation to develop ocean current turbines that will be able to convert the energy of the sea into electricity. The project, “Collaborative Research: Opti