Business & Finance
Major OW Players Team Up with Universities to Reduce Costs (UK)
A large collaboration, which aims to reduce costs of offshore wind by decreasing the amount of steel used in foundations, has emerged under the Carbon Trust’s Offshore Wind Accelerator (OWA) scheme. Led by DONG Energy, the partners working on this research project intend to find a solution to design
Carbon Trust: Why Offshore Wind Cost Reduction Must Now Take Precedence (UK)
In the following article, Phil de Villiers, Head of Offshore Wind at the Carbon Trust, looks at why the UK offshore wind industry must embrace cost reduction to reduce uncertainty: It’s been a busy few weeks for the UK’s offshore wind industry. David Cameron provided a welcome boost by generating so
UK Government Issues Contract Terms, Provides Certainty to Investors
A detailed draft of the contract that Government will offer investors in low-carbon energy generation was published yesterday, providing further certainty to prospective developers and investors. Government is reforming the electricity market through the Energy Bill in order to keep the lights on, d
Mercom Capital Group Releases Wind Q2 2013 Funding and M&A Report (USA)
Mercom Capital Group, llc, a global clean energy communications and consulting firm, has released its report on funding and merger and acquisition (M&A) activity for the wind sector during the second quarter of 2013. Wind venture capital (VC) funding picked up significantly this quarter amounting to
UK: RES Offshore Signs O&M Contract for Met Masts in Dogger Bank Round 3 Zone
RES Offshore has recently signed an Operations and Maintenance (O&M) services contract with Forewind for two met masts in the Dogger Bank Round 3 zone. These met masts are the furthest offshore of any in the UK and RES will be delivering scheduled and unscheduled maintenance for the structures and i
DONG Energy Wins European Business Award in Denmark
DONG Energy has won the European Business Awards in Denmark and is now through to the international competition. Commercial success. Innovation. Business ethics. These are the three criteria that the people behind the European Business Awards base their decision on when they have to select the compa
Natural Power to Open Largest Renewable Energy Consulting Office in Scotland
International renewable energy consultancy Natural Power has confirmed plans to open a substantial new office in Stirling, Scotland. Opening in Autumn 2013, the office is expected to be the single largest renewable energy consultancy office in Scotland, with capacity for 140 staff. Around 90 staff w
Sweden: Minesto Strengthens Management and Product Development with New CTO from Volvo
Nordic marine energy technology leader Minesto, with a marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents, has appointed Dr. Heije Westberg as the company’s new Chief Technology Officer. Dr. Heije Westberg has previously been Manager fo
K2 Management Opens Branch Office in Taiwan
K2 Management is now in a stronger position to supply its support, knowledge and experience to the wind industry in Taiwan and the surrounding region, with the official opening of the company’s office in Taiwan in July 2013. The local Government has set the goal to install 1000 wind turbines by 2030
Scottish Renewables Officially Opens New Office in Glasgow
Anas Sarwar, MP for Glasgow Central and Deputy Leader of the Scottish Labour Party joined 70 representatives of the renewable energy industry alongside Scottish Renewables Chief Executive, Niall Stuart, to officially open the new offices in Bath Street on August 1. Scottish Renewables is a membershi
Ireland: Marubeni and Mainstream Agree EUR 100 Million Equity Investment
Global wind and solar developer, Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation today agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream. The deal, which is subject to shareholder approval, represents the largest s
JECS Offshore Access Expands into Germany
UK based JECS Access Limited`s Offshore Division has now opened a depot in Germany following the company’s success & growth within the Offshore Wind Industry. The company which has only been trading for 1 year provides Scaffolding Access, Encapsulation & Encapsulated Enclosures to Offshore Installat
UK: Majority Backs Financial Support for Wind and Tidal Power
RenewableUK, the trade association representing the wind, wave and tidal industry, has welcomed a new YouGov poll commissioned by the Sunday Times which shows strong backing for financial support for wind and tidal power, with a majority of each of Conservatives, Labour, Liberal Democrats and UKIP v
USA: UMaine Receives USD 1 Million Wind-Wave Generation System Grant
U.S. Senators Susan Collins and Angus King announced that the University of Maine, along with partners Maine Maritime Academy, Sandia National Laboratories, and the National Renewable Energy Laboratory, received a $983,997 grant from the National Science Foundation to design, develop, and construct