Business & Finance
WWF: Investing in Renewables Can Help Tackle Climate Change (Belgium)
Commenting on a report released today (10 June) by the International Energy Agency (IEA), Redrawing the energy-climate map, WWF said that, although the short-term measures proposed by the IEA to keep climate change within ‘safe’ levels were welcome, countries need to move further and faster to tackl
3sun Group Announces Opening of New Denmark Base
3sun Group, a specialist provider of products and services to the global energy industry, has announced the opening of its first office in Denmark, as part of the Group’s international growth plans. The new office in Esbjerg, Denmark will support 3sun Group’s increased presence in region, allowing t
USA: Ocean Power Technologies Announces Oregon-Based Regional Representation
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, has announced that it has engaged consultant Kevin Watkins to serve as its Pacific Northwest Representative. OPT is planning for deployment of a Mark 3 PowerBuoy® wave energy conversion system off the coast of Oregon, an
UK: Tidal Lagoon Swansea Bay to Raise GBP 2 Million
Tidal Lagoon (Swansea Bay) Plc has announced the launch of a £2m local community share offer to give the people of Wales the opportunity to be early stage investors in the planning and design development phase of the Swansea Bay Tidal Lagoon proposal. The £2m Community Share offer is part of the Com
Ireland: Impressive Stats for Island Tiger and Island Panther
In order to verify the fact that its Offshore Windfarm Crew Transfer Vessels were among the best in the business, Island Shipping decided to look back through the transfer logs. While operating for 20 months on Sheringham Shoal Offshore Windfarm, the Island Tiger and Island Panther carried out 37,20
UK: Reef Subsea to Realize Growth Strategy by Restructuring Business
Reef Subsea today announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success. Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsi
Belgium: Elia Seeks Contractor for OHVS Design and Construction
Elia Asset NV is looking for a contractor which will design and construct an offshore high voltage substation (Beta OHVS) for the project “Belgian Offshore Grid” (BOG). The OHVS will be situated in front of the Belgian coastline, and located within the windfarm, 25 kms offshore with averages depths
USA: Principle Power to Raise Funds for WindFloat
Principle Power Inc. is planning to raise funds to develop the WindFloat platform and bring it to market. In order to pursue this goal the company intends to sell a stake. However, in a statement for Bloomberg, Principle Power Inc. CEO, Alla Weinstein, did not specify the amount in question. Better
Siemens: Germany Can Save More than EUR 150 Billion with Its Energy Transition
The costs of restructuring Germany’s energy system are too high. With the present energy transition concept, it will not be possible to achieve security of supply while also ensuring sustainability and affordability. The current approach also establishes false incentives for investment and innovatio
Spain: Iberdrola Invests EUR 25 Billion in Renewables Over 10 Year Period
IBERDROLA has allocated some €25,000 million to developing economically sustainable renewable energies in the last decade. This is the highest figure ever invested by a company in this field. With over 200 wind farms in Spain and 330 elsewhere in the world, these investments mean that the company no
UK: Forewind Spends Nearly GBP 45 Million on Offshore Surveys
The latest seabed survey contract award by Forewind means the consortium’s spend on offshore surveys, primarily carried out by UK contractors, is almost £45 million. Since being awarded the rights to develop Dogger Bank in January 2010, Forewind has undertaken a huge range of geotechnical, geophysic
Anholt Offshore Wind Farm Creates Activity in Djursland (Denmark)
DJURS Wind Power’s member companies have secured orders for DKK 450 million and directly related employment for 330 employees in connection with the construction of Anholt Offshore Wind Farm. Djurs Wind Power Apro Wind is one of the specific examples Very important locally Network produces results T
Denmark: ITW Densit Plans to Launch New Product Series of Ducorit® UHPC Material
ITW Densit plans to launch new product series of Ducorit® UHPC material in the near future. The new versions of Ducorit® vary in their strength class and are tailor-made for demanding offshore and onshore applications. Moreover, this newly developed product program also provides grouting companies w
Denmark: DBB Jack-Up Expands Its Fleet and Service Offerings to Offshore Wind Industry
DBB Jack-Up is expanding their fleet and service offerings to the Offshore Wind Industry. With an office staff growth of 200% and offshore crew increase by 250%, DBB is well prepared for delivery of their next 2 jack-ups. DBB Jack-Up is focusing on the demanding operation and maintenance work, inclu