Business & Finance
Investing in Renewables to Save UK Consumers Up to GBP 100 Billion
In a report on the Electricity Market Reform published yesterday, the Committee on Climate Change presents new analysis showing that there are significant economic benefits from investing in a portfolio of low-carbon technologies through the 2020s rather than investing in gas-fired generation. The r
USA: Google Acquires Airborne Wind Turbine Developer
Makani Power recently announced that it is being acquired by Google. The Makani Airborne Wind Turbine is a tethered wing that generates power by flying in large circles where the wind is stronger and more consistent. It eliminates 90% of the material used in conventional wind turbines, and can acces
Germany: PNE WIND Extends Management Board Contracts
The wind farm developer PNE WIND AG (ISIN DE000A0JBPG2) and its proven management team continue together in the future. The Supervisory Board has extended the work contracts of Chief Financial Officer (CFO) Jörg Klowat and Chief Operational Officer (COO) Markus Lesser for three years each. Jörg Klow
Denmark: Blue Water Shipping Presents Good Results
2012 will – irrespective of the pace of the development in the company – always be a historic year for the transport and logistics company Blue Water Shipping which celebrated its 40th anniversary. But there were plenty of other things to be happy about for the company’s staff and clients in a year
The Netherlands: Central Industry Group Enters Offshore Wind Market
Central Industry Group (CIG) is a group of 10 companies, all providing industrial goods and services to the international shipbuilding market and to complex architectural projects. Tailored to the client’s requirements, CIG’s high-quality products are renowned for their added value. While operating
USD 64 Million to Protect Environment and Boost Renewable Energy Development (USA)
In a joint effort to safeguard and bolster the Caribbean region’s tourism-dependent economy, fifteen Caribbean governments and seventeen corporations met on Necker Island, home of Sir Richard Branson , in the British Virgin Islands this weekend and committed approximately $64 million USD to preserve
UK: Offshore Renewable Energy Catapult Appoints Non-Executive Board
The Offshore Renewable Energy Catapult, the Glasgow-based UK innovation centre established to accelerate the growth and commercialisation of offshore wind, wave and tidal technologies, has strengthened its Board with the appointment of four distinguished Non-Executive Directors under the Chairmanshi
UK: NCS Survey Appoints New Managing Director
NCS Survey Ltd., an Acteon company, has appointed John Meaden as managing director. Meaden brings more than 30 years of experience in the offshore survey industry to NCS Survey, which offers a wide range of high-quality survey services using industry-leading technology. This invaluable experience wi
UK: Since 2010 Over GBP 29 Billion of Investment Announced in Renewables
At the All Energy Conference today in Aberdeen, Energy and Climate Change Secretary Edward Davey announced new regional renewables job and investment figures for the UK. Mr. Davey also called on Scotland to remain in the UK to protect current high levels of renewable investment. New research shows t
Scottish Renewables Hails Minister Ewing’s Announcement
Responding to today’s announcement from Energy Minister, Fergus Ewing, that an £18m Marine Renewables Commercialisation Fund (MRCF), will be used to provide support for the wave sector, Lindsay Leask, Senior Policy Manager for Scottish Renewables, said: “We warmly welcome the Scottish Government’s r
GBP 18 Million Available for Commercialisation of Scottish Wave Energy Sector
The Scottish Government today announced that the Carbon Trust will be running a new dedicated wave programme to help commercialise wave power in Scotland. The new scheme was announced by Scottish Energy Minister Fergus Ewing at the All Energy conference in Aberdeen. The £18m Marine Renewables Commer
Offshore Wind Market Contributes to Outreach’s Growth (UK)
Outreach Ltd (stand C109 at Seawork 2013) has completed another successful year for sales and aftercare of cranes, with the team growing to over 70 people. Marine and renewable markets have contributed to growth and Outreach now has cranes fitted to most of the latest WFSV’s/Aluminium Hull Catamaran
UK: Red7Marine Awarded Several New Contracts for 2013
Red7Marine Offshore Ltd has announced the award of a number of new contracts for 2013. Cable protection work has recently been awarded on the Paimpol-Brehat Tidal Energy Converter project, Brittany, France. The scope of work includes the installation of more than 100 concrete mattresses to provide a
UK: Belfast Harbour Advances in Offshore Wind Market
Pacific Orca, the world’s largest wind turbine installation vessel, has arrived to the Belfast Harbour, where DONG Energy and ScottishPower Renewables have built a terminal for the assembly of offshore wind turbines, The Irish News reports. This is another step forward for Belfast Harbour, which div