Business & Finance
UK: Alstom’s 1MW Tidal Turbine Generates Power at EMEC
Following its recent acquisition of Tidal Generation Limited from Rolls-Royce, Alstom’s 1MW tidal turbine generated power for the first time at the European Marine Energy Centre’s (EMEC) tidal test site in Orkney, Scotland. After the successful test of its 500kW device, it is the second Alstom tidal
USA: MassCEC Announces USD 640,000 Available for Clean Energy Education
Massachusetts Clean Energy Center (MassCEC) CEO Alicia Barton has announced the availability of $640,000 in grants to fund clean energy-centered science, technology, engineering and math (STEM) programs for students from kindergarten through high school. The grants, part of MassCEC’s Workforce Capac
UK: DONG Can Go Below GBP 100/MWh by 2020
DONG Energy says that it can meet the UK Government’s target of GBP 100/MWh for offshore wind energy by 2020, and it can even reduce costs to achieve GBP 87/MWh, The Telegraph writes. The company has forecasted this last year, after two reports were published by the Offshore Wind Cost Reduction Task
Scottish Government Announces over GBP 4 Million for EMEC
The Scottish Government yesterday announced more than £4 million for new wave and tidal power research capacity, securing Scotland’s world-leading position in marine energy. Energy Minister Fergus Ewing told industry delegates at the RenewableUK Wave and Tidal Conference in London that the European
DECC Launches GBP 4 Million Fourth Call for Offshore Wind Innovation Proposals (UK)
Following the announcement of the first three winners of the second call of the Offshore Wind Component Technologies Development and Demonstration scheme, DECC has yesterday launched a £4 million fourth call, aimed at driving forward further innovation in the offshore wind sector and helping even mo
UK: HVPD, JDR, Principle Power Win GBP 2.3 Million from DECC’s Offshore Wind Scheme
Offshore wind innovation has yesterday been given a real boost with the announcement of the first three winners under the second call of the Department of Energy and Climate Change (DECC) and the Technology Strategy Board’s (TSB) Offshore Wind Component Technologies Development and Demonstration sch
Spain: Gamesa Presents Its 2012 Earnings
Gamesa presented its 2012 earnings, after advancing the key figures on 12 February. The results were in line with the guidance given last July and mark the beginning of a recovery in profitability and value creation, underpinned by the company’s Business Plan 2013-2015. Gamesa met its 2012 targets i
South Korea: KR Launches Subsidiary Aimed at New and Renewable Energies
On 26 February 2013, in Seoul, the Korean Register of Shipping (KR) launched “Innovation KR” (iKR), a new subsidiary company established to manage all non-traditional work. iKR will undertake engineering, consulting and, in particular, a wide range of R&D activity aimed at new and renewable energies
China’s Offshore Wind Market Expected to Hit USD 16 Billion
Despite the considerable challenges and bottlenecks faced by China’s offshore wind power market, the country’s efforts in technologies for development of offshore wind power have remained strong. Thanks to years of coordination and cooperation between the government and domestic offshore wind power
Italy: Prysmian Secures Dolwin3 Project Worth in Excess of EUR 350 Million
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new major contract worth in excess of € 350 million by Alstom Grid for the connection project DolWin3 linking offshore wind farms in the North Sea to mainland Germany on behalf of the Dutch-German grid
Australia: Carnegie Wins AUD 1.27 Million AusIndustry Grant
Wave energy developer Carnegie Wave Energy Limited, announced the award of a $1.27m AusIndustry grant from the Clean Technology Innovation Program to support a CETO Seawater Desalination Demonstration Pilot Plant. The award of the funding supports the design and construction of a CETO Desalination P
UK: Part of GBP 20 Million Fund for Sea Generation Wales
Sea Generation Wales Ltd has been awarded a share of £20 million funding under the government’s Marine Energy Array Demonstrator scheme (MEAD), launched in April last year, to support the development and testing of pre-commercial marine devices in array formations out at sea. Besides Sea Generation
UK: Pelamis Wave Power Granted GBP 1.4 Million
Pelamis Wave Power has been awarded a £1.4m project from The Energy Technologies Institute (ETI) to fund development work to enhance the cost-effectiveness of wave energy converter arrays in UK waters. The funding will support the first phase of work this year ahead of a larger demonstration program
MeyGen Demonstration Array Awarded GBP 10 Million from UK Government
MeyGen has been awarded a capital grant of £10 million by the Department of Energy and Climate Change (DECC). Meygen will use the grant to further develop its Demonstration Array via the Marine Energy Accelerator Developer (MEAD) process which started in March 2012. The MeyGen project is the largest