Foreign companies will earn up to GBP 120 billion by 2020 on British subsidies for offshore wind, the Renewable Energy Foundation (REF) claims. This will be done through burdening consumers’ electricity bills. According to REF, owners of nine new UK’s large-scale offshore wind farms, which are expec
Forewind has today announced the appointment of former Energy Minister Charles Hendry MP as its new chairman. With the Government committed to an ambitious target of 15% renewable energy consumption by 2020, Forewind intends to secure all the necessary consents required for the construction and deve
On 30th January, Hafren Power – which plans to build an 18km (11 mile) tidal power station across the Severn Estuary to generate zero carbon electricity – pledged to work with all stakeholders to protect ports and wildlife. Tony Pryor, Hafren Power’s Chief Executive, said: “We will deliver green, sa
Research and Markets has announced the addition of the “Analysis of Vestas Wind Systems” company profile to its offering. Vestas Wind Systems is a Denmark based wind power systems company with an installed power capacity of 50,000 MW. The company addresses three business segments namely manufacturin
Bladt has been announced the leading supplier of offshore substructures in EWEA’s annual report on key offshore trend statistics for 2012 – and with good reason. In 2012, it successfully completed some of the world’s largest offshore wind foundation projects with the London Array and Anholt offshore
The Bremen Prosecutor’s Office announced that it has filed charges against former Beluga CEO Niels Stolberg for alleged credit fraud in 16 cases, the FinanzNachrichten reports. The Beluga Shipping’s founder is accused of lying to banks that were issuing loans for financing newbuildings during 2006-2
The wind farm project developer, PNE WIND AG, has received a further milestone payment amounting to EUR 25 million from the sale of the offshore wind farm projects, “Gode Wind” I to III. The prerequisite for this payment was the creation and handover of a foundation ground expertise for the Danish e
Every fifth offshore wind turbine in 2012 was built and operated by DONG Energy, the European Wind Energy Association (EWEA) indicated in the findings of its Offshore Report. Thus, the Danish company was able to further expand its market leadership in offshore wind. Last year, DONG Energy celebrated
Alstom has completed the acquisition of Tidal Generation Limited (TGL) from Rolls-Royce plc. In September 2012, Alstom announced that it had agreed to acquire TGL, which specialises in the design and manufacturing of tidal stream turbines, subject to the achievement of critical milestones including
With an increasing number of companies needing lights and buoys for short term projects or suffering budgetary constraints, the UK’s leading supplier of Aids to Navigation, Hydrosphere, is expanding to cater for demand with the launch of a new rental service. The new service is already proving popul
Jee Ltd, a leading subsea engineering and training firm, has achieved a significant growth milestone by opening the company’s first London office. Jee took the decision to open a central London office to aid the company’s overall growth strategy, which will see the firm create 150 jobs in the UK ove
Highlands and Islands Enterprise (HIE) has signed joint working agreements with four of the region’s leading ports to support the development of the offshore wind sector. The partnership aims to help the Ports attract a potential £100m of investment to the Highlands. The First Minister Alex Salmond,
ENERGY Minister Fergus Ewing has welcomed figures published by Scottish Renewables, saying that Scotland’s offshore wind developers have invested around £165m in the Scottish economy so far. Minister Fergus said: “Offshore wind is an exciting emerging energy sector, still in its infancy but with gre
New figures published by industry body, Scottish Renewables, have revealed for the first time that Scotland’s offshore wind developers have invested around £165m in the Scottish economy so far. Scottish Renewables asked its members developing offshore wind projects in Scottish waters how much they h
