The U.S. Department of Energy (DOE) announced there is $5 million in new funding for Lake Erie Energy Development Corporation (LEEDCo), the non-profit corporation leading the effort for the first freshwater offshore wind project in the nation. “The DOE funding for ‘Icebreaker’ is a testament and vot
The board of directors of Xinjiang Goldwind Science & Technology Co., Ltd. has announced that for the further development of the Company, Mr. Wang Haibo, an executive director and vice president of the Company, has been appointed as the President of the Company with effect from 9 January 2013. In li
Vestas confirms that final credit approval and documentation of the November agreement on credit facilities has now been obtained. Vestas’ credit facilities consist of credit lines of EUR 1,155m and a corporate Eurobond of EUR 600m. In addition to the credit facilities, Vestas has made an agreement
The European Investment Bank (EIB) has granted a loan of € 500 million to the largest offshore wind farm to date in the German Baltic Sea; EnBW Baltic 2. The project is being realised by EnBW Erneuerbare Energien GmbH. The financing contract was signed today in Karlsruhe. The position and scale of E
Aquamarine Power Ltd. plans to bring its technology to market by adding one or two new investors, who will provide funds and expertise to help the company achieve this goal, Aquamarine’s CEO Martin McAdam revealed to Bloomberg without giving further details on this subject. Aquamarine Power, with AB
The Energy Technologies Institute (ETI) has appointed Blade Dynamics to develop and demonstrate the technologies for constructing what are expected to be the world’s longest wind turbine blades ever built. As part of the £15.5 million project the ETI will become an equity investor in the Isle of Wig
Fishermen’s Energy welcomes the news that Congress has extended the Investment Tax Credit (“ITC”). “The announcement of an Investment Tax Credit (“ITC”) extension, coupled with the recent Department of Energy award to Fishermen’s Energy, will allow New Jersey to capture the economic benefits of offs
The renewal of tax credits could benefit an offshore wind project off Cuyahoga County in Lake Erie, planned by Lake Erie Energy Development Corporation (LEEDCo), by attracting private investment. The offshore wind project, which comprises between 20 and 30 MW of generating capacity, would not be qua
Windreich AG has won the Swiss SSN Group AG as an investor for Global Tech I, the first offshore wind project of Windreich. The SSN Group will invest millions of Euros in the offshore wind farm. Due to its strong position in the real estate market, the new partner has extensive experience in the fie
NaiKun Wind Energy Group Inc. has announced that it has signed a preferred supplier agreement (PSA) with Siemens Canada Limited. Siemens, the largest manufacturer of offshore wind turbines in the world, will be assisting Naikun Wind in advancing the development of the first phase of its project, usi
Dennis Breugelmans has been appointed Managing Director of Wind Towers (Scotland) Ltd, with effect from 1 January 2013. Wind Towers (Scotland) Ltd is a Campbeltown based wind tower turbine manufacturing and assembly plant. It is one of only two companies in the UK producing wind towers and is curren
DONG Energy has successfully supported its partner, OPW, in achieving refinance of the purchase (completed in December 2010) of their 24.8% stake in the 367MW Walney Offshore Windfarms (Walney). OPW, a joint venture between Dutch pension fund PGGM and renewable energy investor Ampere Equity Fund, ac
An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certifica
RTE France (Réseau de transport d’électricité) is seeking contractors to provide offshore wind farm impact assessments and related documents for the electrical connection of offshore wind farms. The work relates to part-marine and part-terrestrial connections, bibliographic and measurement studies u
