Wirral Council’s Investment Strategy Team has secured £5 million of funding from the Regional Growth Fund, which was set up by the Government to stimulate sustainable growth across the country. The funds will allow infrastructure improvements to be made to port areas for the storage and assembly of
Ocean Power Technologies, Inc.(OPT), a leading wave energy technology company, today announced that the Company has received a ¥70 million (approximately US $900,000) contract from Mitsui Engineering & Shipbuilding (MES) for further work towards development of the Company’s PowerBuoy technology for
In connection with the previously announced company program 2014, Siemens will modify its business strategy and organizational setup with respect to renewable energy. The company plans to divest its solar business activities and is currently holding talks with potential buyers on this subject. Sieme
Mercon and Liandon announce that Imtech has joined their MLK Projects consortium. MLK Projects was founded by Liandon and Mercon earlier this year to market a new innovation in offshore substations named COSS for Compact Offshore Substation. As associated engineering company, KCI was heavily involve
Alan Barlow is stepping down as chairman of EEEGR, the East of England Energy Group, after a two-year stint helping steer the association through a period of change and development. He became the first executive chairman of the 380-member group in 2010 and the formal announcement of his departure ca
The New Anglia Local Enterprise Partnership has been awarded £3m from the Government’s Regional Growth Fund to establish a business growth fund. The New Anglia Business Growth Fund will create around 500 jobs by offering business growth grants of between £25,000 and £100,000 to SMEs in Norwich, Ipsw
NaiKun Wind Energy Group Inc. (NaiKun Wind) has announced the quarterly issuance of shares to the Company’s directors and CEO. Effective April 1, 2010, as stated in the Company’s news release of May 20, 2010, compensation to members of the Board was reduced by 50%. As part of the reduced Board compe
OGN, already a major player in the oil and gas offshore construction sector, has received a vote of confidence from the Department of Business, Innovation and Skills as part of Round Three of the Regional Growth Fund for its expansion into the offshore wind industry. The North East economy will shar
The Humber Local Enterprise Partnership (LEP) has welcomed today’s announcement that its bid to Round 3 of the Government’s Regional Growth Fund has been successful. The £30 million “Growing the Humber” bid was drawn up by the LEP and North East Lincolnshire Council with support from business leader
Vattenfall and Siemens have signed a contract for the supply and installation of 80 wind turbines for the Sandbank offshore wind farm. Each of the turbines has a nominal capacity of 3.6 megawatts (MW). Construction of the Vattenfall Sandbank project, located 90 kilometres west of the island of Sylt,
Offshore foundation company Seatower have appointed Niels Brix as new Vice President of Business Development. Oslo-based Seatower is the company behind the Cranefree concept for offshore wind, which features self-installing gravity foundations designed for scalable and efficient production. The comp
One of Europe’s biggest wind turbine manufacturers is heading to Lowestoft to meet potential suppliers and partners. French company AREVA is holding a meet-the-buyer event at OrbisEnergy, where it will outline its products and plans for the UK offshore market, and hold one-to-one sessions with selec
The UK’s Green Investment Bank (GIB) intends to fund only the offshore projects that are operational and to avoid those which are in construction phase. The GIB’s initial capital of GBP 3 billion is not enough to cover the projects under construction, Ian Nolan, head of origination at the Bank, is c
Following the CSO change in A2SEA, the company has appointed Sascha Wiesner as new Country Manager of Germany, to replace Martin Huss, who has just taken over the position as new CSO of A2SEA. Sascha Wiesner comes from a position as Offshore Sales Manager Europe for Samsung Heavy Industries, where h
