Business & Finance
USA: OPT Appoints New Head of Engineering
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the appointment of Dr. Mike M. Mekhiche to the position of Vice President, Engineering. Dr. Mekhiche joins OPT from BAE Systems, where he most recently held the position of Director of Programs. Reporting
James Fisher Defence Brings Its Expertise to Marine Renewable Energy Engineering (UK)
With its headquarters at Renfrew, on the River Clyde in Scotland, and offices in the United States, Australia and Singapore, James Fisher Defence is one of the most respected names in subsea engineering. Established for almost 30 years, the company is a world leader in submarine rescue services, bei
USA Election Results Boost New Bedford’s Offshore Wind Intentions
New Bedford’s plans to become a hub for the offshore wind industry are closer to their realisation with the President Barack Obama’s re-election according to experts, writes South Coast Today. Cape Wind has announced that it will use multi-million South Terminal, which is awaiting approval by the En
Germany: Power Transmission Issues with North Sea Wind Farms Burden Siemens
In fiscal 2012, Siemens achieved a seven percent gain in revenue and a strong profit. Income from continuing operations was €5.2 billion and thus in line with expectations. New orders declined ten percent year-over-year. “A strong fourth quarter enabled us to fulfill our expectations for fiscal 2012
Norway: DNV KEMA Appoints Scandinavia Regional Manager
Energy and sustainability advisory company DNV KEMA, the energy arm of DNV, has appointed the former President of Sweco Norway to the post of Scandinavia regional manager. Vibecke Hverven joins DNV KEMA on 1 December with more than seven years of experience as President of Sweco Norge, a leading mul
Germany: GES Deutschland to Take Over Service Organization of PowerWind
GES Deutschland GmbH, the European market leader in the domain of wind energy systems services, will take over service operations of the wind energy systems manufacturer PowerWind GmbH seated in Hamburg. In one of the first insolvency proceedings in self-administration under a new law on facilitatin
Belgium: 3E, OWA Launch New FLiDAR Company
With support from Flemish Government, a newly launched joint venture, FLiDAR nv, starts product trials in North Sea with aim to deliver tools to drastically reduce costs of offshore wind developments. 3E and OWA (DEME Group) have announced the official launch of FLiDAR N.V. Based in Oostende, FLiDAR
Denmark: Many Companies Discover Benefits of Offshore Wind Industry
The number of Danish companies which are discovering opportunities within the offshore industry is rising. CEO of Offshore Center Denmark, Peter Blach, is quoted by the Danish news site Business as saying that the high growth rate of offshore wind industry is contributing very much to this interest.
USA: AMSC Reports Q2 Financial Results
AMSC, a global solutions provider serving wind and grid leaders, has reported financial results for its second quarter of fiscal year 2012 ended September 30, 2012. Revenues for the second quarter of fiscal 2012 were $20.9 million, which compares with $20.8 million for the second quarter of fiscal 2
Spain: EDP EBITDA Up 23 Pct YoY to EUR 675 Million
DP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, announced that in the first nine months of 2012 electricity output increased by 11% YoY to 13.3 TWh, as a result of the capacity growth over the last 12
Denmark: DONG Appoints New Head of Investor Relations
Allan Bødskov Andersen, 40, is today appointed new Head of Investor Relations and Group Treasury following Morten H. Buchgreitz appointment as new Executive Vice President of Energy Markets. Allan Bødskov Andersen comes from a position as Head of Group Credit & Funding in DONG Energy. He holds a PhD
USA: OPT Establishes New Business Unit to Drive Growth
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys. While
Dong Helps EU Achieve Their Targets
“We need new, binding targets for renewable energy. We need a clear perspective for renewable energy, and the EU countries must make commitments.” This was the clear statement from Günther Oettinger, EU Energy Commissioner, at the reception marking the ground breaking partnership between DONG Energy
Sweden: ‘Dalby Trent’ to Work on Karehamn Offshore Wind Farm
The Dalby Trent has been awarded a contract for work on the Karehamn offshore wind farm for Jan De Nul who are working on behalf of EON in Sweden. The vessel will be doing crew transfers, ROV and Diving Operations. The vessel is the first wind farm support vessel to arrive on the field and […