Hull and East Riding councils are preparing to use the advantages that the Siemens’ planned Green Port Hull turbine assembly factory would bring. Namely, the two councils are set to organize a programme worth GBP 25.7 million for jobs and investment, as they expect confirmation of the project plans
International law firm Pinsent Masons has advised Alstom on the acquisition of Tidal Generation Limited (TGL), from Rolls-Royce Plc. TGL designs, develops and manufactures tidal stream turbines for the capture and conversion of tidal energy to electrical power and is currently operating a 500kWe con
Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) announces that the first milestone payment under its Federal Government grant for its Perth Wave Energy Project has been approved. The payment of $248,561 plus GST is expected to be received by Carnegie in the coming days after approval f
Siemens Wind Power has commissioned TÜV NORD with inspection of a series of offshore wind turbines over the coming years. TÜV NORD will inspect the lifts, cranes, hydraulic tanks and storage vessels of the wind turbines before they enter into operation. The inspections will be conducted onshore as w
SeaEnergy, an innovative energy services group, has announced half year results for the six months ended 30 June, 2012. In the Annual Report for 2011, SeaEnergy’s Chief Executive and Chairman have described in some detail the changes made to the strategic direction and governance of the Company. In
Hydrosphere UK Ltd’s contract for the rental of six Cardinal buoys to mark Britain’s largest wind farm, Greater Gabbard, has been extended by Fluor Limited. Fluor – the principal contractor for the Greater Gabbard Offshore Wind Farm project – originally approached Hydrosphere in 2009 for the supply
Anbaric, a U.S. transmission company involved in smart grids, subsea cabling, as well as renewables, is said to be considering buying a share in TenneT. Wirtschaftswoche magazine informed on Saturday about Anbaric’s plans to invest USD 4 billion in the German transmission operator. TenneT and German
Hogan Lovells advised the bank lenders to the Blue Transmission consortium of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund on the consortium’s successful bid to acquire and operate the transmission link to the Walney 2 offshore wind farm for £110 million. The lending g
London-based investment advisory firm Archipelago Investment Partners (AI Partners) has teamed up with Red7Marine, a UK based marine engineering services firm, to launch a unique shipping fund. The new fund will aim to capitalise on the sustained growth in the oil & gas, renewable energy, mining and
An offshore wind project, worth a total of EUR 2.6 billion, could get a EUR 500 million loan from the European Investment Bank (EIB). The developer, Typhoon Offshore BV, plans to build the 600MW offshore wind farm 85 kilometers north of the Dutch island of Schiermonnikoog. Once built, by the end of
Iberdrola and ScottishPower Chairman and CEO Ignacio Galan met yesterday with the UK’s Chancellor of the Exchequer, the Rt Hon George Osborne MP. The meeting took place in the Treasury in London, where Ignacio Galan outlined Iberdrola’s investment plans and praised the UK’s long track record of a co
The demand for wind farm projects developed onshore and offshore by PNE WIND AG continues to be strong. This has been confirmed in many discussions held with energy suppliers, insurance companies and also financial investors during the specialist trade fair, Husum Windenergy 2012. “We are well posit
Walney (UK) Offshore Windfarms Limited announced today that it has completed the sale of transmission assets at the offshore wind farm Walney 2 to Blue Transmission Walney 2 Limited, which is the licensee entity incorporated by the consortium of Macquarie Capital Group Limited (Macquarie Capital) an
A Buffalo-based electric and natural gas supply company, New Wave Energy Corp., will supply electricity to First Niagara Center, the home of the Buffalo Sabres hockey team. The three-year agreement was announced on Tuesday and the arrangement will start this season. The electric company’s name will
