Business & Finance
GL Garrad Hassan Opens New Office in Singapore
Building upon its strong track record in South East Asia, GL Garrad Hassan has opened a new office in Singapore. Senior Investment and Strategy Advisor Ragna Schmidt-Haupt has been appointed to drive renewable energy services in the country, with a strategic focus on solar investment. Singapore has
Anbaric Could Assist TenneT with Connecting German Offshore Projects
Anbaric Transmission could act as an intermediate between potential investors from Europe and USA that are interested in helping TenneT by injecting up to EUR 4 billion (USD 5.2 billion) in the connection of up to four offshore projects to the land. Anbaric spokesman is cited by Reuters as saying th
UK: Tidal Transit Orders Third Wind Farm Crew Transfer Vessel
Leo Hambro, Commercial Director of Tidal Transit, has announced that the company has just placed an order for the manufacture of the third, in its potential fleet of ten, innovative wind farm crew transfer vessels. To be named Tia Elizabeth, this new vessel will be built to exactly the same high spe
Switzerland: Michel Demaré to Leave ABB
ABB, the leading power and automation technology group, has announced that Michel Demaré will step down as ABB’s Chief Financial Officer and member of the Executive Committee. He has been appointed as the new Chairman of the Board of Syngenta beginning in April 2013 and will in the future focus on h
UK: Wirral Gets GBP 5 Million Funding for Its Offshore Wind Industry
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
USA: Mitsui Engineering & Shipbuilding Awards USD 900,000 Contract to OPT
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
Germany: Siemens to Focus Its Renewable Energy Activities on Wind, Hydro Power
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
The Netherlands: Imtech Joins MLK Projects to Work on Compact Offshore Substation
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
UK: EEEGR Chairman Steps Down
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
New Anglia LEP Secures GBP 3 Million for Business Growth Fund (UK)
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
Canada: NaiKun Wind Announces Issuance of Shares for Service
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
UK: OGN Wins Grant for Hadrian Yard Offshore Wind Turbine Facility
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
UK: LEP Wins “Growing the Humber” Grant
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
Germany: Vattenfall Signs Contract for 80 Turbines for Sandbank Offshore Wind Farm
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,