According to the new report by the Global Wind Energy Council (GWEC), the UK has kept its leading position in the offshore wind, reports Energy News Live news portal. The UK has installed more than 2,000MW of wind power in the last year, totaling to 3,813MW. Total installed offshore wind capacity su
CWE Ireland has applied with the Department of the Environment for the licence to develop a five megawatt wave energy project off the west Clare coast, writes the Irish Times. The company, which is a 100% owned subsidiary of Carnegie Wave Energy Limited, chose this site after a two year research. Ki
Scarborough Muir, a joint venture between Scarborough Group and Muir Group, plans to redevelop the former Rosyth naval base and turn it into offshore wind turbine manufacturing and servicing site. According to The Herald Scotland, realization of this plan could attract GBP 500 million of investment
For the first 6 months of 2012 E.ON expects its group EBITDA to be around EUR 6.7 billion (prior year: around EUR 4.3 billion) and its underlying net income to be around EUR 3.3 billion (prior year: around EUR 0.9 billion). The extraordinary increase results from the positive effect published with o
The planed project in the Aberdeen Bay could give a blow to Trump’s anti-wind intentions due to the fact that the development companies have announced great interest of manufacturers in the project, reports Business Green news portal. Namely, Vattenfall, Aberdeen Renewable Energy Group (AREG) and Te
Significant global interest from wind turbine manufacturers to deploy at a cutting edge offshore wind demonstration centre, off Aberdeen, was confirmed today with the scheme’s backers announcing that they had signed working agreements with six potential suppliers. As a result of these Memoranda of U
Demag Cranes has published its Interim Management Statement in the second half-year of 2011/2012. Compared to the previous year’s period, the Group was able to increase its key reporting indicators: Group order intake, Group revenue and operating EBIT. Group revenue grows 7.7% year on year The Demag
A new £100 million fund for green investment was announced yesterday by Deputy Prime Minister Nick Clegg. Speaking at the Global Business Summit on Energy the Deputy Prime Minister revealed that the UK Green Investments (UKGI) team, based in the Department for Business, Innovation and Skills, will p
HR Wallingford has appointed Samantha Dawson as business manager to work across a portfolio of power sector projects. From 1 August 2012 Samantha will be working with Mark Liddiard, power sector business manager, to support existing projects and to grow new opportunities in the thermal, nuclear and
Last week Northern Ireland announced the subsidy levels intended for renewables. Support for the onshore wind will be dropped from 1 ROC to 0.9 ROC till 2016/17 with the possibility of further review from 2014/15. For the offshore wind there will be no change until 2015/16 and 2016/17 when the 2 ROC
Recent increase in support for Wave & Tidal energy in the UK, up from 2 ROCs to 5 ROCs, will stimulate the marine sector. Smart companies are positioning themselves to succeed in this emerging sector now. Tidal Today, the leading think tank providing independent news and analysis for tidal energy, i
Fluor held a second quarter 2012 conference call yesterday. The company’s management reviewed results and discussed the trends seen in the second half of the year. Among other things, Fluor’s Chairman and CEO David Seaton commented on Greater Gabbard offshore wind farm, saying that the project is “s
Teesside based subsea cable specialist has been awarded a GBP 15 million fund for an export drive, reports Gazette Live. The company said that the multi-million fund from HSBC, which is backed by Export Credit Guarantee Department, will help them bid for oil, gas and renewables contracts on the inte
SSE has agreed to acquire from Marsh Wind Technology Ltd its 40.05% share in Wind Towers Ltd, taking SSE’s total shareholding in Wind Towers Ltd to 80.1% The remaining 19.9% of ordinary share capital is held by Highlands and Islands Enterprise. The transaction is expected to be fully completed in th
