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Business & Finance

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Australia: CWE Welcomes New Major Shareholder
Business & Finance

Australia: CWE Welcomes New Major Shareholder

Wave energy developer Carnegie Wave Energy Limited (CWE) advises that major shareholder Renewable Energy Holdings Plc (REH) has sold 53% of its shareholding via off market transfer to a small consortium of Australian investors led by 88 Green Ventures (Australia). In addition to the sale of half its

about 14 years ago
UK: A2SEA Signs Contract for Gwynt y Môr
Business & Finance

UK: A2SEA Signs Contract for Gwynt y Môr

From spring 2013, A2SEA will play a key role in helping build one of the largest offshore wind farms in the world. A2SEA will provide specialist jack-up’s SEA JACK and SEA WORKER to install 160 Siemens 3.6MW turbines on RWE’s Gwynt y Môr offshore wind farm. Gwynt y Môr offshore wind farm, located of

about 14 years ago
UK: Global Marine Systems to Maintain Ormonde Transmission Link
Business & Finance

UK: Global Marine Systems to Maintain Ormonde Transmission Link

Offshore Transmission Operator Transmission Capital Partners has contracted with Global Marine Systems Energy Ltd., the largest independent provider of subsea power cable installation, maintenance and related engineering services worldwide, to provide cable repair and maintenance services for the tr

about 14 years ago
UK: Tidal Transit Announces Contracts Extension for Two Vessels
Business & Finance

UK: Tidal Transit Announces Contracts Extension for Two Vessels

Leo Hambro from Tidal Transit has announced an extension of contracts for both of its state-of-the-art transfer vessels working for wind farm development companies in the North Sea. “One of the vessels, Eden Rose, is under contract to Scira Offshore Energy Limited, the company developing the Shering

about 14 years ago
China: MY Plans to Enter Joint Venture with Huaneng Renewables
Business & Finance

China: MY Plans to Enter Joint Venture with Huaneng Renewables

China Ming Yang Wind Power Group Limited (Ming Yang; MY), a leading wind turbine manufacturer in China, today announced that it has signed a cooperative agreement with Huaneng Renewables Corporation Limited (Huaneng Renewables), contemplating the establishment of a joint venture specializing in the

about 14 years ago
GL Garrad Hassan Opens New Office in Bangkok, Thailand
Business & Finance

GL Garrad Hassan Opens New Office in Bangkok, Thailand

With ample capacity and ambitious targets for growth, Thailand is seeking to establish itself as one of the leaders in South East Asia in the development of renewable energy sources. In an effort to reduce its current dependence on imported oil, the nation is moving rapidly to build up its solar, wi

about 14 years ago
ScottishPower Renewables Invests in Renewable Energy Skills
Business & Finance

ScottishPower Renewables Invests in Renewable Energy Skills

ScottishPower Renewables has committed to a £10,000 annual investment in skills training and education for Tiree people to help gain qualifications linked to employment in renewable energy. The Tiree Renewable Energy Skills, Education and Training (RESET) Fund will be used to provide financial suppo

about 14 years ago
USA: Pike Research Joins Navigant
Business & Finance

USA: Pike Research Joins Navigant

Navigant has announced that it has expanded its energy sector market intelligence and industry report capabilities by adding the expertise of the professionals from Pike Research. Through the development and publication of more than 100 research reports annually, many of which are delivered via subs

about 14 years ago
UK: TCP Gets Ormonde Offshore Wind Farm Transmission Link
Business & Finance

UK: TCP Gets Ormonde Offshore Wind Farm Transmission Link

TC Ormonde OFTO Limited, an entity incorporated by the consortium Transmission Capital Partners (TCP), has been granted a licence by Ofgem E-Serve to own and operate the transmission link to the Ormonde wind farm. The TCP consortium are comprised of Transmission Capital, Amber Infrastructure Group a

about 14 years ago
The Netherlands: Arabs to Invest Billions in North Sea Wind Farm
Business & Finance

The Netherlands: Arabs to Invest Billions in North Sea Wind Farm

Taqa state of the Abu Dhabi Emirate is about to become a majority shareholder in a massive wind farm in the North Sea. According to De Telegraaf, after a difficult search for money, Arabs are willing to invest billions of dollars in the offshore wind farm, though the move came seven months after the

about 14 years ago
Denmark: Vattenfall Awards CTV Contract to World Marine Offshore
Business & Finance

Denmark: Vattenfall Awards CTV Contract to World Marine Offshore

World Marine Offshore announces that it has been awarded one boat contract by Vattenfall, one of the Major Energy suppliers in Northen Europe, to provide Crew Transfer Vessels (CTV) to DanTysk Windpark. The Contract has been awarded for 19 Months with possibility for extension. Vattenfall has chosen

about 14 years ago
CG’s Technology to Power Northwind Project, Belgium
Business & Finance

CG’s Technology to Power Northwind Project, Belgium

CG has been awarded the contract for the grid connection study and supply of main transformer 275 MVA and 2 reactors of 65 MVAr at the Northwind offshore wind farm in Belgium. The Northwind wind farm, previously named “Eldepasco”, will have an installed production capacity of 216 MW. The connection

about 14 years ago
UK: Reef Subsea Wins Major Contract for Gwynt y Môr
Business & Finance

UK: Reef Subsea Wins Major Contract for Gwynt y Môr

Reef Subsea AS announced today that its subsidiary company, Reef Subsea Power & Umbilical Ltd. with offices in Stockton on Tees and Aberdeen, has been awarded a major contract with Gwynt y Môr Offshore Wind Farm Limited, worth approximately £40m. It will see Reef Subsea Power & Umbilical assist with

about 14 years ago
Norway: TTS Purchases Heavy-Lift Crane Company
Business & Finance

Norway: TTS Purchases Heavy-Lift Crane Company

TTS Group ASA has entered into an agreement to purchase Neuenfelder Maschinenfabrik GmbH (NMF), located in Hamburg, Germany. Closing is expected to be finalized in the first half of August 2012. Expected turnover of NMF in 2012 is 660 MNOK (88 MEUR). The last 5 years NMF has delivered marine cranes

about 14 years ago
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