Business & Finance
Wind Turbines Sale Decreases in UK, Germany
In the first half of the year sales of wind turbines decreased, despite the ambitions of Germany and the UK. This makes obvious the struggle which the offshore wind sector and its financial supporters are facing in reaching the respective countries´ goals. As the financial crisis has spread througho
BioPower Systems Receives AUD 5.6 Million from Australian Government
The Federal Minister for Resources and Energy, Martin Ferguson AM MP, announced a $5.6 million grant for BioPower Systems’ $15 million bioWAVE Pilot Demonstration Project off the coast of Victoria. These funds add to the $5 million recently awarded to the project by the Victorian Government, confirm
Australia: Carnegie Signs Key Wave Energy Agreement with Department of Defence
Wave energy developer, Carnegie Wave Energy Limited announced the signing of key agreements with the Australian Department of Defence unveiled today by the Australian Prime Minister, the Honourable Julia Gillard, and the Federal Member for Brand, the Honourable Gary Gray, at Carnegie’s Wave Energy R
UK: Climate Change Policies Expensive and Damaging for Industry, Study Shows
The Renewable Energy Foundation (REF) has welcomed the Department of Business Innovation and Skills (BIS) study showing that the UK’s climate change policies are expensive relative to other major economies and damaging for UK industry. REF has consistently argued since its creation in 2004 that UK’s
Sweden: SKF Signs USD Multi-Million Agreement for Wind Industry
SKF has signed a three-year supply agreement, worth around SEK 1 billion (around USD 142 million) for the new generation SKF Nautilus bearing, with a major wind turbine manufacturer. The new multi-megawatt turbine that will utilize the new bearing is intended for both onshore and offshore installati
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
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
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
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
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
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
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
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
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