Business & Finance
UK: Goodchild Delivers ORC 171 Vessel to Estuary Services
Goodchild Marine Services Limited announced the handover of their newest breed of vessel, ORC 171, duly named Estuary Elan to the proud new owners Estuary Services Limited whilst at the Seawork Boatshow in Southampton. Upon speaking with Alan Goodchild he pronounced “We are delighted to handover the
ETI Presents Tidal Energy Converter System Demonstrator Project
A project by the Energy Technologies Institute to identify ways of providing a cost effective deployment of tidal stream technologies at commercial scale in UK waters, has been announced at All-Energy by Charles Hendry, the Minister of State for the Department of Energy and Climate Change. The Tidal
UK: EMEC to Colaborate with Oregon Wave Energy Trust and NNMREC
THE European Marine Energy Centre (EMEC), Scotland’s world-leading marine and tidal energy development facility, today (Wednesday, May 23) announces a major collaboration with Oregon Wave Energy Trust and its partner, Northwest National Marine Renewable Energy Centre (NNMREC). EMEC will deliver advi
Scottish First Minister Announces GBP 18 Million Marine Energy Fund
A multi-million pound fund to help develop Scotland’s first commercial wave and tidal power arrays was opened today. Addressing the AllEnergy conference in Aberdeen, First Minister Alex Salmond announced that Scotland’s Marine Renewables Commercialisation Fund (MRCF) was now open for bids by marine
Canada: NaiKun Releases Q2 Results
NaiKun Wind Energy Group Inc. (“the Company” or “NaiKun Wind”) announced its financial results for the three months ended March 31, 2012, a fiscal period in which the Company continued to explore ways to forward the NaiKun Wind Project while controlling its costs. A substantial restructuring was und
Germany: Moventas Signs EUR 80 Million Contract for 5MW Offshore Wind Gears with AREVA
Moventas continues to strengthen its offshore capability with its 5MW medium speed wind gear. In the beginning of May, Moventas delivered two 5MW offshore wind gears to AREVA Wind. The two companies have signed an 80 million euro agreement on future deliveries. After approximately one year of testin
Belgium: Wind Energy Can Create Economic Activity and Jobs, Says EWEA CEO
Wind energy can create economic activity and jobs, while saving money – that’s one of the conclusions Christian Kjaer, CEO of the European Wind Energy Association (EWEA), reaches in an opinion article published today in advance of the beginning of the European Council informal growth summit. Kjaer a
Japan: Banks to Loan USD 320 Million for Wind Power Company Purchase
Marubeni Corp. and Innovation Network Corporation of Japan, a joint private-public investment fund, plan to purchase British wind power manufacturer Seajacks. Six Japanese banks agreed to extend a loan of approximately USD 322 million for the companies by the end of the month. The two companies plan
UK: Tocardo to Present Tidal Power at ‘All-Energy’ Conference
Tocardo International, the leading producer of hydro-power turbines, will make the case for tidal power at the international All-Energy conference in Aberdeen on 23 & 24 May. The Dutch hydro-power specialist is one of the first companies in the world to deliver a complete tidal technology and sell i
India: Suzlon Avoids Selling Repower
Since March 1, Suzlon Energy Ltd. rose 6.7 percent in Mumbai trading on its path to raise USD 800 million and thus avoid selling of its Repower Systems AG. As the Bloomberg reports, the company plans to gain the whole amount this year through loans and a bond sale. Recently, 20 banks agreed to exten
UK: SDI Creates Over 7,000 Jobs
Scottish Development International’s (SDI) international trade and investment activity created or safeguarded more than 7,000 Scottish jobs and helped more than 1,000 high potential Scottish companies target new global markets last year. In 2011/2012, SDI also worked with 190 companies on significan
100th Company Signs Wind Energy Charter, Says RenewableUK
RenewableUK, the trade and professional association for the wind, wave and tidal industries, has announced that 100 companies have now signed up to the first-ever Wind Energy Charter. The Charter sets out the intentions of the industry to invest in the prosperity and energy security of the UK, to pr
UK: BMT Achieves Great Financial Results
BMT Group Ltd, the international design, engineering and risk management consultancy, announced that it has achieved robust financial results, despite another year of challenging economic conditions across much of the world. Revenues from continuing businesses rose 8% to £127m and underlying operati
UK: Trident Energy Wins Scottish Enterprise Grant
Trident Energy, the independent developer of generator solutions for the offshore renewable energy industry, announced that it has been awarded a Scottish Enterprise SMART: SCOTLAND R&D grant to help fund the forthcoming sea trials of its linear generator technology. Together with on-going commitmen