Despite of the fast development of EU wave and tidal power technology due to the shortage of governmental financial support and that of big investors, considerable time will have to pass before this sector becomes a reliable source of energy, Eur Activ informs. According to renewables manager at UK
The U.S. Army reported on March 19 that it will partner with industry to invest up to $7 billion over the next 10 years in renewable energy sources, including wind, solar, biomass, and geothermal energy. The military department has released a draft request for proposal (RFP) that could allow multipl
Dr Richard Yemm, inventor of the Pelamis wave energy device has been honoured for his outstanding contribution to the development of the marine renewables sector. The iconic red ‘sea-snake’ wave energy converter has gained international recognition since Dr Yemm founded Pelamis Wave Power in Edinbur
Nippon Export and Investment Insurance (NEXI; Chairman: Takashi Suzuki) has decided to provide Overseas Untied Loan Insurance for Offshore Wind Power Projects in UK participated by Marubeni Corporation (“MC”) of Japan. The MC’s subsidiary, MC GFS Investment Company Limited, has been extended non-rec
The European Wind Energy Association, with over 700 members from over 60 countries, is the World’s largest and most powerful wind energy network. DHI will be a part of it for the 10th consecutive year and invites clients, partners and all other interested parties to meet with the DHI representatives
On Tuesday, March 20, the U.S. Department of Energy (DOE) Water Power Program notified potential future applicants of an upcoming Funding Opportunity Announcement tentatively titled, “In-Water Wave Energy Conversion (WEC) Device Testing Support.” DOE intends to fund one industry-led project that wil
AXYS Technologies Inc. (AXYS) announced that it has signed Fabricom (part of the GDF Suez operation) as its exclusive agent for Marine product sales in Belgium. The agreement covers the broad range of Marine products, including TRIAXYS, WatchMate, WatchKeeper, and 3 Metre buoys, along with Port and
The wind farm project developer, PNE WIND AG, continues to hold all of the shares in the “Gode Wind II” offshore wind farm project. The sale of the project company agreed on 29th December 2011 did not become effective because HYSSING Vermögensverwaltungsgesellschaft mbH, held by the Danish company,
Danish governing and opposition parties have agreed to boost offshore wind energy in the country, Reuters reports. According to the government officials, a deal has been made between the centre-left government, an allied leftist party and all opposition parties except one. Minister for Climate, Ener
Energy Minister Fergus Ewing has today announced a new £103 million investment fund which will drive the growth of renewable energy in Scotland for generations. The Renewable Energy Investment Fund (REIF) will initially focus on supporting communities and rural businesses to develop their own local
Andy Paine, the new program director for Vattenfall, has been cordially welcomed at the East Anglia Offshore Wind joint venture, reports reNews Europe. Upon assuming this new position, he will act as a spokesperson for the development to building stronger relationships with key stakeholders and he w
The management of Oveldi Worldwide has begun talks with Norwegian ship brokers TP Shipping of Grimstad, Norway. President Thomas Parlow, 16 year president of TP Shipping and formerly of TexShip Chartering of Houston, Texas, specializes in heavy lift transports, project cargo transports and IMO cargo
The European Investment Bank is currently evaluating a loan of up to EUR 335 million for a wind project off the Belgian coast. Northwind NV, formerly known as the Eldepasco, is planning to build a wind farm with a capacity of 216 MW, situated 37 km off the coast. It will occupy an area of […]
South Korea is going to invest around 1 billion US dollars into research and development of energy industry, reports Xinhuanet The ministry planned to give support to several sectors such as solar power, offshore wind power, fuel cell and solar photovoltaic cell sector, to help them expand in overse
