Business & Finance
Isle of Wight Council Submits GBP 1.2m Bid for Tidal Energy Centre (UK)
A TIDAL energy centre off the Island’s coastline could go ahead after all, if a new bid for government funding proves successful. Following the rejection of an earlier bid for £20million in regional growth funding, to create a tidal-powered Solent Ocean Energy Centre (SOEC) off the south coast of th
Linklaters Advises Transmission Capital Partners on First Two Acquisitions of UK Offshore Transmission Assets
Linklaters has advised on the first two offshore transmission projects in the UK market to reach financial close to date, reinforcing the firm’s excellent reputation in the renewables and transmission sectors. Linklaters advised a consortium of Transmission Capital Limited, Amber Infrastructure and
Monitoring Station to Track Wind Speed at Chouet (UK)
Offshore wind power could be on its way to Guernsey after permission was granted to erect a monitoring station at Chouet headland. The equipment will test the wind speed on the coast and compare it with the airport to see if wind turbines would be viable. Commerce and Employment agriculture and envi
Cash Compensation Set for Transfer of REpower’s Shares (Germany)
Today (July 21, 2011), the majority shareholder of REpower Systems SE , AE-Rotor Holding B.V., Amsterdam (Netherlands), a subsidiary of Suzlon Energy Ltd., Pune (India), informed the Executive Board of REpower Systems SE that it has set the cash compensation for the transfer of the shares from the m
ScottishPower Appoints Keith Anderson as Chief Corporate Officer
ScottishPower today announces the appointment of Keith Anderson as Chief Corporate Officer. The appointment follows an extensive internal and external recruitment process which fully considered a number of strong candidates. Keith takes on this role which is based in Glasgow, whilst retaining his po
DONG Energy Agrees on Terms for Divestment of Transmission Assets at Gunfleet Sands (UK)
The terms regarding the divestment of the transmission assets relating to Gunfleet Sands I and II have now been agreed between DONG Energy and the purchaser TC Gunfleet Sands OFTO Limited (Transmission Capital Partners) at the sum of GBP 49.5 million. The financial closure of the transaction has bee
MOEA Announces Taiwan Wind Power Development Plan
Taiwan will boost its wind power capacity from 530 megawatts to 4,200 megawatts by 2030 under an ambitious renewable energy plan unveiled July 18 by the Ministry of Economic Affairs. The project, which is expected to generate NT$500 billion (US$17.27 billion) in business for Taiwan’s equipment manuf
Robert F. Kennedy Jr. Attacks Patrick Administration (USA)
Robert F. Kennedy Jr. is accusing the Patrick administration of holding up Nstar’s proposed $4.6 billion merger with Northeast Utilities until the firms sign a deal to purchase electricity from the planned Cape Wind project. “In effect, the state administration is trying to hold hostage the proposed
Floating Lessons at DeepCwind (USA)
The DeepCwind Consortium reviewed dozens of applications and placed 12 students around Maine and Washington, D.C. for eight-week-long summer internships. Follow this series to hear from the mouths of interns what it’s like to work for companies that are launching the floating deepwater offshore wind
Market Reform to Make UK More Attractive for Investors
The launch of the government’s White Paper on energy market reform (EMR) could help energy comparison customers find cheap energy bills in the coming years by making the UK more attractive to investors. Matthew Spencer, director of Green Alliance, noted that the publication “moves the UK from having
Banks of River Humber Could Host Thousands of Manufacturing Jobs (UK)
Thousands of hi-tech manufacturing jobs could be created along the banks of the River Humber as negotiations to bring further wind turbine… (yorkshirepost) [mappress] Source: yorkshirepost, July 18, 2011;
UMaine Appoints Portland Lawyer to Work on Renewable Energy Curriculum (USA)
Portland lawyer Jeffrey A. Thaler has been appointed University of Maine visiting professor of energy law, policy and ethics. By Judy Harrison (bangordailynews) [mappress] Source: bangordailynews, July 18, 2011
USA: Elia Becomes Equity Partner in Offshore Atlantic Wind Connection Project
Elia, the Belgian Transmission System Operator, joins Google, Marubeni, Good Energies and Atlantic Grid Investments (“AGI”) in the Atlantic Wind Connection project for the development of the first high voltage direct current (“HVDC”) offshore backbone in the U.S., that will enable the connection of
Pöyry Acquires Parts of Engineering Consulting Business of Vattenfall (Sweden)
Pöyry Plc has completed the acquisition of parts of the engineering consulting business of Vattenfall Power Consultant AB . The business has been incorporated into a new company, SwedPower AB, in which Pöyry has 100 per cent shareholding. The parties have agreed not to disclose the purchase price. A