Business & Finance
Vibrancy for Business at Seawork 2011 (UK)
There was a real vibrancy to the 14th edition of Seawork. While the business of maintaining Europe’s marine infrastructure is important work, the prospects surrounding marine renewable energy are proving exciting. By making the most of these opportunities for business, Seawork continues to reinforce
Shareholders Dispose of Company’s Entire Interest in SeaEnergy Renewables Limited (UK)
SeaEnergy announce that at the General Meeting held earlier today (June 22, 2011) shareholders voted in favour of the resolution to dispose of the Company’s entire interest in SeaEnergy Renewables Limited to Repsol Nuevas Energías S.A. The transaction is expected to complete before the end of the mo
Renewable Energy Projects Could Face Financial Problems (UK)
Financiers have warned that there may not be enough experienced pensions funds to meet simultaneous renewables build-outs across the EU… (utilityweek) [mappress] Source: utilityweek, June 22, 2011;
Alstom Acquires 40 pct Equity Stake in AWS Ocean Energy (UK)
Power major Alstom has acquired a 40 per cent equity stake in Inverness-based wave energy company AWS Ocean Energy in its first investment in the marine energy sector. Financial details were not disclosed. AWS said the investment will give it the financial strength to expand its operations and accel
Sino-report Publishes 2011 Deep Research Report on EU and China Offshore Wind Power Industry
Offshore wind is the mean of a reliable, intensive and abundant renewable energy. This relatively new source of electricity generation, which is capable to meet much of the populated coastal areas need for power around the world, has been also stimulating the development of marine economies with tho
OEA Warns EU of Marine Energy Funding (Belgium)
EUROPE risks losing its lead in marine energy to America unless the European Union finds urgent funds to support the fledgling industry, … By Dominic Jeff (scotsman) [mappress] Source: scotsman, June 20, 2011;
Hemas Power Explores Offshore Renewable Energy Opportunities (Sri Lanka)
Hemas Power PLC (HPWR) is actively exploring opportunities offshore in the renewable energy front, the company says. By Jithendra Antonio (dailymirror) [mappress] Source: dailymirror, June 20, 2011
The Netherlands: Workships Contractors and Doeksen Family Expand into Offshore Wind Industry
Dutch offshore and ferry operating companies Workships Contractors and the Doeksen family announce their continued expansion into the service sector of the offshore wind industry by signing a Heads of Agreement for an Anglo-Dutch co-operation with Offshore Wind Power Marine Services Ltd, one of the
CEO of Alstom Reorganizes Company to Boost its Development (France)
The Alstom Board has approved a major reorganisation of the company proposed by Patrick Kron, Chairman and Chief Executive Officer of Alstom. This reorganisation is effective on 4 July 2011. Alstom has undergone a period of strong growth, followed by the necessary adaptation to a tougher economic en
City Planners Announce Two More Wind Farms off Shanghai’s Coast (China)
SHANGHAI will build two more offshore wind farm projects by 2015 to increase the use of clean energy, the city’s planner said yesterday… By Richard Fu (shanghaidaily) [mappress] Source: Shanghai Daily, June 16, 2011
MHKs Expected to Follow UK’s Renewable Energy Lead
The UK government last week announced plans to invest in an offshore renewable energy technology and innovation centre to help businesses… By Michael Glanfield (iomtoday) [mappress] Source: iomtoday, June 15, 2011;
REpower Converts to Societas Europaea (Germany)
At the Annual General Meeting in October 2010, the shareholders of REpower Systems Aktiengesellschaft (Prime Standard, WKN 617703) approved the conversion of the company to a Societas Europaea (SE). Since June 15, 2011, REpower Systems AG has been registered with the Hamburg Registry Court as REpowe
Maine Officials Jet to Decide on Offshore Wind (USA)
Gov. Paul LePage’s top energy official says he may have spoke prematurely when he recently expressed concern over the high price of … By Tom Porter (mpbn) [mappress mapid=”4000″] Source: mpbn, June 15, 2011:
Offshore Wind Farm Consultation Comes to Mablethorpe (UK)
THE fate of a controversial proposal to build the world’s biggest offshore wind farm at Triton Knoll, 20 miles off Mablethorpe’s coast … [mappress mapid=”3997″] Source: louthleader, June 15, 2011;