Strategic Marine, a leading specialist shipbuilder in Asia, announced that Njord Offshore, UK fleet operator of Crew Transfer Vessels for the growing European offshore windfarm sector, has officially confirmed the option for two more high performance crew transfer and service vessels, taking the tot
To establish the appropriate contractual structure for an offshore wind project’s delivery, Developers must recognise the need for funders to be satisfied as to the robustness of any legal structures. If a strategic partnership is formed, questions arise as to whether this will limit the exposure of
With the support of technical due diligence advice from GL Garrad Hassan, Sumitomo Corporation and its subsidiary Sumitomo Corporation Europe last week agreed to invest significant amount of equity in two Belgian offshore projects. The Belwind 1 operational wind farm and Northwind project together a
From its immersion in January 2013, at the European Marine Energy Centre (EMEC) in Orkney, Scotland, Alstom’s full-scale tidal device has reached the full nominal power of 1MW after a series of gradual increases in power. The turbine connected to the grid has now generated over 10MWh of electricity,
World leader for naval defence, DCNS has turned its knowledge of the sea and its unique experience of new technologies into an advantage to position itself on the renewable energy market. An ambitious plan that is already well on its way to being implemented. The theoretical potential of marine ener
FoundOcean has been awarded two significant accreditations from independent auditing body DNV. Jim Bell, Managing Director for FoundOcean said, “The ISO 9001 certificate that we have held since 2006 demonstrates that our quality management system complies with industry best practices. The OHSAS 1800
Centrica has released interim results for the period ended 30 June 2013. Highlights from their report: Adjusted earnings up 2% to £767 million; 14.8 pence adjusted basic earnings per share Total adjusted tax charge rises 21% to £690 million; effective tax rate of 47%, up from 43% British Gas Residen
Oceanflow Energy’s Evopod is a tidal turbine with a difference. A semi-submersible turbine design, it has shown excellent seakeeping performance in tests, and it incorporates Siemens gear and inverter units. As a floating, tethered device, it has lower deployment costs than seabed mounted devices, a
During the Alderney Electricity’s (AEL) first public forum, Mike Richards, Chairman of AEL talked about energy prices. Namely, Richards said that the residents would pay more for the renewable energy than they are currently paying for the oil that is being imported, This is Guernsey news portal info
In the wake of the first auction for the two federal lease areas offshore Rhode Island and Massachusetts, Jonathan Peress, vice president and director of Clean Energy and Climate Change, Conservation Law Foundation emphasized his support. Peress said for Business & Real Estate: “(Today’s) auction is
The Albany Chamber of Commerce and Industry’s Russ Clark has welcomed recent announcement about the Western Australia’s first full-scale tidal energy project, writes ABC News. Last week the Environment Minister, Albert Jacob, gave the green light to the Tidal Energy Australia’s (TEA) proposal to bui
Danish company Sea Consult ApS has taken delivery of its first Damen Twin Axe as the company prepares to enter the offshore wind market. Based in Marstal, Sea Consult is a new customer to Damen and this will be the first Fast Crew Supplier (FCS) 2610 to be operated by a Danish company. The vessel [&
Subsea technology specialist, Ecosse Subsea Systems (ESS) has moved to larger premises as it prepares for significant business growth. ESS was established in 1996 and has a number of innovative patented technologies, including the SCAR plough and trenching system, which is in demand for specialist p
Growing interest from Japan, Korean and China in the world’s windpower market has extended to the massive wind farm developments planned off the East of England. The countries want to create more wind energy at home but also have a watchful eye on the potential of lucrative markets off the UK. James
