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Navitus Bay to Reimburse Local Companies’ Losses
Business & Finance

Navitus Bay to Reimburse Local Companies’ Losses

Navitus Bay developers are proposing to compensate losses that local marine businesses might incur due to the construction of the offshore wind farm. Campaigners fighting the project claim that this is a signal that the developers are acknowledging the project’s negative impacts on tourism, the BBC

about 12 years ago
Siemens’ Energy Division Profit Down 54 Pct
Business & Finance

Siemens’ Energy Division Profit Down 54 Pct

German conglomerate Siemens reported the second-quarter profit of €255 million for its energy business, which is 54% lower than in the same period last year. Some of the factors that contributed to this are charges of €48 million, caused by a malfunction of bearings in some onshore wind turbines, an

about 12 years ago
US Government: Offshore Wind 101
Training & Education

US Government: Offshore Wind 101

Under the series “Top Things You Didn’t Know About…”, US Office of Energy Efficiency and Renewable Energy is now focusing on the offshore wind. Besides these facts, the department has released Energy 101: Wind Turbines video. 1. Offshore Wind Resources are Near Most Americans: More than 70 percent o

about 12 years ago
Siemens Restructures Its Business
Business & Finance

Siemens Restructures Its Business

Starting October 1, 2014, Siemens’ activities will be organized into nine Divisions. The Wind Power and Renewables Division will serve, among other things, the rapidly growing field of onshore and offshore wind power generation. As part of its realignment, Siemens AG has also named its future manage

about 12 years ago
James Fisher, Mammoet Partner Up to Strengthen Their Businesses
Business & Finance

James Fisher, Mammoet Partner Up to Strengthen Their Businesses

James Fisher Marine Services Ltd (JFMS), part of James Fisher and Sons plc – the UK’s marine services provider, has announced the signing of a cooperation agreement with Mammoet Salvage B.V, a division of Mammoet. This provides an opportunity for combined capability and expertise, providing enhanced

about 12 years ago
Dong Energy Browsing Locations for Race Bank Construction Base
Business & Finance

Dong Energy Browsing Locations for Race Bank Construction Base

At a recent official launch of the Race Bank offshore wind farm project in Sutton Bridge, Dong Energy confirmed that it is looking for a suitable location for the project’s base, which could create 90 direct jobs. Robert Thornhill, Dong Energy’s project development manager said that the company coul

about 12 years ago
HSBC: Offshore Wind to Hit 43GW by 2020
News

HSBC: Offshore Wind to Hit 43GW by 2020

By 2020, offshore wind power is estimated to increase six times, from 6.5 to 43 GW, HSBC Holdings wrote in its report. Suzlon, Vestas and Gamesa would see the most benefit from this scenario, reports Bloomberg. Even though Siemens is the biggest manufacturer of wind turbines, HSBC gave an advantage

about 12 years ago
Nordic Offshore Marine Hires Former Siemens Employee
News

Nordic Offshore Marine Hires Former Siemens Employee

Nordic Offshore Marine has strengthened its personnel department through the employment of Lena Klüver as new Offshore Personnel Manager. Lena Klüver is educated machine engineer and has a strong experience with sales and SHEQ from previous jobs within the maritime and renewable industries. Lena com

about 12 years ago
Nauti-Craft to Present Its Marine Suspension System at Seawork (VIDEO)
Operations & Maintenance

Nauti-Craft to Present Its Marine Suspension System at Seawork (VIDEO)

Nauti-Craft will début its latest prototype vessel 2Play at Seawork 2014 on berth V38. The vessel is a first-of-its-kind 8 meter catamaran. At its core is the Nauti-Craft marine suspension system combined with the unique Deck Attitude Control System (D.A.C.S), which actively adjusts and maintains th

about 12 years ago
DECC Creates Interactive Map of Renewables Investment and Jobs
Authorities

DECC Creates Interactive Map of Renewables Investment and Jobs

The UK Department of Energy and Climate Change (DECC) published a new Energy Investment Report at the end of April. Since 2010, investment worth more than £45 billion has been secured in electricity infrastructure alone – the majority of this investment has been in renewable technologies. According

about 12 years ago
La Caisse Invests in London Array
Business & Finance

La Caisse Invests in London Array

One of Canada’s leading financial institutions has joined the international partnership behind London Array. La Caisse de dépôt et placement du Québec (La Caisse) has taken a 25 per cent share in the offshore wind farm after buying half of DONG Energy’s 50 per cent holding. The other shareholders ar

about 12 years ago
Dong Energy to Organize Two ‘Meet the Buyer’ Events for Burbo Bank Extension
Business & Finance

Dong Energy to Organize Two ‘Meet the Buyer’ Events for Burbo Bank Extension

Dong Energy’s team will host two “Meet the Buyer” exhibitions about the supply chain opportunities for Burbo Bank Extension Offshore Wind Farm. The events will provide an opportunity to meet senior members of Dong Energy’s procurement and project teams to discuss opportunities that may exist in the

about 12 years ago
Atlantis, RusHydro Team Up for Australian Tidal Energy Market
News

Atlantis, RusHydro Team Up for Australian Tidal Energy Market

Atlantis Resources Limited, the AIM-listed vertically integrated turbine supplier and project owner in the tidal power industry, and JSC Lenhydroproject (a 100%-owned subsidiary of RusHydro) have signed a Memorandum of Understanding about cooperation on prospective tidal power projects in Australia.

about 12 years ago
Orkney Marine Renewables to Hold Public Open Day
News

Orkney Marine Renewables to Hold Public Open Day

As part of the Energy Day programme of EU Sustainable Energy Week, a public open day will take place on Tuesday 3rd June 2014 to showcase the pioneering advancements that are taking place in marine renewables in Orkney. EMEC, in partnership with Ocean Energy Europe, has developed an exciting program

about 12 years ago
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