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NewsWind Farm UpdateBusiness & Finance
Ocean RusEnergy Upgrades Its Wave Energy Generator
News

Ocean RusEnergy Upgrades Its Wave Energy Generator

The company has released an upgraded version of the Ocean wave generator 160. The new generator weighs 35 kg, with diameter of 160 mm and a length of 2 meters. The previous version of the generator was weighing 45 kg, with a diameter of 180 mm and a length of 1.5 meters. The new generator […]

about 13 years ago
UK: Njord Offshore Confirms Option for Two Crew Transfer Vessels
News

UK: Njord Offshore Confirms Option for Two Crew Transfer Vessels

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

about 13 years ago
Germany: Offshore Wind Alliances Give Certainty to Investors
News

Germany: Offshore Wind Alliances Give Certainty to Investors

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

about 13 years ago
UK: SMart Wind Submits Application for 1.2GW OWF
Wind Farm Update

UK: SMart Wind Submits Application for 1.2GW OWF

SMart Wind (a joint venture between Mainstream Renewable Power and Siemens Project Ventures) and DONG Energy have submitted the Project One offshore wind farm on behalf of Heron Wind Ltd and Njord Ltd to the Planning Inspectorate (PINS) for consent determination, on 30th July. PINS will have until 2

about 13 years ago
The Netherlands: IK to Partner with Ampelmann
Business & Finance

The Netherlands: IK to Partner with Ampelmann

Funds managed by IK Investment Partners (“IK”) are to acquire a majority stake in Ampelmann, a Dutch-based leading supplier of Motion Compensated Gangway (MCG) systems to the offshore energy sector, from its founders. Financial details for the transaction were not disclosed. Headquartered in Delft,

about 13 years ago
Belgium: GL Garrad Hassan Continues to Help Unlock New Capital for Offshore Wind
News

Belgium: GL Garrad Hassan Continues to Help Unlock New Capital for Offshore Wind

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

about 13 years ago
UK: Alstom’s Tidal Turbine Reaches Full Potential
News

UK: Alstom’s Tidal Turbine Reaches Full Potential

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,

about 13 years ago
France: DCNS Turns to Harnessing Ocean Energy
News

France: DCNS Turns to Harnessing Ocean Energy

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

about 13 years ago
UK: FoundOcean Awarded Joint DNV Accreditations
News

UK: FoundOcean Awarded Joint DNV Accreditations

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

about 13 years ago
UK: Centrica Adjusted Earnings Up 2 Pct to GBP 767 Million
News

UK: Centrica Adjusted Earnings Up 2 Pct to GBP 767 Million

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

about 13 years ago
UK: Siemens Technology in Oceanflow’s Semi-Submersible Turbine Design
News

UK: Siemens Technology in Oceanflow’s Semi-Submersible Turbine Design

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

about 13 years ago
Alderney Tidal Energy Prices Will Look Cheap in 10 Years
News

Alderney Tidal Energy Prices Will Look Cheap in 10 Years

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

about 13 years ago
USA: Conservation Law Foundation Welcomes Auction for Two Offshore Wind Federal Leases
News

USA: Conservation Law Foundation Welcomes Auction for Two Offshore Wind Federal Leases

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

about 13 years ago
Australia: Tidal Energy Project Announcement to Boost Wave Energy Development
News

Australia: Tidal Energy Project Announcement to Boost Wave Energy Development

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

about 13 years ago
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