One of the key elements in the successful construction of an offshore wind park is the skilful installation of cables – a complicated task that is often subject to huge repair costs. Cable damage causes over 70% of all insurance claims on installed wind parks, which shows that there is great need fo
Wave energy developer Carnegie Wave Energy Limited welcomes the UK House of Commons Energy and Climate Change Committee report on ‘The Future of Marine Renewables in the UK.’ The report highlights the opportunities and benefits of developing a world leading marine energy industry and the need for th
Fluor Corporation today announced financial results for its fiscal year ended December 31, 2011. Net earnings attributable to Fluor for 2011 were $594 million, or $3.40 per diluted share, compared with $357 million, or $1.98 per diluted share in 2010. Consolidated segment profit for the year was $1.
Latest study findings made by experts from the North Carolin Offshore Wind Coalition show that the earliest wind turbines might be seen constructed off the North Carolina coast only after five more years. Governor Ben Purdue’s office presented the key features of a report compiled by a 15-person pan
While the Scottish Parliament’s economy, energy and tourism committee is considering to invite Donald Trump to give “wind farm evidence“, the US tycoon is giving his support to the anti-wind farm group. The tycoon’s staff, based at Trump Towers in New York, will be working on a daily basis with Comm
Aibel has opened a centre for integrated operations at its Stavanger headquarters. Ten Aibel offices in Norway and internationally will from now on collaborate daily with the help of advanced technology. In the new centre, employees from all ten offices can gather for the same videoconference, as de
Gujarat state government has revealed its intention to explore, in the upcoming years, the state’s tidal power generation potential, along with solar energy and wind power, in order to pursue huge power generation capacity. This project has already been granted Rs 25 crore. Gujarat Energy Developmen
The seminar “Power to the Winds of Change”, with keynote speakers Dr. Bertrand Piccard, Initiator and Chairman of Solar Impulse, Mr. Jaak Rutten, CEO of C-Power, Mr. Melchior Wathelet, Belgian Secretary of State for Environment and Mobility, and Serge de Gheldere, CEO of futureproofed and the Belgia
SeaEnergy today announces the appointment of a permanent Chief Executive, together with further details of a proposed return of value to shareholders, its future business plans, certain other board changes and a review of executive remuneration. Board changes and employment terms The Board is please
Scotland and England are competing to create hub for $52 billion offshore wind industry. Leith, the port area of the Scottish capital, Edinburgh, and the northeast English coastal town of Hartlepool are striving for an investment worth 150 million-pound ($237 million) from a Spanish wind-turbine mak
Recently, COSCO Nantong Shipyard commenced keel laying of Sea Installer, hull number N370. This will be the first offshore vessel to be built to meet the PSPC (Performance Standard for Protective Coating) standard. The steel cutting ceremony for the Sea Installer was held on November 15th in COSCO N
Bonheur ASA has today announced the results of 4 quarter 2011 and preliminary result for 2011.
As the UK pursues its ambition to achieve 15% of electricity demand from renewable sources by 2020, the planned increased in generation from off-shore wind, wave and tidal devices in the marine environment presents increasing technical challenges in terms of distance to shore, water-depth, local sea
DONG Energy has today signed an agreement to sell 50 per cent of the German offshore wind Borkum Riffgrund 1 to the LEGO Group’s parent company, KIRKBI A/S, and the Oticon Foundation, via its investment company, William Demant Invest A/S for a total sum of DKK 4.7 billion. When completed Borkum Riff
