JDR has appointed James Young as its Chief Technology Officer, who will take up the role with effect from 1st February 2016. In his prior role as Engineering Director, Young led the attraction and development of JDR’s engineering talent for many years, the company said. David Currie, CEO, said: “Thi
Bernie Sanders, U.S. Senator from Vermont and one of the national presidential candidates, has introduced a bill that would permanently extend the Investment Tax Credit (ITC) for advanced clean energy property and expand the 30% credit to offshore wind facilities. The American Clean Energy Investmen
2016 will be the first year in which we will see over ten offshore wind financings, according to Jérôme Guillet, Managing Director at Green Giraffe, a specialist advisory boutique focused on the renewable energy sector. These financing projects may not close until 2017, but they will certainly start
Offshore wind has shown to be a fruitful field for Briggs Marine & Environmental Services in the past year, especially since the company expects further growth based on its performance in 2015. Briggs Marine increased its turnover to GBP 62 million in the fiscal year ended 31 March, 2015, with the t
UK-based subsea cable specialist ETA has announced the formation of a new division to focus on the provision of marine cable connectors, terminations and accessories. The new division will continue to provide bespoke designs and at the same time develop ETA’s production lines for larger scale projec
Following the UK Energy Secretary Amber Rudd’s announcement that the government will hold three Contract for Difference (CfD) auctions before 2020, the first of which will kick off this year, Chris Willow, Senior Associate at BVG Associates, has selected front runners in the race to win the first au
GE Power Conversion has signed a contract to equip offshore wind turbines manufactured by Shanghai Electric Wind Power Equipment (Sewind) with 4MW Fully Fed LV3 wind converters. Totalling 1GW, the deal is set to be one of the biggest offshore wind projects in China, GE said. The converters will be m
Business Intelligence and Strategy Research (BIS Research) has recently published a report titled “Asia-Pacific Wind Energy Market Outlook, Focus on Equipment, Deployment and Geography: Estimation and Forecast 2015-2020”. Owing to the increasing energy demands and a dire need for safeguarding measur
Tim Curtis has been appointed as managing director of Ricardo Energy & Environment, taking over from Robert Bell, who retires following a 40-year career with the company. Commenting on this new appointment, which builds on his previous senior managerial positions with the company since 2007, Tim Cur
Waypoint North has changed its company name to SeaState Aviation to reflect its focus on the offshore wind market. Managing Director Johan Hansen said the new name is a better representation of the company’s core services, which is providing independent offshore aviation consulting and safety assura
U.S.-based NovaVis, the Virginia Offshore Wind Coalition (VOW) and Germany’s WAB e.V.; Windenergie-Agentur have agreed to use the NovaVis supply chain technology in order to build the Trans-Atlantic Bridge. The “bridge” consists of a singular hub of collaboration and exchange among German and U.S. e
There is every reason to believe that 2016 will see a series of developments for renewable energy, especially in new markets in offshore wind, according to Bruce Valpy, Director at BVG Associates. The year ahead of us will see the commissioning of the first offshore farm in the US, at Block Island,
The U.S. Department of Energy (DOE) has selected Dr. Sanjiv Malhotra to be the first Director of the Clean Energy Investment Center (CEIC), located within the Office of Technology Transitions (OTT). CEIC was established in 2015 as part of the Obama Administration’s Clean Energy Investment Initiative
Aegon Asset Management (AAM) and its French joint venture partner La Banque Postale Asset Management (LBPAM) have invested EUR 70 million in the 288MW Meerwind offshore wind farm. Aegon Asset Management has invested EUR 45 million in the wind farm, with LBPAM providing the remaining EUR 25 million.
