Siemens reported today that it had received an order for 56 of its SWT-6.0-154 wind turbines, including a 15-year service contract, for the Galloper offshore wind farm, for which the final investment decision was reached today. So far, the company has sold about 300 of its SWT-6.0-154 wind turbines
DONG Energy’s earnings were 14% higher in the first nine months of 2015, compared with the same period last year, the company reported today in its interim financial report for 9M 2015. DONG said earnings (EBITDA) were up by 14% in the first nine months from DKK 13.0 billion (approx. EUR 1.7 billion
Aquamarine Power today called in administrators to manage the business and to seek a sale or investment via the administration process. BDO LLP business restructuring partners James Stephen and Graham Newton have been appointed Joint Administrators and will now take over the running of the Edinburgh
After Red7 Group went into administration, Mike Jones and Martin Spurr have launched Red7 Offshore and Red7 Inshore Diving, aiming to win important diving and marine contracts on oil & gas and wind farm projects and inland/inshore work. They believe lower overheads, a leaner operation and Great Yarm
As the tendering procedure for Borssele I and II offshore wind sites is due to be launched in December, at least ten consortia and companies have already shown interest in building offshore wind farms at the first two offered lots, the Dutch media reported. The parties interested in bidding for Bors
Horizon 2020, the biggest EU Research and Innovation programme, has issued a call for submission in renewable energy technologies and low carbon energy. A total of €118.3 million in total will be available for project proposals while a sum of €61.3 million will go for developing of the next generati
Following the financial close for the Nobelwind offshore wind farm, MHI Vestas received the order for the supply of 50 V112-3.3 MW turbines for the 165 MW Nobelwind project off the Belgian coast, including a a 15-year full-scope service agreement. This is the third project between the two companies,
Marine Power Systems (MPS), which plans to test its WaveSub device in the Haven Waterway Enterprise Zone, has received GBP 2 million of EU funds, Welsh Finance and Government Business Minister, Jane Hutt, announced last week. The GBP 3 million project, which includes a GBP 900,000 investment from MP
The UK and China signed the Clean Energy Partnership agreement on Friday, vowing to work together to transition to the low carbon economy. This follows a number of other collaboration agreements announced at last week’s UK-China Fourth Annual Energy Dialogue. Along with the first ever Chinese invest
EDPR has entered in an Investment Cooperation Agreement with China Three Gorges (CTG), by which the Chinese company proposes to invest in and develop the Moray wind offshore project alongside with EDPR and other potential investors. Pursuant to the agreement, CTG intends to acquire up to 30% of the
Belgian Nobelwind offshore wind project has reached financial close, securing approximately EUR 655 million from investors and financial institutions, the project company Nobelwind SA confirmed to Offshore WIND this morning. The company, comprising Belgian offshore wind developer Parkwind NV, Japane
JDR has expanded its service footprint with PD Ports in Hartlepool to support its continued growth in the oil and gas and renewables sectors, the company reported today. JDR has been a tenant at the Port of Hartlepool since first acquiring 97,000 square foot (sq.ft.) of warehouse space in 2008 and s
Investment, jobs and skills generated by the East of England’s position as a leading centre for developing offshore wind farms are at stake as the industry awaits clarity in policy, an industry leader has warned. The UK is being left behind by the rest of Europe as the industry waits for a sign from
Irish Minister for Communications, Energy and Natural Resources, Alex White T.D. announced Government funding of €3.5 million to three Irish marine energy firms for the development and testing of new ocean energy technologies. The announcement, made at the annual Ocean Energy Europe conference takin
