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Business & Finance

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BMT Nigel Gee Opens Southampton Offices
Business & Finance

BMT Nigel Gee Opens Southampton Offices

BMT Nigel Gee (BMT), a subsidiary of BMT Group, has completed its new offices in Southampton, which will help the company to meet a large increase in design work. Current contracts equate to a total vessel length of nearly 2600m, with projects spreading across 13 countries, over three continents. Wi

about 11 years ago
RS Aqua to Supply Wave Buoys for MERIKA Project
Business & Finance

RS Aqua to Supply Wave Buoys for MERIKA Project

The University of Highlands and Islands has awarded RS Aqua Ltd a contract for the supply and delivery of Wave Measurement Buoys for MERIKA project. Under the agreement, the supplier is required to provide 2 years after sale support and maintenance services for the supplied hardware and software com

about 11 years ago
DBB Jack-Up Dives in Offshore Wind Decommissioning
Business & Finance

DBB Jack-Up Dives in Offshore Wind Decommissioning

DBB is expanding its business into offshore wind decommissioning and installation support services. The company said that with its track record of more than 370 offshore heavy lift operations, its vessel crew and project teams have the required skills and experience within safe and efficient executi

about 11 years ago
Global Installed Wind Power Grew by 42% YoY in 2014
Business & Finance

Global Installed Wind Power Grew by 42% YoY in 2014

According to a new report from BTM Consult, a part of Navigant Research, worldwide wind power installations grew by 42 percent year-over-year in 2014.Growth in China, Germany, and the United States led to a record year for wind installations. The new report covers developments in the wind energy sec

about 11 years ago
Njord Offshore Gets Strategic’s ‘Triple First’
Business & Finance

Njord Offshore Gets Strategic’s ‘Triple First’

Strategic Marine has delivered StratCat, a multi-purpose service vessel to Njord Offshore, a European wind farm service sector operator. The StratCat, capable of transporting up to 24 crew, is first in its class in three particulars. “We are very pleased to have a supplied a ‘triple first’ to our cl

about 11 years ago
Lockheed Martin to Deliver Atlantis’ AR1500 Turbine
Business & Finance

Lockheed Martin to Deliver Atlantis’ AR1500 Turbine

Atlantis, majority owner of the MeyGen tidal stream energy project, has executed a construction contract with global defence contractor Lockheed Martin, for the delivery of Atlantis’ new 1.5 megawatt AR1500 turbine to fulfil the company’s MeyGen project turbine supply obligations. The 18 metre rotor

about 11 years ago
U.S. Supports Vietnam’s Offshore Wind Farm
Business & Finance

U.S. Supports Vietnam’s Offshore Wind Farm

The U.S. Trade and Development Agency has awarded a grant to the Cong Ly Construction-Trade-Tourism Company Ltd. to develop a 300-megawatt (MW) wind power project in Vietnam. The feasibility study grant will assist Cong Ly Ltd., a private sector firm that operates the only offshore wind project in V

about 11 years ago
ILG to Provide Nordsee Ost Foundation Steel
Business & Finance

ILG to Provide Nordsee Ost Foundation Steel

Following AMBAU’s announcement about winning a Nordsee Ost job, the company awarded Ilsenburger Grobblech GmbH (ILG), a subsidiary of Salzgitter AG, a contract for the delivery of around 47,900 tons of plate for monopiles and transition pieces for the “Nordsee One” offshore wind project. ILG will be

about 11 years ago
Major Funding for Orkney Renewables Projects
Business & Finance

Major Funding for Orkney Renewables Projects

An innovative community renewables project in Orkney has received £1.35m from the Scottish Government’s Local Energy Challenge Fund. Orkney Surf ‘n’ Turf will combine electricity from 2 tidal turbines and a wind turbine on Eday, which often produce more power than can be used in the area. The excess

about 11 years ago
Baker Consultants Opens New Welsh Base
Business & Finance

Baker Consultants Opens New Welsh Base

Baker Consultants has launched a new office in Swansea, Wales, following an increased demand in the region and growth in the renewables sector. The company said that this move consolidates its presence in Wales and the South West. The new Swansea office will cover both terrestrial and marine environ

about 11 years ago
Wave Hub: UK Ministers Reaffirm Their Support for Facility
Business & Finance

Wave Hub: UK Ministers Reaffirm Their Support for Facility

Reflecting the UK Government’s commitment to developing low-carbon energy, Ministers have reaffirmed their support for Wave Hub and to ensuring the UK secures maximum benefit from the facility in the future, Wave Hub said. Wave Hub is wholly-owned by the Department for Business, Innovation & Skills

about 11 years ago
Scotland Renewables Ahead of Schedule
Business & Finance

Scotland Renewables Ahead of Schedule

Statistics published yesterday by DECC show Scotland has almost met its 50 per cent renewable electricity target a year ahead of schedule. The provisional Renewable Electricity Generation 2014 National Statistics show 49.6 per cent of gross electricity consumption came from renewable sources in Scot

about 11 years ago
DONG Energy Contracts RXPE for Race Bank OWF Job
Business & Finance

DONG Energy Contracts RXPE for Race Bank OWF Job

RXPE has won another multi-million GBP turnkey contract from DONG Energy for equipment to support compliance with the UK Grid Code. DONG Energy selected RXPE through a competitive tender process. The power electronics specialist will provide two market-leading utility grade STATCOMs for DONG Energy’

about 11 years ago
AKD: Lack of Ship Definition Harms Offshore and Wind Farm Investors
Business & Finance

AKD: Lack of Ship Definition Harms Offshore and Wind Farm Investors

Rotterdam-based law firm AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors. AKD partner Haco van der Houven van Oordt says: “In many jurisdic

about 11 years ago
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