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Business & Finance

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R&DAuthoritiesTechnologyWind Farm Update
Rhenus Offshore Launches Fixed-Price Cargo Service to OWFs
Business & Finance

Rhenus Offshore Launches Fixed-Price Cargo Service to OWFs

Rhenus Offshore Logistics started adopting a sustainable approach this month with fixed prices for cargo runs to wind parks out at sea. Customers can now arrange supply and disposal services for their platforms and ships from Emden and Cuxhaven – at any time of day or night. “We handled at least a d

about 11 years ago
KIC InnoEnergy: 65 Innovation Projects Get EUR 80 Mln
Business & Finance

KIC InnoEnergy: 65 Innovation Projects Get EUR 80 Mln

KIC InnoEnergy has announced the 2014 results of its sustainable energy innovation project support programme, which recorded 28 newly enrolled high potential project consortia in just one year, adding up to 65 new projects since 2013, for which KIC InnoEnergy mobilized 80 million euros of investment

about 11 years ago
Western Isles Labour Candidate: WES Should Be Based in Lewis
Business & Finance

Western Isles Labour Candidate: WES Should Be Based in Lewis

Western Isles Labour candidate Alasdair Morrison has called for Wave Energy Scotland (WES) to be located in Lewis so that it does not become “another distant quango living off peripheral resources”. Mr Morrison said: “It is now clear to everyone that, in order to give credibility to its otherwise in

about 11 years ago
Energy Industry Employs Experts from Army, Royal Navy and RAF
Business & Finance

Energy Industry Employs Experts from Army, Royal Navy and RAF

Employers that recognise the skills, work ethic and training ex-military personnel bring to their workforces will sign special covenants to support more this week at the region’s energy industry flagship event. Companies working in the oil, gas and renewables industries across the East of England ar

about 11 years ago
Rotech Re-Enters Subsea Market
Business & Finance

Rotech Re-Enters Subsea Market

Following an acquisition of its subsea business by Reef Subsea UK in 2011, Rotech Group is now re-entering the market with its Rotech Subsea company. Having previously built up and operated the Rotech Subsea mass flow excavation business from 1999, Rotech Subsea‘s equipment was subsequently sold to

about 11 years ago
Scottish Wave Energy Firm Gets GBP 400K Boost
Business & Finance

Scottish Wave Energy Firm Gets GBP 400K Boost

Albatern, a wave energy company based in Scotland, has been supported with a GBP 400,000 investment from the Government’s Renewable Energy Investment Fund (REIF), administered by Scottish Enterprise. The funding will enable the company to complete verification of existing units and position it to co

about 11 years ago
OTEC Project Planned in Philippines
Business & Finance

OTEC Project Planned in Philippines

Akuo Energy, the French independent renewable energy power producer, Bell Pirie Power Corp. and PNOC RC have signed a Memorandum of Understanding (MoU) for the development of a next- generation renewable marine energy project. This cooperation agreement was signed during a luncheon organised by the

about 11 years ago
Cape Wind Pulls Out of New Bedford Lease
Business & Finance

Cape Wind Pulls Out of New Bedford Lease

Developers of the Cape Wind project have notified Massachusetts Clean Energy Center (MassCEC) that they are letting go of the lease for a marine terminal in New Bedford. The decision came after Cape Wind was asked by MassCEC to give the center an opportunity to make the best out of the terminal spac

about 11 years ago
Block Island Project Secures Financing, Steel in Water Planned for Summer
Business & Finance

Block Island Project Secures Financing, Steel in Water Planned for Summer

Deepwater Wind, the US wind energy developer, has fully financed its Block Island project, reaching financial close on more than $290 million in project financing. Mandated Lead Arrangers Societe Generale and KeyBank National Association provided the funding for the wind farm. With these major agree

about 11 years ago
Tidal Lagoon Cardiff Takes Step Forward
Business & Finance

Tidal Lagoon Cardiff Takes Step Forward

Tidal Lagoon Power today submitted an Environmental Impact Assessment (EIA) scoping report for a full-scale tidal lagoon between Cardiff and Newport. The project will have an installed capacity, dependent on final design, of between 1,800MW and 2,800MW, giving a reliable annual output of 4 TWh to 6

about 11 years ago
UK Wind Power Subsidies Much Lower than People Think
Business & Finance

UK Wind Power Subsidies Much Lower than People Think

A new survey by OnePoll, commissioned by RenewableUK, reveals that the UK public think that subsidies for wind power are over fourteen times the amount they actually are. OnePoll questioned 2,000 UK adults and found that the average estimate was £259 from a typical £1,300 annual domestic dual-fuel e

about 11 years ago
Saltire Prize Unattainable for Scottish Wave, Tidal Energy Developers
Business & Finance

Saltire Prize Unattainable for Scottish Wave, Tidal Energy Developers

The GBP 10 million Saltire Prize, created by the Scottish Government to accelerate the commercial development of wave and tidal energy technology, could easily be left without an awardee, since all four companies competing for it are currently far away from meeting the challenge, according to The He

about 11 years ago
Strategic Marine Recruits Experts to Boost Its Business
Business & Finance

Strategic Marine Recruits Experts to Boost Its Business

Strategic Marine has appointed two senior executives to further boost its presence in key international maritime markets. Jim Fraser and Rob Boersma have both joined Strategic Marine with considerable experience in the international specialist boat building and maritime technology sectors. Both have

about 11 years ago
Scottish FM Urges for More Ambitious OW Development
Business & Finance

Scottish FM Urges for More Ambitious OW Development

Scottish First Minister Nicola Sturgeon is calling on the UK Government to increase its ambition to develop offshore wind. Ms Sturgeon pointed to the fact that Scottish wind power is now substantially cheaper than nuclear, and said the lesson of the last decade of onshore wind development is that co

about 11 years ago
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