IDEOL has secured over 10M€ in funding this last December in order to finance its accelerated domestic and international growth. Three new investment funds (HPC CAPITAL, PACA INVESTISSEMENT and CPG) as well as three existing shareholders (the DEMETER 3 AMORCAGE Fund, the Emergence INNOVATION 1 Fund
Chinese cable manufacturer Ningbo Orient Wires and Cables Co Ltd, has won a contract to deliver subsea cable for a 400MW offshore wind project off Putian, China. The contract is worth CNY 122.46 million (approximately EUR 17 million) and involves the production and delivery of a 220kV submarine opti
Twelve French and English partners of the European project Channel Marine Offshore Renewables (MOR) will present the results of their work at the project’s final conference on 29 January in Norwich. Channel MOR is a cluster set up to encourage small and medium-sized enterprises (SMEs) in the Channel
A private equity arm of the Egyptian investment bank EFG Hermes has acquired a 49% stake in EDP Renewables France for EUR 160 million. EDP Renewables France is a subsidiary of EDPR (Energias de Portugal Renovaveis) and has a portfolio of 33 operational wind farms with a combined capacity of 334 MW t
Auxilium Offshore has started the new year in a new office, in the city of Zaltbommel, situated centrally in the Netherlands. Zaltbommel is known for its rich history and well-preserved, picturesque city centre along the Waal River, which is one of Holland’s most important and busiest shipping route
The recent International Conference on Ocean Energy (ICOE) in Halifax, Canada provided members of the EU-funded MERIKA project with the opportunity to form new partnerships with researchers and institutions on the other side of the Atlantic. MERIKA, run by the University of the Highlands and the Isl
Global wind power installed capacity is set to rise from approximately 364.9 Gigawatts (GW) in 2014 to 650.8 GW by 2020, increasing the demand for wind turbine components across the value chain, says research and consulting firm GlobalData. The company’s latest report states that due to future deman
Donald Trump is going to fight European Offshore Wind Deployment Centre (EOWDC) again at the Scottish Court of Session, local media report. Following last year’s rejection by the court, Mr Trump’s team filed an appeal, which is scheduled to be heard tomorrow and on Thursday. The U.S. billionaire cla
ReportsnReports.com has added Global Wind Turbine Value Chain – Production, Market Share, Competitive Landscape and Market Size to 2020 industry research report to the energy and power section of its online business intelligence library. According to the wind power market and wind turbine industry r
Dulas, a provider of bankable wind data, has confirmed plans to acquire ‘a fleet’ of ZephIR 300 and ZephIR DM’s to work as rental lidars to the UK and wider European market. This expansion adds to the company’s existing remote sensing business currently comprised of sodar measurement sensors. “Wheth
The SCORE (Supply Chain Innovation for Offshore Renewable Energy) programme continues to provide grant funding to innovative ideas coming out of the East of England to benefit the offshore renewable energy sector. The latest grant recipients have been announced as offshore and vessel support special
Head of Renewables at property consultancy Bidwells, Gordon Stewart, has warned that growth in renewable energy developments should not be allowed to slip as energy prices are slashed. The comments come amid renewed criticism of renewable technologies as an expensive source of energy. Earlier this w
Aberdeen based Hydro Group Plc, a designer and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications for the Oil & Gas, Renewable Energy, Defence and Aerospace Industry, has boosted its portfolio with state-of-the-art machinery, following a £300,00
At the third meeting of the Scottish Island Renewables Delivery Forum, the UK and Scottish Governments reaffirmed their continued support and joint endeavour towards delivering the huge renewable energy potential of the Scottish islands. The Energy and Climate Change Secretary, Ed Davey, recognised
