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Business & Finance

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USA Allocates USD 8 Mln for Marine Renewables
Business & Finance

USA Allocates USD 8 Mln for Marine Renewables

The U.S. Energy Department has announced $8 million in available funding to spur innovation in next-generation marine and hydrokinetic (MHK) control and component technologies. In the United States, waves, tides, and ocean currents represent a largely untapped renewable energy resource that could pr

about 11 years ago
Wind Energy Uncertainty Forces Businesses to Exit, Says Report
Business & Finance

Wind Energy Uncertainty Forces Businesses to Exit, Says Report

FTI Consulting, Inc., the global business advisory firm, released latest renewable energy publication, Global Wind Supply Chain Update 2015. This report is part of a series of data-driven publications evaluating competitive markets, policy, finance, technology and business models across the energy s

about 11 years ago
NT Offshore Expands into Offshore Cable Industry
Business & Finance

NT Offshore Expands into Offshore Cable Industry

NT Offshore, specialised in services to the maritime industry, offshore renewables and the oil & gas industry, has expanded into offshore cable industry. New activity is called NTO Nordic, meaning all operational equipment to perform Route Clearance (RC)/Pre-lay grapnel run (PLGR) has been acquired

about 11 years ago
Ming Yang’s Subsidiary Repays EUR 136 Mln Notes
Business & Finance

Ming Yang’s Subsidiary Repays EUR 136 Mln Notes

China Ming Yang Wind Power’s subsidiary, Guangdong Mingyang Wind Power Industry Group Co., Ltd. (GMWP), has successfully repaid its EUR 136 million (RMB 1.0 billion) notes in full on time. The total payments of the principal amount and interests with respect to the Notes were approximately EUR 171.4

about 11 years ago
VIDEO: How to Prepare for Critical Situations
Business & Finance

VIDEO: How to Prepare for Critical Situations

Head-high waves, harsh wind and teetering wind turbines – the maintenance of offshore wind plants involves many risks. Siemens brings the second part of “No Job for Wimps” series, in which service technician André Carstens takes us on the high seas to show how you prepare for critical situations. En

about 11 years ago
Japanese Visit European Marine Energy Centre
Business & Finance

Japanese Visit European Marine Energy Centre

Orkney’s marine energy industry has been the focus of a fact-finding visit by Japanese politicians and business leaders. The 10-strong party from the Nagasaki Prefecture, on the island of Kyushu, toured the European Marine Energy Centre (EMEC) in Stromness at the weekend to learn more about Orkney’s

about 11 years ago
DeepOcean Reorganises the Company
Business & Finance

DeepOcean Reorganises the Company

DeepOcean Group Holding B.V. (DeepOcean) started a reorganisation of the company today. Effective 1 January 2015 DeepOcean is organised in two main regions, the Greater North Sea (“GNS”) region and the International region. Ottar Mæland will head up the GNS region as Group EVP GNS. Group support fun

about 11 years ago
Marine Renewables Canada Funds Energy Development Acceleration
Business & Finance

Marine Renewables Canada Funds Energy Development Acceleration

Marine Renewables Canada has issued a request for proposals for research projects to be funded by Marine Renewables Canada in conjunction with the Standards Council of Canada’s Mirror Committee (SMC) to the International Electrotechnical Committee’s (IEC) Technical Committee 114 (TC114) – “Marine en

about 11 years ago
Wobben Properties Takes Siemens to Court
Business & Finance

Wobben Properties Takes Siemens to Court

Wobben Properties is taking to court Siemens, companies that have purchased wind turbines from Siemens, companies that install the wind turbines for Siemens and some of Siemens’ customers, for patent infringement. The patented invention on Enercon’s Storm Control technology relates to a method of op

about 11 years ago
GDF SUEZ Appoints New CFO
Business & Finance

GDF SUEZ Appoints New CFO

Judith Hartmann has been appointed Chief Financial Officer of GDF SUEZ, effective 16 March 2015. Judith Hartmann, an Austrian citizen, holds a Ph.D. in Economics from the University of Vienna. She began her career in 1993 at Transport Canada in Ottawa. In 1997, she began working at the Financial dep

about 11 years ago
DOE Backs Energy R&D with USD 125 Mln
Business & Finance

DOE Backs Energy R&D with USD 125 Mln

U.S. Energy Secretary Ernest Moniz has announced at the Woodrow Wilson International Center for Scholars that the Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E) is issuing its third open funding opportunity announcement, OPEN 2015, for up to $125 million. OPEN 2015 will s

about 11 years ago
Energinet.dk Seeks Contractor for UXO Survey
Business & Finance

Energinet.dk Seeks Contractor for UXO Survey

Energinet.dk has invited potential contractors to prequalify for an unexploded ordnance (UXO) survey to be carried out in 2015 at the Horns Rev 3 offshore wind farm site. The Danish transmission system operator (TSO) Energinet.dk is preparing the installation of a 33 km export cable from the planned

about 11 years ago
Boskalis Now Owns More than 20% of Fugro
Business & Finance

Boskalis Now Owns More than 20% of Fugro

Royal Boskalis Westminster N.V. has increased its holding in Fugro N.V. to 20.01%. Boskalis stresses that this is not a step towards making an offer. Boskalis views Fugro as an interesting company with strong market positions in its core activities. The strategy of Boskalis is focused on offshore an

about 11 years ago
Offshore Wind Investment Reached USD 19.4 Bln in 2014
Business & Finance

Offshore Wind Investment Reached USD 19.4 Bln in 2014

World clean energy investment rebounded strongly in 2014, boosted by demand for solar photovoltaics on the back of its greatly improved competitiveness, and by the financing of a record $19.4bn of offshore wind projects. Authoritative annual data, published today by Bloomberg New Energy Finance, sho

about 11 years ago
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