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Business & Finance

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OPT Receives USD 1.1 Mln
Business & Finance

OPT Receives USD 1.1 Mln

Ocean Power Technologies, Inc. (OPT) has announced that it has received approximately $1.1 million through the State of New Jersey’s Business Tax Certificate Transfer Program. The Program enables companies to raise cash to finance their growth and operations and is administered by the New Jersey Eco

about 11 years ago
CorPower Ocean Awarded EUR 100K
Business & Finance

CorPower Ocean Awarded EUR 100K

As one of four finalists of the MIT Building Global Innovators Award, the KIC InnoEnergy start-up CorPower Ocean was awarded € 100,000 in the category “Ocean Economy”. The jury considered CorPower´s Wave Energy Converters as the most competitive business idea among several hundred screened applicati

about 11 years ago
LIPA Ommits Deepwater’s OWF, Picks Only Solar Projects
Business & Finance

LIPA Ommits Deepwater’s OWF, Picks Only Solar Projects

The Board of Trustees of the Long Island Power Authority (LIPA) have decided to award power purchase agreements (PPAs) to eleven solar energy projects yesterday. One of the renewable energy projects expected to be selected by LIPA was the Deepwater Wind’s offshore wind farm. Last year, LIPA called f

about 11 years ago
Energinet.dk Gets Approval to Build Kriegers Flak Grid Connection System
Business & Finance

Energinet.dk Gets Approval to Build Kriegers Flak Grid Connection System

On December 16, the Danish Minister for Climate, Energy and Building issued an investment approval for units to be erected by Energinet.dk in order to connect the forthcoming offshore wind turbines at Kriegers Flak in the Baltic Sea to the onshore electricity grid. The approval allows Energinet.dk t

about 11 years ago
LEEDCo to Design Offshore Wind Foundations Optimized for Fabrication in U.S.
Business & Finance

LEEDCo to Design Offshore Wind Foundations Optimized for Fabrication in U.S.

The Lake Erie Energy Development Corporation (LEEDCo) announced today that it is leading an international engineering team to design an offshore wind turbine foundation optimized for fabrication in the United States. The design will catalyze domestic manufacturing growth by removing barriers to entr

about 11 years ago
Alstom Assists with Singapore’s Renewable Energy Integration
Business & Finance

Alstom Assists with Singapore’s Renewable Energy Integration

Alstom and Singapore’s Nanyang Technological University (NTU) have announced a collaboration to design, develop and deploy MicroGrid Power Mix Management (MPMM) solution in the context of the Renewable Energy Integration Demonstrator – Singapore (REIDS) initiative. This collaboration will begin from

about 11 years ago
WIND SERVER to Get Busy from January
Business & Finance

WIND SERVER to Get Busy from January

Today, DBB Jack-Up Services A/S officially took delivery of its new offshore service vessel from Nordic Yards in Germany. During the handover ceremony, the ship was named WIND SERVER. Thorsten Jalk, CEO of DBB Jack-Up Services A/S said: “The new jack-up vessel will be in operation from as early as J

about 11 years ago
Fabrication of Sandbank OWF’s Foundations Starts
Business & Finance

Fabrication of Sandbank OWF’s Foundations Starts

Vattenfall and Stadtwerke München (SWM) have announced the start of manufacturing of the components for the Sandbank offshore wind farm. The fabrication of 72 steel monopile foundations for wind turbines has started at EEW Special Pipe Constructions GmbH in Rostock. Depending on their location withi

about 11 years ago
UK’s Offshore Wind Generates 14% More Energy in Q3 2014
Business & Finance

UK’s Offshore Wind Generates 14% More Energy in Q3 2014

According to the UK’s Energy Trends and Quarterly Energy Prices published by the Department of Energy and Climate Change (DECC) today, December 18, offshore wind energy generation rose by 14.1 per cent compared to the same period last year. Renewables’ share of electricity generation increased from

about 11 years ago
GRS Needs More Space for Growth
Business & Finance

GRS Needs More Space for Growth

German Renewables Shipbrokers (GRS) remains on a course for growth, thus the company is moving to considerably larger premises at Stadthausbrücke 7. “Over the past 3.5 years, we have seen a positive development that makes us very proud,” says Philippe Schönefeld, managing partner of GRS. “Our unders

about 11 years ago
Alicat to Build Another CTV for Dalby Offshore
Business & Finance

Alicat to Build Another CTV for Dalby Offshore

Dalby Offshore and Alicat Workboats have signed a contract for the construction of an Alicat 23m Crew Transfer Vessel (CTV). The Dalby Don, which is set to be delivered in July 2015 is a sister vessel to the Dalby Swale delivered during 2014 that has worked on the Greater Gabbard and London Array Of

about 11 years ago
GeoSea Orders New Jack-Up Vessel
Business & Finance

GeoSea Orders New Jack-Up Vessel

According to the news received by Offshore WIND, GeoSea will get a new multi-purpose self-propelled jack-up vessel by the end of 2017. The vessel, to be named Apollo, will be built in line with GustoMSC’s NG-5500X design at the Uljanik Shipyard in Croatia. The Apollo will be especially suitable for

about 11 years ago
Third Windea Catamaran Launched
Business & Finance

Third Windea Catamaran Launched

On December 15, 2014, a launching ceremony was held at the terminal in Emden’s outer harbour for a further Windea catamaran that is entering service under the German flag. The ship’s godmother Miranda van Laar-Prikkel, wife of co-partner Paul van Laar from IJmuiden in the Netherlands, gave the “Twin

about 11 years ago
Balfour Beatty Buys Thanet OWF’s Transmission Assets
Business & Finance

Balfour Beatty Buys Thanet OWF’s Transmission Assets

Vattenfall, the Swedish energy company, has agreed a £164mn deal to transfer ownership of a Kent wind farm’s electricity export cables and substations. The agreement, with international infrastructure group Balfour Beatty, was finalised today following a tender process, managed by energy regulator O

about 11 years ago
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