Parcom Capital and the management team of Barge Master announced today that agreement has been reached on the participation of Parcom Capital as majority shareholder and investor in Barge Master Holding B.V. Barge Master is active in the field of motion compensation technology for the maritime and o
Kassel-based enercast GmbH, provider power forecasts for wind farms and solar energy plants, has secured the financing of its rapid expansion. Under the leadership of Innogy Venture Capital, the investors made additional capital commitments in the low single-digit million euro range. The reliable an
Tribute Resources Inc. (Tribute) has sold a 50% interest in International Marine Energy Inc. (IME) to Mark and Chad Himmelspach and related entities (collectively referred to as “Himmelspach”). IME is now owned 50% by Tribute and 50% by Himmelspach. IME has acquired the interests of Tribute in Weste
Blade Dynamics has announced the award of Process Technology Innovation Funding under the GROW:OffshoreWind program for a £1m Advanced Blade Tip development project, due for completion in Q2 2015. The performance of offshore wind turbine blades in their challenging operating environment is one of th
The Danish Energy Agency (DEA) published the final contract material for the concession to build and operate the Horns Rev 3 offshore wind farm on Friday, following the final approval from the parties behind the Energy Agreement from 2012. The deadline for bids for the 400MW Horns Rev 3 is February
Interested parties have until 10:30am on Tuesday to submit their offers for Pelamis Wave Power Limited’s business and its assets. Mr Nimmo, head of restructuring at KPMG in Scotland, said: “We have been encouraged by the level of initial interest in Pelamis and we believe there is the will and desir
The carbon pollution from five coal plants could be eliminated in North Carolina if wind power is developed off the North Carolina coast, according to a new analysis by Environment North Carolina Research and Policy Center. The report comes right as Congress considers whether to renew tax credits cr
The carbon pollution from two entire coal plants could be eliminated in Maryland if wind power supplied 30 percent of the nation’s electricity needs, according to a new analysis by Environment Maryland. The analysis comes just as Congress considers whether to renew tax credits critical to wind devel
German Federal Land of Bremen has initiated a tender procedure to find an operator for the Offshore Terminal Bremerhaven (OTB). “This is a further important step towards realisation of our new heavy-lift terminal for the wind energy sector,” says Martin Günthner, Bremen’s Senator for Economic Affair
Continuing its strategy of creating and delivering exceptional wind analysis and development tools, AWS Truepower, LLC, an international leader in renewable energy consulting and information services, has purchased the Windographer software from Mistaya Engineering, Inc. Windographer is the market-l
Chancellor George Osborne has issued the Autumn Statement which sets out the next stage of the government’s long-term economic plan. According to the document the government is working to bring private capital into the Green Investment Bank through a new fund for private investment in operational of
Areva has announced its former president and CEO, Luc Oursel, has died. Oursel resigned last month due to health reasons, but noted he will remain available in order to ensure the best possible transition. In a press statement Areva said: “All of our thoughts are with his wife, his children and his
Wave energy company Aquamarine Power has announced plans to downsize its business. Commenting on the news, Aquamarine Power Chief Executive Officer John Malcolm said: “Following a strategic review the Board of Aquamarine Power has decided to significantly downsize the business. “This will involve re
Avantha Group Company CG has appointed Mr. Jean-Michel Aubertin as Executive Vice-President and President of Power Business Unit. Aubertin will also be a member of CG’s Executive Committee. Jean-Michel joins CG with an extensive experience of the global electrical market, having spearheaded business
