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Offshore Wind Drives Northern European Long-Term Wind Power Growth
Business & Finance

Offshore Wind Drives Northern European Long-Term Wind Power Growth

With an expected 2.5% year-over-year growth, the European wind market will stabilize in 2014 from the decline in 2013. Europe’s short term outlook from 2015 to 2016 shows declining wind demand driven by regulatory adjustments. However, MAKE forecasts an average long term growth of 2.1% per year from

about 11 years ago
E.ON Splits Renewable from Conventional Energy Generation Business
Business & Finance

E.ON Splits Renewable from Conventional Energy Generation Business

E.ON will focus on renewables, distribution networks, and customer solutions and combine its conventional generation, global energy trading, and exploration and production businesses in a new, independent company (“New Company”), a majority of which will be spun off to E.ON SE shareholders. This new

about 11 years ago
RenewableUK 2014 Successful for GEV Wind Power
Business & Finance

RenewableUK 2014 Successful for GEV Wind Power

RenewableUK 2014 proved a huge success for GEV Wind Power, which launched its pioneering turbine habitat at the Manchester show. GEV attracted the attention of senior parliamentarians, welcoming the Prime Minister’s Envoy on Climate Change, Greg Barker, and Shadow Energy Minister, Tom Greatrex, to i

about 11 years ago
MeyGen Prepares Decommissioning Programme
Business & Finance

MeyGen Prepares Decommissioning Programme

Under Section 105 to 114 of the UK’s Energy Act 2004, the responsible parties of offshore wind and marine energy installations are required to submit and eventually carry out a decommissioning programme. Accordingly, MeyGen Ltd. has submitted a document that constitutes the MeyGen Tidal Energy Proje

about 11 years ago
Shetland Firm to Manufacture Tidal Turbine Blades for Local Project
Business & Finance

Shetland Firm to Manufacture Tidal Turbine Blades for Local Project

A Shetland company will manufacture blades for a bank of tidal turbines that will power 300 homes, Deputy First Minister John Swinney has announced. Shetland Composites secured the six month contract from Edinburgh-based Nova Innovation who is developing five 100kW tidal turbines known as the Shetla

about 11 years ago
Damen Conquers American Market
Business & Finance

Damen Conquers American Market

Boat manufacturer Metal Shark has reached an agreement with Damen Shipyards to market Damen designs, which the company will construct at its Franklin, Louisiana shipyard. “We are proud to offer globally proven Damen designs as we expand our footprint in new markets,” said Metal Shark president Chris

about 11 years ago
Global Tech I Reorganizes Management
Business & Finance

Global Tech I Reorganizes Management

Global Tech I Offshore Wind GmbH is reorganizing its management team. With the completion of the construction phase, Arjen Schampers finished his activities as Technical Managing Director in early November. Dr. Jan Podbielski, the former General Project Manager for installation and commissioning has

about 11 years ago
UKTI Releases Guide on UK Offshore Wind Investment
Business & Finance

UKTI Releases Guide on UK Offshore Wind Investment

UK Trade & Investment has released a guide which is an introduction to UK offshore wind, aimed at investors who are considering entering the sector and suppliers looking to export from the UK. It provides core information that will help build understanding and evaluate opportunities in this dynamic

about 11 years ago
Bournemouth Council: Navitus Bay’s Impact on Tourism to Cost Nearly GBP 1 Bln
Business & Finance

Bournemouth Council: Navitus Bay’s Impact on Tourism to Cost Nearly GBP 1 Bln

According to Bournemouth Borough Council, Navitus Bay Development Limited (a joint venture between Eneco and EDF) should pay GBP 975 million over 30 years to compensate for an adverse impact of the Navitus Bay on local tourism, should the project be built. Mark Smith, Bournemouth’s Service Director

about 11 years ago
Denmark Plans to Build 550 MW of Nearshore Wind Power
Business & Finance

Denmark Plans to Build 550 MW of Nearshore Wind Power

European Energy A/S, Danish developer and operator of wind and solar power farms, has announced the creation of two joint ventures, one with the Canadian renewable energy producer Boralex Inc. and one with the Dutch bank NIBC. The ventures concern the development and construction of two nearshore wi

about 11 years ago
Lagersmit Goes Back to Its Old Name
Business & Finance

Lagersmit Goes Back to Its Old Name

Starting in December 2014, IHC Sealing Solutions will operate under a new, but in the same time old and trusted, name of Lagersmit. On November 28, the name was unveiled at a party for employees of the ‘new Lagersmit’. The company now uses its old name, Lagersmit, particularly because it has operate

about 11 years ago
Farmer Fights Offshore Wind Project to Keep His Land
Business & Finance

Farmer Fights Offshore Wind Project to Keep His Land

Stephen Kirkwood, an East Yorkshire wheat producer, has filed a complaint against Able Marine Energy Park (AMEP) to the European Commission. The development of AMEP, which will be built to accommodate the deployment of large components for offshore wind farms in the North Sea and beyond, requires a

about 11 years ago
Basque Energy Agency Calls for Wave Energy Bids
Business & Finance

Basque Energy Agency Calls for Wave Energy Bids

Basque Energy Agency (Ente Vasco de la Energía; EVE) is looking to award a grant woth EUR 2.5 Mln for the development of a wave energy project, which will be designed and built to best suit the conditions off the Basque coast. The objective of the agency’s call is pre-commercial public procurement o

about 11 years ago
Van Oord Acquires Ballast Nedam Offshore Activities
Business & Finance

Van Oord Acquires Ballast Nedam Offshore Activities

Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation), heavy lift installation vessel Svanen and the Westermeer

about 11 years ago
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