Marine Power Systems (MPS), a Swansea-based company that is developing technology designed to capture the energy from ocean waves, has expanded its intellectual property (IP) to ensure its cutting edge innovations are protected around the world. The IP applies to Sea State Tuning, a revolutionary sy
Malaysia started to actively eye offshore renewable power, according to the country’s media reports saying that Green Power Solutions, based in Malaysian state of Sabah, recently signed a Memorandum of Understanding (MoU) with Current2Current International. The two partners plan to develop a 10MW ti
Pronomar has received a new order from the Dutch established company Heerema Marine Contractors. Heerema placed an order for Pronomar’s drying systems for its deepwater construction vessel, the ‘Thialf’. The ‘Thialf’ is equipped with the following two applications: • Multipurpose drying systems for
K2 Management has announced that it is currently performing technical due diligence on four continents, as investors and developers want to be absolutely sure that their money is well spent before investing. Central Europe For a US-based developer, K2 Management is investigating three Central Europe
Shanghai Zhenhua Heavy Industries (ZPMC) has signed a contract with CCCC Third Harbor Engineering for the construction of China’s most advanced wind farm installation vessel. The vessel with a 1000-ton capacity will be equipped with the latest jack up system developed by ZPMC. It will feature a hydr
Minesto has signed a Letter of Intent with Green Elements, a Chilean company that will develop a commercial plan for Minesto in the South Pacific region of South America. The purpose for 2014 and 2015 is to identify possible sites for electricity production and develop commercially viable projects t
Mojo Maritime is celebrating the successful completion of 10 years in business, most of which has been focussed on the developing offshore renewable energy industry. The current Managing Director, Richard Parkinson, founded Mojo in Falmouth in late 2004 when he acquired the local vessel Portree 2. H
Research and Markets has announced the addition of the “Wind Power in Denmark, Market Outlook to 2025, Update 2014 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” report to their offering. The report provides in depth analysis on global r
Iberdrola 9-month net earnings came to €1,831.4 million, down 19.5%, but Ebitda was up 1.4% at €5,211 million, reflecting solid operating performance during the quarter after a flat trend in the first six months. The results reflect solid operating performance in the businesses. The negative impact
On October 15, the New Jersey Department of the Treasury issued a Request for Proposal (RFP) on behalf of the Board of Public Utilities (BPU), calling for consultancy companies to apply for the provision of offshore wind economic analysis and assistance with evaluation of proposals. The document sta
Research and Markets has added the “Wind Power in Netherlands, Market Outlook to 2025, Update 2014 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” report to their offering. The report provides in depth analysis on global renewable power m
ABB’s focus on profitable organic growth and the related strategic initiatives resulted in a strong order increase across all regions in the third quarter. Total orders rose to $11.2 billion, boosted by large orders (above $15 million) including a power transmission link in Europe, a mining automati
Research and Markets has announced the addition of the “Wind Power in Japan, Market Outlook to 2025, Update 2014 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” report to their offering. The report provides in depth analysis on global ren
Research and Markets has added the “Global HVDC Converter Station Market 2014-2018” report to their offering. According to the report, the global HVDC Converter Station market will grow at a CAGR of 22.2% over the period 2013-2018. A high-voltage, direct current (HVDC) converter station is a special
