Cohort, the independent technology group, announced the acquisition of J+S Limited, an independent systems and in-service support provider for the defence and offshore energy markets, from its shareholders for a cash consideration of £12 million. J+S meets Cohort’s criteria for bolt-in acquisitions
The UK renewable electricity projects will compete for £300 million in support this autumn – an increase of £95 million from the indicative budget published in July, UK Energy and Climate Change Secretary Ed Davey announced today. The funding for Contracts for Difference, which provide long-term cer
Scottish ocean energy companies will be able to bid for a share of a new €7 million funding pot, Energy Minister Fergus Ewing will say today. At the Ocean Energy Conference in Paris, Mr Ewing will announce Scottish Enterprise will contribute £450,000 towards the first joint call of the Ocean Energy
Seawork International 2015 looks set to be yet another successful event. Held in ABP Docks in Southampton, the event embraces an exhibition, innovations showcase, conference and awards ceremony, both shore-side and on the water. Exhibitors from all corners of the world attend the Seawork Exhibition,
CWind Athenia and CWind Endeavour will provide further logistical support at world’s largest offshore wind farm, the London Array. CWind, a provider of services to the offshore wind industry, has been awarded a second contract extension by Siemens at London Array. CWind Endeavour and CWind Athenia h
Long-standing SMD customer DeepOcean have now received delivery of their 1000hp QTrencher (QT) 1000 and successfully completed a number of projects. The recently upgraded T-3200 heavy duty trenching tractor is set to sit alongside the industry‐leading free flying, jet trenching ROV on DeepOcean’s Ha
Ocean Thermal Energy Corporation (OTE), a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, today gives notice to the holders of the Company’s Class ‘C’ Warrants that it is exercising its right to call the 2,000,000 shares purchasable
Fluor has taken a second legal action in relation with Greater Gabbard offshore wind project, as the engineering company recently filed a lawsuit against Shanghai Zhenhua Heavy Industry (ZPMC), requesting a compensation in an amount of GBP 250 million. Fluor claims that it suffered significant finan
A Memorandum of Understanding (MoU) for setting up a Joint Venture Company ( JVC) towards undertaking the First Demonstration Offshore Wind Power Project in India along the Gujarat coast has been signed in the presence of Shri Piyush Goyal, Union Minister of State (I/C), Power, Coal and New & Renewa
IBERDROLA has launched the pile testing campaign for its Wikinger offshore wind farm project following the completion of the site’s geotechnical investigation on the Baltic Sea. German engineering and services group Bilfinger and its experienced subcontractors are carrying out the tests in order to
Sumitomo Corporation have completed the purchase of shares in two offshore wind farm projects (Belwind and Northwind) off the coast of Belgium from Parkwind NV (Parkwind). Parkwind is jointly controlled by its shareholders Colruyt Group, Korys, the investment holding of the Colruyt family, and the F
The European Commission has approved under the EU Merger Regulation the creation of a joint venture by the Areva group of France and the Gamesa group of Spain. Areva and Gamesa will each contribute their activities in offshore wind turbine production to the joint venture. Both groups produce and mar
AXYS Technologies will be exhibiting at the AWEA Offshore Windpower Conference & Exhibition from October 7-8 at the Atlantic City Convention Center in New Jersey, USA. Terry Tarle, CEO of AXYS and Chad MacIsaac, International Accounts Manager at AXYS will be located at booth 406. The company recentl
Ocean Thermal Energy Corporation, a supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, today announced that Harbinger Research, LLC, has issued a research report on the Company. The report on Ocean Thermal Energy Corporation (OTE), can be found
