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Business & Finance

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Marubeni, GIB Sign GBP 370 Mln Project Financing Deal for Westermost Rough
Business & Finance

Marubeni, GIB Sign GBP 370 Mln Project Financing Deal for Westermost Rough

Marubeni Corporation today announced that an agreement concerning project financing for the Westernmost Rough Offshore Wind Power Project has been reached with a consortium of lenders and WMR JV Investco Limited, a UK company jointly owned by Marubeni and wholly state-owned UK Green Investment Bank

about 12 years ago
UK Manufacturer Enters OW Industry, Triples Its Turnover in One Year
Business & Finance

UK Manufacturer Enters OW Industry, Triples Its Turnover in One Year

The growth in the UK offshore wind market is helping a South Shields manufacturer, Complete Fabrication Services (CFS), triple its turnover in just twelve months. Complete Fabrication Services (CFS), which has been supported by the GROW:OffshoreWind service delivered in partnership with the Manufact

about 12 years ago
Vattenfall Orders Turbines and Servicing from Siemens
Business & Finance

Vattenfall Orders Turbines and Servicing from Siemens

Vattenfall has awarded Siemens Energy an order for 72 Model SWT-4.0-130 wind turbines for its new Sandbank offshore wind farm. The project is being erected 90 kilometers west of the island of Sylt in water depths between 25 and 37 meters within the exclusive economic zone off the German North Sea co

about 12 years ago
Canada Funds Innovative PEV Smart Grid Project
Business & Finance

Canada Funds Innovative PEV Smart Grid Project

The Honourable John Duncan, Minister of State and Member of Parliament for Vancouver Island North, on behalf of the Honourable Greg Rickford, Canada’s Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario, has announced a new, additional inve

about 12 years ago
Acciona Windpower to Pilot New 3 MW Gearbox from Moventas
Business & Finance

Acciona Windpower to Pilot New 3 MW Gearbox from Moventas

Acciona Windpower has agreed with Moventas on prototype as well as serial deliveries of a 3 MW wind gearbox product based on Moventas’s new Exceed series of high torque density gearboxes. Deliveries of the new technology will take place in 2015, adding to the on-going 3 MW deliveries Moventas has be

about 12 years ago
Vattenfall, Stadtwerke München Decide to Invest in Sandbank OWF
Business & Finance

Vattenfall, Stadtwerke München Decide to Invest in Sandbank OWF

Vattenfall and Stadtwerke München (SWM) have reached an investment agreement in the construction of the Sandbank offshore wind farm. The investment costs for Sandbank are around 1.2 billion euros. Vattenfall holds a 51% stake in Sandbank Offshore GmbH, which has been set up to implement the project,

about 12 years ago
Offshore Wind Brings GBP 8 Mln to Precision Sheet Metal Company
Business & Finance

Offshore Wind Brings GBP 8 Mln to Precision Sheet Metal Company

A precision sheet metal specialist is exploiting the growth in offshore wind after it secured £8m of new contracts for two of the world’s largest manufacturing names. Mec Com, which employs 120 people at its Hixon base, has beat off international competition to deliver assembly and testing for Sieme

about 12 years ago
New York’s 1st Offshore Wind Project Could Be Delayed
Business & Finance

New York’s 1st Offshore Wind Project Could Be Delayed

Indications that Public Service Enterprise Group Long Island (PSEG-LI) and the Long Island Power Authority (LIPA) Board of Trustees could delay a much anticipated clean energy purchasing commitment is drawing criticism from groups who say the purchase is already long overdue. The LIPA Board, in coor

about 12 years ago
Carnegie Wave Energy Receives AUD 50,000 for First CETO 6 Milestone
Business & Finance

Carnegie Wave Energy Receives AUD 50,000 for First CETO 6 Milestone

Wave energy developer Carnegie Wave Energy Limited (CWE) has received its first payment from the Australian Renewable Energy Agency (ARENA) for completion of the first milestone of the CETO 6 Project. Carnegie has received $50,000 for the first milestone of the CETO 6 Project, the completion of a Kn

about 12 years ago
EnBW Prolongs Tender Deadline for Hohe See OWF Offshore Infrastructure
Business & Finance

EnBW Prolongs Tender Deadline for Hohe See OWF Offshore Infrastructure

EnBW has extended the time for prequalification process for the design of wind turbine with foundations and an offshore substation for the EnBW Hohe See wind farm located in the German part of the North Sea. Instead of August 20, the deadline for submission of proposals is now September 15. The wind

about 12 years ago
Australian University to Develop Modelling on Wave Energy Farms’ Performance
Business & Finance

Australian University to Develop Modelling on Wave Energy Farms’ Performance

Australian Renewable Energy Agency (ARENA) has announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting t

about 12 years ago
Blackbird Sets Date for Acquisition of SDE
Business & Finance

Blackbird Sets Date for Acquisition of SDE

Blackbird International Corporation announced that it has finalized the procedures for the acquisition of SDE Ltd. It had previously released news that it had exchanged a Letter of Intent with SDE Ltd for purposes of a merger. Blackbird shall acquire 100% of the shares of the target company in excha

about 12 years ago
Energy Minister Announces £4 Mln Grant for Port of Cromarty Firth
Business & Finance

Energy Minister Announces £4 Mln Grant for Port of Cromarty Firth

Energy Minister Fergus Ewing has today announced a £4 million grant from Highlands and Islands Enterprise (HIE) for the development of a new deepwater quayside at the Port of Cromarty Firth – bringing the total redevelopment project to £25 million. The 35 acre Invergordon Service Base, operated by t

about 12 years ago
VSMC Halves Butendiek OWF Cabling Work
Business & Finance

VSMC Halves Butendiek OWF Cabling Work

The cabling work at the Butendiek offshore wind farm is half done, VSMC informed via social media. The company said that 6 strings and 42 cables with a total length of 40km have been installed at the offshore wind farm site in the German Bight some 34 km west of the island Sylt. A total […]

about 12 years ago
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