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Business & Finance

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Atlantis Expects Financial Closure of MeyGen Project
Business & Finance

Atlantis Expects Financial Closure of MeyGen Project

Atlantis, a vertically integrated equipment supplier and project owner in the tidal power industry, noted report regarding the Department of Energy & Climate Change’s likely participation in the MeyGen Project. The MeyGen project, which is 100% owned by Atlantis, is located in the Pentland Firth in

about 12 years ago
Better Cooperation across Industry to Help Reduce Offshore Wind Costs
Business & Finance

Better Cooperation across Industry to Help Reduce Offshore Wind Costs

Thorsten Jalk, Chief Executive Officer of DBB Jack-Up Services A/S, has written an article on reducing costs of offshore wind energy. The article was published by OffshoreWindOM.com, a new online platform for operations and maintenance professionals in the offshore wind industry, powered by DBB Jack

about 12 years ago
Osiris Wins MSIF Business of the Year Award
Business & Finance

Osiris Wins MSIF Business of the Year Award

Seabed mapping specialists Osiris Hydrographic & Geophysical Projects were successful at the ECHO Regional Business Awards winning the MSIF Business of the Year award (51-250 employees). Osiris Projects, owned by the locally headquartered Bibby Line Group, were in attendance at the ceremony, held at

about 12 years ago
TenneT Receives Planning Approval for NordLink Interconnector
Business & Finance

TenneT Receives Planning Approval for NordLink Interconnector

The Office for Energy Planning Approval of the German state of Schleswig-Holstein has issued a planning approval decision for the first section of NordLink interconnector, a planned submarine cable from Norway to Germany. “With this decision, the next important component of the future power system h

about 12 years ago
Siemens Chooses SMC for Baltic 2 Marine Coordination
Business & Finance

Siemens Chooses SMC for Baltic 2 Marine Coordination

Specialist Marine Consultants Ltd (SMC) has begun another contract with Siemens Wind Power to provide marine coordination. The provision of services for the Baltic 2 offshore wind farm started at the beginning of July 2014 and sees SMC providing marine coordination on five offshore wind farm constru

about 12 years ago
Shanghai Taisheng to Build Foundations for Zhuhai Guishan OWF
Business & Finance

Shanghai Taisheng to Build Foundations for Zhuhai Guishan OWF

The first phase of Zhuhai Guishan Offshore Wind Farm has moved forward by selecting Shanghai Taisheng Wind Power Equipment Co. as the provider of steel jacket foundations. The company will build 27 four-legged jacket foundations for offshore wind turbines off Guangdong province, China, which are exp

about 12 years ago
E.ON Reduces Gross Debt by €1 Billion
Business & Finance

E.ON Reduces Gross Debt by €1 Billion

E.ON has reduced its gross debt by €1 billion. This is the result of an offer to bondholders to repurchase three bonds with maturities from 2015 until 2017 that have an aggregate nominal value of about €5 billion. The buyback offer was limited to a nominal value of about €1 billion. The eight-day of

about 12 years ago
South West, Pembrokeshire Team Up for Marine Renewables
Business & Finance

South West, Pembrokeshire Team Up for Marine Renewables

A collaboration agreement outlining a commitment to work together in the marine energy sector has been signed by organisations in the south west of England and Pembrokeshire. The memorandum of understanding, signed on Friday 27th June by the South West Marine Energy Park and Marine Energy Pembrokesh

about 12 years ago
MHI Vestas to Supply Four 8MW Turbines for Danish Wind Energy Project
Business & Finance

MHI Vestas to Supply Four 8MW Turbines for Danish Wind Energy Project

MHI Vestas has received an order for four V164 8MW offshore wind turbines, which will be installed at Velling Mærsk onshore wind project in Denmark. The company said that the onshore project will allow testing of installation methods and operations and maintenance procedures prior to the commencemen

about 12 years ago
Yaskawa Electric Corporation Acquires The Switch
Business & Finance

Yaskawa Electric Corporation Acquires The Switch

Yaskawa Electric Corporation has reached an agreement to enter into a contract with the owner of The Switch Engineering Oy, a Finnish Supplier of Components for Wind Turbines, to acquire all shares of The Switch, except The Switch’s own shares. Yaskawa and The Switch have developed a strong synerget

about 12 years ago
Pontis Engineering: How to Score in Brazil?
Business & Finance

Pontis Engineering: How to Score in Brazil?

Brazil is hot. Right now the whole world is glued to the television because of the World Cup. But also business wise all eyes are on the home of samba. The Dutch government is exploring possibilities of collaboration between The Netherlands and Brazil in the field of on- and offshore wind energy. Br

about 12 years ago
RWE Reaches Two OW Milestones
Business & Finance

RWE Reaches Two OW Milestones

The last few days have been challenging for the installation teams of RWE’s offshore wind farms. The last of the 160 wind turbines has now been installed successfully off the Welsh coast, and cabling and commissioning works continue at pace to ensure the wind farm becomes fully operational this wint

about 12 years ago
Ellis Launches ‘Triton’ HV Cable Guide and Clamp
Business & Finance

Ellis Launches ‘Triton’ HV Cable Guide and Clamp

A UK-based cable cleat manufacturer, Ellis has launched Triton –the world’s first two-in-one cable guide and clamp, which has been designed specifically to assist in the installation and subsequent restraint of high voltage (HV) cables. Named after a Greek God, who was proclaimed a messenger of the

about 12 years ago
Severn Subsea Supplies Oceanus 2 with Telemetry & Control System
Business & Finance

Severn Subsea Supplies Oceanus 2 with Telemetry & Control System

Severn Subsea Technologies, part of the Severn Glocon Group, has developed an integrated telemetry and control system for wave power company Seatricity’s Oceanus 2 wave device, now moored at the Cornish Wave Hub. The SST system will enable researchers to correlate wave movement with power generated,

about 12 years ago
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