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China’s Rapid Renewable Energy Growth Driven by Ambitious Government Policies, Says GlobalData
Business & Finance

China’s Rapid Renewable Energy Growth Driven by Ambitious Government Policies, Says GlobalData

China’s renewable energy capacity increased from 27.8 GW in 2001 to 183 GW in 2013, and alternative sources are expected to account for more than 20% of the country’s total electricity generation by 2020, says research and consulting firm GlobalData. The company’s latest report states that China’s e

about 12 years ago
Dalby Offshore in Centrica’s Team
Business & Finance

Dalby Offshore in Centrica’s Team

Dalby Offshore is yet again working with Centrica as part of the new initiative ‘One Team’ Programme which brings together 16 contract partner companies all working together to create a truly integrated team sharing the same vision moving forward and focusing on world class operations and maintenanc

about 12 years ago
DNV GL Marks Two Anniversaries
Business & Finance

DNV GL Marks Two Anniversaries

Some 650 dignitaries, customers and industry stakeholders joined DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, at a night to remember in Hamburg. Held at the historic Fischauktionshalle Halle, the event celebrated th

about 12 years ago
RenewableUK: DECC’s Statistics Prove the Case for Wind Power
Business & Finance

RenewableUK: DECC’s Statistics Prove the Case for Wind Power

RenewableUK says new statistics published today by the Department of Energy and Climate Change prove the case for wind power. The figures show that 19.4% of all the UK’s electricity mix in the first quarter of this year was generated from renewable energy sources, compared to 12.4% for the same peri

about 12 years ago
TenneT Working to Power Up BorWin 1
Business & Finance

TenneT Working to Power Up BorWin 1

German offshore grid connection BorWin 1 faced several technical faults over the past months, which resulted with unplanned shutdowns of the network connection. To determine the exact cause of the issues, German transmission system operator TenneT said that it is working closely with the contractor

about 12 years ago
DECC Releases Monthly and Quarterly Energy Statistics
Business & Finance

DECC Releases Monthly and Quarterly Energy Statistics

The latest provisional monthly energy statistics produced by the Department of Energy and Climate Change (DECC) were released today (June 26) according to the arrangements approved by the UK Statistics Authority. Provisional quarterly energy statistics for Q1 2014 (January to March), have also been

about 12 years ago
Management Change at Top of TenneT
Business & Finance

Management Change at Top of TenneT

Dr. Urban Keussen (49) has been appointed deputy CEO of TenneT Holding B.V. and chairman of the management board of TenneT TSO GmbH. Keussen will consequently take over from Martin Fuchs (60). On 1st July 2014 after 34 years in the energy industry Fuchs will step down as chairman of the management b

about 12 years ago
The Crown Estate: Landmark Year for Offshore Wind Industry
Business & Finance

The Crown Estate: Landmark Year for Offshore Wind Industry

The Crown Estate, an independent commercial business, created by Act of Parliament, has today announced another record return for the benefit of the public finances and an overall performance which is significantly ahead of the market, as its portfolio value hits an all-time high. Results summary Re

about 12 years ago
FICG Consortium Bags EUR 150 Mln Contract from Van Oord
Business & Finance

FICG Consortium Bags EUR 150 Mln Contract from Van Oord

Avantha Group Company CG, along with the other consortium partners Fabricom and Iemants, has been selected by Van Oord, for the offshore wind project “Gemini” in the Netherlands. As part of the scope CG, will design, deliver and install 2 high voltage (HV) offshore substations and 1 HV onshore subst

about 12 years ago
UK’s Southern Businesses Invited to Invest in Marine Renewable Energy
Business & Finance

UK’s Southern Businesses Invited to Invest in Marine Renewable Energy

Businesses across the UK’s south coast are being called upon to develop innovative technologies which will provide renewable energy for the UK. More than 100 firms have been invited to an event today (Thursday 26 June) to identify new methods and opportunities for harnessing the power of the English

about 12 years ago
Blackbird International Taking Final Steps in Acquisition of Wave Energy Company
Business & Finance

Blackbird International Taking Final Steps in Acquisition of Wave Energy Company

Blackbird International Corporation is in the final stages of 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 exchange for restricted stock.

about 12 years ago
RenewableUK Publishes Manifesto ahead of UK’s 2015 General Election
Business & Finance

RenewableUK Publishes Manifesto ahead of UK’s 2015 General Election

RenewableUK, the trade body for the wind and marine energy industries, has issued its Manifesto ahead of the 2015 General Election in United Kingdom. The document, which lays out its policy asks from the next Government, was launched at the association’s annual Parliamentary Reception in Westminster

about 12 years ago
The Crown Estate: Investment in Scottish Offshore Renewables Rises
Business & Finance

The Crown Estate: Investment in Scottish Offshore Renewables Rises

The 2014 Crown Estate Scotland Report, published today, shows a 13.6% increase on net capital investment to £5 million, with a significant proportion of overall investment over the year supporting Scotland’s emerging low-carbon energy industry. The total capital investment in Scotland over the last

about 12 years ago
Bonheur, Ganger Rolf Considering Bond Issuance
Business & Finance

Bonheur, Ganger Rolf Considering Bond Issuance

Bonheur ASA and Ganger Rolf ASA contemplate the issuance of new unsecured bonds in the Norwegian market. Bonheur ASA will be the issuer and Ganger Rolf ASA will be the guarantor under the contemplated bond issues. Net proceeds from the contemplated bond issues will be used for refinancing of existin

about 12 years ago
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