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CMS-Geotech Opens Operations Base in Lowestoft
Business & Finance

CMS-Geotech Opens Operations Base in Lowestoft

CMS-Geotech Ltd has launched its new operations base in Lowestoft, Suffolk providing specialist marine geotechnical support to a wide variety of marine sectors in both offshore & coastal waters. CMS-Geotech will specialise in geotechnical equipment hire, geotechnical surveys & seabed sampling, speci

about 12 years ago
DOE to Hold Informational Webinar on Wave Test Funding Opportunities
Business & Finance

DOE to Hold Informational Webinar on Wave Test Funding Opportunities

On Wednesday, May 7, the U.S. Department of Energy’s (DOE) Water Power Program will hold an informational webinar on the Marine and Hydrokinetic (MHK) Demonstrations regarding the recent announcement of funding opportunities at Navy’s Wave Energy Test Site. The Energy Department-supported demonstrat

about 12 years ago
International Business Helps Iberdrola’s Net Earnings
Business & Finance

International Business Helps Iberdrola’s Net Earnings

IBERDROLA net earnings rose 8.4% in the first quarter to 952.6 million, while recurring net profit excluding extraordinaries was 4.6% lower at €848 million. Ebitda was 0.3% lower at €2,126.5 million. First quarter results reflect solid operating performance across the businesses, although affected b

about 12 years ago
Scour Prevention Systems Secures SCORE Funding
Business & Finance

Scour Prevention Systems Secures SCORE Funding

Lowestoft-based company, Scour Prevention Systems, which offers a field proven, patented and innovative solution for the prevention of scour around offshore structures and cables was successful in securing £10,000 funding in the pilot stage of grant programme Supply Chain innovation for Offshore Ren

about 12 years ago
PWE Recruitment Group Secures GBP 10,000 Offshore Renewables Funding
Business & Finance

PWE Recruitment Group Secures GBP 10,000 Offshore Renewables Funding

Having successfully secured £10,000 funding through the recently launched Supply Chain innovation for Offshore Renewable Energy (SCORE) grant, Beccles-based specialist energy recruitment company, PWE Recruitment Group Ltd, has launched an innovative outsourced recruitment project with Great Yarmouth

about 12 years ago
Carnegie’s Q1 Busy and Successful
Business & Finance

Carnegie’s Q1 Busy and Successful

Carnegie Wave Energy Limited (CWE) released its quarterly report today, highlighting successful project and financial activities. During the first quarter, CWE focused primarily on its Perth Wave Energy Project with the completion of the foundation and pipeline installation, delivery of the buoyant

about 12 years ago
GE Offers $16.9 Bln for Alstom Thermal, Renewables, and Grid Businesses
Business & Finance

GE Offers $16.9 Bln for Alstom Thermal, Renewables, and Grid Businesses

GE and Alstom announced today that GE has submitted a binding offer to acquire the Thermal, Renewables (“Power”) and Grid businesses of Alstom (ALO.PA) consisting of $13.5 billion (€9.9 billion) enterprise value and $3.4 billion (€2.5 billion) of net cash, totaling $16.9 billion (€12.35 billion). Th

about 12 years ago
ABB to Bring Its Power Systems Business into Line
Business & Finance

ABB to Bring Its Power Systems Business into Line

ABB has launched a “step change” program in its Power Systems division to thoroughly transform the business that faced a loss in the first quarter of 2014, the company said today as it released Q1 results. ABB’s operational EBITDA in Q1 is 13% down, compared to the same period of last year, mainly d

about 12 years ago
GMS to Provide Marine Coordination Service for Thornton Bank OWF
Business & Finance

GMS to Provide Marine Coordination Service for Thornton Bank OWF

Green Marine Solutions (GMS) has signed a contract to introduce its ground-breaking marine coordination service to C-Power’s 325.2MW Thornton Bank Wind Farm operating 30 miles (48 km) off the Belgian coast. GMS will help C-Power by examining every aspect of offshore operations and maintenance. It wi

about 12 years ago
Vattenfall Reports EUR 0.9 Bln Q1 Profit
Business & Finance

Vattenfall Reports EUR 0.9 Bln Q1 Profit

Vattenfall reports profit after tax of SEK 8.2 billion and an underlying operating profit of SEK 9.1 billion for the first quarter of 2014. The company reported high availability in all production plants – nearly 100% for nuclear power, with a significant increase in wind power generation. Several d

about 12 years ago
Energy Industry Experts to Advise Across East of England
Business & Finance

Energy Industry Experts to Advise Across East of England

Businesses across the East of England keen to cash in on opportunities created by the booming energy industry are being urged to accept a free helping hand from experts. A specialist roadshow is to cruise the counties of Norfolk, Suffolk, Cambridgeshire and Essex over the next three months offering

about 12 years ago
USD 10 Million for Testing of Wave Energy Offshore Hawaii
Business & Finance

USD 10 Million for Testing of Wave Energy Offshore Hawaii

The U.S. Energy Department has announced $10 million to test prototypes designed to generate clean, renewable electricity from ocean waves and help diversify America’s energy portfolio. The Energy Department-supported demonstrations at the U.S. Navy’s wave energy test site off Hawaii’s island of Oah

about 12 years ago
U.S. DOI Requires Contractor for Wind Energy Inspection Procedure Assessment
Business & Finance

U.S. DOI Requires Contractor for Wind Energy Inspection Procedure Assessment

The U.S. Department of the Interior (DOI), through its office of Bureau of Safety and Environmental Enforcement (BSEE), is seeking a contractor who will carry out Wind Energy Inspection Procedure Assessment. The DOI intends to competitively award a Firm-Fixed-Price (FFP) type of contract to one of p

about 12 years ago
James Fisher’s SMV 24 Vessel Completes Charters at Round 3 Sites
Business & Finance

James Fisher’s SMV 24 Vessel Completes Charters at Round 3 Sites

James Fisher Marine Service (JFMS) has successfully completed the Supacat Multi-purpose Vessel (SMV) 24 maiden charter and immediate subsequent charter at UK Round Three wind farm sites. The vessel accomplished its first charter working with offshore wind energy developer Forewind to support the Dog

about 12 years ago
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