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11 Irish Companies Establish Wave Energy Developers Association
Business & Finance

11 Irish Companies Establish Wave Energy Developers Association

The inaugural meeting of the Irish Wave Energy Developers Association (IWEDA) took place on 18 April,2014 at NUI Maynooth. The organisation is made up of 11 Irish companies who are all developing different Ocean Energy Technologies. The association’s aims are: To promote the establishment a viable O

about 12 years ago
K2 Management to Develop Global Offshore Wind Installation Database
Business & Finance

K2 Management to Develop Global Offshore Wind Installation Database

The U.S. Energy Department’s National Renewable Energy Laboratory (NREL) has engaged K2 Management to build a global installation database for offshore wind. The objective is to provide NREL and thereby the US wind industry with easy accessible data on installation times, correlation effects, implic

about 12 years ago
Technip Records Strong Order Intake
Business & Finance

Technip Records Strong Order Intake

On April 22, 2014, Technip’s Board of Directors approved the first quarter 2014 consolidated financial statements. These include the first time application of IFRS 10, 11 & 12. Financial statements throughout prior period have also been restated to conform to these new standards, as have the Group’s

about 12 years ago
Aqualis Signs Deal to Acquire Tristein
Business & Finance

Aqualis Signs Deal to Acquire Tristein

Following the memorandum of understanding to acquire Tristein AS, signed in February, and a financial, legal and operational due diligence, Aqualis ASA (Aqualis) and Tristein AS (Tristein) signed the definite share purchase agreement between Aqualis and the eight selling shareholders of Tristein yes

about 12 years ago
GE Signs Support Services Agreement with EDF
Business & Finance

GE Signs Support Services Agreement with EDF

GE’s Power Conversion business has signed a framework agreement with EDF EN to provide support services for the converters used in EDF EN’s wind parks throughout Europe. The service contract will enable the staff of EDF EN Services, EDF Energies Nouvelles’ subsidiary dedicated to the operation and m

about 12 years ago
MacArtney Expands Its Offshore Services in Asian Markets
Business & Finance

MacArtney Expands Its Offshore Services in Asian Markets

MacArtney Group is significantly growing its presence and activities in all Asian markets for underwater technology, driven by a major strategic expansion of its operations in Singapore. Over the next few months, MacArtney Singapore is securing several new staff members, implementing a major expansi

about 12 years ago
SSE: Secured Contract Provides Clarity, Enables Further Investment
Business & Finance

SSE: Secured Contract Provides Clarity, Enables Further Investment

SSE welcomed the UK government’s announcement today that the Beatrice offshore wind farm project has been successful in securing an Investment Contract. The security the contract provides means SSE and its partner Repsol can continue to invest in the the engineering and procurement work required to

about 12 years ago
New Wave & Tidal Market Report to Be Released
Business & Finance

New Wave & Tidal Market Report to Be Released

Transparency Market Research has introduced an upcoming report on wave and tidal market in its offering. The research report called ‘Wave & Tidal Energy Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast, 2013 – 2019′ analyzes this market depending on its market se

about 12 years ago
SgurrEnergy Requires Wind Energy Intern for Its Hamburg Office
Business & Finance

SgurrEnergy Requires Wind Energy Intern for Its Hamburg Office

SgurrEnergy is seeking to recruit a suitable candidate to join its wind energy team based in Hamburg, Germany as a temporary intern. The company is offering an internship in the onshore and offshore wind energy industry for 3-6 months, with the opportunity for a permanent job, subject to performance

about 12 years ago
SEAI Awards EUR 1.3 Mln for Westwave Project
Business & Finance

SEAI Awards EUR 1.3 Mln for Westwave Project

The Sustainable Energy Authority of Ireland has announced funding of €1.3m for environmental and feasibility studies at ESB’s Westwave project which aims to deploy five wave energy devices off the coast of County Clare by 2018. SEAI has been working closely with ESB for the past three years on the E

about 12 years ago
Energi Coast: Government’s Support Major Step in the Right Direction
Business & Finance

Energi Coast: Government’s Support Major Step in the Right Direction

Energi Coast, North East England’s Renewables Supply Chain Group, has declared the Government’s financial support for five new UK offshore wind projects a major step forward for the industry. The group, which represents the region’s experienced offshore renewables supply chain, also believes that th

about 12 years ago
Scottish Renewables Welcomes DECC’s Announcement
Business & Finance

Scottish Renewables Welcomes DECC’s Announcement

Scottish Renewables responded to the Department of Energy and Climate Change (DECC) announcement that the Beatrice Offshore Windfarm, in the Outer Moray Firth, has been awarded an investment contract. Lindsay Leask, Senior Policy Manager at Scottish Renewables, said: “It is greatly encouraging to se

about 12 years ago
Reef Subsea Re-Organizes into Three Independent Businesses
Business & Finance

Reef Subsea Re-Organizes into Three Independent Businesses

Reef Subsea has announced a re-organization to create three independent companies: Reef Subsea, X-Subsea and Technocean Subsea, all with separate management and independent strategies. The existing senior management will continue to lead the three new entities, delivering consistent expertise in the

about 12 years ago
Three Dong Energy’s Offshore Wind Farms Backed by UK Government
Business & Finance

Three Dong Energy’s Offshore Wind Farms Backed by UK Government

Dong Energy today welcomed the news that three of the company’s offshore wind farm development projects will be supported by Government-awarded financial investment decision (FID) enabling contracts. Henrik Poulsen, Chief Executive Officer of Dong Energy, said: “These awards represent the successful

about 12 years ago
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