Carnegie Wave Energy Limited completed the final pipeline milestone and a progress milestone for the CETO unit component of the Perth Wave Energy Project with the approval of $1,072,880 from the Western Australian State Government and $2,095,024 in payment claims submitted to the Australian Governme
The European Investment Bank (EIB) has announced the launch of a programme, through which it will provide EUR 750 million for the implementation of renewable energy projects to take place between 2014 and 2016 on the entire French territory. Selected sites will develop wind, solar, hydro and geother
Marubeni Corp. now owns 55% of Seajacks International Ltd. In 2012, Innovation Network Corporation of Japan (INCJ) and Marubeni acquired Seajacks with 50:50 ownership stakes. Marubeni has now bought 5% from INCJ and became the major shareholder of the company that owns and manages jack-up vessels fo
Six months after the beginning of the construction of the innovative Maritime Training Centre (MTC) in German Enge-Sande municipality, offshore training and development cluster OffTEC held a topping out ceremony on 4 April 2014, after successful completion of the first phase of construction. Around
Leading international energy services company, Global Energy Group, is launching a new offshore diving division to expand its existing inshore diving operations. Representing a multi-million pound investment by the highly successful Scottish-based group, Global Diving will deliver services for the o
Following the recent announcement by Ocean Power Technologies, Inc. (OPT) to offer shares of its common stock, the company has announced the pricing of an underwritten public offering of 3,800,000 shares of its common stock at a price of $3.10 per share. The offering is expected to close on April 9,
During today’s visit to the island of Rügen, Christian Pegel, Mecklenburg-Vorpommern’s Minister for Energy, Infrastructure and Regional Development, went to Juliusruh, where he discussed the current political developments in the offshore wind energy with industry representatives. The economy talks a
Two international wind farm developers have committed themselves to massive developments off the Norfolk coast in a major confidence boost to the East of England wind power sector. Delegates at an offshore wind seminar in Lowestoft, held on April 3, were told that both had the potential to offer big
The Mayor of Hedon, Councillor John Dennis, has warned that the manufacturing facilities in Hull, planned by Siemens, could have a negative impact on the countryside. Mr. Dennis has pointed out that he is not against the project itself, but that its impact in terms of emissions, noise and industrial
COSCO shipyard has delivered the wind turbine installation vessel SEA CHALLENGER to A2SEA. SEA CHALLENGER’s first assignment is scheduled for the summer, when it will start working on the Westermost Rough offshore wind farm. A2SEA’s new vessel is almost identical to SEA INSTALLER. The new wind turbi
SB Energy Corp., a subsidiary of Japanese SoftBank Corp. focused on renewable energy development, intends to invest in an offshore wind farm to be built off the Ibaraki prefecture, Japan. The wind farm is being developed by Japanese wind energy company Wind Power Energy Co., which proposes an initia
Associated British Ports (ABP) has commented on the UK Parliament’s decision to review plans for Able Marine Energy Park (AMEP). “ABP are pleased with today’s decision that it is right for Parliament to review Able UK’s plans for AMEP. “We also welcome the view expressed by the committee chairman at
The UK Parliament will review plans for the proposed Able Marine Energy Park (AMEP) in Humberside. On March 7, Able Humber Ports Limited, deposited two memorials against the two petitions received from Associated British Ports. The Chairman of Committees in the House of Lords and the Chairman of Way
Ocean Power Technologies, Inc. (OPT) intends to offer shares of its common stock in an underwritten public offering which will be subject to market and other conditions. Roth Capital Partners is acting as the sole manager for the offering. OPT will use raised funds for capital expenditures, and gene
