Yesterday, 2 April, the eighth edition of the Navingo Maritime & Offshore Career Event (MOCE) took place at the Beurs-WTC building in Rotterdam. The event, aimed at career within the maritime and offshore industry, welcomed 4449 visitors. The 131 exhibitors spoke highly of the event itself as well a
Cork based DP Energy is set to become Europe’s largest independent developer of tidal stream projects following SSE Renewables’ transfer of an Agreement for Lease (AfL) with The Crown Estate. The transfer will see DP Energy take on the development of the Westray South project in Orkney, Scotland, wi
Gemini announced today that it has signed an off-take balance and services agreement with DELTA, an energy company based in the province of Zeeland, which as a result, will soon be the biggest supplier of Dutch wind energy. DELTA will purchase green electricity from Gemini, the biggest offshore wind
The marine energy sector is to benefit from £6 million in funding to further develop testing of new wave and tidal energy prototypes in the seas around Scotland. Scottish Enterprise is launching the third round of the remaining competitive funding from the initial WATERS fund in collaboration with H
Previous plans for the reform of the German Renewable Energy Act (EEG), involving cuts of wind energy subsidies and reduction of wind energy development, have been altered. After a number of German states complained on the initial plans, German Chancellor Angela Merkel met with the country’s 16 stat
According to the China Securities Journal, China could set preferential power prices for offshore wind projects this year. With this measure, the country would attract more investors to this industry and speed up its further development. After years of struggle, China granted approval for the three
Clean energy investment in the United Kingdom grew by 13 percent to $12.4 billion, in 2013, according to research released today by The Pew Charitable Trusts. The U.K. wind sector, which increased by nearly 50 percent to $5.9 billion on the strength of offshore projects and expanded activity in publ
ABB confirmed yesterday that it has been named in a European Commission ruling on anti-competitive practices in the power cable industry. ABB’s fine was waived because the company received full immunity for voluntarily disclosing these practices to the European Commission. The information provided b
A consortium led by GDF SUEZ, including EDP Renewables, Neoen Marine, and AREVA, has been recommended to the French government as a preferred developer of two French offshore wind farms, according to the country’s media. The Regulatory Commission of Energy (CRE), an independent administrative body i
A wave energy park proposed to be developed off the coast of Reedsport, Oregon, has been cancelled due to financial issues. Ocean Power Technologies (OPT) and the U.S. Department of Energy (DOE) agreed in principle on March 28, 2014 to proceed with a termination by mutual agreement of the company’s
The European Commission has found that 11 producers of underground and submarine high voltage power cables operated a cartel, and has imposed fines totalling €301,639,000. Such cables are typically used to connect generation capacity to the electricity grid or to interconnect power grids in differen
Victorian Wave Partners Pty. Ltd. (“VWP”), received approximately A$5.0 million in initial grant funding from the Australian Renewable Energy Agency (“ARENA”). VWP is a project-specific entity wholly-owned by Ocean Power Technologies (Australasia) Pty. Ltd. (OPTA), which is 88% owned by OPT. The fun
SeaEnergy PLC today announced its unaudited preliminary results for the year ended 31 December 2013. Operational highlights: – Continuing R2S growth and internationalisation; Houston office opened. – R2S vendor earn-out target exceeded and consideration capped at the maximum level of £4.6 million, t
NorSea Group has acquired the Danish base and logistics company Danbor AS. In addition to enhancing the global presence of NorSea Group, Danbor will significantly boost the company’s capability in the wind power market. “International expansion is part of NorSea Group’s expressed strategy. Danbor is
