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Business & Finance

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ABP, Able UK Work towards Compromise
Business & Finance

ABP, Able UK Work towards Compromise

Over recent weeks, Associated British Ports (ABP) have been working with Able UK to identify ways in which Able’s Able Marine Energy Park (AMEP) and ABP’s Immingham Western Deepwater Jetty (IWDJ) projects can proceed alongside each other without damaging the job creation opportunities presented by b

about 12 years ago
Chinese Competition Authorities Approve Vestas-MHI Joint Venture
Business & Finance

Chinese Competition Authorities Approve Vestas-MHI Joint Venture

Vestas confirmed today that its offshore wind joint venture with Mitsubishi Heavy Industries (MHI) has received final approval from the Chinese competition authorities. Consequently, all relevant approvals from both European and Asian competition authorities have now been received and final closing

about 12 years ago
Delta Lloyd’s Offshore Wind Insurance Activities Reach 6,000MW
Business & Finance

Delta Lloyd’s Offshore Wind Insurance Activities Reach 6,000MW

The insurance activities of Delta Lloyd in Europe in the field of offshore wind energy have grown over the past two years from 1000 megawatt (MW) to 6000 MW. This represents the electricity needs of six million households. Two years ago, the Dutch insurer built a special Wind Energy Team that focuse

about 12 years ago
AREVA’s Julian Brown New Chairman of RenewableUK
Business & Finance

AREVA’s Julian Brown New Chairman of RenewableUK

RenewableUK has announced that at its Board Meeting of 25th February 2014, Julian Brown, AREVA Wind’s Country Director for the UK, and Chairman of Norstec, was elected as Chairman, succeeding previous incumbent Andrew Jamieson. Jamieson served as Chairman since June 2010, and has stepped down from t

about 12 years ago
Ofgem Opens 3rd OFTO Tender Round for Two OWFs
Business & Finance

Ofgem Opens 3rd OFTO Tender Round for Two OWFs

On Wednesday, February 26, Ofgem launched the third Offshore Transmission Owner (OFTO) tender round, for the high voltage transmission links of two offshore wind farms, Westermost Rough and Humber Gateway. They are situated in the North Sea off the coast of Yorkshire. Worth almost £400m, Tender Roun

about 12 years ago
CCCC Third Harbor Engineering Awarded Guishan OWF Work
Business & Finance

CCCC Third Harbor Engineering Awarded Guishan OWF Work

China Communications Construction Company (CCCC) Third Harbor Engineering Co., Ltd. has recently won the bid for Lot 2 of wind turbine installation and foundation construction of Guishan offshore wind farm demonstration project in Zhuhai, with a contract value of some 220 million yuan (35,696,980.00

about 12 years ago
UK Shadow Energy Minister: “Marine Energy Can Transform Our Economy”
Business & Finance

UK Shadow Energy Minister: “Marine Energy Can Transform Our Economy”

The UK Energy and Climate Change Minister and the UK Shadow Energy Minister have told RenewableUK’s wave and tidal energy conference in back-to-back speeches that the Coalition Government and Labour fully support developing the UK’s enormous marine energy resources to generate low-carbon power and b

about 12 years ago
Cape Wind Secures USD 600 Mln Boost from Denmark
Business & Finance

Cape Wind Secures USD 600 Mln Boost from Denmark

Cape Wind has ensured a cash injection worth USD 600 million for its Cape Wind offshore wind project from Danish Export Credit Agency (EKF), Jim Gordon, the company’s president, announced yesterday. Cape Wind informed via social media that Mr. Gordon brought the news while speaking at GreenPower’s U

about 12 years ago
EMEC to Build Subsea Tidal Monitoring Pod
Business & Finance

EMEC to Build Subsea Tidal Monitoring Pod

The Scottish Government has awarded a share of the Marine Renewables Commercialisation Fund (MRCF) to the European Marine Energy Centre (EMEC) to support the further development of an integrated site characterisation and measurement platform for high energy marine environments. The support of the MR

about 12 years ago
Scottish, NI Ministers Commit to Wave and Tidal Development
Business & Finance

Scottish, NI Ministers Commit to Wave and Tidal Development

At the biggest gathering of its kind in the world, RenewableUK’s wave and tidal energy conference, Ministers from Scotland and Northern Ireland have re-affirmed their commitment to developing the UK’s massive marine energy resources to their full potential – and there’s been a major announcement on

about 12 years ago
Sure Wind Receives Second Damen Twin Axe FCS (UK)
Business & Finance

Sure Wind Receives Second Damen Twin Axe FCS (UK)

British company Sure Wind Marine Ltd. has taken delivery of its second Damen Twin Axe Fast Crew Supplier – the Sure Swift – in a little over a month after the first joined the company’s fleet. Established in 2009, Sure Wind is a specialist in the German offshore wind market and now has 10 dedicated

about 12 years ago
BLG Busy with Global Tech I OWF
Business & Finance

BLG Busy with Global Tech I OWF

While some companies in the offshore wind energy sector are experiencing economic problems, BLG Offshore Wind Energy Logistics still has a pretty good order book, said Ferdinand Möhring, the company’s CEO. Coastal vessels are transporting the rotor blades and rotor hubs from the manufacturing facili

about 12 years ago
Skills for Energy Releases Guide for Industry Apprentices
Business & Finance

Skills for Energy Releases Guide for Industry Apprentices

More young people are finding their way into work as apprentices and their path will be made easier by a new guide to be launched by Skills for Energy, part of the East of England Energy Group (EEEGR). It will help point the way for young men and women looking for careers in the booming […]

about 12 years ago
Palero Capital Buys Vattenfall’s German Engineering Business
Business & Finance

Palero Capital Buys Vattenfall’s German Engineering Business

Vattenfall has decided to sell Vattenfall Europe PowerConsult GmbH, (VPC, a leading engineering and laboratory services company with overall 535 employees) to the Private Equity Investor Palero capital GmbH. The parties have agreed not to disclose the transaction value. The transaction is expected t

about 12 years ago
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