Singaporean tidal energy firm, Atlantis Resources is looking to cash in GBP 20 million on the London stock exchange, writes Green Wise news site. This would raise the total value of the company to GBP 80 million. The company recently appointed John Neill CBE as Non-Executive Chairman, on which occas
HitecVision has announced the acquisition of GC Rieber Shipping ASA (GCR) shares in Reef Subsea. Through this share purchase HitecVision secures 100% of the shares in the company and enables Reef Subsea to move forward with a strategy to develop Reef along two main business areas – dredging and exca
Fred. Olsen Windcarrier International Ltd. has been awarded an extended contract with the German company Global Tech I Offshore Wind GmbH for the work that will be performed using the jack-up vessel Brave Tern. The contract is a direct continuation of the current work on the German North Sea project
Carnegie Wave Energy Limited (CWE) has shortlisted four sites for its CETO 6 project that will follow the Perth Wave Energy Project. The company announced that two possible sites have been identified in Australia and two more internationally: one in France and one in the UK. Carnegie is now in discu
The Scottish offshore wind industry could be threatened by an investment gap after major developers have more than halved their spending in Scotland. Scottish Renewables, which represents more than 330 companies working in the renewable energy sector, obtained figures from offshore wind developers w
Scottish Enterprise’s new £10 million industry engagement building, called inovo, based at the heart of Glasgow’s International Technology and Renewable Energy Zone (ITREZ), has been officially opened today, 27 January 2014, bringing new jobs and investment opportunities to Scotland. Built to suppor
RES Offshore, providers of end-to-end development, engineering, construction and O&M support for wave and tidal projects, has announced the appointment of well known industry figure, Dr Douglas Watson, to the post of Project Development Manager for Wave and Tidal. Ray Hunter, Marine Energies Manager
Ocean Power Technologies, Inc. (OPT) today announced that it recently received approximately $1.75 million through the State of New Jersey’s Business Tax Certificate Transfer Program. The Program enables companies to raise cash to finance their growth and operations and is administered by the New Je
Nigel Webb, formally a Director of DTZ and Midas Commercial Developments, has joined Tidal Lagoon Power as Head of Property. Mark Shorrock, Chief Executive of Tidal Lagoon Power said: “Having been a property consultant and a successful developer, Nigel has a unique combination of consultancy and pra
New Jersey Governor Chris Christie and legislative leaders were warned to delay leasing offshore wind tracts along the Jersey coast, writes the New Jersey Spotlight. Namely, top companies from this industry, including Deepwater Wind and Offshore MW, wrote a letter saying that the state could ” lose
Seajacks could expand its workforce from the current 260 to 450 in the next two years, the company’s CEO Blair Ainslie is cited by the EDP24 news site as saying. Mr. Ainslie has forecasted this based on the growing offshore wind industry and the accompanying need for new people and vessels. He said
Merseyside industrial engineering firm SeaKing Electrical has undergone a major investment in staff training in a bid to drive growth in the marine, offshore and windfarm sectors. The Birkenhead-based company has invested heavily across a number of areas including offshore survival training and work
HAROPA Port du Havre will get EUR 57 million to prepare for the development of offshore wind in the Le Havre area. This agreement was signed on Tuesday, January 21, at the Grand Port Maritime du Havre, and marks a milestone in the offshore wind industry in the area. In the fall of 2011, manufacturer
SSE plc yesterday issued its Interim Management Statement, in which the company announced a revision of its offshore wind projects, and that could result in cutting back its offshore wind investment. This is because the UK Government did not include SSE’s Galloper and Beatrice offshore wind projects
