PNE WIND AG has issued its financial results for the first nine months of 2013, and stated that this period of the financial year was characterised by the setting of a decisive operational course. During this period, the PNE WIND successfully concluded the biggest capital transaction in the company’
Elia Asset NV is looking for a supplier of a high-voltage offshore substation for its Belgian Offshore Grid (BOG) project. The work includes the design, engineering, supply, construction, installation and commissioning of the offshore substation. Also, the contract may incorporate the operation, mai
The Institute for Energy Research (IER), based in Washington, D.C., recently published an article on offshore wind energy’s financial viability in New Jersey, appraised through Fishermen’s Atlantic City Windfarm (FACW) project, which had been rejected by the New Jersey Board of Public Utilities (BPU
ABS has announced that it has appointed Dr. Richard Korpus as Chief Scientist, Computational Fluid Dynamics (CFD). Mr. Korpus will support the Chief Technology Officer (CTO) and the organization through his focus on developing and applying CFD technology. “We see technology as the road forward,” say
Statkraft published its Q3 results today, which show that in the third quarter of 2013 the company achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 1867 million, an improvement of NOK 614 million compared with the corresponding quarter in 2012. Unrealised currency effects
Siemens’ wind power business has generated €179 million in profit, show the company’s fiscal 2013 results for the fourth quarter. Comparing to the same period last year profit rose 34%, mostly by increased installation of offshore wind farms in Europe, while the revenue rose 10% year-over-year due p
The European Marine Energy Centre (EMEC) will support the development of a marine energy test site in Singapore. The EMEC, based in Orkney, Scotland and the Energy Research Institute at Nanyang Technological University (ERI@N), Singapore, signed a Memorandum of Understanding on November 1. Under the
Fundy Tidal Inc. announced yesterday that it is set to attract local investment for community projects, as it has successfully completed its Community Economic Development Investment Fund (CEDIF) Offering. “In so doing the company is confirmed as an eligible proponent under the Province of Nova Scot
The Crown Estate, Marine Scotland and Department of Energy and Climate Change (DECC) have commissioned the Carbon Trust’s Offshore Wind Accelerator (OWA) to form the Offshore Renewables Joint Industry Programme (ORJIP). The programme has been created to reduce the consenting risks for large-scale of
As Japan’s shift to renewable energy gears up after the Fukushima disaster, the country is progressively pushing for offshore wind power, having in mind that its onshore wind capacities are rather limited. The Ministry of Economy, Trade and Industry (METI) announced on Friday that it will establish
AREVA and South Korea’s largest utility, KEPCO, have signed a Memorandum of Understanding (MOU) in the renewable energy sector. AREVA will identify with KEPCO the commercial opportunities in its fields of expertise in renewable energy: offshore wind, energy storage, concentrated solar power, and bio
Falck Safety Services has invested more than GBP 100,000 in cutting edge crisis management facilities near its existing training centre at Aberdeen airport. The facilities, based in Forties Road at Aberdeen Airport provide state-of-the-art training rooms for Major Emergency Management Initial Respon
Green Marine Solution (GMS), a provider of professional marine services and specialist support to the offshore wind industry, has received GBP 450,000 from Northstar Ventures’ Finance for Business North East Accelerator Fund. “The funding received from Northstar is going to be used primarily to comp
Carnegie Wave Energy Limited (CWE) today announced the award of the manufacturing and construction contract for its wave powered Desalination Pilot Plant to Perth-based MAK Industrial Water Solutions. MAK Industrial Water Solutions is an experienced provider of reverse osmosis desalination solutions
