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UK: Wirral Prepares to Seize Offshore Wind Opportunities
Business & Finance

UK: Wirral Prepares to Seize Offshore Wind Opportunities

Wirral Council is about to knock down the old factory of the former Transfood site in Birkenhead, northwest England in order to renew the site and turn it into an offshore wind industry hub. The Council yesterday approved plans to buy the premises, which will cost GBP 350,000, with cash provided fro

about 13 years ago
East of England Ideally Placed to Support Massive Offshore Wind Development
Business & Finance

East of England Ideally Placed to Support Massive Offshore Wind Development

Delegates to the EEEGR2013 conference went home enthused by more evidence of the renewed dash for gas and a fresh blast of windpower to boost the East of England energy industry. Experts from three world-leading wind turbine producers agreed that the East of England was ideally placed to support the

about 13 years ago
MMO Selects Fugro EMU to Improve UK’s Marine Data
Business & Finance

MMO Selects Fugro EMU to Improve UK’s Marine Data

The Marine Management Organisation (MMO) has recently established a high profile framework agreement with Fugro EMU. Under the new agreement Fugro EMU will support marine planning and decision-making through the provision of marine scientific and technical advice and evidence. The framework agreemen

about 13 years ago
Developers Seek Interest in UK-Norway Interconnector Cabling Work
Business & Finance

Developers Seek Interest in UK-Norway Interconnector Cabling Work

National Grid NSN Link Ltd and Statnett SF have issued a call for Expressions of Interest for their subsea electricity interconnector project that will run between Norway and the UK. The scope of the work for a submarine and underground cable system covers, but is not limited to: design, engineering

about 13 years ago
Germany: Windreich Drives MEG I Development Regardless of Insolvency Proceedings
Business & Finance

Germany: Windreich Drives MEG I Development Regardless of Insolvency Proceedings

Windreich GmbH continues driving the development of the offshore wind farm MEG I and targets the financial close within this year. Negotiations on the new management with suppliers, potential investors and the advisory banks were positive. “We are pleased by the constructive feed-back which we got f

about 13 years ago
RWE Subcontracts Semco for Nordsee Ost Substation Project (Germany)
Business & Finance

RWE Subcontracts Semco for Nordsee Ost Substation Project (Germany)

German energy group RWE has chosen Semco Maritime as subcontractor for design and installation of German utility provider RWE’s substation platform at the offshore wind farm Nordsee Ost in the German North Sea region. The project includes offshore commissioning of the electrical and technical system

about 13 years ago
Canada: FORCE Wins Tidal Energy Funding, Increases Research
Business & Finance

Canada: FORCE Wins Tidal Energy Funding, Increases Research

Canada’s efforts to become a world leader in tidal energy research and technology are taking a significant step forward. The Bay of Fundy, home to the world’s highest tides, will also soon be home to the world’s first underwater monitoring platform designed specifically for extreme, high-flow tide c

about 13 years ago
PNE Acquires Three German Offshore Wind Projects from BARD
Business & Finance

PNE Acquires Three German Offshore Wind Projects from BARD

PNE WIND AG has acquired three offshore projects in the North Sea through its subsidiaries “Atlantis” I to III from BARD Engineering GmbH. The projects have been developed so far from the previous owner, and they are currently in the planning approval process at the Federal Maritime and Hydrographic

about 13 years ago
Finland: Moventas to Rebrand Its Industrial Gear Business
Business & Finance

Finland: Moventas to Rebrand Its Industrial Gear Business

Moventas is preparing to rebrand its industrial gear business, and to run the two core businesses more independently of each other than before, in order to better serve its customers in both segments. The company’s legal structure will remain as it is, but its operational structure will be developed

about 13 years ago
Scottish Government Funds Commercialisation of Pelamis Wave Energy Device
Business & Finance

Scottish Government Funds Commercialisation of Pelamis Wave Energy Device

The Scottish Government has awarded a share of the Marine Renewables Commercialisation Fund (MRCF) to Pelamis Wave Power, to support the commercialisation of the Pelamis wave energy device and parallel site development activities. Richard Yemm, CEO of Pelamis Wave Power said: “Today’s announcement i

about 13 years ago
PNE Raises EUR 33.7 Million to Expand Its Offshore Wind Activities (Germany)
Business & Finance

PNE Raises EUR 33.7 Million to Expand Its Offshore Wind Activities (Germany)

The wind farm project developer, PNE WIND AG, has successfully issued a second tranche of its 8.0% corporate bond issue 2013/2018 to top-up its corporate bond within the scope of a private placement. Bonds with a total nominal value amounting to approx. EUR 33.7 million were subscribed by institutio

about 13 years ago
The Netherlands: ING Turns to Renewables
Business & Finance

The Netherlands: ING Turns to Renewables

ING Commercial Banking (ING CB) is shifting its European focus from financing natural gas plants to financing renewable energy projects, reports Business Recorder. The main reason for this shift to offshore and onshore wind and solar power is the increased development of renewable energy projects in

about 13 years ago
Siemens to Establish New Wind Base in Livingston, Scotland
Business & Finance

Siemens to Establish New Wind Base in Livingston, Scotland

Siemens will establish its new projects and construction base in Livingston, and the company is now recruiting to fill 30 working positions at the new base, Herald Scotland informs. The expansion of Siemens’ operations in Scotland will support a 100 more jobs elsewhere, most of them in Scotland and

about 13 years ago
Aquamarine, Pelamis to Share Slice of GBP 13 Million Scottish Support Programme
Business & Finance

Aquamarine, Pelamis to Share Slice of GBP 13 Million Scottish Support Programme

Speaking on the consent given the first tidal energy project in the Pentland Firth, the Energy Minister Fergus Ewing announced that leading Scottish wave developers Aquamarine Power Limited and Pelamis Wave Power are to share a slice of a £13 million wave first array support programme – part of the

about 13 years ago
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