The contract for Engineering Office to support Elia Asset NV in the design, development and realization of the Artificial Island, called Alpha, part of the Belgian Offshore Grid (BOG), in the North Sea has been awarded to IMDC. The Belgian Offshore Grid (BOG) consists of 2 OHVS platforms and the nec
Via the fund Copenhagen Infrastructure I, managed by Copenhagen Infrastructure Partners, the pension fund PensionDanmark is funding a conditional investment commitment of 200 million USD in America’s first offshore wind farm, Cape Wind. The aim is to close the deal to construct the wind farm this ye
“New energy concept. Safe. Hands on.” – is the keynote for the strategic reorientation of EnBW Energie Baden-Württemberg AG. This strategic reorientation is how the company is responding to major changes in the energy sector, and with which it aims to tap long-term growth opportunities. “Our EnBW 20
Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announced that it has signed binding commitment letters and detailed heads of terms for the arrangement of a new secured banking facil
On Tuesday, 11th of June, Nelja Energia opened the Ciuteliai wind farm in Lithuania. It is Lithuania’s largest wind farm with a total capacity of 39.1 MW. Martin Kruus, the Chairman of the Board of Nelja Energia said the company invested approximately 57.4 million Euros in developing the new wind fa
The South West’s marine renewable industry was recently showcased at All Energy, the UK’s largest renewable energy trade show held in Aberdeen. Twelve members of the South West Marine Energy Park (SWMEP), a partnership made up of local government, academia and industry, exhibited on a SWMEP stand. T
The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer. He will succeed Joe Hogan in this role in an orderly transition on September 15, 2013. Hogan will continue with ABB for some months as Senior Advis
The WINDEA Offshore GmbH & Co. KG has signed a Letter of Intent together with DAMEN Shipyards regarding the sale of one CTV new building in order to expand its all in all service portfolio for offshore wind farms. The vessel captivates through very good sea characteristics and high flexibility durin
Goldman Sachs Group Inc., a global investment banking, securities and investment management firm based in New York, is planning to invest in offshore wind energy in Japan, Bloomberg informs. The interest in tapping the potential of the country’s clean energy materialized when the company established
OCEAN THERMAL ENERGY PLC (OTEplc) and DCNS have signed a Memorandum of Understanding (MOU) to jointly develop and build Ocean Thermal Energy Conversion (OTEC), Sea Water District Cooling (SDC) and Sea Water Air Conditioning (SWAC) systems in selected markets. Ocean Thermal Energy Conversion is a pro
GCube, the specialist renewable energy underwriter, has said that whilst clear growth within offshore wind persists, the industry needs to take some extra steps to ensure that wind energy assets are ‘investment grade’ in the long term. With limited opportunities for debt within the offshore wind cap
Supply chain companies are being urged to tap into opportunities in the UK’s growing offshore wind industry – worth a potential £2 billion a year between now and 2025. The figures are highlighted in a new guide from Scottish Enterprise and the Crown Estate – The Guide to UK Offshore Wind Operations
The Crown Estate has announced a new leasing programme to encourage further investment in a range of offshore wind test and demonstration projects, including a leasing round for floating offshore wind technology. Other components will include calls for interest in for non-grid connected projects and
RenewableUK and The Crown Estate have published a report highlighting a “once in a generation” chance to attract major companies to the UK to build factories to supply the fast-growing offshore wind energy sector. However, the study warns that unless the UK seizes this unprecedented opportunity, the
