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UK Reinforces Inward Investment and Innovative Projects in Offshore Wind
Business & Finance

UK Reinforces Inward Investment and Innovative Projects in Offshore Wind

Business and Energy Minister, Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry, alongside Government support for three offshore wind innovation projects. En

about 13 years ago
Scottish Renewables Welcomes OW Financial Support Announcement
Business & Finance

Scottish Renewables Welcomes OW Financial Support Announcement

Scotland’s offshore wind industry has learned of plans to introduce two new bands of financial support which will be provided by the Scottish Government. Responding to the announcement, Lindsay Leask, Senior Policy Manager for Scottish Renewables, said: “Scotland is at the cutting edge of deep water

about 13 years ago
EDF Selects Kyowa Filter Units for Monopile Scour Protection at Teesside OWF (UK)
Business & Finance

EDF Selects Kyowa Filter Units for Monopile Scour Protection at Teesside OWF (UK)

Ridgeway Renewables have successfully supplied the first “Kyowa Filter Units” from Japanese manufacturer Sumisho Kyowa Limited for offshore wind turbine monopile scour protection in Europe. Using a combination of the 4 & 8 tonne type units filled with specific aggregate in a circular formation aroun

about 13 years ago
Germany: TenneT Confident in Getting Offshore Financing
Business & Finance

Germany: TenneT Confident in Getting Offshore Financing

German grid operator TenneT said that it is confident that funding for its offshore projects, which would amount to EUR 7 billion for transmission cables, is secured. The company is assured that new legal arrangements regarding risk liability will help get things solved for the offshore transmission

about 13 years ago
USA: Cape Wind Faces New Foe
Business & Finance

USA: Cape Wind Faces New Foe

Cape Wind has been faced with a new foe. Namely, a newly formed group called the New England Ratepayers Association has written to the United States Department of Energy to disapprove Cape Wind’s USD 300 million loan guarantee which will, as NERA believes, stop Cape Wind development, writes the Unio

about 13 years ago
Scotland to Give Higher Incentives to Innovative Offshore Wind Projects
Business & Finance

Scotland to Give Higher Incentives to Innovative Offshore Wind Projects

Scottish Government will boost its incentives for innovative offshore wind technology through Renewable Obligation Certificates. Next generation, cutting-edge offshore wind turbine projects will receive 2.5 tradable Renewable Obligation Certificates (ROCs), whilst those test projects that aim to dev

about 13 years ago
Sweden: SeaTwirl Adds New Board Member
Business & Finance

Sweden: SeaTwirl Adds New Board Member

SeaTwirl AB has announced that it has a new board member added to its team. Katarina Frotjold has previous experience from the automotive industry as well as the wind industry and has been involved in several interesting wind projects before. She has great compassion in wind projects and especially

about 13 years ago
UK: ETI Appoints New Strategy Manager for Offshore Renewables
Business & Finance

UK: ETI Appoints New Strategy Manager for Offshore Renewables

The Energy Technologies Institute (ETI) has appointed Nick Clarke to the post of Strategy Manager, Offshore Renewables. Nick will be responsible for the strategy of its offshore wind and marine technology programmes. He will work closely with Simon Cheeseman, the ETI’s Marine programme manager and A

about 13 years ago
WWF: Investing in Renewables Can Help Tackle Climate Change (Belgium)
Business & Finance

WWF: Investing in Renewables Can Help Tackle Climate Change (Belgium)

Commenting on a report released today (10 June) by the International Energy Agency (IEA), Redrawing the energy-climate map, WWF said that, although the short-term measures proposed by the IEA to keep climate change within ‘safe’ levels were welcome, countries need to move further and faster to tackl

about 13 years ago
3sun Group Announces Opening of New Denmark Base
Business & Finance

3sun Group Announces Opening of New Denmark Base

3sun Group, a specialist provider of products and services to the global energy industry, has announced the opening of its first office in Denmark, as part of the Group’s international growth plans. The new office in Esbjerg, Denmark will support 3sun Group’s increased presence in region, allowing t

about 13 years ago
USA: Ocean Power Technologies Announces Oregon-Based Regional Representation
Business & Finance

USA: Ocean Power Technologies Announces Oregon-Based Regional Representation

Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, has announced that it has engaged consultant Kevin Watkins to serve as its Pacific Northwest Representative. OPT is planning for deployment of a Mark 3 PowerBuoy® wave energy conversion system off the coast of Oregon, an

about 13 years ago
UK: Tidal Lagoon Swansea Bay to Raise GBP 2 Million
Business & Finance

UK: Tidal Lagoon Swansea Bay to Raise GBP 2 Million

Tidal Lagoon (Swansea Bay) Plc has announced the launch of a £2m local community share offer to give the people of Wales the opportunity to be early stage investors in the planning and design development phase of the Swansea Bay Tidal Lagoon proposal. The £2m Community Share offer is part of the Com

about 13 years ago
Ireland: Impressive Stats for Island Tiger and Island Panther
Business & Finance

Ireland: Impressive Stats for Island Tiger and Island Panther

In order to verify the fact that its Offshore Windfarm Crew Transfer Vessels were among the best in the business, Island Shipping decided to look back through the transfer logs. While operating for 20 months on Sheringham Shoal Offshore Windfarm, the Island Tiger and Island Panther carried out 37,20

about 13 years ago
UK: Reef Subsea to Realize Growth Strategy by Restructuring Business
Business & Finance

UK: Reef Subsea to Realize Growth Strategy by Restructuring Business

Reef Subsea today announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success. Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsi

about 13 years ago
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