Ofgem has appointed Andrew Wright as interim Chief Executive, effective from 28 June. The appointment will ensure continued strong leadership within Ofgem when current Chief Executive, Alistair Buchanan, steps down from his role on 27 June. A decision on the permanent replacement will be taken by th
HiDef Aerial Surveying have strengthened their position in the European market with two new German offshore contracts. New orders include consenting surveys for Dong Energy consultant, BioConsult, as well as baseline data acquisition for the University of Kiel. Both contracts will provide marine bir
Hafren Power said today that five major global companies spanning engineering, construction, project management and logistics are working with it on its proposal to build a £25 billion, 18km (11 mile) electricity generating barrage across the Severn estuary. Arup, Bechtel, DHL, Mott MacDonald and UR
Vestas maintains its full-year guidance and the focus on cost reductions, low investments and increased capacity utilisation continues. In the first quarter of 2013, Vestas generated revenue of EUR 1,096m – a decrease of 1 per cent to the year-earlier period. EBIT before special items increased by E
In the first quarter of 2013, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of NOK 4180 million, on par with the corresponding quarter in 2012. Negative currency effects resulted in a net profit of NOK 443 million, compared with NOK 3430 million in the first quarter
Wave energy developer Carnegie Wave Energy Limited (CWE) announces that it has received $142,692 as the first payment of its $1.27m AusIndustry grant to support a CETO Seawater Desalination Demonstration Pilot Plant. The first and subsequent grant payments support the design, construction and operat
In their new study entitled “Offshore Wind Toward 2020 – On the Pathway to Cost Competitiveness“, the experts at Roland Berger Strategy Consultants state that they expect Europe to have installed offshore wind capacity of 40 GW by 2020. In the same year, global investment to ramp up offshore wind po
Scottish Enterprise has awarded Samsung Heavy Industries (SHI) £6.04million POWERS funding to support the development of its latest 7MW Offshore Wind Turbine prototype at the Energy Park in Fife. This award will support an intended total investment of £100 million in Scotland, which SHI announced la
Economic development agency, Scottish Enterprise, unveiled its latest business plan on May 2, which aims to accelerate Scotland’s economic recovery. The plan, which outlines an ambitious increase in targets to drive investment in innovation and capital projects, will see the agency retain its focus
MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund, Norway), have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. The Parties have for some time, together with the engineering compan
Fundy Tidal Inc. (Fundy Tidal), Acadia University, and Dalhousie University’s Department of Oceanography will continue R&D activities to identify the best locations for small-scale tidal power projects in Digby County bolstered by a three-year, $3.3 million research project. Funding of $1.6 million
Cammell Laird shipyard is waiting to win profitable wind farm construction contracts this autumn, which would triple its workforce and raise turnover to half a billion pounds a year, Liverpool Daily Post writes. Contracts for the UK Round 3 wind farms will be announced by the end of this year and to
Vattenfall reports a stable underlying first quarter 2013 operating profit despite challenging market conditions. Increased electricity generation and high nuclear power availability contributed to the result. Vattenfall continues to improve operational efficiency. Net sales rose 1.4% to SEK 49,659
More than fifteen leading manufacturers of wind farm components and transmission technology met on April 30 in Tullamore to discuss the potential of setting up a local supply chain in the midlands worth at least 7 billion euro. More than 400 delegates attending the event hosted by Offaly County Coun
