Statoil North America has revised its proposal for the Hywind Maine offshore wind project by reducing the cost of energy to ratepayers, which was an obstacle for the company to get an approval for the project from the Maine Public Utilities Commission (PUC). Energy cost in the revised proposal is re
The Atlantic Wind Connection (AWC), developer of the New Jersey Energy Link, the first offshore backbone electricity transmission system proposed in the United States, has selected major construction and design firm Bechtel as its Engineering, Procurement and Construction (EPC) Contractor and intern
RenewableUK, the trade and professional body representing the wave and tidal energy industries, has welcomed the announcement by The Crown Estate that it will invest up to £20 million in two wave or tidal energy projects. The funding will be used to construct wave or tidal arrays (multiple devices)
The investment for an offshore wind farm comprising 80 turbines amounts to EUR 1.5 billion, stated the German government, continuing that they cannot make any statement regarding the additional costs for delays in grid connection. Many offshore wind developers have announced that they will face dela
The Crown Estate announces that it is considering investing in the UK’s first wave and tidal stream array projects, in support of its strategy to encourage growth of the emerging industry. This follows a report last year which found there is potential for tens of gigawatts of wave and tidal projects
Exciting opportunities to export to countries like China, Brazil and South Korea have been identified and must be grasped by the British marine industry to help them deliver growth, Business Minister Michael Fallon said. Mr Fallon was speaking at the Tullett Prebon London Boat Show as he unveiled a
The publicly listed European construction group STRABAG SE postpones its planned investments in the field of gravity-based foundations technology for offshore wind until further notice. The company had planned to spend several hundred million euros over the next few years on the construction of a fa
Leading renewable engineering consultancy, SgurrEnergy, part of Wood Group, has this week announced the opening of a new international office in Hafencity in Hamburg, Germany, bringing its total number of global offices to 10. With headquarters in Glasgow, Scotland, these recent developments see Sgu
International renewable energy consultancy Natural Power has confirmed the recent appointments of Dr Ross McGregor, Senior Ornithologist and Leona Graves as Senior Ecologist within the industry leading Ecology & Hydrology department. Leona is an experienced ecological consultant, with a six year tra
Alun Griffiths (Contractors) Ltd has been awarded a GBP 1.1 million contract by RWE npower, the company behind the Gwynt-y-Mor Offshore Wind Farm, to prepare the turbine pre-assembly site at the Port of Mostyn. The civil engineering works are underway to establish a purpose built facility on a 28 ac
A Vestas Wind Systems A/S shareholder has requested that the company’s Annual General Meeting, taking place on Thursday 21 March 2013, decides that a number of issues come under scrutiny and that an independent auditor to carry out the scrutiny will be appointed at the Annual General Meeting. The re
The U.S. Department of Energy (DOE) announced there is $5 million in new funding for Lake Erie Energy Development Corporation (LEEDCo), the non-profit corporation leading the effort for the first freshwater offshore wind project in the nation. “The DOE funding for ‘Icebreaker’ is a testament and vot
The board of directors of Xinjiang Goldwind Science & Technology Co., Ltd. has announced that for the further development of the Company, Mr. Wang Haibo, an executive director and vice president of the Company, has been appointed as the President of the Company with effect from 9 January 2013. In li
Vestas confirms that final credit approval and documentation of the November agreement on credit facilities has now been obtained. Vestas’ credit facilities consist of credit lines of EUR 1,155m and a corporate Eurobond of EUR 600m. In addition to the credit facilities, Vestas has made an agreement
