Orkney-based tidal energy firm, Scotrenewables Tidal Power, have secured £7.6 million worth of foreign investment as they look to design, build, install and test a next generation tidal turbine, the SR200. The private funding from overseas adds to the £1.24 million grant the company received from th
Drain Center has won a contract to supply specialist pipework for a new £736 million high-profile wind farm construction project, located approximately eight kilometres off the East Yorkshire coast. The 12 month contract, currently valued at £300,000, saw Drain Center selected by PBU (UK) Ltd of Sed
Siemens AG has revealed that its Energy division will generate EUR 3.2 billion in savings in 2013 and 2014, which is more than a half of the company’s overall planned savings of EUR 6 billion. During an analyst event held at its gas turbine factory in Charlotte, North Carolina, Siemens told analysts
In June 2012 the creditors’ committee voted in favour of an offer by the VeKa Group of the Netherlands to take over the Sietas shipyard. Despite six months of intensive negotiations, it was not possible to complete the deal. The reason is that the Sietas shipyard currently has only one order for a n
35 Minnesota business leaders, elected officials, sportsmen, and environmental groups delivered a letter to Congress asking them to extend the Renewable Energy Production Tax Credit (PTC) and the Offshore Wind Investment Tax Credit (ITC) before they expire at the end of the year. “Clean energy, incl
An engineering firm has secured £2.28million to deliver new jobs for Harwich and respond to significant opportunities in the offshore wind sector. AJ Woods Engineering, which is based in the town, is to receive the money from the ‘Growing Places Fund’ following a successful bid to the South East Loc
Following the business development of Windreich AG with a particular consideration of the end customers, Dr. Peter Vest was appointed to the Board on marketing and business development. Willi Balz, founder and CEO of Windreich AG says that Dr. Vest brings his many years of experience as a managing p
DNV has appointed Stefan Nerpin as its new Group Vice President of Communications and External Relations for the DNV Group. Mr Nerpin brings with him extensive international leadership experience and a strong track record of corporate communications and branding. As Group Vice President of DNV’s gro
After HM Treasury released the Autumn Statement last Wednesday, industry experts have raised concerns regarding the funding of the Green Investment Bank, according to the Yorkshire post. This report shows that the government will miss its target of getting debt falling as a percentage of GDP by 2015
The Minister of New and Renewable Energy, DR. FAROOQ ABDULLAH informed Lok Sabha that in order to exploit tidal power, Government of Gujarat has signed a Memorandum of Understanding in January 2011 for establishing a 250 MW tidal power project in Gulf of Kutch with Gujarat Power Corporation Ltd. (GP
EDF is looking to award contracts for consultancy services for two proposed offshore wind farms in France, one at Fecamp and the other at Courseulles-sur-Mer. The work is related to assistance to the special committee for public consultations (CPDP), which includes design, editing, layout, printing
The UK’s successful offshore wind sector was promoting its expertise in Paris yesterday, as 40 British firms seek new overseas trade. UK Trade & Investment (UKTI) hosted the forum in Paris, which brought together representatives from British and French companies as well as trade associations and rep
Offshore Marine Management (OMM) signs several contracts with cable suppliers and installers for upcoming Offshore Wind Interconnector installations. In the beginning of 2012, OMM signed several contracts with cable suppliers and installers for the upcoming Offshore Wind Interconnector installations
Bremen’s Senate decided to ensure funding for building of the Offshore Terminal Bremerhaven (OTB) in an effort to achieve energy turnaround and create jobs. The Senate made the required landmark decision for project’s financing at a meeting on December 4, according to the press release published on
