GeoSea NV and Barge Master BV have signed a cooperation agreement for the testing and deployment of the first S700/C400 Barge Master platform. The S700/C400 Barge Master is a motion compensation platform that compensates up to 95% of sea-induced motions. The platform can be installed on a supply ves
Leading service provider Palfinger Marine Services has been awarded the commissioning contract for 111 offshore cranes for DONG Energy’s offshore wind farm Anholt. “We are pleased that DONG Energy puts their trust in our service, and very proud to be working with DONG Energy on a project of this sca
Fortum and Sitra, the Finnish Innovation Fund have increased their funding in the wave energy technology developed by the Finnish company AW-Energy Oy. With this funding AW-Energy commences the development of the commercial scale WaveRoller device as well as ensures the completion of operational tes
IHC Hydrohammer®, part of IHC Merwede, has been awarded a contract by Seaway Heavy Lifting to design and manufacture the S-2500 piling hammer, which is the largest ever built by the company. The order highlights the strong and reliable cooperation that has developed between the two companies over mo
TenneT’s CEO Mel Kroon told Reuters that the company will finalize the sale of minority stakes in the SylWyn1 and DolWyn1 cables by the end of this year as it needs to raise funds to build new power links in Germany. This sale will total in 6 out of 10 TenneT’s German offshore projects valued [&hell
In the first six months of 2012 TenneT realised a steady growth (underlying) of revenue and profit in both the Netherlands and Germany. Underlying revenue amounted to EUR 842 million (EUR 816 million reported revenue), with underlying growth both in the Netherlands (23%) and in Germany (28%). Underl
China’s largest wind turbine manufacturer Sinovel Wind Group Ltd has reported that its H1 profits have dropped 96.25 percent to 24.67m yuan comparing to the same period last year, reports Xinhua. Operating revenues dropped 42.04 percent year-on-year to 3.09 billion yuan. The global economic crisis a
Windreich AG, a leading wind power company in Germany and a pioneer in the offshore industry, welcomed the decision of the Federal Government to regulate the liability for delayed or disrupted grid connections of offshore wind farms. According to the plans of the Federal Government, the law should b
NaiKun Wind Energy Group Inc. (the “Company” or “NaiKun Wind”) announced its financial results for the three months ended June 30, 2012, a fiscal period in which the Company continued to explore ways to forward the NaiKun Wind Project while controlling its costs. A substantial restructuring was unde
Five marine energy developers will benefit from £7.9 million funding to further develop testing of new wave and tidal prototypes in the seas around Scotland, Deputy First Minister Nicola Sturgeon has announced. The second round of WATERS (Wave & Tidal Energy: Research, Development & Demonstration Su
Gardline Marine Sciences, a marine survey company which employs about 2,000 people worldwide, has been recruiting about 20 new people every month for the past 18 months. The Norwich Evening News site quotes head of the renewables group at Gardline Marine Sciences, John Morse, as saying that in July
Oceanflow Development Limited has been successful in winning WATERS-2 (Wave and Tidal Energy R&D Support) funding from Scottish Enterprise for the development of a twin-turbine variant of its floating, tethered Evopod technology. This latest award follows WATERS 1 funding in 2010 to demonstrate Ocea
The wind farm project developer, PNE WIND AG, has published its results for the first half of 2012. The reporting period was characterised by ntensive onshore and offshore project development activity which required advance payments and investments in projects whose realisation will lead to future s
German unit of Vattenfall says that the German energy strategy will hit the consumers’ pockets as costs for new renewable power generation units and networks must be passed on. Vattenfall Europe chief Tuomo Hatakka told the Sueddeutsche Zeitung that he expects the electricity bill for private custom
