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Modus Secures Major Contract for Teesside Offshore Wind Farm, UK
Business & Finance

Modus Secures Major Contract for Teesside Offshore Wind Farm, UK

Modus Seabed Intervention has secured a major contract on EDF Energy Renewables prestigious Teesside Offshore Wind Farm. Main contractor Van Oord’s appointment of Darlington-based Modus, to provide trenching and survey services on this high profile North Sea project, is an acknowledgement of the reg

about 14 years ago
USA: Sierra Club Foundation Names New Member to Board of Directors
Business & Finance

USA: Sierra Club Foundation Names New Member to Board of Directors

The Sierra Club Foundation announced that Shirley Weese Young, Chicago graphic designer and land conservationist, is the newest member to join the Board of Directors. Young’s resolve to see Chicago become a leader in renewable energy and her commitment to the Sierra Club is inspirational. Passionate

about 14 years ago
Norway: Oceanteam Shipping Purchases Its Own Shares
Business & Finance

Norway: Oceanteam Shipping Purchases Its Own Shares

Oceanteam Shipping ASA (OTS) has on the 10th of August bought 309,960 Oceanteam Shipping ASA shares in the market at an average price of 3.80 per share. The company owns 309,960 treasury shares following the transaction. Oceanteam Shipping is an offshore shipping company. It operates on a global bas

about 14 years ago
Denmark: DONG Energy Announces 1H Interim Financial Report
Business & Finance

Denmark: DONG Energy Announces 1H Interim Financial Report

The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2012 with the following outlook and financial highlights compared with the first half of 2011: First-half 2012 EBITDA was DKK 6.6 billion compared with DKK 9.1 billion in the first half of 201

about 14 years ago
SgurrEnergy Plans to Expand HQ in Glasgow, UK
Business & Finance

SgurrEnergy Plans to Expand HQ in Glasgow, UK

SgurrEnergy has announced plans this week to double its workforce as part of a three-year expansion plan, adding to its 10th anniversary celebrations. Having worked on over 65,000MW of renewables projects across 40 countries, plans are afoot to double the size of the company’s headquarters on Bath S

about 14 years ago
Norway: Kvaerner Pulls Out of Offshore Wind
Business & Finance

Norway: Kvaerner Pulls Out of Offshore Wind

“The engagement in the wind industry will be discontinued,“ said the Norwegian fabricator Kvaerner in the 2nd quarter and half year 2012 report. The company has delivered 19 of 48 wind jackets including the transformer jacket for the Nordsee Ost project during the second quarter. Kvaerner said that

about 14 years ago
UK: GBP 2.8 Bn Renewable Energy Investment During Economic Downturn
Business & Finance

UK: GBP 2.8 Bn Renewable Energy Investment During Economic Downturn

While many companies and traditional industries have struggled, Scotland’s renewable electricity industry has delivered capital investment of some £2.8bn since the beginning of 2009, according to new figures from Scottish Renewables. The figures are part of a new series of statistics ‘Scotland’s Ren

about 14 years ago
Germany: Windreich Welcomes Change in Ownership Fuhrländer
Business & Finance

Germany: Windreich Welcomes Change in Ownership Fuhrländer

Dipl.-Wirt.-Ing. (FH) Willi Balz, Windreich AG, is the second largest shareholder of Fuhrländer AG with headquarters in Liebenscheid (Siegerland), and welcomes the change of ownership of Germany’s oldest wind turbine manufacturer and emphasis: The new owner structure ensures the future of the tradit

about 14 years ago
KfW to Finance German Offshore Wind Projects
Business & Finance

KfW to Finance German Offshore Wind Projects

KfW, German state development bank, published yesterday its results for the first half of 2012 and revealed its future plans. Under the KfW Action Plan to support the energy turnaround, the bank plans to extend loans to EUR 100 billion for renewable energies and energy efficiency in the next five ye

about 14 years ago
UK: Major Funding Boosts of GBP 8 Million for Subsea Firm ROVOP
Business & Finance

UK: Major Funding Boosts of GBP 8 Million for Subsea Firm ROVOP

A rapidly evolving and award winning new subsea business has secured £60,000 in public sector funding to support its business growth and expansion overseas. The cash boost from Scottish Enterprise and Scottish Development International will help ROVOP, based in Westhill, Aberdeenshire, to both explo

about 14 years ago
Germany: BARD Reaches Agreement on Social Plan for CSC
Business & Finance

Germany: BARD Reaches Agreement on Social Plan for CSC

A mutually acceptable solution has been achieved over a balance of interests and a new social plan amid constructive negotiations between the management and the union of Cuxhaven Steel Construction CSC. The operational tasks of the CSC for the BARD Offshore 1 will be completed by 31 October 2012. Th

about 14 years ago
UK: Mosscliff Environmental to Open South West Office
Business & Finance

UK: Mosscliff Environmental to Open South West Office

Mosscliff Environmental Ltd opens the doors of a brand new regional office at the Exeter University Innovation Centre this month. As well as acting as hub for the company’s developing commercial activities across the South West, the university base marks the start of some important joint research an

about 14 years ago
UK Stays Offshore Wind Leader in Europe
Business & Finance

UK Stays Offshore Wind Leader in Europe

According to the new report by the Global Wind Energy Council (GWEC), the UK has kept its leading position in the offshore wind, reports Energy News Live news portal. The UK has installed more than 2,000MW of wind power in the last year, totaling to 3,813MW. Total installed offshore wind capacity su

about 14 years ago
CWE Ireland Submits Application for 5MW Wave Project
Business & Finance

CWE Ireland Submits Application for 5MW Wave Project

CWE Ireland has applied with the Department of the Environment for the licence to develop a five megawatt wave energy project off the west Clare coast, writes the Irish Times. The company, which is a 100% owned subsidiary of Carnegie Wave Energy Limited, chose this site after a two year research. Ki

about 14 years ago
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