Parker Hannifin Corporation, the global leader in motion and control technologies, yesterday announced that it has successfully completed its previously announced agreement to acquire the Olaer Group headquartered in Deeside, United Kingdom. Terms of the transaction were not disclosed. The Olaer Gro
132 new offshore wind turbines, totalling 523.2 megawatts (MW) were fully grid connected in Europe in the first six months of 2012. This is a 50% increase compared to the same period in 2011 when 348.1 MW were installed. “50 per cent more offshore wind power capacity was installed in Europe in the f
SDE Company negotiates the sale of control with a number of factors, including leading companies in the medical industry and in the automobile industry. The car industry market is saturated and the medical market is saturated as well. The competition between many companies in these fields created th
Eurotech Benelux has teamed up with Jan de Nul Group for the winning bid to design and manufacture sixteen anchor cage structures for a major offshore wind farm. The wind farm, in the Swedish region of the Baltic Sea, will be owned and run by E.ON Sweden. Eurotech Benelux is creating the anchor-bolt
Tidal Transit has secured two contracts for offshore wind crew transfer for the Greater Gabbard and the Sheringham Shoal offshore wind farms, which helped the company on its way to reach GBP 1 million turnover in 2012. An additional GBP 275,000 came from the contracts´ extension signed just a few da
The National Renewable Energy Centre (Narec) has awarded a multi-million pound contract to SeaRoc to install its Offshore Anemometry Hub. The research facility will be installed 3 nautical miles off the coast of Blyth, Northumberland next to the proposed nearest shore array of the 100MW capacity Bly
Bloomberg forecasts that out of the largest collection of offshore wind farms, planned by the European Union to be placed in the North and Baltic Seas, 3,400 wind turbines will be operational by 2015 and 3,600 more by 2020, subject to stability of the government´s support. The offshore wind industry
In the first half of the year sales of wind turbines decreased, despite the ambitions of Germany and the UK. This makes obvious the struggle which the offshore wind sector and its financial supporters are facing in reaching the respective countries´ goals. As the financial crisis has spread througho
The Federal Minister for Resources and Energy, Martin Ferguson AM MP, announced a $5.6 million grant for BioPower Systems’ $15 million bioWAVE Pilot Demonstration Project off the coast of Victoria. These funds add to the $5 million recently awarded to the project by the Victorian Government, confirm
Wave energy developer, Carnegie Wave Energy Limited announced the signing of key agreements with the Australian Department of Defence unveiled today by the Australian Prime Minister, the Honourable Julia Gillard, and the Federal Member for Brand, the Honourable Gary Gray, at Carnegie’s Wave Energy R
The Renewable Energy Foundation (REF) has welcomed the Department of Business Innovation and Skills (BIS) study showing that the UK’s climate change policies are expensive relative to other major economies and damaging for UK industry. REF has consistently argued since its creation in 2004 that UK’s
SKF has signed a three-year supply agreement, worth around SEK 1 billion (around USD 142 million) for the new generation SKF Nautilus bearing, with a major wind turbine manufacturer. The new multi-megawatt turbine that will utilize the new bearing is intended for both onshore and offshore installati
Wave energy developer Carnegie Wave Energy Limited (CWE) advises that major shareholder Renewable Energy Holdings Plc (REH) has sold 53% of its shareholding via off market transfer to a small consortium of Australian investors led by 88 Green Ventures (Australia). In addition to the sale of half its
From spring 2013, A2SEA will play a key role in helping build one of the largest offshore wind farms in the world. A2SEA will provide specialist jack-up’s SEA JACK and SEA WORKER to install 160 Siemens 3.6MW turbines on RWE’s Gwynt y Môr offshore wind farm. Gwynt y Môr offshore wind farm, located of
