Companies across Scotland are investing in their business growth through innovation, according to the latest figures from Scottish Enterprise (SE). The figures, unveiled at today’s Scottish Technology Showcase, show that despite economic conditions, Scottish companies are continuing to recognise the
Seawork 2012 saw a number of major deals being done and several high specification craft being officially handed over. Seawork has become not only an efficient one-stop-shop for seeing what’s new on the market, specifying future requirements and placing orders but also the event of choice for exhibi
Oceaneering has unveiled an USD 23.5 million (GBP 15.2 million) investment into a new facility at its base in Rosyth, which will allow the company to dive into the offshore renewable energy market, the Scotsman informs. The American-based company plans to construct a larger storage space where it wi
French turbine manufacturer Areva Wind has announced it is considering four possible sites along the northeast coast of Britain for a new factory, and the Humber is understood to be on the shortlist of possible locations, the Yorkshire Post writes. The Humber is competing against other port sites on
A joint initiative by Norfolk, Suffolk and Essex counties to work with China in order to create more jobs by making new export and inward investment opportunities brought a key visit by a Chinese delegation of world-leading manufacturers of wind farm equipment. The multi-million pound investors from
FoundOcean announces that Ambienta SGR, Europe’s largest private equity fund focused on the environmental sector, has signed an agreement to acquire a 35% stake in the company. Jim Bell, Managing Director at FoundOcean explained, “We are delighted that Ambienta has chosen to invest in FoundOcean as
Principle Power, Energias de Portugal, Repsol, A. Silva Matos (ASM), Vestas Wind Systems A/S and InovCapital announced the inauguration of Portugal’s first offshore wind turbine on June 16th, 2012. The turbine is installed on an innovative floating foundation called the WindFloat. In addition to bei
A UK-based renewables energy developer Renewable Energy Systems Ltd. (RES) could buy shares in offshore wind projects. Chris Morgan, CEO of the RES Offshore unit, said that the involvement in offshore projects in the future is a strategically interesting area that the company will look to get into,
The British Embassy in Seoul has awarded a contract to the Korea Maritime University (KMU) and IT Power (ITP) to establish the “UK-Korea Ocean Energy Technology Co-operation Project”. This follows closely after the accord between Renewable UK and the Korean Wind Energy Industry Association (KWEIA) w
EU Energy Ministers meeting in Luxembourg today are expected to agree: – a substantially higher share of renewable energy beyond 2020 (defining it as a “no regret option”) – that developing post 2020 strategies is necessary and urgent, and to encourage work to define the 2030 policy framework “The E
In January 2012 Vestas decided to close its tower factory in Varde, Denmark. Now, after running a competitive divestment process, Vestas has entered an agreement with Chinese Titan Wind Energy (Suzhou) Co., Ltd., a long term partner and supplier to Vestas, to sell off the Danish facility and thereby
3sun Group, a specialist provider of products and services to the energy industry, has announced that its recently launched inspection division, 3sun Inspection Services, has secured over £1 million in contract wins. The Group is exhibiting at Renewable UK’s Global Offshore Wind show 13-14 June at s
The Norwegian Vessel Traffic Management System supplier VisSim, has acquired the Dutch based Offshore Personnel Management solutions company, Offshore Profile LTD. Offshore Profile was founded in 2010 to meet the growing demand of tracking personnel in offshore Wind farms. With many years of experie
CWind has recently signed three new skippers to its boat share scheme and placed orders for three 19m MPCs with CTruk Boats. These vessels will be built this year and will all work with CWind on charters, going straight on to contract on the UK’s east coast. CWind already has four vessels running un
