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Denmark: Vestas Reaches Installed Wind Energy Global Capacity of 50GW
Business & Finance

Denmark: Vestas Reaches Installed Wind Energy Global Capacity of 50GW

As the world’s energy mix is being reshaped, a significant milestone has been achieved: Vestas has reached an installed global capacity of 50GW of wind energy, a result of years of hard work with our customers and partners, and a significant milestone for the maturing wind industry. Fifty GW amounts

about 14 years ago
USA: MREC Wins Government Grant for Ocean Energy Technology Development
Business & Finance

USA: MREC Wins Government Grant for Ocean Energy Technology Development

Massachusetts Clean Energy Center has awarded $535,000 grant to the University of Massachusetts Dartmouth’s New England Marine Renewable Energy Center, according to Cape Cod Times. The aim of this grant is to develop ocean energy technology offshore Massachusetts in a 27-square-mile technology test

about 14 years ago
Norway: Hammerfest Strøm Changes Its Name to ANDRITZ HYDRO Hammerfest
Business & Finance

Norway: Hammerfest Strøm Changes Its Name to ANDRITZ HYDRO Hammerfest

Earlier this year ANDRITZ HYDRO increased its shareholding in Hammerfest Strøm AS and became the majority shareholder in the Company. Other major shareholders are the Spanish utility company Iberdrola and the local Norwegian utility company Hammerfest Energi. The company will operate under the name

about 14 years ago
Scotland Publishes Offshore Renewables Investment Map
Business & Finance

Scotland Publishes Offshore Renewables Investment Map

The Scottish Government’s commitment to renewable energy is already producing thousands of jobs across the country and will generate tens of thousands more, First Minister Alex Salmond said today as recent investment announcements in offshore wind, wave and tidal power were highlighted in a newly-pu

about 14 years ago
Germany: Innogy Venture Capital and High-Tech Gründerfonds Invest in Enercast
Business & Finance

Germany: Innogy Venture Capital and High-Tech Gründerfonds Invest in Enercast

Innogy Venture Capital and High-Tech Gründerfonds are going to invest in a first round of financing up to EUR 2.25 million in the start-up company enercast GmbH. The young technology company provides electricity generation forecasts from wind and solar which lead to significant cost savings along th

about 14 years ago
Denmark: Dong to Sell Offshore Wind Farm Stakes
Business & Finance

Denmark: Dong to Sell Offshore Wind Farm Stakes

Dong Energy is planning to sell stakes in its offshore wind farms, as it plans to invest 10 billion kroner (USD 1.8 billion) a year in offshore wind, reports Bloomberg. Deputy Chief Executive Officer Morten Buchgreitz said: “You haven’t seen the last sale from Dong Energy of stakes in a wind farm.”

about 14 years ago
Japan: GL RC to Certify Kawasaki Heavy’s Tidal Energy Converter
Business & Finance

Japan: GL RC to Certify Kawasaki Heavy’s Tidal Energy Converter

Tidal energy is a vast resource man has yet to harness. As technology advances into this new, promising realm of renewable energy, GL Renewables Certification (GL RC) is contributing its expertise by certifying Kawasaki Heavy Industries’ (KHI) tidal energy converter prototype. The certification will

about 14 years ago
Germany to Take Second Chance in New Grid Operator
Business & Finance

Germany to Take Second Chance in New Grid Operator

As Frankfurter Allgemeine Zeitung reported, the German government might acquire stake in a new grid operator, planned to bring offshore wind power to shore. The government could realize its plans through KfW Group state development bank. This news comes after grid operator TenneT announced delay in

about 14 years ago
PGE Wins Three Offshore Wind Permits in Poland
Business & Finance

PGE Wins Three Offshore Wind Permits in Poland

As it was announced earlier this month, the Polish government has awarded PGE SA three permits to build offshore wind farms, according to Bloomberg. These will be the first of their kind in Poland. The government has awarded five permits with a total capacity of 4,500 MW. Ministry of Transport, Cons

about 14 years ago
Denmark: European Wind Energy Market Grows Despite Ongoing Financial Crisis
Business & Finance

Denmark: European Wind Energy Market Grows Despite Ongoing Financial Crisis

Despite the ongoing financial crisis, emerging wind energy markets in Europe are expected to significantly increase installed wind power capacity by 2020, a panel session at the EWEA 2012 Annual Event in Copenhagen heard on Thursday. Peter Brun, of Vestas, told people attending the session — Emergin

about 14 years ago
USA: UMD Graduates to Raise Up to USD 2.0 Million for Wave Energy Business Startup
Business & Finance

USA: UMD Graduates to Raise Up to USD 2.0 Million for Wave Energy Business Startup

On Wednesday, business plans for wave energy were presented by UMD (University of Massachusetts Dartmouth) graduate students Jonathan Christie and Linnhardt Hilfer. For development of their business, they plan to raise up to USD 2.0 million, according to Brian Boyd from SouthCoastToday. At UMass Dar

about 14 years ago
Crawford Gillies Re-Appointed as Chair of Scottish Enterprise
Business & Finance

Crawford Gillies Re-Appointed as Chair of Scottish Enterprise

The Cabinet Secretary for Finance, Employment and Sustainable Growth, John Swinney, today announced the re-appointment of Crawford Gillies as Chair of Scottish Enterprise. Scottish Enterprise is the Scottish Government’s main agency for economic development in North East, Central and Lowland Scotlan

about 14 years ago
Enova and METCentre to Boost Marine Energy Production in Norway
Business & Finance

Enova and METCentre to Boost Marine Energy Production in Norway

Enova and METCentre have signed a collaborative agreement whose purpose is to facilitate an increase in technological development within marine energy production in Norway. – We wish to facilitate the implementation of full scale testing of new technology in Norway, both for Norwegian and foreign te

about 14 years ago
Belgium: Colruyt Seeks Co-Investors for Offshore Wind Projects
Business & Finance

Belgium: Colruyt Seeks Co-Investors for Offshore Wind Projects

Colruyt Group is seeking co-investors for several offshore wind projects. The company aims to reduce financial burdens of the investments, reported De Standaard. Colruyt currently owns two offshore wind farms, Belwind and Northwind. Northwind NV, formerly known as the Eldepasco, requires 760 million

about 14 years ago
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