Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O’Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied tow
AXYS Technologies Inc. (AXYS) announced that they will be partnering with IN VIVO for WindSentinel™ sales and support in France. “We are pleased to work with IN VIVO because of their extensive experience in the field of environmental monitoring combined with their background in marine engineering an
The European Wind Energy Association (EWEA) has set its targets for installing 40 gigawatts of offshore wind capacity by 2020. Offshore wind is still too expensive, concludes Roland Berger Strategy Consultants. Offshore wind costs are much higher than for other renewable energy sources, twice as hig
The European Commission has approved under the EU Merger Regulation the proposed acquisition of joint control… (neurope) [mappress] Source: neurope, November 28, 2011
The international service provider TÜV SÜD and the China Electric Power Research Institute (CEPRI) expressed their intention to cooperate at strategic level in the future. The two parties signed a contract to this effect in Beijing. CEPRI is a subsidiary of State Grid Corporation of China (SGCC), th
WFS Technologies, the world’s leading supplier of radio and acoustic solutions for underwater communication, navigation and power transfer, announces a new industry partnership with UK supplier of instrumentation and data loggers, Omni Instruments, based in Dundee, Scotland. Omni Instruments Ltd. Es
In the UK Renewables Roadmap published in July, DECC announced funding of up to £30m – subject to value for money assessments – for offshore wind innovation. DECC expects to fund two schemes under this programme, one of which is the Offshore Wind Component Technologies Development and Demonstration
German based electricity grid operator Tennet warns government that they can’t keep up with the pace of offshore wind grid development. They said that construction of further cables at this rate is not doable due to lack of cash and skilled staff at Tennet and at their suppliers Tennet has nine grid
MT Højgaard, the company who have deployed most offshore wind foundations globally, have teamed up with foundation specialists Seatower to offer “cranefree” gravity foundations. The new foundations have been developed specifically for the deeper waters and bigger turbines that will soon become preva
BOSSES at a Spanish offshore firm are poised to make an announcement over a multi-million pound factory which could bring 1,000 jobs to Hartlepool. Madrid-based Gamesa will choose either Hartlepool or Dundee to build a UK base to construct wind turbines, and with all other contenders ruled out it is
Essen-based RWE Innogy and Conetwork Erneuerbare Energien (CEE), of Hamburg, a company in which Bankhaus Lampe has a participating interest, today sealed their agreement on long-term venture capital co-operation. CEE has taken a EUR 25 million stake in Innogy Renewables Technology Fund I (IRTF I), a
RENEWABLES firm Pelamis Wave Power is searching for a “strategic partner” that will allow it to become a large-scale manufacturer of marine energy devices. The Leith-based company, known for its “sea snake” technology, announced in September that it had hired Ernst & Young to conduct a review of the
Centrica plc (“Centrica”) announced that Dame Helen Alexander, a Non-Executive Director of Centrica and Chairman of Centrica’s Remuneration Committee, will step down from the Board of Centrica with effect from 31 December 2011. Dame Helen joined the Board in January 2003. Lesley Knox will replace Da
As a result of the unusually warm weather experienced in the UK in recent months, and the corresponding impact on consumption, it is currently anticipated that Centrica’s 2011 earnings may be marginally lower than current market expectations, with the reduction in operating profits offset in part by
