Representatives from South Carolina and North Carolina met in Charlotte in June to discuss opportunities for collaborating to accelerate the development of offshore wind energy on the south Atlantic seaboard. The meeting is being heralded as a significant first step towards regional collaboration fo
NaiKun Wind Energy Group Inc. announces that on July 5, 2011 a total of 830,000 incentive stock options and 1,660,000 warrants have been granted to certain directors, officers, employees and consultants of the Company pursuant to the Company’s Stock Option Plan and the Company’s Amended and Restated
The bulk of financing for one of the most costly ever wind farms in the German North Sea has now been secured. A consortium of commercial banks and the European Investment Bank (EIB) signed the finance contract for the Global Tech I project in Hamburg . The external borrowing requirement is around E
The Crown Estate earned a net profit (income surplus) of £230.9 million in the year ending 31 March 2011, up 9.6 per cent on the previous year. This marks a record return for the business, which pays its profit to the Treasury for the benefit of the nation’s finances. For the first time The [&hellip
The Energy Technologies Institute (ETI) has announced that it will invest £25m into a state-of-the art, open access, wind turbine drive train test rig seen as crucial for the continued success and further expansion of the UK’s offshore wind industry. The indoor rig will be sited at Narec in Blyth, N
Forewind, developer of the Dogger Bank Zone, has published its first annual review, covering the consortium’s initial 18 months of activity since being awarded the offshore wind development rights for largest of the Round 3 zones by The Crown Estate. The publication aims to summarise Forewind’s prog
HOCHTIEF has a new partner for the construction and operation of dynamically positioned offshore jack-up vessels for offshore windfarms and oil&gas: GeoSea, which is part of the Belgian DEME Group, is taking over the BELUGA HOCHTIEF Offshore GmbH shares that were sold by the heavy-lift shipping comp
The UK Government’s energy statistics for the first quarter of this year and 2010 paint a mixed picture with renewables output up by 27% but… (energyefficiencynews) [mappress] Source: energyefficiencynews, July 04, 2011;
EDF Energies Nouvelles announces the signature of an exclusive partnership agreement with Danish group DONG Energy, a global leader in offshore wind energy, in response to the invitation to tender that the French government is due to launch. With over 20 years’ experience in the Northern European of
Wave energy developer, Carnegie Wave Energy Limited, advise that it has received its third milestone payment under its $12.5 million grant from the State Government of Western Australia. Carnegie has drawn down a further $1,257,452 under the financial assistance agreement following successful instal
MORE public money will be required if Inverness firm AWS Ocean Energy is to develop a successful wave power device, despite the company last week announcing a multi-million pound investment from French generator Alstom. Chief executive Simon Grey told The Inverness Courier that although Alstom’s bac
LEADING figures from the wind power industry took to a Mersey Ferry yesterday to examine plans for a £450m offshore turbine development… (liverpooldailypost) [mappress] Source: liverpooldailypost, June 29, 2011;
U.S. Energy Secretary Steven Chu announced that six projects in four states – California, Colorado, Florida, and New York – have been selected to receive nearly $7.5 million over two years to advance next-generation designs for wind turbine drivetrains. Drivetrains, which include a turbine’s gearbox
SeaEnergy PLC announced that it has today completed the disposal of its entire interest in SeaEnergy Renewables Limited (“SERL”) to Repsol Nuevas Energias S.A. (“Repsol”) (the “Disposal”). The Disposal was originally announced on June 6th and received the approval of the Company’s shareholders in Ge
