Search results for: Development Bank of Wales

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  • 6 August 2019
    Business & Finance, Technology

    Bombora, a wave energy technology developer, has secured a seven figure working capital facility with the Development Bank of Wales in a move that will help secure the company’s future in Wales. Last year the company was awarded a £10.3m grant from the European Regional Development Fund through the Welsh Government. The new working capital […]

  • 12 August 2019
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology has compiled the top news from marine energy industry from August 05 – August 11, 2019. Carnegie Plans CETO Project Comeback Eco Wave Power, EDF Set Up Israel Joint Venture Atlantis Launches GBP 7 Million Bond Bombora Secures Investment from Development Bank of Wales Xodus Probes Scottish Offshore Renewables

  • 30 October 2019
    Research & Development, Technology

    Bombora has launched a tender call for the supply of subsea cables and connectors for its mWave wave energy converter. The Perth-born wave power company with its European base at Pembroke Dock, has set the deadline for receipt of completed tenders for November 25, 2019. Bombora also said that the contract could be awarded by […]

  • 6 February 2015
    Business & Finance, Project & Tenders

    The First Minister of Wales, Rt. Hon Carwyn Jones, has visited the Northern Gateway Flood Defense Strengthening Scheme, in Deeside, as part of his commitment to kick-start the development of the largest strategic employment site in North Wales. On visiting the site, the First Minister was given a tour of the current flood prevention works […]

  • 16 February 2015

    The European Investment Bank has agreed to provide GBP 51 million backing for the GBP 352 transmission link to the second largest wind farm in the world. The Gwynt y Môr offshore wind farm, located in Liverpool Bay, eight miles off the north Wales coast, will produce enough electricity to cater for the energy needs […]

  • 31 March 2014
    Business & Finance

    Maf Smith of RenewableUK backed the offshore wind investment announcements made today by the Green Investment Bank. The announcements stated the Green Investment Bank was investing jointly with the Marubeni Corporation to purchase a 50% share in Dong Energy’s Westermost Rough wind farm, which is being built off the coast of East Yorkshire, and also […]

  • 3 March 2015

    Balfour Beatty has been awarded a £12 million scheme to develop an onshore substation to facilitate the transfer of electricity from the Burbo Bank Extension wind farm in North Wales to the National Grid for Dong Energy. The substation will be located at Bodelwyddan, south of the St Asaph Business Park in Denbighshire, where it […]

  • 29 February 2016
    Business & Finance

    The completion of a major flood risk management scheme was marked with a visit to Dolgellau by Welsh Government Natural Resources Minister Carl Sargeant on Thursday, 25 February. Funded by the Welsh Government, the £4.9 million scheme reduces the risk of flooding for 310 homes and businesses. Completed in the Autumn last year, the scheme has […]

  • 26 August 2015

    Rhyl Flats Offshore Wind Farm Community Fund has so far invested £600,000 in local projects and charities in North Wales. RWE Innogy UK’s wind farm located off the coast of North Wales between Abergele and Rhos-on-Sea, has been investing in community causes since the project became operational in 2009. The annual fund is worth over […]

  • 21 April 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Macquarie Group is reportedly looking to take an equity stake in the Swansea Bay tidal lagoon project following the acquisition of the UK Green Investment Bank.

  • 31 March 2014
    Business & Finance

    RWE Innogy has today agreed terms for the sale of a 10% share in its Gwynt-y-Mor offshore wind farm with the UK Green Investment Bank. RWE Innogy will generate £220m of new capital as a result of the sale, which will be reinvested into other renewable energy projects within its extensive portfolio. The transaction will […]

  • 20 December 2019
    Research & Development

    The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in Burundi. The project consists of two plants, each featuring a solar and a hydro component as well as a local distribution network and interconnection to the national power grid. […]

  • 2 July 2010

    Two major initiatives are boosting port expansion and development in Australia – one is part of new Australian agreements with China. The other is a major initiative by the New South Wales government. The Chinese inputs include support for rail and deepwater port construction in Oakajee, Western Australia, and a rail line and coal terminal […]

  • 10 July 2012

    From July 12 a series of public exhibitions starts along the North Devon and South Wales coasts, regarding revised plans for the Atlantic Array Offshore Wind Farm. The new proposal from RWE npower renewables includes asmaller number of turbines, from the initially proposed 417 to the currently presented 278, thus the horizontal spread and density […]

  • 6 November 2019
    Business & Finance

    ANZ will serve as financial adviser for EPIK’s Newcastle GasDock LNG import terminal in New South Wales.

  • 6 July 2020
    Project & Tenders

    Awel y Môr offshore wind farm has secured an Agreement for Lease with the Crown Estate for a 106-square-kilometre seabed area located to the west of the existing Gwynt y Môr offshore wind farm. Namely, in February 2017, the Crown Estate invited operators of the existing offshore wind farms in the UK for expressions of […]

  • 4 August 2010

    RWE Innogy and ABB have today signed a contract for delivery of underwater cable for the offshore wind farm “Nordsee Ost”. In total, ABB will supply around 63 kilometres of sea cable. They will be used to network the 48 wind turbines of the wind farm with one another and connect them to an offshore transformer station. The undersea cable will be produced by an ABB subsidiary in Sweden. The contract is valued at around EUR 10 million.

  • 10 April 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The proposed Swansea Bay tidal lagoon scheme could reportedly be given a go-ahead from the UK government in June.

  • 14 September 2010

    Contract value of around EUR 35 million. Preparation for construction of Gwynt y Môr offshore wind farm on schedule. RWE Innogy and nkt cables GmbH have today signed a contract for the manufacture and delivery of high-voltage sea cable for the Welsh offshore wind farm “Gwynt y Môr”. In total, nkt cables will produce around […]

  • 23 April 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 17 – 23, 2017.

  • 17 March 2011

    At the beginning of March, the first of two offshore installation vessels owned by RWE was officially launched after only seven months of construction. The works are thus already a month ahead of the original time schedule. The final large-scale components, the main crane and the jack-up legs, will be installed over the next few […]

  • 11 August 2017

    The Reserve Bank of Australia said that LNG exports are expected to contribute almost 0.5 percentage point to GDP growth per year between 2017 and 2019.