Offshore Wind
UK Green Investment Bank Officially Opens for Business
Business Secretary Vince Cable has declared the UK Green Investment Bank plc (UK GIB) officially open for business and announced two new investments. The ground breaking institution has been funded with £3 billion of Government money and will mobilise additional private capital to make a significant
Gwynt y Môr Staff Assists with Rescue Operations in Flooded St Asaph, UK
Staff and equipment working on the construction of the offshore wind farm, Gwynt y Môr, have been mobilised to assist with the rescuing of people from flooded homes in St Asaph. More than twenty people, along with JCBs and a telehandler, are working with the local authorities to evacuate people stra
The Netherlands: DNV KEMA Expands High-Power Laboratory to Facilitate Super Grids
Energy consulting and testing & certification company DNV KEMA will invest approximately EUR 70 million in the expansion of its High-Power Laboratory in Arnhem, the Netherlands. With the expansion, DNV KEMA creates the first laboratory in the world in the extreme testing segment for the upcoming mar
UK: EMR to Attract Largest Offshore Wind Investment
A survey undertaken by Freshfields Bruckhaus Deringer law firm has shown that the Electricity Market Reform (EMR) proposals will pave the way for the largest investment increase to offshore wind, Utility Week news site writes. The survey covered opinions of around 100 industry executives, of which 7
UK: Secretary of State Announces Members of Offshore Wind Programme Board
Secretary of State Edward Davey today announced the membership of the industry-led Offshore Wind Programme Board which is chaired by Adam Bruce, the Global Head of Corporate Affairs at Mainstream Renewable Power. The Offshore Wind Programme Board has been established following the recommendations in
UK: Secretary of State Announces Members of Offshore Wind Programme Board
Secretary of State Edward Davey today announced the membership of the industry-led Offshore Wind Programme Board which is chaired by Adam Bruce, the Global Head of Corporate Affairs at Mainstream Renewable Power. The Offshore Wind Programme Board has been established following the recommendations in
UK: Bristol Channel Holds Great Renewable Energy Potential, Says Report
A new report launched today suggests that a combination of innovative technologies could generate significant low carbon energy, and economic benefits from the Bristol Channel, without the need for a large scale barrage. The report has been issued by renewable energy experts Regen SW and consultancy
Germany: GL Hosts ‘3D Technology in Shipbuilding and Shipping’ Exchange Forum
Ships and offshore units are specialist structures with high requirements for efficiency and availability throughout their entire life cycle. Many of the processes, from draft via production all the way to operation, can be supported by 3D models and computer graphics. How can the actual dimensions
Spain: IREC, XaRmae to Organize Workshop on High Temperature Superconducting Wind Turbines
The Catalonia Institute for Energy Research (IREC) and the XaRmae are organizing the workshop “Electrical Machines with High Temperature Superconducting Technology for Wind Power Applications “. The event will take place on Thursday 13 December. The workshop is an opportunity to analyze the types of
MCT to Take Part in Public Information Day in Kirkwall, UK
Siemens’ Marine Current Turbines (MCT) will be at Kirkwall Town Hall on Thursday (29th November, 3.00pm to 8.00pm) to share its outline plans for its Brough Ness tidal project. MCT is one of a number of tidal and wave energy developers who will be exhibiting at the event. The event, an opportunity f
UK: Offshore Renewables Business Powers Up with Investment Funding
Independent offshore renewables development business, Trident Energy, has secured an investment of £180,000 from the Low Carbon Innovation Fund (LCIF) as part of a total funding package worth more than half a million pounds. The LCIF is managed by green merchant bank Turquoise International and the
Denmark: Vestas Reaches Agreement on Credit Facilities Reached
In July 2012 (ref. company announcement No. 30/2012 of 31 July 2012), Vestas agreed with its lenders to defer the half-year testing of the financial covenants. Following this and during the autumn of 2012, Vestas has conducted a thorough review of the future funding requirements of the company’s new
UK: Countdown to Deadline for Offshore Achievement Awards
The recent boom in the energy industry is being reflected in the increased interest for this year’s Offshore Achievement Awards. Inquiries for the Significant Contribution award are already much higher than last year, after the category was widened to take into account a greater number of potential
UK: Ofgem Welcomes DECC’s Announcement on Energy Policy
Ofgem has welcomed DECC’s announcement on energy policy. Ofgem’s Senior Partner for Markets Andrew Wright said: “Ofgem welcomes today’s announcement by DECC on the future of energy policy. We will continue to work constructively with Government to get the best outcome for consumers both now and in t