Offshore Wind
Subsidies for Renewables, Good or Bad?
Generous subsidies for renewables are unsustainable and have contributed to electricity prices for residential consumers more than doubling in Germany, placing a strain on consumers and the economy there. In addition, renewable subsidies have clearly generated disequilibrium in the power markets, as
Rix Lion Named at Grimsby Docks
Earlier this month, the Rix Lion was officially named at a ceremony that took place at Grimsby Docks. The Rix Lion is the newest edition to the Rix Sea Shuttle fleet of offshore support and crew transfer vessels. Built by Damen shipyards, The Rix Lion is the largest vessel on the fleet at 26.3m. Bui
Seals Fancy Offshore Wind Turbines
Offshore wind turbines can provide valuable feeding opportunities for the wildlife population in the area, according to new research carried out by the University of St Andrews. The study, published on Monday, 21 July, in the journal Current Biology, found that some seals appeared to deliberately se
SmartBuoy Deployed at National Test and Demonstration Site – Galway
A SmartBuoy was deployed to the National Test and Demonstration Site – Galway on April 15th 2014. The test site is a specially marked area about 1.5 km off the northern shore of the bay, close to Spiddal, where ocean energy conversion devices and new marine instruments and technologies can be tested
SmartBuoy Deployed at National Test and Demonstration Site – Galway
A SmartBuoy was deployed to the National Test and Demonstration Site – Galway on April 15th 2014. The test site is a specially marked area about 1.5 km off the northern shore of the bay, close to Spiddal, where ocean energy conversion devices and new marine instruments and technologies can be tested
MarineSpace Hires Former MCT Project Manager
MarineSpace Ltd announce that Joseph Kidd has joined the team as Technical Director. Joe has over ten years experience working on a wide range of energy projects, and eight years working specifically in the offshore renewables energy industry. As the Project Development Manager at MCT Siemens for th
Blue Water to Aid Offshore Wind Development in North Sea
When the construction of the three large offshore wind parks in the Nort Sea, Borkum Riffgrund, Westermost Rough and Butendiek commences, Blue Water will provide a range of port agency services for all three projects. “In cooperation with the client, we will plan and handle the terminal and stevedor
Wirral Could Cash In £250K Yearly from Wind Farm Expansion
Proposed expansion of a Liverpool Bay offshore wind farm could trigger the setting up of an annual £250,000 community fund as well as investment and new jobs in Wirral’s energy sector. Dong Energy, one of Europe’s leading energy groups, has submitted proposals to expand its existing Burbo Bank wind
Wirral Could Cash In £250K Yearly from Wind Farm Expansion
Proposed expansion of a Liverpool Bay offshore wind farm could trigger the setting up of an annual £250,000 community fund as well as investment and new jobs in Wirral’s energy sector. Dong Energy, one of Europe’s leading energy groups, has submitted proposals to expand its existing Burbo Bank wind
Hexicon Cashes in EUR 1.23 Mln
Hexicon Ltd has successfully completed a rights issue of 11.4 MSEK (EUR 1.23 million) to secure the development of Hexicon’s innovation for offshore wind at deep waters. The rights issue allows a faster and more robust implementation of the new strategy to develop floating platforms for offshore win
GIB Expands Offshore Wind Team
The UK Green Investment Bank (GIB) has today announced two new senior appointments. Nick Gardiner will take on the role of Managing Director, Offshore Wind and Karl Smith will take on the role of Fund Managing Director. Gardiner will lead GIB’s offshore wind direct investment team. Since its launch
GIB Expands Offshore Wind Team
The UK Green Investment Bank (GIB) has today announced two new senior appointments. Nick Gardiner will take on the role of Managing Director, Offshore Wind and Karl Smith will take on the role of Fund Managing Director. Gardiner will lead GIB’s offshore wind direct investment team. Since its launch
TenneT Refinances Credit Facilities
TenneT Holding B.V. refinanced its existing EUR 1,125 million and EUR 500 million revolving credit facilities with a single facility of EUR 2 billion. The pricing of the facility, which can be used for general corporate purposes, was decreased and the maturity date was extended to July 2019 with two
GIA Initiates Wind Power Market Research Program
GIA announced the launch of a major research program analysing the trends impacting the market for “Wind Power”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new repo