The UK government has today launched the UK Green Investment Bank plc (GIB) sale process to move the bank into the private sector. The transaction will involve both the sale of existing shares owned by the government and also the commitment of additional capital for GIB by new investors. The GIB sal
The UK government has today launched the UK Green Investment Bank plc (GIB) sale process to move the bank into the private sector. The transaction will involve both the sale of existing shares owned by the government and also the commitment of additional capital for GIB by new investors. The GIB sal
The Finnish Government has approved the Government Decree on General Terms of Granting Investment Aid for Renewable Energy and New Energy Technology. The investment aid is intended for future energy solutions so that Finland can achieve its national targets and the targets laid down at EU level for
The Finnish Government has approved the Government Decree on General Terms of Granting Investment Aid for Renewable Energy and New Energy Technology. The investment aid is intended for future energy solutions so that Finland can achieve its national targets and the targets laid down at EU level for
The Government of Finland has approved the investment aid scheme for renewable energy and new energy technologies as part of the country’s ongoing efforts to achieve national and EU climate goals. The Government plans to allocate a total of €80 million for the investment aid in 2017 and 2018, for in
US Senator Edward J. Markey will soon introduce legislation to extend a federal investment tax credit for renewable energy projects until 2025, expected to encourage further development of offshore wind projects in US waters, Bloomberg reports. Back in December, the US government extended the produc
Hydro Alternative Energy (HAE) has received a patent approval from the United States Patent and Trademark Office for its hydrokinetic energy conversion system. HAE’s hydrokinetic energy conversion system with buoyancy and ballast controls to harness underwater currents for the generation of electric
The nine finalists and two alternates, identified from the 17 remaining official qualified teams, will continue their quest to double the energy captured from ocean waves and win a prize purse totaling more than $2 million as part of Wave Energy Prize challenge. Each of the finalists and alternates
The US Department of Energy has granted $1.5 million to advance the commercialization of Ocean Renewable Power Company’s (ORPC) RivGen Power System. The US Department of Energy has selected Alaskan village of Igiugig to receive up to $1,540,341 to further advance the design and operation of ORPC’s m
The collaboration between Nova Scotia and Scotland on developing global tidal energy sector has been highlighted during ICOE 2016 held last week in Edinburgh. Nova Scotia and Scotland will continue a shared focus on developing supply chain capabilities to capture and serve the growing tidal energy s
Renewables have come out top of a new poll that asked people in Scotland which energy source the next Scottish government should prioritise. As Scotland heads to the polls on May 5, the YouGov survey asked more than 1,000 respondents whether the next government should prioritise the continued develo
Siemens to Deliver EnBW Hohe See Turbines & Foundations EnBW has signed a contract with Siemens AG for the supply and installation of 71 wind turbines and foundations for the EnBW Hohe See offshore wind farm. Man Injured at Gunfleet Sands Offshore Wind Farm One of the workers on board the Wind Pione
The fact that the industry is now talking about the difficulty new technologies face in trying to access UK subsidies under the Contract for Difference (CfD) scheme, is in itself a positive sign that the marine energy sector is beginning to make some headway towards the first commercial scale projec
The Wind and Water Power Technologies Office within the US Department of Energy (DoE) will host an executive summit on marine and hydrokinetic (MHK) research and development. Through this initiative, the Wind and Water Power Technologies Office (WWPTO), together with executive members from the US Do
