Norwegian ship designer and shipbuilder Ulstein plans to increase its presence in the offshore wind industry after posting a NOK 95 million loss in the quarter ended 31 March 2016 due mainly to a downturn in the offshore oil and gas sector. ”The downturn in the offshore sector and a tricky market ha
Hamburg-based wind turbine maker Senvion recorded EUR 29 million revenue generated by its offshore wind segment in the first quarter of 2016, a 3.6% increase compared to EUR 28 million offshore wind-related revenue reported for the same period a year earlier. Net firm orders for the quarter stood at
Kosmos Energy has made a significant gas discovery at its Teranga-1 exploration well offshore Senegal. Located in the Cayar Offshore Profond block approximately 65 kilometers northwest of Dakar in nearly 1,800 meters of water, the Teranga-1 well was drilled to a total depth of 4,485 meters. The well
Water Wall Turbine (WWT) is progressing well with the construction of its floating tidal energy turbine planned to be deployed for testing off Dent Island this year.
Atlantis Resources has completed the acquisition of Scottish tidal project assets from ScottishPower Renewables (SPR) in exchange for a stake in the Atlantis’ wider development portfolio.
Experts from across Ireland gathered at National University of Ireland (NUI) Galway last week for a symposium on ‘Research, Development and Innovation in Marine and Renewable Energy in Ireland’.
Falmouth-based wave energy developer, Seatricity, is waiting for suitable weather conditions to redeploy Oceanus 2 wave energy converter off Cornwall, following the completion of the refitting operations on the device.
The independent review of tidal lagoons will be led by UK’s former energy minister Charles Hendry.
Four institutions, including the US Department of Energy (DoE), have formed a partnership to support renewable energy and energy efficiency in the Caribbean region.
Swedish tidal energy developer Minesto is looking for new additions to its team with various job openings.
An advanced spar floater built for the 14 MW Fukushima Forward floating wind farm demonstration project started its journey to the port of Sumoto, Awaji Island, on 2 May, where it will be connected to a 5 MW downwind turbine manufactured by Hitachi Ltd, and transported off Fukushima Prefecture for i
Renewable generation will become the safest investment choice in the power market and dominate power generation new builds in the next ten years, DNV GL predicts in its Technology Outlook 2025. DNV GL identified ten technology trends in materials, wind, solar, electricity storage, data-communication
It is crucial that the Australian Renewable Energy Agency (ARENA) has clear and long-term access to grant funding to deliver the renewable energy innovation that will create a 21st century energy system, the Clean Energy Council said.
Wind power installed capacity in China will more than treble from approximately 149 Gigawatts (GW) in 2015 to over 495 GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting firm GlobalData. The company’s latest report, Wind Power in China, Market O
