Aquamarine Power agrees funding deal
SCOTTISH wavepower developer Aquamarine Power (AP) said yesterday it had agreed a £3.4million loan with Barclays Corporate in a deal marking an important milestone for investment in the marine energy sector.
SCOTTISH wavepower developer Aquamarine Power (AP) said yesterday it had agreed a £3.4million loan with Barclays Corporate in a deal marking an important milestone for investment in the marine energy sector.
ABERDEEN oil service company Omega Completion Technology (OCT) said yesterday it had invested £2million in a new building at Dyce as part of expansion plans which will also see a 20% bigger workforce.
AMBITIOUS plans to build a major windfarm on the slopes of a popular north-east hill have been revised following fears it could impact on Scotland's only white horse monument.
Japanese firm Marubeni Corporation said today it believed offshore wind was a "tremendous growth opportunity" after agreeing to take a 49% stake in Dong Energy's Gunfleet Sands offshore windfarm.
PLANS for a proposed new windfarm in central Caithness are to go on public display for the first time next week.
THE owners of a Mearns windfarm have revised their expansion plans following consultation with the community.
PROPOSALS to build two wind turbines near a controversial windfarm in Aberdeenshire will go before councillors again next week.
A WELSH company that majors on windfarm construction is opening an office in Inverness, following a raft of new contracts in the renewables sector.
MARINE-SAFETY specialist Survival Craft Inspectorate (SCI) has won a multimillion-pound deal to supply and service life-saving equipment for Shell's operations in the southern North Sea.
THE world's first high pressure (HP) retrievable bridge plug capable of withstanding a differential pressure of 15,000psi (pounds per sq in) makes its debut at Offshore Europe this week.
WORK has started on the construction of six industrial units for the renewable-energy sector in Orkney.
GLOBAL data-storage giant EMC is looking to open an Aberdeen office to cater for a growing list of oil and gas-industry clients.
Keith Findlay
A SERIES of public meetings to discuss controversial plans for a £200million windfarm off the coast of Aberdeen will get under way next week.
THE future commerciality of the marine energy industry is being put under the spotlight by a group of MBA oil and gas students at Aberdeen Business School.
DEVELOPERS behind a nine-turbine windfarm scheme for Donside will put plans on display at two public exhibitions in September.
RENEWABLE-ENERGY firms in the north-east are confident about their prospects and ready to grow, a survey of the industry has revealed.
THE European offshore wind market could offer huge opportunities to firms in the UK but issues over financing will dictate how fast it takes off, an event in Aberdeen was told last night.
GLOBAL renewable-energy developer Mainstream Renewable Power yesterday announced the signing of an agreement for lease with the Crown Estate for its 450-megawatt Neart na Gaoithe project.
A CONSULTANT for the Cairngorm National Park Authority told the Dava Moor windfarms inquiry yesterday that turbines would be visible from some of the most "iconic and sensitive" high ground in Scotland.
ITF, the industry technology facilitator for the global oil and gas business, said yesterday it was increasing its international footprint.
US-based renewable-energy specialist Ocean Power Technologies (OPT) said yesterday it had started trials of a new wave-power device in its PowerBuoy range.
ENERGY regulator Ofgem has stepped up its investigation into the big six energy suppliers by appointing a specialist team of accountants to investigate how they calculate their profits.
ENERGY service group 3Sun is looking to expand its Scottish and European operations after opening offices in Aberdeenshire and Norway.
OFFSHORE and marine service company Kongsberg Maritime said yesterday it had secured an order worth more than £1million from Dutch engineering consultant Fugro for underwater cameras made at Wick and imaging sonars manufactured elsewhere.