AES Subsidiary Secures Financing for 22 MW North Rhins Wind Farm in Scotland

The AES Corporation announced that its wholly-owned subsidiary, Wind Energy (North Rhins), Limited, secured £35.1 million in long-term financing to construct and operate the 22 MW North Rhins wind farm in Scotland, UK. The £35.1 million facility is a non-recourse senior project construction and term loan from Barclays Commercial Bank. The loan is... 

FMC Technologies Awarded $45 Million Contract for StatoilHydros Heidrun North Project

FMC Technologies, Inc. announced that it has been awarded a contract from StatoilHydro for the manufacture and supply of additional subsea equipment for its Heidrun North project, located in the Norwegian Sea. This contract, valued at approximately $45 million in revenue, is a call-off from a previously announced frame agreement signed in 2007 with... 

Marine Energy Market: Huge Potential for the UK

Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs. The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between... 

Tag: marine power industry trends, europe wave energy market, redouane megateli, marine energy industry in uk, uk energy industry competition

Wire-Free Power Energizes Mobile Consumer Electronic Devices in the UK

WildCharge Inc., a company that revolutionizes the charging and powering of mobile devices with its patented, environmentally-friendly, wire-free electric power technology, announced the availability of its charging pads and adapters for the popular BlackBerry Pearl and Curve smartphones in the UK beginning October 1st 2008. The company plans to offer... 

Tag: electronic chargingpad

Aggreko Supplies Power to Beijing Olympics Opening Ceremony

Aggreko, the global leader in temporary power and temperature control, today played a crucial role in supporting the Opening Ceremony of the 2008 Olympic Games in Beijing. Aggreko was responsible for the supply of power to both the National Stadium and the International Broadcast Center, which was responsible for transmitting the ceremony to an estimated...