£60m funding announced for Dundee ‘innovation parc’
The Scottish Government has announced £60 million in funding for a new "centre of innovation" in Dundee.
renewables
Sir Ian Wood: North-east can be world leader in exciting new sector
With more offshore wind installations than any other country in the world and a number of pioneering projects, offshore wind represents a huge opportunity for Scotland and the north-east region.
Energy transition announced as key theme of Southern North Sea conference
The transition to a lower-carbon energy sector will be the key topic of the flagship conference for the Southern North Sea next year.
Crown Estate generates £11.4m for Scottish Government in 2018
Crown Estate Scotland generated £11.4 million for The Scottish Government last year.
N-Sea wins contracts worth £11.6m in Middle East
Subsea inspection, maintenance and repair (IMR) firm N-Sea has won a series of contracts out of its Middle East base worth a combined £11.6m.
Offshore wind needs $1.2 trillion to hit climate goals, IEA says
An influx of new offshore wind farms around the world is set to draw $840 billion of investments over the next two decades, the International Energy Agency said.
Tesla posts first gain in solar panel installations since 2018
In a quarter where Tesla Inc. blew past profit expectations, even its foundering rooftop-solar business managed to stage a bit of a turnaround.
Offshore wind consultancy setting up Edinburgh base
International engineering consultancy Offshore Wind Consultants (OWC) is setting up an office in Edinburgh to capitalise on Scotland's renewable energy potential.
Orbital in multi-million-pound deal with SKF for tidal turbine kit
Orbital Marine Power has teamed up with Swedish engineer SKF for its power train supply on the world’s most powerful tidal turbine.
Retrofitting to improve asset performance – the opportunities and challenges
With the Feed-in Tariff now closed to new applicants (from 1 April 2019), the Smart Export Guarantee currently under consultation with a government busy with the Brexit agenda, stubbornly high costs of entry to new entrants (such as high grid upgrade costs), the required rates of return for investors have not been reached and as a result there has been a noticeable slowdown in the roll-out of new renewables projects.
Scottish Power boss calls out smaller rivals on ‘green’ credentials
Scottish Power is greener than many of its smaller rivals who trade "pieces of paper" that allow them to claim they offer 100% renewable electricity, the company's boss has said.
Governments must tax non-renewable energy, BP chief says
BP's chief executive has said governments need to target consumers' pockets before the energy industry will prioritise sustainable sources over non-renewables.
Ofgem ‘unable to approve’ SSE plan for £709m Shetland transmission link
Ofgem has said it is "unable to approve" SSE Network’s current plans for a £709m subsea electricity link from Shetland to the Scottish mainland.
Aker Solutions sets out green revenue targets for 2030
Aker Solutions has set out plans to derive 20% of its revenue from renewables and 25% from low-carbon solutions by 2030.
‘We must accept change is coming’ – RMT offshore boss on energy transition
The leader of RMT’s offshore branch believes it will continue to operate for at least another 30 years but must accept “change is coming”.
Winners and losers of the energy transition
The oil and gas industry currently finds itself in a situation which is far from comfortable.
Natural selection in energy transition
While the shift from hydrocarbons to renewables is far from smooth, investment opportunities in the generation, service and utility markets are proliferating as the sector landscape evolves.
Tekmar announces £6.5million acquisition of Pipeshield International
Tekmar Group has signed a deal to buy fellow subsea technology firm Pipeshield International for £6.5million.
Scotland-Japan partnership invests £21m for next wave of subsea challenges
A partnership between Scotland and Japan will inject £21m into six projects designed to tackle the next wave of challenges in the subsea industry.
Sir Ian believes Aberdeen can become clean energy world leader
North-east oil and gas doyen Sir Ian Wood says Aberdeen could be the energy capital of the world – but only if political leaders show more commitment to making it happen.
Sparrows Group hails renewables drive in ‘another year of stability and growth’
Sparrows Offshore Group has reported a boost for renewable energy in “another year of stability and growth”.
Scotland’s biggest community-owned wind farm secures £8.5m
Scotland’s biggest community-owned wind farm has secured an £8.5 million refinancing deal from Lombard and Royal Bank of Scotland, guaranteeing its continued operation and contribution to other community projects.
Shell takes 20% stake in Indian solar firm Orb Energy
Shell has taken a 20% stake in Indian solar firm Orb Energy as part of a drive to deliver a reliable source of electricity to 100 million people in the developing world by 2030.
Saudi Arabia starts offering loans to develop renewable energy
Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil.
Planning red tape could be scrapped for green developments
Developments across Scotland that help tackle climate change could no longer need planning permission under new proposals.