Narec’s KTP Project to Develop Monitoring Techniques for Tidal Turbines

first_imgNarec has been awarded a new Knowledge Transfer Partnership project funded by the Technology Strategy Board in association with Newcastle University.The project which started in May 2014 and runs for three years aims to develop cost effective and feasible condition monitoring techniques optimised for wind and tidal turbine nacelle systems, particularly drivetrain and DC-link capacitors.This new addition means that Narec now has a total of three KTP projects in place addressing technical challenges associated with condition monitoring techniques for power electronics and another looking at structural testing methods of wind turbine blades.Press Release, May 13, 2014last_img

GC Rieber Not Getting Paid for Reef Subsea Sale

first_imgGC Rieber Shipping ASA said that The HV V Golf companies have not fulfilled the obligations related to the seller’s credit, regarding the sale of the company’s shares in Reef Subsea.Namely, after Reef Subsea had a significant negative result in the fourth quarter 2013, on January 28 2014, the Norwegian offshore/shipping company entered into an agreement to sell its stake in Reef Subsea AS to HV V Invest Golf AS and HV V Invest Golf II AS, two investment companies of the private equity fund HitecVision V, LP.According to GC Rieber, the transaction included the provision of a seller’s credit, inclusive of provided guarantees, of 180 million Norwegian crowns to the two HV V Golf companies. In addition, accrued interests on the seller`s credit amount to NOK 10 million.However, the company announced today that HV V Golf companies failed to fulfill its obligations related to the seller’s credit and this has now become due and payable.GC Rieber Shipping has reasons to believe that the HV V Golf companies will not fulfill the terms of the agreement.Furthermore, GC Rieber Shipping has sent a notice of default to the two HV V Golf companies.“As these two entities own the company and group Reef Subsea AS, it is GC Rieber Shipping’s opinion that there may be significant risk related to GC Rieber Shipping’s outstanding receivables for the charter of vessels to subsidiaries of Reef Subsea. The outstanding receivables amount to NOK 45 million,” the company said in a statement.In addition, GC Rieber Shipping said it will seek to recover amounts due through established collateral in Reef Subsea AS.last_img

60,000 reasons to smile this Christmas

first_img Share 115 Views   no discussions Share Digicel’s christmas promotion launch with sponsors HHV Whitchurch and staff of DigicelA joint promotion between a telecommunications company and a supermarket will, this Christmas season, offer patrons sixty thousand (60, 000) reasons to smile.Digicel and Whitchurch IGA Supercenter has rolled out their “60,000 reasons to smile this Christmas” promotion on Friday November 30th in Roseau.In this $60,000 promotion there will be three grand prize winners.The first grand prize winner will walk away with $10,000 in cash plus a Whitchurch IGA Supermarket sweep of up to $10,000.The second and third prize winners will each win a Whitchurch IGA Supermarket Sweep of up to $10,000.In addition to the three grand prizes, fifteen customers will each get a chance to win $1,000 daily for the fifteen days countdown to Christmas on 25th December.Forty-two persons will receive grocery vouchers redeemable at Whitchurch IGA Supercenter Roseau and Portsmouth branches.Customers are also eligible to win credit and state of the art handsets compliments Digicel. Communications Manager at HHV Whitchurch, Kira Thompson-Aird noted at the official launching of the promotion on Friday November 30th that Whitchurch IGA Roseau and Portsmouth’s decision to partake in this promotion was an “easy one” since she believes that both brands; Whitchurch IGA and Digicel are synonymous with great value.Dominica Vibes News Sharing is caring!center_img Share Tweet LocalNews 60,000 reasons to smile this Christmas by: – November 30, 2012last_img read more

Police Increasing Patrols For Halloween Weekend

first_imgTroopers encourage everyone to Report Every Dangerous Driver (REDDI) Immediately by calling 9-1-1. KPD will also have increased patrols for the evening of Halloween: “We’ll be targeting areas that receive a high volume of trick or treaters. We’d like to remind our trick or treaters to wear something bright and watch out for cars.”  Lieutenant Ben Langham, with Kenai Police Department says officers haven’t noticed anything sinister so far, but reminds drivers to be safe over the holiday weekend: “This weekend we will have KPD officers out on patrol. Drivers, if you’ve had too much to drink stay off the road and help keep our communities safe.”  Over the weekend AST will be conducting high-visibility enforcement in an effort to keep roads safe during Halloween festivities. State Trooper Spokeswoman Megan Peters says agencies will have increased their patrols from Friday, October 27th through Tuesday, October 31: “If you have a plan to go out and party, have a plan to get home safe and make it so that anyone that’s driving with you or around you or anything else, it’s a sober time on the roadways.” FacebookTwitterEmailPrintFriendly分享Local law enforcement agencies will be increasing their patrols over the weekend in the lead-up to Halloween. Story as aired:last_img read more