article thumbnail

Company Plans Offshore Wind Farm Off Central Coast

socalTECH

A wind energy development company, based in Chicago, said it has secured an offshore wind lease off of the Central California Coast. According to Invenergy California Offshore LLC, it has secured a lease for 80,418 acres of seabed for operating an offshore wind development. THe bid was worth $145.3M.

Offshore 100
article thumbnail

EDF Renewables, Shell In Joint Venture On 2500MW Offshore Wind Project

socalTECH

According to the two, the area has the potential to produce approximately 2,500 megawatts of offshore wind energy. If built to capacity, the project would be a significant increase in EDF Renewables' offshore wind portfolio: the company says it currently has 2,800 MW of offshore wind in Europe. READ MORE>>.

Offshore 140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Recommendations Before Funding An Appealing Startup

Startup Professionals Musings

Any mention of “offshore.” Watch out if someone has a complex plan involving offshore bank financing or gemstones or oil leases in Iran to make you rich. Remember the old newspaper publishing rule of “All facts must be verified by two independent sources.”

Startup 91
article thumbnail

Mojix Selected By BP

socalTECH

Los Angeles-based passive RFID tracking technology provider Mojix said last week that it has been selected by BP , for a $7 billion, offshore drilling project. mojix offshore drilling rfid wireless tracking asset' Mojix said it will provide its technology for an oil platform product in the North Sea off the coast of Scotland.

article thumbnail

Wave Neuroscience Acquires Newport Brain Research Laboratory

socalTECH

Newport Beach-based Wave Neuroscience , a newly formed startup, says it has acquired a number of assets from Newport Brain Research Laboratory (NBRL), along with "many different onshore and offshore holding companies" owned by NBRL, as part of its efforts to provide non-invasive neuromodulation technology.

Research 100
article thumbnail

Alorica Pays $275M For BPO Business, Tops 48,000 Employees

socalTECH

Alorica said it has also hired 1,500 nearshore employees in Jamaica and Mexico, 5,400 offshore employees in the Philippines, and 18,400 domestic employees to the company--bringing the company''s total employee base to over 48,000. Alorica said that those businesses represented approximately $580M in revenues for West in 2014. READ MORE>>.

Offshore 100
article thumbnail

Effort To Punish China Might Hit LA Instead

socalTECH

Apparently, the little known provision in the national defense bill was inserted on behest of American electric bus manufacturers, who claim that BYD's buses would make it easier for China to spy on offshore Chinese nationals. BYD employs around 700 people in Lancaster. READ MORE>>.