Yesterday, Vestas has disclosed a company announcement outlining its organizational changes. Globally, Vestas expects to lay off 2,335 employees by ceasing manufacturing at a factory, merging production units and centralising administrative functions. Additional cost reductions are being prepared as
Fugro confirms that the earlier forecast of more than EUR 260 million net profit and about EUR 2.5 billion turnover will be achieved. About EUR 6 million from the EMGS shareholding comes on top of the aforementioned profit. The turnover increase of about 10% compared to 2010 comes from the growth in
The sole shareholder Willi Balz has provided the board with a new course for sustainable growth of Windreich AG. Dr. Ing. Axel Muller, director of Transporter Industry International GmbH, who has been a member of the Windreich Supervisory Board since the founding, will chair the Supervisory Board. H
If measured by the turnout at the rally at the Annapolis state house on Wednesday, of all the issues confronting the Maryland General… By Keith Harrington (huffingtonpost) [mappress] Source: huffingtonpost, January 13, 2012
The MOD has agreed a deal for energy companies to fund new wind-farm-friendly radars, with the potential to unlock more than four gigawatts (GW) of renewable energy – enough to power over two million homes. A new Air Defence Radar that is not adversely affected by wind farms has been installed and t
A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the U
The government is to invest over £10 million in new research and development to help demonstrate that wave and tidal energy can be generated at scale, and with lower energy production costs. Marine Energy – Supporting Array Technologies is a competition for collaborative R&D funding that will suppor
Scottish Equity Partners (SEP) has raised a new £95 million fund to invest in innovative green energy businesses in a deal involving the acquisition of a portfolio of clean energy assets from SSE Ventures, the investment arm of FTSE 100 utilities company SSE plc. SEP raised the new secondaries fund
Nova Scotia Power may have a tidal turbine back in the water this year but it’s more likely to be early 2013, says the CEO of parent company Emera. By Joann Alberstat (thechronicleherald) [mappress] Source: thechronicleherald, January 12, 2012; Image: openhydro
The two Northern French ports of Le Havre and Dieppe are in line for an industry injection that can bring new 21 st century technology into their traditional maritime economies. Offshore wind energy is about to arrive on their doorsteps, bringing with it the complete supply chain for manufacturing,
The EU achieved its 2010 renewable electricity target of 21% of electricity consumption according to latest analysis by the European Wind Energy Association (EWEA). (The EU’s 2001 Renewable Electricity Directive set a target of 21% electricity from renewable sources for 2010). In 2010 renewable ener
Gamesa, a global technology leader in wind energy, will attend the III Manten-er trade fair, which begins today in Valladolid, with new offerings in the area of operation and maintenance (O&M) services for the wind energy market. These developments include the European and international launch of Ga
The three 100kW modules for the project Wave Roller arrived to Peniche Shipyard (PNS) on January 2. This is the latest technology from a Finish company, AW-Energy Oy, which produces energy from the waves. These generators are going to be installed near the sea shore of Peniche, where the prototype w
Public consultation on the proposed Hull wind turbine factory started today, BBC reports. Future factory could provide around 700 working places. The Green Port Hull facility will be sited in the Alexandra Dock area of the city, with Siemens investing £80m and ABP £130m in the port infrastructure. G
