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NewsBusiness & Finance
Ocean Energy Uncertain, According to Speakers at Washington State Ocean Energy Conference (USA)
News

Ocean Energy Uncertain, According to Speakers at Washington State Ocean Energy Conference (USA)

Ocean tides, waves and currents could theoretically produce enough energy to supply the Northwest’s power needs far into the future… (menafn) [mappress] Source: menafn, November 10, 2011; Image: kitsapconferencecenter

about 14 years ago
Marylandese to Voice their Opinion on Proposed Offshore Wind Farm (USA)
News

Marylandese to Voice their Opinion on Proposed Offshore Wind Farm (USA)

The Maryland chapter of the Sierra Club is hosting a town hall meeting at the Randallstown Community Center Nov. 16 – one of several across the state… (carrollcountytimes) [mappress] Source: carrollcountytimes, November 10, 2011;

about 14 years ago
Suzlon Eyes European Offshore Wind Market (Germany)
News

Suzlon Eyes European Offshore Wind Market (Germany)

The economic headwinds currently blowing through Europe are unlikely to buffet Suzlon, India’s biggest maker of wind turbines, too… (business-standard) [mappress] Source: business-standard, November 10, 2011; Image: repower

about 14 years ago
EIB Considers Raising Loan Price for Renewable Energy Projects (Luxembourg)
Business & Finance

EIB Considers Raising Loan Price for Renewable Energy Projects (Luxembourg)

The European Investment Bank may raise the price of loans to renewable energy projects to bolster capital as demand for funds rises, the bank’s climate chief said. “You could say that this year’s projects have to pay a bit more for next year’s borrowers, but it all goes back into the business,” Chri

about 14 years ago
Vestas Announces Change of Organisation (Denmark)
Business & Finance

Vestas Announces Change of Organisation (Denmark)

Earlier today, Vestas released a company announcement with the financial results for the third quarter of 2011. Today, Ditlev Engel, President and CEO, informed Vestas’ employees about the company’s future focus areas. In the short term, these focus areas will be marked by difficult market condition

about 14 years ago
Smart Grid to Power Isle of Wight (UK)
News

Smart Grid to Power Isle of Wight (UK)

The Isle of Wight is to become a test-bed for smart grid technology through a new partnership that brings together some of the leading… (greenwisebusiness) [mappress] Source: greenwisebusiness, November 09, 2011; Image: wightabout

about 14 years ago
Vestas 3Q EBIT Down to EUR 84 Million (Denmark)
News

Vestas 3Q EBIT Down to EUR 84 Million (Denmark)

Vestas generated revenue of EUR 3,798m in the first nine months of 2011, which was in line with the year-earlier period. EBIT declined by EUR 136m to EUR (84)m. The EBIT margin was (2.2) per cent. The free cash flow improved significantly to EUR (218)m from EUR (878)m in the first nine months of 201

about 14 years ago
US Wind Market to Peak in 2012, Says Vestas CEO
News

US Wind Market to Peak in 2012, Says Vestas CEO

The U.S. wind turbine market is likely to peak in 2012 and decline significantly in 2013 due to the expiry of tax credits, the head… (reuters) [mappress] Source: reuters, November 09, 2011

about 14 years ago
Importance of Setting ‘Binding Targets’ for Renewables (Belgium)
Business & Finance

Importance of Setting ‘Binding Targets’ for Renewables (Belgium)

The EU Commissioner for Climate Change emphasised the role of targets in boosting investments in renewable energy at an EWEA event last night. “It makes good business sense to invest in renewables yet people aren’t doing it”, said Commissioner Connie Hedegaard, pointing out that “this is one lesson

about 14 years ago
Wind Power Installations to Represent USD 153 Billion Global Industry by 2017 (USA)
News

Wind Power Installations to Represent USD 153 Billion Global Industry by 2017 (USA)

Wind power now accounts for the majority of the world’s non-hydropower renewable electricity capacity. Now that wind power has reached approximately one-fifth of total electricity generation in some countries, most in the energy industry appreciate it as a mainstream technology that is key to not on

about 14 years ago
Geoships Expands its Fleet with Two Multi Purpose Offshore Vessels (UK)
News

Geoships Expands its Fleet with Two Multi Purpose Offshore Vessels (UK)

SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment

about 14 years ago
Greater Consolidation for Wind Energy Market with Fewer but Stronger Participants (UK)
Business & Finance

Greater Consolidation for Wind Energy Market with Fewer but Stronger Participants (UK)

The European wind energy market is just starting to recover from the economic downturn in 2009. As demand stabilises, steady growth is forecast. At the same time, the market is poised for greater consolidation that will result in the emergence of fewer but stronger participants. New analysis from Fr

about 14 years ago
EU to Meet 31 pct of Climate Target by 2020 (Belgium)
News

EU to Meet 31 pct of Climate Target by 2020 (Belgium)

European wind power production will meet a massive 31% of the emissions reduction required by the current EU climate target. Today the European Wind Energy Association (EWEA) published a new report revealing that by 2020, the EU wind industry would avoid 342 million tonnes of CO2, equivalent to 31%

about 14 years ago
SSE Publishes Half Year Results (UK)
Business & Finance

SSE Publishes Half Year Results (UK)

SSE plc has announced their half year results for the six months to September 2011. Lord Smith of Kelvin, Chairman of SSE, said: “There is no doubt that 2011 has been characterised by turmoil in the global energy markets, economic uncertainty across much of the world and widespread concern about the

about 14 years ago
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