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Business & Finance

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RWE to Sell Part of Renewables Business via Spin-Off
Business & Finance

RWE to Sell Part of Renewables Business via Spin-Off

German utility RWE will transfer its renewables, grids and retail operations at home and abroad to a new subsidiary and list it on the stock market probably in late 2016. RWE intends to offer some 10 percent of the new company’s share capital to the public in connection with a capital increase, with

about 10 years ago
Atlantis Appoints New Director of Power Generation
Business & Finance

Atlantis Appoints New Director of Power Generation

Edinburgh-headquartered tidal power developer Atlantis Resources Limited has appointed Stephen Ward the Director of Power Generation. Ward is joining the company’s new executive management group following the relocation of Atlantis’ corporate headquarters from Singapore to Scotland. Prior to joining

about 10 years ago
PNE Wind Picks Pedersen as Interim CEO
Business & Finance

PNE Wind Picks Pedersen as Interim CEO

German wind farm developer PNE Wind has appointed Per Hornung Pedersen as the company’s interim Chief Executive Officer (CEO). Pedersen will serve as PNE Wind’s CEO from December 1 to the date of the annual general meeting of the company on May 25, 2016. Prior to joining PNE Wind, Per Hornung Peders

about 10 years ago
DONG Pens Isle of Man Lease Agreement
Business & Finance

DONG Pens Isle of Man Lease Agreement

DONG Energy has signed an Agreement for Lease with the government of the Isle of Man to explore the possibility of developing a wind farm in Manx waters off the north east coast of the island. The agreement with the Isle of Man’s Department of Infrastructure will enable DONG to carry out preliminary

about 10 years ago
Update: E.ON Approved to Appeal in Robin Rigg Case
Business & Finance

Update: E.ON Approved to Appeal in Robin Rigg Case

The UK Supreme Court has approved E.ON’s application to appeal against a ruling in favour of MT Højgaard from April 2015 regarding the Robin Rigg offshore wind farm dispute. E.ON will now bring the case to the Supreme Court, and MT Højgaard said it does not expect a final decision to be made before

about 10 years ago
20 Countries Pledge to Double Clean Energy R&D Investment
Business & Finance

20 Countries Pledge to Double Clean Energy R&D Investment

20 countries have launched Mission Innovation in Paris today, committing to double their governmental and/or state-directed clean energy research and development investment over five years and make clean energy widely affordable. The countries participating in the new initiative include: Australia,

about 10 years ago
COP21 Starts
Business & Finance

COP21 Starts

The UN Climate Change Conference in Paris was officially opened at 10 am local time today, and will kick off with a Leaders Event where an estimated 150 presidents, prime ministers and heads of states will deliver their speeches. This is the twenty-first session of the Conference of the Parties (COP

about 10 years ago
Top News of the Week Nov 23 – 29, 2015
Business & Finance

Top News of the Week Nov 23 – 29, 2015

Crown Estate Creates Offshore Wind Interactive Map The Crown Estate has launched an interactive map that shows the estimated percentage of UK electricity demand being met by offshore wind on an hourly basis. Vibratory Piling Faster and Less Noisy, Tests Show Results of a project testing vibratory me

about 10 years ago
Statoil Picks MacGregor Mooring Systems for Hywind
Business & Finance

Statoil Picks MacGregor Mooring Systems for Hywind

Cargotec’s MacGregor has won an order for substructure connection mooring systems for Statoil’s Hywind pilot park in Scotland, the world’s first floating offshore wind farm. MacGregor will be responsible for the delivery of the Pusnes substructure mooring connection system for the project’s five flo

about 10 years ago
EU Businesses and NGOs Say Europe Must Lead the Switch to Renewables
Business & Finance

EU Businesses and NGOs Say Europe Must Lead the Switch to Renewables

Climate Action Network (CAN) Europe and Eurochambres have called on the EU to lead by example and accelerate the cost-effective uptake of renewable energy and energy efficiency measures. The organisations, representing 44 million European citizens and 20 million businesses, believe that EU must put

about 10 years ago
SEB Turns Back on Coal
Business & Finance

SEB Turns Back on Coal

Nordic financial services group SEB has decided to shift away from coal and not make further investments in coal mining and new coal power plants, the company said in its revised Climate Change Position Statement. SEB will also aim to increase the share of renewables and decrease the share of fossil

about 10 years ago
Tidal Lagoon Power Slashes Headcount
Business & Finance

Tidal Lagoon Power Slashes Headcount

Tidal Lagoon Power has cut its workforce by one fifth as its proposed GBP 1 billion Swansea Bay Tidal Lagoon project faces uncertainty and possibly further setbacks, according to local media. The company, which currently employs just under 100 people, has reportedly made most of the 17 job cuts at i

about 10 years ago
Danish Businesses Visit Green Port Hull
Business & Finance

Danish Businesses Visit Green Port Hull

More than 20 businesses from Denmark visited Hull and the East Riding this week to help establish and strengthen networks across Europe between companies involved in the renewable energy sector supply chain. On Monday 23 November, Delegates embarked on a tour of the Port of Hull, visiting the Green

about 10 years ago
Carbon Brief: UK Cuts Renewable Capacity Forecasts, Remainder Could All Go to Offshore Wind
Business & Finance

Carbon Brief: UK Cuts Renewable Capacity Forecasts, Remainder Could All Go to Offshore Wind

If the UK government keeps its promise to support up to 10 gigawatts (GW) of offshore wind in the next decade, it would leave no room for other renewables after the Department of Energy and Climate Change (DECC) slashed its forecasts for new renewable power capacity by more than a third for the peri

about 10 years ago
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