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Major International Firms Invest in Scottish Offshore Renewables
Business & Finance

Major International Firms Invest in Scottish Offshore Renewables

Scotland’s growing reputation for the development of pioneering wind and wave and tidal renewable technologies is attracting many major global players who are establishing research and development bases in the country. Over the past 12 months, international companies such as Gamesa, Mitsubishi, Sams

about 14 years ago
Scottish Government Launches Smart Grid Strategy
Business & Finance

Scottish Government Launches Smart Grid Strategy

The Scottish Government has launched a smart grid strategy to capitalise on its expertise in this technology and to support the country’s transition to become a low carbon economy. The strategy plans to create 12,000 new jobs in this sector by 2020 by encouraging smart grid adoption and developing S

about 14 years ago
Germany: AMBAU, DOTI Sign Offshore Wind O&M Contract
Business & Finance

Germany: AMBAU, DOTI Sign Offshore Wind O&M Contract

AMBAU Windservice GmbH, a subsidiary of AMBAU, one of the leading manufacturers of tower and steel foundation structures for offshore and onshore wind turbines, has signed a contract with DOTI to provide repair and maintenance work for its twelve 5 MW offshore wind turbines. The Nordic Market news s

about 14 years ago
Sweden: Vattenfall’s Profit Increases to USD 129 Million
Business & Finance

Sweden: Vattenfall’s Profit Increases to USD 129 Million

Sweedish energy company, Vattenfall, has released second quarter 2012 results. Net sales amounted to SEK 36,703 million (40,443) for the second quarter and SEK 85,697 million (92,311) for the first half of the year. For continuing operations, i.e., excluding divested operations primarily in Belgium,

about 14 years ago
Germany: Windreich Continues as Planned
Business & Finance

Germany: Windreich Continues as Planned

Windreich AG, the successful project management and developer of the offshore wind park in the German North Sea will implement the three wind parks – Global Tech I, MEG 1 and Deutsche Bucht – as planned. Chairman of the Board of Directors of Windreich AG, industrial engineer Willi Balz, explained th

about 14 years ago
Australia: Carnegie Makes Progress on Commercial Demonstration Project
Business & Finance

Australia: Carnegie Makes Progress on Commercial Demonstration Project

During the quarter Carnegie Wave Energy Limited made significant progress on its commercial demonstration project, the Perth Wave Energy Project. In addition, Carnegie continued to make technical and commercial progress on its proprietary CETO wave energy technology and commercial site development.

about 14 years ago
The Netherlands Strengthens Business Links with Norfolk
Business & Finance

The Netherlands Strengthens Business Links with Norfolk

Business links between Norfolk and the Netherlands were strengthened during a recent visit to the county by the Dutch Ambassador to the UK. Among topics discussed was a proposal for an EU-funded Knowledge and Innovation Community in Food, strengthening the existing links between the Institute of Foo

about 14 years ago
Freudenberg Group Enters American Wind Energy Market
Business & Finance

Freudenberg Group Enters American Wind Energy Market

The Freudenberg Group has developed a broad range of technically challenging product solutions and services for the fast growing American wind energy market. Various operating companies of the Freudenberg Group are dedicating considerable effort to the development of renewable energy resources. The

about 14 years ago
Spain: Gamesa Regains Operating Profitability
Business & Finance

Spain: Gamesa Regains Operating Profitability

The persistence of adverse economic and sector conditions continue to erode Gamesa’s results which, nevertheless, in 1H12 recovers operating profitability and initiates its deleveraging process ahead of schedule in 1H12 (initially slated for the second half), generating a net cash inflow of €100MM i

about 14 years ago
Germany: Siemens’ Renewables Business Generates Highest Revenue Growth
Business & Finance

Germany: Siemens’ Renewables Business Generates Highest Revenue Growth

Siemens felt the impact of a more difficult global market environment in the third quarter of fiscal 2012. Thanks to a solid order backlog and positive currency translation effects, revenue was up ten percent compared to the third quarter of fiscal 2011. On the other hand, new orders were down 23 pe

about 14 years ago
UK: Turbine Transfers Wins Major Gwynt y Môr Contract
Business & Finance

UK: Turbine Transfers Wins Major Gwynt y Môr Contract

Turbine Transfers Ltd, a wholly owned subsidiary of Holyhead Towing Company, has been awarded a multi-million-pound contract by RWE npower renewables to provide six crew transfer vessels for the Gwynt y Môr offshore wind farm. In addition, the company will provide two more vessels for the German Nor

about 14 years ago
UK: SSE Issues Interim Management Statement
Business & Finance

UK: SSE Issues Interim Management Statement

SSE plc will today hold its Annual General Meeting in Bournemouth. This Interim Management Statement summarises SSE’s performance since the start of the current financial year, which began on 1 April 2012, and includes updates on operations and investments in SSE’s Networks, Retail and Wholesale bus

about 14 years ago
UAE: Delayed Deliveries Lead to 1H Loss of USD 45 Million for Lamprell
Business & Finance

UAE: Delayed Deliveries Lead to 1H Loss of USD 45 Million for Lamprell

Lamprell, a leading provider of specialist engineering services to the international oil & gas and renewables industry, made the following announcement: Following the Company’s Trading Update of 7 June, the Company has been undertaking a further review of its financial position and as a result has n

about 14 years ago
Revised Funding to Help Offshore Wind Businesses in Humber, UK
Business & Finance

Revised Funding to Help Offshore Wind Businesses in Humber, UK

New funding levels for renewables technology will support the Humber’s ambitions to be a world-class centre for green energy, according to an industry leader. Sam Pick, of the Renewables Network, has broadly welcomed the Government’s long-awaited announcement on clean energy subsidy levels. For the

about 14 years ago
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