SSE announced its full year results for the year to 31 March 2012. Its renewable energy output came to a 3,206 GWh last year. It said that the progress at Greater Gabbard and Walney raised its net offshore wind capacity to 187MW. Lord Smith of Kelvin, Chairman of SSE said: “SSE has again delivered i
A draft made by the German Government indicates that it will allow the offshore wind-power operators to compensate some of their losses by charging their customers, the Frankfurter Allgemeine Zeitung reports. The mentioned losses refer to the ones regarded to the problems of transferring electricity
Trident Energy will be exhibiting on Stand B62 at All-Energy, the UK’s largest Renewable Energy event taking place in Aberdeen on Wednesday 23rd and Thursday 24th May, 2012. The company is an independent developer of enabling technology for the offshore renewable energy industry. Its stand will feat
The Upper House of the German Federal Parliament, the Bundesrat, voted against reform of the feed-in tariff (FIT) for solar energy, according to the North American Windpower. The opposition didn’t get enough votes to reject the law, but the number was enough to postpone its adoption. The research fi
Tideland Signal, Dabbrook Services and Tranberg Systems of Denmark have joined forces to present a comprehensive service for specifying, supply and installation of navigation warning systems and all other low-voltage equipment on offshore wind farms on stand 321 at Global Offshore Wind, ExCel London
The Nordex Group posted an 8.3 percent increase in sales to EUR 198.3 million in the first quarter of 2012 (previous year: EUR 183.1 million). As expected, business volume thus accounted for just under 20% of the forecast full-year sales. This cyclical effect is typical of the wind power industry. S
Engineer Alan Jordan has joined Jee as a Principal Cables Engineer. Alan has 38 years experience working with subsea cables, ranging from managing trans-oceanic submarine telecommunications network projects to cable product design and manufacture, installation processes and marine maintenance. In hi
The Statnett Group reports profit after tax of NOK 265 million for the first quarter of 2012. The corresponding figure for the same period in 2011 was NOK 394 million. The reduction was due to downward adjustment of tariffs for 2012 and lower congestion revenues in the period. In the first quarter o
Research house Edison says that SeaEnergy should see the gap between its market price and the value of its assets close, the ProactiveInvestors reports. Edison analyst Graeme Moyse said that there is a significant gap between the market price of SeaEnergy and the value of its cash balance, and also
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: — EBITDA was DKK 3.6 billion in the first quarter of 2012 compared with DKK 4.8 billion in
ACCIONA Group ended 1Q 2012 with EBITDA of 328 million euro, 6.5% up on same period of last year’s figure. Net attributable profit was down 49%, to 29 million euro, mainly as a result of ACCIONA Energy. Revenues saw a 9.5% rise, coming to 1,591 million euro. The rise in Group’s EBITDA stemmed mainly
Revenue grew 9% in the second quarter, including increases in all Sectors and in all three regions supported by Siemens’ strong order backlog. Orders came in 13% lower, due primarily to significantly lower volume from large orders compared to the prior-year period. On an organic basis, excluding cur
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geog
The Group accounts for the first quarter 2012 comprise Ganger Rolf ASA and its subsidiaries (“The Group of companies”) and the Group of companies´ ownership of associates. Comparable figures for the same period in 2011 in brackets. The accounts are unaudited. The operating result (EBIT) which mainly
