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The Netherlands: Royal Haskoning Reports Net Loss of EUR 3 Million
Business & Finance

The Netherlands: Royal Haskoning Reports Net Loss of EUR 3 Million

This year Royal Haskoning published a comprehensive report that provides an overview of some projects five new business lines undertook during 2011. They also include the reports of their support services and CSR initiatives. Last year was again one of the most challenging their industry has faced.

about 14 years ago
UK: Fluor Claiming USD 477 Million from Greater Gabbard
Business & Finance

UK: Fluor Claiming USD 477 Million from Greater Gabbard

According to the latest developments Fluor Corp. (FLR) will be faced with a counterclaim, to be raised by RWE AG (RWE) and SSE Plc (SSE) in respect to the North Sea offshore wind farm, Bloomberg reports. The dispute between the aforementioned parties stems from the fact that Greater Gabbard, the joi

about 14 years ago
UK Awards Three Grants to Accelerate Offshore Wind Innovation
Business & Finance

UK Awards Three Grants to Accelerate Offshore Wind Innovation

Three innovative UK businesses are the latest companies to secure funding from a major Government scheme to support the development of next generation offshore wind technology. NGenTec Ltd, OSBIT Power Ltd and OGN North Sea Ltd will each receive grants under DECC and the Technology Strategy Board’s

about 14 years ago
UK: Mitsubishi to Create More than 100 Jobs in Edinburgh
Business & Finance

UK: Mitsubishi to Create More than 100 Jobs in Edinburgh

Japanese giant Mitsubishi Power Systems Europe Ltd (MPSE) confirmed its announcement on investment of up to £100 million in an engineering facility in Edinburgh and thus strengthening Scottish economy, by bringing over 100 new jobs, BBC informs. The facility will carry our research and development i

about 14 years ago
UK: Highlands and Islands Outlines Investment Plan for Next Three Years
Business & Finance

UK: Highlands and Islands Outlines Investment Plan for Next Three Years

A range of activities to generate economic and community development across the Highlands and Islands over the next three years is outlined in the latest Operating Plan published today [Wednesday 11 April, 2012] by the region’s development agency. Ambitious plans to roll out superfast broadband thro

about 14 years ago
USA: Cape Wind Picks Construction Team
Business & Finance

USA: Cape Wind Picks Construction Team

Cape Wind has selected the joint venture team of Flatiron Construction Corp., Cal Dive International, Inc., and Cashman Equipment Corp. as its construction contractor to build America’s first offshore wind farm in Nantucket Sound. Cape Wind President Jim Gordon said, “We are confident this is the ri

about 14 years ago
UK: MEAD Capital Grant Scheme Good News for Wave Hub
Business & Finance

UK: MEAD Capital Grant Scheme Good News for Wave Hub

Claire Gibson, Wave Hub’s General Manager commented, “Earlier this year MPs said that funding support for the first arrays would be critical to the UK capturing the huge potential of wave and tidal energy, so it’s good news that this long-awaited competition has been launched. Wave Hub is specifical

about 14 years ago
UK: East Anglia Urged to Seize Government Push for Wave and Tidal Energy
Business & Finance

UK: East Anglia Urged to Seize Government Push for Wave and Tidal Energy

The UK Government announced allocation of £20m to engineering and environmental companies for projects aimed at development of tidal and wind energy, EDP 24 published. Apart from mere production of power, these include projects targeted at design and manufacture of indispensable technology in additi

about 14 years ago
Bilfinger Berger to Produce Offshore Wind Foundations with Polish Partners
Business & Finance

Bilfinger Berger to Produce Offshore Wind Foundations with Polish Partners

Bilfinger Berger, together with Polish partners, have established a joint venture for the production of steel foundations for offshore wind turbines. The Group, together with steel construction specialists Crist and the state-owned investment fund MARS, will manufacture steel structures that will be

about 14 years ago
AMSC Seeks USD 1.2 Billion from Sinovel at China’s Supreme People’s Court
Business & Finance

AMSC Seeks USD 1.2 Billion from Sinovel at China’s Supreme People’s Court

AMSC, a global solutions provider serving wind and grid leaders, today announced it has filed an appeal with China’s Supreme People’s Court. AMSC’s appeal relates to the Hainan Higher Court’s decision on April 5, 2012 to uphold the Hainan Province No. 1 Intermediate People’s Court’s dismissal of AMS

about 14 years ago
Germany: Nordex Order Intake Increased by 84 pct in Q1
Business & Finance

Germany: Nordex Order Intake Increased by 84 pct in Q1

The new Chief Executive Officer of Nordex SE, Dr. Jürgen Zeschky, presents the group accounts for the first time today. In addition, Zeschky underscores that the Management Board, acting with the approval of the Supervisory Board, has decided to continue on the path of strategic reorientation alread

about 14 years ago
Canada: Ontario Faces USD 1 Billion Offshore Wind Lawsuit
Business & Finance

Canada: Ontario Faces USD 1 Billion Offshore Wind Lawsuit

The Liberal Government of Ontario is yet again exposed to the public eye, since a second lawsuit has been filed against it and this time by the SouthPoint Wind Company, which is claiming $1-billion worth damages, the Canadian Press informs. Namely, in February 2011 the Government of Ontario imposed

about 14 years ago
Germany: PNE Wind Ends 2011 with Stable Results
Business & Finance

Germany: PNE Wind Ends 2011 with Stable Results

The wind farm project developer, PNE WIND AG confirms its EBIT forecast and again proposes a dividend payment amounting to EUR 0.04 per share. In the previous financial year, the company recorded a positive result at corporate level (EBIT) amounting to EUR 0.1 million (prior year: EUR 9.5 million).

about 14 years ago
USA: Eight Firms Plan to Develop Wind Farms Offshore Virginia
Business & Finance

USA: Eight Firms Plan to Develop Wind Farms Offshore Virginia

As reported by the Associated Press, the potential of the project, aimed at developing wind turbines in the U.S., situated off the Virginia cost and encompassing circa 113,000 acres in the Atlantic Ocean, has been recognized by numerous investors including European ones. The federal Bureau of Ocean

about 14 years ago
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