DEXAWAVE, the Danish wave energy generator developer, has received a DKK 10 million grant. The funding secured from the Danish state investment fund Vækstfonden will be used to build a full-scale prototype of its pontoon-based wave energy converter. The DEXAWAVE wave energy converter has a simple co
Engineers and consultants Royal Haskoning achieved a worldwide turnover of € 312 million in 2011 compared with € 335 million in 2010, a decrease of 7%. EBITA amounted to € 2.8 million (including € 10 million restructuring costs) versus an EBITA of € 13.7 million in 2010. One-off charges have contrib
Arle Capital Partners today announces that portfolio company Expro International “Expro”, the international oilfield service company, has agreed to sell its Connectors & Measurements (C&M) business, including the Tronic and Matre brands, to Siemens AG at a valuation of US$630 million. Expro’s C&M bu
TÜV Rheinland and EuroWind have agreed a strategic cooperation to combine their wind energy services. The cooperation agreement was formally signed in Cologne recently. The aim of the cooperation is an intensive dovetailing of their services for global wind energy projects. TÜV Rheinland has develop
Chancellor Angela Merkel has revealed her plan to construct offshore wind farms that will stretch over an area six times the size of New York City, reports Bloomberg. The plan expected to cost 200 billion euros ($268 billion), according to the DIW economic institute in Berlin, will also include inst
The German company Bard Holding GmbH hopes the negotiations on its takeover will end within about 12 weeks, Bloomberg reports. Axel Bahr, the company’s spokesman, has stated that Bard expects “indicative offers” at end-March and completion in 6 to 12 weeks, however it remains unknown which companies
EMU is an independent marine survey and environmental consultancy specialist with annual revenues of over EUR 20 million. Based in Southampton, it also has premises in Portsmouth, Edinburgh, UK, Dinard, France and Perth, Australia. The company conducts ecological, geophysical, sediment sampling and
An international delegation has again visited the offshore base in Cuxhaven to find out more about operations there. This time it was an US delegation that came to familiarise themselves with the latest trends and options in realising offshore projects on March 15. The US experts came at the invitat
In a meeting with investors and analysts, United Technologies Corp. updated its financing plan for the proposed $16.5 billion cash acquisition of Goodrich Corp., including expected proceeds of approximately $3 billion from net divestitures and $1.5 billion from mandatory convertible instruments. UTC
NaiKun Wind Energy Group Inc. (“the Company”) held its Annual General Meeting in Vancouver, British Columbia on March 14, 2012. The results of voting on matters put before the Company’s shareholders include: Election of Board of Directors: Philip Hughes (Chair), Michael C. Burns, Joe Houssian, Micha
The French railway equipment and energy company is looking to acquire one of the European wind energy giants, reported Les Echos. Alstom is eyeing German Repower, Gamesa from Spain, and Danish Vestas. The company has already begun negotiations with Suzlon, REpower Indian owner. Yesterday, the Financ
E.ON AG continued its consolidation course in a difficult business environment in 2011 and is past the worst. At the presentation of the company’s annual results, CEO Johannes Teyssen was cautiously optimistic about where E.ON stands. “We made good progress implementing our strategy. E.ON 2.0, our e
AREVA announces the delivery of 20 M5000 turbines, out of a total of 40, to be installed in Trianel’s Borkum offshore wind park located in the German North Sea. The Borkum wind farm, situated 45 km away from the northern coast of the Borkum Island, is currently under construction close to “alpha ven
NORD/LB Norddeutsche Landesbank is participating in the financing of an installation vessel for offshore wind energy farms. Commissioned by the international provider of construction-related services HOCHTIEF, the “VIDAR” is a jack-up vessel being built at the Crist shipyard in Poland and scheduled
