SSE plc remains on course to deliver an increase in the dividend per share, an increase in adjusted profit before tax for the financial year to 31 March 2012 and to deliver on its key operational goals. This Interim Management Statement includes updates on operations, major projects, issues such as
The Q10 project has obtained a subsidy from the Dutch authorities under the provision that innovative elements will be included in the wind farm such as for example the installation and testing of one, two, or three innovative Wind Turbine Generators (WTG’s). WTG of minimum 4 MW will need to be: 1.
Keppel Corporation announces another record year. Their net profit grew by 14% to a new high of nearly $1.5 billion. This is the fifth year running that their net profit has surpassed the $1 billion mark. Also for the fifth consecutive year, their Return on Equity has remained above 20%. Economic Va
Rising demand for considerably complex and highly-developed deepwater field undertakings results in greater, more advanced and technically brilliant offshore support vessels. These technological marvels play a vital role in the offshore industry construction, supply and maintenance thus a significan
President Barack Obama’s State of the Union address included some language that made wind power advocates happy. by Aaron Nathans (delawareonline) [mappress] Source: delawareonline, January 26, 2012
At its meeting on 24 January 2012 the Executive Board of RWE AG appointed Hans Friedrich Bünting to succeed Fritz Vahrenholt as CEO of RWE Innogy GmbH as of 1 July 2012. Hans joined the RWE Group in 1995 and held various management positions in RWE Energie AG, RWE Trading GmbH and RWE AG before [&he
Abu Dhabi based Masdar is assessing the prospect of its entry into the German offshore wind farm market. In 2008, the company bought 20% of UK’s London Array offshore wind farm. “We have been conducting many negotiations in German offshore wind market,” said Frank Wouters, head of the energy divisio
BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol
John Best, the founder and face of EEEGR (the East of England Energy Group), is to stand down as chief executive after 11 years to take on a new job. He will move to an executive management position as Head of Sustainable Energy,UKwith Norfolk-based Fendercare Marine. EEEGR chairman Alan Barlow said
Wave Hub Limited has awarded a contract for the marine operational management and electrical engineering services in order to ensure a safe and efficient facility, Wave Hub. Red Penguin Associates Limited was chosen for this contract on January 11, 2012, thus it is most likely that the company will
A local startup company that is attempting to turn the power of waves into energy is considering launching its first pilot project this summer in Nantucket. By Dyke Hendrickson (newburyportnews) [mappress] Offshore WIND staff, January 19, 2012
RWE is taking advantage of the favourable conditions for German companies on the international capital market by issuing a GBP bond with a volume of 600 million GBP and a term of 22 years. The maturity date is 31 January 2034. Placed via RWE Finance B.V., the bond was significantly oversubscribed. T
In July 2011 A2SEA acquired a 29% share interest in the Danish cable installation company CT Offshore. A2SEA has now decided to increase their shareholding in the company to 67%. The remaining 33% of the shares are still owned by CT Offshore’s founder and CEO, Paw Cortes. The company will stay at it
German ministries of environment and economy helped set up a group, which will also include regulators and industry officials, to discuss and resolve the issues delaying the offshore wind expansion. Economy Minister Philip Roesler said: “The expansion of offshore wind energy is the key component to
