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Business & Finance

Carnegie Raises USD 6 Million (Australia)
Business & Finance

Carnegie Raises USD 6 Million (Australia)

Wave energy developer Carnegie Wave Energy Limited announced that its Share Purchase Plan has closed oversubscribed and raised $6 million. Carnegie had previously announced on 1 December 2011 that it had initiated a capital raising via a Share Purchase Plan (“SPP”) of $4 million with capacity for a

about 14 years ago
PNE Sells Gode Wind II to Brancor Capital Partners (Germany)
Business & Finance

PNE Sells Gode Wind II to Brancor Capital Partners (Germany)

The wind farm project developer, PNE WIND AG is selling its shares in PNE Gode Wind II GmbH, in which the offshore wind farm project “Gode Wind II” is being developed, to HYSSING Vermögensverwaltungsgesellschaft mbH, which is held by the Danish Brancor Capital Partners APS. The agreed purchase price

about 14 years ago
Golf Club to Make Decision on Aberdeen Offshore Wind Farm (UK)
Business & Finance

Golf Club to Make Decision on Aberdeen Offshore Wind Farm (UK)

Members of one of the oldest golf club in the world will make a decision regarding a proposed wind farm offshore Aberdeen. Royal Aberdeen Golf Club director Ronnie Macaskill said that he expects the decision to be made in January. The European Offshore Wind Deployment Centre is being developed by Ab

about 14 years ago
NRG Cancels Long-term Power Purchase Agreement with Delmarva Power (USA)
Business & Finance

NRG Cancels Long-term Power Purchase Agreement with Delmarva Power (USA)

NRG, the parent company of Bluewater Wind, notified Delmarva Power it is cancelling the long-term power purchase agreement with Delmarva Power… (newarkpostonline) [mappress] Source: newarkpostonline, December 28, 2011

about 14 years ago
SIAG Report Negative Results for First Nine Months of 2011 (Germany)
Business & Finance

SIAG Report Negative Results for First Nine Months of 2011 (Germany)

The SIAG Schaaf Industrie AG, a leading supplier of onshore and offshore wind energy, reported an income of EUR 114.6 million according to preliminary figures for the first nine months of 2011. The group’s profit was negative € -11.5 million. Their capital dropped from € 16.0 million to 4.4 million.

about 14 years ago
Long Pause Blurs Balance of Wind Farm Baltic 1 (Germany)
Business & Finance

Long Pause Blurs Balance of Wind Farm Baltic 1 (Germany)

The four-week break in the fall accident has marred the balance of the first German offshore wind farm in the Baltic Sea “Baltic I”. “Generating electricity from the September 17th to October 15th was very good and was on schedule, “said the spokeswoman of the energy group EnBW, Friederike Eggstein.

about 14 years ago
Tidal Transit Plans Great Offshore Wind Investment (UK)
Business & Finance

Tidal Transit Plans Great Offshore Wind Investment (UK)

A Docking based company is planning major investment into offshore wind industry. They are planning to invest GBP 10 million to acquire 8 boats. Earlier this month, Tidal Transit has purchased two state-of-the-art, purpose-designed 20 meter support vessels to transport construction workers and maint

about 14 years ago
Cape Wind Backers Shutting Down (USA)
Business & Finance

Cape Wind Backers Shutting Down (USA)

The pro-Cape Wind group Clean Power Now has announced it is shutting down at the end of the year. By Patrick Cassidy (capecodonline) [mappress] Source: capecodonline, December 23, 2011

about 14 years ago
Natural Power Announces New Managing and Commercial Directors (UK)
Business & Finance

Natural Power Announces New Managing and Commercial Directors (UK)

International renewable energy consultancy and products group Natural Power has announced new positions within its management team including Ted Leeming as Managing Director and Steve Pears as Commercial Director. Current non-executive Board member Ted Leeming was one of the co-founders of Natural P

about 14 years ago
DNV Acquires 74.3 pct of KEMA’s Shares (Norway)
Business & Finance

DNV Acquires 74.3 pct of KEMA’s Shares (Norway)

DNV and KEMA will form a world-leading energy consulting, testing and certification company that can drive the worldwide transition towards a safe, reliable, efficient and clean energy ecosystem. DNV KEMA will consist of all 1,800 KEMA employees and 500 employees from DNV’s renewable energy and sust

about 14 years ago
CMS Advises Mainstream and Siemens on SMart Wind Stake Sale (UK)
Business & Finance

CMS Advises Mainstream and Siemens on SMart Wind Stake Sale (UK)

CMS has advised the 50/50 joint venture between Mainstream Renewable Power and Siemens’ Financial Services unit, represented by Siemens Project Ventures GmbH, on the sale to DONG Energy of a 33.3% stake in the first two offshore wind projects in SMart Wind’s Hornsea zone with a potential total capac

about 14 years ago
Research and Markets Publishes E.ON UK SWOT Analysis
Business & Finance

Research and Markets Publishes E.ON UK SWOT Analysis

Research and Markets announced addition to its reports, E.ON UK Plc – – SWOT Analysis. E.ON UK is one of the top power suppliers and producers in the UK. A subsidiary of German utility E.ON, the company has operations in electricity generation and supply. The company is headquartered in Coventry, En

about 14 years ago
The Netherlands: Ballast Nedam to Adjust Capacity of Infra Regional Companies
Business & Finance

The Netherlands: Ballast Nedam to Adjust Capacity of Infra Regional Companies

Ballast Nedam is to adjust the capacity of the Infra regional companies in response to deteriorating market conditions. The regional companies have been unable to contribute positively to overall operating results. The regional companies are still to a large degree dependent on public tenders for se

about 14 years ago
Japanese Delegation Visits Bremerhaven (Germany)
Business & Finance

Japanese Delegation Visits Bremerhaven (Germany)

Bremerhaven has been internationally recognized as offshore wind energy center. This year BIS has welcomed 25 foreign delegations seeking information about that site. It has been confirmed that Bremerhaven plays great role in international wind energy market. Well-known companies such as REpower S

about 14 years ago
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