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Business & Finance

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Nordex Expects Profitable Growth in 2012 (Germany)
Business & Finance

Nordex Expects Profitable Growth in 2012 (Germany)

The Nordex Group achieved an increase of roughly 9 percent in sales to EUR 668.2 million in the first nine months of 2011 (previous year: EUR 614.2 million). At EUR 264.9 million, sales in the third quarter were on a par with the previous year. Growth in the first nine months was driven by the [&hel

about 14 years ago
Michigan Offshore Wind Project Faces Opposition (USA)
Business & Finance

Michigan Offshore Wind Project Faces Opposition (USA)

For five generations, Darryl Fowler’s family has worked 800 acres of Bethany Township land, coaxing corn and soybeans out of the ground. By Jim Lynch (detnews) [mappress] Source: detnews, November 14, 2011

about 14 years ago
Students Show their Interest in Subsea Sector at Robert Gordon University (UK)
Business & Finance

Students Show their Interest in Subsea Sector at Robert Gordon University (UK)

Engineering students were given a slice of subsea action (Thursday, November 10) after Subsea UK held a pizza evening to highlight the… (oilvoice) [mappress] Source: oilvoice, November 14, 2011

about 14 years ago
Reef Subsea Acquires Rotech Subsea (UK)
Business & Finance

Reef Subsea Acquires Rotech Subsea (UK)

Reef Subsea AS announced that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in

about 14 years ago
E.ON to Convert Wind Power into Gas (Germany)
Business & Finance

E.ON to Convert Wind Power into Gas (Germany)

E.ON is developing a pilot plant in Falkenhagen in the north east of Germany to convert power from wind energy into hydrogen which can then be stored in the country’s gas grid. The company is investing over EUR5 million on the pilot plant and further research into this innovative technology. Using p

about 14 years ago
ACCIONA Triples Net Profit Reported in Same Period Last Year (Spain)
Business & Finance

ACCIONA Triples Net Profit Reported in Same Period Last Year (Spain)

ACCIONA obtained a net profit of 314 million euros in 9M 2011, tripling the 101 million euros reported in the same period of 2010. Group EBITDA amounted to 934 million euros, a 14.8% increase vs. 9M 2010 and revenues grew 5% to 4,796 million euros. EBITDA growth was mainly due to the positive perfor

about 14 years ago
Tax Credit for Offshore Wind Development, but No One can Qualify for it (USA)
Business & Finance

Tax Credit for Offshore Wind Development, but No One can Qualify for it (USA)

A tax break that could help get America’s first offshore wind farm up and running has been available for two years. But no one can… By Maria Gallucci (truth-out) [mappress] Source: truth-out, November 11, 2011

about 14 years ago
EnBW Closes Third Quarter with Revenue up to EUR 13,76 Million (Germany)
Business & Finance

EnBW Closes Third Quarter with Revenue up to EUR 13,76 Million (Germany)

EnBW Energie Baden-Württemberg AG closed its third quarter of the current fiscal year 2011 with 6.4% and 13.5% higher unit sales of electricity and gas, respectively. Compared to the prior year, electricity sales thus increased to 116.9 billion kilowatt-hours and gas sales to 42.8 billion kilowatt-h

about 14 years ago
Taewoong Goes up After Offshore Wind Announcement (South Korea)
Business & Finance

Taewoong Goes up After Offshore Wind Announcement (South Korea)

Taewoong Co., a maker of parts for wind-power plants, rose as much as 15 percent in Seoul trading after South Korea’s energy ministry said… By Saeromi Shin (bloomberg) [mappress] Source: bloomberg, November 11, 2011

about 14 years ago
Gamesa Reports 20 pct Growth in Net Profit (Spain)
Business & Finance

Gamesa Reports 20 pct Growth in Net Profit (Spain)

Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2

about 14 years ago
Two Firms Merge into ZF Wind Power Technology (Germany)
Business & Finance

Two Firms Merge into ZF Wind Power Technology (Germany)

On 25 July 2011, the boards of ZF Friedrichshafen AG (“ZF”) and Hansen Transmissions International NV (“Hansen”) announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF. On 6 Oct

about 14 years ago
Nexans Welcomes Hubert Porte as New Director (France)
Business & Finance

Nexans Welcomes Hubert Porte as New Director (France)

The Nexans Combined General Shareholders’ Meeting and the special meeting of the holders of double voting rights, both chaired by Frédéric Vincent, Chairman and CEO, were held in Paris on November 10, 2011. These meetings were called in accordance with Nexans undertakings under the agreement signed

about 14 years ago
Statnett Q3 Profit After Tax Down to USD 44.5 Million (Norway)
Business & Finance

Statnett Q3 Profit After Tax Down to USD 44.5 Million (Norway)

The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]

about 14 years ago
China Ming Yang Gross Profit up 7.3 pct YoY
Business & Finance

China Ming Yang Gross Profit up 7.3 pct YoY

China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the second quarter ended June 30, 2011. Second Quarter 2011 Financial Highlights: Total wind turbine generators (“WTGs”) commissi

about 14 years ago
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