The Scottish government has announced new funding for renewable energy developments that are likely to produce new engineering jobs… (careerstructure) [mappress] Source: careerstructure, October 27, 2011
The UK’s emerging offshore wind industry has only just started work on ambitious plans to build more than 30GW of new capacity, and is not y… By Jessica Shankleman (businessgreen) [mappress] Source: businessgreen, October 27, 2011
Vattenfall reports an operating profit for the third quarter 2011 of SEK 4,447 million (5,829). The underlying profit has improved, and the Group delivered on its strategy of streamlining operations and consolidating its financial position. “The lower earnings for the third quarter than the correspo
ABB reported a 24-percent increase in operational EBITDA in the third quarter on double-digit revenue growth compared with the third quarter of last year. In addition to higher revenues, the increase reflects successful cost reductions that continued to more than offset price pressure. The recent Ba
WAVE power developer Trident Energy yesterday beefed up its presence in Glasgow by appointing industry veteran Jonathan Armstrong as is firs… By Peter Ranscombe (scotsman) [mappress] Source: scotsman, October 26, 2011;
EnBW Energie Baden-Württemberg AG issued a bond with a volume of € 750 million. The bond has a term to maturity of approximately 60 years with call options every five years after the first interest payment date. Based on its terms and conditions, the bond will be recognised as equity by some rating
PRIME Minister David Cameron said there is “every reason” to believe the Siemens deal in Hull will go ahead… (thisishullandeastriding) [mappress] Source: thisishullandeastriding, October 25, 2011;
A group of 19* of North East England’s leading energy sector companies, including TAG Energy Solutions, have invested almost £400million to help realise the region’s ambition to become a global hub for offshore renewable energy solutions. The companies have now formed Energi Coast, North East Englan
According to initial calculations, REpower Systems SE generated revenues of EUR 626.1 million in the first half of fis-cal year 2011/12 (1 April 2011 – 30 September 2011) – compared to EUR 499.0 million in the same period of the previous year. This corresponds to an increase of more than 25 percent.
The purchase, completed in recent days, marks a major step forward for the group’s ambitious plans to develop the 238-acre site, on the Cromarty Firth in the Scottish Highlands, as a modern, multi-user facility serving a range of energy sectors, including oil and gas and renewables. Global, which ha
Total spending on the plan from 2014 and 2020 would amount to just 0.4 percent of EU annual GDP, but the European Commission said it expected the funds to attract extra public and private money by lowering the risk profile of key infrastructure projects. “Today we are making a down payment for Europ
The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett’s existing cable across the Oslofjord. The 16-year-matur
Davis Langdon director Peter Sell said yesterday that the UK Round 3 offshore wind programme could achieve significant cost savings… By Declan Lynch (nce) [mappress] Source: nce, October 19, 2011
TGerman Chancellor Angela Merkel announced on 30 May that Germany, the world’s fourth-largest economy and Europe’s biggest, would shutter… by John Daly (oilprice) [mappress] Source: oilprice, October 19, 2011
