The European Wind Energy Association (EWEA) today published its scenarios for onshore and offshore wind power deployment in the EU, ahead of the European Commission’s Energy Roadmap 2050, due to be published later this year. “Wind energy will more than triple its power output by 2020 with 194 billio
ABB, the leading power and automation technology group, has won an order worth around $1 billion from the Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid. This is the largest power transmission order in ABB’s
The Crown Estate has reported an increase in investment in Scotland despite the gross surplus from their operations in Scotland falling. Their profit each year is sent to the Treasury for the benefit of the public as a whole, and they continue to invest in the long-term development of their property
When the Rhode Island Supreme Court issued a ruling earlier this month upholding a long-term contract for the sale of power from Deepwater Wind’s proposed wind farm off Block Island, it was a green light for the company to resume work on the project. As the case dragged on for nearly a year, with th
Right now the installation activities for Walney 2 are booming. Crane barges, jack-up vessels and tugs are working out of ports in the East Irish Sea area, primarily out of the ports of Barrow and Mostyn. On 39 of the 51 monopile positions, a transition piece has already been installed, and the last
Karlsruhe. In the first six months of 2011 EnBW Energie Baden-Württemberg AG increased its revenue by 5.1% to a total of € 9,409.8 million. In contrast, there was a decline in earnings as expected. Adjusted earnings before interest and taxes (adjusted EBIT) fell by 24.2% in comparison to the corresp
The offshore wind project Global Tech I, for which AREVA is supplier of 80 M5000 turbines, has finalized raising debt financing for an amount in excess of 1 B€. This is the second AREVA-powered offshore wind project to achieve this and a new demonstration of the confidence of the financial community
Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* h
Progress in internationalisation together with efficiency and sustained performance in all business lines placed Gamesa in a strong growth position in the first half of 2011, with results in line with annual guidance in terms of volume, profitability and debt. Gamesa’s consolidated revenues amounted
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) and the U.S. Coast Guard today signed a Memorandum of Agreement to identify and clarify their respective roles and responsibilities with respect to offshore renewable energy installations on the Outer Continental Shelf. The M
According to initial calculations REpower Systems SE (WKN 617 703) generated a total performance of EUR 248.3 million in the first quarter of fiscal year 2011/12 (April 1, 2011 – June 30, 2011) compared to EUR 204.0 million in the previous year’s period. Revenue increased by around 23% year-on-year
The European Wind Energy Association (EWEA) today published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Mega
EDP Renewables, a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that an additional 1.37 GW of capacity were installed over the last 12 months, of which 486 MW were added in 1H 2011 (around 60% of the expected installation for FY 2011
Minas Basin Pulp and Power Co. Ltd. (MBPP) is paving the way for coastal communities in Nova Scotia to compete in a growing industry. In 2008, the provincial government gave MBPP, a Hantsport-based pulp and power production company, the go-ahead to develop North America’s first tidal power observati
