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RenewableUK Warns Against Reducing Offshore Wind Targets
Business & Finance

RenewableUK Warns Against Reducing Offshore Wind Targets

In response to the CCC’s call for reducing offshore wind targets and rather focus on less costly low-carbon alternatives, RenewableUK’s… (renewableenergyfocus) [mappress] Source: renewableenergyfocus, May 11, 2011;

about 15 years ago
UK Supports Marine Current Turbines Application for EU Project Funding
Business & Finance

UK Supports Marine Current Turbines Application for EU Project Funding

An application from Marine Current Turbines, the UK tidal energy developer, to secure money from the European Union’s New Entrant… (marineturbines) [mappress] Source: marineturbines, May 11, 2011

about 15 years ago
Siem Offshore Reports First Quarter Results (Norway)
Business & Finance

Siem Offshore Reports First Quarter Results (Norway)

Siem Offshore, an international supply and subsea shipping company, today announced results for the first quarter of 2011. The operating revenue for the first quarter was USD 68.9 million compared to USD 49.8 million for the same period of 2010. The operating margin was USD 21.8 million compared to

about 15 years ago
Offshore Wind Power Price Lower in NY than in RI (USA)
Business & Finance

Offshore Wind Power Price Lower in NY than in RI (USA)

A wind power company planning to sell Rhode Island electricity from a small offshore wind farm is offering wind power for far less in… (beaumontenterprise) [mappress] Source: beaumontenterprise, May 10, 2011;

about 15 years ago
PNE WIND Records Positive Results in First Quarter (Germany)
Business & Finance

PNE WIND Records Positive Results in First Quarter (Germany)

The first quarter of fiscal year 2011 ended positively for the wind farm developer PNE WIND AG. An operating result (EBIT), which is… (pne) [mappress] Source: pne, May 09, 2011

about 15 years ago
The Netherlands: Ulstein Group and IDEA Heavy Equipment Join Forces in Offshore Industry
Business & Finance

The Netherlands: Ulstein Group and IDEA Heavy Equipment Join Forces in Offshore Industry

A memorandum of understanding (MOU) was signed at 27 April 2011, which outlines the main principles of how Norwegian Ulstein Group and Netherlands based IDEA Heavy Equipment are joining forces. The companies have entered into an MOU which will lead to an operational business in the Netherlands by th

about 15 years ago
Iberdrola Sets up Offshore Business Division in Scotland
Business & Finance

Iberdrola Sets up Offshore Business Division in Scotland

IBERDROLA has always endeavoured to lead the way in innovation, spearheading the development of environment-friendly generation… (iberdrola) [mappress] Source: iberdrola, May 09, 2011

about 15 years ago
DNV Joins Forces with STRI Meet the Increasing Market Demand in Offshore Sector (Norway)
Business & Finance

DNV Joins Forces with STRI Meet the Increasing Market Demand in Offshore Sector (Norway)

“There are two fundamental drivers behind the decision to collaborate,” says Kjell Eriksson, Director of the Energy Programme in DNV Research and Innovation, “The electrification of both conventional and subsea oil and gas installations, and the growth in offshore wind energy. Both drivers will requ

about 15 years ago
E.ON Appoints Mike Winkel as New CEO (Germany)
Business & Finance

E.ON Appoints Mike Winkel as New CEO (Germany)

E.ON has appointed Mike Winkel (40) as Chief Executive Officer (CEO) of E.ON Climate & Renewables. As of 1 June he will succeed Frank… (eon) [mappress] Source: eon, May 06, 2011;

about 15 years ago
Tennet Could Sell More than Planned
Business & Finance

Tennet Could Sell More than Planned

Dutch national electricity grid company Tennet is considering selling more of its investment in Germany than originally planned, the… (dutchnews) [mappress] Source: dutchnews, May 06, 2011;

about 15 years ago
Centrica Signs Long-Term Lease for Operations and Maintenance Base in Grimsby (UK)
Business & Finance

Centrica Signs Long-Term Lease for Operations and Maintenance Base in Grimsby (UK)

CENTRICA, the energy group whose businesses include British Gas, has signed a long-term lease that will enable it to build an operation and maintenance base at Grimsby docks to serve its wind farms in the Greater Wash. The facility will be completed by the end of this year. Centrica operates the 194

about 15 years ago
World Helicopters Acquire Bond Aviation Group for EUR300 Million (UK)
Business & Finance

World Helicopters Acquire Bond Aviation Group for EUR300 Million (UK)

World Helicopters, a holding company of helicopter operator Grupo Inaer that is backed by investment firms Investindustrial and Kohlberg… By Shasha Dai (dowjones) [mappress] Source: dowjones, May 04, 2011;

about 15 years ago
Vestas Publishes Interim Financial Report (Denmark)
Business & Finance

Vestas Publishes Interim Financial Report (Denmark)

Vestas generated first-quarter revenue of EUR 1,060m, an increase of 25 per cent relative to the first quarter of 2010, and as announced realised a loss. The EBIT margin fell from (4.6) per cent to (6.5) per cent. The development confirms that revenue and earnings may show major quarter-onquarter fl

about 15 years ago
Exclusivity Agreement and Repayment Terms of Existing Loan Facility Extended (UK)
Business & Finance

Exclusivity Agreement and Repayment Terms of Existing Loan Facility Extended (UK)

SeaEnergy plc announces today that it has reached agreement with a consortium of major European energy companies (“the Consortium”) to grant a period of exclusivity to negotiate the sale (“the Transaction”) of the Company’s 80.13% interest in its subsidiary SeaEnergy Renewables Limited (“SERL”). Due

about 15 years ago
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