The operating revenues for the third quarter were USD 93.4 million (2010: USD S8.0 million).The operating margin was USD 3S.7 million (2010: USD 19.S million) and the operating margin as a percentage of revenues was 38% (2010:34%). Operating profit was USD 12.6 million (2010:14.8 million) and includ
The managing director of offshore marine firm Seajacks said he was positioning himself for big offshore wind contracts in the North Sea as h… By Annabelle Dickson (edp24) [mappress] Source: edp24, October 27, 2011
Proposals for a subsea electricity cable between Orkney and Caithness have been put out for public consultation… (bbc) [mappress] Source: bbc, October 27, 2011;
South Boats Special Projects Ltd. and Wind Wave Workboats Ltd. announce the two companies have signed a contract for the construction for the ‘Freddie S’, a first of class South Boats 17m Vigilante catamaran. The vessel will be built at South Boats’ new facility in Cowes and will be delivered in Aug
Harland and Wolff will manufacture the first two commercial offshore suction bucket foundations (Universal Foundations) at its Belfast facilities. The contract forms part of an overall project secured by Fred. Olsen United AS with Forewind Ltd. for the construction, delivery and installation of two
Renewables will play an increasingly important role in the electricity mix, with their share more than doubling over the next ten years. Indeed, the EU’s goal of reaching 20% renewable energy by 2020 implies that almost 35% of electricity will need to be generated from renewable energy sources (RES)
SRTP CEO Barry Johnston will attend a series of round table discussions, commencing on Friday 28th October, as part of a task force designed to streamline energy planning and consents for marine renewable developmemtss in Scottish waters. The work of the group will focus on: – Further streamlining t
Narec is hosting a lunchtime industry seminar at this year’s RenewableUK Conference and Exhibition, from 13:15 – 14.30 (Exchange 8, First Floor) on Turbine drive train testing: Risk reduction and technology acceleration for offshore renewables. Stephen Robertson, Commercial Manager, will update on t
SMart Wind, the joint venture between Mainstream Renewable Power and Siemens Project Ventures, today announced the successful installation of the first meteorological mast in the 4GW Hornsea Zone. One of nine zones awarded licences by the Crown Estate in 2009 this is the first zone to install a met
Renewable energy could meet almost all of the UK’s electricity needs by 2030, a new report published by WWF has found. Between 60-90% of the UK’s electricity demand could be covered by wind, solar, tidal and other renewable power sources, with a firm renewable energy target for 2030 in place, WWF sa
Manchester is playing host to an industry conference which aims to highlight job opportunities in the renewable energy sector… (menmedia) [mappress] Source: menmedia, October 26, 2011;
“Tidal power generation has the same working theory as hydropower. You have to build dams aside lochs or river mouths where the tide emerges and place hydroelectric generating sets in the dams so that they can generate power due to the difference of tides level. From the angle of energy, hydroelectr
EDP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that in the first nine months of 2011, electricity output increased by 22% YoY to 12.0 TWh. Over the last 12 months, the company increas
KR Wind has recently participated at China Wind Power 2011 as well as the CanWEA convention in Vancouver. China is an important up-and-coming market. The growth in Asia is mainly driven by India and China where there has been continuing impressive growth in the wind sector, not only in terms of manu
