Binani Industries Limited, the holding company of USD 1.6 billion Braj Binani Group, today announced the acquisition of 3B – The Fibreglass Company (‘3B’), a Europe-based major in fibreglass products and technologies. Binani Industries Limited is one of India’s leading global diversified business houses, with interests in cement, zinc, glass fibre, composites and ready-mix concrete. [...]
SSE plc remains on course to deliver an increase in the dividend per share, an increase in adjusted profit before tax for the financial year to 31 March 2012 and to deliver on its key operational goals. This Interim Management Statement includes updates on operations, major projects, issues such as household customers’ energy consumption, other [...]
The Q10 project has obtained a subsidy from the Dutch authorities under the provision that innovative elements will be included in the wind farm such as for example the installation and testing of one, two, or three innovative Wind Turbine Generators (WTG’s). WTG of minimum 4 MW will need to be: 1. certified as a [...]
Keppel Corporation announces another record year. Their net profit grew by 14% to a new high of nearly $1.5 billion. This is the fifth year running that their net profit has surpassed the $1 billion mark. Also for the fifth consecutive year, their Return on Equity has remained above 20%. Economic Value Added has also [...]
Rising demand for considerably complex and highly-developed deepwater field undertakings results in greater, more advanced and technically brilliant offshore support vessels. These technological marvels play a vital role in the offshore industry construction, supply and maintenance thus a significant increase in demand for building such vessels has been recorded. The following vessel innovations have marked [...]
President Barack Obama’s State of the Union address included some language that made wind power advocates happy. by Aaron Nathans (delawareonline) Source: delawareonline, January 26, 2012
At its meeting on 24 January 2012 the Executive Board of RWE AG appointed Hans Friedrich Bünting to succeed Fritz Vahrenholt as CEO of RWE Innogy GmbH as of 1 July 2012. Hans joined the RWE Group in 1995 and held various management positions in RWE Energie AG, RWE Trading GmbH and RWE AG before [...]
Abu Dhabi based Masdar is assessing the prospect of its entry into the German offshore wind farm market. In 2008, the company bought 20% of UK’s London Array offshore wind farm. “We have been conducting many negotiations in German offshore wind market,” said Frank Wouters, head of the energy division of the State Ökokonzerns, reports [...]
BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshold JACCAR Holdings SA declared: [...]
John Best, the founder and face of EEEGR (the East of England Energy Group), is to stand down as chief executive after 11 years to take on a new job. He will move to an executive management position as Head of Sustainable Energy,UKwith Norfolk-based Fendercare Marine. EEEGR chairman Alan Barlow said Mr Best will leave [...]
