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  • New Development Bank Approves EUR 273 Million Loan for Putian Pinghai Bay Offshore Wind Project

    22 November 2016
    Authorities, Business & Finance, Wind Farm Update

    The Board of Directors of the New Development Bank (NDB) has approved a CNY 2 billion (EUR 273.3 million) loan for the Putian Pinghai Bay offshore wind power project in China. Under the framework of Putian Pinghai Bay project agreement, the NDB will provide the Chinese government with the sovereign project loan for the 250MW Phase […]

  • New GlobalData Report Shows Growing Momentum of Wind Turbine Market

    8 May 2015
    Business & Finance

    MarketResearch.com has added a recent report by GlobalData to its offering, which covers the latest developments in the global wind turbine market. GlobalData’s report, Wind Regains Momentum in 2014 and Industry Outlook Improves, reveals that the global wind turbine market is expected to see increased growth in the coming years. In 2014, the global market experienced […]

  • GL Garrad Hassan Organises Renewable Energy Seminars (UK)

    17 July 2011
    Training & Education

      GL Garrad Hassan and GL Academy are merging their expertise to offer joint training seminars. The cooperation combines GL Garrad Hassan’s knowledge as a technical authority on wind, wave, tidal and solar power, and its eight years of experience in providing international training, with GL Academy’s know-how as an established global provider of maritime […]

  • GWEC Publishes Its 2014 Wind Power Statistics

    10 February 2015

    After a slowdown in 2013, the wind industry set a new record for annual installations in 2014. Globally, 51,477 MW of new wind generating capacity was added in 2014 according to the global wind market statistics released today by the Global Wind Energy Council (GWEC). The record-setting figure represents a 44% increase in the annual […]

  • Incat Crowther Opens European Office

    13 April 2015
    Business & Finance, Vessels

    Incat Crowther has opened an office in Southampton, United Kingdom, to support a growing European client base and meet the demand for Incat Crowther’s products and services in the region. The company said that this is a result of a strong track record, robust and innovative vessel designs and consulting services. The office in Southampton is a […]

  • Germany: E.ON’s 2011 Earning Down

    4 May 2012
    Business & Finance

    E.ON released financial result for 2011. “Despite a difficult business environment, we have made very good progress in implementing our strategy and reorganizing our company. We moved resolutely forward on our consolidation course; the worst adverse effects are behind us. E.ON 2.0, our efficiency-enhancement program, is making good. The earnings growth at our renewables business […]

  • Qatar: IBERDROLA Chairman Seeks Sustainable Energy Development to Meet 3rd World Needs

    3 December 2012

    IBERDROLA Chairman Ignacio Galán, while speaking at the World Climate Summit in Doha, called for sustainable electricity development to meet the needs of the 1.3 billion people around the world, equivalent to 20% of the entire population, who don’t have access to electricity. Taking part in a panel discussion at the World Climate Summit, on […]

  • Gamesa Invites its Spanish Suppliers Under Slogan ‘The Challenge of International Development’

    3 October 2011

      Gamesa meets with its major Spanish suppliers tomorrow in Navarre, rallying them under the slogan “The challenge of international development.” Gamesa will discuss its international expansion plan and convey to vendors the need for continuing to work together on this strategy for global expansion. The 80 supplier firms attending the meeting account for nearly […]

  • UK: Seatronic Signs Global Representative Agreement with Zetechtics

    5 September 2013
    Technology

    Seatronics Limited, an Acteon company, and Zetechtics Limited have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental equipment that will be held in all Seatronics’ locations: Brazil, Singapore, Australia and the UK. In addition to extensive pools of […]

  • Gamesa to Increase Sales up to 3,800MW

    16 June 2015
    Business & Finance

    Gamesa unveiled its Outlook 2015-2017, with the goal of locking in the profitable growth that commenced under the preceding plan, offer sustainable and rising dividends, 25% of annual net profit, and accelerate shareholder value creation. The company projects double-digit annual growth in sales and activity during the plan, to attain 3,500-3,800 MW in 2017 and […]

  • Spain: IBERDROLA Reports Stable EBITDA of EUR 4,051 Million

    24 July 2013
    Business & Finance

    IBERDROLA recorded net earnings of €1,728 million in the first half of 2013, down 2% on the same period last year. Gross operating profit (Ebitda) held at levels similar to last year, standing at €4,051 million, a slight decline of 0.9%. Gross margin improved 5.8% to €6,676.4 million, with increases across all businesses and countries […]

  • GWEC and World Bank Group Target Emerging Offshore Wind Markets

    7 March 2019
    Business & Finance

    The Global Wind Energy Council (GWEC) and the World Bank Group (WBG) have revealed plans to work together on efforts to develop offshore wind in emerging markets. This follows the World Bank Group’s launch of a new programme to fast-track the adoption of offshore wind energy in developing countries, supported by funding from the government […]

  • IBERDROLA’s 9-Months Results Negatively Impacted by Increased Regulatory Costs

    23 October 2013
    Business & Finance

    IBERDROLA’s 9-months results have been negatively impacted by increased regulatory costs in Spain and the UK as well as other factors which have led the Company to reduce shareholder remuneration. Positive business activity, including efficiency gains, have reduced the impact on Ebitda to a net €240 million. These positive business developments plus improved efficiency also […]

  • Offshore Wind Leaves Good Mark on James Fisher Results

    1 March 2018
    Business & Finance

    James Fisher and Sons has reported a revenue that climbed 9% in 2017 compared to the previous year, exceeding GBP 500 million for the first time. With an underlying operating profit of GBP 55.8 million, the company marked a 10% increase from GBP 50.8 million posted for 2016. Three out of four James Fisher’s business divisions saw a boost in their profits, with the Marine Support division – which serves the offshore renewables sector – leading with an increase of 17%.

  • GDF SUEZ Appoints New CFO

    12 January 2015
    Business & Finance

    Judith Hartmann has been appointed Chief Financial Officer of GDF SUEZ, effective 16 March 2015. Judith Hartmann, an Austrian citizen, holds a Ph.D. in Economics from the University of Vienna. She began her career in 1993 at Transport Canada in Ottawa. In 1997, she began working at the Financial department of Walt Disney Company in […]

  • Europort Captures Global Industry Mood

    23 October 2013

    Two weeks before the doors open at Europort, Rotterdam, organiser Ahoy is finalising arrangements for the event that promises to provide a benchmark for the ‘state of the global maritime and offshore industry’ in late 2013. Alongside attendees at its Advanced Technology Conferences industry seminars and networking opportunities, over 1,000 exhibitors will be present at […]

  • Belgium: GWEC Realeses Global Wind Market Report

    17 April 2013

    The Global Wind Energy Council (GWEC) released its Annual Market Update today, with a comprehensive snapshot of the global wind industry at the end of 2012, along with a 5-year forecast out to 2017. Although policy uncertainty in the main OECD markets is a cause for concern, strong markets in China, India and Brazil, as […]

  • Iberdrola Submits Three Offshore Wind Applications in Brazil, Enters State Green Hydrogen Agreements

    2 September 2022
    Authorities, Business & Finance, Wind Farm Update

    Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has applied for environmental investigation licences for offshore wind projects in three of the country’s states, and has also entered into an agreement on offshore wind and green hydrogen development with one of the states. The company has submitted environmental investigation applications to the Institute for the […]

  • Keppel Offshore & Marine Appoints New Managing Director (Singapore)

    9 June 2011
    Business & Finance

      The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Mr Chow Yew Yuen (周耀源) has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Mr Tong Chong Heong, CEO of Keppel O&M. Mr Chow will be based in Singapore. He will assist […]

  • EU-funded Initiative Set to Boost Marine Renewables with EUR 9 Million (Ireland)

    12 December 2011
    Business & Finance

    A new EU-funded initiative is set to give the marine renewable energy sector a boost worth EUR 9 million. The MARINET (‘Marine renewables infrastructure network’) initiative will give companies access to test facilities in specialist marine renewable energy centres across Europe. Led by researchers at the Hydraulics and Maritime Research Centre (HMRC) at University College […]

  • Norway: Anchor Contracting Appoints New Managing Director

    1 February 2013

    Jørgen Jorde is appointed as Managing Director of Anchor Contracting AS. Jørgen Jorde has served as project manager and technical director of Anchor Contracting since he entered Inocean as responsible for SURF & Renewable in beginning of 2012, a position he will continue holding. Jorde has more than 20 years of experience in the industry […]

  • Aqualis Group Successfully Listed on Oslo Børs Stock Exchange

    13 August 2014
    Business & Finance

    Aqualis Offshore Holding ASA (New Aqualis Group) has been successfully listed on Oslo Børs stock exchange with the commencement of trading in AQUA shares today. The New Aqualis Group consists of three business units with largely similar service offerings and business models; Aqualis Offshore Ltd and its subsidiaries, Tristein AS and Offshore Wind Consultants Ltd. Targeting the […]

  • Offshore Wind Induces High Voltage Subsea Cable Market Growth

    21 November 2016
    Business & Finance

    Global high voltage cable market is expected to garner $47.1 billion by 2022, growing at a CAGR of 6.7% from 2016 to 2022, with submarine cables expected to witness the fastest growth during the forecast period with a CAGR of over 8%, according to a new research published by Allied Market Research. Underground and submarine cables […]

  • Iberdrola Makes Offshore Wind Power Play in the Philippines

    12 January 2022
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Iberdrola has signed an agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, and Stream Invest Holding AG, a Swiss renewable energy group, sealing an option to enter five offshore wind projects with a combined capacity of up to 3.5 GW. All projects have secured a Wind Energy Service Contract from the Philippines […]

  • ACCIONA Appoints New Chief Global Business Development Officer (Spain)

    10 November 2011
    Business & Finance

    Formerly at Citigroup, Fidel Andueza will be responsible for identifying and developing business and commercial opportunities and will sit on the Management Committee. Fidel Andueza will join ACCIONA as Chief Global Business Development Officer as part of an effort to enhance the Group’s international strategy. The appointment will be effective as of January 1st 2012. […]

  • GlobalData Looks into UK Energy Bill’s Potential Effects on Pricing, Energy Security

    30 November 2012

    The key measure of the UK’s new Energy Bill will be to introduce a government-owned entity that will buy electricity at an agreed “strike price” from low carbon generators and recover the costs from electricity customers via electricity suppliers. The government-owned entity will buy the electricity under a contracts-for-difference mechanism feed-in-tariff (CfD FiT) that will […]