Search results for: 2.8bn

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  • 10 August 2012
    Business & Finance

    While many companies and traditional industries have struggled, Scotland’s renewable electricity industry has delivered capital investment of some £2.8bn since the beginning of 2009, according to new figures from Scottish Renewables. The figures are part of a new series of statistics ‘Scotland’s Renewable Energy Sector in Numbers’ published online this week.  Niall Stuart, Chief Executive […]

  • 1 February 2018
    Business & Finance

    Ørsted reported a 74% jump in wind power division’s operating profit (EBITDA) in 2017, largely due to farm-downs of 50% of the Walney Extension and the Borkum Riffgrund 2 offshore wind farms.

  • 6 August 2014
    Business & Finance

    As the need for energy security drives investment in renewable energy, the insurance industry is responding by providing innovative products to mitigate some of the potential volatility. Global investment in renewables fell by 14% during 2013, but the percentage of electricity generated by renewable sources still grew, according to the United Nations Environment Program. Renewables […]

  • 5 November 2018
    Industry Contribution

    By Jon Harman, Head of Renewable Energy and Portfolio Director, New Energy Update Germany’s first offshore wind auction, in April 2017, was a watershed for the industry. Anticipating fierce competition, Ørsted and EnBW both pitched projects that would not require subsidy support, a concept undreamt of at the time. Since then, more than 2.5 GW […]

  • 10 October 2016
    Authorities, Business & Finance, Environment, R&D

    Global clean energy investment had its weakest quarter since 2013 between July and September this year, under the impact of a summer lull in offshore wind financings in Europe and a further stage in the slowdown seen this year in project funding in China and Japan, according to Bloomberg New Energy Finance. Investment in renewable […]

  • 15 July 2014
    Business & Finance

    Global clean energy investment surged to $63.6bn in the second quarter of 2014, up 33% compared to the first quarter and 9% compared to Q2 2013, according to the latest authoritative figures from research company Bloomberg New Energy Finance. Q2 2014 was the strongest quarter for investment since Q2 2012 which reached $69.6bn, and was […]

  • 8 February 2013

    The EU wind energy sector installed 11,566 MW of capacity in 2012, bringing the total wind power capacity to 105.6 GW, according to the 2012 annual statistics launched by the European Wind Energy Association (EWEA).  Of the 11,566 MW installed in the EU, 10,399 MW was onshore and 1,166 MW offshore. Investment in EU wind […]

  • 16 March 2017
    Business & Finance, R&D, Technology

    German wind turbine manufacturer Senvion has set in motion a transition plan expected to put the company on track towards double-digit growth in revenues and absolute EBITDA by 2019.

  • 3 February 2016
    Business & Finance

    Swedish state-owned power company Vattenfall will spend SEK 14 billion (EUR 1.5 bn) on developing its renewable energy power sources, mainly wind , throughout 2016 and 2017, aimed at helping the company reach the goal of adding further 2,300 MW of installed wind capacity by 2020.  The renewables will take the 93% share of Vattenfall’s growth investments in […]

  • 10 July 2015
    Business & Finance

    Bloomberg New Energy Finance (BNEF) today reported that two big European offshore wind financings, and a record quarter for investment in Chile, were among the highlights of an otherwise sluggish Q2 2015, when it comes to clean energy investment. Worldwide, clean energy investment was $53bn in the second quarter of 2015, just 3% less than a revised $54.4bn […]

  • 27 April 2016
    Business & Finance

    DONG Energy has ended the first quarter of 2016 with DKK 5.2 billion (EUR 699 million) net profit, a 49% increase compared to DKK 3.5bn net profit recorded in the first quarter of 2015, mainly attributed to a strong performance in the Danish energy company’s Wind Power sector. Earnings before interest, taxes, depreciation and amortization […]

  • 9 January 2015
    Business & Finance

    World clean energy investment rebounded strongly in 2014, boosted by demand for solar photovoltaics on the back of its greatly improved competitiveness, and by the financing of a record $19.4bn of offshore wind projects. Authoritative annual data, published today by Bloomberg New Energy Finance, show that global investment in clean energy was $310bn last year. […]

  • 13 April 2015
    Business & Finance

    Global investment in clean energy was $50.5bn in the first quarter of 2015, down 15% from Q1 2014. According to Bloomberg New Energy Finance, the Q1 figures show that investment in Europe slipped 30% compared to first quarter 2014, to $9.7bn, while that in China fell 24% to $11bn. Investment in the US edged up […]

  • 22 March 2017
    Business & Finance, Environment

    Danish fund management company Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III K/S, which has already received commitment of DKK 8.8 billion (around 1.2bn EUR).

  • 9 February 2011

    The year’s order intake of 8,673 MW had a value of EUR 8.6bn, corresponding to EUR 1m per MW, which is on level with 2009, with an order intake of 3,072 MW at a value of EUR 3.2bn. Measured in MW, the order intake rose by 182 per cent. In 2010, Vestas reached its expected […]

  • 19 August 2015

    Dong Energy has reported a net profit of DKK 2.8 billion for the first half of 2015, an increase of DKK 1.3 billion compared to H1 2014. On back of the the strong earnings, the company has adjusted outlook for 2015 upwards with EBITDA lifted by Dkr1.5bn to between Dkr17bn and Dkr19bn for this year. […]

  • 4 February 2016
    Business & Finance

    DONG Energy recorded an operating profit (EBITDA) of DKK 18.5 billion (EUR 2.48 bn) in Fiscal Year 2015, a 13% increase compared to DKK 16.4 bn EBITDA in FY 2014, driven mainly by higher generation from offshore wind and higher levels of offshore wind farm construction activities for co-investors, the company said in its annual report today. […]

  • 2 July 2014
    Business & Finance

    The next decade and a half will see renewable energy raise its share of European electricity generation capacity from 40% in 2012, to 60% in 2030, while the share of fossil-fuel sources such as coal and gas falls from 48% to 27%, according to a major report from research company Bloomberg New Energy Finance. The […]

  • 27 July 2016
    Authorities, Business & Finance

    UK offshore wind projects attracted around three quarters of all investments in Europe’s offshore wind capacity in the first six months of 2016, data released by WindEurope shows. UK-based projects which reached Final Investment Decision (FID) in the first half of 2016 carry a price tag of EUR 10.37 billion (GBP 8.7 billion) and have […]

  • 19 April 2016
    Business & Finance, R&D, Wind Farm Update

    Two multi-billion dollar offshore wind projects have turned Europe into the strongest performing region in terms of clean energy investments in the first quarter of 2016, according to the data compiled by Bloomberg New Energy Finance (BNEF). The two projects, the 1.2GW Hornsea Project One and the 714MW East Anglia One, which both received final investment […]

  • 24 July 2014
    Authorities, Business & Finance

    On 22 July 2014, the Government department for UK Trade and Investment (UKTI) and HM Treasury jointly published a guide detailing opportunities to invest in UK Infrastructure (Investment Guide). Highlights include potential investment opportunities/case studies in respect of renewable energy projects within the offshore wind, onshore wind and biomass sectors. For example, the Investment Guide […]

  • 21 December 2010
    Training & Education

    The Crown Estate, Envirolink Northwest and The Mersey Partnership are co-hosting a free event for companies interested in the North West and North Wales offshore wind market. The Mersey Partnership estimates the next round of Irish Sea Zone wind farm development could be worth £15bn to the Liverpool city region economy. The event takes place […]

  • 24 February 2016
    Business & Finance

    Spanish energy giant Iberdrola recorded a net profit of EUR 2.42 billion in 2015, 4.1% more than the previous year, attributed largely to the company’s thriving renewables division. The company’s EBITDA rose to EUR 7.3bn, a 4.9% increase on 2014. The Renewables division marked a 18.6% jump in EBITDA year-on-year, which stood at EUR 1.58bn, and was driven […]

  • 24 June 2014
    Business & Finance

    The UK Green Investment Bank plc (GIB) today reported its performance for the financial year to 31st March 2014. GIB committed £668m to 18 green energy projects, more than doubling the number of green projects it backed in its first year. GIB is now the most active investor in the UK’s green economy. An additional […]

  • 22 November 2010

    In company announcement No. 40/2010 of 26 October 2010, Vestas informed about its considerations in relation to a potential change in accounting policies, which could have a significant effect on previous as well as future financial statements. As illustrated in this announcement, the consequence of the new policy regarding recognition of revenue for supply-and-installation projects […]

  • 9 February 2012
    Authorities

    Lib Dem MP Ed Davey, the new energy secretary, will today inaugurate the world’s biggest offshore wind farm, reports Bloomberg. The launch will reportedly mark the start of a £33 billion push to expand the sea-based generation of electricity. Walney offshore wind farm consists of 102 Siemens’ 3.6MW wind turbines, with the total capacity of […]