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  • 15 August 2012
    Business & Finance

    The Nordex Group posted a 4.4 percent increase in sales to EUR 421.1 million in the first half of 2012 (2011: EUR 403.3 million). This growth was driven by the Company’s core European market, where sales grew by 17.2 percent to EUR 338.2 million. At EUR 522 million, new orders remained steady at the previous […]

  • 16 August 2013
    Business & Finance

    The principal subsidiary of Windreich, FC Windenergy achieves an operating profit of around EUR 36 million even in the difficult setting. FC Windenergy is mainly engaged in project development and project sales. The Windreich group generates a total asset of EUR 567 million due to the preliminary figures for 2012, a balance sheet total of […]

  • 5 November 2015
    Business & Finance, Operations & Maintenance, Technology

    Denmark’s Vestas is planning to build a new blade manufacturing facility in India and is expecting up to EUR 1 billion more in revenue in 2015 after posting encouraging operating results for the quarter ended September 30. The construction of the new factory will start in 2016, and the project is expected to cost around EUR 50 million, Bloomberg […]

  • 16 November 2010

    The European Wind Energy Association expects the European Commission to estimate Wednesday that the EU needs to spend Eur140 billion ($192 billion) on power infrastructure in the next 10 years, EWEA press officer Peter Sennekamp said Monday. The EC said in its 2020 energy strategy unveiled on November 10 that the EU would need to […]

  • 7 August 2012
    Business & Finance

    For the first 6 months of 2012 E.ON expects its group EBITDA to be around EUR 6.7 billion (prior year: around EUR 4.3 billion) and its underlying net income to be around EUR 3.3 billion (prior year: around EUR 0.9 billion). The extraordinary increase results from the positive effect published with our ad-hoc announcement as […]

  • 9 March 2016
    Business & Finance

    In its 2015 financial results published today, E.ON set out a 2016 investment plan worth EUR 4.5 billion, of which EUR 1.5 billion (34%) will be dedicated to renewables, with the main focus on offshore wind in Europe and onshore wind in the US. Offshore wind projects in Europe were also in the spotlight of last year’s investments at E.ON’s renewables […]

  • 11 May 2011
    Business & Finance

      The Nordex Group has begun the year 2011 with double-digit sales growth. The increase to EUR 183.1 million (Q1/2010: EUR 150.5 million) was materially underpinned by the strong performance of Nordex USA, which was able to expand its sales substantially to EUR 28.9 million (Q1/2010: EUR 3.4 million). At EUR 144.4 million, business in […]

  • 5 February 2015
    Business & Finance

    The Swedish energy company, Vattenfall, will invest a total of SEK 9.1 billion (EUR 963 million) in wind power over the course of two years. According to the company’s full year report, Vattenfall is planning to spend SEK 41 billion (EUR 4.34 billion) for the same period, out of which SEK 11.1 billion (EUR 1.18 […]

  • 12 August 2011
    Business & Finance

    The REpower Systems Group (WKN 617703) increased its sales by approx. 23% to EUR 262.5 million (previous year: EUR 213.1 million) in the first quarter of the 2011/12 fiscal year (April 1 to June 30, 2011). Total performance grew by nearly 22% from EUR 204.0 million to EUR 248.3 million. EBIT was EUR 10.0 million […]

  • 14 July 2015
    Authorities, Business & Finance, Grid Connection, R&D, Technology

    EU countries have agreed to invest a total of €150 million for 20 cross-European energy infrastructure projects.  The projects will increase energy security by contributing to the completion of an EU energy market and increasing the integration of renewable energy on the electricity grid, European Commission said. They will also help end the energy isolation […]

  • 13 March 2014
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EUR 1.24 per share […]

  • 9 November 2011

    Vestas generated revenue of EUR 3,798m in the first nine months of 2011, which was in line with the year-earlier period. EBIT declined by EUR 136m to EUR (84)m. The EBIT margin was (2.2) per cent. The free cash flow improved significantly to EUR (218)m from EUR (878)m in the first nine months of 2010. […]

  • 5 October 2015
    Authorities, Business & Finance

    On 1st October, the European Investment Bank (EIB) increased the 0.500% Climate Awareness Bond (CAB) 11/2023 by EUR 400m to bring the total amount outstanding to EUR 1bn. The bond completes EIB’s EUR Green Bond curve with a third liquid reference point in an intermediate maturity and takes the total CAB issuance to EUR 10.5bn. […]

  • 4 December 2015
    R&D, Technology

    Minesto, together with eight partners, has received EUR 5.1 million to develop the Deep Green technology within a project named PowerKite, financed through EU Horizon 2020. The aim is to develop the next generation of the Deep Green power plant; to give it a better performance, a longer life expectancy and improved reliability, all in order […]

  • 10 May 2016

    Today, five villages in Dutch municipality of Noordoostpolder received the first annual contribution of EUR 10,000 each, and will receive the sum from the of Noordoostpolder wind project over the next 20 years. The community fund will thus award EUR 200,000 per village over the 20 years, and EUR 1 million overall. The villages Creil, Espel, Nagele, Rutten […]

  • 4 May 2016
    Business & Finance

    Siemens recorded a 16% increase in revenue at its Wind Power and Renewables division in the second quarter of the Fiscal Year 2016 compared to the same period a year earlier. Wind Power and Renewables was one of the company’s divisions to land nine-digit contracts in the quarter with a EUR 1.2 billion order to supply 102 SWT-7.0-154 direct-drive wind […]

  • 20 August 2014
    Business & Finance

    In the second quarter of 2014, Vestas generated revenue of EUR 1,341m – an increase of 13 per cent compared to the second quarter of 2013. EBIT before special items increased by EUR 92m to EUR 104m primarily due to improved average project margins and higher volume. The EBIT margin before special items was 7.8 […]

  • 28 March 2012
    Grid Connection

    At today’s press conference held in Frankfurt chief executive officer of KfW, German development lender, Ulrich Schroeder, stated that KfW is considering the manners in which the production of renewable energy in Germany could be expanded, reported Bloomberg. He stated that there is a „room for manoeuvre“ since there is 5 billion-euro ($6.68 billion) financing […]

  • 24 September 2018
    Business & Finance

    Danish offshore wind operations & maintenance services provider ZITON A/S has raised EUR 100 million in a senior secured bond and EUR 25 million in a second secured bond.

  • 12 September 2014
    Business & Finance

    Swedish offshore wind energy developer Hexicon has attracted SEK 11.4 million (EUR 1.24 million) in the form of a rights issue to existing owners. Hexicon develops floating platforms for offshore wind energy. Swedish offshore wind energy company Hexicon, which recently announced an agreement with steel maker giant SSAB to develop offshore wind power platforms at […]

  • 23 June 2014

    Saving critical minutes during the construction of offshore wind farms can also save large amounts of money. The skill is in ensuring that the right people are always in the right place at the right time – and that no-one else is delayed by avoidable bottlenecks. Small delays with big consequences Good marine coordination on […]

  • 4 April 2012
    Business & Finance

    The wind farm project developer, PNE WIND AG confirms its EBIT forecast and again proposes a dividend payment amounting to EUR 0.04 per share. In the previous financial year, the company recorded a positive result at corporate level (EBIT) amounting to EUR 0.1 million (prior year: EUR 9.5 million). This is reflected in the 2011 […]

  • 18 April 2019
    Business & Finance

    German wind turbine manufacturer Senvion, its lenders, and main bond holders have signed a binding loan agreement, setting forth terms for a EUR 100 million debtor-in-possession (DIP) facility. According to Senvion, the DIP facility enables the company to continue its business operations following last week’s self-administration filing. The loan has received Board approvals and allows substantial […]

  • 14 November 2016
    Business & Finance

    LM Wind Power reported a strong growth in revenue and profitability in the third quarter of 2016, with the revenue in the three months to September 30 2016 increasing by EUR 96.1 million (50.3%) to EUR 287.2 million, compared with EUR 191.1 million in the same quarter last year. Year-to-date 2016 revenue was at EUR 778.5 million, EUR […]

  • 16 November 2011
    Business & Finance

    HOCHTIEF’s operating business performed as planned in the third quarter of 2011: The Group is in the black, with profit before taxes of EUR 333.0 million and consolidated net profit of EUR 98.7 million. That means HOCHTIEF achieved turnaround in the operating business, although it has not yet fully made good the loss incurred in […]

  • 14 November 2011
    Business & Finance

    The Nordex Group achieved an increase of roughly 9 percent in sales to EUR 668.2 million in the first nine months of 2011 (previous year: EUR 614.2 million). At EUR 264.9 million, sales in the third quarter were on a par with the previous year. Growth in the first nine months was driven by the […]