Search results for: strong

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  • 5 January 2015
    Business & Finance

    Mustang Marine, which builds workboats and marine renewable energy devices, is celebrating a flying start to 2015. The company was bought out of administration in May 2014 by a group of nine investors, and has completed a broad range of orders in what was a successful second half of 2014. Now under a new ownership […]

  • 8 December 2014

    November 2014 was a “big month” for wind power in Scotland, new figures published today reveal.  The figures come as ministers from almost 200 countries gather in Lima, Peru for the second and final week of the UN climate talks, which is aiming to make progress on the draft of a new global deal on […]

  • 17 November 2014
    Business & Finance

    Northland Power Inc. reported its financial results for the quarter ended September 30, 2014. Gross profit for the third quarter was up 11 percent totaling to CAD 110 million compared to the same period last year. For the 9 months period, gross profit CAD 347 million with an increase of 44 percent. “We are pleased […]

  • 13 November 2014
    Business & Finance, R&D

    Anders Jansson, CEO of Nordic marine energy technology company Minesto, has compiled his predictions on which three trends will be the strongest in the renewable and marine energy industries in 2015.  A commercial breakpoint Mature technologies in renewable energy, e.g. solar and wind energy, have reached a technical and commercial breakpoint where they compete with conventional […]

  • 7 November 2014
    Business & Finance

    In the third quarter of 2014, Vestas generated revenue of EUR 1,813m – an increase of 26 per cent compared to the third quarter of 2013. EBIT before special items increased by EUR 96m to EUR 163m primarily due to higher volume and to a lesser extent also caused by improved average margins. The EBIT […]

  • 29 October 2014
    R&D, Technology

    AXYS Technologies Inc has announced the EDP Inovação (EDPi) WindSentinel floating LiDAR system has survived a major storm that ravaged the coast of Portgual near Viana do Castelo on October 16, 2014. Enduring gale force winds with gusts of over 90 km/hr and waves the size of three-story buildings (10 metres high), the WindSentinel remained on-station, […]

  • 22 October 2014
    Business & Finance, Grid Connection

    ABB’s focus on profitable organic growth and the related strategic initiatives resulted in a strong order increase across all regions in the third quarter. Total orders rose to $11.2 billion, boosted by large orders (above $15 million) including a power transmission link in Europe, a mining automation project in the Americas and a gas treatment […]

  • 20 October 2014

    Strong wind speeds over the weekend contributed significantly to the UK’s electricity supply as nuclear reactors remained offline and a large gas plant was suddenly hit by a fire. Wind power set a new record on Sunday by providing 24% of the UK’s electricity supply for the entire day. The previous record stood at 22% […]

  • 23 July 2014
    Business & Finance

    ABB reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ongoing project-related challenges in the Power Systems (PS) division. Orders of $10.6 billion were 14 percent higher (13 percent on a like-for-like basis) compared with the same […]

  • 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 […]

  • 24 April 2014
    Business & Finance

    On April 22, 2014, Technip’s Board of Directors approved the first quarter 2014 consolidated financial statements. These include the first time application of IFRS 10, 11 & 12. Financial statements throughout prior period have also been restated to conform to these new standards, as have the Group’s backlog and other key operating indicators.

  • 6 March 2014

    Wind Energy Hamburg, an international trade fair for the wind industry, will be held in Germany’s second largest metropolis from 23 to 26 September 2014. The leading trade fair which covers the entire value chain, both onshore and offshore, will have more than 1000 exhibitors from all over the world. “The energy revolution in Germany, […]

  • 13 February 2014

    Offshore Marine Management’s Guard Vessels business has released their figures for the 2013. They had 4,728 vessel management days recorded and a number of key industry relationships forged. The company has provided guard vessels for a number of high profile wind farm interconnectors, including Borwin 2, Helwin 1, Dolwin 1 and Sylwin 1, thus building […]

  • 28 November 2013

    In the run-up to the Chancellor’s Autumn Statement on 5th December, RenewableUK is urging the Government to strengthen its support for offshore wind energy by adopting a series of proposals outlined in a thought-provoking new position paper published today, “Offshore Wind: Decision Time”. The document was written by Charles Ogilvie, former Chief of Staff to […]

  • 22 November 2013
    Business & Finance

    The Alliance to Protect Nantucket Sound (APNS) has reported continued strong fundraising for this past year. According to APNS in 2012 a revenue of nearly $2.1 million was reported. Read the APNS results below: Revenue of nearly $2.1 million was reported in 2012, stable with 2011 levels and up 17 percent since 2010. Of the […]

  • 15 November 2013
    Authorities, Business & Finance

    Eight European companies call for a strong 2030 EU climate and energy framework based on mutually reinforcing tools and targets, including an ambitious and legally binding target for the share of renewable energy in the energy mix of more than 30%. Collectively, the group represents 176,000 jobs and over €250 billion annual turnover and is […]

  • 27 September 2013
    Business & Finance

    This morning, Vestas Wind Systems A/S (Vestas) announced the establishment of a joint venture (JV) with Mitsubishi Heavy Industries Ltd. (MHI), which is dedicated to offshore wind energy. The establishment of this joint venture is a response by the two companies to the strong growth potential of the offshore wind market, for which their current […]

  • 12 September 2013

    Scottish Renewables reacted to a new Audit Scotland report which claims Scotland’s strategy for renewable energy is clear but achieving goals will be challenging.  Niall Stuart, Chief Executive of Scottish Renewables, said: “The report highlights the clear and strong energy policy from the Scottish Government, which has given the industry confidence to invest and build […]

  • 11 September 2013

    Rhenus operates the largest publically accessible private port in Germany at Nordenham: the Rhenus Midgard terminal has developed into an important partner for power generation companies and their suppliers as a result of its transhipment and warehousing facilities. This applies to both conventional and renewable energy sources. Another company, TenneT, will start using the facilities […]

  • 15 May 2013

    The UK continues to lead the world in the field of offshore wind, with industry projections predicting a total of around 8GW of capacity installed by 2016 and around 18GW installed by 2020, by which point offshore wind will supply between 18 and 20 per cent of the UK’s electricity annually. Not surprisingly All-Energy 2013 […]

  • 15 May 2013
    Business & Finance

    DNV Group CEO Henrik O. Madsen says 2012 can be characterised as “a year of financial uncertainty and rapid technological change” which has led to an increasing complex risk environment for customers and, in turn, a continued demand for DNV’s technology and risk management services.  “The need to manage technical, societal and business risks is […]

  • 26 February 2013

    RenewableUK has welcomed a study by financial analysts Ernst and Young which puts Britain near the top of the list of countries in which to invest in renewable energy. However, the trade association expressed disappointment that offshore wind is placed behind Germany in its level of attractiveness. In Ernst and Young’s latest quarterly index, the […]

  • 30 November 2012

    RenewableUK, the trade and professional body representing the wind and marine energy industry, has welcomed the long-awaited publication of the Energy Bill. Introducing the Bill to Parliament today, the Energy and Climate Change Secretary, Edward Davey, said it would attract investment to bring about a once in a generation transformation of our electricity market, moving […]

  • 14 November 2012
    Business & Finance

    In the first nine months of the current year, the Nordex Group posted a 7 percent increase in sales to EUR 715.5 million (2011: EUR 668.2 million). Business in Europe, which is the company’s most important region, rose in particular, with sales climbing by 16 percent. With business volume EUR 294.4 million, the third quarter […]

  • 14 November 2012

    At a meeting held on Tuesday in New Bedford, offshore wind development in Massachusetts Wind Energy Area was strongly supported by the attendees. The support is based on the fact that offshore wind projects will bring great economy boost and job creation, especially for the city’s young people. The focus of the meeting was federal […]

  • 26 September 2012
    Business & Finance

    The demand for wind farm projects developed onshore and offshore by PNE WIND AG continues to be strong. This has been confirmed in many discussions held with energy suppliers, insurance companies and also financial investors during the specialist trade fair, Husum Windenergy 2012. “We are well positioned to take advantage of this demand because PNE […]