Vos Prodect Innovations B.V. has been awarded an order by Norddeutsche Seekabelwerke GmbH (NSW), for the supply of Cable Hang-off Systems for an offshore wind farm project in the North Sea. Vos Prodect has carried an intensive development program to launch the best system to meet the technical & com
Siemens ended fiscal 2011 with record operating results and begins the new fiscal year in a position of strength. Total sectors profit climbed by 36 percent to €9.1 billion, income from continuing operations by nearly two-thirds to €7 billion. Revenue and new orders also increased. While revenue fro
Ocean tides, waves and currents could theoretically produce enough energy to supply the Northwest’s power needs far into the future… (menafn) [mappress] Source: menafn, November 10, 2011; Image: kitsapconferencecenter
The Maryland chapter of the Sierra Club is hosting a town hall meeting at the Randallstown Community Center Nov. 16 – one of several across the state… (carrollcountytimes) [mappress] Source: carrollcountytimes, November 10, 2011;
The economic headwinds currently blowing through Europe are unlikely to buffet Suzlon, India’s biggest maker of wind turbines, too… (business-standard) [mappress] Source: business-standard, November 10, 2011; Image: repower
The European Investment Bank may raise the price of loans to renewable energy projects to bolster capital as demand for funds rises, the bank’s climate chief said. “You could say that this year’s projects have to pay a bit more for next year’s borrowers, but it all goes back into the business,” Chri
Earlier today, Vestas released a company announcement with the financial results for the third quarter of 2011. Today, Ditlev Engel, President and CEO, informed Vestas’ employees about the company’s future focus areas. In the short term, these focus areas will be marked by difficult market condition
The Isle of Wight is to become a test-bed for smart grid technology through a new partnership that brings together some of the leading… (greenwisebusiness) [mappress] Source: greenwisebusiness, November 09, 2011; Image: wightabout
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 201
The U.S. wind turbine market is likely to peak in 2012 and decline significantly in 2013 due to the expiry of tax credits, the head… (reuters) [mappress] Source: reuters, November 09, 2011
The EU Commissioner for Climate Change emphasised the role of targets in boosting investments in renewable energy at an EWEA event last night. “It makes good business sense to invest in renewables yet people aren’t doing it”, said Commissioner Connie Hedegaard, pointing out that “this is one lesson
Wind power now accounts for the majority of the world’s non-hydropower renewable electricity capacity. Now that wind power has reached approximately one-fifth of total electricity generation in some countries, most in the energy industry appreciate it as a mainstream technology that is key to not on
SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment
The European wind energy market is just starting to recover from the economic downturn in 2009. As demand stabilises, steady growth is forecast. At the same time, the market is poised for greater consolidation that will result in the emergence of fewer but stronger participants. New analysis from Fr
