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Business & Finance

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Maryland Lawmakers Override Clean Energy Jobs Act Veto
Business & Finance

Maryland Lawmakers Override Clean Energy Jobs Act Veto

The Maryland State Senate, in conjunction with the House of Delegates earlier this week, voted to override Governor Larry Hogan’s veto of the Clean Energy Jobs Act. The bill, which was vetoed last May, will increase and accelerate the state’s Renewable Portfolio Standard (RPS) requirement from 20 pe

about 9 years ago
Bergen Group and AAK Energy Services Set Sights on Offshore Wind
Business & Finance

Bergen Group and AAK Energy Services Set Sights on Offshore Wind

Norway’s Bergen Group has entered into a strategic cooperation with compatriot rope access specialist AAK Energy Services AS as the company plans to increase focus on new areas such as offshore wind farms.

about 9 years ago
Atlas Professionals Joining Wikinger Team
Business & Finance

Atlas Professionals Joining Wikinger Team

Spanish energy company Iberdrola and specialist recruiter Atlas Professionals have signed a frame agreement for the provision of personnel to complement the existing team working on the 350MW Wikinger offshore wind farm project in the German part of the Baltic Sea. Atlas’ offshore wind team will be

about 9 years ago
NEI to Sell 6.3% Stake in DONG Energy
Business & Finance

NEI to Sell 6.3% Stake in DONG Energy

New Energy Investment S.à.r.l. (NEI) has launched an accelerated bookbuild offering of 26,500,000 of existing shares in DONG Energy to institutional investors, equivalent to 6.3% of the outstanding shares and voting rights in the Danish company.

about 9 years ago
Wind Industry’s Drone Demand Brings Growth to Cyberhawk
Business & Finance

Wind Industry’s Drone Demand Brings Growth to Cyberhawk

Cyberhawk Innovations, an aerial inspection and survey company using drones for wind turbine inspection, has reported a strong growth of its wind division in 2016, due to increased demand from domestic and international markets.

about 9 years ago
DONG Energy: No Oil, No Gas, No Coal
Business & Finance

DONG Energy: No Oil, No Gas, No Coal

DONG Energy has decided to entirely phase out the use of coal as fuel at its power stations by 2023. Since 2006, DONG Energy has reduced its coal consumption by 73% and will replace it at the power stations with sustainable biomass to achieve the zero point.

about 9 years ago
DONG Energy Reports 1120% Increase in Net Profit
Business & Finance

DONG Energy Reports 1120% Increase in Net Profit

DONG Energy left 2016 with a net profit of DKK 12.2 billion (approx. EUR 1.6 billion) – DKK 11.2 billion (EUR 1.5 billion) higher than in 2015, when the company reported a net profit of DKK 1 billion (EUR 134 million).

about 9 years ago
Icebreaker Windpower Applies for Construction Permit
Business & Finance

Icebreaker Windpower Applies for Construction Permit

Icebreaker Windpower Inc. has filed an application for a certificate to construct the 20.7MW Icebreaker offshore wind farm in Lake Erie with the Ohio Power Siting Board (OPSB).

about 9 years ago
European RE Industry Calls For Clarity on Post-2020 Energy Policy
Business & Finance

European RE Industry Calls For Clarity on Post-2020 Energy Policy

European renewable energy industry and investors need clarity on volumes and regulatory frameworks in the years after 2020 to be able to continue investing, according to WindEurope. Without the clearly set targets and regulations for the period after 2020, financing and deployment of new projects in

about 9 years ago
InnoEnergy Opens 2017 Investment Round
Business & Finance

InnoEnergy Opens 2017 Investment Round

InnoEnergy today launched its 2017 Investment Round to support innovative sustainable energy technology.

about 9 years ago
Nordex Buys Danish Rotor Blade Mould Maker
Business & Finance

Nordex Buys Danish Rotor Blade Mould Maker

Hamburg-based wind turbine supplier Nordex Group is acquiring Danish developer and manufacturer of rotor blade moulds, SSP Technology A/S. SSP Technology is also the holder of numerous patents for the production processes for this component, the Nordex Group said The acquisition includes IP rights,

about 9 years ago
Siemens Wind Power Marks Triple-Digit Profit Growth
Business & Finance

Siemens Wind Power Marks Triple-Digit Profit Growth

Siemens Wind Power and Renewables recorded a 119% increase in profit in the first quarter of the Fiscal Year 2017 compared to the same period a year earlier. The company’s renewable energy arm ended the first quarter of the current fiscal year with a profit of EUR 111 million, compared to EUR 51 mil

about 9 years ago
Nordergründe Commissioning Postponed to H2 2017
Business & Finance

Nordergründe Commissioning Postponed to H2 2017

Commissioning of the Nordergründe offshore wind farm, initially planned for the end of 2016, has been delayed after BVT, the company in charge of the substation, entered insolvency.

about 9 years ago
Highlights of the Month: January 2017
Business & Finance

Highlights of the Month: January 2017

Ex-Statkraft Engineer Develops New Foundation Installation Solution Arild Bolsø, an engineer who worked for Statkraft in Norway and Forewind in the UK, has developed a new technical concept for offshore wind foundation installation. According to Bolsø, the concept would reduce installation time by 3

about 9 years ago
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