In the second quarter of 2015, Vestas generated revenue of EUR 1,749m, an increase of 30 percent compared to the year-earlier period. EBIT before special items increased by EUR 41m to EUR 145m. The intake of firm and unconditional wind turbine orders amounted to 3,018 MW in the second quarter of 201
Per Aarsleff A/S has entered into a contract with Frederikshavn Havn A/S for the enlargement of Port of Frederikshavn. The contract worth DKK 552 million (approx. EUR 74 million) covers phase 1 of a major expansion project for Port of Frederikshavn. The Port will enlarge and improve its current harb
The Scottish Green MSPs published a major research paper today, outlining how Scotland could create 200,000 jobs over the next 20 years by pursuing a new economy built on renewable energy, green chemistry, home insulation and forestry. The report, “Jobs in Scotland’s New Economy”, uses government an
Today, DONG Energy acquired the Hornsea Zone and the project rights to Hornsea Project Two and Three, which have the potential of 3 gigawatts (GW) of offshore wind capacity. This follows DONG Energy’s acquisition of Hornsea Project One, a 1,200 megawatt (MW) offshore wind project in the Round 3, whi
Canadian Beothuk Energy Inc. (BEI) has retained Jacob Securities Inc. (JSI) to identify project financing for the company’s previously announced demonstration offshore wind park. BEI’s plans include developing, owning and operating a portfolio of large-scale offshore wind energy projects in the Atla
The global certification company for renewable energy services DNV GL has been re-accredited by the German accreditation body Deutsche Akkreditierungsstelle GmbH (DAkkS). This allows DNV GL to conduct conformity assessment of wind turbines and their components, wind farm projects and their assets, s
By granting West of Duddon Sands (WoDS) Transmission plc a licence to own and operate the £269 million transmission link to the West of Duddon Sands offshore wind farm, the total new transmission investment delivered by the OFTO regime to date is over £2.5 billion, of which nearly £1 billion has now
SgurrEnergy has been named as a finalist in the International Trade category at the 2015 Glasgow Business Awards. The awards, due to take place on Thursday, 1st October at the Hilton Hotel Glasgow, celebrate innovation and success of Glasgow-based companies and attracts a wealth of high profile entr
West of Duddon Sands, a joint venture owned by DONG Energy and ScottishPower Renewables, has signed an agreement for the sale of transmission assets to WoDS Transmission plc. WoDS Transmission plc is owned by a consortium comprising of Macquarie Corporate Holdings Pty Limited and 3i Infrastructure p
Offshore maintenance contractors Offshore & Wind Assistance (OWA) and EWE Offshore Service & Solutions GmbH (EWE-OSS) have been hired to provide operation and maintenance services to the Gemini offshore wind farm in the Dutch North Sea. The 600MW Gemini offshore wind park, located 85 km north of the
The European Investment Bank (EIB) is providing equity-type financing of up to EUR 75 million to Copenhagen Infrastructure Partners (CIP) to finance Copenhagen Infrastructure II, an infrastructure fund that is investing in large energy-related projects such as offshore wind, biomass and transmission
Atlantis Resources Limited has raised £2.5 million before expenses through the conditional placing of 5,952,380 new ordinary shares. Tim Cornelius, CEO of Atlantis, commented: “We are very pleased with the continued support of our shareholders demonstrated through this successful placing. The funds
Aveillant has appointed Professor Chris Baker as its new Chief Technology Officer. Current CTO, Dr Gordon Oswald will become Chief Science Officer, assuring Aveillant’s radar science base. The expanding development team will be accelerating the deployment of Holographic Radar across a range of appli
Blackbird International Corporation (BBRD), a wave energy technology company, will pay a dividend to the shareholders on record dated December 31, 2015. Shmuel Ovadia, Director and inventor of BBRD’s technology stated: “We believe the common shares of BBRD are very valuable and this program will not