China Ming Yang Wind Power Group Limited (Ming Yang), a leading wind turbine manufacturer in China, has announced its unaudited financial results for the second quarter ended June 30, 2013. Second Quarter 2013 Financial Highlights: Total wind turbine generators (“WTGs”) for which revenue was recogni
Reef Subsea has taken the step to restructure its business into two divisions – one being a new division focused on integrated subsea projects and the second a restructure of the Dredging & Excavation division. In the restructure, Reef Subsea Power & Umbilical and Reef Subsea Norway has merged to fo
As part of the Obama Administration’s all-of-the-above strategy to deploy every available source of American energy, the Energy Department today announced $16 million for seventeen projects help sustainably and efficiently capture energy from waves, tides and currents. Together, these projects will
Many political leaders have raised their concern over Eyemouth boat building firm going into administration, reports the BBC. Before going into administration, the Coastal Marine Boatbuilders Limited had received an order to build offshore wind support vessels. Lib Dem MP Michael Moore said: “I have
SeaEnergy, the innovative energy services group, today announces half year results for the six months ended 30 June, 2013. Highlights: Operational · R2S reporting substantial growth with new North Sea clients and international expansion · Ship Management business launched in June · Knowledge Transfe
Lamprell has released an 2013 interim financial results for six months to 30 June 2013. John Kennedy, Non-executive Chairman for Lamprell, said: “The new management team led by Jim Moffat has achieved a great deal during the first half of 2013, securing longer term financing for the Group and bringi
3sun Group, a specialist provider of products and services to the global energy industry, has announced the acquisition of RRC Controls Services Ltd, based in Gourdon Aberdeenshire. The deal, worth a six figure sum, is part of 3sun Group’s plans to expand its footprint in Aberdeen and enhance its se
The European Commission is preparing to review the guidelines for state aid in the energy sector. Even though the Commission’s proposals will probably only be unveiled after the German Bundestag election on 22 September, the Greens have already obtained a draft version of the new rules. This draft t
Wave energy developer Carnegie Wave Energy Limited announced that it has received $374,121 of progress payments from the Federal Government for progress of the Perth Wave Energy Project and CETO wave powered Seawater Desalination Pilot Plant. ARENA Milestone 4a – Foundation System Carnegie received
According to a new market research report of “HVDC Transmission Market – By Technology (LCC/VSC), Configuration (Back To Back, Monopolar, Bipolar, Multi-Terminal), Power Rating (Below 500 MW, 501 MW – 999 MW, 1000 MW – 2000 MW & Above 2000 MW), Application, Component & Geography (2013 – 2018)”. The
During August 21 and 22, after 2013 interim results announcement of China Longyuan Power, Li Enyi, President of the Company led the roadshow team to conduct interim results roadshow in Hong Kong. During the period, the Company communicated with 59 world-renowned institutional investors in the form o
Petrofac Limited (Petrofac) today announces its interim results for the six months ended 30 June 2013. Ayman Asfari, Petrofac’s Group Chief Executive commented on the interim results: “Operationally, we have made a good start to the year on our portfolio of projects and we have built good momentum i
Wave energy developer, Carnegie Wave Energy Limited, announced the signing of a Cooperation Agreement with the Water Corporation of Western Australia to support Carnegie’s ground breaking wave powered desalination pilot plant. The Cooperation Agreement allows the Water Corporation to provide support
It is no wonder that some wind energy companies are reluctant to hire new employees on a long-term base. Not only is the policy always sending mixed signals on the future of the wind energy, but the network operators are also facing difficulties to connect the wind turbines on time. This means that