Business & Finance
Denmark: DONG Satisfied with Financial Q1 of 2013
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2013 with the following financial highlights and outlook compared with the first quarter of 2012: — First-quarter 2013 EBITDA was DKK 4.6 billion, up from DKK 3.6 billion in the first quart
New Knowledge and Innovation Center to Strengthen Danish Offshore Wind Cluster
Denmark’s national, new knowledge and innovation centre for the offshore sector has appointed Morten Basse Jensen as Divisional Director of the sustainable energy division Offshore Renewables, which will be part of the coming, new division. Morten Basse Jensen will begin in his job on May 1 and will
UK: Vestas, GE Lead among Wind Turbine Manufacturers in 2012
Press release: General Electric of the US and Vestas of Denmark were tied for pole position among turbine manufacturers in the world wind market in 2012 – a record year that saw 48.4GW of new capacity installed. Research by Bloomberg New Energy Finance, published for clients today, finds that a surg
UK: Burbo Bank Extension Offshore Wind Farm Application Accepted for Examination
The Planning Inspectorate has announced that the application by DONG Energy Burbo Extension (UK) Ltd for the proposed extension to the Burbo Bank Offshore Wind Farm has been accepted, by the Secretary of State for Communities and Local Government, for examination. The application for the proposed Bu
Spain: Gamesa Approves Financial Statements and Conduct of Business for 2012
At its Shareholders’ Meeting in Zamudio (Bilbao) , Gamesa approved the financial statements and conduct of business for 2012. Gamesa Chairman Ignacio Martín provided shareholders an overview of the company’s results in 2012 and presented the outlook for 2013. In his presentation, he underlined the v
Submarine Cable Laying Services Needed for Innogy Nordsee 1, Germany
Innogy Nordsee 1 GmbH is seeking for submarine cable laying services for its offshore wind farm situated 32 km north of the island of Juist between the traffic separation area Terschelling-German Bight and German Bight Western Approach. The contract is for the preparation of the design, supply, stor
UK: JDR Posts Results for 2012
JDR, a leading provider of technology connecting the global offshore energy industry, has published its results for the twelve months ended 31 December 2012 together with its Annual Report. Andrew Norman, Chief Executive of JDR, said: “I am delighted to report that JDR has delivered a record perform
Germany: DONG Energy Seeks Heavy-Lifting Services
DONG Energy Renewables Germany GmbH is looking for a contractor to undertake transport and installation work of offshore substations for the Gode Wind 02 and Gode Wind 01 offshore wind farms. The Contract includes the following lots: – Lot 1: Transportation and installation of 1 jacket substructure,
Germany: Global Tech I Appoints Thomas Maetzel as New CFO
Global Tech I Offshore Wind GmbH has appointed Thomas Maetzel as its new Chief Financial Officer. With effect from 1st April, he assumed the responsibility for the commercial and corporate aspect of the North Sea wind farms. He replaces Dr. Thomas Meerpohl, who Iis taking over the position of Head o
Gardline Awarded Contract for Lynn & Inner Dowsing Wind Farms (UK)
Gardline, one of the leading vessel service providers for the offshore renewables sector, has been awarded a four boat charter working for the Lynn and Inner Dowsing Wind Farms, owned by Centrica and EIG Global Energy Partners. Gardline Environmental’s Coastal Services Division will be supplying 4 x
UK: NPower Didn’t Pay Taxes Thanks to Building Wind Farms
NPower, UK- based energy supplier, admitted that it hasn’t paid any corporation taxes in three years, even though the company earned GBP 766 million in profits, according to the Daily Mail. The UK MPs questioned Paul Massara on Monday, the head of the energy company, which turned out to be at the to
LS Cable & System Enters European Market
LS Cable & System (President & CEO: Ja-Eun Koo) will be the first cable maker in Korea to introduce the High Voltage Direct Current (HVDC) cables to the European market. On April 15 the company announced that it would supply 24.5km of 285kV extra high voltage submarine cables and connectors to Energ
Germany: KfW to Finance Shipping Industry
German government-owned development bank, KfW group is considering increasing its presence in the shipping industry, writes Reuters. This announcement follows a previous withdrawal from the shipping business by a number of banks including Commerzbank, Lloyds and UniCredit. KfW doesn’t plan to acquir
Danish, Chinese Businesses and Research Institutes Sign Twelve Renewables R&D Contracts
Co-operation with China through the Danish Ministry of Foreign Affairs’ Renewable Energy Development (RED) programme has reached another milestone. Twelve contracts for research and development projects have been signed between Danish and Chinese businesses and research institutes. The 12 projects a