In fiscal 2012, Siemens achieved a seven percent gain in revenue and a strong profit. Income from continuing operations was €5.2 billion and thus in line with expectations. New orders declined ten percent year-over-year. “A strong fourth quarter enabled us to fulfill our expectations for fiscal 2012
Energy and sustainability advisory company DNV KEMA, the energy arm of DNV, has appointed the former President of Sweco Norway to the post of Scandinavia regional manager. Vibecke Hverven joins DNV KEMA on 1 December with more than seven years of experience as President of Sweco Norge, a leading mul
GES Deutschland GmbH, the European market leader in the domain of wind energy systems services, will take over service operations of the wind energy systems manufacturer PowerWind GmbH seated in Hamburg. In one of the first insolvency proceedings in self-administration under a new law on facilitatin
With support from Flemish Government, a newly launched joint venture, FLiDAR nv, starts product trials in North Sea with aim to deliver tools to drastically reduce costs of offshore wind developments. 3E and OWA (DEME Group) have announced the official launch of FLiDAR N.V. Based in Oostende, FLiDAR
The number of Danish companies which are discovering opportunities within the offshore industry is rising. CEO of Offshore Center Denmark, Peter Blach, is quoted by the Danish news site Business as saying that the high growth rate of offshore wind industry is contributing very much to this interest.
AMSC, a global solutions provider serving wind and grid leaders, has reported financial results for its second quarter of fiscal year 2012 ended September 30, 2012. Revenues for the second quarter of fiscal 2012 were $20.9 million, which compares with $20.8 million for the second quarter of fiscal 2
DP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, announced that in the first nine months of 2012 electricity output increased by 11% YoY to 13.3 TWh, as a result of the capacity growth over the last 12
Allan Bødskov Andersen, 40, is today appointed new Head of Investor Relations and Group Treasury following Morten H. Buchgreitz appointment as new Executive Vice President of Energy Markets. Allan Bødskov Andersen comes from a position as Head of Group Credit & Funding in DONG Energy. He holds a PhD
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys. While
“We need new, binding targets for renewable energy. We need a clear perspective for renewable energy, and the EU countries must make commitments.” This was the clear statement from Günther Oettinger, EU Energy Commissioner, at the reception marking the ground breaking partnership between DONG Energy
The Dalby Trent has been awarded a contract for work on the Karehamn offshore wind farm for Jan De Nul who are working on behalf of EON in Sweden. The vessel will be doing crew transfers, ROV and Diving Operations. The vessel is the first wind farm support vessel to arrive on the field and […
The EU has pledged to provide around € 1.9 million for the national innovation network Offshore Center Danmark to be used for a new 3-year project called ECOWindS. The project will gather knowledge of installation, operation and maintenance of offshore wind farms in the UK, Germany, Denmark and Norw
The wind farm project developer, PNE WIND AG, achieved an excellent result for the first nine months of the 2012 financial year. During this period, the company realised a turnover amounting to EUR 80.9 million (previous year: EUR 33.1 million). The EBIT increased very significantly to EUR 24.9 mill
ScottishPower Renewables (SPR) and Vattenfall, the developers of East Anglia Offshore Wind (EAOW), have revealed today that £6.65 million has been invested in the East Anglia region through contracts with local businesses over the last two years as part of plans to build one of the largest offshore
