The wind farm project developer, PNE WIND AG, has published its results for the first half of 2012. The reporting period was characterised by ntensive onshore and offshore project development activity which required advance payments and investments in projects whose realisation will lead to future s
German unit of Vattenfall says that the German energy strategy will hit the consumers’ pockets as costs for new renewable power generation units and networks must be passed on. Vattenfall Europe chief Tuomo Hatakka told the Sueddeutsche Zeitung that he expects the electricity bill for private custom
With the purchase of a brand new vessel and a contract for an additional new jack-up ship, the Aarhus-based company DBB Jack-Up Services is cornering the market of specialised service for the offshore wind turbine industry. Both new vessels are considerably more technically advanced than other vesse
Lamprell, a leading provider of specialist engineering services to the international oil & gas and renewable industry based in the UAE, announces its Interim Results for the six month period to 30 June 2012. H1 2012 financial results: Revenue: US$ 528.1 million (H1 2011: US$ 383.6 million). Operatin
Today, there is information in the market that Vestas is in dialogue with Mitsubishi Heavy Industries. Vestas can confirm that there is an ongoing dialogue between the two companies regarding a potential strategic cooperation. If the dialogue results in an agreement, Vestas will make a company annou
MeyGen is today announcing its entry into the Saltire Prize and welcomes the opportunity to challenge for this significant accolade. Meygen’s entry coincides with the launch of the Saltire Prize Grand Challenge Period, which is being formally announced today in Orkney by Scotland’s First Minister, A
Carole Barbeau has been announced as the new President and CEO of GL Garrad Hassan North America, with immediate effect. Mrs. Barbeau brings extensive experience of the renewable energy industry and will be responsible for managing the activities of the renewable energy consultancy on the North Amer
This summer, SubC is involved in several projects related to the issues of the grouted connections on monopiles. After thousands of grouted connection inspections, SubC has gained a significant knowledge of these issues and their related problems. Due to this expertise the company has gained, SubC h
Xinjiang Goldwind Science & Technology Co., Ltd. (“Goldwind”) has announced its interim results for the six months ended 30 June 2012 (the “reporting period”). According to unaudited financial statements prepared in accordance with International Financial Reporting Standards, the Group generated rev
The Statnett Group reports profit after tax of NOK 187 million in the second quarter of 2012. The corresponding figure for the same period in 2011 was NOK 126 million. Profit after tax for the first half of 2012 was NOK 452 million, compared to NOK 520 million for the first half of 2011. Profit [&he
Ramboll’s revenue grew by 11% to DKK 3.9 billion during the first six months of 2012. Operating profit before goodwill amortisation (EBITA) was DKK 231 million, which was 63% higher than the same period last year. Ramboll achieved all-time high revenue of DKK 3,886 million during the first six month
A report on wind energy mergers and acquisitions (M&A) and venture capital (VC) funding has been issued by Mercom Capital Group, saying that M&A and VC funding decreased in the second quarter (Q2) of 2012, although the large-scale project funding turned in a strong quarter. The large-scale wind powe
Two German companies have joined forces to sustainably optimize electricity generation from wind energy. For the first time ever, PCS Power Converter Solutions from Berlin and VEM Sachsenwerk from Dresden are offering a thoroughly tested and perfectly integrated combination of full power converters
The second quarter of 2012 was characterised by low electricity prices in the Nordic region, but a significant portfolio of long-term power contracts and high production still ensured that the Group achieved satisfactory results. Underlying EBITDA and the pre-tax result were higher than in the same
