The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geog
The Group accounts for the first quarter 2012 comprise Ganger Rolf ASA and its subsidiaries (“The Group of companies”) and the Group of companies´ ownership of associates. Comparable figures for the same period in 2011 in brackets. The accounts are unaudited. The operating result (EBIT) which mainly
Approval of plans for a Siemens wind turbine factory in Hull, UK, should be a “wake-up call” for small businesses, according to an industry group. Directors of the Renewables Network – which represents more than 250 companies across the green energy supply chain – have welcomed a decision by the cit
At the Clean Energy Ministerial on 26 April 2012, the Prime Minister welcomed continuing efforts to reduce the costs of offshore wind energy. Innovation has a significant role to play in improving technology and reducing the cost of energy. This second round of offshore wind innovation funding, with
Offshore Energy Exhibition & Conference brings you a series of columns in which prominent industry representatives share their views on key developments in the offshore oil, gas and energy markets. This column is written by Johan van Wijland, Managing Director of Van Oord Offshore Wind Projects. In
IBERDROLA’s first quarter net earnings rose 0.7% to €1,022 million with Ebitda up 4.1% at €2,365 million, driven by international growth and despite a decline in Spain where recent regulatory decisions have had a negative effect. Revenues rose 10% to €9,331 million, while gross margin was up 4.1%. N
After significant one-off burdens caused by energy policy decisions taken in Germany during 2011, RWE will regain ground this year. However, in the first quarter of 2012 the Group was not able to match the result for the same period in the previous year. Declining margins in electricity generation a
The complex economic environment, volatility in many of the main wind markets, the new product launches and the industry’s seasonality had a temporary impact on Gamesa’s profitability and debt. Nevertheless, the company’s market and business diversification and the synergies between the wind turbine
Reportlinker.com announces that a new market research report is available in its catalogue: Power Infrastructure in Europe This report investigates the current position and the issues for the next generation of Europe’s power industry. Analyze electricity demand profiles in Europe by country. Analyz
Offshore Group Newcastle (OGN) has submitted the planning application for a GBP 50 million wind turbine factory, reports NeBusiness. The 36,000 square metre facility would replace the company’s existing factory at Hadrian Yard and create thousands of jobs in Tyne. Construction of the prototype Trito
EDP Renewables, a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that in 1Q 2012 electricity output increased by 18%YoY to 5.2TWh, as a result of the capacity growth over the last 12 months ( 619 MW) along with the increase in the ave
TechConsult UK sees growth in the energy market as a great field of new opportunities for workers, many of whose skills can be transferred to various sectors, reported the GazetteLive. The company is working with Energi Coast to identify the opportunities, and is interested in developments off the M
As the Herald Scotland reports, Scotland could become a worldwide exporter of offshore wind turbines. Scottish and Southern Energy (SSE) and Burntisland Fabrications (BiFab) are ready to invest hundreds of millions of pounds to develop a foundry proposed by the RGR Foundry. The plant would produce t
Demag Cranes reported continued growth in the second quarter of financial year 2011/2012. Year on year, the Group was able to increase its key reporting indicators comprising Group order intake, Group revenue and operating EBIT. Group order intake up 11.0% on prior-year period The Demag Cranes Group