Business & Finance
UK: OGN Submits Wind Turbine Factory Planning Application
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
Spain: EDP Q1 Revenue Increased to EUR 346 Million
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 Catches Opportunities in Evolving Offshore Wind Market
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
UK: Scotland to Get Turbine Parts Foundry
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
Germany: Demag Cranes Publishes Q2 Financial Results
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
UK: EMEC Highers External Liaison Consultant
THE European Marine Energy Centre has strengthened its senior team with the appointment of marine renewable energy expert Max Carcas of Caelulum Ltd to work on external liaison activities. Mr Carcas will work with EMEC to assist the world-leading wave and tidal energy test facility boost its industr
USA: GlobalData Announces Wind Turbine Market, 2012 Update Report
“Wind Turbine Market, 2012 Update – Global Installations, Market Share and Key Country Analysis” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the wind industry. The research provides global wind turbine market scena
Germany: PowerWind Names Dieter Dehlke Sole Managing Director
Financing and restructuring expert replaces co-leadership of Stefan Heczko and Klaus Pötter. Dieter Dehlke was named sole Managing Director of PowerWind GmbH with effect from 4th May 2012. The financing and restructuring expert has taken over the responsibilities of previous Managing Directors Stefa
Germany: EnBW Revenues Up 1.4 pct
Thanks to the stable development of the operating business, EnBW Energie Baden-Württemberg AG generated overall pleasing results in the first quarter of the current fiscal year 2012 despite the ongoing difficult environment. For example, EnBW’s revenue in the first three months of the year increased
Norway: DNV Enters Strategic Partnership with StormGeo
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
USA: Fishermen’s Energy to File Amended Application to NJ Regulators
Fishermen’s Energy will file an amended application to NJ regulators by 1 June. The company plans to build 5 or 6 wind turbines with total capacity of 25 MW in waters offshore the Atlantic City, thus hoping to install the first offshore wind farm in the USA. This move follows criticism by two consul
Germany: PNE WIND Announces Q1 Figures
Developments progressed as expected for the wind farm project developer, PNE WIND AG, during the first quarter of the financial year 2012. Consequently, the company was already able to conclude a successful transaction in the sale and handover of the “Kemberg II” onshore wind farm during the first t
Scottish Minister for Energy Welcomes Ofgem’s Review of Transmission Charging
Minister for Energy Fergus Ewing responded to Ofgem’s review of transmission charging. He said: “We have Europe’s best renewable energy resources, yet the unfair system of locational charging continues to result in Scotland facing the highest charges in the UK, while subsidies are paid to generators
Utility Companies Boost European Offshore Wind Investments
Utility companies in Europe encourage offshore wind-energy capacity amid rising fossil-fuel prices and political pressure, according to MarketWatch. Utility firms have initiated projects offshore, as the demand for offshore wind farms is set to continue with geopolitical goals to reduce carbon emiss