Business & Finance
US Delegation Visits Offshore Base in Cuxhaven
An international delegation has again visited the offshore base in Cuxhaven to find out more about operations there. This time it was an US delegation that came to familiarise themselves with the latest trends and options in realising offshore projects on March 15. The US experts came at the invitat
USA: UTC to Sell Clipper Windpower
In a meeting with investors and analysts, United Technologies Corp. updated its financing plan for the proposed $16.5 billion cash acquisition of Goodrich Corp., including expected proceeds of approximately $3 billion from net divestitures and $1.5 billion from mandatory convertible instruments. UTC
Canada: NaiKun Announces Results from Annual General Meeting
NaiKun Wind Energy Group Inc. (“the Company”) held its Annual General Meeting in Vancouver, British Columbia on March 14, 2012. The results of voting on matters put before the Company’s shareholders include: Election of Board of Directors: Philip Hughes (Chair), Michael C. Burns, Joe Houssian, Micha
France: Alstom Eyes One of European Wind Energy Giants
The French railway equipment and energy company is looking to acquire one of the European wind energy giants, reported Les Echos. Alstom is eyeing German Repower, Gamesa from Spain, and Danish Vestas. The company has already begun negotiations with Suzlon, REpower Indian owner. Yesterday, the Financ
Germany: E.ON Announces 2011 Results
E.ON AG continued its consolidation course in a difficult business environment in 2011 and is past the worst. At the presentation of the company’s annual results, CEO Johannes Teyssen was cautiously optimistic about where E.ON stands. “We made good progress implementing our strategy. E.ON 2.0, our e
Germany: Areva Delivers 20 M5000 Turbines to Borkum Offshore Wind Park
AREVA announces the delivery of 20 M5000 turbines, out of a total of 40, to be installed in Trianel’s Borkum offshore wind park located in the German North Sea. The Borkum wind farm, situated 45 km away from the northern coast of the Borkum Island, is currently under construction close to “alpha ven
Germany: NORD/LB Finances Offshore Wind Turbine Installation Vessel
NORD/LB Norddeutsche Landesbank is participating in the financing of an installation vessel for offshore wind energy farms. Commissioned by the international provider of construction-related services HOCHTIEF, the “VIDAR” is a jack-up vessel being built at the Crist shipyard in Poland and scheduled
UK: GL Garrad Hassan Appoints New Head of Business Development and Sales
GL Garrad Hassan has appointed Christoph Thiel as its new Head of Business Development and Sales. Mr. Thiel will be responsible for managing global sales and business development for GL Garrad Hassan worldwide, working from the Head Office in Hamburg. He started in his new position on 1 March 2012.
Denmark: Dong to Invest USD 1.8 Billion Per Year in Offshore Wind Projects
Dong Energy A/S has revealed its plan to invest approximately 10 billion kroner ($1.8 billion) a year in offshore wind projects. This decision has been made in order to offset a “challenging” environment for gas plants as it discontinuous the construction of new coal power facilities, explained its
UK: Aiger Wave Power Announces Project Information Document
Aegir Wave Power, in collaboration with the Shetland Islands Council and the Shetland Charitable Trust, have produced a new information document giving an overview of the Aegir Project. The short, ‘Aegir Project Introduction’, is intended as a guide to all interested parties and gives an overview of
UK: Marine South East to Hold Series of Offshore Wind Farm Logistics Events
Marine South East is to run a series of events between April and June to inform local businesses of the opportunities that exist to supply products and services to Offshore Wind Farms being developed off the South Coast. The first of these events is scheduled for Thursday 12th April 2012 at Northbro
Scottish Enterprise Hails GIB Announcement
Scottish Enterprise has welcomed decision by Vince Cable that the headquarters of the new UK Green Investment Bank will be located in Edinburgh. Scottish Enterprise chairman, Crawford Gillies, said: “This is fantastic news for Edinburgh and for Scotland. The Green Investment Bank will be an enduring
Reportlinker Announces Global Alternative Energy Industry
Reportlinker announced a new market research report “Global Alternative Energy Industry”. The global outlook series on Alternative Energy provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global Alternat
The Netherlands: Ballast Nedam Profit Up 28,57 pct
Ballast Nedam has performed well, certainly considering the bleak market conditions, increasing competition and price pressure. This situation will persist in the coming years. The operating profit achieved of € 19 million was in line with the forecast issued in March last year of between € 15 milli