Business & Finance
The Netherlands: Van Oord Records Increased Turnover in Difficult Year
Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pi
France: Bright Future Ahead for European Wind Market
European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e
Italy: Prysmian Publishes 2011 Anual Report
The Board of Directors of Prysmian S.p.A. has approved today the Company’s consolidated financial statements and separate financial statements for 2011 . ” Technological innovation and production flexibility have enabled the Group to achieve more than satisfactory results even in a market where sign
UK: LEP Powered Up to Drive Low Carbon Economy
Tees Valley Unlimited, the local enterprise partnership for Tees Valley has further demonstrated its commitment to the green economy with the appointment of a Low Carbon Officer. Steven Pugh joins TVU’s Business Investment Team which in the last three years alone has secured over £750 million of new
Norway: Fred. Olsen Windcarrier Declares Option for Three Crewboats
Fred. Olsen Windcarrier AS, which is indirectly owned 50/50 by Bonheur ASA and Ganger Rolf ASA, has today declared options at Båtservice Holding AS for the construction of three crewboats for transport of service technicians to and from offshore wind turbine installations. The mentioned options are
Germany: EnBW Announces Annual Results for 2011
“2011 was a difficult year, but one that was decisive for EnBW in terms of the new energy concept. With the commissioning of Germany’s first commercial offshore wind farm, the official commissioning of the new hydro-electric power station in Rheinfelden, the completion of the highest wind turbine in
Norway: ANDRITZ Increases Stake in Hammerfest Strøm
International technology Group ANDRITZ increased its stake in Hammerfest Strøm AS from 33.3% to 55.4%. The other major shareholders are the local Norwegian utility company Hammerfest Energi and the Spanish utility company Iberdrola. The company will operate under the name of ANDRITZ HYDRO Hammerfest
The Netherlands: DNV and KEMA Form Energy Consulting, Testing, and Certification Company
DNV and KEMA form a world-leading energy consulting, testing, and certification company that can drive the worldwide transition towards a safe, reliable, efficient and clean energy eco-system. DNV KEMA Energy and Sustainability will consist of all 1,800 KEMA employees and 500 employees from DNV”s re
UK: Marine Renewables at Oceanology International
The scene is set for a highly successful Oceanology International 2012 – over 525 exhibitors from 33 countries in the major exhibition and seven separate one day conferences. Being held 13-15 March at London’s ExCeL, Oceanology International 2012 is the global forum where industry, academia and gove
UK: GBP 1 Million Investment for Arnish Business
Highlands and Islands Enterprise (HIE) has invested £1 million in state of the art manufacturing equipment at one of Scotland’s key renewable energy manufacturing sites in the Outer Hebrides. Imported from Italy, the specialist DAVI Rolls have been installed and form part of a wider £2.9 million pro
Germany: Alpha Ventus Publishes Annual Review
The alpha ventus consortium DOTI, formed by the companies of EWE, E.ON and Vattenfall, can look back with satisfaction on a successful 2011: the twelve wind power turbines of Germany’s first offshore wind farm have fed over 267 gigawatt hours of electricity into the German power grid over the entire
Hydra Tech Unifies All Its Businesses Under Hydratech Industries Brand (Denmark)
HYDRA tech, one of the world’s leading manufacturers and providers of high-quality custom hydraulic cylinders and wind power solutions announced that it will consolidate all of its businesses under a single brand name; Hydratech Industries. Effective immediately, the move will incorporate HYDRA tech
Wind Energy Investments in North America to Reach USD 145 Billion by 2017
Although the North American wind energy industry lags in key areas compared to Europe and Asia, falling costs and larger, more efficient turbines are helping give rise to a sense of cautious optimism. Home to the second largest wind market in the world – the United States – the region saw a total of
Germany: NKT EBITDA Up 5 pct
NKT’s revenue increased by 1,153 mDKK to 15,604 mDKK – the highest level in the history of NKT. Nilfisk-Advance and Photonics Group realised organic growth in revenue of 8% and 16% respectively, surpassing even the 2010 growth rates, while NKT Cables exceeded last year’s organic growth in revenue by