Business & Finance
Importance of Setting ‘Binding Targets’ for Renewables (Belgium)
The EU Commissioner for Climate Change emphasised the role of targets in boosting investments in renewable energy at an EWEA event last night. “It makes good business sense to invest in renewables yet people aren’t doing it”, said Commissioner Connie Hedegaard, pointing out that “this is one lesson
Greater Consolidation for Wind Energy Market with Fewer but Stronger Participants (UK)
The European wind energy market is just starting to recover from the economic downturn in 2009. As demand stabilises, steady growth is forecast. At the same time, the market is poised for greater consolidation that will result in the emergence of fewer but stronger participants. New analysis from Fr
SSE Publishes Half Year Results (UK)
SSE plc has announced their half year results for the six months to September 2011. Lord Smith of Kelvin, Chairman of SSE, said: “There is no doubt that 2011 has been characterised by turmoil in the global energy markets, economic uncertainty across much of the world and widespread concern about the
PNE WIND Disposes of all Rights to Nautilus II Offshore Wind Project (Germany)
Wind farm developer PNE WIND AG has sold all rights to the offshore wind farm project “Nautilus II” to SSP Technology Holding ApS. The offshore project is being planned in the North Sea and is still in the planning and approval phase. SSP Technology Holding ApS, a company of Ventizz Capital Funds IV
Trident Energy Teams up with Leading Electrical Engineering Research Organisation (UK)
Trident Energy, the independent developer of generator solutions for the offshore renewable energy industry, announced that it has signed a collaboration agreement with RenewNet, a world-leading electrical engineering research organisation. Trident Energy has developed a low cost, high reliability l
Bentley Expands SACS Offerings for Floating Structures
Be Inspired: Thought Leadership in Infrastructure – Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced the acquisition of FormSys, based in Perth, Australia. This software development company has a
Offshore Wind Continues to Boom (UK)
Since 2003, more than 500 offshore wind turbines have been installed – 35 per cent of them in 2010 alone… (windenergyupdate) [mappress] Source: windenergyupdate, November 08, 2011;
The Netherlands: International Crew Services to Acquire 7Seas Project Services
International Crew Services and 7Seas Project Services B.V. have entered into a definitive agreement under which International Crew Services, a leading provider of Maritime personnel, will acquire 7Seas Project Services, a Dutch personnel provider for international operating jack-up rigs. 7Seas Proj
PNE WIND Announces Results for First Nine Months (Germany)
The wind farm project developer PNE WIND AG submitted the report on the development of the first nine months of fiscal year 2011. The company development is characterised by activities in the offshore area as well as the further development of the project pipeline of wind farms in Germany and abroad
Prysmian Plays Leading Role at IWCS (USA)
Prysmian, world leader in the energy and telecom cables and systems industry, will be playing a leading role this week in the International Wire and Cable Symposium (IWCS) to be held in Charlotte, North Carolina, USA from November 6-9. The IWCS brings together the world’s leading producers and users
Avanti Joins Beijing International Wind Power Exhibition (China)
China has the most important marked for wind industry in the world. During the last five years, the Chinese wind power industry has doubled its capacity every year. Therefore, the Beijing International Wind Power Exhibition has grown year by year. A few years ago it was in a sports hall – this year
The Netherlands: Eneco Appoints Vestas as Preferred Supplier for Offshore Project
Today there is information in the market regarding Vestas having been appointed preferred supplier for an offshore project in the Netherlands. Vestas confirms that Eneco has appointed Vestas preferred supplier for an offshore project in the Netherlands. If this will result in a firm and unconditiona
Daewoo Shipbuilding & Marine Engineering Considers Buying Bard (Germany)
Daewoo Shipbuilding & Marine Engineering said on Monday that it was considering purchasing German wind turbine maker Bard, as the South… (reuters) [mappress] Source: reuters, November 07, 2011; Image: bard-offshore
Posco Power, SK E&S to Enter Wind Power Project in South Korea
Posco Power Corp., SK E&S Co. and Korea District Heating Corp. will join a 20 trillion won wind- power project in Jeolla province, South Korea… (bloomberg) [mappress] Source: bloomberg, November 07, 2011;