Business & Finance
Jack-Up Barge Signs Multi-Year Charter Agreement with German BARD Group
Jack-Up Barge has announced signing a multi-year charter agreement with the German BARD Group for Jack-Up Barge’s Self Elevating Platforms JB-115 and JB-117. The contract is valued at in excess of EUR 100 million. Both platforms will be deployed in the BARD Offshore 1 offshore wind farm – the larges
UK Names Head of Scottish Power Renewables to Reduce Offshore Wind Power Costs
Andrew Jamieson, regulation and markets director at Scottish Power Renewables and chair of green energy body RenewableUK, will head with… by Karolin Schaps and Jane Baird (reuters) [mappress] Source: reuters, August 19, 2011;
ABS Issues First AIP for New Concept Offshore Renewable Energy Design (USA)
Class society ABS has issued its first Approval in Principle (AIP) for a new concept renewable energy design in which a moored spar uses ammonia in a closed-cycle process to produce electrical power for a commercial utility grid. Unlike wind, tidal or solar power the advanced design for this Ocean T
Coordinators Trying to Secure USD 2m for Tidal Energy Project in Willapa Bay (USA)
Coordinators are currently trying to secure about $2 million for phase two of a tidal energy pilot project proposed for the mouth of… By Maddie Dickerson (chinookobserver) [mappress] Source: chinookobserver, August 17, 2011
First Olsen Acquires 60 pct of Danish ‘Bucket Foundation’ Developer
A wholly owned subsidiary of First Olsen Ltd., which is owned 50/50 by Bonheur ASA and Ganger Rolf ASA, has acquired 60% of Danish company… [mappress] Source: nacleanenergy, August 17, 2011; Image: hornsrev
Another Senior in PMSS America to Answer Growing Demand for Offshore Wind Consulting Services (USA)
PMSS America, Inc., the 100% owned US subsidiary of the leading renewable energy consulting firm PMSS, today announced another senior professional to their US headquarters in New York City. James Doane joins the expanding PMSS US team as a Senior Engineer to support the growing demand for PMSS’ offs
Dong Energy Sells Stake in Nordkraft Vind to Focus on Offshore Wind Projects (Denmark)
DONG Energy has sold its 50 per cent stake in Nordkraft Vind to Nordkraft Produksjon for NOK 145 million (DKK 138 million). The size of DONG Energy’s portfolio of wind projects in Norway is found no longer to warrant a continued strategic focus on expansion of the Norwegian market. Nordkraft Vind op
The Netherlands: Offshore Energy 2011 Reflects Confidence in Oil & Gas Industry
As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today. In four years time, the number o
Higher Energy Prices Ensure Strong Results for DONG Energy (Denmark)
The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2011 with the following outlook and key performance indicators compared with the first half of 2010: EBITDA was DKK 9.1 billion compared with DKK 8.4 billion in the first half of 2010. The inc
STX Finland and STX Windpower to Collaborate on Windpark Supply in Northern Europe
STX Finland and STX Windpower announce that they are starting a joint collaboration on turnkey windpark supply in Northern Europe, focusing… (cruiseindustrynews) [mappress] Source: cruiseindustrynews, August 15, 2011
MORL to Develop 1300 MW of Offshore Wind Energy in Scotland with EDP Renewables and Repsol
Moray Offshore Renewables (MORL) is unveiling a joint venture with Spanish companies EDP Renewables and Repsol to develop up to 1300 MW of… (energyefficiencynews) [mappress] Source: energyefficiencynews, August 15, 2011
Germany Paves Way for Wind Power With New Laws
The German Cabinet has passed several laws aimed at weaning the country away from nuclear power toward renewables. (smartmeters) [mappress] Source: smartmeters, August 12, 2011
Unclearity of Government’s Regulation and Legislation Holds Back Green Energy Projects (UK)
MAJOR green energy projects in Yorkshire and across the UK have been held back by a lack of clarity and consistency from the Government… (yorkshirepost) [mappress] Source: yorkshirepost, August 12, 2011
REpower Announces 1st Quarter 2011/12 Results with EUR 4.2m Net Earnings (Germany)
The REpower Systems Group (WKN 617703) increased its sales by approx. 23% to EUR 262.5 million (previous year: EUR 213.1 million) in the first quarter of the 2011/12 fiscal year (April 1 to June 30, 2011). Total performance grew by nearly 22% from EUR 204.0 million to EUR 248.3 million. EBIT was EUR