Business & Finance
GDF SUEZ Publishes First-half Robust Results with EBITDA up 8.2 pct (France)
GDF SUEZ reported robust results for first-half 2011, with EUR 45.7 billion in revenues, an increase of +7.9% despite very unfavorable impact of weather conditions in the Group’s domestic markets. Growth in operating activities was solid with EBITDA increasing +8.2%. This strong increase came mainly
Great Potential and Even Greater Challenges for Offshore Wind Power in North Sea (Germany)
International ‘Windspeed’ study presented, together with recommended course of action If companies and wind power equipment manufacturers find favourable conditions, the North Sea could become home to offshore wind farms with a combined generating capacity as high as 135 gigawatts by the year 2030.
New Director Appointment to Create Major Business Opportunity for Norfolk and Suffolk (UK)
The appointment of a new Inward Investment Director by the Norfolk and Suffolk Energy Alliance (NSEA) will create significant investment opportunities for the energy industry in the two counties. James Gray started work this month for the alliance, which is a partnership between Suffolk County Counc
2011 Deep Research Report on EU and China Offshore Wind Power Industry
Offshore wind is the mean of a reliable, intensive and abundant renewable energy. This relatively new source of electricity generation, which is capable to meet much of the populated coastal areas need for power around the world, has been also stimulating the development of marine economies with tho
Carbon Trust Grants GBP 390k to Tidal Energy for Ramsey Sound Demonstration Site (UK)
Renewables developer Tidal Energy has been awarded £390,000 by the Carbon Trust to help fund environmental monitoring at its consented Ramsey Sound demonstration site off the Pembrokeshire coast. The grant comes weeks after the firm announced an £11M funding package for the manufacture and deploymen
Ulstein Establishes New Company, Ulstein IDEA Equipment Solutions (Norway)
ULSTEIN has established a new company, Ulstein IDEA Equipment Solutions. This company will take over the activities of former IDEA Heavy Equipment b.v, a Dutch company that ULSTEIN has cooperated with in recent years. Ulstein IDEA Equipment Solutions will be engaged in the development and manufactur
E.ON’s Adjusted Net Income Falls by 71 Percent to EUR 900 Million (Germany)
In the first six months of 2011, E.ON, the Düsseldorf energy group, recorded a massive decrease for all key earnings indicators. While group sales rose by approximately 20 percent year-on-year to roughly EUR53 billion, the Adjusted EBITDA decreased by 45 percent to EUR4.3 billion. The main reasons f
Banks Play Great Role in Renewable Energy Development (Luxembourg)
The renewable energy sector in Europe would have been in dire straits over the last two and a half years, were it not for the role public… (climatespectator) [mappress] Source: climatespectator, August 10, 2011
Western Australian Carnegie Seeks Funds for Wave Energy Development
A Western Australian company that’s developed a breakthrough wave energy method says Australia is poised to be a world leader in developing the technology. Carnegie Wave Energy has pioneered a fully submerged wave power generation system that uses a series of flooded buoys to produce constant, renew
Dong Energy to Publish 1H 2011 Results (Denmark)
DONG Energy will release its results for the first half in 2011 on 16 August, 2011. A conference call for investors and analysts will be held at 11:00 CET on the same day. About DONG Energy DONG Energy is one of the leading energy groups in Northern Europe. They are headquartered in Denmark. [&hel
Offshore Wind Farm Industry Defends Against ‘Heavy Subsidies’ Accusations (UK)
THE wind power industry has today hit back at claims that policies to encourage the development of renewable energy risk destroying tens of… By Craig Robinson (eadt) [mappress] Source: eadt, August 09, 2011;
Dron & Dickson Enters Offshore Wind Industry with GBP 6m Cash Injection (UK)
ELECTRICAL equipment firm Dron & Dickson is expanding from its traditional oil and gas markets into renewable energy after securing a £6… By Peter Ranscombe (scotsman) [mappress] Source: scotsman, August 08, 2011
PNE WIND Publishes 1H 2011 Results (Germany)
The wind farm developer PNE WIND AG has completed the first half year of 2011 successfully. The operating result (EBIT), the fundamental key value for the entrepreneurial success of a wind farm developer, lay at about EUR 0.9 million (previous year: EUR 8.2 million). The positive result is particula
Tidal Energy Ltd. Secures USD 18 M Funding for Wales’ First Full Scale Tidal Power Device (UK)
Wales’ first full scale tidal stream energy generator will be deployed in 2012, having secured £6.4M support from the European Regional Development Fund through the Welsh Government. First Minister Carwyn Jones announced the funding for Tidal Energy Ltd’s 1.2MW DeltaStream device on a visit to Pembr