Business & Finance
DNV Joins Forces with STRI Meet the Increasing Market Demand in Offshore Sector (Norway)
“There are two fundamental drivers behind the decision to collaborate,” says Kjell Eriksson, Director of the Energy Programme in DNV Research and Innovation, “The electrification of both conventional and subsea oil and gas installations, and the growth in offshore wind energy. Both drivers will requ
E.ON Appoints Mike Winkel as New CEO (Germany)
E.ON has appointed Mike Winkel (40) as Chief Executive Officer (CEO) of E.ON Climate & Renewables. As of 1 June he will succeed Frank… (eon) [mappress] Source: eon, May 06, 2011;
Tennet Could Sell More than Planned
Dutch national electricity grid company Tennet is considering selling more of its investment in Germany than originally planned, the… (dutchnews) [mappress] Source: dutchnews, May 06, 2011;
Centrica Signs Long-Term Lease for Operations and Maintenance Base in Grimsby (UK)
CENTRICA, the energy group whose businesses include British Gas, has signed a long-term lease that will enable it to build an operation and maintenance base at Grimsby docks to serve its wind farms in the Greater Wash. The facility will be completed by the end of this year. Centrica operates the 194
World Helicopters Acquire Bond Aviation Group for EUR300 Million (UK)
World Helicopters, a holding company of helicopter operator Grupo Inaer that is backed by investment firms Investindustrial and Kohlberg… By Shasha Dai (dowjones) [mappress] Source: dowjones, May 04, 2011;
Vestas Publishes Interim Financial Report (Denmark)
Vestas generated first-quarter revenue of EUR 1,060m, an increase of 25 per cent relative to the first quarter of 2010, and as announced realised a loss. The EBIT margin fell from (4.6) per cent to (6.5) per cent. The development confirms that revenue and earnings may show major quarter-onquarter fl
Exclusivity Agreement and Repayment Terms of Existing Loan Facility Extended (UK)
SeaEnergy plc announces today that it has reached agreement with a consortium of major European energy companies (“the Consortium”) to grant a period of exclusivity to negotiate the sale (“the Transaction”) of the Company’s 80.13% interest in its subsidiary SeaEnergy Renewables Limited (“SERL”). Due
SeaEnergy Shares Rise After Sale Announcement (UK)
Shares in SeaEnergy PLC were lifted by the group’s announcement it has granted a period of exclusivity to a consortium of major European… (proactiveinvestors) [mappress] Source: proactiveinvestors, May 03, 2011;
Angela Merkel Announces 7 Billion Dollars in Soft Loans to Kick-Start Investment in Renewable Energy (Germany)
Germany is offering 5 billion euros (7 billion dollars) in soft loans to kick-start investment in renewable energy, Chancellor Angela Merkel… (monstersandcritics) [mappress] Source: monstersandcritics, May 03, 2011;
Martha’s Vineyard Offshore Wind Alliance Submits Lease Application to BOEMRE (USA)
Vineyard Power (VP), a community-owned energy cooperative based here, signed an agreement and entered into a partnership with OffshoreMW… By Janet Hefler (mvtimes) [mappress] Source: mvtimes, May 01, 2011;
Maine Technology Institute Funds MCA to Expand Maine’s Ocean and Wind Energy Cluster (USA)
The Maine Composites Alliance (MCA) announces today that it has been selected by the Maine Technology Institute (MTI) to receive an award of $489,468 in collaboration with the Maine Wind Industry Initiative and the E2Tech Council to organize, promote and expand Maine’s ocean and wind energy cluster.
Principle Power Seek Federal Funds for Offshore Wind Energy Study (USA)
The Tillamook Intergovernmental Development Entity (TIDE) is part of a group filing a pre-application for a $625,000 federal grant to… By Samantha Swindler (tillamookheadlightherald) [mappress] Source: tillamookheadlightherald, April 28, 2011
SeaRoc Welcomes Four New Experts (UK)
Marine and engineering company SeaRoc, part of the Natural Power group, has today announced the successful appointment of four new team members who bring with them a wealth of industry experience from the Renewables Industry, combined with wider knowledge from the oil & gas and other offshore sector
Areva and GDF Suez to Enter Offshore Wind Partnership (France)
French nuclear reactor manufacturer Areva and utility GDF Suez are expected to announce a partnership in offshore wind energy in the next… (ifandp) [mappress] Source: ifandp, April 26, 2011