30 October 2015
German industrial giant Siemens (FRA:SIE) has confirmed today it has received an order to supply and install 56 units of its 6-MW turbine model at the site of the 336-MW Galloper offshore wind project in UK waters, after attracting three new partners. The utility made a final investment decision this week with the UK Green […]
Posted in Green Energy, Renewable Energy, Sustainable Energy, Wind, Wind Energy0 Comments
30 October 2015
Construction work has started on a 21.5MWe waste wood biomass plant at the former Ince Park site in Cheshire, after developer CoGen Ltd announced it had reached financial close on the project yesterday (29 of October). Construction has started with MBV Energy appointed as EPC contractor, Outotec Energy Products being the main technology subcontractor and […]
Posted in Biomass Energy0 Comments
30 October 2015
For the first time since 2009, the market value of the global mining sector has dropped below US$1 trillion (€909bn), according to a new report by SNL Metals and Mining. While not by much, the crossing of the line clearly illustrates how battered mining stocks have been as of late. In aggregate, the 2,684 listed […]
Posted in Business, Finance, Fossil Fuels0 Comments
29 October 2015
EDP Renewables’ revenues increased 16% year-on-year in the first nine months of 2015 to €1.1bn on the back of higher volumes and prices. EBITDA increased by 22% YoY to €782m, while net profit was €100m up from €53m in the first nine months of last year. Over the last 12 months, EDPR added 616MW to […]
Posted in Finance, Green Energy, Renewable Energy, Sustainable Energy0 Comments
29 October 2015
Alstom has commissioned the Alternate Current (AC) offshore substation for Energie Baden-Württemberg (EnBW) in the 288MW Baltic 2 offshore wind power facility in Germany. Located 32km north to the island of Rügen in the Baltic Sea, the facility was officially commissioned by EnBW towards the end of last month. Alstom’s high-voltage offshore substation will support […]
Posted in Green Energy, Renewable Energy, Sustainable Energy, Wind, Wind Energy0 Comments
29 October 2015
Dong Energy boosted operational pre-tax earnings by 14% in the first nine months of 2015 to what it described as “a positive development in the underlying business”. The Danish company said EBITDA was Dkr14.8bn (€2bn) in the period, up from Dkr13bn (€1.7bn) in the corresponding segment of 2014 : “The positive development in operations can […]
Posted in Finance0 Comments
29 October 2015
The Danish Energy Agency (DEA) has prequalified a total of seven companies and consortia to participate in the tender of Denmark’s largest offshore wind farm, the 600MW Kriegers Flak in the Baltic Sea. The Danish Energy Agency said all but one of the bidders that had made the penultimate cut earlier this month are now […]
Posted in Green Energy, Renewable Energy, Sustainable Energy, Wind, Wind Energy0 Comments
28 October 2015
Dong Energy is to construct the 660MW Walney 3 offshore wind farm after making a final investment decision in the Round 2.5 wind farm off northwest England. The wind farm is an extension of the existing 367MW Walney 1 and Walney 2 wind farms, which Dong Energy owns a 50.1% stake. The Danish company said […]
Posted in Green Energy, Renewable Energy, Sustainable Energy, Wind, Wind Energy0 Comments
28 October 2015
SSE and Wheelabrator Technologies have been granted planning consent by the government for the Ferrybridge Multifuel 2 project in West Yorkshire. The project, run by Multifuel Energy Ltd, a company set up for the project by SSE and Wheelabrator, will process up to 675,000 tonnes of waste derived fuels using municipal waste to produce around […]
Posted in Biomass Energy, Clean Tech0 Comments
28 October 2015
Norwegian utility Statkraft suffered a net loss in the third quarter when compared to a year earlier amid record low energy prices in the Nordic region and adverse currency effects. The company made a loss of Nkr39m (€4.2m), down from a profit of Nkr41m (€4.4m) in the same period in 2014. Operating profit before depreciation […]
Posted in Finance, Green Energy, Renewable Energy, Wind Energy0 Comments
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