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E.ON closes purchase of innogy shares from RWE

The 76.8 percent stake in innogy previously held by RWE has now been transferred to E.ON. As planned, E.ON now owns a majority stake in innogy shortly after the EU Commission cleared the transaction.

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CoreMarine and CENER form consortium for floating wind engineering

coremarine cener jvCoreMarine and CENER (National Renewable Energy Centre of Spain) have announced the signing of a consortium agreement to promote engineering services to the floating offshore wind industry.

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Kvaerner aims to grow in new business areas

Kvaerner establishes two new focus areas to grow its operations within both oil and gas projects and in renewable industries. Going forward, Kvaerner will expand operations with the growth areas renewables and floating production units.

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Siemens Gamesa launches nacelle assembly facility in Taiwan

Taiwan facility launch ceremony Siemens GamesaSiemens Gamesa Renewable Energy held a launch ceremony with local government authorities and wind industry partners in Taiwan for what will be the company’s first offshore nacelle assembly facility outside of Europe.

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Timken to acquire BEKA Lubrication

The Timken Company has reached an agreement to acquire BEKA Lubrication (BEKA), a global supplier of automatic lubrication systems, for approximately US$ 165 million.

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NRG Systems expands agreement with ZX Lidars

ZX MS and power deploymentNRG Systems has reached an agreement with ZX Lidars to distribute the ZX 300 onshore vertical profiler globally through its Value Added Reseller network. NRG Systems announced in March 2019 that it would sell and support ZX Lidars in North America. 

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