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- Category: Company News
Net sales for the three months ended March 31, 2020 increased by $56.9 million or 19.0% to $356.6 million compared to $299.8 million in the same period in 2019. Net sales of wind blades increased by 21.4% to $336.3 million for the three months ended March 31, 2020 as compared to $277.0 million in the same period in 2019 despite the impact of COVID-19 on production levels at its China manufacturing facilities which impacted net sales by approximately $38 million.
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- Category: Company News
In 2019, Jan De Nul Group was able to exceed a total turnover of € 2 billion. The EBITDA amounted to 342 million euro or 16.84% of its turnover. Net profit in 2019 was € 61 million. At the end of 2019, its current investments in newly built dredging vessels represented a total investment value of more than € 700 million.
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- Category: Company News
Iberdrola Renovables France has entered into an agreement with Aiolos and Caisse des Dépôts et Consignations (the sellers) for the purchase of the shares representing 100 % of the share capital of French company Aalto Power and the assignment of certain loans granted by the sellers to Aalto Power.
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- Category: Company News
Siemens Gamesa's performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial activity, with a direct impact of € 56 million on the company's profitability. Although the lack of short-term predictability has led the company to withdraw the guidance it issued in the first quarter of 2020.
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- Category: Company News
GRS Global Renewables Shipbrokers from Hamburg is expanding its range of services with project investments and corporate finance as of May 1, 2020. Uwe Schuldt is now heading the new department “Global Renewables Invest & Finance” with a focus on project financing, business transactions, due diligence, strategic analyses, restructuring and distressed or special situations.
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- Category: Company News
In the first quarter of 2020, Vestas generated revenue of EUR 2,235m – an increase of 29 percent compared to the year-earlier period. EBIT before special items decreased by EUR 97m to EUR (54)m. This resulted in an EBIT margin before special items of (2.4) percent, compared to 2.5 percent in the first quarter of 2019.
- Dominion Energy Virginia quadruples renewable energy in Long-Term Integrated Resource Plan
- Windsourcing.com launches Europe-wide B2B online shop for spare parts and repair materials for wind turbines
- GE reports loss for its renewables business unit
- OWC announces collaboration for offshore wind research project
- Siemens Gamesa acquires Ria Blades plant and completes Senvion assets acquisition
- Flender expands its wind energy capacities in Australia
- Vattenfall's wind power generation increases
- Iberdrola’s results driven by deregulated and renewables businesses
- Ørsted’s earnings from offshore and onshore wind farms increased by 25%
- Deutsche WindGuard Wind Tunnel Services increases service scope
- MHI Vestas blade materials to be sourced in Taiwan
- Fugro sets up Taiwanese entity for offshore wind market
- TPI Composites withdraws financial guidance for 2020
- CWind adds 4 vessels to its fleet
- Eneco appoints new CEO
- Vestas adjusts workforce to focus on its customer commitments in 2020
- Development of new offshore wind port in the Netherlands
- IL&FS sells full stake in wind power unit
- Pearce Services acquires MaxGen Energy Services and World Wind & Solar
- Alexander Ohff takes over as Head of the Renewable Energies segment at TÜV Nord
- Ørsted signs long-term vessel contract for Taiwan-flagged service operation vessel
- Fran Pitkin has joined the OWC team in London
- European Energy maintains 2020 outlook
- European Energy appoints new EPC Director
- RIDG team expanding ahead of ScotWind
- Atwell hires Tracey Dubuque to lead its renewable energy operations
- Dutch public-private partnership to advance offshore wind in the USA
- Arup appoints Americas offshore wind head
- Senvion to sell its indian wind turbine manufacturing entity
- MHI Vestas appoints Regional Manager for Asia Pacific
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