In the first half-year 2005, REpower Systems AG installed 69 sales-related wind turbines and increased installed nominal output by 54.4 percent to 123.5MW. Revenues in the reporting period increased from € 65.7 million to € 121.5 million. The operating result, which fell from € –8.8 million in the first half-year 2004 to € –12.7 million, was affected by non-recurring effects amounting to approximately € 6.0 million from ongoing restructuring. Orders on hand increased significantly from € 364.6 million at the end of June 2004 to € 502.3 million at the end of June 2005. This is the highest level of orders on hand since the formation of REpower Systems AG. In view of this high level, from today’s perspective the objective of installing 200 turbines in 2005 will at least be achieved. For the whole of the year, REpower retains its outlook for an improved result against the previous year. Should sales continue to expand, an EBIT in a double-digit million Euro range is anticipated for the 2006 finanical year.

CTE is an experimented engineering office for structural calculation based in Mulhouse (France) with subsidiaries in Germany and Brazil. This year its presence on the wind energy market became reinforced also thanks to a new office in Brittany (western France) which has been added to the “wind turbines department” .Created in the month of March, it especially aims to meet the requirements of the numerous clients in France and Germany. The know-how for static calculations of foundations includes also the calculation of fatigue and finite elements, in accordance with the known regulations for wind turbines like GL and DIBt, and also adapted to the French norms.

3E Information Development & Consultants (3E) is the first independent consulting company established in China, offering strategic advisory services in energy, the environment and related sectors for international companies investing in China and Chinese enterprises seeking overseas development. 3E also works actively for the government energy policy. Available 3E products include biweekly, monthly and annual market reports, a series of private reports on key industrial issues of wide concern, and round-table seminars for clients. 3E teams consist of professionals with years of experience in domestic and international energy industries and consulting business. 3E President Huaibin Lu served as Planning Manager for China National Offshore Oil Corporation, Director of Finance to the Shell Guangdong Petrochemical Joint Venture, and Associate Director Asia Pacific Energy for Cambridge Energy Research Associates in the USA. 3E has its headquarters in Beijing, and has established an overseas office in Boston, USA.

The Danish steel contractor Bladt Industries A/S has newly been awarded the contract for delivery of 36 monopiles for the Dutch offshore wind project at Egmond aan Zee. The contract is part of the first large offshore wind project in the Netherlands with Shell and NUON as investors. Bladt Industries A/S was awarded the contract by Ballast Nedam N.V., who will undertake the offshore installation of the monopiles. The delivery comprises 36 monopiles with belonging transistion pieces. The monopiles will be surfaced treated, equipped with all necessary access platforms and made ready for offshore installation at Bladt Industries A/S’s facilities. Total weight of the delivery is approximately 13,000 tons. The project will be carried out from August 2005 to May 2006.

Allianz AG (ASI) has said it plans to invest € 300–500 million in wind energy over the next five years, through its London-based asset management unit Allianz Specialised Investments. ASI has so far invested around € 200 million in renewable energy. Allianz said it sees further business opportunities in emissions trading, and investment opportunities in renewable energies, risk mitigation products such as weather derivatives and eco-upgrade products in insurance.

Weier Electric GmbH has filed a petition for insolvency proceedings at the court in Eutin, Germany. For more than ten years Weier has been a supplier of generators for Vestas’ wind turbines. Against the background of the petition for insolvency, Vestas is now evaluating whether it would be worthwhile to take over certain assets from Weier. Vestas expects to provide further information regarding its evaluation of possibilities for purchase of assets from Weier in connection with the publication of Vestas’ Half-Year Report 2005 on 25 August 2005.