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- Category: Company News
Fugro has expanded its margin in the first half of 2024, driven by a diversified revenue mix where renewables now represent 40% of the total. The company achieved a 7.1% revenue growth, mainly due to increased client demand in offshore wind, although this was slightly offset by a decline in the oil and gas sector. For the first time, revenue from renewables (40%) surpassed that from oil and gas (35%).
- Category: Company News
ArcLight Infrastructure Partners (ArcLight) has announced the launch of the operating-focused renewables investment initiative SkyVest Renewables (SkyVest) and the concurrent acquisition of a 160 MW operating wind farm.
- Category: Company News
GE Vernova has reported its financial results for the second quarter ending June 30, 2024. GE Vernova's orders for the second quarter were $11.8 billion, a 7% organic decrease, primarily due to a large offshore wind equipment order in the second quarter of last year that was canceled in the fourth quarter.
- Category: Company News
- Category: Company News
The Nordex Group reported sales increased by around 25 percent to €3.4 billion (H1/2023: €2.8 billion) in the first half of 2024. Total performance, including changes in inventories, rose by 16 percent to €3.3 billion (H1/2023: €2.8 billion).
- Category: Company News
Iberdrola's reported net profit reached €4.13 billion in the first half of 2024, up from €2.52 billion in the first half of 2023, while reported EBITDA increased to €9.61 billion from €7.56 billion in the same period.
- Akselos appoints new chief product and technology officer
- Kitemill receives funding from European Innovation Council
- New board member of the Poul la Cour Foundation
- Vattenfall publishes financial highlights, January-June 2024
- Natural Power adds sonic drill rig to fleet
- Envision Energy launched joint venture with PIF and Vision Industries
- Goldwind receives DNV certification for hybrid tower manufacturing
- Leeward Renewable Energy secures financing to accelerate construction of renewable energy projects
- LS GreenLink to build submarine cable factory in Virginia, USA
- Nordex announces order intake of 3.4 GW in the first half of 2024
- Enersense appoints Kari Sundbäck as its President and CEO
- Subsea Energy Solutions announces leadership changes
- GEV Wind Power launches new training facilities in UK and USA
- Archer acquires Moreld Ocean Wind
- SBM Offshore and Technip Energies form company dedicated to floating offshore wind
- Mainprize expands support for offshore wind with Siemens Financial Services
- OEG Renewables appoints Rolf de Vries as Subsea Director
- Windea CTV delivers new fleet of US-built crew transfer vessels
- deugro appoints new Chief Commercial Officer
- Prysmian completes the acquisition of Encore Wire
- DNV’s Lucy Craig appointed as board member for WindEurope
- Clare Lavelle appointed to lead next phase of Buchan offshore wind development
- Lee Clarke joins EPI Group as the new Managing Director, Sustainable Energy Services
- Thomas Lynch appointed as OEG Renewables’ Regional Director
- Dr Henna Bains named Chief Technical Officer of Kinewell Energy
- Nordex Group to restart production in its manufacturing facility in Iowa, USA
- Aikido Technologies secures $4 million Series Seed investment round
- Masdar to acquire Greece's Terna Energy
- Titan Wind Energy announces investment decision for monopile production plant in Germany
- Mooreast to acquire facility in Singapore for floating offshore renewable sector
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| #36 Vestas V136 wind turbines installed at the Skookumchuck wind farm in Thurston and Lewis counties, Washington, USA (courtesy Garret Farr) |
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