Solid Performance by Bord na Mona as Renewable Energy Plans Advanced

Bord na Mona has reported a slight drop in operating profits from Eur23.8m to Eur23.0m for the year ending March 2010 on turnover down 4% to Eur384.0m. The operating profit margin edged up to 6.0% compared to 5.9% the previous year. “These figures reflect a very solid performance for Bord na Mona in a challenging … Read more

Renewables Account for 62% of the New Electricity Generation Capacity Installed in the EU in 2009

Renewable energy sources accounted for 62% (17GW) of the new electricity generation capacity installed in the EU27 in 2009, according to the ‘Renewable Energy Snapshots’ report, published recently by the European Commission’s Joint Research Centre (JRC). The share rose from 57% in 2008. For the second year running, wind energy accounted for the largest share … Read more

Antrim College Signs First Biomass Heat Contract in Ireland

South West College, County Antrim, is the first educational institution in Ireland to sign a ‘heat contract’ with green energy company Rural Generation based in Londonderry, which will see the college save up to £25,000 on heat costs annually. The college, which houses its own Renewable Energy Academy at the Omagh campus, has already been … Read more