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
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
The United States is starting to rely increasingly on ocean wind for energy generation. Last month, the ‘Atlantic Offshore Wind Energy Consortium’ was established when US Department of the Interior Secretary Ken Salazar and the governors from Massachusetts, Maine, New Hampshire, Rhode Island, New York, New Jersey, Delaware, Maryland, Virginia, and North Carolina signed a … Read more