Renewable Energy Investment News

The provider of testing and advisory services to the energy value chain including renewables and energy management, DNV GL has joined European signatories including ABB, EDP Renewables, Enel Green Power, Ge Renewable Energy, Pöyry, Prysmian, PwC, Siemens Gamesa and Vestas."DNV GL has signed a ‘declaration of intent’ to commit its interest and participation to the initiative renewAfrica, aimed at boosting renewable energy investments in Africa, alongside leading players in the African and European renewable energy market," said a statement.The renewAfrica launch event was hosted by RES4Africa and reflects the need for a strong joint effort…

New research by DNV GL, the technical advisor to the oil and gas industry, has revealed that confidence in growth in the Malaysian oil and gas sector has tumbled since 2014, from 96% to 21%, with tough, short-term, cost-cutting efforts expected to increase in 2017. Diversification will be a hallmark of 2017, with 49% of those surveyed looking to increase investment in, or diversify into, areas beyond oil and gas. Thirty-seven per cent of senior oil and gas professionals in Malaysia are actively looking for new gas projects as a result of falling oil prices, compared to 31% globally. However, the Malaysian respondents' views on renewable energy investment in 2017 are divided, with 49% expecting it to decrease while 44% expect it to rise or stay the same.

French utility GDF Suez aims to double its power generation capacity from renewable energy in Europe between 2015 and 2025 and will focus in particular on marine energies, the company said on Tuesday. GDF Suez, with Spain's Iberdrola and Italy's Enel , is one of the industry leaders in renewable energy investment and has made Europe's energy transition the key plank of its European investment strategy. In 2009 it had aimed to boost its renewables capacity by 50 percent by 2015 - a target it says it will achieve - but now it wants to accelerate its renewables investment drive. The gas and power group currently operates 17.8 gigawatts of renewable energy capacity worldwide, or 15 percent of its total, of which 7.8 GW is in Europe and 10 GW is outside the region.

Aberdeen Harbor Board’s annual results have revealed record vessel activity in 2012 and record levels of cargo passing through the port. Overall vessel tonnage handled by the port increased by 8%, from 25.91 million tons in 2011, to 28.19 million tons in 2012. The Harbor also saw an 8% increase in cargo handled, increasing from 4.76 million tons in 2011 to 5.14 million tons in 2012 - another record for the Port. As a result, Aberdeen Harbor’s annual turnover increased by 13% to £27.37 million from £24.06 million in 2011, recording a retained profit of £7.46 million.

The consulting company's Ragna Schmidt-Haupt leads a drive focused on the area's renewable energy services' sector. Ragna’s extensive experience in the solar industry leaves her well positioned to head-up GL Garrad Hassan’s activities in Singapore and she is already leading commercial consultancy assignments for investor clients in the region. In her previous role, she was responsible for equity sales of utility-scale solar power plants built in Europe and Canada at solar project developer Enfinity Germany.