Archive for the 'Results' Category

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Q-Cells’ Q1 Figures Indicate Positive Effect of Restructuring

The photovoltaic company Q-Cells SE, headquartered in Bitterfeld-Wolfen, published Q1 figures that indicate the company’s restructuring measures are bearing fruit.

Continue reading ‘Q-Cells’ Q1 Figures Indicate Positive Effect of Restructuring’

New E.ON CEO Teyssen Supports Nuclear Power Extension and Datteln Project

E.ON AG’s new CEO Johannes Teyssen continued on the course of  his predecessor Wulf Bernotat with respect to nuclear and coal. He supported the extension of the life-span of German nuclear power plants as well as E.ON’s coal-fired power plant project in Datteln at the annual shareholder meeting. Continue reading ‘New E.ON CEO Teyssen Supports Nuclear Power Extension and Datteln Project’

German Energy Blog Reaches 250 Posts

We are happy to report that we have reached 250 blog posts! Continue reading ‘German Energy Blog Reaches 250 Posts’

RWE Wants to Increase Electricity Generation from CO2 Free or CO2 Reduced Sources

RWE AG intends to increase its electricity generation from CO2 free or CO2 reduced energy sources, such as renewables, gas and nuclear power, to three quarters until 2025, CEO Jürgen Großmann said at the annual shareholders’ meeting. Renewable energy shall account for 30% of the energy supply by this time.  Continue reading ‘RWE Wants to Increase Electricity Generation from CO2 Free or CO2 Reduced Sources’

Nordex Expects Growth on Previous Year’s Level

On Monday, Nordex AG, located in Norderstedt near Hamburg, released final full-year figures for 2009, which confirmed the preliminary figures posted in March. Continue reading ‘Nordex Expects Growth on Previous Year’s Level’

German ABB Pins Hopes on Renewables and Smart Grid

The German subsidiary of the power and automation technology company ABB is pinning its hopes on renewables and the smart grid. Continue reading ‘German ABB Pins Hopes on Renewables and Smart Grid’

SolarWorld Expects Growing Photovoltaic Market But Falling Prices for Modules

At the annual press conference, SolarWorld CEO Frank Asbeck said he expected the German photovoltaic market to grow from 3 to 4 or 5 GW this year despite the proposed cuts of the solar feed-in tariffs. He expected international markets to grow by 30% to 10 GW.  Continue reading ‘SolarWorld Expects Growing Photovoltaic Market But Falling Prices for Modules’

PNE Wind: Utilities Hungry for Wind Energy

The wind energy business is boosted by the growing involvement of energy conglomerates, Martin Billhardt, CEO of PNE Wind AG that specializes in the development, financing, construction and operation of wind farms, told Frankfurter Allgemeine Zeitung (FAZ). Continue reading ‘PNE Wind: Utilities Hungry for Wind Energy’

Restructuring Aid for Solon

While cuts of solar feed-in tariffs are being discussed on the one hand, the solar energy company Solon SE from Berlin has been granted a deficiency suretyship (Ausfallbürgschaft) in the amount of EUR 146 million by the German Federation and the states of Berlin and Mecklenburg Western-Pomerania. Continue reading ‘Restructuring Aid for Solon’

E.ON CEO Says Regulation Hampers Grid Modernization

Outgoing E.ON CEO Wulf Bernotat called for a shift of the regulation policy of the Federal Network Agency with respect to grid costs. Continue reading ‘E.ON CEO Says Regulation Hampers Grid Modernization’