Vattenfall Sells Hillerod CHP Station

Vattenfall has signed a deal to sell Hillerød Combined Heat and Power Station in Denmark The buyer of the CHP station and the northbound heat transmission line is Hillerød Forsyning. Simultaneously a deal has been struck with Vestforbrænding on buying a southbound heat transmission line from Hillerød CHP station. Hillerød Forsyning is expected to take over the station formally during the first months of 2011. Vattenfall acquired Hillerød CHP... Read more..

Masdar Set to Capitalise on International Adoption of Renewable Energy

Masdar chief executive Dr. Sultan Al Jaber announced that Masdar, a multi-faceted future energy initiative wholly owned by the Mubadala Development Company, is well-positioned to capitalise on the “undeniable momentum and long term viability” of renewable energy technology in his keynote speech at the World Future Energy Summit in Abu Dhabi. Dr. Al Jaber acknowledged the recent global economic downturn in his opening ceremony address,... Read more..

Sigma Signs Definitive Agreement for Acquisition of Zensys

Sigma Designs, a leader in digital media processor SoC’s for consumer electronics, announced that it has signed a definitive agreement to acquire Zensys Holdings Corporation, a wireless start-up company. Zensys, headquartered in Fremont, California, is an innovative developer of single-chip RF solutions called Z-Wave® that has already been designed into over 250 smart home products world-wide. Consumers throughout the world have been embracing... Read more..

Biofuel Plantations on Tropical Forestlands Are Bad for the Climate and Biodiversity, Study Finds

Keeping tropical rain forests intact is a better way to combat climate change than replacing them with biofuel plantations, a study in the journal Conservation Biology finds. The study reveals that it would take at least 75 years for the carbon emissions saved through the use of biofuels to compensate for the carbon lost through forest conversion. And if the original habitat was carbon-rich peatland, the carbon balance would take more than 600 years.... Read more..

Vattenfall Acquires Britain’s Largest Offshore Wind Farm

Vattenfall has acquired the Thanet Offshore Wind project off Margate, Kent, for the sum of GBP 35 million (SEK 435 million). On completion, the wind farm will have an installed capacity of some 300 MW. This will be almost three times the size of Lillgrund, Vattenfall’s largest wind farm in Sweden to date, and about the same size as Horns Rev in Denmark, in which Vattenfall has a majority stake. Vattenfall acquired the rights to build Thanet Offshore... Read more..

Vattenfall AB acquires Eclipse Energy UK PLC

Vattenfall is Europe’s fifth largest generator of electricity and the largest producer of heat, and works in all parts of the electricity value chain. In the UK, Vattenfall owns and operates the Kentish Flats offshore wind farm, which has a capacity of 90 MW. It is also the world’s second largest offshore wind power operator, with a 60 per cent stake in Horns Rev, the world’s largest offshore wind facility off Denmark’s Jutland Peninsula (160... Read more..

Vattenfall Acquires AMEC Wind Energy ltd

Vattenfall AB, the fifth largest electricity generator in Europe, today announced the acquisition of 100% of AMEC Wind Energy Limited (‘AMEC Wind’), a major UK developer of commercial wind farms for cash consideration of around 126.6 million GBP (equalling about 1.6 billion SEK or 160 million EUR). This move positions Vattenfall to further expand its presence in the UK market and to advance its efforts to make electricity clean by reducing emissions... Read more..

President of Iceland Assumes Patronage of Driving Sustainability ‘08

The President of Iceland, Mr. Olafur Ragnar Grimsson, will inaugurate Driving Sustainability ‘08, an exclusive international platform for sustainable energy solutions for transport, at Hilton Reykjavik Nordica, Iceland, on September 18 & 19, 2008. Invited as special speaker, the world famous aeronaut and psychiatrist Dr. Bertrand Piccard will deliver a keynote on his global vision for sustainable mobility embodied in his Solar Impulse (http://www.solarimpulse.com)... Read more..