Water – its use and the impact of constraints – are now a boardroom issue, according to the Carbon Disclosure Project (CDP), which launches a new water disclosure report and programme today. CDP Water Disclosure asked over 300 of the world’s largest companies to provide information on their water use and water-related business issues. Water is already […]
Financial, legislative and reputational risks associated with energy use are increasing for businesses, warns a new white paper commissioned by npower from the London School of Economics (LSE). According to the latest statistics from npower’s Business Energy Index, businesses now rank energy as posing a greater risk than credit and security or health and safety. “The risks faced by […]
Energy companies E.ON and ScottishPower Renewables, part of Spanish group Iberdrola Renovables, have announced plans to work together on the testing of Pelamis’ ‘sea snake’ wave power device. Testing of Pelamis Wave Power’s device – named the Vagr Atferd – began in May, when E.ON installed the device at the European Marine Energy Centre (EMEC) in Orkney. Last week, E.ON […]
Danish turbine manufacturer Vestas has received an order from a California wind farm, while rival Siemens has landed a deal to supply the Dan Tysk wind farm off Germany’s coast. The Vestas order is for 24 of its V90-3.0 MW turbines and 31 V90-1.8 MW models totalling 128 MW. Sacramento Municipal Utility District has placed the order for its […]
US high-tech company United Technologies Corporation (UTC) has agreed a cash deal to acquire troubled California-based wind turbine manufacturer Clipper Windpower. UTC already holds a 49.9% stake in Clipper, but will now acquire the remaining shares of the company worth around £70 million. The acquisition will create long-term financial stability for Clipper, while adding Clipper’s expertise in wind […]
US giant GE has announced plans to invest $432 million in four ‘centres of excellence’ dedicated to the design and manufacture of a new generation of smart fridges and freezers. The investment will “transform GE Appliances” says president and CEO James P. Campbell, revitalising its US business and manufacturing base. New centres of excellence will be set up […]
