Vattenfall is looking to fill 130 new positions in its wind energy business over the next 12 months.
The developer of a windfarm off the north-east coast has launched a £2.5million research programme into the environmental impact of offshore turbines.
The Aberdeen offshore demonstration has been in gestation for a decade and Aberdeen Renewable Energy Group (AREG) deserves enormous credit for sticking with it through thick and thin, supported by EU investment.
A manufacturer in Argyll has signed a deal to potentially supply wind turbines to Vattenfall as it breaks ground on a £27million expansion.
Wind energy firms Dong and Siemens have both committed to their UK operations in the aftermath of the Brexit vote but have called for clarity on next steps.
The developer of a controversial windfarm off the coast of Aberdeen has agreed a deal to sell its German coal division.
Fugro has completed offshore works undertaken in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC) at Aberdeen Bay.
The developer of a controversial wind farm off the coast of Aberdeen has dismissed claims it will not be able to fund the £230million project. Swedish energy firm Vattenfall said it is confident that cash reserves are in place for the European Offshore Wind Deployment Centre (EOWDC) testing and demonstration site, although an investment decision has yet to be taken on the scheme. Assurances came after Vattenfall announced the next step in the project. It said offshore survey group Fugro has started assessing the seabed in Aberdeen Bay ahead of the construction stage, which is slated to start in late 2017.
The Swedish firm behind the proposed windfarm off the coast of the Trump International golf resort at Menie, near Aberdeen, has reported a third consecutive year of losses.
Vattenfall expects to be able to build offshore wind power projects without subsidies by 2025, according to a senior company official.
The developer behind the proposed wind farm off the coast of the Trump International golf resort has raised £237million in the sale of another offshore energy project.
Vattenfall is in the midst of a restructuring after being hit by massive write-downs in the value of its traditional generation business as well as a fall in energy prices. The utility, which is wholly owned by the Swedish state, was affected by £3billion write-downs on its coal and gas-fired assets in Europe in 2013.
Vattenfall last night vowed to press ahead with their £230million offshore wind project, and welcomed the Supreme Court's ruling. Andy Payne, project director for Vatenfall's Aberdeen Offshore Wind Farm (AOWF), said the Swedish energy giant was looking at ways it will fund the European Offshore Wind Deployment Centre (EOWDC) - and that a decision will be made by mid-next year.
US presidential candidate Donald Trump is waiting for a ruling on the latest round of his legal fight against an offshore wind farm project near his Scottish golf resort.
Vattenfall has place a hybrid bond issue of $400million which will be used for general corporate purposes. The company said the move will be its first ever hybrid bond denominated in US dollars.
The benefits of offshore windfarms to the UK economy will be highlighted at an event next week.
Swedish utility Vattenfall has agreed to phase out two lignite coal plants in Germany as part of government plans to cut greenhouse gas emissions.
The £2billion NorthConnect project to connect Aberdeenshire to the Scandinavian electricity network has been approved by Aberdeenshire Council.
A defiant pensioner has vowed to “sit in front of a bulldozer” to prevent a key piece of infrastructure for Aberdeen Bay windfarm from being built on a former landfill site.
Swedish energy firm Vattenfall said Friday it is set to appoint a liquidator to wind up its failed wave power company, but vowed to dip its toes back into Scottish waters if conditions improve. Aegir Wave Power (AWP) was set up in 2009 as part of a joint venture between Vattenfall and renewable energy company Pelamis with the aim of developing commercial wave farms off Shetland. But the plan was pulled in November when Pelamis, whose generators were to be used by AWP, went into administration after failing to secure enough funding to develop its devices.