-
1 day ago | 
energate-messenger.com | Philip Akoto
Essen (energate) - The stable result at the end of 2024 and the good start to the current year have allowed the Eon Group to score points with its shareholders. As the positive business development in the recent past has also led to a good performance of the shares on the stock exchange, the Group management received a lot of recognition for the company's current strategic direction at the recent virtual Annual General Meeting. … Would you like to read this and other news?
-
2 days ago | 
energate-messenger.com | Philip Akoto
Mannheim (energate) - MVV sees large parts of the utility sector in a "difficult market environment". The economic climate is "characterised by major uncertainties" in terms of both domestic and foreign policy. This was stated by MVV's new CEO Gabriël Clemens when the Mannheim-based regional utility published its half-year results for the current financial year (reporting date: 31 March). … Would you like to read this and other news?
-
2 days ago | 
energate-messenger.com | Philip Akoto
Essen (energate) - Eon's continuous grid expansion investments are paying off. At the start of this year, its regulated business, which includes the growing distribution grid, generated earnings before interest, taxes, depreciation and amortisation (EBITDA) of 2.1 billion euros – 20 per cent more than in the same quarter last year. This information comes from the latest annual report of the Essen-based company. … Would you like to read this and other news?
-
3 days ago | 
energate-messenger.com | Philip Akoto
Karlsruhe (energate) - According to EnBW, the company has made a good economic start to the current year. Despite some losses in the important core business areas relating to renewable generation and energy trading, the Karlsruhe-based company managed to generate more profit in the first quarter of 2025. At EUR 1.4 billion, adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) were 5 per cent higher than in the previous year.
-
1 week ago | 
energate-messenger.com | Philip Akoto
Munich (energate) - The service for gas turbines and conventional power plants is one of Siemens Energy's major economic drivers in the current fiscal year. As the business with technology components for power grid expansion is also doing well, the group's management is positive about business development in the year to date. This is evident from the latest consolidated balance sheet.
-
1 week ago | 
energate-messenger.com | Philip Akoto
London (energate) - At 2.4 GW, the British offshore wind power project 'Hornsea 4' is one of the largest projects of its kind in European waters to date. However, it is uncertain whether and when the 180 wind turbines planned for the project will actually be installed. For financial reasons, the Danish state-owned company Ørsted, the project developer of the wind farm, pulled the ripcord and stopped the large-scale project. … Would you like to read this and other news?
-
1 week ago | 
energate-messenger.com | Philip Akoto
Chemnitz (energate) - The resurgence in competition with energy discounters is leaving its mark on EnviaM's books. On the sales side, 2024 was "another painful year" for the Chemnitz-based regional supplier, stated chief sales officer Patrick Kather at the presentation of the Eon subsidiary's latest annual results. According to the company, this competitive pressure was particularly strong in the business with private end customers. … Would you like to read this and other news?
-
1 week ago | 
energate-messenger.com | Philip Akoto
Stuttgart (energate) - The regulatory complexity of the energy industry is not an easy place for start-ups. The crisis-ridden economy in Germany and the political upheaval following the change of administration in the US have not made the environment any easier for start-ups in the sector. In this interview, Enpulse CEO Florian Fichter explains how the start-up scene is coping and what trends it is currently following. … Would you like to read this and other news?
-
1 week ago | 
energate-messenger.com | Philip Akoto
Singen (energate) - Pharmaceutical manufacturer Takeda is relying on biomass from waste wood for its "industrial heat transition" at a production site in Singen, Baden-Württemberg. The Japanese company, headquartered in Tokyo, has recently started operating a biomass power plant with an 8 MW steam boiler in this country. This plant, which cost a total of 14.5 million euros, is able to cover up to 80 per cent of the site's previously gas-based energy supply, the company announced.
-
1 week ago | 
energate-messenger.com | Philip Akoto
Düsseldorf (energate) - Uniper's business as a gas supplier and the management of its gas storage facilities have not given it much economic pleasure so far this year. At least the midstream business of Germany's largest gas trader was one of the drivers of the "expectedly moderate" first quarter results. This is how CFO Jutta Dönges categorised the business development to date on the occasion of the presentation of the latest company balance sheet. … Would you like to read this and other news?
