Balfour bounces back to top contracts league

2013-08-06T16:08:07+00:00August 6th, 2013|Uncategorized|

Balfour Beatty has returned to the top of the 12-month rolling contracts league after two big building contract wins during July in London. The firm picked up a £121m project to build 100 flats and a 21-storey hotel on the Greenwich Peninsula for joint clients, Arora Hotels and Grove Developments. [...]

Concord Green Energy to acquire five utility-scale solar power plants from Canadian Solar

2013-08-06T16:06:28+00:00August 6th, 2013|Uncategorized|

GUELPH, Ontario and VANCOUVER, Aug. 5, 2013 /PRNewswire-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, today announced that its subsidiary, Canadian Solar Solutions Inc., has entered into a sales agreement with Concord Pacific's green energy affiliate, Concord Green Energy [...]

Balfour starts on Midland Metro extension

2013-08-06T16:05:29+00:00August 6th, 2013|Uncategorized|

Balfour Beatty is starting work this month on a 1.4km extension to the Midland Metro linking Birmingham’s two major rail stations. Balfour will work with its in-house professional services division, Parsons Brinckerhoff, to design, construct and commission the new £18.6m tramway. The project also involves substantial improvements to the street [...]

Wood Group Continues to Provide ISC for Triton FPSO

2013-08-06T16:03:56+00:00August 6th, 2013|Uncategorized|

Wood Group PSN (WGPSN) has retained its contract with Dana Petroleum for integrated support services (ISC) in the North Sea, marking more than 14 years of continuous service as prime contractor on the Triton FPSO. The contract is for two years with the option of a one-year extension and estimated [...]

Hub and spoke model recommended for HS2

2013-08-06T16:01:26+00:00August 6th, 2013|Uncategorized|

Network Rail has set out how HS2 could be integrated into the national rail network in a new report. ‘Better connections: options for the integration of High Speed 2’ considers three approaches the industry could take to maximise the benefits of the new line. They are: doing the minimum to integrate; [...]

Marubeni and Mainstream Renewable Power agree Euro 100 million equity investment

2013-08-06T15:57:02+00:00August 6th, 2013|Uncategorized|

Marubeni Corporation(Marubeni)has agreed with Mainstream Renewable Power Ltd(Mainstream)for an investment of max. euro 100 million which at approximately 25% will make Marubeni the second largest shareholder in Mainstream. The deal is subject to shareholder approval. Mainstream is a leading independent developer of offshore wind, onshore wind and solar power businesses [...]

Willesden Junction gets £750,000 upgrade

2013-08-06T15:56:06+00:00August 6th, 2013|Uncategorized|

£750,000 of new investment has brought “substantial” benefits to Willesden Junction station. The project was funded by Network Rail, TfL and the London Boroughs of Brent, Ealing and Hammersmith and Fulham. It is supported by LOROL, which manages the station. Work includes improved road conditions, new lighting and increased CCTV [...]

Visund A crippled by outage

2013-08-05T15:54:31+00:00August 5th, 2013|Uncategorized|

Statoil is still investigating the cause of a mystery power failure that has paralysed its Visund A platform in the Norwegian North Sea. The facility was reported to have been shut-in on Sunday after the outage at around 15:00, with 84 of its workers subsequently airlifted by helicopter to the [...]

Update: Europe Votes to Adopt China Solar Trade Deal

2013-08-05T15:53:40+00:00August 5th, 2013|Uncategorized|

The European Commission has now voted on what it called an amicable solution to its solar trade case with China. On Friday the Commission adopted a decision to accept the two sides' agreement on pricing, as well as a regulation exempting participating Chinese companies from provisional anti-dumping duties. Both decisions [...]

London Square achieves £500m development pipeline

2013-08-05T15:52:59+00:00August 5th, 2013|Uncategorized|

Residential developer London Square has signed its 11th deal taking its development pipeline to over £500m. The firm set-up three years ago by former Barratt London regional chairman Adam Lawrence, has exchanged on a former office building in Eastcote village in the London Borough of Hillingdon. The site has planning permission [...]

A Bigger Boat: Offshore Wind Service Vessels Grow Up

2013-08-05T15:49:54+00:00August 5th, 2013|Uncategorized|

As offshore wind development moves further out to sea, into deeper waters and harsher weather conditions, service and support vessels — boats used for installation, crew transfer and maintenance — have seen a sea change from smaller boats, often re-purposed from other sectors, to purpose-built craft of 20 metres and [...]

Construction to rebound with 2.2% growth next year

2013-08-05T15:27:06+00:00August 5th, 2013|Uncategorized|

Forecasters at the Construction Products Association are predicting  industry output will swing back into recovery with growth of 2.2% in 2014. Private housing will lead the recovery with infrastructure expected to further boost activity, contributing to stronger growth of 4.5% in 2015. Noble Francis, CPA economics director, said: “The industry has [...]

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