Advertisement
News
Advertisement

Renovables, REC post firm H1 results, upbeat on 2010

Tue, 07/20/2010 - 12:27pm
Reuters

MADRID/OSLO (Reuters) - Iberdrola Renovables and Renewable Energy Corp kicked off Europe's green energy reporting season on Tuesday with sharp upticks in first-half earnings and upbeat 2010 forecasts, but neither gave a forecast for 2011.

Spain's Renovables, the world's largest generator of wind power, reiterated its forecast to grow its core earnings by 20 percent in 2010, while Norway's REC, which makes solar power equipment, forecast growth in the second half, thanks to higher demand.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading