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New Capacity Lifts DONG Energy’s Wind Division

first_imgDONG Energy has recorded a 32% increase in earnings from operating offshore wind farms in the first half of 2017 as compared to the same period a year earlier.Power generation from offshore wind increased by 34%, to 3.9TWh in H1 2017, as a result of newly constructed and commissioned offshore wind farms in Germany and the UK – the 258MW Burbo Bank Extension and the 582MW Gode 1 and 2. Offshore wind power accounted for 45% of the company’s total power generation.The 573MW Race Bank offshore wind farm in the UK produced its first power during the period as well.Revenue in the company’s Wind Division stood at DKK 10.9 billion (EUR 1.5 billion) in the first half of 2017, with gross investments reaching DKK 5.9 billion.The division’s underlying operating profit (EBITDA) for the period was DKK 6.3 billion, as compared to DKK 5.2 billion reported in H1 2016.Wind conditions were close to the norm in the first half of 2017, DONG said, and the availability of offshore wind farms was high, resulting in solid earnings from the company’s existing wind farms.Following the agreement to divest 50% of the company’s ownership interest in the German offshore wind farm Borkum Riffgrund 2 in 2017 instead of in 2018, DONG raised its 2017 EBITDA guidance for the continuing operations from DKK 15-17 billion to DKK 17-19 billion. This corresponds to an underlying growth of 18-32%.The company’s gross investments for 2017 are still expected to amount to DKK 18-20 billion.”Within one to two years we will likely have excess investment capacity compared to the target rating of BBB+/Baa1, assuming the current dividend policy, the current farm down model, the current Wind Power build out plan as well as the ambition of a 1 GW per year offshore wind build out from 2021-2025 are continued,” Henrik Poulsen, DONG Energy’s CEO and President, said.”The likely excess investment capacity materialises as more and more Wind Power assets come on line and start generating cash flow and has recently been positively impacted by the experienced decline in the build out cost per MW (LCoE). Value-enhancing, green growth opportunities beyond the current investment plan will thus be explored against tight strategic and financial criteria. This could naturally include additional opportunities within offshore wind – which remains our core focus – as well as other renewable technologies and within our downstream, customer-facing business.”Following the farm down of Borkum Riffgrund 2 and the expected farm downs of Walney Extension and Hornsea 1, DONG Energy will only consider farm downs subject to substantial value creation and risk diversification, Poulsen said.last_img read more

Van Gaal set for United bow

first_img Several hints about how Van Gaal’s plan for United will be gleaned from the friendly, which is the opening encounter in a two-and-a-half-week long tour that takes in Denver, Washington DC and Detroit. The Dutchman has been using a 4-3-3 formation in training this week and it will be interesting to see if he adopts the same tactics against the Galaxy. Whatever system he selects, the players on show will be keen to impress their new manager. This tour is effectively an audition for the players. If they needed a reminder they are playing for their futures, then Ed Woodward delivered it in an MUTV interview at the weekend when he said there would be incomings and outgoings over the next few weeks. Fringe players like Tom Cleverley, Darren Fletcher, Ashley Young, Nani and Wilfried Zaha will be under the spotlight most. Great things were expected of Zaha when he arrived at United last summer following his £15million move from Crystal Palace, but he soon fell out of favour with David Moyes and he was loaned to Cardiff for the second half the season. The England international is one of many players hoping to make an impression on Van Gaal. “It’s great to be back,” Zaha told manutd.com. A crowd of over 70,0000 will pack into the Pasadena Rose Bowl to watch Van Gaal’s United take on the Los Angeles Galaxy. The match may be taking place over 5,0000 miles away from Manchester, and it may start at 3,30am, but United fans will closely watch every move Van Gaal makes. A new era will begin in the early hours of Thursday morning when Louis van Gaal takes to the dugout as Manchester United manager for the first time. “There’s a nice vibe, everybody’s working hard and we’re looking forward to the new season. “For me, I definitely feel like this is a clean slate. “All I’m trying to do is impress the new manager and get into his squad. All I can do is give my all. There’s a new manager and I want to make sure I show him what I can do.” When Moyes named Zaha in his Community Shield team last August, many expected the winger to hold down a first-team place for the rest of the season. The 21-year-old did not start a league match for United though after Moyes decided the player was not good enough. After a 13-game loan spell in Wales, Zaha feels he has improved. “Going to Cardiff was a really good experience for me,” he said. “I managed to get quite a few games under my belt at Premier League level, which was good, and I feel like I’ve come back a better player. “I’ve realised there are things about my game I need to work on and concentrate on and I know this is the best place to be if I want to improve. I really want to make myself a better player.” There will be a familiar face in the opposition starting XI at the 92,000-capacity Rose Bowl. Robbie Keane, now in his third year at the Galaxy, used to play against United on a regular basis for Tottenham and Liverpool. Keane spent a month on loan at Aston Villa two years ago, but he opted against returning to the Premier League last season despite interest from several clubs. The Republic of Ireland captain is happy in California and does not miss the Barclays Premier League. “I don’t hanker for England, not at all,” the striker said. “I speak to a lot of players in England, but my routine has completely changed. “My summer is playing now and I have Christmas off. “That is quite nice. I spent my first time in Ireland for 17 years at Christmas. “I look forward to it again this Christmas. It has completely changed for me. “Going back is not something I have looked into too much.” Press Associationlast_img read more

Franchise League 3-day tournament….East Bank ease to 4-wicket win over West Berbice

first_imgEAST Bank completed a four-wicket win over hosts West Berbice yesterday in their round five game of the Franchise League three-day tournament at the Bush Lot ground.Scores in the match: West Berbice 140 and 190; East Bank 191 and 145-6.Set 140 for victory, the visitors resuming the final day with 77 runs short of the victory target, lost four wickets in the process.From their overnight 63-2, the visitors’ added nine runs before left-arm spinner Gudakesh Motie (3-42), removed Sachin Singh for 23.Sherefane Rutherford joined the other overnight batsman Darshan Persaud, and made a 9-ball 16, inclusive of a four and two sixes while Steven Jacobs contributed 17 to the winning total before both batsmen were dismissed by Derich McAlmon and Seon Glasgow respectively.At the other end, Persaud stood firm, and took the winning target within reach before he was dismissed off Andrew Dutchin for 28.Ronaldo Ali-Mohamed was unbeaten on 15 when victory was achieved.Meanwhile, at Tuschen ground on the East Bank of Essequibo, Georgetown beat West Demerara by six wickets.Set 124 for victory, the City team reached their target in just 21.5 overs. Robin Bacchus hit a composed unbeaten 52, and Christopher Barnwell stroke a blistering 47.West Demerara resuming on 43-2, were bowled out for a modest 186. Akshaya Persaud made a solid 51, but it teenage spinner, Ashmead Nedd, who ripped through the West Demerara top order to grabbed for 6-76.Leg-spinner Steven Sankar claimed 3-19 while Paul Wintz had 1-42. Bowling for West Demerara Keshram Seyhodan took 3-31 in Georgetown’s second innings.At Port Mourant; Essequibo whipped Upper Corentyne by 169 runs. Essequibo resumed on 361-3 and were bowled out for 454, a lead of 297 runs.Ricardo Adams took his overnight 62 to 87 while Kemol Savory took his 37 to 49. Off-spinner Eon Hooper finished with figures of 7-116 while David Latchya had 3-78.Set 298 for victory, Upper Corentyne folded for 128 in 47.3 overs. Balchand Baldeo top score with 31. Joshua Ramsammy and Hooper contributed 20 runs apiece.Bowling for Essequibo, Anthony Adams claimed 6-29, while Ricardo Adams had 2-52.Over at the Lusignan ground, Lower Corentyne inflicted an innings and 141 runs win over East Coast.Lower Corentyne resuming at their overnight 343-3, declared at 405-7. Jonathon Foo failed to add to his overnight 152 while Kevlon Anderson added 18 more runs to score to be dismissed for 120.East Coast in reply were bowled out for a paltry 97. Left-arm spinner Veerasammy Permaul was the main destroyer, with four wickets. With a huge first innings lead of 308 runs, the visitors enforced the follow-on. East Coast were then skittled out for 167 in their second innings with pacer Raun Johnson taking six for 36 and Kasim Khan two for 52.The sixth round bowls off on Friday. …Wins also for Georgetown, Essequibo and Lower Corentynelast_img read more

Dodgers president urged Kike Hernandez to wear banana suit in dugout

first_img“Gotta do what the boss says.” Kiké Hernandez was a conspicuous presence in the corner of the Dodgers’ dugout, wearing his bright yellow “Rally Banana” jacket during their 14th-inning rally against the San Francisco Giants.The 24-year-old utilityman was placed on the 15-day disabled list prior to the game with a Grade 1 hamstring, so he intentionally went inside the clubhouse in the ninth inning, in case the Dodgers happened to win in their final plate appearance. “I came in here to like contain myself,” he said, thinking that he might further injure his hamstring celebrating on the field.According to Hernandez, Dodgers president of baseball operations Andrew Friedman spotted him in the 12th inning wearing the banana suit. “Andrew saw me and said, ‘You’ve got to go down there.’ I said, ‘I’ll get fined.’ He said, ‘I’ll pay your fine.’ Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Donor Drops Gold Kruggerand Coin in a Mason City Salvation Army Kettle

first_imgThe Salvation Army is excited to announce that a gold Kruggerand coin was dropped in a bucket this past weekend.Captain Kenyon Sivels said someone put a 1982 South African Krugerrand coin in a kettle at Hy-Vee East sometime between 10 am and 8 pm on Saturday. The Rock Sirius Lodge was manning the kettle at the time.The coin is one ounce of 99.999% pure gold and the value of it depends on the price of gold.It has been several years since The Salvation Army of North Iowa has received a gold coin. Previously a coin was received every year for twenty years in a row but one year they just stopped. We are hopeful this will start a new tradition but even if it is only a onetime thing, we are so appreciative of the generous spirt of our anonymous Christmas angel.This year’s Christmas campaign goal is $253,300. We are still short of the goal but are hopeful that by the end of the year, we will meet our goal. The money raised during our Christmas campaign is used throughout the year to help those in need in North Iowa.last_img read more

Rhythm Ropers play host to Provincial Skipping Championships

first_imgThe Nelson Rhythm Ropers consistently travel the world in search of competition.This weekend the world, well team from throughout the province, flock to the Heritage City to compete in the 2011 B.C. and Yukon Provincial Skipping Championships.Seven teams from the Lower Mainland, Vancouver Island and South Okanagan will be at the L.V. Rogers Gymnasium to compete for the grand prize — a spot in the Canadian National Skipping Championships later this year in Calgary.The festivities begin Friday at the LVR Hangar with the opening ceremonies.The competition heats up Saturday with team events in speed and power trials as well as freestyle group routines.Sunday the provincial competition concludes with individual events with the top eight finishers securing a trip to Cowtown.last_img read more

PNG, Samoa, Tonga prime opposition for Fiji: Ryan

first_imgRyan told PACNEWS upon their arrival at Jackson International Airport  Tuesday that Samoa is always a tough team to play against in any 7s tournament.“ I haven’t seen the team yet  so I don’t know the strength of the side  they brought over  but they will be looking to qualify for Olympics in November, so I’m sure with the new coach as well  they send for this tournament I’m sure they will be a huge threat as well .They always tough to play against.“I think PNG, Tonga and Samoa this three will make up a prime opposition this week,” Ryan told PACNEWS.He said although there were several changes in the team, he is adamant the team will deliver.“We obviously got a good squad here for this week’s competition.  Seven changes from the team that played in London gives me chance to blood in new players.“We just had two days training before we came out here. We ‘ve been under cooked  but it’s going to be a long three days I’m sure they will learn on the field and it should be a great tournament for us,” he said.Ryan said they want to maintain Fiji’s 7s team status as the number one team in World Rugby 7s series and the expectation from the public in Fiji is nothing less a win for a gold medal.“The boys had done their share and they are on a high and the support is huge at the moment where ever we go, so it’s good hopefully they will rise up to the challenge of being the best team in the world that means every game you have to defend that title in my mind and that will start with PNG.“They know, they understand   how the selection been made and they also know like I do the way   the team is selected for Fiji. There is an expectation they will do well, obviously the team I think has lost a couple of Pacific Games final to Samoa. We certainly keen to trying keep this good vibe around Fiji sevens and make sure that we can do our best and hopefully win the gold medal on Friday night,” a confident Ryan said…..PACNEWSlast_img read more

“If I could cross out someone from Atlético, it would be Thomas”

first_imgThe League returns, the priority in Eibar?Yes, we will try to add more points than in the first round (19) because at that rate it will not give us for permanence. Those below squeeze.There has been the parenthesis of the Cup. Go situation for Delgado with the own goal in the discount!We wanted to pass. After the merits contracted by a team like El Cacereño, from Tercera, against one from Primera … the boy was sunk, we comforted him, it is one more soccer action.It was hard to convince Mendilibar.I spent five or six weeks that I didn’t count for the master. The team was winning.What does the technician give you?Claw. Each training is at its best, here it does not stop or drink because it does not give time. I’m learning defensive work, squeezing stealing balls …De Blasis called Mendi ‘the pit bull’Squeeze, and that suits us to be plugged in.Sometimes it’s like a father.He puts a lot of cane on us but in the end he loves us all.The jump to Primera is strong.Yes. But it was more important when I went from the Depor subsidiary to the first team, from Second B to Second. It cost me more. Leaving Cubelles to go to A Coruña, although before it passed through the Damm, was it hard?I was of age but when you have never left home, so many kilometers outside, it costs. Then the adaptation was good, great.He was very rooted in his land and attached to his grandmother.It has always been very important to me. I was sick when I left and you had a bad time.He was in Depor on 21, Valerón’s number.For my grandmother, who died on the 21st. And also because in A Coruña that number was very important. I asked the delegate and he gave it to me quickly.Why do you see Eibar as the right place to grow?I am not aggressive and here it was the ideal place to take another record.Who would you call the Atleti?To Thomas. I like Saul, he has a lot of records, he is the total player, but for us it would be good if Thomas didn’t play, he occupies a lot of ground, it’s hard.João Felix does not work.When expectations are so high, sometimes it costs you.Did you also weigh to be the most expensive signing?It didn’t affect me or pressure me.Atlético is a black beast. How do you beat them?Thinking that we play at home and we want to get many more victories and that Ipurua is our fort.last_img read more

Free and quality education is a better option than cash transfers

first_imgDear Editor,Two favourite campaign promises are already being bandied about: free education and cash transfers. The former is borne of a desire to fundamentally change our society and future. The latter is an example of how to squander our oil wealth. This opinion is not influenced by any party affiliation – to me it seems pure and simple common sense.We all know that investing in our education system is an urgent and vital need. The IMF’s Article IV report found that while Guyanese children receive around 12 years of schooling, that education is only worth about 6 years compared to other countries with better education systems. That means that half of the time our children spend getting an education is wasted. Perhaps it is better to call it daycare than school?Better teachers, facilities, resources and programmes will ensure that the quality of that primary education improves. This will equip our children with the solid foundation they need to pursue further education, rather than proceeding to university unequipped for the challenge. We must also invest at the university level as well. Improving UG’s faculties and programmes will prevent Guyanese from being forced to go elsewhere in order to obtain a degree. This must be done if we are to halt our devastating brain drain.To me, all of this seems to be common sense. One of the best things a country can provide its youth is a quality education. Guyana’s system has fallen into disrepair. Now that we have happened into oil wealth, we have an opportunity to fix this mistake.Compare that to the suggestion that Guyana should begin making cash transfers. A blanket payout to all citizens cannot possibly create the same merits and values that a quality education can. Rather, it rewards Guyanese for having the good fortune to be living in this moment. It also counts on the recipient to be responsible with how they use the funds.Of course, the idea of limited or targeted cash transfers has been suggested as an alternative. And in a perfect world, our Government would impartially distribute cash to Guyanese most in need, bereft of any racial or political considerations. But we do not live in a perfect world. I fear that the idea of targeted transfers is more likely to become a mere euphemism for buying political support with oil money.It is the duty of all Guyanese to refrain from the near-sighted temptations that oil wealth will offer. Every international expert and every country that has already experienced oil wealth all urge us to look to the long term and plan ahead. Our generation is lucky to have seen the discovery of oil, but our labour is just beginning if we are to translate that into lasting prosperity and stability. We have not earned the right to take early retirement on an oil “pension.” We cannot be bribed away from our long-term goal. Let us exercise restraint and look towards policies which create a lasting foundation.Yours sincerely,Donald Singhlast_img read more

Backstreet Boys coming to Dawson Creek and the EnCana Events Centre

first_imgIn A World Like This captures the group’s voices, with five talented artists creating influential, unforgettable pop music. As one of the most successful groups in music history, with countless #1 hits, record-setting tours, and worldwide sales in excess of 130 million, Backstreet Boys are also among pop’s most influential.“Our goal is always to push ourselves as much as possible,” adds McLean. “We want Backstreet Boys to keep setting the template and raising the bar.”One of the biggest boy bands of all time, Backstreet Boys have sold over 130 million albums worldwide and scored numerous chart-toppers including the pop-R&B ballads “I Want It That Way,” “Show Me The Meaning of Being Lonely” and “Quit Playing Games With My Heart.”Backstreet Boys’ latest album, “In A World Like This” is available now.Advertisement Follow more Encana Events Centre updates via social media at www.facebook.com/encanaeventscentre, www.twitter.com/EventsCentreDC and www.instagram.com/EventsCentreDC Tickets will be available for purchase on Friday, March 21 at 10 a.m. local time. Tickets are priced at $107.00, $87.00 & $67.00, plus applicable fees. Tickets may be purchased online at tigerboxofficeplus.ca, by phone at 1-877-339-8499, and in person at the 2 Tiger Box Office Plus locations in the Encana Events Centre and at Tiger Printing & Stationers. Energeticcity.ca has a special chance for you to win tickets before they go on sale.  Find out how you can win, by clicking here.Energeticcity.ca also has a chance for you to buy tickets on Thursday March 20.  All you need to do is like Energeticcity.ca on Facebook, by clicking here.  Then on Thursday before 10 a.m., we’ll post a special password and link to buy your tickets early.- Advertisement -“All five of us are thrilled to be back together and have the opportunity to play for the greatest fans in the world,” said Nick Carter.The In A World Like This album was recorded in London and Los Angeles with producers Martin Terefe, Max Martin, Morgan Reid & Prophet, Dan Muckula and Justin Trugman.“We always want to top our previous albums. That’s always our objective,” said Carter. “All five of us were determined to create an album where every song could be a single.”Advertisementlast_img read more