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Aker Solutions buys Norwegian oil service company

Norwegian Aker Solutions buys family-owned oil service company for a little over NOK 200 million. The acquisition of the company, Norway's third-largest offshore supplier, is expected completed in the second quarter.

Photo: Hjalmar Otto Fjøsne, Aker Solutions

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German wind prices rise by one fifth

After dramatic price declines and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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