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Business & Companies In Depth

Wind's retiring champion

Wind's retiring champion

UK: From designing vertical-axis-turbines to developing wind farms and shaping policy, industry veteran and outgoing RES chief Ian Mays has seen many changes in the wind industry.

Developers sell wind assets to fund new projects

Developers sell wind assets to fund new projects

BRAZIL: After installing around 9.5GW in the past five years, Brazil's wind market is moving in a new direction.

OEMs stretch services to cover multiple brands

OEMs stretch services to cover multiple brands

UNITED STATES: A multi-brand service model is taking off in the operations and maintenance (O&M) market.

Business & Companies News

Investment firm takes Lagerwey stake

NETHERLANDS: Dutch investment fund Ponooc has acquired a minority stake in turbine manufacturer Lagerwey, the firm announced.

Renewables a 'safe bet' for M&A

WORLWIDE: In its latest power trends report, audit firm Ernst & Young said investors were looking towards the "safe bet" of renewable power.

John Laing enters offshore wind

GERMANY: UK infrastructure group John Laing has acquired a 30% stake in Wpd's 111MW Nordergründe offshore wind project in Germany's North Sea.

Vestas share buy-back as prices reach eight-year high

DENMARK: A "better than expected" first half of 2016 for Vestas, with a 60% increase in gross profit and the highest share price in eight years, has resulted in the manufacturer setting aside €400 million to buy back shares.

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Business & Companies Comment

Wind's newest, biggest player

To the list of Vestas and Mitsubishi Heavy Industries, GE and Alstom, Nordex and Acciona, we can now add Siemens and Gamesa (p10).

Turbines live longer as projects grow

The European Wind Energy Association (EWEA) must be congratulated for the quietly efficient way it set about managing its annual event in a city still reeling from the shock of a terrorist attack just three days earlier.

Competitive age needs deep pockets

There are many challenges associated with developing projects in forested, low-wind sites, but finding a suitable turbine is not likely to be one of them.

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