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News & in-depth analysis of wind power and renewable energy business, companies, contracts and deals.

Nauen to replace Hannibal at SGRE

Nauen to replace Hannibal at SGRE

GERMANY/SPAIN: Siemens Gamesa Renewable Energy offshore wind CEO Michael Hannibal has resigned from his post, and will be replaced by former Senvion chief executive Andreas Nauen.

GE renewables profits increase in "very challenging" third quarter

GE renewables profits increase in "very challenging" third quarter

UNITED STATES: General Electric reported quarterly profits in its renewable energy division were up 27% year-on-year, while revenues were 5% higher than 12 months previously.

New Vattenfall CFO named

New Vattenfall CFO named

SWEDEN: Vattenfall has appointed its senior vice president of business area markets, Anna Borg, as the company's new chief financial officer (CFO).

News and Analysis

Goldwind 6.7MW model to use 75.1-metre LM blade

CHINA: GE-subsidiary LM Wind Power has unveiled a 75.1-metre blade to be used on Goldwind's new 6.7MW offshore wind turbine.

Boralex and Infinergy target 325MW Scottish pipeline

UK: Developers Boralex and Infinergy have announced a joint venture (JV) aimed at creating a 325MW onshore pipeline in Scotland.

RP Global sells majority stake in Croatian portfolio

CROATIA: Developer RP Global has sold the majority of its two-project portfolio in Croatia to renewable energy fund, Mirova-Eurofideme 3.

SGRE downgrades 2017 forecast

SPAIN: Siemens Gamesa Renewable Energy (SGRE) has been forced to downgrade its outlook for 2017 due to a markdown of assets in the US and South Africa.

Innogy seeks €850m to refinance projects

GERMANY: Innogy has issued a green bond worth €850 million to refinance four offshore projects in the UK and Germany and one onshore site in the Netherlands.

In Depth

Top ten turbine makers of 2017

WORLDWIDE: Vestas cements its number one status, with Siemens Gamesa moving to number two following its merger earlier this year.

From powering homes to shielding them from noise

DENMARK: The world's leading offshore developer and a Danish recycling company have found a novel way to divert decommissioned turbine blades from landfill and reduce CO2 emissions in the process.

Island Life

GREECE: Global Wind Day on 15 June celebrated the 500GW installed capacity milestone. Much of that is installed on wide open plains. However, sometimes the industry goes to extraordinary lengths to get to the best winds

Industry optimistic over offshore's future

UK: Confidence was high in London for Europe's biggest offshore event the year. Political opposition is fading as fast as costs are falling, and the industry is looking forward to sustained growth.

Cheap power, brutal competition

UNITED STATES: With low gas prices pushing down wholesale prices, developers are finding utilities are keener to buy wind farms than the power they generate.

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