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Business & Companies In Depth

Policies and rise of storage stopping co-location

Policies and rise of storage stopping co-location

EUROPE: Co-locating ground-mounted solar projects at wind farms looks like the perfect match. Wind output is higher in winter, solar output in summer, allowing the two types of generation to share infrastructure with little need for curtailment. The synergies can help reduce overall costs.

Record year for Vestas as wind beats oil and gas for Dong

Record year for Vestas as wind beats oil and gas for Dong

WORLDWIDE: Vestas reported a net profit of €965 million for 2016, up from €685 million in the previous year. The Danish company said its turbine order intake stood at 10,494MW at the end of last year, compared with 8,943MW in 2015.

Multi-lateral banks boost renewable-energy investment

Multi-lateral banks boost renewable-energy investment

INDIA: In January, two renewable-energy developers in India received total funding of $515 million. About $125 million of this was made as an equity investment in an emerging developer, Hero Future Energies, by the International Finance Corporation (IFC), a member of the World Bank Group.

Business & Companies News

Vestas lands Chinese triple order

CHINA: Danish manufacturer Vestas has announced three orders from China, totalling 156.2MW.

Drinks maker AB-InBev commits to 100% renewables

MEXICO: One of the world's largest drinks producers, Anheuser-Busch InBev (AB In-Bev) has committed to sourcing 100% of its electricity usage from renewable power, signing its first power deal in Mexico.

Bladena appoints former GE offshore CEO

DENMARK: Blade specialist Bladena has appointed former GE offshore wind CEO Anders Soe Jensen as its new chairman.

Statkraft divests Dogger Bank stake

UK: Norwegian developer Statkraft has exited the Forewind consortium developing the four 1.2GW projects in the Dogger Bank zone.

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Business & Companies Comment

Wind fears Trump bubble bursting

Could the "Trump effect" on the global economy pose a greater threat to wind power's prospects than his denial of climate change science?

Viewpoint: Removing blockers and creating enablers

WORLDWIDE: "I have never known much good done by those who affected to trade for the public good." Many academics agree that this statement, made in 1775 by Adam Smith in The Wealth of Nations, is the underlying reason why free trade is more effective than protectionist measures in delivering prosperity to society.

GE puts blades at the cutting edge

Another month, another major acquisition. GE has once again dipped into its seemingly bottomless pockets, this time to buy the world's biggest independent manufacturer of wind-turbine rotor blades, LM Wind Power.

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