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News & in-depth analysis of wind power and renewable energy business, companies, contracts and deals.
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.
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.
SWEDEN: Vattenfall has appointed its senior vice president of business area markets, Anna Borg, as the company's new chief financial officer (CFO).
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.
UK: Developers Boralex and Infinergy have announced a joint venture (JV) aimed at creating a 325MW onshore pipeline in Scotland.
CROATIA: Developer RP Global has sold the majority of its two-project portfolio in Croatia to renewable energy fund, Mirova-Eurofideme 3.
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.
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.
WORLDWIDE: Vestas cements its number one status, with Siemens Gamesa moving to number two following its merger earlier this year.
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.
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
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.
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.