News & in-depth analysis of RES's (Renewable Energy Systems) wind energy business, contracts and deals.

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Latest articles about RES Group

Nordex earnings grow ahead of quieter 2017

GERMANY: The Nordex Group has reported earnings of €285.5m in 2016, a 56.6% increase year-on-year, but warns of a dip in 2017 activity.

Europe's repowering drive stuck in bottom gear

EUROPE: Once seen as a substantial sector for growth, the increasing shift towards competitive tendering and a lack of political goodwill is forcing repowering projects to compete against new build for fewer available contracts across Europe.


US adds 80% of 2016 total in Q4

UNITED STATES: Wind power is now America's fourth largest source of electricity, after natural gas, coal, and nuclear.

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30MW Tamra offshore wind farm delivers first power

SOUTH KOREA: The country's first commercial-scale offshore wind farm, located in the coastal waters of Jeju island, has delivered first power, with full operation expected in 2017.

Hamburg 2016: Caution needed over wind's 'vacuum-cleaner' mentality

EUROPE: Under pressure to cut prices for auctions and tenders, turbine makers are being tempted to supply cheap hardware with the aim of making up revenues on expensive back-up components of O&M.

RES to shrink UK operations

UK: RES Group will cut its onshore wind workforce in response to "changing market conditions" in the UK, following the closure of support systems to the sector.

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