GERMANY: GE is to replace Stephan Ritter, its general manager for renewable energy in Europe, as part of a shake-up for the company's European operations.
UNITED STATES: Enel Green Power (EGP) has paid GE Capital $80 million to increase its stakes in two wind farms in Oklahoma and Minnesota, reducing GE to a minority interest on both projects.
UNITES STATES: Anti-renewables legislation being proposed in many states is hampering the growth of wind energy across the US, according to researchers and wind industry officials.
DENMARK: In this year's Q1 figures, Vestas announced Q1 revenues of EUR 1.096 billion, a 1% decrease on the same period in 2012. However, for Vestas CEO Ditlev Engel this is far preferable to last year's Q1 announcements of a EUR 162 million loss, a postponement of the development of the V164 8MW offshore turbine and the problems with 376 V90 gearboxes.
UNITED STATES: Anne McEntee comes to her new job as GE's vice president for renewable energy with plenty of career experience, something she will need in abundance if she is to come close to saving GE's position as number one turbine manufacturer.
MEXICO: While uncertainty over subsidies hampers wind development in Europe and North America, the lack of government support in Mexico is actually encouraging international investors to back projects in the country.
