Alstom

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News & in-depth analysis of Alstom's wind energy business, contracts and deals.

Most turbine models fail to make a profit

By David Weston, 12 February 2019

Turbine manufacturers are "still not as profitable as they need to be to survive" as the cost of developing new turbines is not being recovered by sales, a new report has warned.

GE's orders and sales increase in 2018

By Craig Richard, 31 January 2019

GE Renewable Energy's revenue and order volume and value grew last year, while its operating profit declined, according to its 2018 financial results.

Senvion's Sharma steps down

By David Weston, 24 January 2019

Senvion chief financial officer Manav Sharma has resigned from the company, following a period as interim-CEO through much of 2018.

GE puts blades at the cutting edge

By Staff, 31 October 2016

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.

GE Renewable Energy revenues up 66% in Q3

By David Weston, 24 October 2016

UNITED STATES: GE's renewable energy business reports increased revenues of $2.78 billion in Q3, with nine-month figures also up 51%.

GE acquires LM Wind Power

By David Weston, 11 October 2016

DENMARK: US giant GE has acquired blade manufacturer LM Wind Power for an enterprise value of €1.5 billion, after reaching a deal with LM's owner, private equity firm Doughty Hanson.

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