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Insurance little help for coronavirus-hit wind sector

Insurance little help for coronavirus-hit wind sector

Wind power operators will most likely be unable to successfully claim insurance payouts for problems indirectly caused by the coronavirus outbreak, according to a renewable energy underwriter.

Record 5.2GW of offshore wind added in 2019

Record 5.2GW of offshore wind added in 2019

A record 5.2GW of fully operational offshore wind capacity was commissioned in 2019, according to a report from advocacy body World Forum Offshore Wind (WFO).

Key Suzlon lender accepts restructuring plan

Key Suzlon lender accepts restructuring plan

Government-owned State Bank of India (SBI) has approved Suzlon’s debt restructuring plan, the struggling manufacturer confirmed in a notification to the stock exchange.

Coronavirus 'jeopardises 2020 Chinese installations'

Coronavirus 'jeopardises 2020 Chinese installations'

Production delays caused by the coronavirus (COVID-19) outbreak could halve wind turbine installations in China in 2020 if the epidemic continues to impact the supply chain into the middle of the year, according to global energy consultancy Wood Mackenzie.

Suzlon on the brink as debts mount

Suzlon on the brink as debts mount

Suzlon recorded another $100 million-plus loss in the third quarter of its fiscal year, while its debt grew, turbine deliveries ground to a halt and restructuring talks with lenders continued without resolution.

SGRE overtakes Suzlon in India

SGRE overtakes Suzlon in India

Siemens Gamesa Renewable Energy (SGRE) seized new orders from embattled Senvion to surpass Suzlon as India’s top turbine supplier in 2019.