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News and in-depth analysis of wind power, wind farms and wind industry companies and policy in the Asia and the Pacific region.
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.
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).
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.
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 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.
Siemens Gamesa Renewable Energy (SGRE) seized new orders from embattled Senvion to surpass Suzlon as India’s top turbine supplier in 2019.