Wind power companies, contracts & deals

News & in-depth analysis of wind power and renewable energy business, companies, contracts and deals.

Ideol signs deal for concrete foundations in Japan

By Craig Richard, 10 October 2019

French foundation specialist Ideol will work with Japanese construction company Taisei Corporation to develop concrete foundations for floating offshore wind projects using its damping pool design.

Morgan Stanley ups PNE takeover offer

By Craig Richard, 10 October 2019

Morgan Stanley Infrastructure Partners (MSIP) will launch a takeover bid for German wind developer PNE with an increased offer of €4 per share.

JERA expands in Taiwan as first wind farm completed

By Craig Richard, 9 October 2019

Japanese energy group JERA has agreed to acquire a 49% stake in the 376MW Formosa 2 project being developed off the west coast of Taiwan, while the last turbine has been installed at the country's first large-scale offshore wind farm.

News and Analysis

Acciona set for Nordex takeover bid

By David Weston & Sara Knight, 8 October 2019

Acciona will launch a full takeover of Nordex after increasing its majority share in the German turbine manufacturer to 36.27%.

Equinor halves Arkona share

By David Weston, 3 October 2019

Norwegian state-owned energy firm Equinor has sold a 25% stake in the 378MW Arkona offshore wind project in the German North Sea to Credit Suisse Energy Infrastructure Partners.

RWE completes E.on renewable assets acquisition

By David Weston, 30 September 2019

RWE's installed renewable energy portfolio now stands at more than 9GW, making it one of the world's largest operators following its deal with E.on.

More job losses as Vestas cuts Danish and German workforce

By David Weston, 27 September 2019

Roughly 590 manufacturing jobs will be cut from Vestas' blade manufacturing facilities in Germany and Denmark as the company "evolves" to meet customer demand. This follows Siemens Gamesa's announcement it is also cutting 600 jobs in Denmark to "address challenging market conditions".

Up to 600 jobs to be lost at SGRE in Denmark

By David Weston, 26 September 2019

Siemens Gamesa Renewable Energy (SGRE) has announced up to 600 jobs could be lost from its operations in Denmark in a bid to "increase competitiveness" and "address challenging market conditions".

In Depth

Challenges remain for rapid US offshore buildout

By Ros Davidson, 1 May 2019

With the deadline looming to start work at the end of 2019 to qualify for tax credits, building a supply chain is the priority for the nascent US offshore wind sector.

Are Norway's fuel giants serious about committing to renewable energy?

By Sara Knight, 25 March 2019

Norway's economy and wealth is built on the oil and gas sector, making it vulnerable to falling oil prices and a global shift from fossil fuels to renewable energies. Windpower Monthly looks at how state-owned Equinor and Statkraft are responding -- are they truly diversifying or just paying lip service?