Business & FINANCE

RSS feed

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

Clearway Energy Group owns the 419MW Mesquite Star wind farm in Texas

TotalEnergies to acquire half of Clearway Energy Group

Oil major’s largest acquisition in US renewables space to underpin its accelerated transition to zero-carbon energy

Nordex cited the war in Ukraine – among other factors – in downgrading its guidance for 2022

War and lockdowns ‘likely to send Nordex to 2022 loss'

German turbine manufacturer cites multiple internal and external factors in lowering its guidance for 2022

Siemens Gamesa has installed more than 25GW of operational wind turbines in the US, according to Windpower Intelligence, the research and data division of Windpower Monthly

Siemens Gamesa to cut more US manufacturing jobs

Turbine manufacturer announces job cuts amid market slowdown, financial difficulties and GE patent dispute

News and Analysis

Siemens Energy eyes €300m post-takeover annual savings at SGRE

Senior figures at Siemens Energy outline areas where costs could be saved if it takes over Siemens Gamesa

Siemens Energy launches €4 billion bid for SGRE

German industrial giant's energy unit confirms long-awaited takeover bid for ‘deteriorating’ European turbine maker

Siemens Energy considers SGRE buyout

Parent company weighs options as Siemens Gamesa faces supply chain woes and difficulties ramping up onshore platform

Floating wind digital twin firm gets funding boost

Firm involved in TetraSpar and TwinWind projects gets multi-million dollar backing to support its global growth

Corio takes on pension fund for 9GW offshore JV

Ontario Teachers’ US$1 billion backing to help Corio Generation develop offshore wind pipeline of 14 projects

In Depth

Opinion: Proposed SGRE buyout is correct response to wind industry economics

The potential buyout of Siemens Gamesa makes sense for the industry's health if it is to meet the huge demands placed on it by energy transition

Wind energy is already saving UK consumers money

Wind power generators paid electricity suppliers in Q4 2021 as the reference price rose above CfD prices for the first time

Analysis: How to build out wind fast at a good price for all

Amid increasing urgency for a massive rollout of low-cost wind, are competitive tenders for CfDs still the gold standard?

How easy is it to hack a wind turbine?

From data theft to satellites used for remote monitoring, recent cyber attacks have made global headlines

Opinion: The end of wind subsidies is to be welcomed

Subsidies have helped launch the energy transition but the industry should welcome the end of them, argues Bob Psaradellis