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

New projects boost Northland's 2017 sales

New projects boost Northland's 2017 sales

CANADA: Completion of two offshore wind farms boosted Northland Power's revenue for 2017 by 25%, the Canadian developer said.

Fugro revenue grows outside of oil and gas

Fugro revenue grows outside of oil and gas

NETHERLANDS: Ocean surveyors Fugro recorded a 15.7% decline in its revenue for 2017 -- a year it described as "the fourth of an exceptionally deep downturn in oil and gas services".

New projects boost Innergex earnings

New projects boost Innergex earnings

CANADA: Newly commissioned and acquired wind farms drove up Canadian developer Innergex's revenue last year.

News and Analysis

Engie buys US developer Infinity Renewables

UNITED STATES: Engie's North American subsidiary has acquired wind and solar developer Infinity Renewables and its 8GW-plus pipeline for an undisclosed sum.

European Energy strategy produces strong results

DENMARK: Renewable energy developer European Energy has recorded pre-tax profit of €25.8 million for 2017, an increase of 44% on the previous year.

Production increases boost Iberdrola renewables profit

SPAIN: Iberdrola recorded a 3.7% rise in net profit for 2017, which it said was mostly driven by its renewables and networks businesses.

Australian developer secures $525m debt refinancing

AUSTRALIA: Investment bank Goldman Sachs will provide Australian developer Infigen with A$525 million ($415 million) debt refinancing.

EDF's renewable earnings fall despite increase in output

FRANCE: Utility EDF's renewables division benefited from an increase in power output in 2017, but its operating profit (Ebitda) dropped 12.8% year-on-year.

In Depth

US offshore sector ready to emerge on its own terms

It might be late coming to the party, and significant challenges remain in supply-chain and marine logistics, but the business case for US offshore wind is now convincing. The sector's short history in the US was peppered with initial setbacks, but the potential is finally starting to turn into a reality.

Slow growth beats boom and bust

Another year of sluggish growth, squeezed margins and fierce price competition from natural gas lies in wait for the wind-power industry OEMs in 2018.

Review of 2017 - part two

WORLDWIDE: The second half 2017 was difficult for many of the major OEMs with a drop off in the Indian market a key factor. Windpower Monthly takes a look at this trend and the other big stories from the second half of 2017.

Review of 2017 - part one

WORLDWIDE: The first six months of 2017 pick up where 2016 had left off with further activity in the mergers and acquisition field accompanied by significant job cuts. Windpower Monthly takes a look at the biggest stories in the first half of the year

Paying lip service, or getting nervous?

WORLDWIDE: The oil and gas giants are showing some appetite for renewables, with offshore wind looking the most likely beneficiary. But their investments in clean energy still remain minuscule in comparison with their fossil-fuel interests.

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