Wind power companies, contracts & deals

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

Orix plans to buy out cash-strapped Indian partner

By Craig Richard, 20 May 2019

Japanese financial service firm Orix Corporation has announced it intends to buy the 51% stakes cash-strapped Infrastructure Leasing & Financial Services (IL&FS) holds in seven Indian wind farms co-owned by the two companies.

CIP targets Asia and Latin America with new fund

By Craig Richard, 15 May 2019

Copenhagen Infrastructure Partners (CIP) has established a new fund with a primary focus on greenfield renewable energy projects in Asia and Latin America.

RWE prepares for renewables growth with €5 billion loan

By Craig Richard, 15 May 2019

RWE has secured a €5 billion credit line as it prepares to take over E.on and Innogy's renewable energy and gas storage businesses.

News and Analysis

Nordex ramps up production ahead of busy H2

By David Weston, 14 May 2019

German turbine manufacturer Nordex has increased its manufacturing output ahead of a busy second half of the year, after installations in Q1 halved compared with 2018.

New wind farms boost E.on's renewables profits

By Craig Richard, 13 May 2019

E.on's planned takeover of Innogy is "right on schedule" with the necessary approvals expected later this year, despite an EC investigation into the deal.

PG&E power deals ruling set for judicial decision

By Ros Davidson, 8 May 2019

A judge overseeing the bankruptcy of PG&E Corp will now have to rule on who has jurisdiction over the utility's contracts with renewable energy providers.

Growing order book unable to stop Vestas profit slump

By David Weston, 8 May 2019

Vestas recorded 3GW of new turbine orders in Q1, nearly double that of a year ago, resulting in an order backlog of 17.2GW. But this failed to stop Vestas' pre-tax profit slipping 75% to €34 million.

Siemens to transfer SGRE stake to new Gas and Power spin-off

By Craig Richard, 8 May 2019

Siemens will transfer its 59% majority stake in Siemens Gamesa Renewable Energy (SGRE) to its gas and power unit, which will be untethered from its parent company and spun off in a public listing.

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?