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News & in-depth analysis of wind power and renewable energy business, companies, contracts and deals.
FINLAND: Measurements specialist Vaisala has acquired French lidar provider Leosphere for €38 million as the Finnish firm expands its offering.
FRANCE: Siemens Gamesa Rewnewable Energy (SGRE) and the port of Le Havre have signed a framework agreement to prepare for the two factories the OEM plans to build, one producing nacelles and the other blades for its direct-drive 8MW turbines.
INDIA: The wind energy unit of Infrastructure Leasing and Financial Services (IL&FS), once considered among the largest wind power generators in the country, is up for sale as a result of the insolvency of the parent company.
GERMANY: Mothballed turbine manufacturer Adwen has come to an agreement with the local works council on the number of job cuts and social plan for its operations in Germany.
SPAIN: Ricardo Chocarro has left his role as onshore CEO at Siemens Gamesa Renewable Energy after 19 years with the company and Gamesa prior to merger. SGRE has also appointed a new chairman and CFO.
UK: Iberdrola subsidiary ScottishPower will generate 100% of its electricity with wind power, following the sale of its remaining gas plants to a subsidiary of Drax Group.
GERMANY: Developer Innogy has announced its intention to reallocate €850 million of proceeds from its 2017 bond framework from renewable projects to grid investments.
UK: MHI Vestas wants to hire "hundreds" of workers at its Isle of Wight blade plant to meet the demand for its V164 turbine.
Ørsted has spent more than $1 billion in the past two months, buying up more than just US wind capacity.
DENMARK: When Philippe Kavafyan took over from Jens Tommerup as MHI Vestas CEO earlier this year, his predecessor told him to 'learn to say no'. Windpower Monthly spoke to the former Adwen chairman about how he is picking his battles and where he plans to take the firm over the next four years.
UNITED STATES: Having joined the company as an intern, MidAmerican CEO Adam Wright combines in-depth experience of the business with the competitiveness of a former professional NFL player as the utility works to deliver on its 100% renewable energy promise.
Ten years after the collapse of Lehman Brothers sparked the great financial crisis, and you will be hard-pressed to find an economist who doesn't think that it could happen again, soon.
INDIA: The 2MW-plus class dominates current installations in Asia's second largest market, but as in other low-wind regions, the trends is towards higher ratings and bigger turbines. Eize de Vries visits Vestas' and Nordex's nacelle assembly plants.