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News & in-depth analysis of wind power and renewable energy business, companies, contracts and deals.
Wind power operators will most likely be unable to successfully claim insurance payouts for problems indirectly caused by the coronavirus outbreak, according to a renewable energy underwriter.
EDP Renovaveis’ net profit in 2019 was 52% higher at €475 million, thanks principally to a 27% rise in Ebitda to almost €1.65 billion and the sale of wind assets in Europe and the US.
Government-owned State Bank of India (SBI) has approved Suzlon’s debt restructuring plan, the struggling manufacturer confirmed in a notification to the stock exchange.
Google parent company Alphabet has dropped kite-based wind-power systems developer Makani from its new technology investment platform X, explaining it was too slow and risky to reach commercialisation.
Global wind turbine commissioning increased 21% to nearly 61GW in 2019, with Danish manufacturer Vestas once again taking the top supplier spot despite its market share being squeezed and after the OEM installed less capacity than it did the previous year.
Production delays caused by the coronavirus (COVID-19) outbreak could halve wind turbine installations in China in 2020 if the epidemic continues to impact the supply chain into the middle of the year, according to global energy consultancy Wood Mackenzie.
A private equity investor is bundling 20 oil and gas firms in its portfolio into a new industrial group to help them expand into other parts of the energy sector, including renewables.
Suzlon recorded another $100 million-plus loss in the third quarter of its fiscal year, while its debt grew, turbine deliveries ground to a halt and restructuring talks with lenders continued without resolution.
Vestas' V150-5.6MW turbine, part of its new EnVentus platform, has won Windpower Monthly's turbine of the year award in the 3.5MW+ category. Editor Shaun Campbell and David Weston discuss why.
The next generation of new turbines continues apace in the second half of the year, but financial woes among many of the industry's western OEMs also bite. Here are the top articles from the latter half of 2019.
A spate of technology launches dominated the first half of the year, with a new generation of prototypes also being installed. Here are the top articles from the first half of 2019.
The slowdown decimating Germany's onshore sector has come as little surprise. Following the 2017 tenders -- which were dominated by citizen-owned projects that have longer development times because they did not need permits to enter -- it was clear to most in the industry that there would be a dip in installations.
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.