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News & in-depth analysis of wind power and renewable energy business, companies, contracts and deals.
SWEDEN: The state-owned utility recorded underlying profit of SEK 9.4 billion (€902.4 million) in the first quarter of 2018, with its wind business unit experiencing a 21% increase.
UNITED STATES: Apex Clean Energy, one of the US's largest wind developers, is currently undergoing a strategic review that could lead to a sale of the company.
DENMARK: Offshore wind developer Ørsted recorded a "strong" start to the 2018, posting a 20% increase in revenue for the first quarter.
WORLDWIDE: Global wind installations are set to break the 60GW barrier once more from 2019, the Global Wind Energy Council (GWEC) predicts.
SPAIN: Leading wind power developer Iberdrola has recorded a net profit of €838 million in the first quarter of 2018, a 1.2% increase on the previous year.
POLAND: US developer Invenergy has filed its lawsuit against the Polish government with a UN commercial law body in its ongoing dispute over cancelled power purchase agreements.
UNITED STATES: German multi-brand service provider Deutsche Windtechnik has opened a business unit in the "healthy" US market.
FRANCE: Canadian developer Boralex has agreed to acquire the outstanding shares of an investment firm with a 163MW operational portfolio.
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.
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.
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.
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
FRANCE: French utility EDF's next generation of nuclear reactors will work in cooperation with renewables, rather than as rivals, to drive down fossil-fuel generation.