Business & FINANCE

RSS feed

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

Nordex sees waning pandemic impact but rising cost pressures

Nordex sees waning pandemic impact but rising cost pressures

Nordex CEO José Luis Blanco remains confident for 2021 despite a year-on-year fall in operating profit and orders in Q1 2021

GE and Toshiba to manufacture Haliade-X in Japan

GE and Toshiba to manufacture Haliade-X in Japan

The two technology giants team up to produce and commercialise the 12-14MW Haliade-X as Japan’s offshore wind sector prepares for launch

Vestas vows to bounce back from Q1 losses after slow start

Vestas vows to bounce back from Q1 losses after slow start

CEO Henrik Andersen is confident the company will catch up on new orders, with the OEM maintaining its financial guidance for 2021

News and Analysis

Siemens Gamesa earnings up in Q2, but onshore still struggling

The German-Spanish manufacturer reports an "encouraging" quarter due to the strength of its offshore and services business units

RWE names new executive board to lead energy transition

German energy firm appoints leadership trio, with incoming CEO aiming to turn it into a “leading global player in renewable energies”

How Ørsted plans to solve offshore wind cable challenge

Danish developer reports erosion and risk of cable failures due to cable protection system that was previously the “industry standard”

Total buys into Taiwanese offshore wind sector

Deal to purchase 23% stake in Wpd’s 640MW Yunlin project marks oil major’s entry in the Asian offshore wind market

Ørsted’s profits down in first quarter despite higher revenues

Offshore maintenance provisions and lower wind speeds than last year pushed down Danish developer's profits in the first quarter of 2021

In Depth

Which developers are showing the way in offshore wind?

The final part of our market status report reflects on the offshore sector's rapid progress so far and the road ahead

Looking back on 2020 – Part 4: As people stay home, oil and gas majors go green

Part four of our review of the year tracks growing interest in offshore wind and green hydrogen by fossil fuel giants, even if renewable energy investments still only account for a fraction of their investments

Looking back on 2020 – Part 3: Turbine ratings and rotor sizes continue to go up

Even in a difficult year, manufacturers continued to launch new technology, with competition intensifying in the offshore and low-wind segments. Find out more in part three of Windpower Monthly's round-up

Looking back on 2020 – Part 2: Losses mount as Covid adds to sector’s woes

The second part of our review of the year looks at how the industry's major players fared as lockdowns caused some delays in installations and quite a few CEOs were waved off

Looking back on 2020 – How wind defied global pandemic

The Covid-19 crisis cast a big shadow over the wind industry, yet the sector proved its resilience, as part 1 of our 2020 round-up shows