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Insurance little help for coronavirus-hit wind sector
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.
EDPR reports jump in 2019 profits
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.
Key Suzlon lender accepts restructuring plan
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.
News and Analysis
Google parent drops kite-power pioneer Makani
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.
Vestas leads the pack with squeezed market share
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.
Coronavirus 'jeopardises 2020 Chinese installations'
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.
Norwegian oil and gas investor forms renewables group
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 on the brink as debts mount
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.
In Depth
Turbine of the Year 2019 - 3.5MW+: Vestas EnVentus
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.
Windpower Monthly review of 2019 -- part 2
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.
Windpower Monthly review of 2019 -- part 1
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.
OEMs face the abyss in Germany
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.
Challenges remain for rapid US offshore buildout
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.
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