Revenue increased in the first three months of the year by 6% year-on-year, to €2,262m, driven by the Offshore business and by Service. Wind turbine volume increased by 7%, to 2,129 MWe, due to the strong contribution by the offshore segment, which sold 609 MWe (+76% YoY). EBIT before PPA and integration and restructuring costs(1) … Continue reading Siemens Gamesa reports €18m net profit in the first quarter, with revenue up 6% to €2,262m
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Suzlon well positioned to capitalise on volume growth
Suzlon Group, India’s largest renewable energy solutions provider, announced its 9 M FY19 results. J P Chalasani, Group CEO, said, “We continue to strengthen our position in the Indian wind industry with 2 orders totalling ~328 MW won from Adani Green Energy under auctions. We are on track with the execution of our order book … Continue reading Suzlon well positioned to capitalise on volume growth
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Vestas Annual report 2018
For full year 2018, revenue amounted to EUR 10.1bn, the EBIT margin before special items was 9.5 percent, total investments* were EUR 603m, and free cash flow* amounted to EUR 418m – in line with the expectations to revenue of EUR 10.0bn-10.5bn, an EBIT margin before special items of 9.5-10.5 percent, total investments* of approx. … Continue reading Vestas Annual report 2018
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Wall Street Journal ed board misses the mark on wind energy
Two is 0.0035 percent of 56,000. And yet the Wall Street Journal decided to characterize an entire industry with a sample size that small—two turbines out of the 56,000 operating in the U.S today. The Journal’s editorial board recently commented on two wind turbines in Falmouth, Mass. and based off these turbines concluded wind isn’t … Continue reading Wall Street Journal ed board misses the mark on wind energy
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European offshore wind energy capacity grew by 18% in 2018
Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released today by WindEurope. That’s an 18% increase in Europe’s offshore wind capacity. 15 new offshore wind farms came on line. The UK and Germany accounted for 85% of the new wind power capacity: 1.3 GW and 969 MW respectively. … Continue reading European offshore wind energy capacity grew by 18% in 2018
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Wind energy in Brazil: Enel Green Power starts construction of South America’s largest wind farm
The Lagoa dos Ventos wind energy facility is comprised of 230 wind turbines and, once fully up and running, will be able to generate over 3.3 TWh per year while avoiding the emission of over 1.6 million tons of CO2 into the atmosphere. The 716 MW Lagoa dos Ventos wind power facility, located in Piauí, … Continue reading Wind energy in Brazil: Enel Green Power starts construction of South America’s largest wind farm
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Belgian energy and climate plan proposes renewables target of 18.3% by 2030
On 5 February WindEurope attended a workshop in the Federal Parliament of Belgium on the draft of the Belgian National Energy and Climate Plan (NECP). EUFORES (the European Forum for Renewable Energy Sources) organised the workshop in cooperation with the federal parliament of Belgium. This is part of a larger series of workshops in national … Continue reading Belgian energy and climate plan proposes renewables target of 18.3% by 2030
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Iberdrola and Nike go global with new wind energy partnership
The new agreement will see Nike facilities in Europe supplied by 40 MW of clean electricity from the Cavar wind farm complex in Navarra, northern Spain. Iberdrola, the world´s leading wind power company, will soon start construction on the complex which will see four wind turbines projects completed by 2020 with an overall capacity of … Continue reading Iberdrola and Nike go global with new wind energy partnership
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Spain was the first European country on Sunday with greater coverage of electricity demand thanks to wind energy
The wind power production of February 3 in Spain generated 220 GWh, which caused the wind turbines to cover 33% of the electricity demand of Spain and that we were the first European country with greater coverage, followed by Austria with 26%. The wind farm production of last week reached high coverage of the electricity … Continue reading Spain was the first European country on Sunday with greater coverage of electricity demand thanks to wind energy
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France launches its first offshore wind power project
LOC Renewables supplies MWS work to Floatgen, France’s first offshore wind farm – and its first full-scale floating wind turbine. The Paris office of LOC Renewables, a part of LOC Group, the leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind turbine. LOC Renewables supplied marine warranty … Continue reading France launches its first offshore wind power project
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Tri Global Energy Retains Top Spot in Texas Wind Energy
Tri Global Energy (TGE), a leading U.S. originator and developer of utility-scale wind energy projects, ended 2018 as it has for the past five years – the clear wind development leader in Texas, outpacing the nearest competitor in Texas by more than six times the number of megawatts either under construction or in advanced development. … Continue reading Tri Global Energy Retains Top Spot in Texas Wind Energy
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Equinor awards assembly site contract for Hywind Tampen
Gulen Industrial Harbour in Sogn og Fjordane county has been awarded the contract for assembly site for the floating Hywind Tampen wind turbines before they are transported to the field in the North Sea. No work will commence prior to an investment decision for Hywind Tampen. Hywind Tampen could become the world’s first project to … Continue reading Equinor awards assembly site contract for Hywind Tampen
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Americas install 11.9 GW wind energy capacity in 2018 – increase by 12%
The latest data released by the Global Wind Energy Council (GWEC) shows North, Central and South America has installed 11.9 GW capacity of wind power in 2018, an increase of 12% on last year. In North America (Canada and USA) new capacity additions grew by 10.8% compared to 2017. In Latin America new capacity additions … Continue reading Americas install 11.9 GW wind energy capacity in 2018 – increase by 12%
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EDF Renewables and SITAC Group sign power purchase agree-ment covering 300 MW of wind energy project in India
EDF Renewables in India and its partner for wind energy in India, the SITAC Group today announce the signing of a long-term power purchase agreement covering the output of 300 MW of wind power project recently awarded by the Indian government. This power purchase agreement (PPA) was the outcome of a competitive tender process launched … Continue reading EDF Renewables and SITAC Group sign power purchase agree-ment covering 300 MW of wind energy project in India
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Kosovo Attracts €169 Million Direct Investment in Wind Farm
SOWI Kosovo, a German-Kosovo joint venture, plans to invest EUR 169 million to install 30 wind turbines in the northern municipality of Mitrovica. This will be the largest direct investment in the city. The wind farm’s total capacity is expected to be 105 megawatts. Kosovo Prime Minister Ramush Haradinaj said the government was reviewing the … Continue reading Kosovo Attracts €169 Million Direct Investment in Wind Farm
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Siemens Gamesa and Inox Wind Power Orders in India
India has auctioned 9.5 GW of wind energy capacity in the last one and a half years. Since the inception of reverse bidding in India’s wind sector back in February 2017, approximately 10 GW of wind power projects have been auctioned in the country. And of late, these turbine manufacturers and suppliers are booking large … Continue reading Siemens Gamesa and Inox Wind Power Orders in India
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Brown University looks to offset electric usage with solar, wind power
Brown University has finalized agreements with two developers that will produce enough wind and solar power to offset all the electricity usage on the Ivy League campus. The Providence Journal reports that the projects being developed in Rhode Island and Texas would more than fulfill the university’s commitment to slash on-campus greenhouse gas emissions by … Continue reading Brown University looks to offset electric usage with solar, wind power
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Greencoat acquires stake in the Stronelairg and Dunmaglass wind farms
Greencoat UK Wind PLC (the “Company”, or “UKW”) has entered into agreements to acquire 49.9% stakes in the Stronelairg and Dunmaglass wind farms from SSE, in partnership with a major UK pension fund whose investment is managed by Greencoat Capital. UKW will acquire a net 35.5% stake in the wind farms for a consideration of … Continue reading Greencoat acquires stake in the Stronelairg and Dunmaglass wind farms
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EDP Renewables signs a Build & Transfer agreement for a 102MW wind farm project
EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its fully owned subsidiary EDP Renewables North America LLC, has signed a Build & Transfer Agreement with Northern Indiana Public Service Company LLC (“NIPSCO”). The agreement enables the development and construction of EDPR’s … Continue reading EDP Renewables signs a Build & Transfer agreement for a 102MW wind farm project
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Zambia looks towards renewable energy
Zambian Minister of National Development Planning Alexander Chiteme has appealed to the Climate Investment Funds (CIFs) for backing as it expands towards investment in renewable energy, Lusaka Times reported. “Renewable energy is very important to Zambia’s development and the CIFs’ outstanding works in promotion of initiatives are aimed at combating climate change and expansion of … Continue reading Zambia looks towards renewable energy
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