German PV inverter maker SMA Solar Technology has signed a €100m ($114.9m) loan agreement with three German banks in order to profit from a current consolidation in the solar sector and gain more room for manoeuvre in the service business.
02 May 2016 10:33 GMT
Vestas did not sacrifice its standard profit margin requirements to supply turbines to the 1GW Fosen Vind, said CEO Anders Runevad, who explained turbine technology was among a range of factors aligning to make Europe's largest onshore wind project viable.
29 April 2016 06:12 GMT
Enercon may cut investment in 2017 and 2018, depending on policy decisions, amid fears that Germany's planned change to tenders will cause a dramatic shrinking of the onshore wind market, says managing director Hans-Dieter Kettwig.
29 April 2016 11:17 GMT
European wind O&M market growth will continue to outpace new-build installations as developers sweat existing assets, but spending on wind farm upkeep is expected to slow slightly in the next two years, according to a survey by Recharge and MAKE Consulting.
29 April 2016 06:39 GMT
Siemens was the leading wind turbine OEM in the US market during the first quarter with 306MW of new generation capacity, while Vestas and General Electric dominate for projects under construction for the balance of this year and beyond, the American Wind Energy Association (AWEA) reports.
28 April 2016 05:52 GMT
Enercon managing director Hans-Dieter Kettwig admits that the German wind turbine manufacturer missed its 4GW-plus installation target for 2015 by a large margin due to a lull in Germany that also resulted in lower revenue, but says the company will reach that “magic threshold" this year.
28 April 2016 04:58 GMT
The European Commission's (EC) director for renewable energy has expressed “cautious optimism” that a political agreement allowing an integrated North Sea offshore grid to move ahead will be signed in early June at a European Energy Council meeting in Luxembourg.
28 April 2016 08:04 GMT
Oil and gas are on the way to being yesterday’s fuels as far as Dong Energy is concerned, but the company’s future is still all about exploration and production – only now the hunt is on for new offshore wind resources to tap into.
27 April 2016 12:25 GMT
The Fraunhofer IWES institute has opened the BladeMaker demonstration centre, a development platform for rotor blades that aims at cutting costs of wind turbine blades by at least 10% through more efficient production processes, the use of innovative materials and increased automation.
27 April 2016 09:59 GMT
Germany-based wind turbine manufacturer Senvion is opening an office in Tokyo to service the local wind market and has won an order for a small wind farm with turbines that already comply with what it calls “rigorous new construction standards introduced by the Japanese government last year”.
26 April 2016 02:02 GMT
The German wind power association BWE is demanding a faster expansion of renewables to fuel electronic vehicles as the government in Berlin is mulling billions in incentives to prop up sluggish e-car sales in the country.
26 April 2016 01:49 GMT
To protect your subscription investment, we've instituted a security system to protect against the electronic redistribution of copyrighted Rechargenews content. Read more