India’s solar power tenders will see upward pressure from the ultra-low prices lodged by some early bidders, predicted the CEO of one of the country’s leading PV manufacturers, who also revealed that policy talks are underway to support retrofitting of modules at Indian wind farms.
21 April 2016 12:56 GMT
The CEO of turbine group MHI Vestas has hailed his company’s role in bringing competition to the offshore wind market at a key stage of its evolution, and said he expects to see more consolidation in a sector that makes huge financial demands on its participants.
06 April 2016 01:24 GMT
With the initial jubilation from the late-2015 US tax-credits extensions now fading, several important aspects of the deal are coming into sharper focus. Among them is this reality: while wind got a great deal, solar got an even better one.
07 March 2016 02:50 GMT
When Vestas unveiled the 7MW V164 in 2011, turbines of this size were thought to be on the far limits of the sector’s engineering capabilities — with rotor blades outstretching the wingspans of jetliners and drivetrains facing torque that would defeat the mightiest industrial rock crushers.
07 March 2016 08:33 GMT
All is not well in Brazil. The economy has shrunk dramatically amid an ongoing political scandal, unemployment has soared, inflation has shot up, while the local currency, the real, has lost 35% of its value in the past 12 months.
05 February 2016 02:04 GMT
Throughout its 25-year history, First Solar, the largest US PV manufacturer, has always had plenty of things going for it. The efficiency of its thin-film modules, however, was never one of them. How times have changed.
04 February 2016 03:03 GMT
Mexico is set to become a major player in the global renewables industry following the conclusion of its three-year energy reform in December, which has removed the state’s near monopoly on power production, embraced foreign investment and set ambitious long-term green-energy targets.
02 February 2016 02:05 GMT
The European wind-power industry’s Olympian effort to scale up its offshore turbines towards 10MW has driven down the levelised cost of energy (LCoE) to the point where the targeted £100 ($143) per MWh is now squarely in the cross-hairs.
02 February 2016 09:55 GMT
The first stage of the world’s largest wind farm — 1.5GW of an eventual 3GW — is expected to get the go-ahead from the US government this year, together with approval for an unprecedented 725-mile (1,166km) direct-current transmission line to specifically carry its power from Wyoming to California.
12 January 2016 03:36 GMT
Industry players will be keeping a close eye on Nordex chief executive Lars Bondo Krogsgaard this year as he implements arguably the most significant wind-sector merger of the past decade — his company’s €785m ($833m) takeover of Spanish turbine maker Acciona Windpower (AWP).
11 January 2016 12:12 GMT
It is a surreal sight. The deep blue lake stretches as far as the eye can see, yet is higher than the patchwork farmland around it. In the barely bobbing waves, close to the water’s edge, stands a row of wind turbines that seem to mirror the even larger turbines lining the shore.
11 January 2016 12:02 GMT
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