Brazil will have to invest heavily in the development of renewable technology to reach its goal to supply 23% from non-hydroelectric sources by 2030, said local commentators who nevertheless declared the target feasible and welcomed the ambition it represents.
14 September 2015 01:23 GMT
The impending addition of Alstom's energy assets to the GE empire includes offshore wind, thanks largely to the French company's fledgling operation in the sector that is slated for incorporation into a joint venture between the two.
11 September 2015 08:43 GMT
The merger of the onshore wind turbine businesses in Brazil of France's Alstom and the US's GE will have to adapt to different technical and industrial strategies, as the South American nation’s market matures from being price-driven to one focused on O&M and turbine efficiency.
09 September 2015 03:57 GMT
Wind has rather been at the margins of the drawn-out offer by GE for the power assets of Alstom, which leaped its biggest hurdle today when the European Commission finally gave its blessing to the €12bn ($13.4bn) acquisition.
08 September 2015 03:31 GMT
The final reel will soon roll on GE’s planned €12bn ($13.2bn) purchase of the power assets of Alstom – the epic that opened as summer 2014’s corporate blockbuster but is still running at a financial data screen near you more than a year later.
29 July 2015 12:39 GMT
UK Prime Minister David Cameron’s insistence his Conservatives have provided Britain's “ greenest government ever” will have a particularly hollow ring for the wind and solar sectors after a week in which his ministers seem to have cut back on renewables support wherever they can.
24 July 2015 02:17 GMT
Europe is leading the world in developing its vast offshore wind resource, but building the transmission network to bring power to shore is proving a slow-rolling process, with EU's 28 leaders only signing up earlier this year to a package of policies that include taking "urgent measures" to reach a minimum interconnection target of 10% of total generation capacity by the end of the decade and 15% by 2030.
20 July 2015 01:08 GMT
France – which has yet to install a single turbine off its coastline – nonetheless has great expectations for its floating wind power sector, with no fewer than three pioneering concepts now making their way towards tow-out as the country prepares to launch a tender for the technology.
09 July 2015 10:34 GMT
US President Barack Obama and Brazilian President Dilma Rousseff committed their countries to sourcing 20% of their electricity from non-hydro renewables by 2030, in a landmark agreement between two big emitters seen as central to global efforts to fight climate change.
30 June 2015 06:28 GMT
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