Ming Yang CEO Zhang Chuanwei surprised investors this week when he announced tentative plans to take the Chinese wind turbine manufacturer private, with a non-binding offer of $2.51 per American depository share (ADS).
04 November 2015 09:59 GMT
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.
29 September 2015 07:43 GMT
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
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