Managing director Nicole-Fritsch Nehring will step down from her post as managing director at Enercon at the end of October and leave the German turbine manufacturer at the end of the year “to take up a new professional challenge,” Enercon said in a note to Recharge.
21 October 2016 08:01 GMT
European policymakers must put in place industry-changing measures to overhaul continental electricity markets or face the possibility of curtailing renewable energy output and driving up CO2 emissions by 10%, a new EU-funded study has found.
20 October 2016 02:34 GMT
E.ON has secured an off-take agreement with US healthcare-products giant Johnson & Johnson for half the output from its 200MW Colbeck’s Corner wind farm in Texas, as the German energy group intensifies its focus on the US market.
20 October 2016 01:33 GMT
Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
Britain’s National Audit Office (NAO) has sharply criticised the former Department of Energy and Climate Change for allowing the Levy Control Framework (LCF) cap to be exceeded, mainly due to excessively high offshore wind costs.
18 October 2016 04:04 GMT
Wind power is gearing up to be the main engine for the global power sector's growth, with expectations it will supply as much as 20% of world's electricity by 2030, according to the latest forecast from the Global Wind Energy Council (GWEC).
18 October 2016 06:08 GMT
The levy German power consumers pay on their electricity bills to finance the build-up of renewables (EEG surcharge) next year will jump by 8.3% to €0.0688 ($0.0758) per kilowatt hour of electricity consumed, re-igniting a heated debate on the cost of the country’s energy transition.
14 October 2016 10:31 GMT
Aquila Capital has bought the close to 148MW Lehtirova wind project in northern Sweden from local developer OX2 that will supply a large part of its energy output to a unit of internet giant Google under a long-term power purchase agreement.
14 October 2016 09:18 GMT
To avoid grid congestion, Germany’s government may limit the expansion of onshore wind to 902MW a year in the windiest regions of the country, according to a draft for a regulatory decree for the federal grid agency BNetzA seen by Recharge.
13 October 2016 02:38 GMT
Turbine OEM customers of LM Wind Power could suffer in the medium-term following the blade-maker’s purchase by GE, according to financial analysts at Macquarie who added that Vestas could be set to benefit by being aloof from the situation.
13 October 2016 12:29 GMT
GE has finally taken the step to buy the dominant independent supplier to the industry, LM Wind Power, from its UK private equity owners, after following a range of different strategies for blade design and supply over the last decade or so.
13 October 2016 11:14 GMT
Japanese developer Eurus Energy is expanding its presence in Europe with the purchase of 27.5MW in wind capacity in Finland from Dutch investor Maas Capital Renewables, a unit of ABN Amro bank, and Dutch developer Yard Energy.
13 October 2016 09:33 GMT
A route to market should be provided for onshore wind and solar as the cheapest forms of low-carbon electricity generation, according to a new report from UK government advisory body the Committee on Climate Change (CCC) that adds to the debate raging over British energy policy after its Brexit vote.
13 October 2016 07:32 GMT
To protect your subscription investment, we've instituted a security system to protect against the electronic redistribution of copyrighted Rechargenews content. Read more