German energy minister Sigmar Gabriel after protests from utilities and trade unions has watered down a plan to introduce a levy on heavy-polluting fossil power plants to avoid the shutdown of large parts of the coal-fired generation fleet.
26 May 2015 03:29 GMT
A new study by the Hertie School of Governance into the construction of eight German offshore wind farms reveals cost overruns of on average 20% and time delays of 13 months per project, resulting in a cost increase for consumers of more than €1.5bn ($1.68bn).
22 May 2015 11:35 GMT
MHI Vestas is encouraged by the US government’s strategy to develop an offshore wind industry, but would need to see “critical scale” between one and two gigawatts of annual new build to consider investing in a manufacturing plant there, says Uffe Vinter-Schou, chief sales officer at the company.
21 May 2015 02:27 GMT
Nordex chief executive Jürgen Zeschky will leave the company at the end of this month, the German wind turbine manufacturer said in an unexpected note to stock markets, simultaneously announcing that a new management structure will be established.
21 May 2015 08:53 GMT
Denmark’s Dong Energy said its Burbo Bank Extension development became the first UK offshore wind project to reach a key milestone under Britain’s new contracts for difference (CfD) support mechanism, keeping it on track for a 2017 commissioning.
14 May 2015 09:55 GMT
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