Argentinian power-equipment group Impsa is hunting a new majority-owner for its Brazilian subsidiary Wind Power Energy (WPE) to underpin restructuring of R$3.2bn ($1.1bn) of debts and stay afloat in the country's fast-growing wind market, Recharge has learned.
24 April 2015 12:25 GMT
For some supporters of wind energy, the very idea of a floating turbine being used to help bring out oil from offshore fields may seem like arming the enemy — putting off the day when clean energy finally takes over from fossil fuels.
06 March 2015 08:43 GMT
Lorry Wagner never hesitated. To get America’s first freshwater offshore wind farm afloat, the president of the Lake Erie Economic Development Corporation (LEEDCo) turned to Europe for help with critical engineering and technical expertise, and financing.
05 March 2015 03:41 GMT
Amid the desolate, empty vastness of Abu Dhabi’s windswept Al Gharbia region, surrounded by rolling, whitish-orange sand dunes, lies an oddly beautiful conglomeration of pipes, generators, industrial fans and parabolic troughs laid out in rows with mathematical precision.
05 March 2015 08:47 GMT
The shock announcement in December that E.ON, one of Europe’s most polluting utilities, will convert itself into a renewables business has raised many questions about how the new entity will operate, and whether it will have the cash to succeed
03 March 2015 09:05 GMT
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