On the basis of its provisional consolidated financial statements for 2016, the Nordex Group has reported that it achieved its targets. Specifically, sales climbed by 40% to EUR 3.4 billion, including sales of EUR 726 million contributed by its new [Read More]
A new tax proposed for existing projects could make wind developers think twice before making big capital investments in the state.
A new study from Bat Conversation International claims that wind turbines may be threatening the survival of one of North America’s most widespread migratory bats, the hoary bat. According to the nonprofit group’s study, published in Biological Conservation, the hoary [Read More]
In a changing policy environment, some mature markets for wind energy growth have plateaued, and others are experiencing or preparing for further expansion, according to a new report from Navigant Research. The report examines the strengths and weaknesses of policies [Read More]
The U.S. Department of Energy (DOE) is requesting public input regarding the environmental assessment (EA) the agency will conduct for the New England Aqua Ventus I project, an offshore wind demonstration to be built off the coast of Maine. According [Read More]
Gamesa is reporting EUR 301 million in net profit for 2016 – representing a 77% year-on-year increase. The Spanish wind turbine manufacturer attributes the growth to higher sales and rising profitability. Specifically, the company concluded 2016 with a record order [Read More]
Salt Lake City-based FTP Power LLC (sPower) – a renewable energy owner, operator and developer – has been sold to AES Corp. and Alberta Investment Management Corp. (AIMCo). sPower, which was capitalized by Fir Tree Partners in 2014, owns and [Read More]
With a clear lead, Vestas has reclaimed the top spot in another annual ranking of onshore global wind turbine manufacturers, says Bloomberg New Energy Finance (BNEF). Following, respectively, were GE, Goldwind, Gamesa and Enercon. Likewise, FTI Consulting reported the same [Read More]
Denmark-headquartered LM Wind Power, a global manufacturer of wind turbine blades, is opening up a new factory in Normandy, France. The factory, dedicated to offshore wind power, will be built on a site developed by Ports Normands Associes (PNA), a [Read More]
As long as appropriate policies and transmission upgrades are established, New York can rely mostly on energy efficiency and wind and solar power to replace the Indian Point Energy Center, a new report says.