New & Noteworthy – Page 3

Joint Industry Project To Improve Site Assessment Of Offshore Wind Farms

Posted by Betsy Lillian on May 16, 2017

DNV GL is inviting stakeholders to a joint industry project (JIP) aimed at improving the collection and assessment of data at offshore wind farms. With a goal of increasing the efficiency of collecting data on site conditions, the new JIP [Read More]

EDF EN Acquiring Stake In Onshore Wind Company Futuren

Posted by Betsy Lillian on May 15, 2017

EDF Energies Nouvelles (EDF EN) has reached a full and final agreement with the controlling shareholders of onshore wind company Futuren to purchase a 67.2% stake. The deal remains subject to the approval of the Bundeskartellamt, the German competition authority, [Read More]

Nordex: First-Quarter Results ‘In Line’ With Expectations

Posted by Amanda Fava on May 11, 2017

The Nordex Group has reported sales and earnings that were in line with guidance during the first quarter ended March 31. Nordex reported a modest 2% sales increase to EUR 648.4 million compared with EUR 637 million in the first quarter [Read More]

Gamesa – Pre-Siemens – Posts Strong Sales, Earnings 

Posted by Amanda Fava on May 11, 2017

Gamesa registered strong revenue and profitability in the January-March period, shortly before the April 3 merger with Siemens Wind Power, the turbine maker reports. In the first quarter ended March 31, Gamesa’s net profit grew 39% more than in the year-ago [Read More]

Maine Bill Seeking To Move Floating Wind Turbines Dies

Posted by Amanda Fava on May 11, 2017

On May 9, a legislative committee in Maine voted unanimously to deny a bill aimed at forcing the University of Maine to move a pair of demonstration floating wind turbines farther from the coast of Monhegan Island. The bill, introduced [Read More]

Technostrobe Claims Success After Trial Period

Posted by Amanda Fava on May 10, 2017

The TechnoCentre eolien has successfully tested the LIDS solution, developed by Technostrobe, on its research site.

Timken Co. Acquires AeroTorque

Posted by Amanda Fava on May 10, 2017

North Canton, Ohio-based Timken Co. has acquired AeroTorque Corp., a U.S. manufacturing and engineering firm for torque damping products and torque monitoring for wind turbines. Terms of the deal were not disclosed. According to AeroTorque, the deal includes the assets [Read More]

Renewable NRG Systems Sold

Posted by Amanda Fava on May 10, 2017

Hinesburg, Vt.-based Renewable NRG Systems has been sold to St. Louis conglomerate ESCO Technologies. The terms of the transaction were not disclosed. A manufacturer of filtration and fluid control products for the aviation, space and process markets, ESCO says it [Read More]

MAKE: Record-Low Prices For Renewables Indicate Global Cost-Competitiveness

Posted by Amanda Fava on May 09, 2017

The global renewable energy industry has grown significantly since 2010, enabling widespread achievement of cost reductions and lowering the levelized cost of electricity (LCOE) for renewable technologies, according to new research from MAKE Consulting. Although regional variability in LCOE for [Read More]

RES Sells IdentiFlight LLC Assets To Boulder Imaging Affiliate

Posted by Amanda Fava on May 09, 2017

Renewable Energy Systems (RES) has sold the assets of IdentiFlight LLC to IdentiFlight International LLC. IdentiFlight International is jointly owned by Boulder Imaging, a Colorado-based expert in machine vision solutions, and certain private investors affiliated with the company. According to [Read More]