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]
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]
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]
With a noteworthy project win, as well as product announcements, the turbine maker has been on a roll of sorts lately.
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]
Renewable Energy Systems (RES) and Goldwind Americas say that the 160 MW Rattlesnake Wind Project has received its notice to proceed on construction. The project was acquired by Goldwind from RES in May 2016. Rattlesnake Wind, located in McCulloch County, Texas, [Read More]
Following technical due diligence support from K2 Management and energy consultancy TNEI, independent power producer AES Tiete Energia acquired the 386 MW Alto Sertao II wind portfolio, located in Brazil, for $193 million. According to K2, the 230-turbine portfolio is [Read More]
While handling road and platform excavations for the Meikle Wind project in British Columbia, the developer discovered dinosaur tracks estimated to be nearly 100 million years old.
In a new report, renewables underwriter GCube emphasizes the long-term financial impact of wind-speed volatility on portfolio and project revenues.
Vestas has received a firm and unconditional order from an undisclosed U.S. customer for 150 V110-2.0 MW wind turbines. Vestas expects to deliver the turbines, totaling 300 MW, starting in the second quarter of this year. Additionally, the company expects [Read More]