According to its provisional consolidated financial statements for 2012, sales of the Nordex Group (ISIN: DE000A0D6554) rose by 17.3 percent to EUR 1,075.3 million (previous year: EUR 916.8 million), thus matching the Management Board’s forecast. At EUR 14 million, earnings before interest, taxes and exceptionals were also in line with the Board’s expectations (previous year: … Continue reading Nordex: substantial increase in sales in 2012
Continue readingTag Archives: wind energy
Investing in wind energy makes absolute economic sense
Europe’s ageing power plants need replacing. It makes economic sense to replace a growing proportion of those conventional power plants with wind energy. This is because wind energy does the following: Creates jobs and economic growth in Europe. 238,000 people worked in EU wind energy in 2010. Reduces the cost of importing fossil fuels. … Continue reading Investing in wind energy makes absolute economic sense
Continue readingFrom financial crisis and austerity to the uncertainty crisis
The financial and economic crisis has provoked a wave of uncertainty across the European Union since 2010, with national Governments making damaging retroactive changes to policies and regulations for wind energy. This political uncertainty is deterring financiers and investors and has already caused job losses and negative financial result announcements. The European wind industry is … Continue reading From financial crisis and austerity to the uncertainty crisis
Continue readingCompetitive, non-subsidized renewables could be a big win for society, and a big loss for utilities
Every new solar panel installed on European rooftops chips away at power utilities’ centralized production model. Unless they reinvent themselves soon, these giants risk becoming the dinosaurs of the energy market. The industry faces drastic change as renewable energy turns consumers into producers and hollows out the dominance of utilities. With their stocks at decade … Continue reading Competitive, non-subsidized renewables could be a big win for society, and a big loss for utilities
Continue readingGovt incentive will fuel wind energy sector: Gamesa India head
Indian operations of Spanish wind turbine maker Gamesa hopes to 900 MW capacity in wind power this year. Renewal of generation based incentive to wind farm developers will lead to additional capacity of 6,000MW by financial year 2015, Ramesh Kymal, chairman of Wind Turbine Manufacturers Association said here today. Kymal heads the Indian operations of … Continue reading Govt incentive will fuel wind energy sector: Gamesa India head
Continue readingJapan wants big offshore wind power expansion
Environment Minister Nobuteru Ishihara said Saturday he wants to aggressively promote power generation using windmills at sea, a form of alternative energy use still in its infancy in Japan. “I would like to have wind power generation capacity rise to over 1 million kilowatts in 2020,” which would be about 40 times more than the … Continue reading Japan wants big offshore wind power expansion
Continue readingMaryland Senate passes wind energy bill
Maryland’s Senate approved Gov. Martin O’Malley’s wind energy bill on Friday, setting up the state to become the second to approve an offshore wind farm. The Democrat-controlled Senate approved the measure 30-15 after repeated failed attempts by Republicans to water down the bill with amendments. It now goes back to the House, which passed it … Continue reading Maryland Senate passes wind energy bill
Continue readingWindFacts.ca opens new channel on wind energy dialogue with Canadians
Wind energy is one of the fastest growing major sources of new electricity around the world. In 2012, clean wind energy grew by nearly 20 per cent in Canada, representing over $2.5 billion in investment and creating 10,500 jobs. Canada’s current installed capacity is just over 6,500 MW, generating the equivalent electricity consumed by over … Continue reading WindFacts.ca opens new channel on wind energy dialogue with Canadians
Continue readingVirginia Company Adds to Major Wind Energy Investment
Virginia-based Apex Wind Energy Inc. has purchased an additional 44,000 acre northeast Indiana wind farm from Missouri-based Wind Capital Group LLC. The company is planning a two-phase project that could generate up to 300 MW of wind power. A company spokesperson tells Inside INdiana Business he expects investment in the combined Wells County Wind Farm … Continue reading Virginia Company Adds to Major Wind Energy Investment
Continue readingIMPSA Signs US$ 238 M Contract for the Construction of the Chu
The wind farm will be the first to have wind turbines manufactured at IMPSA’s new production centerin Rio Grande do Sul, Brazil. IMPSA has signed a new contract with Chuí Holding S.A. –formed by Eletrosul (49%) and the Rio Bravo Fundo de Investimento em Participação (51%)– by which both companies will be building six wind … Continue reading IMPSA Signs US$ 238 M Contract for the Construction of the Chu
Continue readingAmerican wind energy goes back to business, creating U.S. jobs
The U.S. wind power industry is seeing stepped-up hiring and new investment in 2013, following the industry’s strongest year ever. In 2012, wind energy for the first time became the number one source of new U.S. electric power generation, providing some 42 percent of all new generating capacity. Projects that are helping strengthen the … Continue reading American wind energy goes back to business, creating U.S. jobs
Continue readingAlpine wind farm lights up mountainous region in winter
Erich Enikl works in the Moschkogel alpine wind farm in Styria, Austria in turbine maintenance. Today, as part of the Global Wind Day “wind energy stories” series, he tells us about his passion for wind energy. When did you first become passionate about wind energy? My first encounter with a – very small – wind … Continue reading Alpine wind farm lights up mountainous region in winter
Continue readingOops, wind farm performance stays strong
There was quite a bit of ballyhoo around the anti-wind network a few weeks ago concerning a study funded by the misnamed Renewable Energy Foundation (a British anti-wind group). The study suggested there was an issue with wind turbine performance over time that would have a negative impact on wind energy’s economics. We cross-posted the … Continue reading Oops, wind farm performance stays strong
Continue readingCowessess First Nation’s wind energy project first of its kind
Construction of Cowessess First Nation´s wind farm, includes erection of an 800 kW Enercon E53 wind turbines connected to a lithium ion battery with 740 kWh of electrical storage. Construction of a wind power project – the first of its kind in North America – is underway on Cowessess First Nation land four-kilometres east of … Continue reading Cowessess First Nation’s wind energy project first of its kind
Continue readingE.ON
Plans for a giant wind farm off the coast near Brighton have taken an important step forward this week with confirmation developer E.ON has resubmitted its initial planning application for the project. The energy giant, which was granted the rights to the Hastings Round 3 offshore wind development zone back in 2010, withdrew its first … Continue reading E.ON
Continue readingNew Zealand Wind Energy Conference and Exhibition
New Zealands premier renewable energy industry event has a lineup of over 60 international and New Zealand speakers, including the head of the Global Wind Energy Association, Steve Sawyer, Australian energy expert Hugh Outhred, Jeffery Skeer from the International
Continue readingUSA target renewables
The United States are breeding ground for the development of green energy, due to the great amount of available natural resources and a favourable political context. Enel Green Power is already present here with over 1100 MW. With 88 plants online in the USA and more than 1100 MW of renewed installed capacity, Enel Green … Continue reading USA target renewables
Continue readingEurope needs a strong 2030 renewable energy target
The European Union could achieve 100% renewable energy by 2050 “at the latest” if ambitious renewable energy targets for 203o are agreed, WWF has said in a new report. By 2030 the EU could be generating more than 40% of its energy from renewable sources, said the report, Re-energising Europe: Putting the EU on Track … Continue reading Europe needs a strong 2030 renewable energy target
Continue readingAndrew Garrad new President of the European Wind Energy Association
The European Wind Energy Association (EWEA) has today elected Andrew Garrad as its new President. Garrad joined the wind energy industry in 1979 and was President and later Chairman of GL Garrad Hassan, the world’s largest independent renewable energy consultancy, with 1,000 employees in 27 countries devoted to renewable energy. Garrad built his first wind … Continue reading Andrew Garrad new President of the European Wind Energy Association
Continue readingAlstom enters Canadian wind energy market through an agreement with NaturEner
Alstom and NaturEner Energy Canada Inc. (“NaturEner”) have entered into an agreement for the supply of up to 414 MW of wind turbines to be installed at NaturEner’s Wild Rose Projects in Alberta. The agreement includes 138 ECO 110 3.0 MW wind turbines, and 10 years of maintenance services. This project, amounting to around €420 … Continue reading Alstom enters Canadian wind energy market through an agreement with NaturEner
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