EDF Energies Nouvelles has reached a full and final agreement with the controlling shareholders of FUTUREN (FTRN) to buy a 67.2% stake in the company. Unanimously supported by FUTUREN’s Board of Directors, this deal was reached following an initial competitive process, then on April 24th, the commencement of exclusive negotiations between EDF Energies Nouvelles and … Continue reading EDF Energies Nouvelles enters into a full agreement to acquire a majority stake in FUTUREN
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Mexico announces schedule for third power auction
Mexico has published a call for bids for the country’s third electrical power auction aimed at attracting new investment in renewables. The winners will sign long-term power purchase agreements (PPAs) for clean energy supply, the energy secretariat SENER and the state energy control centre CENACE said in a joint statement. Public and private companies and … Continue reading Mexico announces schedule for third power auction
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Sen to be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board
Michael Sen, member of the Managing Board of Siemens AG, will – additionally to his current duties – now be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board. Until recently, Sen was a member of the management team of Europe’s largest energy supplier and acquired extensive expertise in the management of listed equity … Continue reading Sen to be responsible for Siemens Gamesa Renewable Energy within Siemens’ Managing Board
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Nordex first quarter 2017 figures in line with budget
he Nordex Group (ISIN: DE000A0D6554) performed in line with its expectations in the first quarter of 2017. Sales amounted to EUR 648.4 million (Q1/2016: EUR 637 million). The service business rose substantially by 57 percent to EUR 74 million (Q1/2016: EUR 47.1 million). The proportion of sales generated in America, where the group has a … Continue reading Nordex first quarter 2017 figures in line with budget
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Vestas receives 15-year service contract for seven wind farms in Sweden
The seven wind farms were previously serviced in-house by Arise but with this new agreement Vestas takes over the full responsibility for servicing the 86 MW, underlining Vestas’ competitiveness in the Swedish service market and ability to optimise wind park performance and energy output. The service contract is a full-scope 15-year Active Output Management 5000 … Continue reading Vestas receives 15-year service contract for seven wind farms in Sweden
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Energy policy leader Amy Farrell to take helm of government and public affairs for wind energy industry
Tom Kiernan, CEO of the American Wind Energy Association (AWEA), today announced that Amy L. Farrell, a proven strategist and expert in energy, environmental and regulatory policy, has been named AWEA’s Senior Vice President for Government and Public Affairs. In this capacity, Farrell will oversee federal regulatory affairs, state policy, public affairs, and industry research. … Continue reading Energy policy leader Amy Farrell to take helm of government and public affairs for wind energy industry
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Gamesa registered record revenues and profitability prior to the merger with Siemens Wind Power
In the first quarter of 2017, prior to the merger with Siemens Wind Power, Gamesa obtained €100 million net profit, 39% more than in the year-ago quarter. These results were boosted by record quarterly revenues, amounting to €1,546 million, and profitability, with an underlying EBIT margin of 11.7%. The figures for the first quarter are … Continue reading Gamesa registered record revenues and profitability prior to the merger with Siemens Wind Power
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Senvion concludes five wind power orders in Belgium totaling 45 megawatts
Senvion, a leading global manufacturer of wind turbines, has won five contracts in Belgium totaling 45 megawatts (MW) for the Senvion 3.4M114, 3.0M122 and MM100 turbines. The five contracts are with a range of clients and consist of three projects located in the Walloon region and two in the Flanders region. Nivelles project, located in … Continue reading Senvion concludes five wind power orders in Belgium totaling 45 megawatts
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WindEurope tells gas industry how best to integrate variable renewables
WindEurope CEO Giles Dickson addressed the European gas industry at their annual “FLAME” event in Amsterdam today. He said the wind industry was working towards the long-term goal of 100% renewables but gas would have a role to play in the transition. On the role of gas in balancing wind, he said 5 things are … Continue reading WindEurope tells gas industry how best to integrate variable renewables
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GE Energy to provide 199.5 MW of wind power in China
GE Renewable Energy (NYSE: GE) today announced an agreement with HECIC to supply a total of 81 wind turbine units: 54 units of GE’s 2.75-120 wind turbines and another 27 units of GE’s 1.85-82.5 wind turbines, to be installed respectively at the Senjitu III & Qiansongba wind projects in the Fengning county of the Hebei … Continue reading GE Energy to provide 199.5 MW of wind power in China
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Goldwind to acquire 530MW Stockyard Hill wind farm in Australia
Chinese wind turbine manufacturer Goldwind has agreed to acquire the 530MW Stockyard Hill Wind Farm from Origin Energy for A$110m ($81.6m). The wind farm will be located in Victoria, Australia and as part of the deal, Origin Energy has agreed to purchase power produced from the wind farm until 2030, under a Power Purchase Agreement … Continue reading Goldwind to acquire 530MW Stockyard Hill wind farm in Australia
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Enel Starts Construction of New 298 MW Wind Project in The United States
Enel S.p.A. (“Enel”), through its subsidiary Enel Green Power North America, Inc. (“EGPNA”), has started construction of the Thunder Ranch wind farm in the United States which, once completed, will have a total installed capacity of 298 MW. The overall investment in the construction of Thunder Ranch amounts to approximately 435 million US dollars, which … Continue reading Enel Starts Construction of New 298 MW Wind Project in The United States
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Nebraska surpasses 1 GW of wind energy capacity
With the raising of a 400-megawatt wind farm in the state, Nebraska has sailed past 1,000 megawatts — or 1 gigawatt — of wind-generated capacity. The Lincoln Journal Star (http://bit.ly/2pJAinF ) reports Nebraska’s turbines provide over 1,300 megawatts of capacity with more on the way, looking to take advantage of the state’s largely untapped wind … Continue reading Nebraska surpasses 1 GW of wind energy capacity
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Siemens Gamesa names Markus Tacke as new CEO
The Board of Directors of Siemens Gamesa Renewable Energy, at a meeting held yesterday, unanimously appointed Markus Tacke as the company’s new Chief Executive Officer (CEO), following the recommendation of the Appointments and Remunerations Committee. The appointment takes effect immediately. Mr. Tacke succeeds Ignacio Martín, who in April announced to the Board his desire to … Continue reading Siemens Gamesa names Markus Tacke as new CEO
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Vattenfall’s Pen y Cymoedd Wind Energy Project is Wales’s largest onshore wind farm
Wales’s largest onshore wind farm started operating at full power for the first time late on Sunday (7 May, 2017), 38 months after construction started in the upper Rhondda, Cynon and Afan valleys. The 76-turbine Pen y Cymoedd Wind Energy Project is capable of meeting the electricity needs of more than 13% of households in … Continue reading Vattenfall’s Pen y Cymoedd Wind Energy Project is Wales’s largest onshore wind farm
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Goldwind to build the largest wind energy project in Australia
Xinjiang Goldwind (Goldwind) announced it has agreed to purchase the Stockyard Hill Wind Farm project in Victoria, Australia from Origin Energy for a price of AUD$110 million. Origin Energy has also agreed to purchase all the energy and renewable energy certificates produced by the project until 2030 under a power purchase agreement (PPA). The Stockayard … Continue reading Goldwind to build the largest wind energy project in Australia
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WindEurope discusses decarbonisation of transport with Members of European Parliament
The decarbonisation of transport and its integration into the electricity system is a cornerstone of the energy transition. But we have to ensure the power that is driving electro-mobility is clean. Today 29% of the electricity consumed in Europe comes from renewables, by 2030 this share is due to reach 50%. This means the acceleration … Continue reading WindEurope discusses decarbonisation of transport with Members of European Parliament
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Commission clears French support mechanism for small installations 2 minutes before midnight
On Friday 5 May, the European Commission approved France’s support mechanism for onshore wind plants of less than 6 turbines. France was a dynamic market in 2016 with 1,561 MW installed. But activity in 2017 was plagued by uncertainty around the onshore wind support mechanism which was under European Commission scrutiny. The Commission’s approval, clearing … Continue reading Commission clears French support mechanism for small installations 2 minutes before midnight
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Austrian winds of change
WindEurope seized the latest EUFORES parliamentary workshop in Vienna to advocate for more ambition on renewable energy. Member of European Parliament Claude Turmes (Greens – Luxembourg), Members of the Austrian Parliament, and stakeholders from the Austrian and European energy sector discussed opportunities and challenges of the European Energy Union. Austria has a renewable energy share … Continue reading Austrian winds of change
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India announces second round of wind energy auction
The Ministry of New and Renewable Energy (MNRE) has announced the launch of the second round of wind capacity auctions, for 1,000 MW. The announcement was done concurrently with the signing of Memoranda of Agreement between the public sector Power Trading Corporation and the electricity distribution companies (discoms) of Uttar Pradesh, Bihar, Jharkhand, Delhi, Assam … Continue reading India announces second round of wind energy auction
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