IEA: Corona crisis threatens to derail renewables growth
2020 was forecasted to be a record year for the renewables industry but without government action, the corona crisis could considerably disrupt its momentum, warns the International Energy Agency (IEA). In Europe, wind turbine manufacturers...Read more
Siemens Gamesa wins new turbine order for Vietnamese project
PRESS RELEASE – Siemens Gamesa has been awarded a new wind turbine order for the Hoa Thang 1.2 wind farm in Taiwan. The manufacturer will supply 25 4.5 MW turbines for the project, supplying 240,000...Read more
Siemens Gamesa: “We will maintain manufacturing and installation operations”
While the coronavirus is reaping havoc and the oil price plunged below 30 dollars, Siemens Gamesa has provided a shred of good news in an otherwise disastrous week: the wind turbine manufacturer will be able...Read more
DHL axes jobs following Vestas’ logistics deal with DSV Panalpina
DHL Freight has laid off employees in Denmark following Vestas’ exclusive deal with DSV Panalpina to execute and manage all of the manufacturer’s general freight and special project transportation. Danish media report that about 10 of...Read more
Siemens Gamesa reaches EUR 1.72 billion in green financing
PRESS RELEASE – Siemens Gamesa Renewable Energy is moving forward in its strategy of making sustainability a key element of all aspects of its business, including its funding strategy. Siemens Gamesa recently extended a guarantee line...Read more
Western turbine manufacturers increase grip on wind market
Consolidation among wind turbine manufacturers is set to intensify. Wood Mackenzie expects the top five global turbine OEM’s will control three-quarters of the market by 2028. Western manufacturers will become even more dominant, although Chinese...Read more
DHL signs wind contracts with three Chinese manufacturers
DHL Global Forwarding has signed three contracts with Chinese wind turbine manufacturers to ship components like blades, towers and nacelles to project sites across the world. The contracts have an accumulated weight of more than...Read more
KenzFigee signs first contract for GenHook up-tower crane
PRESS RELEASE – KenzFigee has received the first order for delivery of its new GenHook LT up-tower crane, which is designed to lift wind turbine parts at sea. The contract was awarded by Duke Energy...Read more
Siemens Gamesa won’t rush bigger turbines to market, says CEO
Siemens Gamesa will not be rushing bigger wind turbines to market following GE’s release of the 12MW Haliade-X. Instead, the company will focus on improving its position amidst a period of rapid consolidation that will...Read more
Green light for new wind farm in Sweden
PRESS RELEASE – Swiss energy company Fu-Gen has partnered with British asset manager Abraxas Capital Management to construct a wind farm outside Skellefteå for a total investment of EUR 56 million. The cooperation between the parties...Read more
Siemens Gamesa to buy onshore wind business of insolvent Senvion
Siemens Gamesa will acquire the European onshore wind service business from Hamburg-based wind turbine manufacturer Senvion, which filed for insolvency earlier this year. The purchase agreement has a value of EUR 200 million and includes...Read moreAsia to become dominant market for wind energy, new study shows
PRESS RELEASE – Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt in 2018 to over 2600 GW by 2050, a new report by the International Renewable Energy Agency (IRENA)...Read more