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  • China: Goldwind Announces Q3 Results

    29 October 2012
    Business & Finance

    Xinjiang Goldwind Science & Technology Co., Ltd. (“Goldwind”) has announced its financial results for the nine months ended 30 September 2012 (the “reporting period”). According to unaudited financial statements prepared in accordance with the People’s Republic of China accounting rules and standards, the Group generated revenues of RMB 5,946.28 million, net profits of RMB48.49 million,and […]

  • USA: Offshore Wind to Grow Sixfold by 2017

    17 August 2012
    R&D

    Wind power is the world’s leading source of renewable electricity, excluding hydropower, with 238,000 megawatts of capacity installed at the start of 2012. Thus far, almost all of this wind power has been tapped on land; worldwide just 4,600 megawatts of offshore wind farms were operating as of mid-2012. Offshore wind capacity is growing quickly, […]

  • Britain Is Only Just Beginning to Exploit Its Vast Resources of Offshore Wind

    19 August 2016

    Below, we bring an article on the UK’s offshore wind energy status and potential, written by Simon Watson, Professor of Wind Energy at Loughborough University, and originally published by The Conversation. In 1993, nine 300kW turbines were installed on the eastern pier at Blyth Harbour, near Newcastle on England’s east coast. One can question whether this […]

  • Centrica’s Offshore Wind Project Remains on Track to Generate First Power in 2012 (UK)

    17 November 2011
    Business & Finance

    As a result of the unusually warm weather experienced in the UK in recent months, and the corresponding impact on consumption, it is currently anticipated that Centrica’s 2011 earnings may be marginally lower than current market expectations, with the reduction in operating profits offset in part by lower interest and tax charges. Subject to weather […]

  • SSE to Enter Close Period (UK)

    30 September 2011

      SSE (Scottish and Southern Energy plc) will enter its close period on 1 October 2011, prior to the publication on Wednesday 9 November 2011 of its financial report for the six months to 30 September 2011. As stated in its Interim Management Statement on 21 July 2011, SSE expects that a particularly large proportion […]

  • Suzlon Group Q3: Record US$ 7.3 bn Orderbook; Steadily Improving Performance (India)

    7 February 2011
    Business & Finance

    Suzlon has installed over 15,000 MW of wind power capacity in 25 countries, established operations across 32 countries, with a workforce of over 13,000 personnel. Group orderbook rises to record US$ 7.3 bn; increase of 35 per cent. Group revenues of Rs. 4,433 cr. (US$ 968 mn). EBITDA of Rs. 182 cr. (US$ 40 mn); […]

  • Electricity from Wind Power Reaches 42,702 GWh (Spain)

    17 October 2011

      Wind turbines operating in Spain show important seasonal behavior. Total electricity generated by wind power was more than 42,702 GWh. The promotion of renewable energies has been a stable national policy for several years. All political parties have similar policies regarding support of renewable energies. The main tools within this policy at a national […]

  • EWEA: Is German Offshore Wind Under Threat?

    12 April 2013

    European Wind Energy Association (EWEA) spoke to Andreas Wagner, CEO of the Offshore Wind Foundation (Stiftung Offshore-Windenergie) and part of the team negotiating with German Chancellor Angela Merkel, trying to find out what is the future of German offshore wind power, as the country is said to be facing support cuts, besides the already known […]

  • WINDENERGY DEVELOPMENTS

    18 November 2016

    Following Japan s 2011 Fukushima disaster, the German government decided to move away from largely nuclear power and carbon-based energy toward clean renewables such as wind, solar, biomass and hydropower. Offshore wind energy will play a great role in this transition. Last year alone Germany connected 2,282.4MW of new offshore wind power capacity representing 75.4 […]

  • The Netherlands: Van Oord Records Increased Turnover in Difficult Year

    9 March 2012
    Business & Finance

    Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pieter van Oord: ‘Given the […]

  • China: Ming Yang Profit Down 8,7 pct

    30 March 2012
    Business & Finance

    China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2011.  Fourth Quarter 2011 Financial Highlights: Total wind turbine generators (“WTGs”) commissioned amounted to an equivalent wind power project output […]

  • Wind Bankers III: PensionDanmark

    3 February 2013

    PensionDanmark, one of Denmark’s largest pension funds with 629,000 members employed in 26,000 private and public companies, is one of the first, if not the first pension fund to take offshore wind very seriously. It has already invested in 2 offshore wind farms and it is eyeing more. The organisation has embarked on an ambitious strategy to more than double its investments in […]

  • Centrica Presents Results for Period Ended 30 June 2011 (UK)

    28 July 2011
    Business & Finance

    Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* halved from the exceptional levels recorded in 2010 *progress in challenging […]

  • Gamesa Reports 20 pct Growth in Net Profit (Spain)

    11 November 2011
    Business & Finance

    Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2011 guidance in terms of volume, profitability and debt. Between […]

  • USA: Global Wind Power Reached New Record in 2011

    14 March 2012

    Wind energy developers installed a record 41,000 megawatts of electricity-generating capacity in 2011, bringing the world total to 238,000 megawatts. With more than 80 countries now harnessing the wind, there is enough installed wind power capacity worldwide to meet the residential electricity needs of 380 million people at the European level of consumption. China led […]

  • AMSC To Significantly Expand Wind Business Through Proposed Acquisition of Power Technologies Company “The Switch” (USA)

    15 March 2011

    American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, today announced that it has signed a definitive agreement to acquire The Switch Engineering Oy, a power technologies company headquartered in Finland. The 190-million-Euro acquisition (approximately US$265 million based on current exchange rates) is expected to be immediately accretive and support AMSC’s growth to US$1 […]

  • China: Ming Yang Announces Q1 Financial Results

    4 June 2012
    Business & Finance

    China Ming Yang Wind Power Group Limited (Ming Yang), a leading wind turbine manufacturer in China, announces its unaudited financial results for the first quarter ended March 31, 2012.  First Quarter 2012 Financial Highlights: Total wind turbine generators (“WTGs”) for which revenue was recognized amounted to an equivalent wind power project output of 120MW, or […]

  • OPERATIONS & MAINTENANCE: O&M is Still Evolving

    11 May 2015

    Servicing around 2,200 wind turbines and 56 substations under fixed maintenance contracts, as well as repairs and assessments for a further 1,500 plants, Deutsche Windtechnik AG has experienced rapid growth since being established in 2007. Last year, the company experienced a near 40% in turnover, which passed the 70 million Euro mark for the first […]

  • Offshore wind rules ‒ Det Norske Veritas

    2 April 2012

    Being known as one of the world’s biggest classification societies within the offshore and maritime sectors, DNV has also been a major player in the wind industry for over 25 years. After the recent acquisition of KEMA, the new company, DNV KEMA Energy & Sustainability, is today undoubtedly one of the world’s largest wind energy […]

  • China Ming Yang Wind Power Records Order Increase in Q2 2011

    16 August 2011

      China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the second quarter ended June 30, 2011.  Second Quarter 2011 Financial Highlights:  Total wind turbine generators (“WTGs”) commissioned amounted to an equivalent wind power projects output of 367.5MW, […]

  • Germany: SMM 2012 Ends with Good Impressions

    10 September 2012

    The exhibitors were satisfied, and there were streams of trade visitors from all parts of the world – SMM impressively confirmed its position again, as the number one stimulus event for the maritime industry in 2012. The 25th shipbuilding, machinery & marine technology international trade fair hamburg ended on 7 September, after four days of […]

  • Composites in Wind Energy (USA)

    27 February 2011

    The wind energy market is experiencing rapid growth worldwide and has doubled in size every 3 years for the past 30 years. It is expected to have generated 331 TWh in 2010 alone, amounting to 1.6% of global energy consumption. This expansion requires new manufacturing plant including facilities for large composite blades. Applied Market Information […]

  • OWI-LAB: Room for efficiency, reliability and cost efficiency

    8 October 2012

    On 27 September, Offshore WIND was present, along with other press and 250 industry representatives, at the official inauguration of the Large Climate Test Chamber which forms part of the Offshore Wind Infrastructure Application Lab (OWI-Lab), strategically located in a warehouse on the Churchill Dock in the port of Antwerp, Belgium. This public testing and […]

  • OWI-Lab: Why Perform Climatic Chamber Testing for Wind Energy Applications?

    20 November 2014
    R&D

    As most renewable energy systems are located outdoors, sometimes in harsh conditions ranging from the extreme cold of Inner Mongolia, Scandinavia, Canada and North Dakota to the scorching hot deserts of the United States and Australia, critical attention must be paid to the suitability and robustness of equipment in such hostile environments. Mitigating the risk […]

  • U.S. Energy Department Invests USD 16 Million to Harness Wave and Tidal Energy

    30 August 2013
    Authorities, Business & Finance, R&D, Technology

    As part of the Obama Administration’s all-of-the-above strategy to deploy every available source of American energy, the Energy Department today announced $16 million for seventeen projects help sustainably and efficiently capture energy from waves, tides and currents. Together, these projects will increase the power production and reliability of wave and tidal devices and help gather […]

  • Iberdrola: A Spanish giant succeeding offshore

    1 October 2012

    A few months ago Spanish energy giant Iberdrola was crowned the world’s largest wind energy developer with an operating portfolio of more than 14,000MW. The promotion of offshore wind energy is a key platform for Iberdrola’s future growth plans. Iberdrola’s Offshore Business Division, based in Scotland with offices in London, Berlin and Paris, is busy […]