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LM Wind Power, a subsidiary of GE Renewable Energy, has completed the recruitment phase for its new offshore wind turbine blade manufacturing plant in Cherbourg, France.
LM Wind Power has inaugurated a new Technology Center Americas facility to develop and test new techniques for designing and building wind turbine blades at its facility on the NASA Michoud campus outside of New Orleans, Louisiana.
LM Wind Power, a GE Renewable Energy business, has completed the acquisition of the WMC wind turbine blade test center in Wieringerwerf, the Netherlands.
LM Wind Power, a GE Renewable Energy business, has revealed plans to acquire the WMC test facilities in Wieringerwerf, the Netherlands.
LM Wind Power, a subsidiary of GE Renewable Energy, has launched its new offshore wind turbine blades plant in Cherbourg, France, where it plans to provide a significant number of jobs.
GE Renewable Energy has appointed Duncan Berry as Chief Executive Officer (CEO) of LM Wind Power. Berry will succeed Marc de Jong, LM Wind Power's CEO since June 2015, who will leave the company at the end of April 2018.
Blade manufacturer LM Wind Power has earlier this month released the APQP4Wind framework to be followed by its suppliers of direct materials.
The European Commission has sent a Statement of Objections to General Electric (GE) alleging the company breached EU merger rules by providing incorrect or misleading information in connection to the takeover of LM Wind Power. In the Statement of Objections, the Commission has informed GE of its preliminary conclusion that the company provided incorrect or […]
LM Wind Power has successfully completed installation and testing of a 66.5 meter wind turbine blade, ordered by Hitachi, Ltd. for offshore application.
The European Commission (EC) is reviewing the acquisition of LM Wind Power by GE to determine whether GE filed misleading information regarding its offshore wind technology plans during the review of the acquisition.
Denmark's LM Group Holding has announced the completion of the sale by Doughty Hanson of its stakes in the blade maker LM Wind Power Holding to GE Global Holdings Denmark for an enterprise value of EUR 1.5 billion.
Offshore wind remains a key focus area for LM Wind Power, the company stated as it issued its 2016 annual results, reporting a revenue of EUR 1.06 billion, (EUR 750 million in 2015) and an EBITDA of EUR 174 million (EUR 98 million in 2015).
LM Wind Power has started the construction works on its new offshore wind turbine blade factory in Cherbourg, France, the company's spokesperson confirmed to Offshore WIND.
The European Commission has approved unconditionally the acquisition of LM Wind Power of Denmark, by General Electric Company (GE) of the US after concluding that the proposed acquisition would not result in a significant reduction in competition in the EU's Single Market.
Danish blade designer and manufacturer LM Wind Power reported EUR 51.7 million net profit for the Fiscal Year 2016, a 776 per cent increase compared to EUR 5.9 million net profit recorded in FY 2015 driven by higher sales and better operating performance.
Danish blade maker LM Wind Power and the Energy Research Centre of the Netherlands (ECN) have developed blade tips which are said to increase offshore wind farm yields.
Wind turbine blade manufacturer LM Wind Power plans to be carbon neutral by 2018, with the fist step on the path to carbon neutrality being sourcing 100% of its electricity from renewable energy sources, mainly wind, from 2017 onward. Two other main components of LM Wind Power's carbon neutral program, which will be named 'CleanLM', are […]
LM Wind Power has signed a strategic collaboration agreement with Chinese wind turbine manufacturer CSIC (China Shipbuilding Industry Corporation) HZ Windpower to deliver blades for its newly launched H151-5.0MW offshore wind turbine. The blades will be delivered from LM Wind Power's plant in Jiangyin. The first sets are expected to be installed by the end of 2016 […]
LM Wind Power reported a strong growth in revenue and profitability in the third quarter of 2016, with the revenue in the three months to September 30 2016 increasing by EUR 96.1 million (50.3%) to EUR 287.2 million, compared with EUR 191.1 million in the same quarter last year. Year-to-date 2016 revenue was at EUR 778.5 million, EUR […]
General Electric (GE) has agreed to buy LM Wind Power Holding A/S, a Denmark-based designer and manufacturer of wind turbine blades, for an enterprise value of EUR 1.5 billion. The deal in-sources wind turbine blade design and manufacturing for GE’s Renewable Energy business, improving its ability to increase energy output and create value for onshore and offshore […]
LM Wind Power, which recently presented an 88.4-metre blade for Adwen's offshore wind turbine, has broken ground at a 17-hectare piece of land in Bergama, Turkey, where it will set up a factory for the manufacture and distribution of wind turbine blades. "The Bergama plant will manufacture blades up to 70 metres initially for the local […]
Adwen and LM Wind Power have presented an 88.4-metre blade, specifically designed for Adwen's AD 8-180 wind turbine model. The first of the longest blades in the world has just been manufactured at LM Wind Power's factory in Lunderskov, Denmark, and will be transported to a facility in Aalborg in the following days, where it will […]
Danish researchers have developed a new coating system which increases the performance of offshore wind turbine blades. Currently, new technologies are being tested under the European project Windtrust to overcome blade erosion caused by heavy rain in harsh offshore environment. LM Wind Power developed a new polyurethane coating protection system, and said the system significantly increases the reliability of blade […]
LM Wind Power has announced the launch of an innovative research project to develop wind turbine blades with flexible tip lengths. The company is leading a consortium that will develop a cost effective, flexible blade length concept with the potential to reduce cost of energy by 8-10%. This project addresses the untapped potential of optimizing […]
Experienced Executive joins from Siemens Wind Power to propel the company forward. LM Wind Power group announced today the appointment of its new Chief Executive Officer (CEO), Leo Schot. Mr. Schot joins the company from Siemens Wind Power where he has been CEO of Global Supply Chain. He is a Mechanical Engineer and was educated […]
LM Wind Power, the world’s leading wind turbine blade manufacturer, supplier of components and services to the wind industry announced that CEO Roland Sundén is leaving after six years with the company. His successor will be the subject of a future announcement. The senior management team remains committed to the business as usual and a […]