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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.
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.