Vestas leads Goldwind in 2018 Onshore Installations
Vestas extended its market share of onshore wind turbines commissioned last year, while the world's total new onshore capacity declined 3%. The Danish OEM installed 10.09GW worldwide in 2018 — a 22.2% market share of the 45.4GW installed globally — according to...
Vestas Net Profit Down 25% in ‘Competitive’ Market
Vestas recorded an increase in revenues for 2018, but its net profit was down year-on-year, reflecting how highly competitive wind power market has become, the Danish manufacturer stated. The turbine manufacturer’s revenue inched up from €9.9 billion in 2017 to €10.1...
Wind Turbine of the Year 2018 – 3MW+: Nordex N149
SPONSORED CONTENT. Why did Nordex's N149 win Best Onshore Turbine 3MW+ category in the 2018 awards? Windpower Monthly’s Shaun Campbell and David Weston discussed their decision to name Nordex’s N149 turbine as the winner in the Best Onshore Turbine 3MW+ category in...
Hitachi suspends Production, Favours Enercon
Hitachi will stop producing its own turbines and instead focus on distributing Enercon machines in Japan and overseas, expanding a 20-year-old collaboration agreement with the German manufacturer. It will also concentrate its efforts on providing maintenance and...
‘Risk Mitigation Strategies Increasingly Popular’
A new generation of buyers and improved data are making risk mitigation tools increasingly popular, according to the CEO of a valuation and risk analytics firm that provides risk management services for renewable energy. Earlier this month, REsurety helped Enel Green...
First Floating Turbine gets New Owner
Subsea connector and distribution system supplier Unitech Offshore will take over ownership and operation of the world's first large-scale floating wind turbine from the start of February. The Hywind floating demonstration turbine off Norway’s south-west coast was...
Vestas breaks Annual Global Order Intake Record
A flurry of turbine purchase agreements (TPAs) from around the world meant Vestas' global order intake for 2018 surpassed 12GW, the manufacturer claimed. The company announced more than 2.3GW of orders between 19 December and 1 January for projects in...
Vestas opens Russian Blade Factory
Vestas has opened its blade production facility in Ulyanovsk, according to the Russian Association of the Wind Industry (RAWI). It will produce more than 55 blades there in 2019 that will be used in V124 turbines with capacities of 3.6MW, 3.8MW and 4.2MW, RAWI added....
Prices fall 15.7% in Latest Greek Tender
Prices dropped to €58.58/MWh in Greece's second wind power auction this year, highlighting investors' confidence in the market, according to analysts. Nine projects with a combined capacity of 159.65MW were awarded 20-year contracts with successful bids ranging...
PGE Speed-Dating Potential Offshore Partners
POLAND: A search for a strategic partner to jointly develop up to 2,545MW of Baltic Sea wind capacity has been launched by state-controlled energy group PGE. PGE met with over a dozen potential business partners in early December, with an eye on finding a partner to...