Archive

  • Turbine companies to benefit from six-fold growth in offshore wind, says HSBC

    02 May 2014

    Offshore wind capacity will grow six-fold over the remainder of the decade, in a trend that is set to boost the value of three turbine manufacturers, according to new research by HSBC.

  • Largest wind project in Africa secures €623m in financing

    24 March 2014

    The biggest clean power energy project in Africa has taken a major leap forward by signing €623 million ($859.6 million) in financing to allow it move it into the construction phase.

  • Vestas to issue new shares and renew credit lines after 'turnaround'

    04 February 2014

    Wind turbine maker Vestas has announced plans to issue new shares and has struck a deal with banks for new credit lines, after it reported its first quarterly profit since mid-2011.

  • Plans for two of Africa's biggest wind farms advance

    03 October 2013

    Ambitious plans to use renewable energy to help revolutionise Kenya's economy have been boosted by two significant break-throughs.

  • Vestas and Mitsubishi form offshore wind joint venture

    27 September 2013

    Mitsubishi Heavy Industries (MHI) will inject up to €300 million ($406 million) into a joint venture with wind turbine manufacturer Vestas, which aims to establish a strong position in the offshore market.

  • People moves, August

    30 August 2013

    The latest people moves in the environmental markets, including appointments at the Principles for Responsible Investment, Vestas, First Solar, Chrysalix Energy Venture Capital, Notenstein Private Bank and more

  • Vestas replaces CEO as losses widen

    21 August 2013

    Wind turbine maker Vestas has replaced its CEO after its losses grew in the second quarter, but analysts say the struggling company has turned a corner.

  • Gamesa returns to profit, but analyst warns of weaker H2

    24 July 2013

    Wind turbine manufacturer Gamesa has returned to the black and posted its highest quarterly profit margin since 2009, but could see weaker results in the second half of the year, an analyst has warned.

  • Investor confidence rising in wind sector – bank

    25 June 2013

    Investor confidence in wind turbine manufacturers will continue to grow in the second half of 2013, a leading bank has forecast.