Recent Wind

Europe’s installed Wind Capacity will increase 64% by the end of the Decade

Wind turbine installations in the European Union will increase 64% by 2020 compared to 2013 levels, according to data compiled by the European Wind Energy Association (EWEA). For Estonia, EWEA predicts that the current wind energy capacity of nearly 300 MW will grow up to between 550 and 1000 MW, according to the low and […]

GE Energy Financial Services Invests in Atria Power’s Wind Farms in India; Supports USD $1 Billion Annual Renewable Energy Investment Commitment

GE Energy Financial Services has invested equity in three Atria Power wind projects under construction in India, supporting GE’s commitment to invest USD $1 billion annually in renewable energy projects worldwide. The wind farms will have a combined capacity of 126 megawatts and will support the Indian Ministry of New and Renewable Energy’s program to […]

Suzlon well positioned to capitalize on the Market Opportunities

Consolidated revenue of Rs. 4,643Crs in Q1 FY15 (a21% YoY growth) 2nd Consecutive Quarter of Positive EBITDA at the consolidated level Gross margins improved from 29.1% to 33.5% Reinstatement of AD policy will bolster growth for the wind energy sector Strong order book at ~ 4.9 GW, valued at US$ 7.0 bn Suzlon Group, the […]

Energy Department Announces Distributed Wind Competitiveness Improvement Project Awards

The Energy Department and the Department’s National Renewable Energy Laboratory today announced funding for projects led by Pika Energy, Northern Power Systems, Endurance Wind Power, and Urban Green Energy that will help drive down the cost of small and medium-sized wind energy systems. Through the second round of the Competitiveness Improvement Project (CIP), the teams […]

Consent for ScottishPower Renewables’ Dersalloch Project

ScottishPower Renewables has received consent from The Scottish Government for 23 wind turbines at Dersalloch Hill in South Ayrshire. Construction of the windfarm will commence later on this year, and the full 23 turbine project will have a nominal capacity of up to 69 megawatts (MW). The main windfarm site is located in South Ayrshire, […]

Iberdrola First Half Earnings fall 13% to 1.5 Billion Euros due to Impact of Regulatory Measures in Spain

Despite record production, wind energy business in Spain fell 46% and Ebitda by 46%, as a consequence of regulatory measures Solid operating performance, particularly from international businesses, partially offset the negative impact of regulatory measures in Spain Group EBITDA came to €3,745 million, in line with the same period last year. Excluding exchange rate factors, […]

Alterra Power’s Dokie 1 Wind Farm resumes Operations

Alterra Power Corp. (TSX: AXY) is pleased to announce that the Dokie 1 wind farm re-commenced full operations on July 18. The project temporarily suspended operations on July 16 because of a nearby forest fire. The fire did not enter the project area. Further risk from the fire has been substantially reduced due to cool, […]

Finavera Wind Energy Sells Remaining 10% Equity Interest in 105 Megawatt Cloosh Valley Wind Project to SSE Renewables for €2.1 million

Finavera Wind Energy Sells Remaining 10% Equity Interest in 105 Megawatt Cloosh Valley Wind Project to SSE Renewables for €2.1 million Finavera Wind Energy Inc. (“Finavera” or the “Company”) (TSX-V: FVR) is pleased to announce that it has completed a series of agreements for the sale of its 10% equity interest in the 105 megawatt […]

Finavera Wind Energy Sells Remaining 10% Equity Interest in 105 Megawatt Cloosh Valley Wind Project to SSE Renewables for €2.1 million

Finavera Wind Energy Sells Remaining 10% Equity Interest in 105 Megawatt Cloosh Valley Wind Project to SSE Renewables for €2.1 million Finavera Wind Energy Inc. (“Finavera” or the “Company”) (TSX-V: FVR) is pleased to announce that it has completed a series of agreements for the sale of its 10% equity interest in the 105 megawatt […]

Mashteuiatsh, Essipit, Pessamit and EDF EN Canada Inc. Reach Agreement on Rivière-du-Moulin Win

The Innu First Nations of Mashteuiatsh, Essipit and Pessamit, together with EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, announce the signing of an agreement today concerning the Rivière-du-Moulin Wind Project in the Laurentides Wildlife Reserve, a territory of interest for the Innu First Nations. The 20-year agreement provides a framework for business […]