Recent Wind

Earnings Release and Financial Results Q2 FY 2015: Portfolio gains drive income

Second-quarter orders up 16%, to €20.8 billion, including large orders in the rail business; on a comparable basis, excluding currency translation and portfolio effects, orders up 7% Revenue 8% higher at €18.0 billion, for a book-to-bill ratio of 1.15; revenue flat on a comparable basis Industrial Business profit 5% lower, at €1.7 billion, due largely […]

Siemens completes company reorganization

Siemens on track to reach targets for fiscal 2015 in an increasingly difficult environment Agreement reached with employee representatives in Germany regarding measures to sustainably reduce overhead cost base by €1 billion by 2016 Power and Gas Division seeks long-term improvement in profitability within a consolidating environment Restructuring of underperforming businesses initiated Structural reorganization of […]

Vestas Interim Financial Report, First Quarter 2015

Outlook for 2015 improved. Revenue, earnings, and free cash flow increased compared to the first quarter of 2014. Summary: In the first quarter of 2015, Vestas generated revenue of EUR 1,519m – an increase of 18 percent compared to the year-earlier period. EBIT before special items increased by EUR 39m to EUR 79m. The EBIT […]

Avista Corp. Reports Financial Results for First Quarter 2015, and Confirms 2015 Earnings Guidance

Avista Corp. (NYSE: AVA) today reported net income attributable to Avista Corp. shareholders of $46.4 million, or $0.74 per diluted share for the first quarter of 2015, compared to $48.5 million, or $0.81 per diluted share for the first quarter of 2014. “Earnings for the first quarter of 2015 were below our expectations due to […]

Vestas receives 72 MW order in U.S. state of Kansas

Order is Vestas’ first project with RPM Access With reference to Vestas Wind Systems A/S’ company announcement No. 19/2015 of 5 May 2015, Vestas has received a firm and unconditional order in the United States for 36 V110-2.0 MW turbines to power the Marshall Wind Farm in Marshall County, Kansas. The order was placed by […]

Vestas receives 400 MW order in U.S. state of Nebraska

Is Vestas’ largest single-phase project ever in the United States. With reference to Vestas Wind Systems A/S’ company announcement No. 18/2015 of 30 April 2015, Vestas has received a firm and unconditional order in the United States for 200 V110-2.0 MW turbines for the Grande Prairie wind farm in Holt County, Nebraska. In megawatt terms, […]

Vestas receives 20 MW order for Coonooer Bridge Wind Farm in Australia

Vestas has received a 19.8 MW order for six of its V117-3.3 MW turbines for the Coonooer Bridge Wind Farm in Australia. The order has been placed by Coonooer Bridge Wind Farm Pty. Ltd., which is owned by Eurus Energy, Windlab, and local community shareholders. The order includes a full engineering, procurement and construction (EPC) […]

Official Opening for Repowered Coal Clough Windfarm

ScottishPower Renewables officially opened the newly repowered Coal Clough windfarm near Burnley today (30th April). Over the past 18 months the company has invested £22.5 million to replace 24 wind turbines installed in 1992, with eight modern turbines, increasing the total generating capacity of the windfarm from 9.6 megawatts (MW) to 16 MW. Coal Clough […]

Wind energy accelerates record growth in first quarter

Strong activity setting stage for industry’s biggest event all year in Orlando Strong growth in the U.S. wind energy industry accelerated during the first quarter of 2015, with a near-record 13,600 megawatts (MW) of generating capacity under construction across 100 projects in 23 states. This bumper crop of new wind projects will be on display […]

Onshore wind industry adds £906 million a year to UK economy

The onshore wind industry generated £906 million in gross value added (GVA) revenue to the UK economy in 2014, according to new figures released by RenewableUK. Since the beginning of 2012, GVA has risen by £358 million (up 65%) – revealing the increasing contribution that the onshore wind industry and its supply chain makes to […]