Danish wind turbine manufacturer Vestas Wind Systems A/S reclaimed the number 1 spot atop the global wind turbine manufacturing pile in 2018, news announced at the same time as the company finished 2019’s first quarter with a flurry of turbine order announcements worth 1,380 megawatts and including two subsidy-free projects.
Less than a year after its successful merger, Siemens Gamesa Renewable Energy has been named the leading wind manufacturer by two analyst firms, thereby dethroning Danish manufacturer Vestas.
Apple has struck an agreement with one of the world’s leading wind turbine manufacturers, Chinese-based Xinjiang Goldwind Science & Technology, for a 30% stake in four separate wind projects being developed in China.
More banks and financial institutions are expected to launch green bonds soon, and China looks set to emerge as one of the fastest growing markets for rating funds to finance low-carbon and renewable energy projects. According to media reports, the Industrial & Commercial Bank of China (ICBC) will soon launch … [continued]
For the first time, a Chinese wind firm, Goldwind, topped the annual ranking of onshore wind turbine manufacturers in 2015. Xinjiang Goldwind Science & Technology led Bloomberg New Energy Finance’s annual rankings of global wind turbine manufacturers, with 7.8 GW of capacity commissioned during 2015, thanks in part to a surging … [continued]
The opinion of some that the balance of the global green bonds market is set to shift towards the developing and emerging markets has received a huge boost with two Chinese banks raising billions in fresh issues. The China Industrial Bank and Shanghai Pudong Development Bank recently raised a total … [continued]
The green bonds market in China is set to grow significantly as the government there has given the go-ahead to two banks to launch huge issues. The China Industrial Bank and Shanghai Pudong Development Bank will soon issue green bonds worth 50 billion Yuan (US$7.6 billion) each, after winning approvals … [continued]
The trend of private renewable energy companies looking to raise funds through green bonds issues linked to specific assets continues to gain popularity. The China Longyuan Power Group Corp — the largest wind energy developer in Canada — has reported that it raised $153 million for a wind energy project with … [continued]
Global credit rating agency Moody’s expects a significant shift in the global green bonds market. Following the trend of faster growth in renewable energy capacity addition in developing countries, the global green onds market is also expected to see greater participation from developing economic like China and India, according to … [continued]
If recent trends are anything to go by, the Chinese green bonds market is set for a massive expansion, as the country continues to expand its renewable energy infrastructure amidst a financial markets crisis. This has been exemplified by the Agriculture Bank of China, which issued its first green bonds sale in … [continued]
