September 9th, 2019 | by Joshua S Hill
Global wind turbine order intake increased by an impressive 111% in the second quarter of 2019, according to new figures published by renewable energy research firm Wood Mackenzie Power & Renewables, overtaking the previous record set in the fourth quarter of 2018.
June 26th, 2019 | by Joshua S Hill
Wind energy powerhouses Vestas Wind Systems A/S and GE Renewable Energy announced this week that they had reached an "amicable settlement" over all disputes related to multiple patent-infringement claims in the United States which will subsequently discontinue the case pending in the US District Court for the Central District of California as well as all other pending proceedings related to the patents-in-suit
June 20th, 2019 | by Joshua S Hill
A new outlook has concluded that the top 5 wind turbine original equipment manufacturers (OEMs) will account for over two-thirds of the market share by 2020, a market consolidation which will also be reflected in the home-bound Chinese market.
April 1st, 2019 | by Joshua S Hill
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.
January 14th, 2019 | by Saurabh
The Indian spree of wind energy auctions seen over the last two years has resulted in an upsurge in orders for some of the leading wind turbine manufacturers. This recent jump in orders comes as developers look to meet the deadlines to commission their respective projects.
January 9th, 2019 | by Joshua S Hill
Danish wind turbine manufacturing giant Vestas Wind Systems A/S announced today that, with the installation of a V110-2.0 megawatt (MW) turbine at MidAmerican Energy’s Wind XI project in in late 2018, the company has become the first to install 100 gigawatts (GW) of wind turbines
January 8th, 2019 | by Joshua S Hill
Danish wind turbine manufacturing giant Vestas Wind Systems A/S continued to flummox efforts to report its total wind turbine order book for 2018 right down to the wire, with five announcements made on December 31 (and a sixth on January 1), bringing its total for 2018 close to the 13 gigawatt (GW) mark
September 14th, 2018 | by Joshua S Hill
Offshore wind energy giant MHI Vestas made two landmark announcements last week with the official opening of its European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Scotland, and the signing of a turbine supply order of the world's most powerful turbines for the WindFloat Atlantic floating offshore wind farm in Northern Portugal
July 4th, 2018 | by Joshua S Hill
June 30th brought with it the end of the financial year in some spots around the world as well as the end of the second quarter, and Danish wind turbine manufacturer Vestas finished the month with a flurry of activity, announcing 9 wind turbine orders worth 803 megawatts (MW) and a renewed service agreement for 1,150 MW across the United States
April 25th, 2018 | by Joshua S Hill
MHI Vestas announced this week that it will provide its 9.5 megawatt (MW) wind turbines to the 224 MW Northwester 2 offshore wind farm set to be developed in Belgian waters, making it the first time the record-setting 9.5 MW wind turbine will be installed and operational anywhere in the world.
February 19th, 2018 | by Joshua S Hill
Siemens AG again topped out the latest update of the Carbon Clean 200 list of the 200 largest publicly traded companies in the world making significant revenue from clean energy, and China continues to have far and away the most companies on the list, as clean energy stocks generated returns almost double that of fossil fuel stocks.
February 8th, 2018 | by Joshua S Hill
Danish wind turbine manufacturer Vestas announced its full-year 2017 financial earnings on Wednesday, and if the company didn't have a spectacular year, it nevertheless was able to report a steady year despite the growing competition inherent in the wind industry at the moment.
January 22nd, 2018 | by Joshua S Hill
Vestas Wind Systems announced Monday that it has secured its first wind turbine order in Kazakhstan, from one of the country's leading renewable energy developers, CAPEC Green Energy, for the 52 megawatt Astana wind project.
November 24th, 2017 | by Joshua S Hill
A total of 11,570.9 megawatts worth of wind turbine orders were announced through the first half of 2017, a nearly 2 gigawatt decline on the same time a year ago and over 3 gigawatts on the second half of 2016, and was led once again by Vestas.
November 23rd, 2017 | by Joshua S Hill
Vestas Wind Systems A/S announced on Wednesday that it had entered into a binding framework agreement with OOO Fortum Energy on the back of Russia's first wind energy auction held earlier this year.
November 10th, 2017 | by Joshua S Hill
Leading wind turbine manufacturer Vestas has seen its shares plummet nearly 20% on the back of a poor third quarter financial report which saw revenue and earnings decrease and the company cut its 2017 profit margin guidance.
October 3rd, 2017 | by Joshua S Hill
Vestas Wind Systems A/S announced a flurry of wind turbine orders to mark the end of the third quarter last week, with orders from the United States, India, Europe, and Latin America totaling 463 MW.
August 17th, 2017 | by Joshua S Hill
Danish wind turbine manufacturer Vestas Wind Systems A/S reported lackluster second quarter financial earnings this week, with revenue, earnings, and free cash flow all declining compared to a year ago, and 2017 guidance remaining in place, causing shares to tumble in early trading.
August 9th, 2017 | by Joshua S Hill
Two parallel announcements have given shape to the planned 424 MW Reynosa III Wind Park set to be developed in Mexico, with wind turbines supplied by Vestas and financing from Mexico's state-owned development banks.
June 8th, 2017 | by Joshua S Hill
MHI Vestas Offshore Wind has unveiled the next iteration in its V164 wind turbine series, a 9.5 megawatt turbine that is larger than the giant London Eye ferris wheel.