Change of Ørsted Region Americas CEO
Ørsted announced today that David Hardy, Group EVP and CEO Americas, has decided to leave the company to join GE Vernova as Chief Commercial Officer, Wind. He will step down from his position effective November 30.The search for a successor Region Americas CEO is well underway. In the interim period, Ørsted's Chief Commercial Officer and Deputy CEO, Rasmus Errboe, will guide and support the experienced senior leadership team in the U.S.
Fred. Olsen Installs Final Turbine at Trianel Windpark Borkum II
Fred. Olsen Windcarrier’s jack-up vessel Blue Tern on Sunday installed the final turbine at Trianel Windpark Borkum II offshore wind farm in Germany."The last big components were installed Saturday, and final bolt and nut Sunday early morning," Fred. Olsen Wind Carrier said Monday.Fred. Olsen Windcarrier was contracted in February to install the remaining 11 Senvion 6.2M152 turbines on TWB II (out of a total of 32).
Denmark's Vestas Breaks Wind Turbine Installation Record, Woodmac Says
Danish wind farm turbine builder Vestas became the first wind turbine manufacturer to install more than 10 GW of wind capacity in a single year (2019), according to new analysis from Wood Mackenzie.The Danish OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, with installations completed in over 35 markets. The company’s installations in the Americas region contributed more than 50% of capacity for the first time.
SGRE Completes Senvion Purchase
The renewable energy major Siemens Gamesa Renewable Energy (SGRE) has finalized the acquisition of Senvion's European onshore service assets and intellectual property (IP).The German-Spanish manufacturer said in a press release that it has a “robust integration plan” for the assets, which will add 9GW of machines in 13 countries to its service book, bringing the total to 69GW.The addition of the Senvion assets marks an important step in the company’s growth strategy…
Siemens Gamesa Buys Senvion Wind Biz
German-Spanish wind turbine manufacturing giant Siemens Gamesa Renewable Energy (SGRE) has agreed a $225m deal to buy 8.9GW of the European onshore service business of embattled Germany-based rival Senvion along with its smaller rival’s blade factory in Portugal.Senvion´s European service assets will strengthen Siemens Gamesa´s capacity and potential in an important segment. The acquisition of a Service fleet of 8.9GW from Senvion will take Siemens Gamesa to a total of nearly 69GW under maintenance…
Senvion to Sell Assets to Siemens Gamesa
Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business.The Germany firm said that it has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected Services and Onshore assets in Europe. The agreement was approved unanimously by Senvion's creditors' committee. The approval…
Germany Reaches Deal to Boost Renewable Energy Capacity -SPD
Chancellor Angela Merkel's CDU and its Social Democrat (SPD) partners have agreed to keep their promise to speed up the expansion of renewable power installations, ending months of wrangling, an SPD spokeswoman said on Wednesday.Renewable energy is one of the most important drivers of Germany's plans to become a low-carbon economy, part of the country's commitment to help to combat global warming.As part of these efforts…
Senvion, Toshiba Energy Systems Form Wind Energy Alliance
Toshiba Energy Systems & Solutions Corporation and German wind turbine equipment manufacturer Senvion GmbH announced that they signed a mutually non-exclusive strategic cooperation agreement for the distribution of onshore and offshore wind power generation systems.Through this collaboration, Toshiba ESS will sell Senvion's wind power generation system in Japan, using the commercial distribution of Toshiba ESS.The…
Serbia's First Large-scale Wind Farm to Start in October
Belgian renewable energy firm Elicio NV said on Friday its 42 megawatt (MW) Alibunar wind farm in northern Serbia will start operating in October and help the Balkan country diversify its energy mix and reduce greenhouse gas emissions.The wind farm, which has 21 wind turbines provided by German wind turbine manufacturer Senvion, is the first large-scale farm to connect on Serbia's grid.
German Onshore Wind Installations Dropped 29 pct in H1
Germany installed 1,626 megawatts (MW) of new onshore wind power capacity in the first six months of 2018, industry groups said on Thursday, adding that total installations this year could run to between 3,300 and 3,500 MW.Wind energy is one of the most important drivers of Germany's transition to renewable energy, with onshore wind power already accounting for 14.7 percent of total power generation volumes in Jan-Jun, according to industry statistics.The additions in the six months measured in MW were down by 29 p
Wind Turbine Tie-Ups Under Pressure
Siemens Gamesa, Nordex underperform following tie-ups; more deals expected with Nordex, Senvion seen as takeover candidates. A sell-off in shares of recently merged wind turbine makers highlights the growing speed at which competition in the sector is heating up, raising expectations for more deals in the quest for scale. In the latest sign of the squeeze, Siemens Gamesa last week said it would cut 600 staff, less than a month after it revealed third-quarter operating profit had dwindled by a fifth…
Wind Power's Big Bet: Colossal Turbines
Wind farm operators are betting on a new generation of colossal turbines, which will dwarf many skyscrapers, as they seek to remain profitable after European countries phase out subsidies that have defined the green industry since the 1990s. The world's three leading offshore wind operators - DONG Energy, EnBW and Vattenfall - all told Reuters they were looking to these megaturbines to help adapt to the upcoming reality with dwindling government handouts.
German Onshore Wind Turbine Installation up in 2016
Germany installed 4,625 megawatts (MW) worth of onshore wind turbines in 2016, up about a quarter, industry groups said on Tuesday, warning that future growth would slow as the sector moves away from subsidies and towards a tender-based system. Engineering group VDMA and wind energy association BWE expect installations of 4,500-5,000 MW this year, before dropping to 3,000-3,500 MW in 2018. In 2019, they could drop to below 2…
MPI Installs All Turbines at Nordergründe
Following the successful installation of the foundations earlier this year, MPI has now informed that their wind turbine installation vessel (WTIV) MPI Enterprise has completed the installation of 18 6.2M126 Senvion turbines at the Nordergründe offshore windfarm. Once commissioned, the wind farm will have an installed capacity of approximately 111 megawatt and will be able to supply more than 70,000 households with power in a year.
Senvion Calls On CWind for HV Cable Testing/Commissioning
CWind announced it has won a contract to provide HV cable testing and commissioning for Senvion at Nordergründe. The contract will see CWind provide testing and commissioning works at the 18 Senvion 6.2M126 turbines, which are being installed at the project within the 12-sea mile zone at the mouth of the Weser, about 40 kilometers northwest of Bremerhaven.
GE, Senvion Prepare Bids for Adwen
General Electric and German wind turbine maker Senvion are preparing bids for French wind power group Adwen, which is jointly owned by Spain's Gamesa and France's Areva, people familiar with the matter said. German industrials group Siemens is due to take over Gamesa's 50 percent stake in Adwen as part of its 1 billion euro ($1.1 billion) deal to buy a majority stake in Gamesa. It has also made an offer for Areva's stake in Adwen.
Centerbridge's Senvion Plans Frankfurt Listing in 2016
German wind turbine maker Senvion plans to list on the Frankfurt stock exchange in the first half of the year, the company said on Monday, taking heart from strong demand for wind energy around the world. Sources told Reuters in November that buyout firm Centerbridge, which bought Senvion in January last year, was preparing a listing with the help of JPMorgan and Deutsche Bank, potentially valuing the company at 1.5 billion euros ($1.65 billion).
EU Offshore Wind to Grow up to 2020
New capacity more than doubled in 2015 due backlog; existing projects to bring more expansion in coming years. Growth in new offshore wind capacity in Europe is to slow this year after more than doubling in 2015, an industry report said on Tuesday. "New capacity additions will be lower in 2016 than 2015 though should then rebound, and we can expect to have (an installed total) over 20 GW (20,000 MW) offshore wind by 2020…
Sun Pharma Founder to Invest $290 mln in Turbine Maker Suzlon
The founder of India's Sun Pharmaceutical Industries Inc, Dilip Sanghvi, has agreed to buy a 23 percent stake in Indian wind turbine maker Suzlon Energy Ltd for about $290 million, the company said late on Friday. Sanghvi, India's second-richest man, will pay 18 billion rupees through Dilip Sanghvi Family and Associates (DSA) for 1 billion new shares in Suzlon, issued by way of a preferential allotment. Sanghvi's…
