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The risk that German onshore wind could collapse over the next three to four years, endangering the aim to achieve 40-45% of gross electricity consumption from renewables by 2025, prompted the BNA to trigger a rescue clause in the 2017 renewable energy act.
"As announced previously, there were start-up costs and inefficiencies in relation to the project and the learning curve has proven to be steeper than anticipated. As a result, we now expect the project to make a significant loss, which will be booked in 2017. "
Last year, Fermanagh and Omagh District Council planning committee turned down the plans amid concerns over noise and the impact on the surrounding area. But now, the Planning Appeals Commission (PAC) has given the wind farm the go-ahead.
Canberra on Tuesday welcomed as “very touching” the scrapping of a planned French wind farm on the site of a First World War battlefield where thousands of Australian soldiers died.
Families of diggers who fell one hundred years ago on the Bullecourt battlefield in France have forced an energy company to abandon plans to build a wind farm on the historic site. Engie has announced it will halt the development of the project in response to an Australian backlash.
“In the Inspector’s report, it was recommended the Department for Communities and Local Government throw out the application as damage to the heritage aspects of the area would not be outweighed by the public benefits of the proposed development. The report also found that the benefits would not justify the disruption to the landscape of the area and views from Lincolnshire’s villages.
Policymakers governing wind power generation have moved away from a regime based on subsidies to one of tenders, favouring project developers that can make low bids, which in turn puts massive pressure on equipment makers.
German engineering company Siemens (SIEGn.DE) reported a worse than expected 10 percent drop in quarterly industrial profit and signaled a tough year ahead as it restructures its turbine and wind power businesses.
France has been criticised over an “outrageous” plan to build a six-turbine wind farm on a First World War battlefield where thousands of British and Australian soldiers were killed.
Plans to put up one of the world's tallest wind turbines in the Scottish Borders will destroy hopes of creating Scotland's third national park, campaigners have warned.
Siemens Gamesa (SGREN.MC) said on Monday it plans to cut as many as 6,000 jobs worldwide as it braces for sales to plunge by as much as a fifth next year. The job cut would amount to more than 20 percent of the company’s total workforce of around 26,000.
MADRID - Spanish utility Iberdrola (IBE.MC) used its influence to change the management of Siemens Gamesa (SGREN.MC) on Friday after the wind-power joint venture suffered two profit warnings in less than three months.
“The University should call time on this ill-fated project. After six years, local residents, businesses and communities deserve relief from the stress and blight of a major industrial installation appearing on their doorstep.”
If no electricity is produced by one of the turbines for a year it has to be removed, and the work to do this carried out within six months of this deadline due to the condition that is currently in place. The land this turbine was situated on would then be re-instated as agricultural grazing land.
"Current market circumstances and price pressures have resulted in the reduction of these inventories," it said.
The Stornoway Trust has blasted suggestions that they would be unable to raise the cash necessary to buy a 20 per cent stake in the proposed Stornoway wind farm.
The proposals for a single wind turbine have been pushed through by Rhondda Cynon Taf council planners subject to an agreement being reached with the airport, after it was revealed it could cause an “aviation risk” to landing planes.
Royal Dutch Shell Plc and its partners Eneco Holdings NV and Mitsubishi Corp. are seeking to sell a stake in two Dutch offshore wind-farm projects that may cost $1.4 billion to develop, two people familiar with the plan said.
Five parish councils, an MP and local councillors have told the company behind a huge wind farm off the coast of Norfolk that they have “strong concerns” about the proposals. DONG Energy is consulting over an offshore wind farm nearly 80 miles off the Norfolk coast.
Planning regulation and inspection around wind- farms is expected to come under further scrutiny following claims that a wind- farm in Co Waterford was built with larger blades than allowed for.