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Project delays, margin pressure, adjusted forecast: Although the business of the wind turbine builder Nordex is still running well, investors and experts are increasingly doubting the medium-term targets. This is also due to Donald Trump. DUSSELDORF - From the perspective of Nordex boss Lars Bondo Krogsgaard everything is going "as planned". Sales are increasing, profit are up and the annual goals of the Hamburg wind power group are still "readily in reach", said the native Dane on Thursday with the submission of the quarterly figures. But the investors of Germany's third-largest producer of wind turbines are far less optimistic than Krogsgaard.
The failure of the manufacturer has unexpectedly left many customers without warranties on their turbines, leaving question marks over the future of their investments.
A Scottish government reporter has overturned a council's refusal of plans for an eight-turbine wind farm in Dumfries and Galloway.
A decision to withdraw plans for a £30 million wind farm at Slieveard Mountain on the outskirts of Omagh has been hailed as a huge victory by the campaign group set up to oppose the development.
Last month, Mid Derbyshire MP Pauline Latham said the turbines should be pulled down and sold for scrap metal. The Tory politician said she was angry at the lack of progress and was concerned it would impact on customers.
Wind farms have received more than 255 million pounds to idle since payments began in 2010, according to National Grid. ...China and Germany are also struggling to absorb the influx of renewable power, forcing turbines to stand idle and focusing attention on the efficiency of investments.
A furious row is on the horizon with developers erecting eight new wind turbines at Tetney.
Mr Clauson suggested the advert was an attempt to influence government wind energy guidelines, particularly on the issue of safe setback distances from homes. He believed the IWEA was “vehemently opposed” to any attempt to increase the setback distance from wind turbines to homes .
A Danish energy giant has pulled out of a project that promised to create thousands of jobs in the green energy sector on the Humber.
After building up its portfolio of wind farms in Canada over the past 10 years the Toronto-based company plans to test the market to see if it can get a premium for the assets, Shachin Shah, chief executive officer of Brookfield Renewable, said.
The fall was mainly due to a drop in production in the UK. Output fell 26.2%, Iberdrola said, causing EBITDA from its ScottishPower Renewables UK business to fall 34.4%.
A Tyrone wind farm that was forced to shut down after a giant turbine crashed and scattered debris over a wide area has been sold for £27m. The board of Greencoat UKW Wind is set to buy Screggagh Wind Farm, near Fintona, which has a capacity of 20MW.
Siemens is putting new wind power investment plans in the UK on hold due to uncertainty caused by last week’s Brexit vote, the Germany energy company has told the Guardian.
Minister for Planning and Local Government Simon Coveney has given a second extension to public consultation over Marine Institute plans for renewable energy test site in Galway Bay. A group of Galway West TDs, including junior minister Sean Kyne, sought the extension due to public concerns about th
Energy firm bosses who kicked up a storm over a conversation in the House of Commons tea room have lost the latest round of a legal fight over a wind farm plan.
Yes, Big Wind has finally admitted: all those bat-chomping, bird-slicing eco-crucifixes dotted hither and thither over the choicest parts of the matchlessly beautiful English landscape were entirely unnecessary. They’re sitting on those hilltops, turning or not turning as the case may be, making so little difference to Britain’s “energy security” or power supplies or carbon emissions reductions or economy that really they might just as well not be there.
England is not windy enough to justify building any more onshore wind turbines, the chief executive of wind industry trade body has admitted.
“The council received confirmation on Wednesday that the application for two wind turbines on land near Wilton Village, which was submitted in February 2014, has been withdrawn by the applicant."
The Supreme Court of Bavaria has upheld a controversial state wind distance rule that has already drastically reduced the number of permits for new wind farms in Germany's biggest state. ...In late 2014, the state government enacted legislation stipulating that wind parks need to be built at a minimum distance to the nearest housing of ten times the turbine height (measured from the tower base to the tip of the blade).
Despite renewable energy sources being heavily hyped as a sustainable solution to humanity's growing energy problem, actual support for the green power has been shrinking. Falling electricity prices and henceforth lower profitability have led a dramatic drop in investment in the Swedish wind energy sector.