Statkraft grows renewables market access with PPAs in France, Spain
Norway-based utility Statkraft has signed a spate of power purchase agreements (PPAs) in Europe as the firm looks to increase its exposure to the renewables industry through deals and new projects.
Vestas net profit down 25% in 'competitive' market
Vestas recorded an increase in revenues for 2018, but its net profit was down year-on-year, reflecting how highly competitive wind power market has become, the Danish manufacturer stated.
Vattenfall's wind operating profit more than doubles
Higher electricity prices and increased capacity helped boost operating profit within Vattenfall's wind power segment in 2018, the utility-developer stated.
Serbian developer planning 571.2MW wind farm
Serbian developer Fintel Energija has launched development of a 571.2MW wind farm, which could be one of the largest onshore sites in Europe.
Nike deal kickstarts Spanish project
Spanish utility and global wind power operator, Iberdrola, has sealed a power purchase agreement (PPA) with sportswear giant Nike, for the power from the 111MW Cavar wind site, in Navarra, northern Spain.
Cañete warns against setting 'meaningless' climate targets
Increasing the ambition of the European Union's (EU) 2030 climate targets would be "meaningless" without introducing new policies to reduce emissions, climate commissioner Miguel Arias Cañete has said.
Corporate buyers match utilities in wind deals
Fortune 500 brands and other non-utility buyers purchased a record amount of wind power in 2018, according to a new Q4 report released by the American Wind Energy Association (AWEA).
GE's orders and sales increase in 2018
GE Renewable Energy's revenue and order volume and value grew last year, while its operating profit declined, according to its 2018 financial results.
Ambitious Clean Line Energy 'wrapping up'
Did Clean Line's HVDC plan push for too much too soon? How the political climate and seemingly unsurmountable barriers for multi-state HVDC lines led to the demise of the independent developer's ambitious plans.
Onshore jobs plummet amid UK government inaction
Thousands of onshore wind jobs were lost in the UK between 2016 and 2017, while employment in offshore wind has more than doubled since 2015, according to government figures.