Posts Tagged ‘update’

UPDATE 2-Wind turbine maker Nordex flags turnaround in German market

Wind turbine maker Nordex on Tuesday forecast a recovery in Germany, its largest market by sales, by 2020, helped by easing pricing pressure, efficiencies and an expected pick-up in demand. Germany accounted for nearly 30 percent of Nordex's sales in 2017, which came in at 3.1 billion euros , but a shift towards a more […]

UPDATE 4-E.ON, RWE get fresh boost from dividend, profit outlook

E.ON forecast annual operating profit to rise by an average 3 to 4 percent over the next three years, while RWE flagged a bigger than expected dividend for 2019, driving shares in E.ON to the top of Germany's blue-chip index .GDAXI . The two companies announced plans to carve up networks, renewables and retail energy […]

UPDATE 1-Siemens Gamesa posts strong new orders as key markets recover

The news pushed shares in the company 5.8 percent higher to the top of Spain's key IBEX index .IBEX , a much needed-jolt after a switch to market-based auctions has put immense pressure on equipment makers to rein in on costs and slash prices. ) wind power business with Gamesa in April last year, shares […]

UPDATE 1-China Three Gorges unit seeks $1.5 bln from new investors – sources

China Three Gorges New Energy, a unit of the country's top hydropower developer, plans to raise about 10 billion yuan from new investors to develop its wind power business, sources with knowledge of the matter said. The wholly owned unit of state giant China Three Gorges Corporation is in talks with China Life Insurance, Chinese […]

UPDATE 1-Enel seeks to shake up renewables ownership in Chile

The board of Enel Chile SA said on Friday that a plan it privately presented to Enel in July to absorb Enel Green Power Latin America's non-conventional renewable generation assets in Chile has been conditionally approved by the parent company. In a letter to Chilean regulators, Enel Chile said the plan is dependent on it […]

UPDATE 2-Offshore wind firm DONG Energy beats forecasts, eyes greater shareholder returns

Denmark's DONG Energy beat second-quarter profit forecasts on Thursday and said the start-up of more projects and a fall in construction costs would generate more cash, possibly making way for higher shareholder returns in coming years. DONG, the world's largest owner of offshore wind power, has a strategy of farming down, or selling off, large […]

UPDATE 1-Australian state picks Tesla to provide grid-scale battery

South Australian Premier Jay Weatherill listens to Tesla Chief Executive Officer Elon Musk speak during an official ceremony in Adelaide, Australia, July 7, 2017 to announce that Tesla will install the world's largest grid-scale battery in the South Australian state. AAP/Ben Macmahon/via Tesla Chief Executive Officer Elon Musk speaks during an official ceremony in Adelaide, […]

Renewable Energy Update – June 2017 #5

Jun 26 As the nation's mayors closed their annual meeting on Monday in Miami Beach, they sent a clear signal that cities are looking for action on climate change and are eager to fill a policy gap created by the Trump administration. The United States Conference of Mayors, which includes both Republican and Democratic mayors […]

UPDATE 1-Everbright International plans to list greentech business in Hong Kong

China Everbright International said on Thursday it plans to spin off and separately list its greentech subsidiary, in a deal that could value the business at up to $1.5 billion. The energy and infrastructure firm said it plans to sell up to 644 million shares in China Everbright Greentech Limited, representing around 30 percent of […]

County Supervisors Receive Update On Wind Energy Project

Representatives from Invenergy met with the Palo Alto County Board of Supervisors during their regular scheduled meeting on Tuesday, April 4 giving an update on the project and an approximate timeline of events. “This is letter received from Nick Matchen, Project Development Associate for Invenergy that begins the application process starting a 60 day window […]