REpower has acquired the remaining 49% stake in PowerBlades, putting the German offshore wind turbine blade manufacturer completely under its control. PowerBlades was started in 2007 as a joint venture between REpower (51%) and SGL Rotec (49%).
Category: Europe
Vattenfall and partners form Force Hydro for French hydro development
January 5th, 2012 | Posted in Hydro
Vattenfall, ArcelorMittal, Rhodia and SNCF have joined forces officially by forming Force Hydro, a joint venture company, for bidding for concessions for hydropower development in France. The tender for new hydro developments in France is to be launched by the government in 2012 for a total of 5.3 GW of new capacity to be developed in the coming years.
3Power Energy Group acquiring 75% of a hydropower development concession in Albania
January 5th, 2012 | Posted in Hydro
3Power Energy Group has entered into a frame agreement with an investment group from Albania, for the acquisition of 75% of development concession rights for a 127.6 MW hydropower project on the the Shala River.
Nordex receives 42.5 MW order from Ireland
January 5th, 2012 | Posted in Wind
Nordex has received the company's largest order from Ireland so far, for 42.5 MW (17 N90/2500 units) from Bord Gais Energy. The ordered turbines are to be installed at the Garracummer wind farm, located in Tipperary. Nordex is to additionally build the wind turbine foundations and provide service and maintenance for 15 years.
Vestas closes 2011 with numerous orders but downgrades revenue
January 5th, 2012 | Posted in General Wind
Vestas has closed 2011 with several orders for its wind turbines, amounting to about 560 MW of capacity. The orders from from various markets, including Pakistan, the company's first in this Asian country. Still, even though the company has had a successful year in terms of order intake, totalling about 7.4 GW, the revenue for 2011 still had to be downgraded by about EUR 400 million to be about EUR 6 billion. The company also encountered some unexpected costs in its development activities involving the V112-3.0 MW and the GridStreamer technology for the 2 MW family of turbines.
JA Solar supplying 19 MW of modules for project in Germany
January 5th, 2012 | Posted in Solar
JA Solar has entered into a supply agreement for 19 MW of PV modules for the Allstedt I solar park in Halle, Germany. The solar park is being developed by Solarhybrid, a German renewable energy developer.
Gamesa sells two wind farms to Gas Natural
December 29th, 2011 | Posted in Wind
Gamesa has sold two of its wind farms Lugo and Tarragona, in Spain to Gas Natural. The combined capacity of Alto do Seixal and Les Forques II is 42 MW.
3SUN begins production at Catania plant with 160 MW annual output
December 27th, 2011 | Posted in Solar
3SUN, a joint venture between Enel Green Power, Sharp Electronics and STMicroelectronics, has begun production at the new PV panel facility in Catania, Italy. The new production plant for PV panels has 160 MW of annual production capacity, becoming the largest such production facility in Italy.
SunPower acquiring Tenesol – Total purchasing SunPower shares
December 27th, 2011 | Posted in Solar
SunPower has entered into a definitive agreement with Total for the acquisition of Tenesol, a wholly owned subsidiary of Total. SunPower is paying USD 164.5 million in cash for this acquisition, while at the same time Total will purchase 18.6 million shares of SunPower common stock. Once Tenesol is in ownership of SunPower, Total will own about 66% of SunPower's common shares.
Vestas to deliver 52 MW of turbines for El Gallo wind farm in Spain
December 27th, 2011 | Posted in Wind
Vestas has received an order for 52 MW of wind turbines, 26 V90-2.0 MW units, for the El Gallo wind farm in Burgos, northern Spain. This is a turnkey project which means Vestas will deliver, install and commission the 26 units for the client CyL Energía Eólica SLU.
