20/05/2019
News
Ilaria Valtimora
Acciona puts solar panels on wind turbine Acciona has installed flexible solar panels on a Nordex-Acciona wind turbine in Spain to help power its auxiliary systems.
The Spanish utility has covered the tower of an AW77/1500 turbine at its 36MW Breña wind farm with 120 flexible organic panels. These are set to produce energy for the turbine's internal electricity needs.
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20/05/2019
Wind Watch
Ilaria Valtimora
In the last month, wind has occupied an important role in Italian politics. And not in a good way.
Armando Siri, member of political party Northern League and undersecretary for transport, was put under investigation last month by the Direzione Investigativa Antimafia - Italy’s police dedicated to fight mafia - for allegedly accepting a €30,000 bribe from wind consultant Paolo Arata. The alleg ...
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17/05/2019
News
Ilaria Valtimora
CIP raises $700m for emerging markets fund Copenhagen Infrastructure Partners has achieved a $700m first close of a fund to invest in renewables projects in Asia and Latin America.
The Copenhagen Infrastructure New Markets Fund 1 is set to target investments in renewables projects, including wind farms, in Asia and Latin America as well as Eastern Europe and Africa. CIP is looking to achieve a ...
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17/05/2019
Wind Watch
Richard Heap
“Five years ago we were fighting against the rest. Now there is no opposition to renewables. Everyone likes it. Everyone became renewable: the oil and gas industry, the gas utilities, the coal utilities, all of them. Today there is no loud opposition to renewables. It is mainstream.”
Rafael Mateo, chief executive at Acciona Energy, is talking to A Word About Wind and sharing a view of renewabl ...
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15/05/2019
News
Ilaria Valtimora
Duo plan offshore hub on 1.5GW coal plant Two developers plan to convert a 1.5GW coal plant in Massachusetts into an offshore wind hub, including a 400MW battery facility.
Real estate firm Commercial Development Company and transmission developer Anbaric have agreed to build the Anbaric Renewable Energy Centre on the site of the former Brayton Point coal power plant in Somerset, Massachusetts. ...
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13/05/2019
News
Ilaria Valtimora
Ørsted issues £900m bonds for UK growth Ørsted has issued three green senior bonds totalling £900m to help it fund UK offshore wind projects including the 1.4GW Hornsea 2.
The issuance includes a £350m green bond maturing in 2027 with a fixed rate of 2.12%; a £300m green bond maturing in 2033 with a fixed rate of 2.5%; and a £250m inflation-linked green bond maturing in 2034 with a rate of 0.3 ...
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13/05/2019
Wind Watch
Ilaria Valtimora
“Vestas and the industry have entered a new phase and I believe this is the right time for me to step down.” With these words, Anders Runevad last week announced his decision to leave as chief executive of the world’s leading wind turbine maker, which he joined in 2013.
He is set to be replaced by Henrik Andersen, CEO of coatings supplier Hempel, on 1st August. Runevad is remaining as an advis ...
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10/05/2019
News
Ilaria Valtimora
Siemens Gamesa to join €30bn Siemens spinout Siemens plans to spin out its gas and power arm into a new company that includes the 59% stake that Siemens owns in Siemens Gamesa.
Siemens is set to complete the shift of Siemens Gas & Power and the 59% of Siemens Gamesa into the new company, which it is looking to list in Germany, by September 2020. The business is poised to have combined turno ...
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10/05/2019
Wind Watch
Richard Heap
This week, German industrial giant Siemens has announced plans to spin out its gas and power operations into a standalone company, and then list the new firm in Germany in September 2020. Siemens is set to give up its majority stake in the unit, but stay a "strong anchor shareholder" by retaining a stake of less than 50% in the new company.
The reasons for the spinout are simple.
Siemens Ga ...
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08/05/2019
News
Ilaria Valtimora
Runevad to step down as CEO of Vestas Anders Runevad is stepping down as chief executive of turbines giant Vestas on 1st August to be replaced by Hempel's Henrik Andersen.
Vestas announced yesterday that Runevad was set to leave the role, but would remain an advisor to Vestas and chairman of MHI Vestas to mid-2020. Runevad became CEO at Vestas in 2013 and presided over a turnaround at the compa ...
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