Coronavirus cuts €93m off Siemens Gamesa’s profit in the third quarter of the year

The pandemic is also expected to cut €1bn from the sales revenue of the wind turbine manufacturer in the full year

Onshore renewables ‘could pump £28.9bn into UK economy by 2035’

A £66.5bn potential investment opportunity for the UK could be unlocked if the government takes the necessary measures, according to a new report

Wind energy deal
Glennmont Partners sells 15% stake in Finnish wind farm

Kansai Electric Power Company is buying the minority share in the facility, which is currently under construction

Foresight and Belltown enter joint venture to develop onshore wind assets

The objective is to deliver more than 300MW of clean electricity capacity to support the UK’s goal to become net zero

Ireland steps closer to its 2030 target for renewable energy with new partnership

Highfield Energy has entered a joiny venture with Temporis Aurora Fund to finance onshore wind assets in Ireland

Government allows onshore wind back into the fold with renewed subsidy support

The move would signal the end of opposition to subsidising new onshore windfarms, which began as ministers scrapped financial support for new projects in 2015

Glennmont Partners buys 36MW onshore wind farm in Italy

The clean energy-focused fund manager says the deal represents a further step in the capital deployment of its €850 million Clean Energy Fund III

Wind power ‘will drive 30% of global electricity production by 2050’

A new report suggests ‘huge offshore potential’ around the world will help drive this growth

ENGIE Africa completes Egypt’s largest wind farm 45 days early

The 262.5MW Ras Ghareb wind farm is now fully connected to the grid and is ready for commercial operation

Novasec secures rights to raise €80m for 312MW onshore wind farm in Spain

The Gecama project is expected to become the country’s largest onshore wind farm and will enter construction in 2020