Portuguese wind power company EDP Renovaveis (EDPR) forecasts its earnings before interest, taxes, depreciation and amortization (EBITDA) to grow by 10% this year, after reporting weaker than expected 3% growth for 2016, to 1.17 billion euros.
read more... 01/03/2017
Crude oil prices lost ground on Tuesday, but continued to trade in a tight range, as concerns about swelling U.S. crude stockpiles eclipsed OPEC production reductions. U.S. crude stockpiles have boosted for seven straight weeks. Forecasts for another weekly build of 3.1 million barrels fueled worries that demand growth may not be enough to absorb the oversupply.
read more... 01/03/2017
Spanish electric utility Iberdrola unveiled it has completed the installation of the first wind turbine at the 350 MW Wikinger offshore wind farm off the coast of Germany, marking a new milestone in the development of the project.
read more... 22/02/2017
Developer EnBW has given the approval to construct the 497MW Hohe See offshore wind farm in the German North Sea.
read more... 20/02/2017
Gamesa has won orders to provide turbines for seven wind parks in India with a combined capacity of 278MW.
read more... 16/02/2017