In reaction to negative market forces, Gamesa are making major job cuts globally. The most employee reduction is, not surprisingly, happening in Europe, where the company will lay off 1,280 people. In the US, 505 Gamesa employees will need to look for other jobs. Asia is also affected, with China losing a huge chunk of the workforce. China — which for Gamesa is the only manufacturing hub other than its home ...

Southeast Asia's largest wind farm, with generating capacity of 103.5 MW and costing 6.5 billion baht, will start operating in Nakhon Ratchasima this month. The project is part of ambitious plans by Wind Energy Holding Co (WEH) for wind farms generating a combined 1,000 MW by 2020, said Nopporn Suppipat, the company's founder and director. Operated by its subsidiary First Korat Wind Co, this first wind farm ...

The Asian Development Bank has granted a $500,000 technical assistance to the Philippine government to promote and build the country’s wind power generation capacity under the bank’s Quantum Leap in Wind Power program. Energy Undersecretary Jose M. Layug Jr. said on Wednesday that the Philippines was one of the program’s recipient countries, together with Mongolia, Sri Lanka and Vietnam. The target was to b ...

China has approved a 1.4GW wind power complex in Baotou, Inner Mongolia – the first gigawatt scale project in the province. The Damaobayin project will include seven wind farms to be developed by different developers – Huadian, Guodian, Huaneng, Longyuan, CPI, Beijing Jingneng New Energy and local company Xiehe Wind Power. Total investment in the project is 13.6bn yuan ($2.18bn).Construction is expected to ...

Softbank Corporation, a Japanese mobile phone company, is planning to invest in wind power projects in Mongolia. SB Energy Corp., Softbank’s clean energy unit, will set up a venture with Mongolia’s Newcom LLC as early as this month to conduct feasibility studies on wind power generation, Naoki Nakayama, a Softbank spokesman, said by phone today. Newcom invests in clean technology and infrastructure. The ven ...

Wind power firms slowed capacity addition for the first time in 20 years as the government stalled on announcing a replacement for the incentive programme that expired last fiscal year. Capacity addition in wind power generation dropped by 39% between April and September, after having grown at a 22% annual compounded growth rate since 1992. This is according to data published by the Indian Wind Turbine Manu ...

Wind energy giant Suzlon, once a star of India's green technology, is facing a stormy future after aggressive expansion left it mired in debt at a tricky time for the industry, analysts say. The world's fifth largest wind turbine firm this month made the biggest default on repayments by an Indian company, after bondholders rejected its request for a four-month extension to more than $200 million of debt. In ...

Veer Energy & Infrastructure Ltd. said it had received 30 MW windfarm infrastructure development contract from China-based Foshan Crown Import & Export Co. Ltd. The company said it would develop 3 MW windfarm with Chinese Wind Turbine Generator. The scope of contracts includes civil foundation, electrical work, commissioning and erection of WTG. The order is to be completed in two years in phase man ...

Wind turbine manufacturer Suzlon Energy Ltd. said its Group had secured its second consecutive order from Surat Municipal Corporation (SMC) to set up, operate and maintain a 8.4 MW wind energy project in Gujarat. The project will comprise of four units of Suzlon's S95 - 2.1 MW wind turbine and will be commissioned in early CY 2013.The new project will augment SMC's existing wind power portfolio to 11.4 MW. ...

Mytrah Energy Limited, a key player in wind energy space, has plans to invest Rs 30,000 crore in the medium term to build 5000 MWs in India by 2018. ? "We have already invested about Rs 2,400 crores in our current projects and estimate to invest a further Rs 2,000 crores in the current year. Our medium term investment is expected to be in the range of Rs 30,000 crores to build 5000 MW in India," Ravi Kailas ...