Senvion says it has received several advanced offers for various substantial core parts of its business and is entering final stages of the M&A process. It will present the investor concepts to the creditors’ assembly for a vote on September 10, 2019. The company maintains that it has also put in place financial arrangements to…
Senvion granted loan extension from lenders through August
Senvion announced that it has reached an agreement with its lenders, which gives financial support for the continuation of its business until the end of August — and potentially for a period thereafter — if ongoing talks with lenders conclude successfully. The extension enables Senvion to further accelerate its M&A process . The company says…
Senvion signs 48 MWs of contracts for its 3.XM series in European core markets
Senvion has signed 47.5 MW of firm contracts for its modular 3.XM series in Belgium, France, and Portugal in the fourth quarter of 2018. In Belgium, Senvion has concluded contracts with customers including EDF Luminus for the Sint Gillis Waas wind farm and Eoly for the Rebaix wind farm. The Belgian wind farms total four…
Senvion wins 80-MW Michigan wind contract
Heritage Sustainable Energy LLC, a developer of wind and solar in Michigan, has executed an 80-MW wind-power agreement with Senvion. The first 20 MW are already firm followed by a conditional 60 MW. The agreement includes a 21-year full service contract. “We are excited to continue working with such a respected partner as Heritage,” said Lance…
Senvion signs conditional contract for 275 MW of wind in the U.S.
Senvion has signed agreements for the supply and commissioning of 275 MW of wind turbines with the TG East Wind Project that is owned by Taaleri Energia Ltd. NorthRenew, a renewable energy development firm, will co-develop the project with Taaleri. “The TG East Wind Project represents the expansion of Taaleri’s global footprint into the North…
Senvion’s CEO steps down
Senvion‘s Chief Executive Officer Jürgen Geißinger is stepping down with the Board’s agreement. Over the last two-plus years, Geißinger has led the company during a challenging time, successfully transitioning Senvion into a global company with a robust product portfolio and strong cost discipline, the company states. Today’s announcement reportedly comes as Senvion embarks upon the next…
Senvion to power its largest turbine blade manufacturing facility with wind
Senvion says it is fully committed to helping with climate change, and is taking its environmental responsibility a step further. The company will install a 3.6-MW wind turbine at its RiaBlades production facility in Portugal — ensuring the site is self-sustainable. RiaBlades in Vagos, Portugal is Senvion’s biggest plant in the world. After the extension…
WINDPOWER 2018 recap
AWEA’s WINDPOWER 2018, as you would expect, featured a variety of exciting announcements from companies in the wind energy industry. From May 7 to 11, thousands of renewable energy leaders and innovators gathered in Chicago to learn about new technologies and business processes that, when combined, are moving the wind energy market forward. We thought…
Senvion posts one of the best first quarters for wind order intakes
Senvion, a global manufacturer of wind turbines, has recorded one of the strongest first quarter order intake ever in the first three months of 2018. This was mainly driven by solid business in new markets, such as Australia and India. Senvion posted EUR 256 million in revenues the first quarter 2018. The main reasons for…
Senvion leads Innovation-Consortium Development of 10+ MW offshore wind turbines
As of May 2018, and for the next three and a half years, Senvion will lead the implementation of ReaLCoE, a pan-European R&D project funded by the European Commission within the Horizon 2020 program. The ReaLCoE project serves the strategic mission to develop the “Next Generation 10+MW rated Converters for Clean, Low Cost and Competitive Electricity.” The team with Senvion…
Senvion has hit its 2017 financial targets
Senvion’s product philosophy is driven by a high level modularity – with a clear roadmap to improve LCoE significantly over medium term. The turbines are more competitive, optimized for the specific projects and offer a region specific product fit. For 2018, Senvion has new products in the pipeline that will further expand its product portfolio.
Senvion secures turbine contract for Japan wind farm
Senvion, a manufacturer of wind turbines, has signed a contract to supply and service seven Senvion 3.4M104 turbines for the Wakami Wind Farm developed by Japan Wind Development Co. (JWD) and Mitsui Engineering & Shipbuilding Co. (MES). The turbines have a hub height of 80 meters and have been specially designed to ensure the wind…
Senvion wins 30-MW EPC project from Engie
Senvion, a global manufacturer of wind turbines, has been awarded a 30-MW onshore wind project from Engie – a clean energy company, to deliver the Tithwa Project (won through Gujarat state competitive reverse auctions), as a sign of growing emphasis on renewable energy in India. “Engie’s decision represents another milestone in the successful globalization strategy…
Senvion wins EPC project from ReNew Power
Senvion, a manufacturer of wind turbines, has been awarded a 101,2-MW project from ReNew Power – one of India’s clean energy companies. “ReNew’s contract award demonstrates both Senvion’s technological leadership as well as our rigorous geographic expansion,” said Jürgen Geissinger, CEO of Senvion. Entering the high volume Indian market proves that we offer the right solutions…
Senvion wins 100mn+ deal with full EPC scope in Australia
Senvion, a global manufacturer of wind turbines, has signed a contract with Pacific Hydro to deliver the Crowlands Wind Farm north of Ararat in Victoria in a sign that investor confidence in renewable energy is strong in Victoria. The project will comprise 39-MM92 wind turbines, which will produce enough clean energy to supply the power…
OEM Senvion installs lucky number 7,777
The Senvion 3.2M122 is part of the 38.4 MW project Kerkow-Mürow-Landin, developed by Teut Windprojekte GmbH and has recently been installed.
Senvion-led collaboration project submitted for Horizon 2020 funding
Senvion, a global manufacturer of wind turbines, submitted an application for a Horizon 2020 proposal to the European Commission in collaboration with partners throughout the value chain of the offshore wind energy sector. The project proposal is triggering hundreds of millions of Euros of investment into the European clean tech sector. With the “ReaLCoE” project,…
Senvion results in line with 2017 financial guidance
Senvion posted revenues of € 1,309 million in the first nine months of 2017, a decline of 10% in a challenging market environment.
Senvion to install its 3-MW units at Australia wind farm
Senvion, a global manufacturer of wind turbines, has been issued a notice to proceed under a contract to install the first 35 turbines of the 59-turbine Lincoln Gap wind farm in South Australia. The Lincoln Gap wind farm will feature the Senvion 3.6M140 EBC turbine, which will be the first from Senvion’s 3-MW range to…
Senvion 3.XM series set to receive generators from CRRC ZhuZhou Electric
Senvion, a leading global manufacturer of wind turbines, has signed a framework contract with its supplier CRRC Zhuzhou Electric (a primary subsidiary of CRRC Group) at the China Windpower fair in Beijing. The contract covers the delivery of generators for the NES based Senvion 3.XM series. It foresees that CRRC will provide a minimum of…