Jan 22, 2020
Oct 10, 2018
Siemens Gamesa's 25-year service contract for Norsk Hydro's longest-ever wind purchase in Sweden highlights an increasing appetite for long-term performance risk in the highly competitive operations and maintenance (O&M) market.
Sep 26, 2018
Larger wind projects can benefit from operations and maintenance (O&M) costs up to 60% lower than smaller facilities in the 4 to 10-year age period and economies of scale will become more widespread in the coming years, Mike McNulty, co-author of IHS Markit's new O&M cost report, told New Energy Update.
Sep 12, 2018
Vestas and Maersk are jointly developing a crane system which cuts installation and logistics costs for onshore and offshore farms and removes the need for seabed-based jack-up vessels, the companies told New Energy Insider.
Jul 25, 2018
MidAmerican's repowering of seven wind farms in Iowa will increase annual output by up to 28% and could provide over 20 years of revenues, a MidAmerican spokesman told New Energy Update.
Jul 11, 2018
Partial repowering in 2018 can offer double-digit returns but the step-down of tax credits will require greater efficiency gains from later projects, a new study has found.
Jun 27, 2018
Data analytics, economies of scale and supply chain buyouts are helping operators reduce spare parts risks deemed crucial to wind farm performance, a new report shows.
May 23, 2018
Onshore wind participants predict more revenue-sharing, digitalization and multi-project contracts in the operations and maintenance sector while service providers plan to expand spare parts capabilities, a new survey by New Energy Update shows.
May 23, 2018
Economic diversification and rising regional power needs are combining with plummeting wind costs but MENA policymakers must provide clearer long-term objectives to ensure local industry build-out, wind industry experts said at the MENA New Energy 2018 conference.