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the industry is barely adolescent, but the media already makes teenage angst newsworthy. With an ET connection. (from Bloomberg)

Offshore Wind Slump Means No Firm Orders For GE, Siemens


One unconditional order was made, for 216 megawatts, 75 percent less than in the same period of 2011 and the worst start for a year since at least 2009, according to preliminary data from MAKE Consulting, a Danish wind-energy adviser. Vestas Wind Systems A/S (VWS) of Denmark, the largest manufacturer, won the contract while Germany's Siemens AG (SIE) was among those shut out.
....
"The industry in Germany has been frozen for a few months because of grid issues," said Jerome Guillet, the Paris-based managing director of Green Giraffe Energy Bankers, which advises on offshore wind projects. In the U.K., there's a "lull" as the government moves to a new round of contracting, he said.
....
(reality, Ed.)
Most U.K. and German projects have reserved turbines needed through 2015, though with conditions, said Robert Clover, research director at MAKE.

ALL of the "problems" addressed in the article are being worked on with full attention, from financing to cable production. But you can't expect the media to understand teenagers.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Jul 17th, 2012 at 04:09:13 PM EST
Full on media press... headline Spiggle Doubts



"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Jul 17th, 2012 at 04:48:58 PM EST
[ Parent ]
2012/H1 statistics are out and the tone is rather upbeat.

I wrote the financing section, which is actually mostly full of good news.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Wed Jul 18th, 2012 at 06:53:32 AM EST
[ Parent ]

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