Aussie renewables developer Windlab Ltd (ASX:WND) has started a review of its strategic options in an attempt to close the gap between its stock price and the board’s view on the underlying value of its assets and operations.
-- Titan Wind buys Ambau plant to make offshore wind turbine foundations
Chinese onshore wind tower maker Titan Wind Energy (Suzhou) Co Ltd (SHE:002531) is to start a new business line of making foundations for offshore wind turbines after acquiring a production facility in the German town of Cuxhaven.
-- Suzlon loses Vestas' backing and withdraws offer to lenders - report
Denmark’s Vestas Wind Systems A/S (CPH:VWS) has backed away from the debt-resolution plan for Suzlon Energy Ltd (BOM:532667), thus forcing the troubled Indian wind turbine maker to withdraw its repayment offer to lenders, Bloomberg reports.