The renewable energy sector is mindful of the threat posed by the end of cheap finance but believes there is enough resiliency among industry players to maintain a healthy market.
The chief executive of Spanish utility Iberdrola, Ignacio Galan, has warned of the prospect of financial disaster for the global renewable energy sector, reminiscent of the collapse of Enron.
Iberdrola has connected its 350 MW Wikinger offshore windfarm to Germany's grid, the Spanish firm announced today.
Iberdrola has completed the installation of all 70 wind turbines that comprise the 350 MW Wikinger offshore wind farm in the German waters of the Baltic Sea.
Iberdrola has installed the first wind turbine at the 350 MW Wikinger offshore windfarm in the German Baltic Sea.