in News Departments > FYI
print the content item

Despite weakening demand in the fourth quarter, Zurich-based composites supplier Gurit managed to post a slight increase in revenue for fiscal 2012.

The company, which supplies composites used for infusion and prepeg blade technology, says demand came to a standstill, particularly in its U.S. market. Gurit also says it was negatively impacted from Asian wind markets that suffered from low levels of investment, overcapacity and price pressure.

Due to the extension of the production tax credit, Gurit expects its wind business unit to recover gradually over the course of the year.


Trachte Inc._id1770
Latest Top Stories

Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.

Renewable NRG_id1934
Navigant_id1983