in News Departments > People
print the content item

Han Junliang, chairman of China-based Sinovel Wind Group, is stepping down, Bloomberg reports.

Wei Wenyuan, president of the company and vice chairman of its board, will replace Junliang. Although Sinovel says Junliang is leaving for personal reasons, reports suggest other factors may have been at play. Wenyuan had already replaced Junliang as president back in August of last year because shareholders were reportedly dissatisfied with Junliang's performance.

Sinovel's net profit plummeted in the first half of 2012. Since 2011, the company has been entwined in legal battles with AMSC, which accused Sinovel of intellectual-property theft.



Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015