This week in business news, Allete is going private in a $6.2B deal, Aeris suffers from financial struggles, and Vestas secures 6, 000 MW in new orders during Q4.
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Welcome to Uptime News Flash. Industry news lightning fast. Your hosts, Allen Hall, Joel Saxum, and Phil Totaro discuss the latest deals, mergers, and alliances that will shape the future of wind power. News Flash is brought to you by IntelStor. For market intelligence that generates revenue, visit www.intelstor.com.
Allen Hall: First up, the U. S. Federal Energy Regulatory Commission has given its approval for a 6. 2 billion acquisition of Allete. The buyers are the Canadian Pension Plan Investment Board and Global Infrastructure Partners. The company brings significant renewable assets to the table, including Minnesota Power and Allete Clean Energy, which operates over 1, 300 megawatts of wind capacity across seven states.
Now, Phil, this has been going on for several months now, but it looks like it’s finally climbed that last rung in that ladder to become a private company again.
Phil Totaro: Yeah, which I think is interesting and important given who the investors are. Keep in mind that GIP just got gobbled up by BlackRock. And the Canadian Pension Plan Investment Board has been making, you know, boatloads of investments around the world.
Not only in Canada. Companies like this, but also individual assets where they are a usually minority but co owner so this is giving them the diversity, it’s giving BlackRock and, you know, through GIP you know, more assets in their portfolio, which they, you know, they’re obviously making a concerted effort and it’s, it’s part of their strategy to you know, to build up that, that pipeline.
So this is, I believe You know, a total of 1. 3 gigawatts of operational wind with substantially more in, in the pipeline. So, you know, it’s a great thing to, to see this happen and, and usually in a take, in a go private deal The reason you want to do that is to kind of sort out some of the financials and, and there’s an opportunity that they could, you know, re IPO Allete at some point.
I like the move because
Joel Saxum: Allete is a, you know, they’re not a huge wind operator, but Clean energy, but I know that they’ve got ambitions to do some more development. So we are bringing in fresh capital. Also Allete’s headquarters in Minnesota power is up in Duluth, Minnesota, which is a small town of about 80, people.
And this will bring some hope, hopefully bring some jobs in up there and a little bit of an expansion.
Allen Hall: Down in South America, Brazilian wind blade manufacturer Aeris has approached its creditors seeking a 60 day extension on upcoming interest payments.
The company’s financial strain stems from a slowdown in new wind turbine contracts. Leading to mounting pressure on its balance sheet. Now, current financials show a concerning picture with net debt reaching about 550 million reales and a debt to EBITDA ratio of 3. 2. Joel, Sonoma has made acquisition efforts towards Aeris for the last couple of years.
Do those offers become more serious on Aeris part as they run into some financial difficulty?
Joel Saxum: I think Aeris as a company has to turn to Sonoma as a more and more possible outlet. It just reminds me of a game of Monopoly I played at one point in time where I was trying to buy some houses and every time I came around to the houses that I wanted, The person who was holding them, they got a little bit more expensive.
And the game of Monopoly didn’t end as well as I wanted it to. But at this point in time, Iris uh, more than likely, I mean, this is, this is public knowledge approaching creditors for the 60 day extension there. That just signifies pain, right? And when pain is there, and the the Pain reliever is knocking on your door, sometimes you answer.
Phil Totaro: And, and just keep in mind what’s going on in the Brazilian market at this point and, and potentially why they’re, they’re in this situation. You know, they had orders with a number of different manufacturers, and those manufacturers have pulled back or pulled out of the market entirely. And the order book that they’ve got in Brazil is robust, but a lot of it’s very far in the future.
So it’s, it’s making for a bit of a short term challenging situation for them. And there are potentially several outlets they can avail themselves of to you know, to get back to a strong financial picture. And, and the Brazilian market, frankly, really needs to get back to, uh, you know, to doing more auctions and, and tenders for you know, additional power offtake.
And, and really start. Getting back on the horse.
Allen Hall: Vestas has secured over 6, 000 megawatts in new orders during the fourth quarter of 2024, spanning multiple continents. Now the U. S. is a big landing spot for a number of Vestas turbines and Europe also. So Vestas is spreading its wings a little bit. 1000 megawatts is a pretty substantial total.
It’s not the highest they’ve ever had in a particular quarter, but it is a strong quarter for Vestas, right, Phil?
Phil Totaro: Yeah, and it totals out to with the addition of all their offshore sales or order book that they took in 2024 to about 16 gigawatts. For the whole year, so it’s a, it’s a pretty, you know, decent, you know, slate of orders where, you know, in the U.
S. in particular, they, they’ve got a bunch of new orders for the V163 4. 5 which really seems like that’s starting to take off. We’ve calculated they’ve got about 2. 8 gigawatts worth of order book now for that turbine globally. With a bunch more that we’re expecting to be announced here in, in 2025.
So, you know, they’re, they’re doing pretty well with a brand new product platform and certainly their, their offshore orders as well for the V236.
Joel Saxum: Something to keep in mind with Vesta is when you see these new order numbers coming out from them, one of their strategic standpoints, they’re going to is to offer service packages with these turbines.
So depending on geography and where they’re at, some of these come with a 25 year FSA. So that is a lot more booked revenue for the future for them. That being said, since the new year, their stock is up about 6%. That looks good on Vestas.
https://weatherguardwind.com/allete-private-aeris-financial/
Renewable Energy
Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request
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Grid Infrastructure -
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Press Releases
Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request
WASHINGTON, D.C., August 6, 2025 – The American Clean Power Association (ACP), American Council on Renewable Energy (ACORE), and Advanced Energy United, released the following statement after submitting a joint rehearing request to urge the Department of Energy (DOE) to reevaluate their recent protocol issued with the stated goal of identifying risk in grid reliability and security:
“As demand for energy surges, grid reliability must rely on sound modeling, reasonable forecasts, and unbiased analysis of all technologies. Instead, DOE’s protocol relies on inaccurate and inconsistent assumptions that undercut the credibility of certain technologies in favor of others.
“Americans deserve to have confidence that the government is taking advantage of ready-to-deploy and affordable resources to support communities across the country. Clean energy technologies are the fastest growing sources of American-made energy that are ready to keep prices down and meet demand.
“Providing a roadmap that offers a clear-eyed view of risk is critical to meeting soaring demand across the country. The Department of Energy report missed the opportunity to present all the viable types of energy needed to address reliability and keep energy affordable. We urge DOE to reevaluate and enable those charged with securing and future-proofing our grid to meet the moment with every available resource.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request appeared first on ACORE.
https://acore.org/news/joint-statement-from-acp-acore-and-aeu-on-doe-grid-reliability-and-security-protocol-rehearing-request/
Renewable Energy
5 Ways To Finance Your Solar Panels In Australia
Renewable Energy
Proactive Inspections: How CICNDT Is Changing Blade Inspections and Reliability
Proactive Inspections: How CICNDT Is Changing Blade Inspections and Reliability
Wind turbine operators are entering a critical new era: longer turbine lifespans, aging assets, and tighter repowering timelines driven by policy shifts like the Inflation Reduction Act. In this evolving landscape, blade reliability is paramount — and Jeremy Heinks, founder of CICNDT, is on a mission to change how the industry approaches it.
In a recent episode of the Uptime podcast, Heinks spoke candidly about the current gaps in non-destructive testing (NDT) in the wind sector and how CICNDT is addressing them.
What Operators Are Finding – and Missing
Operators who have used CICNDT’s services are starting to understand the power of pre-installation blade inspections. One customer who brought in CICNDT for a sample check of brand-new blades discovered unexpected problems: “The sample showed that they have an issue with these brand-new blades,” he said.
Unfortunately, with the push to deploy stored or newly manufactured blades more than ever, quality issues remain a concern. Heinks and the CICNDT team have noticed an uptick in problems in recent months.
“The quality is definitely down,” he said.
NDT at this stage is not just convenient, it can catch issues before they turn into costly downtime.
When blade inspections show damage that occurred in the factory due to manufacturing issues, or in transport, it’s bad news, but good timing. The best time to fix the blade (and address warranty issues) is prior to installation.
“It is much easier for us to get the technology and the personnel to a blade that’s on the ground, ” Heinks said. “It’s cheaper, it’s quicker… It always comes down to access.”
Legacy Blades, Mystery History
The concern about hidden problems extends to stored blades, many of which have unknown histories. In one case, blades had been stored in a location that had flooded years prior.
“We get out there, we’re scanning laminates… and it just [gave] terrible signal,” Heinks said. Only after researching the site’s history did they learn about the submersion event. “Those are things you’ve got to look at, too.”
Even weather events like high winds can compromise blades on the ground: “They’ll start fluttering in ways they’re not designed to,” Heinks said. “NDT is the only way you’re going to figure out if something is really wrong with them.”
A Modern Toolbox for Deep Inspection
CICNDT’s new lab in Ogden, Utah is outfitted with high-end inspection capabilities rarely seen in the wind industry, yet those tools are commonly used in aviation and defense. The company’s mission is to deliver focused, practical, robust Non-destructive Testing Solutions that address the needs of clients in Aerospace, including the Space Industry, and Renewable Energy.
“We’ve got… robotic CT, laser ultrasound, thermography,” he said, explaining that those technologies allow 3D inspection of components without destruction. “We can scan it and get a 3D image… without having to (enlarge or) damage the defect,” Heinks said.
The approach gives operators unprecedented clarity about issues like bonding flaws, root defects, or main spar cracks, especially in carbon fiber designs.
Blade Bolts: A Hidden Failure Point
Cracked blade bolts is another emerging issue that Heinks noted, and it’s another that CICNDT is well-equipped to address.
“We can definitely do a UT (ultrasonic) blade inspection… Whether it’s installed or not installed on the bolts,” Heinks said. He also mentioned development of a bolt monitoring system using sensors to track fatigue over time.
Critically, this type of proactive check could be performed quickly onsite.
Practical Inspection Strategies, Cost-effective Maintenance
One recurring theme in the interview was the need for practical expertise, and not just using technology for its own sake. “A lot of really cool robotics [are] coming out… [but] they don’t have the experience needed… and therefore, they can miss the mark,” Heinks said.
The goal should be “a practical approach to the inspection with automation.”
CICNDT also offers to train operators to perform “operator-level inspections” so issues can be flagged quickly before calling in a Level II or III technician.
Future-Proofing Wind Assets
With the U.S. wind fleet aging and uncertain repowering timelines, proactive inspections are more important than ever.
“We have a throwaway attitude when it comes to blades,” Heinks said, “but inspection and preventive maintenance is the way to go.”
He pointed to the example of wind farms in Australia and on remote islands, where turbines are expected to run for 30 years or more.
The key to longevity, according to Heinks? It’s plain common sense.
“Budget for more inspection on these things that we know will go bad over time.”
Heinks added that after repairs are made is also an important, and often-overlooked, line-item.
“Post inspection on repairs is always a good idea… It’s commonplace in aviation.”
The Bottom Line: NDT = More Uptime
Wind turbine operations managers should rethink inspection practices before damage becomes downtime. With tools like robotic CT, laser ultrasound, and ultrasonic bolt testing, CICNDT brings aviation-grade diagnostics to wind, and offers a path to asset longevity.
“Sometimes (operators) have had turbines offline for weeks, if not months, because they have an issue they don’t know they can do anything about,” Heinks said. NDT can ‘see’ the problem so a fix can be made – and the equipment can get back in service.
More Uptime is always the goal!
To reach CICNDT:
Call (801) 436-6512 or email info@cicndt.com
Listen to the interview Apple Podcasts or on Spotify
https://weatherguardwind.com/proactive-inspections-how-cicndt-is-changing-blade-inspections-and-reliability/
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