South Korea's Daewoo Shipbuilding snaps up DeWind for $49m

clock • 1 min read

Shipmaker aims to be one of the world's largest wind turbine makers by 2020

South Korea's Daewoo Shipbuilding & Marine Engineering has acquired US wind turbine maker DeWind for $49.5m (£30m), in a deal designed to give the company access to the booming global market for renewable...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Iran War: Brits back renewables rollout over extracting gas to weather energy crisis
Energy

Iran War: Brits back renewables rollout over extracting gas to weather energy crisis

As attacks on fossil fuel infrastructure continue to drive up il and gas spikes, a snap poll finds voters favour generating more energy through renewables over trying to ramp up domestic gas production

Stuart Stone
Stuart Stone
clock 20 March 2026 • 3 min read
Europe's booming clean tech market tipped for rapid growth on back of energy crisis
Energy

Europe's booming clean tech market tipped for rapid growth on back of energy crisis

BloombergNEF confirms investment in Europe’s clean energy transition jumped 19 per cent last year to record levels, with further gains expected if the Iran conflict persists

James Murray
James Murray
clock 19 March 2026 • 4 min read
Middle East conflict sparks surge in solar enquiries from British households
Energy

Middle East conflict sparks surge in solar enquiries from British households

Data from Octopus Energy shows a spike in solar panel enquires, as households seek to shield themselves against latest energy price shock

Amber Rolt
clock 17 March 2026 • 3 min read