Starmer rows back from 100% clean power by 2030
Prime Minister Keir Starmer has diluted the wording of the UK’s clean power mission from achieving 100%, to a new goal to deliver “at least 95%”, clean energy by the end of the decade.
Europe
Norway’s oil and gas towns seeking UK collaboration on energy transition
Norway's oil and gas towns are seeking greater UK collaboration as they look to reinvent themselves for the energy transition.
Grid issues see 14% of Ireland’s wind power go to waste
Grid issues saw Ireland lose 14% of the electricity produced from wind so far in 2024, making it the worst year for energy wastage on record.
Vattenfall turns decommissioned wind turbine into tiny house
Swedish firm Vattenfall has unveiled a concept design which could see old wind turbines repurposed as a 'tiny house' in future.
GE Vernova says it may cut 900 jobs in offshore wind revamp
GE Vernova Inc. (NYSE:GEV) may cut about 900 jobs globally as it moves to shrink its offshore wind business.
Equinor to downsize renewables unit, begins talks with unions
Equinor ASA will downsize its renewables unit and is beginning discussions with unions regarding employees at the division.
Norway’s wealth fund marks €900 Million for CIP renewables fund
Norway’s $1.7 trillion sovereign wealth fund committed to invest €900 million ($1 billion) in Copenhagen Infrastructure Partners’ fifth flagship fund, the first time it will take an indirect stake for its unlisted renewable energy infrastructure portfolio.
Aker Ice cracks Arctic offshore windfarm vessel challenge
In June 2021, Team Renewable Arctic Finland launched a research call based on the need for ice research to better understand the sea ice loads affecting offshore wind farms.
Competition or cooperation: How Scotland and Norway can learn from their floating wind sectors
As the world’s leaders in floating offshore wind, Scotland and Norway are well-positioned to learn from each other to bolster their respective industries.
Technip, SBM Offshore form floating offshore wind JV Ekwil
Technip Energies and SBM Offshore have formed a 50/50 floating offshore wind joint venture, Ekwil.
Outdated planning system could see 76 Irish wind farms close
A new report by Wind Energy Ireland (WEI) has said that 76 wind farms are at risk of shutting down as they have reached the end of their planning permission lifetime, with the turbines set to be dismantled by 2030 if regulations aren’t updated.
Siemens Energy eyes biggest wind turbine to rival China
Siemens Energy AG (DE:ENR) has told customers it plans to produce its biggest wind turbine, potentially toward the end of the decade, as the company seeks to maintain its lead in one of the fastest-growing energy sectors.
Siemens Energy surges on wind unit turnaround, job cuts
Siemens Energy AG (FWB:ENR) shares jumped 14% after the company signaled its lucrative gas and electric grid businesses were no longer burdened by ongoing losses at its struggling wind-turbine unit.
Denmark starts its largest-ever offshore wind power tender
Denmark has kicked off its largest-ever wind power tender that will more than triple its offshore capacity by the end of the decade.
EU ramps up pressure on China’s green tech with wind probe
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
Vårgrønn names former Equinor renewables boss as new CEO
Vargronn will appoint former Equinor renewables boss and Aker Solutions executive vice president Stephen Bull as CEO.
Macquarie unit Corio Generation is leading $50bn investment in offshore wind
Macquarie Asset Management (ASX:MQG) is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away.
Scottish support for Chinese wind manufacturer could ‘undermine’ energy security
Support for a Chinese wind turbine manufacturer has drawn criticism, with commentators warning it could risk undermining Scotland’s energy security.
Germany’s €23bn green experiment to save its industrial economy
Europe’s largest economy is running a €23 billion ($24.9 billion) experiment to reach net zero by 2045 without destroying its energy-intensive industrial base.
China’s wind turbine makers extend dominance as Vestas, GE slip
China’s wind turbine manufacturers dominated global supply last year, riding the nation’s renewables installation boom as a contraction in the US and meager growth in Europe dented overseas competitors.
Norway delays floating wind plans on subsidy concerns
Norway is pushing back its timeline for a move into offshore floating wind parks as it deals with queries from the European Free Trade Association Surveillance Authority over state support for potential projects.
Norway picks bidders for first offshore wind auction
Equinor ASA, BP Plc and Shell Plc were among companies that were selected to take part in an auction for Norway’s first fixed-base offshore wind farm at a time when soaring costs are hampering the viability of the country’s 30 gigawatt wind ambitions.
Floating GoliatVIND project secures $192mn grant from Norway’s Enova
A trio of floating wind developers have received a major funding boost from Norway’s state enterprise for promoting energy transition.
Orsted seeks new equilibrium, outgoing COO Brown states
The offshore wind industry had been lulled into a false sense of security through cheap money and a deflationary services market, Orsted’s outgoing interim COO Andy Brown said today.
Who won rights to bid in Norway’s first offshore wind auction?
Norway has confirmed the final roster of five consortia bidding for acreage in its first major offshore wind leasing round.