Wind-energy titan Orsted A/S (CPH:ORSTED) will pitch its strategic plan to investors this week, after a disastrous 2023 that saw a multi-billion-dollar writedown on US projects and the dismissal of two top executives.
Germany wants to accelerate the expansion of offshore wind energy by removing environmental impact assessments that sometimes delay projects.
Cable failure has struck a wind farm in the North Sea, but its “meshed grid solution has prevented an outage.
Europe’s offshore wind supply chain faces a herculean effort to build the infrastructure needed to meet the continent’s climate goals.
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
A new Baltic Sea wind farm that will power more than 1.5 million Polish homes is getting turbines made with greener steel that will cut their carbon footprint.
The European Union built a record number of new wind farms in 2023 but is still trailing its own targets for adding the renewable resource to its energy mix to reach its climate ambitions and cut reliance on Russian gas.
Vestas is still considering building an additional factory in the UK, potentially in Scotland, to help serve the UK market.
“There’s a twofold question for wind turbines of a larger nameplate capacity. Can they be installed? And what is a long-term sustainable market?”
The directorate had a "long, proud history as a resource authority with solid knowledge about the subsurface on the Norwegian shelf”.
Darren Hoadley wins compensation from employer Siemens Gamesa after losing his arm in a 2018 accident installing a wind turbine in the Belgian North Sea
Masdar head Al Ramahi said the Kyrgyzstan agreement marked a “new chapter for Masdar in our clean energy journey … we are glad to have the opportunity to bring the energy, passion and focus to hydropower that we have utilised for so many other renewable energy sources”.
Danish start-up will invest DKK 600 million towards a wind turbine recycling facility at the Port of Esbjerg.
Norway is betting that zeroing out emissions from oil production will help it meet internationally agreed climate targets while future-proofing an industry that’s made it one of the richest countries in the world.
Germany’s wind turbines are likely to produce near-record levels of power this week as strong gusts hit the country.
Aberdeen's OEG Energy Group makes fifth acquisition of 2023 as it continues renewables expansion push.
Seven consortia have submitted applications as part of Norway’s first offshore wind leasing auction, with strong interest from North Sea oil and gas majors.
Orsted A/S (CPH: ORSTED) has withdrawn from a partnership developing offshore wind projects in Norway as the company grapples with big losses resulting from rising costs.
Danish start-up Continuum has developed a world-first method of recycling wind turbine blades into composite building materials, and the company could potentially base its first factory in Scotland.
Norwegian energy firm DNV has completed the first phase of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector.
Vattenfall has awarded a NOK 6 billion (£438 million) contract to Aker Solutions for work on a 1.4 GW wind farm project under development off the coast of Norfolk.
Danish wind turbine manufacturer Vestas (DKK: VWS) has announced a return to profitability as it released its 2023 third quarter results.
Orsted A/S (CPH: ORSTED) shares slumped to their lowest level in six years after the Danish utility dropped two US wind projects and recorded 28.4 billion kroner ($4 billion) in impairments as the crisis in the wind industry is only getting worse.
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after warning of billions of euros in writedowns.
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.