The government made the Round 5 awards in October 2021. Red Rocket reached financial close on the plans in November 2022. Absa and Standard Bank were mandated lead arrangers for the project financing.
A new report from Moody’s finds that wind turbine manufacturers are struggling with margins, despite buoyant long-term forecasts for the sector.
Vestas has unveiled a crucial new technology that could put an end to decommissioned wind turbine blades being sent for scrap.
Global Port Services has confirmed the award of multiple contracts in support of the Seagreen wind farm, securing over 100 jobs and marking its first major awards since the opening of a new quayside space.
Half of the turbines are now in place at what will soon become Scotland’s largest offshore wind farm, as the construction of Seagreen continues off the Angus coast.
Panellists at a floating wind event in Aberdeen said the sector was ready for commercial deployment but must now work to get projects in the water lest the UK lose its valuable head start.
Inch Cape Offshore has appointed the Danish Vestas as the preferred wind turbine supplier for the 1.1 GW Inch Cape Offshore Wind Farm in Scotland.
Danish wind turbine giant Vestas is to spin off its converters and controls business to help support its strategic foucs.
Vestas has blamed rising energy prices, supply chain disruptions and inflation for a reduction in profits last year.
Turbine manufacturer Vestas has set out the ongoing challenges in the business environment on its operations.
Wind turbine manufacturing giant Vestas (CPH: VWS) has been named as the most sustainable company in the world for 2022.
Building an additional 10GW of offshore wind capacity by 2030 is an important piece of the jigsaw puzzle that makes up Scotland’s plans to try to reach Net Zero. ScotWind will be ground-breaking both in terms of size and opportunity.
Marshalling operations for what will be Scotland’s largest offshore wind farm have kicked off in North East England.
Developers of Scotland’s largest offshore wind farm are celebrating after the final turbine at the project was successfully installed.
A leading figure behind a major Scottish onshore wind farm says he expects the development to deliver “exceptional” levels of productivity.
Danish wind turbine giant Vestas Wind Systems has revised its outlook for the year as it feels the sting of rising commodity prices.
SSE Renewables and TotalEnergies are celebrating the arrival of the first jacket superstructures for what will be Scotland’s largest offshore wind farm.
Some of the biggest names in renewable energy are calling on the leaders of the Group of 20 nations to take action to speed up the deployment of green power to prevent dangerous global warming.
RenewableUK has announced the results its latest annual board election, including two new members and one who has been re-elected.
There is a risk that offshore wind developers in “less favourable” markets could face a supply squeeze as global deployment accelerates.
The chance to take the first step on the career path in the renewable energy sector will be in the spotlight at an event this week.
A coalition of industry and academic leaders have developed a new technology to enable circularity for thermoset composites, the material used to make wind turbine blades.
One of the world’s biggest wind turbine makers Vestas Wind Systems A/S will hike its prices as the costs of steel and transportation increase amid a global commodities boom that’s contributing to a rising risk of inflation.
The future of the energy system belongs to our children, grandchildren and all subsequent generations. But what we do now regarding climate change will determine the quality of that future.
Danish wind turbine maker Vestas - which last week announced it would build the world's largest offshore wind turbine - has appointed Purvin Patel as regional president Asia Pacific to bolster its presence and market position in the rapidly expanding markets in the region.