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.
Denmark has kicked off its largest-ever wind power tender that will more than triple its offshore capacity by the end of the decade.
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.
Vargronn will appoint former Equinor renewables boss and Aker Solutions executive vice president Stephen Bull as CEO.
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.
Support for a Chinese wind turbine manufacturer has drawn criticism, with commentators warning it could risk undermining Scotland’s energy security.
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 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 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.
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.
A trio of floating wind developers have received a major funding boost from Norway’s state enterprise for promoting energy transition.
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.
Norway has confirmed the final roster of five consortia bidding for acreage in its first major offshore wind leasing round.
The Equinor CEO said he had regular discussions with turbine makers on improving costs. “I’m sure that in time offshore wind will be back with lowering the levelised cost of energy.”
The European Union is shying away from further measures to protect its embattled clean-tech industry from cheap Chinese imports over concerns it could make it harder to source key components and raise the cost of the green transition.
The European Union issued its most ambitious climate roadmap just as the bloc is facing severe headwinds from angry farmers and an ailing industrial base increasingly alarmed about the high costs of a rapid green transition.
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”.