Sunak asked to pause Scottish Mingyang turbine facility
UK Prime Minister Rishi Sunak has been called on to pause and review the developed of a potential turbine facility in Scotland being developed by Mingyang Smart Energy (LON:MYSE).
UK Prime Minister Rishi Sunak has been called on to pause and review the developed of a potential turbine facility in Scotland being developed by Mingyang Smart Energy (LON:MYSE).
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.
The Health and Safety Executive (HSE) has issued a notice to offshore and onshore wind developers after a turbine technician was injured by a service lift.
Henrik Andersen is no stranger to crisis. A decade ago turbine maker Vestas Wind Systems A/S (CPH:VWS) was in trouble when governments pulled back subsidies for renewable power.
The approval of the Green Volt floating offshore wind farm has raised concerns regarding the lack of a Scottish state energy company, with the Japanese and Italian governments set to benefit through stakes in its developer Flotation Energy.
The North Sea Transition Authority (NSTA) has introduced a new clause for oil and gas licences which overlap with offshore wind leases.