Wind
Japan’s offshore wind sector – Facing headwinds, seeking lifelines
Japan’s offshore wind targets — 45 GW by 2040 — are under pressure as the sector faces rising costs, delays, and investor uncertainty. The government, recognizing these challenges, is...
Wind
Equinor and Polenergia plan $7.2 bn offshore wind farms in Poland
Equinor and Polenergia have made a significant step in advancing renewable energy in Poland by committing to the development of two offshore wind farms...
Wind
Denmark starts 3 GW offshore wind tenders to boost renewable energy
Denmark has announced the launch of offshore wind tenders with a capacity of 3 gigawatts (GW), enough to power approximately three million homes, according...
Wind
GWEC’s views on trends in wind turbine market in 2024
In 2024, wind turbine manufacturers installed a record 127 GW of new wind power capacity, with 23,098 units installed by 29 suppliers despite economic...
Wind
Vestas buys GE Vernova’s blade manufacturing facility in Goleniow, Poland
Vestas has acquired LM Wind Power’s blade manufacturing facility in Goleniow, Poland, from GE Vernova expanding its production network in Europe.
The financial terms of...
Wind
Siemens Energy Q2 FY-2025 revenue, order, wind turbine business
Siemens Energy reported a strong performance in Q2 FY 2025, with significant growth across key financial metrics.
Orders increased by 52.3 percent to €14.4 billion,...
Wind
Orsted Q1-2025 revenue, profit, strategic focus
Orsted said its operating profit (EBITDA) for the first quarter amounted to DKK 8.9 billion compared to DKK 7.5 billion in the same period...
Wind
Orsted to discontinue Hornsea 4 project in UK
Orsted has decided to discontinue the development of the Hornsea 4 project in the UK in its current form.
This decision follows a series of...
Wind
Vestas Q1-2025 revenue, wind turbine orders
Vestas Wind Systems delivered a solid performance in the first quarter of 2025 marked by significant revenue growth and improved profitability.
Vestas revenue rose 29.4...
Wind
Orsted sells 24.5% stake in West of Duddon Sands Offshore Wind Farm
Orsted announced its divestment of a 24.5 percent stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat for GBP 456.1...
Wind
RWE to halt offshore wind projects in United States
Germany’s RWE, one of the leading offshore wind developers globally, has decided to halt its offshore wind projects in the United States for now,...