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...

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...

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,...

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...

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...

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...

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...

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,...