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,...
Wind
Global wind capacity installed hits record 117 GW in 2024: GWEC
2024 was a record year for wind energy, with 117 GW of new capacity installed globally, The Global Wind Energy Council (GWEC) said in...
Wind
The chilling effect of halting Empire Wind 1 on the offshore wind industry
The Donald Trump administration’s abrupt decision to halt Equinor’s Empire Wind 1 project, despite it being fully permitted and already under construction, marks a...
Wind
Siemens Energy posts 52.3% increase in orders to €14.43 bn
Siemens Energy demonstrated robust financial performance in the second quarter of fiscal year 2025, surpassing market expectations across multiple metrics and prompting the company...