Vestas and Fortum ‘lost significant amounts of money’ in arbitration – legal expert
The settlement may also have had high-level political support, according to Tsegaye Laurendeau, a partner at Signature Litigation. “Both companies
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Wind Energy
BP mulls selling minority stake in offshore wind — reports
Referring to anonymous sources with knowledge of the situation, the Reuters news agency reported on Friday (18 October) that the
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Dominion Energy Virginia to add 3.4GW of offshore wind capacity in 15 years
Dominion Energy Virginia plans to add an additional 3.4GW of offshore wind within 15 years in part to meet burgeoning data
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Germany outlines ‘level playing field’ plan to protect European wind sector
The German government has drawn up an action plan to ensure a “level playing field” and create value in the
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J-Power unveils ‘earthquake-proof’ foundation design for Japanese offshore wind
Japanese utility J-Power has unveiled designs for a new offshore wind turbine foundation it claims can withstand earthquakes and be
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Denmark sets 2025 tender date for next offshore wind sites
The Danish Energy Agency has set a 1 April 2025 bid deadline for two 1GW offshore wind sites to be
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Video: ‘Gamechanger’ O&M robot successfully tested on offshore wind turbine in Scotland
Robotic solutions firm Aerones has successfully tested a robot to carry out inspections of an offshore wind turbine at a
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Ørsted drops wind-powered green fuels projects in Denmark
Ørsted said it was withdrawing from the Danish government’s ‘Green Fuels for Denmark’ project as well as a smaller 2MW
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Vestas and Fortum settle arbitration over scrapped Russian wind turbine deals
Vestas and Finnish state-owned energy company Fortum have settled their €200 million-plus arbitration related to wind power projects in Russia,
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Suzlon wins ‘record’ wind turbine deal to power Indian steel plants
Suzlon is due to supply 400MW of wind turbines to power Indian steel plants, claiming the order is India’s largest
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Deutsche Bank raises target share price for wind turbine maker Nordex amid strong market outlook
Deutsche Bank analysts have raised their target price for Nordex as the manufacturer’s wind turbine installations are expected to rise
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