Company Strategy

Spanish oil company Repsol plans to grow its “low-carbon energy generation” fleet from just over 1GW currently to 7.5GW by

Vestas has launched a new venture investment programme to accelerate the deployment of sustainable energy, greater electrification and create new

Enel aims to increase its consolidated renewables capacity by about one third in the next three years and  nearly threefold

Toshiba is planning to develop a “state of the art” wind turbine as part of its move away from coal

Investments in renewables will propel Iberola to 60GW of installed capacity in 2025, with 44GW achieved by 2022, the Spanish

Polish coal giant Polska Grupa Energetyczna (PGE) plans to develop a further 2GW of offshore wind capacity and 1GW of

Oil and gas major Shell plans to restructure its German business to invest in offshore wind and green hydrogen as

Shell and Microsoft have agreed to a “deeper” partnership to work together in reducing their and their suppliers’ carbon footprints.

Ørsted has looked beyond the power sector in selecting outgoing CEO Henrik Poulsen’s successor. Mads Nipper leaves Danish pump manufacturer

Ørsted has appointed group president of pump manufacturer Grundfos, Mads Nipper, as its next CEO. Nipper will replace the outgoing

Siemens Gamesa Renewable Energy (SGRE) plans to “prioritise profitability over volume” as new CEO Andreas Nauen seeks a huge margin