China drops renewables subsidy mechanism in favour of CfD-style system
China is cutting subsidies for renewable energy projects and moving to a payment mechanism similar to the contracts for difference
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Wind Energy
Danish renewables major Ørsted turns slim profit in ‘challenging’ 2024
Danish renewable energy major Ørsted turned a slim profit in 2024 but announced sweeping plans to cut its investment programme
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Plan unveiled for US west coast offshore wind transmission
The US government released its action plan for offshore wind transmission development in the US west coast region on 16
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Offshore wind power yield from German North Sea up 8% in 2024
In total, 20.8TWh of offshore wind power was supplied from the German North Sea last year, up from 19.24TWh in
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New South Wales transmission progress could unlock new wind capacity
The Hunter transmission project is critical for NSW’s energy security, involving a new high-voltage power line that will transport wind
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Wind turbine maker Vestas ‘profits surge amid ‘relentless focus’ on ‘value over volume’
Danish wind turbine maker Vestas’ profits surged in 2024 as it focused on “value over volume” – selling turbines at
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UK offshore wind at risk of curtailment without more storage – RenewableUK
UK offshore wind power is at risk of curtailment unless more energy storage capacity is deployed, according to a report
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Mitsubishi reviews 1.7GW offshore wind off Japan as costs bite
Japanese conglomerate Mitsubishi is reviewing its business plans for offshore wind in its home market due to “material changes in
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Denmark scraps 3GW offshore wind tender and plans new round
Denmark has cancelled an ongoing 3GW offshore wind tender, and unveiled new plans instead for a future 2-3GW auction backed
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Danish renewables major Ørsted replaces Mads Nipper as CEO amid financial struggles
Ørsted has replaced Mads Nipper as its CEO as the Danish renewables major remains mired in prolonged financial difficulties. by
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Shell withdraws from US Atlantic Shores offshore wind project
Oil major Shell has announced its withdrawal from the Atlantic Shores offshore wind farm in the US as it scales
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