GE Vernova defends Cypress wind turbine platform after series of failures
GE Vernova has defended its Cypress wind turbine platform after numerous reports of blades snapping and towers collapsing in the
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Wind Energy
North Sea countries plan synchronised tenders for nearly 100GW of offshore wind by 2030
Eight European countries have vowed to synchronise their offshore wind tenders in a bid to award about 15GW of capacity
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Ørsted looks to recover $300 million in Ocean Wind 1 fees
Ørsted is seeking to recover $300 million that has been tied up in an agreement and guarantee with the state
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US hydrogen firm warns it could go bust in 12 months
The integrated hydrogen production and delivery company is actively seeking new funding to cover capital expenditure and operating requirements. But
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New York set to launch new offshore wind tender to help struggling projects
New York plans to launch new tenders for offshore wind and onshore renewables later this month in a bid to
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National Grid ups capital spend on transmission infrastructure in UK and US
Meanwhile, in the US, “strong regulatory support is underpinning future growth” as several offshore wind connection projects move forward, the
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UK raises offshore wind prices after renewables tender failure
The UK government has raised the maximum price available for offshore wind contracts in next year’s renewables tender after failing
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‘Very painful’: Siemens Energy sees wind turbine unit breaking even in 2026 with strategy change
Siemens Energy expects its Siemens Gamesa wind turbine unit to break even in the 2026 fiscal year – two years
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Renewables growth helps RWE more than double profits
German utility RWE more than doubled its profits for the first nine months of the year after investing heavily in
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Analysis: Biden’s offshore wind targets in peril but will regulators or developers blink first?
President Biden’s administration has set a target of 30GW of offshore wind capacity installed by 2030. But Ørsted’s decision to
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Siemens Energy ‘reaches provisional deal’ for German government guarantees – report
Siemens Energy has reached a provisional deal for billions of euros in project-related guarantees from the German government and banks,
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