Focus on Offshore Wind
Vestas cuts hundreds of jobs on UK’s Isle of Wight
Vestas is switching from making offshore blades to smaller, onshore blades, which will only sustain 300 jobs at the site, it said.
GE Vernova cautious about wind sector as gas business soars
GE Vernova resumes wind turbine work but remains cautious, forecasting losses and shifting focus amid industry challenges.
Fact check: Many UK wind power auctions set prices below the current market price
There is an auction every year to allow generators of renewable energy to bid for contracts under the British scheme.
Denmark disappointed after offshore wind tender draws no bids
Danish Energy Agency says it will consult with market participants to understand why there were no bids on its offshore wind farm tender.
Equinor and Shell to create the UK’s largest independent oil and gas company
Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell UK Limited, a subsidiary of Shell plc (LSE:...
Shell slows investments in offshore wind, splits power business
Shell scales back new offshore wind investments, splits power division to cut costs, and boosts focus on oil and gas.
TotalEnergies to buy German renewables developer VSB for $1.65 billion
TotalEnergies to buy German renewables firm VSB for €1.57B, boosting its wind, solar, and battery projects in key markets.
Baltic Sea wind farms impair Sweden’s defence, says military
The government said the towers and rotating blades of wind turbines emit radar echoes and generate other forms of interference.
How public funds are being used to lure private dollars in race for climate financing
Blended finance could help bridge the climate funding gap by attracting private sector investment.
Less offshore energy decommissioning work carried out in UK last year despite higher spend
UK decommissioning spend rose to £1.7bn in 2023, but well closures fell nine per cent, with resource clashes and cost inflation stalling progress.
