Wednesday, 26 March 2025

Focus on Vestas

FILE PHOTO: The logo for Orsted can be seen on the jacket worn by an employee as he talks to journalists during a visit to the offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessNewsOffshore WindPoliticsWind

Trump’s anti-wind policy hits European companies

European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in...

FILE PHOTO: U.S. President Donald Trump attends a news conference after his summit with North Korean leader Kim Jong Un, at the JW Marriott Hotel in Hanoi, Vietnam February 28, 2019. REUTERS/Jorge Silva/File Photo
BusinessElectricityIndustryNewsOffshore WindPoliticsWind

European wind stocks take beating after Trump calls turbines ‘garbage’

Wind power stocks drop as Trump vows to block new turbines, raising fears over U.S. renewable energy market shifts.

Land-based wind turbines spin in Atlantic City, N.J. on Sept. 18, 2024. (AP Photo/Wayne Parry)
AnalysisBusinessElectricityInfrastructureOffshore WindUtilitiesWind

Still unable to find equipment makers, New Jersey offshore wind project seeks 2nd delay

New Jersey's offshore wind project seeks a second delay due to ongoing challenges in securing turbine equipment amid market volatility.

Vestas manufactures wind turbine blades (Andrew Matthews/PA)
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsOffshore WindWind

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.

Climate FinanceElectricityNewsOffshore WindPoliticsWind

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.

AnalysisBusinessEconomyElectricityOffshore WindRegulationsTransmissionUtilitiesWind

Status update: UK offshore wind farms

The UK’s offshore wind farms are vital to its net-zero target, aiming for 50 GW by 2030 to power millions of homes and...

Republican presidential nominee former President Donald Trump gestures at a campaign rally at the Santander Arena.
BiodiversityElectricityEnvironmentNewsOffshore WindPolitics

Trump has vowed to kill offshore wind in the US. Will he succeed?

Trump vows to end offshore wind projects, but major companies brace for a fight, pledging cooperation with Congress.

FILE PHOTO: An offshore wind project in the German North Sea, owned by EnBW and Enbridge is seen in this handout image taken August 2021. Enbridge/Handout via REUTERS/File Photo
BusinessNewsPoliticsSolarWind

European clean energy stocks tumble as Trump wins presidency

European clean energy shares fell as Trump's election raised investor fears over U.S. renewable support and climate policy.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessElectricityEmissionsNewsSolarWind

US green power demand expected to grow regardless of election outcome

Demand for green power in the U.S. will rise regardless of the next president, say wind energy leaders Vestas and Orsted.

FILE PHOTO: A wind farm shares space with corn fields the day before the Iowa caucuses, where agriculture and clean energy are key issues, in Latimer, Iowa, U.S. February 2, 2020. REUTERS/Jonathan Ernst/File Photo
AnalysisEconomyElectionsElectricityOffshore WindPoliticsRegulationsSolarTradeWind

Analysis: Tentative green energy shoots at risk from US vote uncertainty

Renewable energy shares face uncertainty, with U.S. election outcomes impacting investor confidence and sector growth potential.

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