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GE Vernova sees ‘better days ahead’ with wind business ‘profitable in 2025’

GE Vernova sees its wind power business being profitable “in totality” in 2025 as it cuts costs, sim...

UK hands offshore wind auction £800 million boost but trade body slams missed opportunity

Over £1 billion has been announced by the UK government for the country’s upcoming contract for diff...

Red Sea crisis 'impacting our profitability' — Nordex CEO

The Red Sea crisis is impacting Nordex's profitability by causing costly delays to project developme...

Japan brings 300MW of new wind online in first weeks of 2024

The first few weeks of 2024 have seen a flurry of activity in the Japanese wind sector, with almost ...

Ørsted partner Eversource sees $1.6 billion hit on for-sale US offshore wind farms

New England utility Eversource Energy expects to take a hit of up to $1.6 billion on three US offsho...

Equinor and BP scrap New York offshore wind power deal amid cost pressures

Equinor and BP are looking for new offtake opportunities after agreeing with New York to cancel the ...

German wind sector ‘positive’ after final onshore tender of 2023

The German wind sector is “positive” after nearly 2GW of projects secured contracts in the country’s...

France awards nearly 1GW onshore wind across 54 projects

France has auctioned 931MW of new onshore wind capacity with 54 successful projects announced in its...

Markbygden wind farm owners hit financial trouble with power deal

The owners of the 650MW Markbygden project in Sweden – part of Europe’s largest onshore wind complex...

Siemens Gamesa scraps plans for US offshore wind blade factory

Siemens Gamesa has scrapped plans to build one of the US’s first blade manufacturing facilities for ...

Colombia unveils plans for first offshore wind tender

Colombia has announced details of its inaugural offshore wind tender as it prepares to start pre-qua...

US wind installations down 77% in Q3 – American Clean Power Association

US onshore wind installations declined 77% in the third quarter of 2023 compared to the same period ...

BP takes $540 million hit on US offshore wind projects

Oil major BP has recorded a $540 million impairment related to its offshore wind projects off the US...

Equinor takes $300 million hit on US offshore wind projects

Norwegian oil major Equinor took a $300 million hit on its offshore wind projects off the US north-e...

Colombia’s first wind farm to be dismantled

Colombia’s Empresas Públicas de Medellín (EPM) will dismantle the country’s first wind farm after de...

Developing new turbine platform ‘could keep Siemens Gamesa from onshore wind market for 18 months’ – Deutsche Bank

Siemens Gamesa would likely be kept out of the onshore wind market for more than 18 months if it is ...

Higher costs continue to hit North American wind

Wind developers in North America continue to face growing costs, with higher prices in financing, in...

Germany's onshore wind tender falls short again – but 'upward trend continues'

Successful bids once again fell short of the total capacity on offer in Germany's latest onshore win...

Offshore wind developers avoid renewables tender in 'huge wake-up call' for UK

No offshore wind projects were awarded power deals in the UK’s latest contracts for difference (CfD)...

Massachusetts launches inflation-indexed 3.6GW offshore wind tender

Massachusetts has launched a 3.6GW offshore wind tender that allows developers to have their bids in...