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LM Wind Power cuts French blade production after 'technical incident'

A 'technical incident' at LM Wind Power's factory in Cherbourg, France, has prompted the blade maker...

GE Vernova to cut jobs at LM Wind Power subsidiary

GE Vernova has confirmed plans to cut jobs at its wind turbine blade manufacturing subsidiary LM Win...

‘Climate imperative’ helps wind’s business case despite high interest rates – finance experts

The wind industry must focus on high-quality projects and stable markets as it grapples with “sky-hi...

RWE expanded earnings in 2023 but expects fall in 2024

Higher earnings from wind help boost German utility's overall earnings in 2023, but RWE expects fall...

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...

EDF to pay regulator for breaching wind farm curtailment rules

EDF Renewables is due to pay £5.53 million (€6.45 million) after UK energy regulator Ofgem found it ...

Red Sea crisis 'impacting our profitability' — Nordex CEO

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

Wind turbine maker Nordex narrows losses and 'stabilises operations' in 2023

German turbine manufacturer Nordex narrowed losses to around €290 million in 2023 as it reported inc...

Engie takes big hit on Nordex turbines at US wind farm

French utility Engie took a €714 million ($772 million) hit on US renewable energy assets last year,...

Danish renewables major Ørsted ‘must navigate significant risk after horror 2023’ – analyst

Danish renewables major Ørsted continues to face “significant” short-term risks after emerging from ...

Interview: Wind turbine ‘arms race’ must stop – Henrik Stiesdal and Andrew Garrad

The ‘arms race’ of ever-larger, more powerful wind turbines must stop, industry pioneers agreed – th...

‘Considerably better times ahead’ for wind turbine maker Vestas after profit return – analysts

Analysts see a bright future for Vestas after the turbine maker confirmed a return to annual profits...

Danish renewables major Ørsted cuts jobs and targets, exits markets after ‘extensive review’

Ørsted has slashed its installed renewables target, announced a series of job cuts, and pulled out o...

Wind turbine maker Siemens Gamesa narrows losses but quality issues persist

Siemens Gamesa's parent company reported narrowing but continued losses in its Q1 financial results ...

Vattenfall profits surge in 2023 despite lower electricity prices

Vattenfall saw its net profits surge in 2023 despite lower electricity prices hitting its operations...

Troubled wind turbine maker Siemens Gamesa’s losses narrow

Siemens Gamesa narrowed its losses in the first quarter of its fiscal year (1 September-31 December ...

Wind turbine maker GE Renewable Energy records billion-dollar loss for 2023 – but flags ‘sizeable improvement’

GE Renewable Energy recorded a $1.4 billion loss in 2023 – a deficit significantly lower than the pr...

Vestas to use 'low-emission steel' for wind turbine towers

Danish turbine maker Vestas plans to incorporate low-emissions steel into its production in an effor...

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...

Electrolyser supplier more than triples annual profits

Thyssenkrupp Nucera more than tripled its profits in its 2023 financial year (ending 30 September) a...

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