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Iberdrola increases investment in offshore wind and transmission in key markets

Iberdrola will invest more than 50% of its €15.5 billion gross renewables budget to 2026 on offshore...

Financial results | Narrowed market focus | Turbine arms race | Geopolitics

Welcome to the ‘Wind Power’ news review – hosted by Windpower Monthly’s editor, Claire Warren, and d...

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...

Iberdrola launches $2.5 billion bid for total control of US subsidiary Avangrid

Spanish utility Iberdrola is attempting to buy the remaining shares in its Avangrid subsidiary, whic...

Ørsted ‘leaves problems with old US projects’ behind with Sunrise Wind win – analyst

Ørsted should not face any further large-scale write-downs after lining up a new offtake agreement f...

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...

‘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 sells Norfolk offshore wind zone to RWE for €1 billion

Swedish utility Vattenfall is selling three massive offshore wind projects it has been developing in...

Ørsted makes final investment decision on Hornsea Three mega project

Ørsted has made a final investment decision (FID) on the Hornsea Three offshore wind farm currently ...

Copenhagen Infrastructure Partners targets 10GW renewables in middle-income countries

Copenhagen Infrastructure Partners (CIP) is looking to raise $3 billion to help finance more than 10...

German government seals multi-billion Siemens Energy guarantees deal

The German government has confirmed it will provide Siemens Energy with €7.5 billion in guarantees a...

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 Energy ‘reaches provisional deal’ for German government guarantees – report

Siemens Energy has reached a provisional deal for billions of euros in project-related guarantees fr...

Analysis: Do Bill Gates-backed firm's plans for 'unique, cheaper, smaller' wind power add up?

A US startup backed by Bill Gates aims to develop a unique wind power system for utility-scale deplo...

Updated: Ørsted share price crashes by a quarter in 24 hours

Danish renewables developer Ørsted saw its share price slump by over 25% over the course of 24 hours...

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...

Siemens Energy ‘does not need state money’ – chairman

Siemens Energy does not need money from the German government amid difficulties at its wind turbine ...

Siemens Energy’s wind woes prompt German government talks

Siemens Energy has confirmed it is in talks with the German government and other stakeholders about ...

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