Search Windpower Monthly

143 results

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...

US Treasury guidance boosts tax credits for offshore wind farms

The US Treasury Department has issued guidance that expands offshore wind farms’ access to tax credi...

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...

Alberta to ban new wind farms in much of the province as renewables pause ends

The provincial government of Alberta in Canada is seeking to ban the development of new wind farms i...

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,...

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...

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 ...

US treasury guidance ‘set to boost offshore wind plans’ – American Clean Power Association

US offshore wind developers will be able to claim federal tax credits for their projects’ subsea cab...

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 ...

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...

Wind turbine maker GE Renewable Energy makes heavy but narrowed loss in Q3

GE Renewable Energy recorded a heavy loss in the third quarter of the 2023, but its $317 million def...

Higher costs continue to hit North American wind

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

Avangrid to terminate power deals for ‘unfinanceable’ Park City offshore wind farm

Avangrid has been allowed to terminate the power purchase agreements (PPAs) for its Park City offsho...

Dominion looks to sell stake in US’s largest offshore wind farm

Virginia utility Dominion Energy is looking to sell a stake in the US’ largest offshore wind farm de...

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...

Ørsted may abandon US offshore wind projects as ‘perfect storm’ brews

Ørsted may walk away from five US offshore wind projects as a “perfect storm” of challenges threaten...

Ørsted warns of up to $2.3 billion hit to US portfolio

Danish renewables major Ørsted could face up to DKK 16 billion ($2.3 billion) of impairments on its ...

GE Renewable Energy posts heavy loss but expects ‘significantly better’ profits

GE Renewable Energy posted a $359 million loss in the second quarter of 2023, but improved its reven...

Filter results

Article types

Date

Sector

Section

Regions/Countries