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European Parliament adopts electricity market reform 'to boost renewables'

The European Parliament has approved electricity market reforms designed to lessen the impact of vol...

Green hydrogen ‘could bring multi-billion dollar industry to India’

Green hydrogen and green ammonia will mobilise investments of $125 billion in India by 2030 across a...

‘Coercion and discrimination’ – Chinese commerce body attacks EU probe

China has accused Europe of economic coercion and discrimination against its companies as well as th...

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...

Ørsted, Elia Group call for action on hybrid interconnectors

Danish developer Ørsted and Belgian transmission system operator Elia Group have called for a r...

WindEconomics digest: Are inflationary pressures easing for OEMs and how much will wind power cost in 2050?

This month’s digest looks at recent developments in turbine selling prices and energy cost projectio...

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...

‘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...

‘All heating for industry up to 500C can be electrified’

There is a growing business case for the electrification of industry, heat and transport powered by ...

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...

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...

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...

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...

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...

Read Windpower Monthly's annual cost analysis report online now

As pressure builds to meet 2030 climate targets, offshore wind in particular has been hit hard by co...

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 ...