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US and Mexico boost Vestas' first-quarter wind turbine order total

Vestas announced wind turbine orders for more than 1.5GW of capacity in the first quarter of 2024, w...

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...

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 ...

Wind turbine maker Nordex reaches operational break-even in 2023

German turbine manufacturer Nordex broke even on an operational basis last year after increasing its...

‘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...

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 ...

Mission accomplished: wind turbine maker Vestas returns to profit with order boost

Vestas shot back to profitability in 2023 with an earnings before interest (Ebit) margin of 1.5%, be...

Renewables major Ørsted crashes to heavy loss in 2023 amid US offshore wind struggles – updated

Ørsted fell to a DKK 20.2 billion (€2.7 billion) loss in 2023 as the Danish renewables major faced “...

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...

Nordex’s wind turbine order intake rises as prices stabilise

Nordex saw its turbine order intake rise by 16% in 2023, while its sales prices stabilised, and as E...

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...

Vestas set for ‘massive revenue growth’ after 17GW wind turbine order haul in 2023

Danish wind turbine giant Vestas secured at least 17.1GW of turbine orders in 2023 after a record qu...

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 ...

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