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EU endorses technology-specific renewable energy auctions

New EU state aid guidelines confirm current practices on auctions and enable further support for pil...

Spain to exempt most wind farms from clawback tax

Wind industry welcomes introduction of exemptions from damaging clawback measures levied on zero-car...

Wind turbine maker Nordex posts net loss amid commodity and shipping cost pressures

German manufacturer narrows losses in first nine months of the year as commodity prices and shipping...

GE to spin off merged renewables and power business – updated

US conglomerate splits into three companies and plans to divest from healthcare and energy by early ...

Wind turbine manufacturer Nordex cuts profit expectations for 2021

Germany-based manufacturer expects cost pressures from raw materials and transportation to continue...

Cost pressures add $1.8bn to Virginia offshore wind project

Higher commodity prices and other factors lead Dominion Energy to increase estimated price tag for 2...

Siemens Gamesa sees profitable 2022 after narrowing full-year losses

Turbine manufacturer hit by supply chain and raw material issues, but narrows losses in full financi...

Wind turbine maker Vestas cuts forecast amid supply chain and cost pressures

Danish turbine manufacturer cuts profit guidance as supply chain pressures and cost inflation contin...

Iberdrola’s renewables profits surge in first nine months of 2021

Renewables Ebitda up 70.9% between January and September, compared to wider company’s more modest gr...

GE Renewable Energy continues to make losses in Q3 2021

Turbine manufacturer’s losses widen in third quarter of 2021, but narrow in first nine months of the...

Vestas to launch digital platform for renewable energy services and spare parts

Manufacturer's website set to launch in Europe this year will feature rival OEMs' components as well...

Wind turbine prices ‘could rise by up to 10%’ – Wood Mackenzie report

Analysts at Wood Mackenzie warn of ongoing price rises but say “normal price levels” should return b...

Strong wind turbine sales boost Nordex H1 2021 results

German turbine manufacturer maintains 2021 financial guidance after reporting increased sales and in...

RWE's renewables profits hit by low winds in H1

Developer records lower profits from its core renewables business in the first half of 2021, while c...

Ørsted sees profits boosted by offshore wind farm stake sale

Danish developer benefits from offshore wind farm stake sale in H1, but narrows full-year guidance t...

Wind turbine manufacturer Vestas lowers expectations due to inflation and Covid-19

Turbine manufacturer reduces its full-year guidance despite higher operating income in the second qu...

Wind investments down but record H1 renewables spending – BloombergNEF

Spending on wind farms was down in the first half of 2021 due to cost reductions and policy changes,...

Wind turbine manufacturer Siemens Gamesa makes loss in ‘challenging’ Q3

Turbine manufacturer reports triple-digit million euro loss in third quarter, but CEO buoyed by swel...

EnBW hit by low winds in first half of 2021

German developer’s operating profit impacted by low winds, onshore and offshore, but it expects resu...

EDP Renewables grows portfolio but sees profit shrink after Texas storm

Portuguese utility reaches 12.6GW of operational renewables capacity, but records lower net profit t...

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