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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...

‘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...

Ørsted, Elia Group call for action on hybrid interconnectors

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

‘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...

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...

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...

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 ...

‘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 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 ...

Vestas to use 'low-emission steel' for wind turbine towers

Danish turbine maker Vestas plans to incorporate low-emissions steel into its production in an effor...

Electrolyser supplier more than triples annual profits

Thyssenkrupp Nucera more than tripled its profits in its 2023 financial year (ending 30 September) a...

Acciona launches shoes made from recycled blades for the renewables enthusiast in your life

Spain-based Acciona Energy has made a limited edition pair of shoes from recycled wind turbine blade...

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