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Floating Offshore Wind: Buchan Offshore Wind Project Reaches Key Milestone With Completion of Metocean Campaign

Feb 04, 2025 16:00 | Edinburgh, Scotland - Service company Baywa r.e. is developing the Buchan Offshore Wind floating offshore wind farm off the north-east coast of Scotland in partnership with floating offshore wind project specialist BW Ideol and Elicio, a Belgian developer, owner and operator of offshore wind farms. read more...


Taiwan Targets 2025: Yunline Offshore Wind Farm in Taiwan With 640 MW Capacity Fully Operational

Feb 04, 2025 08:41 | Taipei, Taiwan - In recent years, the Taiwanese government has increasingly focused on the expansion of offshore wind energy in order to diversify its energy supply. Now another offshore wind farm in the Taiwan Strait has been connected to the grid. read more...


Management Change at Ørsted: Mads Nipper Steps Down as Ørsted CEO, Succeeded By Rasmus Errboe

Jan 31, 2025 14:57 | Fredericia, Denmark - The Danish energy group and offshore specialist is parting ways with its previous CEO Mads Nipper in the current tense market environment. Nipper will be succeeded by the current Deputy CEO and Chief Commercial Officer Rasmus Errboe, who will be appointed as the company's new Group President and CEO. read more...


Office Building With The Highest Sustainability Standards: RWE Starts Construction of New Offshore Wind Control Centre in East Frisia

Jan 23, 2025 16:13 | Essen, Germany - The Essen-based energy company and offshore specialist RWE has heralded the start of the construction phase of a new office building in the municipality of Jemgum in the district of Leer in East Frisia with a symbolic ground-breaking ceremony. read more...


Offshore Wind Farm „Borkum Riffgrund 3“ With More Than 900 MW Record Capacity Installed - New Paths And Innovations

Jan 15, 2025 15:09 | Fredericia, Denmark - The expansion of offshore wind energy in Germany will continue to gather pace in 2025 with the planned addition of around 1,800 MW of offshore wind power capacity. read more...


Wind Energy Expansion In Germany in 2024 at Previous Year's Level - IWR Expects Upturn in 2025/26

Jan 10, 2025 13:10 | Münster, Germany - The expansion of wind energy in Germany in 2024 will not be able to match the growth figures of previous years. As in the previous year, new onshore and offshore wind turbines with a total capacity of just under 4,000 MW were installed. However, there are signs of a trend reversal. read more...


Farm-Down Program: Ørsted Completes Sale Of Shares in Four Uk Offshore Wind Farms to Brookfield

Jan 06, 2025 14:58 | Fredericia, Denmark - Following the announcement in late October 2024, Ørsted announced in late December that it has finalized the sale of 12.45% minority stakes in the four UK offshore wind farms Hornsea 1, Hornsea 2, Walney Extension and Burbo Bank Extension to Brookfield. Together, the four farms have a total capacity of around 3,500 MW (3.5 GW). read more...


Vestas With Strong Order Intake at The End of The Year - Share Price Benefits

Jan 03, 2025 10:35 | Münster, Germany - The Danish wind turbine manufacturer Vestas recorded remarkable order momentum in the last two weeks of 2024, at the end of the fourth quarter. Numerous orders were reported during this period. This has had a positive impact on the development of the Vestas share price. read more...


Insurance company steps in: Ørsted closes sale of 50 percent stake in offshore wind farm in Taiwan

Dec 17, 2024 11:43 | Fredericia, Denmark - Ørsted announced in February 2024 that it is accelerating its divestment program to generate proceeds as part of the company's strategic focus. In Taiwan, the Danish offshore specialist has now brought the Taiwanese insurance company Cathay Life Insurance on board as an investor. read more...


RWE And Total Energies: Progress in The Construction of The Oranje Wind Offshore Wind Farm in The Netherlands

Dec 11, 2024 15:13 | Essen, Germany - The energy utility RWE wants to increase its global offshore wind power capacity to 10,000 MW (10 GW) by 2030. RWE and Total Energies are now making progress with the joint construction of the 795 MW Oranje Wind offshore wind farm in the Netherlands. read more...


Vestas Receives Major Order for 900 MW Wind Power Capacity From RWE

Nov 28, 2024 16:07 | Aarhaus, Denmark - The Danish wind turbine manufacturer Vestas has received a firm order from RWE to supply offshore wind turbines for the Nordseecluster B offshore wind project. The Vestas share is leading the RENIXX today with an increase of around 4 percent to 14.40 euros. read more...


Last Siemens Gamesa Turbine Installed at Moray West Offshore Wind Farm in The UK

Nov 20, 2024 07:29 | London, UK - The UK has excellent conditions for offshore wind energy. To achieve its ambitious net-zero emissions targets, the British government is focusing primarily on offshore wind energy. read more...


Vestas CEO buys 10,000 Vestas shares after Trump victory

Nov 19, 2024 16:14 | Aarhus, Denmark - After the US elections, green stocks from the USA are the first to fall. US investors' concerns about tariffs on solar products from China and latent worries about a reversal of direction from renewable to fossil fuels in the US are high following the election of Donald Trump. read more...


Balance Sheet: Ørsted Posts Positive Result After Nine Months - Annual Forecast Raised - Share Under Pressure Due to US Election

Nov 08, 2024 11:29 | Fredericia, Denmark - Ørsted has presented its figures for the first nine months of 2024. Although turnover has fallen, the Danish energy company has significantly improved its operating result compared to the same period last year and raised its forecast for the year as a whole. read more...


Balance Sheet: Vestas Increases Revenue And Profit in Q3 2024 - Share Price Collapses

Nov 05, 2024 16:44 | Aarhus, Denmark - Vestas has published its figures for the third quarter of 2024. Sales, EBIT and net profit improve compared to the same quarter of the previous year. However, the wind turbine giant has slightly revised its forecast for the year as a whole. The share comes under pressure and loses a double-digit percentage. read more...