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Scottish Power takes the lead in US offshore wind

The offshore wind turbine market in the US is growing by the day. However, while the market increases, so does the number of players competing to install the turbines. A Scottish utility has now won two offshore wind licenses and takes first place in terms of potential MW numbers.

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BP extracts first oil from North Sea expansion

After several rough years for oil production in the North Sea, BP is now ready to extract first oil from a reconstructed field. The investment is the first step in a major venture on the British North Sea Shelf.

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Switzerland votes out nuclear power

With a majority backing both in parliament and amongst the population, Switzerland will phase out nuclear power and focus on wind, solar, and hydropower instead.

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Renewables lobby unites against EU watchdog

The energy regulator's proposal to abolish renewables' priority dispatch status in the European electricity grid could be a threat to the EU's green transition, according to a federation of several NGOs. The Danish Energy Association also opposes the idea.

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MHI Vestas: US order is a good foothold into the market

The offshore wind turbine manufacturer is celebrating its contract to supply a US project, snatched away from Siemens. However, the CEO is well aware that a contested law could increase the price of offshore wind in the US.

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Danish businessman at the center of controversial oil trade in West Africa

What at first looked like an ordinary oil trade in West Africa has developed into a court dispute in London, Dubai, and Lagos. ShippingWatch has reconstructed the events which involve Danish businessman Jesper Øhlenschlæger, tax shelter company Nordic Oil & Gas, bunker company Endofa, and carrier d'Amico.

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Innogy maintains optimism after rough first quarter

The British market cost Innogy a pretty penny in this year's first quarter where revenue and earnings for the whole company suffered a setback. However, the firm believes in growth for the full year and that efficiency measures can offset the downturn in the UK.

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Tesla loses executive from major acquisition

Less than one year. That is how long Tesla managed to hang on to the founder of the company's major acquisition from 2016. SolarCity's founder and former CEO wants to spend more time with his family.

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Trump's tax plan can halt the US wind energy boom

Although 40 GW of added US wind is expected in 2020, political uncertainty makes investors hold back. Tax cuts as well as increases can create problems, whilst a frowned upon yet possible move could cause chaos.