EnergyWatch

Energy secretary says US is preparing sanctions against Nord Stream 2

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During a recent trip to Kiev, US Secretary of Energy Rick Perry said the Senate is preparing a bill to levy sanctions against Nord Stream 2 AG and its affiliates. The Kremlin responds with criticism, saying that such a measure would be an act of unfair competition and be contentious in certain European capitals.

Vestas wins 90 MW order in Finland

Finnish energy group Fortum has ordered 21 Vestas wind turbines with a long-term service agreement, which is the most comprehensive of its kind in Vestas' service catalog.

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Nord Stream 2 chief: Denmark indulges the US

It is a sign of political submission that Danish authorities want to investigate the possibility of a third route for Nord Stream 2, says Reinhard Ontyd, CCO of Nord Stream 2 AG. The Danish Energy Agency maintains that it acts out of environmental and safety concerns.

Giant Swedish battery factory gets major backing

The European Investment Bank (EIB) has given an in-principle commitment to supply a credit facility of EUR 350 million to Swedish Northvolt's forthcoming battery factory. The EU Commission calls it a milestone.

Vestas wins US order

The Danish wind turbine manufacturer will supply around 250 MW to a project in the US.

NKT's results dive

The Danish cable manufacturer booked a first quarter decline in revenue, while the operating result and profit were written in red. The company maintains its full-year guidance.

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