Foto: Tobias Nicolai

High gas prices push coal to top of Europe's energy mix

Gas prices increasing tenfold has shifted the balance between coal and gas in the European power grid. The situation is akin to the time when the CO2 quota price was "very low" and will endure at least until winter's end, analysts say.

Swedish Eolus deal falls through

The sale of the three wind farms Boarp, Dållebo and Rosenskog totaling 68MW won't be happening after all, say the parties one year after the original agreement.

Vestas merges two Asian regions

To accommodate the demands of the future energy market, the turbine maker has opted to merge its China and Asia-Pacific regions.

Ørsted signs PPAs on Irish wind farms

Pharmaceutical company Johnson & Johnson has entered an eight-year PPA totaling more than 1TWh on two of the utility's recently acquired Irish wind projects.

Polytech in big layoff round CEO couldn't foresee in May

Unresolved problems behind grand climate ambitions around the world now force Polytech to lay off a large group of staff. CEO says the business it preparing for the tide turning again, hopefully to the benefit of Denmark, while admitting the necessity of following the big manufacturers.

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