The wind turbine manufacturer is taking a break from the capacity race with its newest machine, smaller than the latest bestseller and aimed for the next phase of the US market – and the model is even offered in a optimized version with a lower effect.
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The manufacturer has secured a four-year service contract for 118 of GE's wind turbines in the US.
Despite fine figures from General Electric's renewables division, Vestas has taken in far more orders than its US competitor.
The German wind turbine manufacturer is expanding its Delta4000 platform with a new 4.5 MW unit.
Toshiba and Siemens Gamesa are both said to be considering an acquisition of German Senvion.
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.
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.
Vattenfall's chief executive has been appointed president of Eurelectric for the next two years.
Tough times continue for Tesla, which is impacted by analysts' skepticism following a lackluster early 2019 featuring a first quarter deficit and negative cash flow.
The Danish cable manufacturer will supply high-voltage cables to Norwegian oil and gas rigs Gina Krog and Johan Sverdrup 2.
The manufacturer has entered a deal to supply more than 100 MW comprised of its new platform's 5.6 MW wind turbines.
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.
Natural gas will constitute a large part of the energy mix in the EU – both now and in the long term, a Commission representative stated Wednesday during a major gas conference in the Netherlands.
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.
Brazilian auction round A-6 is postponed to give bidders more time to prepare.
Italian cable manufacturer Prysmian will supply a subsea cable system to a US offshore wind project in a deal valued at around EUR 200 million.
The Danish wind turbine manufacturer will supply around 250 MW to a project in the US.
Norwegian authorities have approved the second phase of the Johan Sverdrup field expansion. Most contracts will go to Norwegian suppliers, field operator Equinor expects.
Rockwool has managed to set a sales record in the first quarter of 2019 despite difficult market conditions. Two main elements caused the company's upward adjustment of expectations, says CEO.
GE Renewable Energy and Vattenfall are planning a collaboration on GE's 12 MW offshore wind turbine Haliade-X for projects in Europe.
Germany's largest utility is boosting its financial muscles ahead of a major green deal but will not venture into the US by itself. A partnership with an oil company could be the solution, says CFO.
The foundation producer remains in the black despite recording its worst revenue in a decade. There will be progress from now on, the company states.
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.
Despite fine figures from General Electric's renewables division, Vestas has taken in far more orders than its US competitor.
A new large contract pushes the wind turbine manufacturer's North American order book well past 1 GW within a matter of weeks.
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