Wintershall Dea isn't worried that TotalEnergies and Ørsted have declared their entry into carbon storage in the Danish North Sea. "That's what happens when you're in an interesting market," says CEO Mario Mehren.
Uncertainty, supply chain pressure and delays among customers all factor into dwindling profits from onshore wind for the US-based OEM, still showing losses on offshore wind and now downgrading its full-year guidance.
A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.
The European Union has green-lit millions of euros of subsidy for a 100MW hydrogen project in Denmark with the involvement of several big domestic players. The project is meant to be the enabling stepping stone for GW-scale H2 projects as well as electrolysis at sea.
As the first offshore wind turbine manufacturer to do so, Siemens Gamesa establishes production in the US with the announcement of a blade factory in Virginia – although it's not quite a blade plant as such, and the FID is not yet taken.
European Union energy ministers clashed at an emergency meeting over how to cushion consumers and companies from soaring power and natural gas prices, with political and legal constraints leaving little room for immediate action.
The Finnish firm presents major advancement on all parameters in Q3, in particular the energy division's soaring result and order intake. The company also takes the occasion to present its carbon-neutrality goal for 2030.