Siemens Gamesa shuts down blade factory

Long distance to the coast and low profitability have the turbine maker closing its second-to-last Spanish blade factory as the first tough initiative under new management.


Kvaerner sees signs of stronger second quarter

The second quarter looks set to be better than feared for Norwegian oil service company Kvaerner. Despite a big drop in the oil price during the spring, the company now expects a "significant improvement" in results.

Hornsea 3 permit delayed once again

Once again in vain, Ørsted requests a green light from British authorities, while Swedish competitor Vattenfall celebrates consent to its Vanguard project.

Nature Energy beats world record in new deal with Shell

The supermajor is to purchase biogas from Danish company Nature Energy in a deal that the parties say is the biggest of its kind. The long-term contract will both open up to and finance new biogas facilities internationally, says Nature Energy CEO Ole Hvelplund.

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