NKT chair: Big work ahead in regaining investor confidence

With prospects for a miserable 2018 – and perhaps a horrifying 2019 – all efforts will now be required for making NKT easier for investors to understand. The company will also have to win difficult fights for lucrative orders, says chair.

Goldwind matches Siemens Gamesa in China

China-based Goldwind boosts its offshore efforts substantially with three new offshore turbines, and an onshore turbine suited for low wind speeds is also added to the portfolio.

Finland launches first RE tender

A technology-neutral showdown will be taking place between sources such as wind and wave power and over an added premium for up 1.4 TWh.

Michael Hedegaard Lyng, NKT Cables

CEO fired immediately after big NKT downgrade

Danish cable manufacturer NKT will have to find a new CEO following Michael Hedegaard Lyng's dismissal Friday. The company's CTO has been appointed to serve as acting CEO after the downgrade.

Canadian utility names Vestas for US expansion

A Canadian utility has secured safe harbor components from both Vestas and Siemens Gamesa for expanding wind energy capacity by around 1 GW up to 2020, however, the project developer has primarily negotiated deals with the Danish manufacturer.

Prysmian takes a dive on Borso Italiana

Prysmian equity is falling hard on Borso Italiana in Milan, where trading of the company's shares was temporarily suspended late Thursday morning due a share price reduction exceeding 5 percent.

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