Policy & Trading

EU member states warming up to higher targets

At an informal energy council meeting in Sofia yesterday, several of EU member countries expressed that they were willing to budge on targets for renewables consumption and energy efficiency in 2030 and increase ambitions.

Green investments decline to lowest level in 18 months

Global solar power markets are in dire straits and this contributed to dragging down total investment decisions for renewable energy projects in the first quarter of the year. But the European offshore wind market is expected to soon pick up the pace.

Suzlon holds on to market position in India

Suzlon has successfully maintained the leadership position on its domestic market, although the turbine manufacturer reports that it has been under pressure in the past year. The CEO eyes major improvement in the coming years.

US checks all-of-the-above on list of energy types

The US needs all types of power generation, says the country's secretary of energy, although he does not rule out that the United States might have to declare a state of emergency in order to secure state subsidies for ailing coal and nuclear power plants.

Finland gives Nord Stream 2 the green light

Finland's government has given permission to the company behind the Russian gas pipeline to place its pipes in Finnish waters. Nord Stream 2 expects the final Finnish approval within a few weeks.

Statoil heralds new, large floating wind farm

INTERVIEW: The Norwegian oil major is set on developing a new and potentially huge market in floating offshore wind turbines. But beginnings can be tough. Head of the company's HyWind project in Scotland elaborates on the possibilities and challenges that come with this technology.

Service unit outshines turbine sales for Nordex

After an unusually difficult 2017, German turbine manufacturer Nordex can find solace in its service division, where the orderbook is growing bigger than the value of turbine orders. But most of the reasons for this new balance are not positive for the turbine maker.

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