London's investment banks are hungry for offshore wind
For several years, offshore wind has held a poor reputation in financial circles for being a risky and expensive venture which should only be taken on by major energy companies. But technology is now so mature and prices have declined so much that the atmosphere has changed, says one of Europe's largest green funds.
Oil companies are on the road to recovery thanks to rising oil prices, but their appetite for new investments is restrained. As a result, the troubled drilling sector must exercise patience as it waits for activity levels to improve, two stock market analysts tell ShippingWatch.
Even though the OEM has done a fine job handling Covid-19, according to Vestas' CEO, the outbreak that's still affecting the Ringkøbing factory has provided insights on what happens when anti-contagion protocols slacken.