Renewables

Equinor officially joins the race in Polish offshore wind

Alongside Polenergia, the Norwegian oil firm aims to achieve subsidies for two offshore wind farms in Poland's forthcoming tender.

Danish Energy Agency initiates talks on North Sea energy hub

Potential bidders can look forward to being invited to a dialog on the tender conditions for the upcoming energy island in the North Sea.

Tech supplier to deliver equipment for space-based solar panels

FOM Technologies will supply equipment to a project at the University of Toledo planning to launch solar panels into space. The CEO's initial reaction is quite earthbound, however.

Aker Clean Hydrogen celebrates successful private placement

The hydrogen firm has raised EUR 338.1m in fresh equity, according to a stock exchange notice issued Monday morning CET.

Ørsted chair on future H2 business: It will be big

The utility's hydrogen ambitions will become an important part of the company strategy, says board chair.

Statkraft divests part of Europe's largest onshore wind project

In a deal with Trønderenergi and Stadtwerke München, the Norwegian utility divests its stake in the first of six wind farms in the Fosen development.

Vestas plans 1:5 equity split by end of H1

Whereas it's quite true that one little feather may swell till it becomes five fowls, or at least in an iconic Danish fairy tale, Vestas is now planning to pull off the same ratio in an equity split.

Siemens Gamesa launches 5.X platform in Scotland

While the German-Spanish turbine maker is only set to deliver 50 MW, these come in the form of the first 5.X units in the UK.

Aker Clean Hydrogen to raise EUR 292m

Aker's new hydrogen venture means to raise NOK 3bn in connection with its forthcoming IPO.

Sales grow markedly for Nordex

The German turbine maker increased its sales in 2020 by more than 40 percent, though its operating margin declines.

Ørsted enters PPA with US retail giant

The power will be generated by project Haystack Wind in Nebraska, which is currently under establishment and expected to come online later this year.

CIP sells stakes in 12 Spanish wind farms

Copenhagen Infrastructure Partners sells an ownership stake of 49 percent in 12 wind farms located in Aragon.

Boskalis takes in water despite advancing in offshore

Major improvements in the Offshore Energy division were not enough to secure a profit on the Dutch offshore company's bottom line.

Fortum invests in dam safety in Sweden

The Finnish utility will make a substantial investment in dam security in Sweden with plans for an extensive rebuild of the more than 100-year-old hydropower plant in Forshuvud.

Uniper presents "outstanding" annual report

The German utility can be pleased with itself for having succeeded in getting its adjusted profit to grow despite sliding revenue. Omitting adjustments, though, paints a rather different picture.

Ørsted sells Hornsea 1 facilities at far below original valuation

Mandatory divestment of transmission facilities at Ørsted's largest offshore wind farm is approved by British regulator, with the utility still in charge of operations.

Haldor Topsøe to build electrolyzer plant with half-gigawatt capacity

The new facility will be ready in 2023 and will produce electrolyzers with efficiencies higher than 90 percent. The factory will be scalable, in time able to build electrolyzers of 5 GW per year, though the location is still uncertain.

UK central bank gets new mandate to promote green shift via monetary policy

The Bank of England could end up favoring credit for green projects looking forward, senior economist says. Swedish central bank Riksbank is also underway with the same maneuver.

Bladt ventures 3,000 tonnes out onto thin ice

We must not be responsible for limiting the growth of offshore wind, the steel contractor's CEO says about investing in producing monopiles one and half time larger than current specs. The steps taken are cautious ones, however.

EDPR stock price drops after EUR 1.5bn bookbuilding push

The Portuguese energy company suffers on the Lisbon stock exchange.

Norway requests reassessment of hydropower in EU taxonomy

The EU criteria that determine whether or not hydropower projects are to be considered green investments are too strict, claims the Norwegian government.

Hempel continues acquisition hunt after challenging year

Coating producer Hempel has had a challenging year on account of Covid-19, though its top line still improved. 2021 began with a new strategy and acquisition, which is the first step toward an ambitious goal to double its revenue.

Welcon bags triple order from Siemens Gamesa

The Danish tower producer reports expanding its domestic production after an order for 140 offshore wind turbine towers going to projects off Germany, the Netherlands and Scotland.

Cloudberry buys Norwegian hydro plant

The Norwegian renewable energy company has signed an agreement to purchase domestic hydroelectric power station Ramsliåna Kraft, the company tells the market Wednesday morning.

Siemens Gamesa wins 50-MW contract in Spain

The manufacturer has picked up a wind turbine deal from Capital Energy for 50 MW's worth of equipment for a big onshore wind project in Northern Spain.

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