EnergyWatch

Renewables

BASF confirms upgraded guidance

The German chemical group, which is involved in several PtX projects, has increased its profit in the first half-year from EUR 7m to EUR 3.4bn.

Statkraft sells Irish solar project

UK investment firm Octopus Renewables Infrastructure Trust has acquired utility Statkraft's Irish solar farm Ballymacarney for almost EUR 150m.

EU to address stalled Danish nearshore wind project

Developer European Energy has received a positive response from the EU regarding project Omø Syd, which is currently on hold due to considerations over migratory birds. The European Parliament has now requested that the Commission launch an investigation into the matter.

Board reshuffle to boost Obton

The Danish solar investor has appointed new board members and now aims to quadruple its photovoltaic business ahead of 2025.

ScotWind receives 74 bids

The high applicant count has British media speculating that Crown Estate Scotland might achieve close to the maximum lease income of GBP 860m.

Scatec Solar to pursue offshore wind

The Norwegian PV developer has doubled its power generation compared to 2020, a development the firm plans to see continue through large offshore wind projects.

Green Hydrogen Systems goes to Germany

The Danish hydrogen firm has been selected for a German test center, where the effectiveness of the company's pressurized alkaline electrolysis will be measured against competing hydrogen technology.

Arise improves result on better pricing

Wind developer Arise managed to divest long-postponed wind farms Ranasjö and Salsjöhöjden of 242MW in Q2, when higher power prices also boosted the company.

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