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.
EnergyWatch
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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.
Profit declines by 44 percent compared to the same period last year.
Upon a first half year in which revenue and operations beat analyst forecasts, the French cable company dials up expectations.
UK investment firm Octopus Renewables Infrastructure Trust has acquired utility Statkraft's Irish solar farm Ballymacarney for almost EUR 150m.
Zuiderzeewind has finished installing the 89 turbines at offshore wind farm Fryslan in the Netherlands.
The wind turbine division books a higher revenue than expected, though the same applies to the operating deficit, which ends up deeper than analyst forecasts.
A wind turbine installation vessel capsized off the coast of Guangdong in Southern China. 67 people fell into the sea and four are still missing, several media report. See the video in the article.
The Norwegian utility hasn't been scared away from adding more floating PV energy to its portfolio despite a sunken pilot project in Albania, and another three facilities from the same supplier remain in the pipeline.
The Italian utility strikes a deal with investment firm Azora, which sells the portfolio at an undisclosed price.
The two companies plan to jointly produce hydrogen using electricity from two wind farms in Scotland and Ireland.
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.
The Danish solar investor has appointed new board members and now aims to quadruple its photovoltaic business ahead of 2025.
Alongside Quaybridge, the British oil firm means to secure more winning bids on offshore wind licenses.
The high applicant count has British media speculating that Crown Estate Scotland might achieve close to the maximum lease income of GBP 860m.
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.
The Norwegian firm joins RES and Green Giraffe in establishing a new company focusing on licenses for floating wind in France.
With this acquisition, the utility adds more solar and wind energy to its portfolio.
Oldendorff and MSC join trade association Methanol Institute to explore the potential of the alternative marine fuel.
The wind turbine major follows in the footsteps of Vestas and means to build fully recyclable wind turbines from 2040 and recyclable turbine blades as of 2030.
The sale pertains to five wind farms, three of which are operational.
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.
Private equity firm Axcel's ownership of Nissens Cooling Solutions came with a natural expiration date, says Nissens CEO, pointing out that A.P. Møller Holding, which also owns KK Wind Solutions, has a long-term focus on the company.
Danish players CIP and Ørsted each represent a consortium in the competition for Scottish offshore wind in a tender with a total 12 applicants. Of the 12 consortia and bidders, nine represent oil companies.
Samsung Heavy Industries receives approval of the design for its 9.5MW floating wind turbine from classification agency DNV.
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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