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Renewables

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.

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.

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.

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.

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