RWE, Europe's third-largest renewables player, does not expect large deals in the sector in the next few years, its chief executive told journalists on Thursday after presenting first-half results.'I don't believe it because the market is growing so rapidly…
Ørsted and RWE, the world's two largest offshore wind players, both suffered from weaker winds in the first half, highlighting that profits in the booming industry remain tied to weather conditions.Denmark's Ørsted said it 'experienced significantly lower wind speeds than normal…
The U.S. Secretary of the Interior Deb Haaland and White House Council on Environmental Quality Chair Brenda Mallory were in Eureka, California, Tuesday, with U.S. Representative Jared Huffman, California Energy Commissioner Karen Douglas, Tribal…
Wave energy technology developer CorPower has said it has completed construction of the world’s largest wave energy test-rig, following a two-year project.The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere in the world…
Siemens Gamesa and GRI Renewables Industries will invest more than $360 million into offshore wind manufacturing facilities in northeast England.Siemens Gamesa will invest a total of $258m to expand its blade manufacturing site located near…
Floating solar photovoltaic (PV), initially considered a niche technology, is now the fastest-growing solar PV category, alongside ground-mounted utility-scale solar and rooftop PV. As of August 2020, more than 60 countries have actively pursued the deployment of floating PV…
Mammoet reports it has executed its first operation, the transport of two topsides, using low-carbon HVO fuel in Mammoet’s SPMT powerpacks. HVO is an alternative to traditional diesel, made primarily from waste and residues, such as waste cooking oil…
Siemens Energy cranked up the pressure on wind turbine division Siemens Gamesa on Wednesday, saying it was 'extremely annoying' that it was having to reduce its profit outlook as a result of the Spanish-listed unit.The comments from CEO Christian…
Renewable energy developer Mainstream Renewable Power and Siemens Financial Services said on Friday they jointly bid to build offshore wind capacity in the ScotWind leasing round.The companies did not disclose how much capacity they intend to build if their bid is successful…
The consortium owning the Beatrice Offshore wind farm off the coast of Scotland, has signed an agreement to sell the 588MW wind farm's Offshore Transmission Assets (OFTO) to Transmission Capital Partners.The buyer is a consortium comprising International Public Partnerships Limited…
Wind turbine maker Siemens Gamesa is charging higher prices, combing over contracts, and hedging harder against rising raw materials costs to try to heave its business back to profit, executives said on Friday.The world's biggest maker of the…
Wind turbine maker Siemens Gamesa posted a loss for the three months to June on Friday and confirmed a warning it made earlier this month that its profit margin could be negative over the full year.The world's biggest maker of the huge offshore generators…
O2, dubbed the world's most powerful tidal turbine, and built by the Scottish engineering firm Orbital Marine, has this week started power generation at the European Marine Energy Centre (EMEC) in Orkney. The floating turbine is anchored in…
Offshore cable manufacturer Nexans will deliver export cable for Equinor's floating solar pilot offshore Frøya in Norway. The floating solar project is slated to come online in December 2021 and will be the world’s first floating solar plant operating in rough offshore waters…
UK-based SSE Renewables and Spanish firm Acciona have agreed to jointly explore offshore wind opportunities in Poland, and have signed a Memorandum of Understanding (MoU) in order to formalize a 50/50 joint venture for the Polish market.Poland…
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