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- Category: Company News
Renewable Power Capital (RPC), the pan-European renewables company, has announced the appointment of Sarwjit Sambhi as its new CEO, succeeding Kevin Devlin. With over 25 years of experience in the energy sector, Sarwjit has held various executive roles across the entire energy value chain at Centrica.- Category: Company News
Siemens Gamesa has announced preliminary results for the first quarter of fiscal year 2025. Order intake for the quarter reached €2,435 million, a 51.9% increase compared to the same period last year (€1,565 million) and exceeding the consensus estimate of €2,065 million.
- Category: Company News
GE Vernova plans to invest nearly $100 million to strengthen its US onshore wind manufacturing facilities in Pensacola, Florida; Schenectady, New York; and Grand Forks, North Dakota.
- Category: Company News
Ørsted’s Board of Directors has appointed Rasmus Errboe, currently Deputy CEO and Chief Commercial Officer, as the new Group President and CEO, replacing Mads Nipper. Nipper, who joined Ørsted in January 2021, will step down as CEO on 1 February 2025, at which point Errboe will assume the role.
- Category: Company News
Iberdrola has signed power purchase agreements (PPAs) totalling 1,251 MW in 2024, a 38% increase compared to 2023. In Iberia, agreements were reached with Alcampo (Auchan), Burger King, BP, and Grespanaria, among others, covering approximately 900 MW.
- Category: Company News
Shell recorded lower-than-expected profits in 2024, with earnings dropping from $28 billion to $24 billion, primarily due to lower oil and gas revenues. The company also reported cost savings of $3 billion and announced a 4% dividend increase alongside a $3.5 billion share buyback.
- Gurit reports preliminary full-year 2024 net sales of CHF 431.7 million
- Prysmian cancels US subsea cable factory plans
- Motive Offshore Group opens Houston office
- Perceptual Robotics shifts focus to wind asset optimisation
- Nordex announces leadership changes to support growth
- Indeximate secures funding from Propeller Ventures
- Shell appoints new leader for renewables unit
- Dr. Troy Hartley appointed Executive Director of Renewable Energy Wildlife Institute
- Work begins on new control centre in East Friesland for RWE's offshore wind farms
- Ørsted reports 2024 financial results with DKK 12.1 billion impairment in Q4
- SSE UK and Ireland inaugurates new onshore renewables hub in Perth
- Orix announces share transfer agreement for Greenko Energy
- DNV executive joins ACORE board of directors
- Pexapark announces new executive appointments
- Ernströmgruppen acquires 80% of Spica Technology
- Nordex achieves order intake of 8.3 GW in fiscal year 2024
- Jakob Wegge-Larsen to become Vestas' new Chief Financial Officer
- Greenvolt rebrands Irish distributed energy business
- Qualitas Energy strengthens leadership for German market growth
- Natural Power launches EchoSense as independent business
- European Commission approves Sumitomo stake in EEW Offshore Wind EU
- Inspirit Capital completes sale of CWind
- Macquarie Asset Management finalises acquisition of Ziton
- Shell expects major write-down in renewable energy division
- Rasmus Wandrup joins Reventus Power as chief technical officer
- BGB appoints Dr Ben Murphy as head of product development
- Van Oord celebrates delivery of offshore installation vessel Boreas
- Enefit Green sharpens focus on Baltic States and Poland
- Floating Power Plant expands End User Advisory Board for floating wind and hydrogen project
- Hexicon extends credit facility
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