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- Category: Company News
Natural Power has appointed Matthew Kelly as Head of Asset Management. Matthew replaces Alistair Parlett, who has been with Natural Power for more than 20 years and retires on 20th December.
- Category: Company News
Vestas’ facilities on the Isle of Wight currently focus on manufacturing blades for the V174 offshore turbine. As demand for this product declines and site constraints make it unsuitable for the next generation of offshore blades, Vestas has reached an agreement in principle with the UK Government to repurpose the factory for producing onshore blades, primarily for the UK market.
- Category: Company News
bp and Jera have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture named Jera Nex bp. The partnership will see capital funding commitments for investments up to $5.8 billion by the end of 2030.
- Category: Company News
Subsea Technology & Rentals (STR) has announced Star Capital as its new majority shareholder. This investment will enable STR to enhance its equipment and services through both organic growth and acquisitions.
- Category: Company News
Shell has announced it will scale back new offshore wind investments and split its power division following an extensive review of its business. The review, launched in 2023, aimed at reducing costs under CEO Wael Sawan, prioritises activities with the highest returns. This strategy shift has resulted in decreased spending on low-carbon and renewable businesses, with increased focus on oil, gas, and biofuels.
- Category: Company News
GBM Works has announced the initial close of a minimum €6 million seed funding round. The funding is provided by an investor consortium comprising Rotterdamse Havendraken, Katapult Ocean, EIC Fund, and existing shareholders.
- Vestas Chief Financial Officer, Hans Martin Smith, to step down by end of 2024
- TotalEnergies acquires 100% of VSB Group
- Kitepower launches rental-first strategy
- Inyanga Marine Energy Group opens office in Canada
- Masdar closes deal to acquire Terna Energy
- Northland Power announces new President and CEO
- OEG opens new global headquarters in Aberdeen
- Sany Renewable Energy breaks ground on new wind power manufacturing base in Kazakhstan
- RenQuip appoints Andy Muirhead as new business development manager
- European Energy reports Q3 2024 financial results
- First monopile manufactured in Sif’s expanded production facilities
- Hexicon announces increased net revenue and key project milestones
- Venterra Group secures increased UKEF-backed funding from HSBC UK
- BGF invests in Sulmara for offshore wind and energy market expansion
- Scada International acquires grid analytics provider NovoGrid
- Cadeler's revenue increases by € 72 million in the first nine months of 2024
- Vestas opens new offshore blade production line in Italy
- Iberdrola invests in start-up RTS
- Mooreast appoints Eirik Ellingsen as CEO
- New global chief commercial officer wind at GE Vernova comes from Ørsted
- Roeslein opens new European design centre in Poland
- Siemens Energy reports strong order growth but continues to face losses
- Bureau Veritas acquires Versatec Energy
- Vero Bourg-Meyer named Deputy Director of the Clean Energy States Alliance
- GE Vernova pauses search for new offshore wind turbine orders amid market uncertainty
- Hontek and Socomore announce agreement on erosion protection coatings
- RWE achieves record renewable energy production and reduces CO2 emissions
- Gazelle Wind Power secures funding to further develop its floating offshore wind technology
- MPC Capital enters offshore wind market
- Copenhagen Infrastructure Partners launches Voyager Renewables in Australia
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| #10 Vestas wind turbine installed in Stadtlohn, North Rhine-Westphalia, Germany (courtesy Lukas Diller and Simon Schwarz) |
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