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- Category: Company News
TPI Composites has filed for voluntary chapter 11 proceedings in the US Bankruptcy Court for the Southern District of Texas to undertake a financial restructuring. The process aims to reduce debt and secure new liquidity while maintaining normal operations.
- Category: Company News
Ørsted will raise DKK 60 billion through a fully underwritten rights issue, with pre-emptive rights for existing shareholders. The Danish state has confirmed it will subscribe to its 50.1% share. The capital increase follows the company’s decision to halt the planned partial divestment of the Sunrise Wind project in the USA after market conditions made it impossible to secure financing on acceptable terms.
- Category: Company News
Siemens Gamesa contributed to Siemens Energy’s strong third-quarter performance, with offshore wind orders helping to lift the group’s order intake to its highest quarterly level to date.
- Category: Company News
Ramboll has appointed Tommy Flindt as its new Global Director for Offshore Substations, effective 1 August. He will lead the company’s global offshore substations business, supported by a team of nearly 200 specialists.
- Category: Company News
Koehler Renewable Energy and CMB Energy have established a new joint venture, KB Renewables. The company will focus on the development and operation of wind energy projects, with potential future expansion into solar power and battery energy storage.
- Category: Company News
Jera and bp have finalised the formation of Jera Nex bp, a 50:50 offshore wind joint venture. The company will develop, own and operate offshore wind projects globally. Jera Nex bp’s portfolio includes approximately 1 GW of installed net generating capacity, 7.5 GW of projects in development, and an additional 4.5 GW in secured lease areas—totalling a potential net capacity of 13 GW.
- MOL and Mitsui acquire port and energy-related businesses at Port of Nigg
- Acciona highlights renewables growth and strong Nordex order intake
- Fugro expects second half 2025 recovery after weak offshore wind market
- EDP expands renewable capacity to 27.7 GW with 3.5 GW of new wind and solar additions in 12 months
- Seatrium offshore wind progress in first half of 2025
- Subsea7 reports offshore wind progress and maintains 2025 revenue guidance
- Vattenfall explores seaweed cultivation alongside offshore wind power
- Great Lakes launches Acadia subsea rock installation vessel at Hanwha Philly Shipyard
- Statkraft adjusts strategy after strong quarter but lower prices
- Inyanga to manage hybrid vessel Tor Boreas for offshore wind work
- Nordex reports increase in orders and earnings in second quarter 2025
- Enercon expands mechatronic component production in Germany
- Tennet continues expanding grid in the Netherlands and Germany
- Wind segment update: GE Vernova Q2 2025 results show growth in deliveries and continued investment
- Eoghan Tuite appointed Country Lead for Ireland at Natural Power
- Equinor reports offshore wind impairment linked to USA regulatory changes
- Saipem and Subsea7 to merge and form Saipem7, headquartered in Italy
- Iberdrola accelerates network investment strategy in USA and UK
- Jud Virden appointed as new director of NREL
- Alexandra Hof appointed regional head of service for Northern Central Europe at FairWind
- bp to sell USA onshore wind business to LS Power
- Van Oord orders new subsea rock installation vessels
- Cadeler takes delivery of Wind Keeper and secures contract with Vestas
- Vattenfall reports higher underlying profit despite lower sales in first half of 2025
- ONP Management and Semco Maritime explore collaboration in floating wind
- Tobias Keitel joins RWE Offshore Wind management board as CTO
- Clare Horner appointed Director of Consulting at Natural Power
- Iberdrola reports 4.8% growth in electricity distribution in first half of 2025
- Empire Energy and Ellevo form joint venture for offshore wind logistics
- Global Wind Service names Rasmus Ravn as new COO
