- 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
- Category: Company News
- Category: Company News
- Category: Company News
- Category: Company News
- 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
- Steady growth and strategic adjustments mark third quarter for TPI Composites
- Jennifer Lowry to join the board of directors of TPI Composites
- Nordex reports 14% increase in sales for first nine months of 2024
- GE Vernova launches HVDC competence centre in Germany