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Vestas boosts quarterly profit and announces €150mn share buyback

The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.

Alfa Laval strengthens its partnership with EDF for six new EPR2 reactors

Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.

International Petroleum accelerates Blackrod and completes USD 450mn bond refinancing

International Petroleum Corporation exceeded its operational targets in the third quarter, strengthened its financial position and brought forward production from its Blackrod project in Canada.
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Aegir Insights expands Aegir Quant™ to hybrid, solar and storage assets

Danish firm Aegir Insights extends its Aegir Quant™ platform to onshore wind, solar, storage and hybrid assets, strengthening its investment intelligence offering for developers and investors.

Ørsted deepens losses in the third quarter despite major fundraising

Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.

Denmark launches a 20 MW low-carbon hydrogen plant in Fredericia

The HySynergy I plant produces eight tons of hydrogen per day from renewable energy and marks a new milestone in the deployment of low-carbon hydrogen in Europe, with medium-term expansion projects.
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Schneider Electric bets on e-methanol to strengthen industrial partnerships in Canada

Schneider Electric Canada aims to bring its Danish e-methanol plant model to the Canadian market, leveraging advanced automation to support new partnerships with heavy industry sectors.

Poland: Orlen Consolidates Gas, Targets Regional Hub Without Liberalization

Poland’s gas market remains highly concentrated around Orlen, which controls imports, production, and distribution, while Warsaw targets internal and regional expansion backed by new infrastructure capacity and demand from heat and power.

Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning

Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.
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Carbon removal investments hit $1 billion despite high operating costs

The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.

Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

Siemens Gamesa suspends wind turbine plant project in Esbjerg due to lack of visibility

Faced with market uncertainty in Europe, Siemens Gamesa pauses a planned industrial investment in Esbjerg, highlighting structural difficulties in the offshore wind sector.
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EU approves ban on Russian gas imports by end of 2027

European Union member states have approved the principle of a full ban on Russian natural gas imports, set to take effect by the end of 2027.

Liquid Wind and Umeå Energi launch 100,000-tonne eFuel plant in Sweden

The two partners finalise agreements to industrialise an eMethanol production site in Umeå, with commissioning scheduled for 2028 and a target of capturing 150,000 tonnes of CO₂ annually.

Finland leads race to host first Nordic fusion reactor, report finds

A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.
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FairWind acquires Cosmic Group to strengthen wind energy presence in Asia-Pacific

The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.

Vestas suspends wind turbine plant project in Poland amid market weakness

Danish manufacturer Vestas has paused construction of its planned facility in Poland, originally set for 2026, citing weaker-than-expected European offshore wind demand.

Oklo and newcleo announce $2bn nuclear partnership to strengthen US fuel supply

Oklo, newcleo and Blykalla partner to develop advanced nuclear fuel infrastructure in the United States, backed by a planned $2bn investment.
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Minesto strengthens presence in South Korea with official Swedish delegation

Swedish ocean energy developer Minesto joined a high-level trade mission to South Korea to explore new cooperation opportunities in marine energy.

Copenhagen Infrastructure Partners sells 50% of Coalburn 2 to AIP Management

Danish fund Copenhagen Infrastructure IV transfers half of its stake in the UK-based Coalburn 2 project to AIP Management, strengthening AIP's energy storage portfolio in the United Kingdom.
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EU approves €3 billion for CO2 capture and storage in Sweden

The European Union approves €3 billion in financial support for the development of biogenic CO2 capture and storage in Sweden.
Captage stockage CO2 Suède

Dynamic agreement between DSB and European Energy for a New Solar Park

Danish State Railways (DSB) and European Energy have signed an agreement to build a solar park in Rødby Harbour, Lolland. This project, aimed at generating 262 GWh per year, will enable DSB to cover 50% of its current electricity consumption for Copenhagen's light rail network.
Parc solaire Danemark DSB

Blue Hydrogen: Growth and Strategic Investments

The market for blue hydrogen, produced from natural gas with carbon capture and storage (CCS), is booming. Environmental regulations and technological advances stimulate growth. Investments and strategic partnerships strengthen production and infrastructure.
Croissance hydrogène bleu marché

Eolus applies for permit for 11.7 TWh offshore wind farm

Eolus is seeking approval to build the Skidbladner offshore wind farm, with an annual output of 11.7 TWh, equivalent to half of Stockholm County's electricity consumption.
Eolus demande un permis pour un parc éolien offshore de 11,7 TWh.

Europe: Only four states have finalized their 2030 climate plans

Only four of the EU's twenty-seven member states have submitted their updated roadmaps for achieving the 2030 climate targets. France is one of the laggards.
Objectifs climatiques de l'UE

France: ENGIE Solutions and Pau Béarn Pyrénées join forces

Newheat, the Communauté d'Agglomération Pau Béarn Pyrénées and ENGIE Solutions have launched a feasibility study for an innovative thermal storage system, supported by the European TREASURE program.
France: ENGIE Solutions et Pau Béarn Pyrénées s'associent.

Europe struggles to meet its rare earth targets

Europe is struggling to increase its production of the rare earths needed for the energy transition, but faces many challenges in meeting its ambitious targets.
L'Europe peine à atteindre ses objectifs en terres rares.

Zhong Neng: First wind power production in Taiwan

The 300 MW Zhong Neng offshore wind project, developed by Copenhagen Infrastructure Partners and China Steel Corporation, has delivered its first energy, marking a crucial milestone towards its completion in 2024.
Zhong Neng première énergie offshore

Sweden: Valdemarsvik hosts modular nuclear reactor project

Kärnfull Next and Latona Group are working together to develop an SMR site in Valdemarsvik, targeting sustainable energy production and local economic opportunities.
Projet réacteurs modulaires Valdemarsvik

Titan Group announces a 300 million euro investment in Europe

Titan Group invests 300 million euros in a new monopile production plant in Cuxhaven, creating 600 jobs. Production will start next year, strengthening the offshore wind supply chain.
investissement Titan Group usine monopieux Cuxhaven

EIB grants RWE €1.2 billion for Thor wind farm

EIB finances RWE's €1.2 billion project to develop Denmark's largest wind farm, reinforcing strategic investments in the energy sector.
prêt EIB RWE parc éolien Thor

Gasum halts Russian LNG imports following EU sanctions

Gasum will stop importing Russian LNG from July, following new European sanctions targeting Russian gas exports.
Cessation importations GNL russe

Lhyfe wins €11m grant for green hydrogen project in Sweden

Lhyfe, Europe's green hydrogen pioneer, receives an €11 million grant from Klimatklivet to develop a green hydrogen production plant in Trelleborg, Sweden. The plant will produce up to 4 tonnes of hydrogen per day, strengthening the local energy infrastructure.
Lhyfe obtient une subvention de 11 M€ pour un projet d’hydrogène vert en Suède.

Denmark grants a CO2 storage exploration license to INEOS

The Danish Energy Agency awards INEOS, Wintershall Dea and Nordsøfonden a license to explore for CO2 storage in the Gassum formation, Jutland.
Stockage CO2 Danemark

Equinor wins exploration permit for CO2 storage in Denmark

Equinor, in partnership with Ørsted and Nordsøfonden, has received a permit to explore CO2 storage in North-West Zealand, Denmark.
Partenariat Equinor Ørsted Nordsøfonden pour stockage CO2 Danemark

Uniper invests €250 million in Happurg pumping station

Uniper reactivates the Happurg pumped-storage power plant with a €250 million investment to stabilize Bavaria's energy supply.
Uniper Investit 250 Millions € dans la Centrale de Pompage de Happurg.

Greenhouse gases fall in Sweden, but concerns persist

Sweden's 2% reduction in greenhouse gas emissions by 2023 is welcomed, but experts fear that current government policies will reverse the trend.
Émissions gaz effet serre Suède

Topsoe, ABB and Fluor join forces for SOEC electrolyser plant

Topsoe, ABB and Fluor join forces to develop a SOEC cell plant in the USA, aimed at standardizing and optimizing cell production.
Alliance pour usine SOEC

Gasum Expands Presence in Sweden with New Biogas Plant in Hörby

Gasum is planning a new biogas plant in Hörby, with the aim of increasing renewable gas production in Sweden.
Gasum Renforce sa Présence en Suède avec une Nouvelle Usine de Biogaz à Hörby.

Investments and Obstacles to Achieving the 2030 Goals according to EY’s RECAI

Despite record investment in clean energy in 2023, significant challenges remain in meeting the target of tripling renewable capacity by 2030, according to EY's latest RECAI report.
Défis investissements énergies renouvelables 2030
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