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.
Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
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.
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.
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.
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’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.
Daiei Sangyo partners with Truewin Technology and Formosa Japan to develop 100 energy storage sites totalling 800MWh and expand into power-linked data centre operations.
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
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.
Faced with market uncertainty in Europe, Siemens Gamesa pauses a planned industrial investment in Esbjerg, highlighting structural difficulties in the offshore wind sector.
According to the Oxford Institute for Energy Studies, a stable gas price of $6/MMBtu would boost global demand by 60 billion m³ in the short term and 120 billion m³ by 2035, mainly driven by Asia.
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.
Danish manufacturer Vestas has paused construction of its planned facility in Poland, originally set for 2026, citing weaker-than-expected European offshore wind demand.
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.
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.
Danish group Orsted will cut a quarter of its workforce by 2027 and reduce its exposure to the United States, relying on a $9.4 billion recapitalisation to consolidate its development in Europe and Asia.
Ørsted, a Danish renewable energy specialist, is undergoing a major reshuffle following difficulties in the U.S., with the resignation of its CEO and the appointment of his deputy.
Pine Wind Power acquires 26% of the offshore wind farm Formosa 2, a strategic move reflecting the growing interest of investors in renewable energy assets within a transforming Taiwanese market.
The United States, with only 10% of its electricity generated by wind in 2023, risks being surpassed by China, according to a report from the think tank Ember. Europe, on the other hand, is making significant progress.
Liquefied natural gas (LNG) transactions observed on the Market on Close (MOC) are slowing due to high inventories and limited demand, despite the traditionally buoyant winter period.
At Jaffa Port, Eco Wave Power’s EWP-EDF One project produced 26 kW continuously, even under challenging conditions, confirming the potential of waves as a reliable renewable energy source.
The Jeonnam 1 wind farm, with a capacity of 96 MW, marks a first for South Korea in privately-led offshore projects. By 2025, it will supply green electricity to 60,000 households, showcasing an innovative energy partnership model.
Ghana is initiating a strategic 20 MW project to strengthen its energy grid. This development, led by Renergy Solar, aligns with the country's ambitious energy transition agenda.
A Maersk vessel was struck by a drone attack claimed by Houthi rebels near Socotra, reigniting concerns over maritime security in the Red Sea amidst escalating regional tensions.
Novo Holdings and European Energy are modernizing 17 wind farms in Germany to triple their capacity to 1,100 GWh per year, supporting the energy transition and meeting growing demand.
Germany’s energy policy, marked by the nuclear phase-out, has driven electricity prices up in Sweden, affecting households and businesses. Stockholm accuses Berlin of neglecting regional impacts and suspends a key interconnection project.
Copenhagen Infrastructure Partners (CIP) acquires a majority stake in a 495 MW wind project in Canada, with economic impact and a strategy focused on green hydrogen for Europe.
Ørsted announces an agreement with Cathay Life Insurance to sell 50% of the Greater Changhua 4 Offshore Wind Farm under construction in Taiwan, marking a key step in their strategic energy partnership.
Vestas will supply 72 turbines for the Inch Cape offshore wind project in Scotland, a firm 1.1 GW contract signed with Inch Cape Offshore Limited, a joint venture between ESB and Red Rock Renewables.
The Danish offshore wind giant Ørsted is navigating a period of turmoil marked by the cancellation of major projects, but remains confident in its strategy to overcome challenges and restore credibility.
Sturdee Energy and Frans Indongo finalize a USD 28 million financing for two 10 MW solar projects in Namibia. The energy produced will reduce carbon emissions and address the growing demand for electricity.
Israel’s first wave energy power plant, now connected to the national grid, marks a milestone in renewable energy innovation in the Middle East and demonstrates the country's commitment to sustainable energy solutions.
Despite its 6 GW potential, Denmark’s largest offshore wind project received no offers during the auction. This setback highlights the economic challenges facing the European wind energy sector.
In November, Norwegian pipeline gas deliveries to Northwest Europe rose by 2% compared to October, reaching 9.8 billion cubic meters, while remaining slightly below last year’s levels.
