Fitch Ratings has revised Ørsted’s credit outlook to stable from negative and affirmed the Danish utility’s long-term issuer default rating at BBB, citing improved financial flexibility…
Author: Alan Ma
Flender has appointed Tommy Rahbek Nielsen as president of its Winergy wind business segment, effective 1 September 2025, the company said on Thursday. Rahbek Nielsen, who…
CSBC-DEME Wind Engineering (CDWE) has completed the installation of all 73 jacket foundations at the 1-gigawatt Hai Long offshore wind farm, located in the Taiwan Strait,…
Flogas Ireland has signed a renewable electricity supply deal with Ørsted Onshore Ireland to source power from the 22.5-megawatt (MW) Knockawarriga wind farm in County Limerick,…
Iberdrola and Ingeteam plan to integrate 100MW/200MWh of battery storage at three of Iberdrola’s solar photovoltaic (PV) plants in Spain, as part of a broader strategy…
Danish renewable energy firm Ørsted posted a 9% increase in underlying earnings before interest, tax, depreciation and amortisation (EBITDA) for the first half of 2025, supported…
Ireland has reported significant progress in advancing its clean energy transition, with the publication of two government taskforce reports detailing developments across offshore and onshore renewable…
Siemens Gamesa reported a third-quarter loss before special items of €438 million, a slight improvement from the €446 million loss in the same period last year.…
UK-based asset manager NextEnergy Capital has acquired a 73-megawatt (MW) agrivoltaic solar project in the Campania region of southern Italy, in what it says is the…
The offshore substation and jacket foundation for the 1.1-gigawatt Inch Cape offshore wind farm have been successfully installed in the North Sea, approximately 21 kilometres off…
Renewable energy sources supplied more than half of the United Kingdom’s electricity in 2024, overtaking fossil fuels and setting a new annual record, government data showed…
German wind turbine manufacturer Nordex reported a sharp rise in second-quarter earnings for 2025, supported by improved profitability and robust order intake across international markets. Earnings…