Siemens Gamesa has reported a €374 million loss for its fiscal first quarter, a reduction from the €472 million loss recorded in the same period last…
Author: Benjamin Davis
The UK government has unveiled new regulations requiring offshore wind developers to adopt “low-noise methods” when disposing of unexploded ordnance (UXO) found on the seabed. The…
Portugal’s government has outlined plans to establish a cluster of offshore wind farms along its Atlantic Ocean coast, with long-term ambitions to reach 10 gigawatts (GW)…
Invenergy has requested a second extension to finalize its contract for the 2.4GW Leading Light offshore wind project with New Jersey, citing persistent challenges in securing…
A consortium led by ACWA Power has reached financial close for the 1100MW Suez Wind Farm in Egypt, securing a $704 million senior debt package from…
DTEK Renewables International (DRI), the European renewables arm of Ukraine’s DTEK, has finalized a landmark solar power purchase agreement (PPA) with OMV Petrom, Southeastern Europe’s largest…
The Offshore Renewable Energy (ORE) Catapult has named Steve Foxley as its new chief executive, following a thorough selection process by its board. Foxley, currently CEO…
Serbia has initiated its second renewable energy auction, offering quotas for wind projects of up to 300MW and solar projects up to 125MW. The auction will…
Offshore wind installation specialist Cadeler has reported a significant improvement in its financial performance for the third quarter of 2024, with earnings before interest, tax, depreciation,…
TotalEnergies, in partnership with Air Liquide, has announced plans to establish a green hydrogen production facility at the La Mède platform in Bouches-du-Rhône, France, as part…
Singapore has introduced a $100 million support package aimed at boosting its marine and offshore engineering industry. The initiative will encourage partnerships and promote advancements in…
Brazilian state-controlled oil company Petrobras is in discussions with key players, including Raízen, BP, and Inpasa, for a potential joint venture in ethanol production, signaling a…