Siemens Gamesa reported a narrowed loss of €472 million for the final quarter of its fiscal year 2024, down from a €670 million loss in the…
Browsing: Offshore
Ofgem has given the green light to five significant undersea energy interconnectors, which are poised to enhance the UK’s energy supply and harness the immense potential…
EnBW has reported a 36% decline in its renewable energy business’s adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) for the first nine months of…
Ofgem has approved two groundbreaking interconnector pilot projects, LionLink and Nautilus, which aim to connect transmission systems and offshore wind farms in the North Sea. The…
Mammoet has concluded testing of its SK6000 crane, which it describes as the world’s most powerful land-based crane, tailored for the demands of modern offshore wind…
Siemens Gamesa has completed its first locally assembled 14MW turbine nacelle in Taiwan, following the recent expansion of its Taichung facility. The expanded production hub will…
Gazelle Wind Power, a developer of floating offshore wind platforms, has raised €11 million in a funding round led by Indico Capital Partners to support the…
Bureau Veritas has announced the acquisition of Versatec Energy, a Netherlands-based technical advisory firm with a focus on offshore wind and hydrogen, as part of its…
GE Vernova CEO Scott Strazik announced plans to delay seeking new orders for offshore wind turbines, citing unfavorable market conditions as the offshore wind sector faces…
Norway’s Ministry of Energy has approved the environmental impact assessment (EIA) programme for Goliatvind’s 75 MW floating offshore wind pilot, advancing a project aimed at reducing…
Siemens Energy raised its midterm outlook after posting a record-high order book and reporting a narrower fourth-quarter loss, driven by rising global demand for power equipment…
RWE, Germany’s largest utility, announced a share buyback program worth up to €1.5 billion ($1.6 billion) as it reevaluates its capital strategy in response to dimmer…