CEO Mads Nipper touts for new tools to propel energy investments. ”Alternatively, we might have to pull the plug on the projects,” he tells EnergyWatch.

There will be no newsletter on Friday, May 5 due to a bank holiday. EnergyWatch will be back in business on Monday, May 8.

Turbine installation can commence in July, and the offshore wind farms are expected to be operational by late 2023.

Cablemaker NKT guides for annual revenue in the range of EUR 1.8bn and 1.9bn in 2023.

Wind turbine maker Vestas needs a steady project flow, says Vestas sales director Javier Rodriguez Diez.

Unification is to pave the way for the target of 300GW in the North Sea by 2050. The announcement strikes a chord with the industry after 2022 was deemed a ”wake-up call” by Ørsted chief exec.

By 2030, clean energy will comprise 600GW of the US’ combined energy output.

Seaborg Technologies and shipyard Samsung Heavy Industries deepens collaboration on floating nuclear power plant developments by bringing in another party.

For the first time, a company files for permission to extract gas from the North Sea despite political push to stop such endeavors. 

The new chief financial officer comes from a corresponding position at hearing aid manufacturer GN Store Nord.

For the first time, a company files for permission to extract gas from the North Sea despite political push to stop such endeavors. 

At the annual general meeting, turbine maker Vestas had to account for a slump in last year’s finances and the ongoing row of pulling the plug on Russian projects.

Profitability seethes through every activity at wind turbine maker Vestas, insists chair Bert Nordberg at the company’s general meeting.

If creating a viable hydrogen economy is to succeed, organizations and companies should collaborate on different parts of the supply chain, according to a new report from Capgemini.

A minority interest in Ørsted’s project in the UK has come into the hands of Daiwa Energy & Infrastructure.

Surging oil prices – mainly a result of the war in Ukraine – provided oil company Aramco a record-breaking result in 2022.

In an attempt to secure green companies on European soil, EU expands possibilities for subsidy flows to a cluster of green technologies. Wind turbines, for instance, are looked into.

The Danish turbine maker will deliver 21 wind turbines for project Pepe VI.

The two companies believe they can transport southern-German industry emissions through pipelines all the way to the North Sea seabed. 

The Ukrainian president and his people had nothing to do wit the sabotage, says officials to the New York Times.