If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.
The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.
Under a binding heads of terms deal, the two Norwegian firms have sketched out a future long-term physical renewable power supply agreement, whereby Statkraft will deliver energy to Freyr’s planned battery facility.
Solar panel developer Forus is teaming up with Better Energy on the sustainable development of solar farms in Finland.
The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.
Economic warfare against Russia has prompted Europe to raise its ambitions and purge itself of fossil fuel energy, and this agenda suits the Ørsted CEO perfectly.
Two US factories will be closed over the summer, and several workers will be laid off. A patent case with GE is to blame, along with low demand.
The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.
Study shows that the transmission grid in Norway and the Nordic region will face difficulties achieving blance towards 2030.
In 2024, technology giant Topsoe will inaugurate the world’s largest electrolyzer plant, which will be constructed on a 72,000m2 lot in Central Denmark.
Copenhagen Infrastructure Partners, one of the world’s biggest green asset managers, presents its vision for yet another Danish energy island in the North Sea where wind power will be converted into green hydrogen.
A new study from the University of Aarhus has studied how expansive Europe’s ambitions need to be to meet the Paris Agreement targets. Even with the large-scale RePowerEU proposal, Europe has a long way to go.
By producing hydrogen directly from turbines, the utility wants to reduce energy loss and save money. The company has just received state subsidies to develop the first turbine of this kind in the UK, providing a much more efficient solution than other alternatives, says CEO Anna Borg.
The two companies will team up to identify, develop, build, and manage green hydrogen projects.
The Swedish utility has commissioned the 353MW Blakliden Fäbordberget Monday.
The Danish 3D printing company has signed an exclusive deal with GE, which recently bought a stake in the company.
BW Ideol has signed an agreement with the two companies to help design floating foundations for upcoming tender.
Hybrid Greentech has been selected for the Clean Energy Accelerator Program set up by Amazon, which sees huge potential in a new technology acting as flexible virtual power plant.
80 Irish wind and solar projects have secured funding through the second RESS auction.
The turbine maker’s majority owner has now officially announced its ambition to acquire the remaining third of the shares and delist Siemens Gamesa.
The German-Spanish turbine maker will deliver 20 turbines to onshore wind farm Kostolac.
Allianz Investment Management and Copenhagen Infrastructure Partners will look into options for setting up an artificial energy island in the German part of the North Sea.
The Swedish Government has granted a construction permit to Vattenfall for a 640MW offshore wind farm in the Swedish part of Kriegers Flak.
The Swedish wind developer has transferred the Åndberg wind farm to investment company Ardian.
EDP Renewables and Engie’s joint offshore wind venture has announced a bid for the Hollandse Kust West tender to develop 790MW.
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