EnergyWatch

Renewables

Semco secures major Taiwan contract

Northland Power and partners backing the Hai Long offshore wind farm have signed a deal with the Danish offshore operator’s Taiwanese joint venture.

NKT targets double revenue in business unit

The Danish cable manufacturer closes the second quarter with flying colors, with a record-sized order book resulting in factory expansion, which along with other extensions propels the Solutions division forward to nearly doubling its top line.

US IRA bill compromises leave sour taste with activists

Now signed by the US president and thus fully formalized, the watered-down version of Biden’s climate campaign bill – full of compromises to get conservative Democrats on aboard and thus attracting critique from many observers – nonetheless contains the nation’s most sweeping legislation supporting the green transition to date, thereby on account of sheer size reviving some hope of averting the worst outcome for global climate.

US climate bill keeps hope alive for halting warming at 1.5°C

The big legislative package worth USD 430bn has now passed through the US House of Representatives, and while also containing plenty of support for fossil energy, the bill’s provisions for renewables and energy infrastructure keep a sliver of hope alive for keeping global heating somewhat in check.

Nordex books deficit of EUR 133m in Q2

The German wind turbine maker follows rivals noting another big interim loss, with revenue also having taken a hit. That, though, is exactly as expected, says CEO.

HitecVision closes first green transition fund

Nordic pension funds are among the investors in the first private equity fund targeting the green transition launched by Norway's largest private equity firm, which has been focusing on the offshore energy industry for more than 30 years.

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