Dong will drive offshore forward with price cuts

After a historic zero-subsidy bid on German offshore wind, Dong's CEO Henrik Poulsen is well aware that certain financial institutions are arching their eyebrows in response. Banks believe Dong's bid is risky, but now the CEO calls for calm.

BY RITZAU FINANS

Dong's plans to install two German offshore wind farms without any subsidies should be seen as a positive, says the Danish wind developer's CEO at an analyst conference according to Danish media Børsen.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Dong wins three German offshore wind farms with historic zero bid
For subscribers
Watch the video: Dong decommissions world's oldest offshore wind farm
For subscribers
Dong expands in Germany
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

EnergyWatch.eu

Tech company challenges electricity trading: "We aim to be among the best in the industry"

With two energy majors in the ownership circle, Green.ai will challenge the electricity trading market with the use of advanced tech solutions. Jysk Energi is an investor and has high expectations.

For subscribers

Moray East became operational in 2022 and has a capacity of 950MW. | Photo: Ocean Winds

Renewables

Ocean Winds divests from Moray East

For subscribers

The outgoing CEO, Sebastian Koks Andreassen, remains with the company to ensure a smooth transition. | Foto: Green Hydrogen Systems/pr

Cleantech

Green Hydrogen Systems appoints former Vestas employee as interim CEO

For subscribers

Renewables

Vestas poaches new head of human resources division from Shell

For subscribers

Renewables

Chief exec: Record order is the "ultimate proof" of NKT's big bet

For subscribers

Foto: Anders Holst Pedersen/Ritzau Scanpix

Renewables

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

For subscribers

Spirii upgrades its platform: Charging stations become resources rather than a burden
The Danish software platform has added a new solution to its software that makes it possible to balance electricity consumption in the charging network when the grid is overloaded.
For subscribers
Vestas wins German offshore wind turbine order of 960MW
The order includes a five-year service agreement.
NKT lands its largest order to date
The Danish power cable manufacturer has landed five orders, worth approximately EUR 3.5bn
For subscribers
Floating Power Plant: Our competitors make floating wind not wave power
The Lolland-based company has its eyes set on foreign markets, which are expected to take off in the coming years. Combination product will sweep competitors off their feet, explains its CEO.
For subscribers
Vestas confirms giant order for offshore wind turbines
The manufacturer receives confirmation of the nearly 1.2GW turbine order from Baltic Power.
For subscribers
Niras appoints experienced media profile as chairperson
The new leader of the board brings expertise in the areas of society, digital development and green transition.
For subscribers

Tech company challenges electricity trading: "We aim to be among the best in the industry"

With two energy majors in the ownership circle, Green.ai will challenge the electricity trading market with the use of advanced tech solutions. Jysk Energi is an investor and has high expectations.

For subscribers

Cleantech