Agrivoltaics, the dual use of…
The German government is preparing…
Efforts in Djibouti to increase energy capacity and accelerate the shift from hydrocarbons to renewables moved forwards in September 2023 with the inauguration of the Ghoubet wind farm.…
Reuters reports the German government, Siemens AG, and other parties will provide billions of euros in project-related guarantees to support Siemens AG's struggling wind turbine…
It's not just Orsted that just realized the Green revolution is really deep red when it comes to shareholder value. Speaking at the FT Energy Transition…
The malaise spreading through the renewable energy industry that started in late October when we reported that shares of Israel-based SolarEdge Technologies Inc. (NASDAQ:SEDG) suffered their biggest crash in the company’s…
President Biden's 'wind revolution' is blowing down as the world's largest offshore wind farm developer abandoned two major US projects due to supply chain and interest rate impacts…
Siemens Energy shares in Germany crashed on Thursday after the company warned its wind turbine business is grappling with quality issues and offshore ramp-up challenges. The company said it's evaluating various…
Reality has returned to the European offshore wind sector, bringing financial challenges to the forefront. These challenges are not solely due to higher interest rates but are increasingly driven by…
The offshore wind industry is in crisis. Already this year, projects across Europe and the United States have been delayed or shelved thanks to a “perfect storm of supply chain…
Europe and the United States risk missing their ambitious wind power installation targets as soaring costs, supply chain delays, and low electricity prices at auctions hamper development and lead to…
No energy companies have so far submitted bids in the UK’s 5GW offshore wind auction, with the government coming under fire for ignoring…
The world's largest offshore wind farm developer is preparing to walk away from US projects unless the Biden administration guarantees more support, Bloomberg
While the total number of offshore wind projects, both existing and projected, continues to surge, the sector now grapples with typical economic and financial challenges. In recent weeks, offshore wind…
Bill payers are being left £1.5bn worse off per year due to Treasury red tape blocking new offshore wind projects, according to new research from the Energy and…
Lebanon has now been in its economic and energy crisis for around two years, battling every day with a lack of electricity and relying on generators for the most basic…
Back in June, the chief executive of Danish wind turbine major Ørsted said the British government needed to provide more financial support for the wind industry because of rising costs.…
A financial crisis is unfolding in the offshore wind power industry. The ultra-efficient and reliable form of clean energy production is an essential component of all of the world’s possible…
Last year, the Biden administration outlined a range of clean energy initiatives it plans to undertake, key among them being the largest-ever sale of offshore wind leases in U.S.…
In a move that gives the lie to years of propaganda claiming falling costs, the wind industry’s leading lobbyists have written to the Government threatening to abandon the U.K.…
Britain risks failing to to meet its offshore wind ambitions, unless over £100bn is invested across the sector by the end of the decade, an industry body has…
Offshore wind developments are a critical component of Europe’s energy transition plans, but a supply headache could be on the horizon for the industry before the end of the decade.…