Goldwind Share Price Surges 15.8 Percent After Strong Q1 2025 Results
China’s largest wind turbine manufacturer increased its profit by 71% against the same period in 2024.
Norlys Energy Trading at Risk of Losing Millions After Green Hydrogen Systems Crisis
The ailing hydrogen company could trigger major losses for Danish Norlys, CEO admits.
Equinor Faces Uncertain Future as US Halts Empire Wind Project
In addition to repayment of the EUR 10bn drawn so far for project financing, a full stop for Empire Wind would cost Equinor an unknown sum for termination of contracts.
Sif Group Continues Foundation Work for Empire Wind 1 Project Amid Offshore Construction Suspension
Although Equinor has suspended construction of the US offshore wind farm following government orders, foundation manufacturer continues production ”in accordance with the contract”.
Empire Wind Project Halted by US Government Amid Offshore Wind Policy Review
Home Secretary calls for a construction halt at Equinor’s Empire Wind project and orders all other approved offshore wind projects to have permits re-examined.
Vestas Powers Ahead with 32% Share of Germany’s New Wind Capacity in Q1 2025
After Vestas, domestic wind turbine manufacturers Enercon and Nordex followed with 29% and 28% of the newly installed capacity.
Shell’s €1.9 Billion Bet on Biogas: A Step Toward a Low-Carbon Future
It was one of the largest deals in the Danish energy sector ever. Now, for the first time, Shell explains why it paid nearly EUR 2bn for Danish biogas producer Nature Energy.
RWE CEO Highlights Key Barrier: Wind Tenders Only Succeed When Projects Get Built
”And there are a number of projects where I’m not so convinced,” says RWE CEO Sven Utermöhlen.
U.S.-EU Tariff Talks Stall as Limited Progress is Made
A two-hour meeting between the EU’s trade chief and members of the Trump administration has sparked no faith that the high tariffs will be dropped when the current tariff pause expires.
EU Commissioner Calls for Action to Attract Young Talent to the Wind Industry
Europe needs green, cheap and local energy sources to achieve competitiveness, security and energy independence. Skilled labor is the prerequisite in these ambitions, says Commissioner Roxana Mînzatu.
Swedish Investigation Clears Chinese Ship of Deliberate Damage to Baltic Sea Cables
Suspicion was directed at Russia and a Chinese ship, but no evidence has been found, says Swedish investigator.
IEA Slashes Oil Demand Forecasts for 2025 and 2026 Amid Global Trade Tensions
About half of the decline in demand growth is concentrated in China and the US.
EU Set to Reveal Plan to End Russian Fuel Imports by 2027
In May, the European Commission will present its plan to stop Russian oil and gas imports.
Oil Prices Rise as US Signals Tariff Exemptions and China Boosts Demand
At the same time, China’s increasing oil imports are leaving their mark on oil prices.
TenneT CEO Highlights Three Key Bottlenecks Slowing Power Grid Expansion
Rapid expansion of energy production in the North Sea is necessary for energy independence in Europe, says Tennet director