German Wind Group Seeks 16GW Return Option to Avoid Offshore Gridlock
The German Offshore Wind Energy Federation (BWO) is urging the government to create a legally binding, voluntary return mechanism for offshore wind sites awarded in the 2023‑2025 tender rounds. Developers could relinquish sites that face prolonged grid‑link delays, preventing years‑long stand‑still of valuable maritime zones. The proposal aims to keep the offshore wind pipeline flowing while the transmission network catches up with the rapid pace of project approvals. BWO argues that without such a tool, Germany risks missing its 2030 offshore wind capacity goals.
Singapore and Japan Launch Floating Wind Pact as Recharge Summit Kicks Off
Singapore and Japan unveiled a bilateral pact to develop floating offshore wind projects at the inaugural Recharge Wind Power Summit. The agreement aims to combine Japan's advanced turbine technology with Singapore’s strategic location and financing expertise. Both governments highlighted the...
Asia's Offshore Wind Ambitions Hinge on Bankable Auctions After Europe's Costly Lessons
Asian offshore wind markets are racing to replicate Europe’s recent auction success, but must design bankable tender structures to avoid costly delays. South Korea’s latest auction attracted nine bids totaling 3.6 GW, twice the capacity on offer, and highlighted a push...
Record Deal to Merge NextEra and Dominion Would Create New Wind Giant
U.S. utility NextEra Energy is nearing a deal to acquire Dominion Energy, a transaction that would set a record for the size of a power‑sector merger and create the nation’s largest wind‑power operator. The combined company would control roughly 40 GW...
One Problem, Three Answers – RWE, Equinor and Iberdrola
Europe’s three biggest power groups—RWE, Equinor and Iberdrola—are confronting a common threat: falling electricity prices as wind and solar capacity proliferates. Each firm has crafted a distinct capital‑allocation play to protect margins. RWE is turning surplus renewable output into green...
Chinese Wind Turbine Makers Sweep Global Top Five for First Time
Chinese wind turbine manufacturers have captured all five spots in the Global Wind Energy Council's ranking of new installations for 2025, marking the first time the top tier is exclusively Chinese. Goldwind topped the list, followed by three other Chinese...
CIP Leads the Pack as Korea's Latest Offshore Wind Auction Attracts Bumper Capacity
Copenhagen Infrastructure Partners (CIP) emerged as the frontrunner in South Korea’s latest offshore wind auction, which attracted bids totaling 3.6 GW from nine projects. The auction covers both fixed‑bottom and floating platforms, marking the first time a single developer is active...
Strong Policy, Weak Delivery: Statkraft Boss on Where UK and Ireland Fall Short on Renewables
Statkraft is scaling a diversified portfolio of wind, solar, battery and grid‑stability projects across the UK and Ireland, with more than 1 GW of developments in the pipeline. The company has already brought 300 MW of lithium‑ion batteries online in Scotland and...
Orsted Hints at Renewed Appetite for Growth in Key APAC Markets Including South Korea and Australia
Orsted, the Danish offshore‑wind leader, announced it is ready to chase new projects in South Korea, Australia and Taiwan after bolstering its capital structure. CEO Rasmus Errboe, who took the helm in January 2025, said the firm can now pursue “value‑creating opportunities”...
Offshore Wind vs Data Centres: Battle for Capital Is on, Says Key Bank
Japan’s Mitsubishi UFJ Financial Group (MUFG) warns that offshore wind is now facing stiff competition from data‑centre projects for the same pool of capital. The bank notes that Europe’s offshore wind sector must broaden its lender base and craft financing...
Enercon to Open Turkey Blade Factory to Fulfil Local Content Rules
Enercon announced plans to construct a wind turbine rotor‑blade factory in Turkey’s Izmir province. The facility will primarily serve the Turkish market, helping the company meet the country’s local‑content regulations, while also targeting exports to Southern and Eastern Europe. Construction...
Mingyang Gets Go-Ahead for Colossal Wind and Green Hydrogen Project
Chinese wind turbine leader Mingyang has been granted a $15 bn investment licence to develop a massive renewable‑energy complex in Ethiopia. The first phase will deliver 8.4 GW of power—5.4 GW from wind and 2.8 GW from solar—at a cost of $7.47 bn, expanding Ethiopia’s...
The Scale of Big Oil's Retreat From Wind and Solar – and Why It's Speeding Up
Big Oil firms are rapidly scaling back investments in wind and solar, with the latest data showing a combined $15 billion reduction in renewable capital spending across Shell, BP, and ExxonMobil in 2025. The retreat is driven by tighter cash flows,...
Chinese Giant Plans Canada Entry with Large Wind-Storage Project
Chinese manufacturer Envision Energy signed a strategic partnership with Cape Breton China Corp. to explore renewable projects in Nova Scotia. Their first joint venture is a 300 MW wind‑power and battery‑storage facility in Sydney, supporting the province’s goal of 80% clean...
Iran Oil Crisis: Geography of Energy Risk Is Changing with Renewables, Not Disappearing
The article warns that batteries, while touted as a path to energy independence, are creating a new concentration risk because China dominates the supply chain for cells and critical materials. It cites the $1.5 trillion, ten‑year JP Morgan initiative focused on nuclear,...
Suzlon Eyes Building New Wind Turbine Factory in Europe
Suzlon announced plans to build its first wind turbine factory in Europe, contingent on securing enough orders. The company unveiled its new Blue Sky platform featuring 5 MW and 6.3 MW models aimed at the European market. A leadership refresh – a...
Ten Years of Nordex-Acciona Merger – a Lesson in Empire Building
A decade ago Acciona exchanged its wind‑turbine business for a near‑30% stake in German turbine maker Nordex, also purchasing additional shares from the Quandt family. The swap gave Acciona a strategic foothold in the European wind market while Nordex gained...
Germany Opens €5bn Subsidy Scheme to Help Industry Electrify
Germany has launched the second round of its Carbon Contracts for Difference (CCfD) scheme, allocating €5 bn ($5.9 bn) to subsidise industrial electrification, hydrogen use and carbon capture. The programme pays the gap between EU ETS carbon prices and a pre‑set strike...
Engie CEO Says Batteries Making Wind and Solar Bankable
Engie CEO Catherine MacGregor said batteries are turning wind and solar projects into bankable assets as the utility adds 400 MW of battery‑energy‑storage systems in Q1, pushing its portfolio past 1 GW. An IEA report shows solar‑plus‑storage can now deliver firm power for...
SMRs v Renewables: Mini Nuclear's Costs Judgement Day Is Coming
The European Commission unveiled its first Small Modular Reactor (SMR) strategy, projecting up to 53 GW of SMR capacity in the EU over the next 25 years. Early deployments are expected around 2030, with projects in Canada, the UK, Czechia and Sweden...
Reform Hits Back Against RenewableUK Chief in Row over Wind Farm Support
Reform UK has pledged to scrap Contracts for Difference (CfD) for wind and solar farms if it wins power, prompting RenewableUK chief Tara Singh to warn the move would erode investor confidence and raise project costs. Singh, a former Shell...
Vestas CFO Doesn't Expect Offshore Wind to Be Profitable This Year
Vestas CFO Jakob Wegge‑Larsen told Recharge that the company’s offshore wind segment will not achieve profitability in 2024. The shortfall stems from elevated manufacturing costs as the firm ramps up turbine production. Despite robust market demand, cost pressures and lingering...
Orsted Profit Falls as US Impairments Offset Stronger Wind Generation
Orsted reported a first‑quarter profit decline in 2026, primarily driven by impairment charges on its U.S. wind assets. Despite the hit to net earnings, the company’s underlying earnings rose as both offshore and on‑shore wind generation increased. The impairments reflect...
Vestas Reaches Highest Q1 Profitability Since 2018
Vestas reported its strongest first‑quarter profitability since 2018, with revenue climbing 14% to €4 bn ($4.7 bn). EBITDA rose to €400 m ($472 m) and net profit surged to €70 m ($83 m), up from €5 m a year earlier. The company’s order intake jumped 44% to...
'A Bit of a Fuck You': Ex-Orsted Star on Why She Launched New Women's Group
Former Orsted and Vestas veteran Christina Aabo has launched a grassroots women’s group for the wind sector after growing frustration with superficial diversity pledges. She argues that many industry leaders treat inclusion as a branding exercise, offering “free‑rider” positions without...
RWE Offshore Wind CEO Utermöhlen to Leave Company
RWE’s offshore wind chief executive Sven Utermöhlen will leave the company on 30 September 2026, ending a seven‑year tenure that saw the unit become the world’s second‑largest offshore wind operator. He will be succeeded by current CTO Tobias Keitel on 1 October 2026, while Julian Garnsey, long‑time...
How Landmark Ruling in Orsted Tax Dispute Will Affect Future UK Offshore Wind Projects
The UK Supreme Court ruled that pre‑construction surveys and studies for offshore wind farms do not qualify for capital allowances under the Capital Allowances Act 2001. The decision, arising from Ørsted’s dispute with HMRC, narrows the definition of expenditure “on”...
Trump Official Signals Turnaround on Blocked Wind and Solar Projects
U.S. Interior Secretary Doug Burgum told the Senate Energy Committee he will resume processing permits for solar and wind projects that have been held up by his office, complying with a recent federal court order. The court on April 21...
CIP Acquires Orsted’s European Onshore Wind Business, Launches Perigus Energy
Copenhagen Infrastructure Partners (CIP) has completed the €1.44 bn ($1.7 bn) acquisition of Ørsted’s European on‑shore renewables business, rebranding it as Perigus Energy. The new entity controls about 826 MW of operating assets and a multi‑gigawatt pipeline in Ireland, Germany, the UK and...
Equinor Exec Who Led Oil Giant's UK Wind Power Push Departs
Equinor vice‑president Halfdan Brustad announced his departure, ending a 16‑year renewable energy tenure that began in 2007. Brustad was instrumental in Equinor’s UK offshore wind push, overseeing the Dogger Bank project—three 1.2 GW phases with a potential fourth—and securing extensions for...
EDP Chief Warns over Barriers to PPAs
Duarte Bello, EDP’s Europe chief, warned that while power purchase agreements (PPAs) are vital for industrial electrification, high transaction costs, taxes and credit‑risk concerns limit their uptake. EDP’s renewables arm, EDPR, already manages more than 16 GW of long‑term PPAs, but scaling...
CIP Warns Europe Has Wrong Market Conditions for Grid Expansion
Copenhagen Infrastructure Partners’ COO warned that Europe’s grid expansion is hampered by outdated regulation, public‑ownership structures, and a weak political mandate, despite an estimated €120 bn ($141 bn) investment need. He highlighted a risk‑return mismatch caused by rising interest rates, which makes...
Siemens Gamesa Offshore CEO on Why There Is a 'Dark Cloud' Over Sector
Siemens Gamesa offshore‑wind chief Marc Becker praised recent European policy pledges to accelerate offshore‑wind capacity, but cautioned that a "dark cloud" still looms over the industry. He highlighted that while new targets could unlock billions in investment, lingering supply‑chain constraints and cost...
Size Matters: US Wind Rebound Driven by Dominant Players
A new American Clean Power Association report shows three major developers accounted for more than half of the United States' on‑shore wind capacity additions in 2025, ending a six‑year slump in new builds. The surge added roughly 15 GW of on‑shore...
US Investment Giant Swoops for Stake in European Wind Developer
Blackstone’s infrastructure fund is committing up to $2.3 bn for a 24.7% stake in Danish renewables developer Eurowind Energy. The investment gives the U.S. giant a foothold in a company active in on‑shore wind, solar, battery storage and biogas across 16...
The Danish Wind Group Upending Orthodoxy to Grow Its Business
Denmark’s KK Group is reshaping wind‑energy supply chains by introducing modular turbine retrofits and a performance‑based financing model, which the CEO says will slash installation time and cut costs. The strategy also includes vertical integration to reduce supply‑chain expenses and...
Central European Giant Seeks Partner for Tender-Winning Baltic Sea Offshore Project
Poland's energy giant Orlen, the largest company in Central and Eastern Europe, announced it is looking for a joint‑venture partner to develop the Baltic East offshore wind project, which recently secured a competitive Baltic Sea tender. The project will enable Orlen...
How Europe's Biggest Blackout Helped Turn Role of Renewables on Its Head
A year after the April 28, 2025 Spain‑Portugal blackout that left 60 million people without power, Spain revised its grid rules to let wind and solar plants provide real‑time voltage control. The change enabled 74 renewable facilities—32 solar and 17 wind—representing 6.7 GW to...
CIP: We Stayed Out of ‘Stupid Auctions’ – and Now Offshore Wind Looks Investable Again
Copenhagen Infrastructure Partners (CIP) is reallocating capital across offshore wind, on‑shore wind, solar and battery storage after avoiding poorly designed auctions that offered little upside. The firm says regulatory uncertainty and flawed auction structures forced it to focus on markets...
GE Vernova Blade Break Halts Wind Farm Using Biggest Onshore Turbines
A blade on one of GE Vernova's 6.1 MW, 158‑meter onshore turbines snapped at the Drumlins Park wind farm in County Monaghan, Ireland, forcing the 49 MW site to shut down as a precaution. The incident, captured on drone footage, caused no injuries...
Deals of the Week: TotalEnergies, RWE, Enviromena, Enercon, Galp
TotalEnergies announced a $1.2 bn on‑shore wind‑plus‑battery project in Kazakhstan, opting for 6.5 MW turbines supplied by China’s Envision Energy. The megaproject, slated to deliver roughly 1 GW of clean power, underscores the French supermajor’s pivot toward larger, more efficient turbine technology. The...
Ireland Promises to Prioritise Grid Package when It Takes over EU Presidency
Ireland will take over the rotating EU Council presidency in July 2026 and has pledged to make the European grids package a top priority. The package is designed to modernise transmission networks, boost cross‑border interconnections and accelerate storage, thereby delivering...
The Trust Challenge: Why Local Protests and Fake News Threaten Wind’s €5 Trillion Expansion
WindEurope’s Madrid summit underscored a unified call for stable, fast‑track policies, but the industry faces a parallel battle against misinformation and local opposition that could jeopardize the projected €5 trillion (≈$5.4 trillion) investment in new wind capacity over the next 25 years....
EU Warned over 'Disastrous' PPA Own Goal Just as It Tries to Promote Them
The European Union is facing criticism that its draft eco‑rules could exclude corporate power purchase agreements (PPAs) from carbon‑footprint calculations. Industry groups warn that this would strip manufacturers of green‑energy credits, undermining the incentive to invest in wind and solar...
Solar Beats Wind for First Time Ever After 'Unprecedented' Growth
In 2025 solar power generated 2,778 TWh, overtaking wind’s 2,715 TWh for the first time, while renewables collectively supplied 10.7 TWh—just ahead of coal’s 10.5 TWh. The surge was driven largely by a massive Chinese photovoltaic expansion that accounted for more than half of...
Vestas CEO Warns of 'Real Killers and Poison' To Offshore Wind in Impassioned Remarks
Vestas chief executive Henrik Andersen used the WindEurope summit in Madrid to warn that offshore wind faces several "real killers and poison," including supply‑chain bottlenecks, soaring steel prices and regulatory uncertainty. He highlighted the geopolitical fallout from the Iran energy...
GE Vernova Books Turbine Deals in Resurgent German Wind Market
GE Vernova announced contracts to supply 71 MW of onshore wind turbines to German developers BBWind and Greenvolt, marking a notable win in Europe’s largest non‑Chinese wind market. The orders will be partially built at the Salzbergen plant, which produces key...
Enercon Signs Large Framework Deal to Supply New Flagship Turbine to Canada
Enercon has secured a framework agreement to supply its flagship E‑175 EP5 E2 turbine to Canadian wind projects totaling more than 440 MW. The 7 MW turbine comes equipped with a cold‑climate system and blade‑heating technology designed for the country’s severe winters. Delivery will...
Grid Operators Move to Tackle Europe's Offshore Wind Cable Challenge
Five leading European transmission system operators have signed a memorandum to deepen cooperation on offshore wind cable infrastructure. The alliance aims to harmonize design standards, pool procurement and share best‑practice data to curb the soaring €1‑2 billion (≈$1.1‑$2.2 billion) annual cost of...
EU Unveils Energy Crisis Plan
The European Union unveiled a new energy‑crisis plan that prioritises cheaper electricity and accelerated electrification to mitigate the fallout from the Iran‑Russia war’s impact on energy markets. A core element is taxing electricity at a lower rate than fossil fuels,...