Third GE Turbine Blade Breaks Off at Troubled Wind Farm
A third turbine blade has broken off a GE Vernova 5.3 MW Cypress turbine at Sweden’s Björkvattnet wind farm, which supplies most of its power to Google under a long‑term PPA. The farm, operated by OX2 for investor Infravia, has already endured crane accidents and blade failures in 2021, 2022, and a similar incident in Germany in 2023. GE Vernova is cooperating with investigators, while local residents complain about limited information. The recurring failures raise questions about the reliability of GE’s new two‑piece carbon blade technology.
Wind and Solar Investors 'Threaten Legal Action' Over Tariff Pact
Vietnam has retroactively reduced the subsidised feed‑in tariffs for wind and solar projects, a change that takes effect in January 2025. The move has sparked a dispute involving investors from the EU, UK, Japan, South Korea and Thailand, who sent...
Orsted’s Hornsea Chief Describes 'Juggling Act' After Monopile Deal Collapse
Orsted’s Hornsea 3 chief announced the collapse of a major monopile contract, forcing the 2.9 GW offshore wind project to pause its foundation procurement. The decision highlights the difficulty of securing large‑scale steel structures for the UK’s expanding offshore wind fleet....
The Four Mega-Firms Tightening Their Grip on a 'Two Speed' Global Clean Power Market
Four U.S. tech giants—Meta, Amazon, Google and Microsoft—accounted for 49% of global clean‑power purchase agreements (PPAs) in 2025, the year total PPA activity fell for the first time since 2016. Together they secured 20.4 GW, enough to power Denmark, and are...
Equinor's 10% Hurdle: What It Means and Why It Matters for Wind
Equinor has introduced a 10% internal rate of return (IRR) hurdle for its renewable‑energy investments, tightening the profitability bar for new wind projects. The policy reflects the Norwegian oil major’s move toward stricter capital allocation as it expands its offshore...
New York Could Fund Offshore Wind Projects to Stop Trump Destroying Industry
New York’s energy agency is exploring a pre‑development financing program to keep offshore wind projects viable after the Trump administration’s regulatory rollbacks. The proposal would allocate roughly $1 billion to cover permitting, engineering, and early‑stage financing studies, allowing projects to move...
Denmark’s Capability-Based CfD: A Bold Experiment in Offshore Wind Support
Denmark is redesigning its offshore wind support by introducing a capability‑based two‑way contract‑for‑difference (CfD) for a 2.8 GW tender after a 2024 auction failed to attract bids. Unlike traditional production‑based CfDs, compensation is calculated on the wind farm’s available active power...
Three Ways to Unleash Wind Projects Stuck in Grid Queues, According to the IEA
The International Energy Agency (IEA) revised its wind‑power outlook, emphasizing the need for greater system flexibility to clear long grid‑queue backlogs. It warned that solar will soon generate twice as much electricity as wind, reshaping the renewable mix. The agency...
National Giant to Build Asian Country's First Offshore Array, Beating 'Surprised' European Player
German renewables developer PNE was passed over for a 2 GW offshore wind farm off Vietnam’s Binh Dinh province, with authorities selecting VinEnergo, a new Vingroup subsidiary. The $4.6 bn project is part of Vietnam’s pledge to install 6 GW of offshore wind by...
