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Is Big Solar Beating Big Oil in 2024?

Is Big Solar Beating Big Oil in 2024?

Bloomberg has revealed that the seven largest…

Alternative Energy / Wind Power

Power Utility Urges New UK Government To Speed Up Wind Growth

Jul 12, 2024 at 03:49 | Irina Slav

German RWE, the largest power generating utility in the UK, has urged the new Labour government to speed up the expansion of offshore wind capacity if it is…

Wind Power Prices Must Rise to Meet UK's Clean Energy Goals

Jul 11, 2024 at 01:03 | Irina Slav

The UK’s government must offer higher prices for offshore wind power generation or miss the capacity targets it has set itself, climate think tank Ember has

Game-Changing Research Unlocks New Wind Energy Potential

May 20, 2024 at 08:43 | Brian Westenhaus

EPFL (École Polytechnique Fédérale de Lausanne) researchers have used a genetic learning algorithm to identify optimal pitch profiles for the blades of vertical-axis wind turbines. Vertical-axis wind turbines with their…

Vertical Axis Wind Turbines Redefined by Machine Learning

May 17, 2024 at 08:41 | Brian Westenhaus

EPFL (École Polytechnique Fédérale de Lausanne) researchers have used a genetic learning algorithm to identify optimal pitch profiles for the blades of vertical-axis wind turbines.

Norway Launches Its First Offshore Wind Auction

Mar 18, 2024 at 09:59 | Charles Kennedy

Norway launched early on Monday local time its debut offshore wind auction, targeting up to 1.5 gigawatts (GW) of power capacity in the North Sea south of its coasts. “I…

UK Windfarm Fined for Breaching Energy Market Rules

Mar 04, 2024 at 07:42 | City A.M

A windfarm on the land owned by a disgraced former City financier and conservative party donor has been slapped with a fine for overcharging customers. Energy…

U.S. Offshore Wind Projects Hit by Surging Costs

Jan 22, 2024 at 08:02 | Irina Slav

The Biden administration wants to build 30 GW of offshore wind generation capacity by 2030. To this end, the federal government has been holding tenders for offshore wind farms and…

Djibouti's New 60 MW Wind Farm Boosts Green Energy

Nov 15, 2023 at 07:59 | Oxford Business Group

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.…

Germany To Bail Out Siemens’ Struggling Wind Turbine Division

Nov 10, 2023 at 07:08 | ZeroHedge

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…

America’s Offshore Wind Industry Is A Mess

Nov 03, 2023 at 08:50 | ZeroHedge

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…

Europe’s Wind Energy Giants Brace For Massive Losses And Writedowns

Nov 02, 2023 at 09:54 | Alex Kimani

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…

Biden's Wind Revolution Faces Setback As Major Projects Halted

Nov 02, 2023 at 08:36 | ZeroHedge

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 Crash 37% As It Reports Wind Turbine Quality Issues

Oct 26, 2023 at 09:55 | ZeroHedge

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…

Dutch Energy Minister Admits That Wind Power Agenda Is Pricier Than Anticipated

Oct 17, 2023 at 09:01 | Cyril Widdershoven

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…

Offshore Wind Industry Hits Rough Waters Amid Rising Costs

Oct 03, 2023 at 08:48 | Haley Zaremba

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…

Challenges Escalate For The Wind Energy Industry

Sep 29, 2023 at 08:52 | Tsvetana Paraskova

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…

Offshore Wind Can Be Boon Or Bust, Depending On Where You Are

Sep 11, 2023 at 09:26 | Alex Kimani

No energy companies have so far submitted bids in the UK’s 5GW offshore wind auction, with the government coming under fire for ignoring…

Orsted Threatens To Abandon U.S. Offshore Wind Projects

Sep 08, 2023 at 08:44 | ZeroHedge

The world's largest offshore wind farm developer is preparing to walk away from US projects unless the Biden administration guarantees more support, Bloomberg

Natural Gas Stands To Win As Offshore Wind Takes A Hit

Sep 01, 2023 at 13:15 | Cyril Widdershoven

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…

Offshore Wind Red Tape Costing UK Tax Payers £1.5 Billion Per Year

Aug 17, 2023 at 09:05 | City A.M

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…

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