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News & in-depth analysis of offshore wind power and business, companies, contracts and deals.

Latest news

RWE Renewables grows pipeline to 20GW

RWE Renewables grows pipeline to 20GW

RWE Renewables has grown its clean energy pipeline to around 20GW in the first few weeks after completing its acquisition of Innogy and E.on's portfolios, the developer announced.

Lars Bondo Krogsgaard leaves MHI Vestas

Lars Bondo Krogsgaard leaves MHI Vestas

MHI Vestas's co-CEO Lars Bondo Krogsgaard has resigned and has been replaced by Vestas' former vice president of product management, Johnny Thomsen.

SGRE offshore sales grow 11%

SGRE offshore sales grow 11%

Sales of SGRE offshore wind turbines increased 11% year-on-year, amounting to €3.1 billion of revenue towards the group's total income for 2019.

Shell to acquire floating developer Eolfi

Shell to acquire floating developer Eolfi

Royal Dutch Shell has agreed to acquire French floating offshore wind developer Eolfi, as the oil giant expands further into the sector.

GE Renewable Energy continues to operate at a loss

GE Renewable Energy continues to operate at a loss

The conglomerate's renewables business posted its third straight quarterly net loss despite growth in revenue and orders.

Renewables spending bears fruit at Iberdrola

Renewables spending bears fruit at Iberdrola

Spanish energy giant Iberdrola said record investment in its network and renewables division has reaped rewards with net profit growing 20.4% in the first nine months of the year.

In depth

Rush to beat subsidy end puts the squeeze on supply chains

China might struggle to meet growing offshore demand, while construction and connection bottlenecks could lead to project cancellations in the US.

Macquarie benefits from Unicredit's Bard Offshore 1 write-off

What has Macquarie Infrastructure and Real Assets (MIRA) bought in its takeover of Ocean Breeze Energy, owner of the 400MW Bard Offshore 1 project in the North Sea?

Ørsted's US win a "vindication", says WoodMac

Having struggled to succeed since it entered the US market in April 2015, the fact that Ørsted now has over 3GW of contracted wind capacity is a "vindication" of its decision to cross the Atlantic, says Wood Mackenzie Power and Renewables (WMPR) senior analyst Anthony Logan.

The hot and cold markets of 2019 so far

As we reach the mid-point of the year, Windpower Monthly takes a look at which markets are on a hot streak, and which are suffering from a freeze in installations.

GE cuts losses to focus on Haliade-X

GE Renewable Energy will focus on the industrial strategy for its Haliade-X 12-14MW offshore wind turbine, after dropping the two French offshore projects earmarked for the firm's increasingly outdated 6MW model.

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