Scottish businesses are feeling the squeeze from rising energy costs – and the majority would support a shift to zonal pricing, according to new research commissioned by Octopus Energy Group. Nearly ...
OnPath Energy has appointed three key contractors to work on its Mill Rig Wind Farm project in Scotland. Nordex will supply and install six turbines with a tip height of up to 200m at the site, while ...
The global offshore wind industry is poised for a rebound in 2025, with capacity additions expected to reach 19GW and sector-wide expenditure projected to hit $80bn. According to research from Rystad ...
AstraZeneca and GSK have partnered with pharmaceutical suppliers to collectively procure renewable power in China. This collaboration among the 12 companies will unlock approximately 225GWh of ...
Octopus Renewables Infrastructure Trust (ORIT) has signed a new five-year term loan facility with three of its existing lenders. The £100m facility will be used to pay down a portion of the existing ...
EDP Renewables' Ocean Winds subsidiary has booked a €133m impairment for its US offshore business. The impairment assumes a four-year delay for the 2.4GW SouthCoast Wind project off the coast of ...
Acciona Energia has closed the sale of a 626MW hydroelectric portfolio in Spain to Endesa, after receiving the relevant authorisations. Acciona Energia has received approximately €1bn for the ...
Iberdrola has reported a 17% increase in net profit and earnings before interest, tax, depreciation and amortisation (EBITDA) for 2024. Net profit reached €5.6bn and EBITDA reached €16.8bn in 2024, ...
European Energy has successfully commissioned its first PV project in Australia, its 58MW Mokoan solar park (pictured). Located in Victoria State, construction of the solar park began in the first ...
Norwegian power companies Salten Kraftsamband (SKS) and NTE have signed a cooperation agreement to jointly investigate and develop wind power projects from Trøndelag and further north. SKS and NTE are ...
Green Marine UK has today announced a seven-figure capital investment in a new Subsea Services Department targeting the UK’s burgeoning offshore wind sector. The company expansion, boosted by ...
Vestas has opened a new corporate office in Houston, Texas – the energy capital of the United States. The wind turbine manufacturer currently employs more than 500 people in the state of Texas.
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