News & in-depth analysis of Mainstream Renewable Power's wind energy business, contracts and deals.
UK company National Grid has booked a 拢303 million ($402 million) impairment on the 2.8GW Community Offshore Wind project it is developing in the New York Bight alongside German utility RWE.
Plans proposed by the Republicans to gut Inflation Reduction Act (IRA) tax credits in the US will deter development of new wind and solar projects in the country, energy consultancy Wood Mackenzie has warned.
The Polish Wind Energy Association (PSEW) is hopeful that a landmark bill to liberalise the country鈥檚 onshore wind power sector will still pass, regardless of the outcome of this weekend鈥檚 presidential election, arguing that national energy security and competitiveness should 鈥渢ake precedence, regardless of political differences鈥.
Oil major Shell will extend the lifespan of the Netherlands鈥 first offshore wind farm after signing a new power purchase agreement (PPA) with technology giant Google.
The CEO of Siemens Gamesa鈥檚 parent company believes increased uncertainty in the US offshore wind sector vindicates the turbine maker鈥檚 decision not to build additional offshore wind factories in the country.
脴rsted will not bid for a new power deal for its shelved Hornsea 4 offshore wind project before 2027, its CEO Rasmus Errboe said in a conference call today (7 May).