Vestas to acquire LM Wind Power factory in Poland

Vestas has signed a deal to acquire GE Vernova-owned LM Wind Power's blade factory in Poland for an undisclosed sum.

RWE earnings squeezed as weak winds hurt offshore yields

RWE reported squeezed operational profits in its offshore segment amid difficult wind conditions and a troubled macroeconomic picture in the first quarter of 2025, but showed positive growth in its onshore wind and solar division.

Equinor rejects calls to scrap offshore wind business

Oil major Equinor resisted shareholder pressure to scrap its wind power business and decommission all its wind projects at its annual general meeting.

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Policy latest

Republicans propose bill to scrap IRA renewables tax credits

Planned Republican Party legislation to end tax credits for renewable energy manufacturing in the US would hamper national energy security, according to clean energy industry groups.

RWE and Equinor set to benefit from UK's 4.7GW offshore wind boost

The UK’s seabed landlord, the Crown Estate, unveiled plans to extend the capacity of seven offshore wind farms in England and Wales today (9 May).

UK to shake up renewable energy auction scheme

The UK government has confirmed it will shake up its contracts for difference (CfD) renewable energy auction scheme by now allowing the net zero secretary to review bids before setting a budget.