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Sept. 9 - FairWind, a global leader in wind turbine installation and service solutions, has appointed Aitor Diaz de Lezana Fernández to the newly created role of Regional Head of Service for Southern Europe, South America & South Africa (SESA). Mr Diaz de Lezana Fernández brings more than 19 years’ experience in the wind sector,... Continue Reading →
Sept. 5 (Reuters) Danish wind farm developer Orsted cut its operating profit outlook for 2025 on Friday, shortly before shareholders were set to vote on a crucial capital raise as the company battles U.S. President Donald Trump's opposition to wind power. Once celebrated as a trailblazer in offshore wind, Orsted now finds itself in dire... Continue Reading →
Sept 4 (Reuters) - Danish offshore wind developer Orsted and the states of Rhode Island and Connecticut announced lawsuits against the Trump administration on Thursday, alleging its decision to block construction of the nearly finished Revolution Wind project is illegal. The separate complaints are the latest twist in a saga that started last month when U.S.... Continue Reading →
Sept 1 (Reuters) - Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, opens new tab, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector. The energy company said it planned to participate in Orsted's 60-billion Danish crown ($9.4 billion) rights issue by subscribing... Continue Reading →
Aug.t 26 (Reuters) U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden's climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for clean energy... Continue Reading →
Aug 25 (Reuters) - Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments. Orsted, the world's biggest offshore wind farm developer, has already faced mounting challenges, including rising costs, higher interest rates, and supply chain disruptions,... Continue Reading →
Aug 13 (Reuters) - Danish wind turbine maker Vestas swung to a profit in the second quarter from a loss a year before, maintaining its financial outlook for 2025 on expectations it could overcome the impact of U.S. policy uncertainty. Vestas reported an April-June operating profit before one-off items of 57 million euros ($66.56 million) on... Continue Reading →
Aug 11 (Reuters) - Denmark's Orsted (ORSTED.CO), opens new tab on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as the wind farm developer seeks to boost its finances amid U.S. President Donald Trump'sopposition to wind power. Struggling in recent years with soaring inflation and logistical problems that sent costs soaring,... Continue Reading →
(OE) Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname. Blue Water team in Suriname will offer rig agency and the logistics and shorebase support Noble Developer, engaged in drilling operations in Block 52. Located strategically off the... Continue Reading →
(offshoreWIND.biz) The Danish government will launch a 3 GW offshore wind tender this autumn, providing support through two-sided Contracts for Difference (CfD), following the suspension of the previous auction round earlier this year. The tender will open in autumn 2025 and will cover three areas, two in the Danish North Sea and one separating Denmark... Continue Reading →
Brazil Energy Insight 