Vineyard Wind sues GE Vernova to block it from abandoning work on wind farm

April 10 (Reuters) - Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 ​billion offshore wind farm in Massachusetts on the eve of completion. Vineyard Wind, a ‌joint venture between Spain's Iberdrola and Denmark's Copenhagen Infrastructure Partners, filed a lawsuit this week in... Continue Reading →

Orsted CEO eyes boost to European offshore wind from energy crunch

April 9 (Reuters) - The Middle East war is giving ‌fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen ​energy prices soar in recent weeks as the U.S.-Israeli war ​on Iran, and Teheran's blockage of shipments through... Continue Reading →

Renewable energy producers downsize operations in Brazil due to operational restrictions

March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with major ​power generators scaling back operations and cutting jobs due to generation restrictions that the national grid ‌operator imposed on wind and solar plants in 2023, companies told Reuters. Atlas Renewable Energy, owned by Global Infrastructure Partners (GIP) under BlackRock, Newave Energia,... Continue Reading →

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