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Hexicon has published its interim report for the first quarter of 2026, highlighting continued restructuring activities and progress across its offshore wind project portfolio. During the quarter, the company confirmed that the remaining projects held by Hexicon Holding retained sufficient value to support the company’s equity position following completion of a control balance sheet review. The period also included progress at the Pentland floating offshore wind project, in which Hexicon holds a 10% stake, after the project secured a Contract for Difference covering 92.5 MW.
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Suzlon reported consolidated revenue of Rs 16,679 crore for FY26, up 54% from FY25, while EBITDA increased 63% to Rs 3,022 crore. Profit after tax rose 53% year-on-year to Rs 3,163 crore. Suzlon reported an EBITDA margin of 18.1% for the financial year, compared with 17.1% in FY25.
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Jumbo has signed a contract with Dajin Heavy Industry for the construction of two heavy lift transportation vessels. The vessels will form Jumbo’s new L-Class fleet, designed for a range of heavy lift transport operations. Each L-Class vessel will be equipped with two 1,200-tonne heavy lift cranes supplied by Huisman, providing a combined lifting capacity of 2,400 tonnes per vessel.
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Oceanscan Group has officially opened a new facility in Dyce, Aberdeen. The new 1,200 square metre site more than doubles the company’s operational footprint compared with its previous base in Bridge of Don. The refurbished engineering facility includes non-destructive testing and subsea calibration capabilities to support offshore campaigns.
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RES has opened a warehouse facility in Houston, Texas, USA, to support its expanding solar and battery energy storage systems operations and maintenance business in the country. The facility provides operational infrastructure for supply chain management and materials stocking.
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FairWind has appointed Felipe Ramalho as its first head of Latin America operations, strengthening its regional presence in the wind energy sector. Based in Brazil, Ramalho brings more than 15 years of experience in the energy sector, covering both legal and operational roles across wind energy businesses.
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