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TGS has announced changes to its executive management structure. Effective 1 June 2026, Mohammed Hegazy has been appointed Executive Vice President, Imaging, while Wadii El Karkouri will become Executive Vice President, Technology. The changes reflect TGS’ move towards a more specialised operating structure, with separate leadership for its Imaging and Technology activities.
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Power Factors has announced a new minority investment from Mubadala Investment Company, an Abu Dhabi-based global investor. Mubadala will join existing investor Vista Equity Partners.
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NRG Systems has promoted Thomas Lattanzio to director of global sales. In this role, he will lead the company’s sales activities, with a focus on market development and customer engagement across its portfolio.
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The quarterly intake of firm and unconditional wind turbine orders reached 4,504 MW, a 44% increase year-on-year.
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Ørsted’s Board of Directors has approved the interim report for the first quarter of 2026. Earnings were supported by a 27% increase in offshore generation compared to the same period in 2025, driven by ramp-up at Borkum Riffgrund 3 and Greater Changhua 4, as well as slightly higher than normal wind speeds.
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Van Ameyde Marine has appointed Ben Sturrock, formerly of Allseas, as Head of Marine Services for its UK operations. Sturrock brings extensive experience in offshore and marine operations, with a track record in delivering complex marine services across the oil and gas, renewables, shipping and loss prevention sectors.
- Copenhagen Infrastructure Partners opens regional office in Kuala Lumpur
- Flender starts operations at new Brazil facility for wind turbine services
- Norwind Offshore acquires six CSOVs from Edda Wind
- Copenhagen Infrastructure Partners completes acquisition of Ørsted’s European onshore platform
- Ming Yang considers Spain turbine factory after UK blocks Scotland plans
- Blackstone to invest in Eurowind Energy to expand European renewables portfolio
- Subsea7 reports strong renewables activity and improved Q1 2026 performance
- North Star expands offshore wind fleet with Edda Wind SOV acquisition
- Iberdrola reports network-led growth and upgrades 2026 outlook in UK and USA
- Vattenfall reports higher earnings in Q1 2026 supported by Nordic electricity market
- Siemens Gamesa shows improved margin performance as Siemens Energy raises full-year outlook
- Nordex reports higher revenue and improved margins in Q1 2026
- Iberdrola completes sale of 2,600 MW Mexico portfolio
- GE Vernova reports mixed wind performance with onshore growth and offshore project progress
- Fugro reports stable margins as growth in other markets offsets weaker offshore wind activity
- Windar Photonics appoints Andreas Berg Nielsen as chief executive officer
- KK Group to acquire PowerCon
- Centurion Group expands USA onshore wind footprint with Trand acquisition
- Iberdrola reports 9.7% increase in electricity distribution in first quarter of 2026
- Partrac expands V LiDAR fleet for offshore wind measurement
- AF Gruppen acquires Claxton Engineering Services to expand offshore decommissioning and wind capabilities
- European Energy expands 2028 green bond to support project pipeline
- Fugro commissions ROV test pool in Singapore to support offshore operations
- Gurit reports Q1 2026 results with growth in wind segment
- Enercon advances production ramp-up for E-175 EP5 E2 turbine in Germany
- North Star appoints Duncan Palmer, promotes Joanna Lang and names Kenneth Coughlan as CTO
- ZX Lidars appoints Alex Woodward as Managing Director
- Hexicon reports 10.9 GW portfolio and project updates in 2025 annual report
- Equinor reduces stake in Scatec
- Ventus Energy promotes Alastair Symington and Matt Holden to senior roles
