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Subsea7 reported a solid first quarter in 2026, supported by continued activity in offshore wind and other renewables alongside its subsea operations. The renewables segment delivered steady utilisation and project execution, contributing to overall performance.
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North Star has completed the acquisition of four new service operation vessels from Edda Wind, increasing its offshore wind fleet to 14 vessels. The four vessels are currently deployed on offshore wind contracts.
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Iberdrola has reported higher earnings supported by continued investment in electricity networks, particularly in the United Kingdom and the USA. The company continues to prioritise regulated activities, with a growing focus on the UK and the USA. Around 70% of planned network investments for 2025 to 2028 are allocated to these markets, while approximately 75% of EBITDA is expected to come from regulated and long-term contracted activities by the end of the decade. Electricity production is largely secured in the near term, with full coverage for 2026 and high levels already in place for subsequent years.
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Vattenfall reported stronger financial results for the first quarter of 2026, supported by stable production levels and higher electricity prices in the Nordic market. During the period, Vattenfall completed a new 150 kV power line in Luleå in northern Sweden, supporting further regional development.
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Siemens Energy has raised its outlook for fiscal year 2026 following strong first-half performance and solid market demand, while also reporting preliminary results for the second quarter. The revision reflects improved expectations across the group, including Siemens Gamesa.
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Nordex reported a positive start to 2026, with first-quarter revenue increasing by 10.6%. Turbine production increased by 23.5% to 1,494 MW. Blade production remained broadly stable at 1,172 units, despite temporary supplier delays in Türkiye. Installations reached 1,155 MW across 14 countries, up from 1,046 MW in 12 countries last year, with 86% of capacity installed in Europe.
- 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
- Fugro relocates Halifax operations to COVE
- Pattern Energy completes acquisition of Cordelio Power
- Leif Rehfeldt joins management of Deutsche WindGuard Systems
- Nordex reports 1.9 GW order intake in first quarter 2026
- Buss Terminal Eemshaven completes heavy-lift quay expansion in Julianahaven
- Boskalis deploys remotely operated vehicles from its Aberdeen Remote Operations Centre
- Greensolver and Tipspeed collaborate on wind farm performance analysis services
- Iberdrola increases stake in Neoenergia to 98%
- Envision starts construction of offshore wind drivetrain facility in Sheyang China
- Vestas appoints Johan Helberg as Managing Director for Southern and Eastern Africa
- Jan De Nul launches William Thomson cable laying vessel for offshore grid projects
- TotalEnergies and Masdar to form renewable energy joint venture across Asia




