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- Category: Company News
In 2024, Vestas generated revenue of € 17.3 billion and achieved an EBIT margin of 4.3 per cent. Service EBIT reached € 448 million, despite rising costs that made for a challenging year in the service division.
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- Category: Company News
In 2024, Engie secured 4.3 GW of Power Purchase Agreements (PPAs), an increase from 2.7 GW in 2023, representing 136 TWh of electricity supply. The 85 agreements span five continents: North America, South America, Asia, Europe, and Oceania.
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- Category: Company News
Renewable Power Capital (RPC), the pan-European renewables company, has announced the appointment of Sarwjit Sambhi as its new CEO, succeeding Kevin Devlin. With over 25 years of experience in the energy sector, Sarwjit has held various executive roles across the entire energy value chain at Centrica.- Details
- Category: Company News
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- Category: Company News
GE Vernova plans to invest nearly $100 million to strengthen its US onshore wind manufacturing facilities in Pensacola, Florida; Schenectady, New York; and Grand Forks, North Dakota.
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- Category: Company News
Ørsted’s Board of Directors has appointed Rasmus Errboe, currently Deputy CEO and Chief Commercial Officer, as the new Group President and CEO, replacing Mads Nipper. Nipper, who joined Ørsted in January 2021, will step down as CEO on 1 February 2025, at which point Errboe will assume the role.
- Iberdrola signs 1,251 MW of power purchase agreements in 2024
- Shell’s renewable energy business reports loss in 2024
- Gurit reports preliminary full-year 2024 net sales of CHF 431.7 million
- Prysmian cancels US subsea cable factory plans
- Motive Offshore Group opens Houston office
- Perceptual Robotics shifts focus to wind asset optimisation
- Nordex announces leadership changes to support growth
- Indeximate secures funding from Propeller Ventures
- Shell appoints new leader for renewables unit
- Dr. Troy Hartley appointed Executive Director of Renewable Energy Wildlife Institute
- Work begins on new control centre in East Friesland for RWE's offshore wind farms
- Ørsted reports 2024 financial results with DKK 12.1 billion impairment in Q4
- SSE UK and Ireland inaugurates new onshore renewables hub in Perth
- Orix announces share transfer agreement for Greenko Energy
- DNV executive joins ACORE board of directors
- Pexapark announces new executive appointments
- Ernströmgruppen acquires 80% of Spica Technology
- Nordex achieves order intake of 8.3 GW in fiscal year 2024
- Jakob Wegge-Larsen to become Vestas' new Chief Financial Officer
- Greenvolt rebrands Irish distributed energy business
- Qualitas Energy strengthens leadership for German market growth
- Natural Power launches EchoSense as independent business
- European Commission approves Sumitomo stake in EEW Offshore Wind EU
- Inspirit Capital completes sale of CWind
- Macquarie Asset Management finalises acquisition of Ziton
- Shell expects major write-down in renewable energy division
- Rasmus Wandrup joins Reventus Power as chief technical officer
- BGB appoints Dr Ben Murphy as head of product development
- Van Oord celebrates delivery of offshore installation vessel Boreas
- Enefit Green sharpens focus on Baltic States and Poland
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