Orsted plunges 20% on risk of $2.3 billion in US impairments

[ad_1] General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. REUTERS/Phil Noble/File Photo Acquire Licensing Rights OSLO, Aug…

Chinese banks should step up lending to private sector, central bank official quoted

[ad_1] Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo…

Germany set to miss net zero by 2045 target as climate efforts falter

[ad_1] A worker pulls the tape from a traffic sign indicating the ban on vehicles with Euro 5 diesel engines, on the Mittlerer Ring in Munich, Germany, February 1, 2023.…

Exclusive: South Africa’s green power push falters as projects fail

[ad_1] A wind turbine produces renewable energy outside Caledon, South Africa, May 20, 2020. Picture taken May 20, 2020. REUTERS/Mike Hutchings//File Photo Just half of capacity from 2021 bidding round…

Sweden rejects Vattenfall’s planned Stora Middelgrund wind farm

[ad_1] Wind turbines from Vattenfall are seen at the North Sea in Scheveningen, Netherlands August 25, 2022. REUTERS/Piroschka van de Wouw COPENHAGEN, July 27 (Reuters) – The Swedish government has…

Uniper eyes green future with billions-strong investment, state exit

[ad_1] Plants hang from lights at a display of German energy firm Uniper during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/file…

Siemens Gamesa wind turbines no worse than others, Sweden’s Eolus says

[ad_1] OSLO, June 28 (Reuters) – Swedish wind farm developer Eolus Vind on Wednesday said technical issues seen with turbines delivered by Siemens Gamesa are no more frequent than other…

EDF Renewables says it is resilient to turbine problems

[ad_1] PARIS, June 28 (Reuters) – French power utility EDF (EDF.PA) said on Wednesday that it would solve any issues arising from turbine problems at German supplier Siemens Energy (ENR1n.DE).…

Siemens Energy’s shares tumble as wind turbine troubles deepen

[ad_1] Siemens Energy reveals deeper problems at Siemens Gamesa Costs to fix quality issues could exceed 1 bln euros Shares plunge 37.3% Issues ‘swept under the carpet’ – CEO FRANKFURT/BERLIN,…

Germany, Denmark sign binding offshore wind energy cooperation deal – Handelsblatt

[ad_1] BERLIN, June 1 (Reuters) – Germany and Denmark have signed a legally binding cooperation agreement for offshore wind energy, Handelsblatt business daily reported on Thursday, citing an economy ministry…