Recharge | Latest renewable energy news
WEBMarkets. Offshore. Offshore. Markets. Read Recharge for the best news, analysis and opinion covering the renewable energy transition, led by wind and solar.
New York's US offshore wind supply chain gains on Equinor and …
WEB3 hours ago · Empire’s offtake rose to $155/MWh from its previous $83.3/MWh, while Orsted's contract reached $146/MWh from the same base. The re-awarded projects have enabled several hundred million dollars investment into port and supply chain investments including Orsted's manufacturing site near the capital of Albany.
US offshore wind trailblazer Connecticut opts out of landmark tri …
WEB6 hours ago · The US state of Connecticut earlier this month was a surprise no-show for tri-state offshore wind project awards despite being one of the procurement’s organisers, put off by the sector’s spiralling costs that could cause electricity prices to rise in its already expensive power market.
Nordex CEO: 'We've laid foundation to reclaim US market share'
WEB1 day ago · Nordex has “laid the foundation” to reclaim its former market share in the US, which alongside Europe is the most promising for the German wind turbine manufacturer, its CEO José Luis Blanco told Recharge. Last year, Nordex clung to a 9% market share in the US, while domestic giant GE Vernova and Danish peer Vestas divvied up most of the ...
Macquarie to acquire 'significant minority stake' in US investor DE ...
WEB3 hours ago · Macquarie Group’s asset management division will acquire a “significant minority stake” in the renewable energy unit of DE Shaw for up to $1.73bn, a cash injection the US investor says will enhance its domestic utility-scale onshore wind, solar, and battery storage market presence.
Latest News - Recharge
WEB4 days ago · Leading Light's struggles show US offshore wind's high cost, thin margin tightrope. Published 12 September 2024 16:17 GMT. Read the key news headlines covering the global renewable energy business.
Huge lease rounds give US floating wind big pre-election push …
WEB5 days ago · This will be shortly followed by a much larger auction in the Gulf of Maine on 29 October covering some 827,889 acres (3,350 sq. km) in eight leases holding over 13GW of floating wind potential, the most ever offered in a US offshore wind lease auction.
Orsted takes $576m hit as green fuel project scrapped and US …
WEBAug 15, 2024 · As a result, the utility’s net loss in the second quarter jumped to DKr1.68bn ($248m), up from DKr538bn in the same quarter a year earlier. Orsted shares plunged by 6.7% on the Copenhagen stock exchange to DKr394.20 in late morning trading Thursday in reaction to the losses.
US sets second quarter record for new clean power | Recharge
WEBSep 5, 2024 · The US set a second quarter installation record with onshore wind, storage, and utility solar all posting strong numbers, as the industry benefits from generous federal subsidies and stronger customer demand, according to a report by the American Clean Power Association (ACP).
Half-gigawatt US deal boosts Vestas in final days of first quarter
WEBApr 1, 2024 · Vestas booked a last-minute bumper deal in the US to boost its quarterly wind turbine order tally for the first three months of the year. The Danish wind group announced the 554MW order for an undisclosed project on Friday, saying only that it relates to its V163-4.5MW machines and will be delivered in Q3 2026.