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Statkraft acquires UK onshore developer

Statkraft acquires UK onshore developer

Statkraft has acquired onshore wind developer Airvolution Clean Energy as part of its bid to have a 1.2GW renewables portfolio in the UK by 2025.

German renewables levy to peak in 2021

German renewables levy to peak in 2021

The surcharge funding Germany's green energy expansion will rise in 2020 and peak in 2021, before falling as first-generation renewable power plants' 20-year contracts expire, according to a clean energy think tank.

Banks Renewables' legal challenge halts CfD auction

Banks Renewables' legal challenge halts CfD auction

UK developer Banks Group has launched a legal challenge against the UK government, claiming its contract for differences (CfD) support scheme discriminates in favour of offshore wind at the expense of onshore wind.

Vestas Q2 profits fall amid rising costs

Vestas Q2 profits fall amid rising costs

Vestas' earnings and net profit were lower in the second quarter of the year as rising tariffs, raw material prices, and transport costs hit the manufacturer's gross margin.

Danish summer generation up 25%

Danish summer generation up 25%

Denmark's wind fleet generated over 2TWh of electricity in June and July, a quarter more than the same period of 2018. But trade body Wind Denmark said the total could have been even higher.

Nordex losses widen before 'busy H2'

Nordex losses widen before 'busy H2'

Nordex posted a net loss of €55.4 million for the six months to the end of the June 2019, up from a net loss of €40.3 million a year earlier.

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