Europe Offshore Wind News

 

Equinor Posts Lower Q4 Profit, Cuts Renewable Energy Target

Feb 05, 2025

Norway's Equinor is reducing its ambitions for developing renewable energy capacity by 2030, it said on Wednesday, the latest move by a European energy company to cut green targets as the market for renewables sours.Equinor follows peers BP and Shell, which have trimmed plans to expand in renewable energy, especially offshore wind, where they previously hoped to benefit from their experience of operating oil and gas production at sea…

Equinor, Polenergia Agree on Polish Offshore Wind Project

May 19, 2025

Norway's Equinor and Poland's Polenergia made a final investment decision for the project to build two wind farms off the Polish coast of the Baltic Sea, the Warsaw-based company said on Monday.The two farms, each with a generation capacity of 720 megawatts are set to cost a total of about 6…

Denmark Plans Offshore Wind Tender With Up to $8.3 Billion Subsidy

May 19, 2025

Denmark will launch offshore wind tenders with a capacity of three gigawatt (GW), enough to power three million homes, its energy ministry said on Monday, offering subsidies to developers of up to 55.2 billion Danish crowns ($8.32 billion).The…

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