In Scotland, industry and government have joined forces to form the Scottish Offshore Wind Energy Council. The aim is to octuplicate the share of offshore wind energy within ten years.

Bold plans from the far north: The Scottish Offshore Wind Energy Council, founded on Tuesday, has set itself the goal of supporting the offshore wind industry in order to increase the local share of projects and create more jobs. To this end, the capacity of offshore wind energy in Scotland is to be increased from currently 1 gigawatt to 8 gigawatt in 2030. This means that every Scottish household could be supplied with twice the amount of green electricity it needs from the sea.

In the ...

Clean Energy Chief Executive Kane Thornton said Australia’s power grid was designed for the last century and it is becoming increasingly obvious that major investment and reform are needed.

Clean Energy Chief Executive ...

Four in five EU coal power plants are unprofitable and utilities could lose €6.6 billion this year alone, finds a new report from financial think tank Carbon Tracker.

Four in five EU coal power plants are ...

The Port of Blyth is installing a bespoke wind turbine training facility at its Bates terminal as part of a £1m investment in training provision aimed at the offshore energy sector.

With the rapid growth of renewable energy providing the North East of the UK with major inward investment opportunities, the skills gap that currently exists in the sector is a key barrier to growth.

The facility has benefitted from funding from the Coastal Communities Fund. The investment has enabled the ...

As Equinor presents its third quarter results for 2019, CEO Eldar Sætre talks about the company's growing renewable energy business.

Equinor reports adjusted earnings of USD 2.59 billion and USD 1.08 billion after tax in the third quarter of 2019, but admitts the results are impacted by lower commodity prices in the quarter. On the other hand, the renewable energy business is facing a strong outlook.

"The last few months have been a game-changer for our offshore wind business. Together with SSE, we were the ...

"The increase in EBIT in a market with falling power prices demonstrates strong operations and Statkraft’s robustness," says CEO Christian Rynning-Tønnesen.

Statkraft recorded an underlying EBIT amounting to NOK 2899 ...

Swiss company HUBER+SUHNER has confirmed the outlook for 2019

As expected, the first nine months of the year were marked by slower growth in the Chinese railway market and by a major project coming to an end. In ...