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These turbines cost less than half the average price of those manufactured elsewhere
Move comes after group was forced to accept €15bn state-backed rescue package
Decision comes after developers shunned last auction as a result of ‘global challenges’ hitting the sector
Short bets reflect broader loss of enthusiasm for green energy stocks
Finance and operations chiefs depart as wind developer grapples with rising costs
Sector must be fundamentally reset to become economically viable, executives warn
Revenues in the third quarter were 11 per cent higher year on year
Danish group has looked at British locations but warns more government support is needed
Also in this newsletter: Fed holds rates steady, global agreement on AI, Panama Canal hit by drought
Danish developer’s deepening difficulties come as top BP executive says US market is ‘broken’
Despite recent setbacks, the pressure to decarbonise will spur clean energy investment
The installation of wind turbines is just as prone to cost overruns as conventional infrastructure
Shares in German group plunge as it also looks at ways of strengthening its balance sheet
Competition commissioner says inquiry could follow similar move to challenge China’s sales of electric vehicles in Europe
Pushback from coastal residents adds to economic pressures for nascent US industry
Markus Krebber urges British government to heed warnings from developers to avoid jeopardising climate targets
European parliament agrees to lift green energy share to 42.5% by 2030 after nuclear power concessions
Danish company raced into American market but faces multiple challenges
The government needs to restore confidence in its renewables pricing regime
Developers had repeatedly warned that support on offer was too low to offset their rising costs
Annual auction received no bids, but all is not lost
Race for bigger turbines has prompted experts to urge growth slowdown and greater standardisation
Surge in 2022 installations as Beijing boosts renewable energy while companies in EU run into difficulties
US agricultural trader and freight operator is testing vessel fitted with 37.5 metre-high sails
Danish turbine maker says supply chain problems will take months to clear as it returns to a quarterly loss
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