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Keywords: Offshore wind


Vestas reports stronger-than-expected Q1 profit as offshore wind production accelerates

Danish wind turbine manufacturer Vestas Wind Systems reported a stronger-than-expected increase in its first-quarter profit, supported by a faster ramp-up in offshore wind turbine production. The company posted an operating profit before special items of 127 million euros, significantly higher than......

Europe accelerates offshore wind as U.S. pays companies to abandon projects

A series of energy policy decisions on both sides of the Atlantic has exposed a widening divide between the United States and Europe over how to achieve energy security, with Europe pushing aggressively to expand renewable capacity while the Trump administration moves to dismantle it. On March 26, the......

TotalEnergies shifts $1 billion from offshore wind to U.S. oil and gas

TotalEnergies and U.S. authorities announced on Monday a major shift in energy strategy, redirecting nearly $1 billion initially allocated for offshore wind projects to oil and natural gas production in the United States. As part of the agreement, the U.S. government will reimburse TotalEnergies for......

Europe invests €45 billion in wind power as policy uncertainty clouds growth

Europe channelled €45 billion into wind energy projects in 2025, installing 19.1 gigawatts of new capacity despite industry warnings that planned EU policy reforms could weaken investor confidence. According to WindEurope’s annual report, total installed capacity reached 304 gigawatts, up......

US orders halt to nearly completed offshore wind farm project

The US government has ordered the suspension of work on a massive offshore wind farm off the country’s northeast coast, despite the project being nearly 80% complete. It is the latest setback for the wind energy sector under President Donald Trump’s administration, which has repeatedly voiced......

Morocco unveils first 1,000 MW offshore wind project near Essaouira

Morocco has announced the launch of its first offshore wind farm, a 1,000-megawatt project set to be built near Essaouira. The landmark initiative, unveiled on June 10 during the Mediterranean Day at the UN Conference on Oceans (UNOC3) in Nice, marks a significant step in the country’s transition......

Morocco advances wind energy capacity with major investments

Morocco’s progress in renewable energy has reached new heights, with wind energy capacity hitting 2,373 megawatts (MW) by the end of 2024. This milestone marks a significant step in the country’s push toward greener energy solutions, as outlined by Leila Benali, Minister of Energy Transition......

Morocco's Green Revolution: Unlocking the Power of Offshore Wind Energy

In a bold step towards a sustainable future, Morocco is set to embark on an ambitious project that will make waves in the renewable energy sector. The North African nation has announced plans to develop its first offshore wind farm, a move that promises to revolutionize its green energy production and......

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