Minister says new investment a ‘step forward’ for industry after no bids in last year’s round
Consortium leader CK Infrastructure, controlled by Li Ka-shing’s family, also announces secondary listing in London
Bulk of auction funding will go towards offshore wind farms
Party wants to allow more turbines as part of plan to boost renewable power if it wins election
Prolonged periods with little wind and no sun are a challenge for wind and solar power
While the energy source is inherently variable, the reduction last year comes at a moment of flux for the country’s electricity generation
Government-commissioned analysis outlines threats such as a lack of crucial parts and shortage of key skills
UK’s largest battery storage fund says electricity system is not taking advantage of crucial technology that can cut emissions
Concern risk-weighting for renewable-power projects would rise fourfold under Basel III endgame proposal
The government wants to have 50GW installed by 2030
Mads Nipper plans to cut costs at world’s largest offshore wind company and rebuild investor confidence
Danish group says it needs to create ‘leaner and more efficient company’
Largest renewable energy developer says repeal of Inflation Reduction Act ‘unlikely’ as order list grows
Constraints on cash flows and the need to improve profit margins mean the sector requires a truce in the size war
Plan to reset deal follows inflation, higher interest rates and supply chain problems
Industry preparing to take next step in pioneering a key technology in push to hit net zero by 2050
Norway’s state-backed energy company falls foul by overstating environmental credentials
UK disposal by Swedish group to German utility highlights divergent views on sector
Proposed 49% holding in East Anglia wind farm is latest in string of Emirati deals in Britain
Donald Tusk maps out boost for wind turbines and tougher approach to state energy company Orlen
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
