(IN BRIEF) Vestas Wind Systems A/S has revised its financial outlook for 2024, now projecting revenue between EUR 16.5 billion and EUR 17.5 billion, down from EUR 16 billion to EUR 18 billion. The expected EBIT margin before special items … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News
Tagged economy, Financial, investment, Vestas
(IN BRIEF) Vestas has secured two new wind turbine orders in Germany, totaling 58 MW. Both projects, WP Brand (36 MW) and WP Lautertal (22 MW), are with Uhl Windkraft and will feature V172-7.2 MW turbines. The projects are scheduled … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, partnership, sustainability, Uhl Windkraft, Vestas, WP Lautertal
(IN BRIEF) Vestas has secured a 41 MW order from Green Mind Ventures, part of GreenVolt, for wind turbines at two wind parks in Spain. The order includes the supply, installation, and a 20-year service agreement for nine turbines. Delivery … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged José Luis del Cerro, partnership, Spain, sustainability, Vestas, wind parks, wind turbine
(IN BRIEF) This summer, the Living Places Copenhagen houses are being tested by residents in the railroad district of Copenhagen to monitor indoor climate performance and its impact on health. The project, led by the VELUX Group, aims to create … Read the full press release
(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged African Clean Energy Developments (ACED), Khangela Emoyeni Wind Farm, Novani Ganess-Johnson, partnership, Sam Cook, South Africa, sustainability, Vestas, wind turbine
(IN BRIEF) Ørsted has deployed heavy-lift cargo drones at the Borssele 1&2 Offshore Wind Farm, marking a significant advancement in operational efficiency and safety. These drones, capable of carrying up to 100 kg, significantly reduce the time required for cargo … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Security & Safety, Technology
Tagged Borssele Offshore Wind Farm, heavy-lift cargo drones (HLCD), Netherland, partnership, Rasmus Errboe, safety, sustainability, Ørsted
(IN BRIEF) FLSmidth has secured a DKK 340 million order to supply nine thickeners and six filters for a new lithium project in Nevada, USA. Scheduled for delivery in 2025/2026, the equipment will enhance lithium supply for electric vehicle batteries, … Read the full press release
Posted in Automotive, Business, Chemicals, Denmark, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Chris Reinbold, EV Battery Production, FLSmidth, Lithium Project, Nevada, partnership, sustaianability, USA
(IN BRIEF) NIRAS has secured the highest technical score for Lot 2 under the EU’s SEA 2023 Framework Contracts, potentially increasing their hit ratio to 76%. This lot, valued at EUR 25 million, focuses on sustainable natural resources management, including … Read the full press release
Posted in Awards, Business, Construction, Denmark, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Awards, Dirk Güsewell, EU’s SEA 2023 Lot 2, Karen Soboleosky, NIRAS, sustainability
(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Germany, Gode Wind 3 wind farm, Low-Noise Technology, Offshore Wind Foundations, partnership, Patrick Harnett, sustainability, Ørsted
(IN BRIEF) McLaren Automotive and the LEGO Group have unveiled their latest collaboration, showcasing the LEGO® Technic™ McLaren P1™, a tribute to the groundbreaking hybrid hypercar. Known for redefining automotive high-performance, the McLaren P1™ integrated advanced motorsport-derived engineering to achieve … Read the full press release
Posted in Automotive, Business, Construction, Denmark, Education, Entertainment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged LEGO Group, LEGO® Technic™ McLaren P1™, McLaren Automotive, partnership, UK
(IN BRIEF) The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have partnered to provide at least €175 million in new loans to Danish small and medium-sized enterprises (SMEs). Supported by the InvestEU programme, the three portfolio guarantee … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Small Business
Tagged climate change mitigation, climate mitigation, Danish economy, Danish SMEs, economic growth, education investments, EIF, European Investment Fund, financing, green and sustainable transformation, green transition, InvestEU programme, job creation, kompasbank, Marjut Falkstedt, Michael Hurup Andersen, Nordics, portfolio guarantee agreements, reduced interest rates, riskier lending segments, small businesses, start-ups, sustainability, targeted financing
(IN BRIEF) Vestas has secured a 105 MW order from LEAG for the Forst-Briesnig II wind energy project in Germany’s Lausitz region. The project, set on a former brown coal mining area, will include 17 V162-6.2 MW wind turbines. Vestas … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dominique Guillou, EP Corporate Group, Forst-Briesnig II Project, Germany, Jens Kück, LEAG, partnership, sustainability, Thorsten Kramer, Tomáš David, Vestas, wind turbine
(IN BRIEF) Vestas has secured an 81 MW contract from Invenergy for the Pencloe wind energy project in Dumfries and Galloway, Scotland. The project involves the supply, delivery, installation, and commissioning of 18 V136-4.5 MW wind turbines. Vestas will also … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Invenergy, James Ian Robinson, partnership, Pencloe Project, Scotland, Stuart Winter, sustainability, Vestas, Wind Turbine Deal
(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ahlum-Dettum Project, Denmark, Germany, Lars Niebuhr, partnership, SAB WindTeam GmbH, Sulai Fahimi, sustainability, Vestas, wind turbine
(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release
Posted in Banks, Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged 1.1 Gigawatt, 2040, 72 wind turbines, Belgium, Danish North Sea, Denmark, Energinet, European Investment Bank, France, Germany, Great Britain, Holstebro, Ireland, Michael Müller, net zero carbon emissions, Netherlands, Nicola Beer, North Sea Energy Cooperation, Norway, RWE, Siemens Gamesa, Thor wind farm, Thorsminde, €1.2 billion loan
(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Borkum Riffgrund 3 Offshore Wind Farm, Felix Gschnell, Germany, Jordi Francesch, Nuveen Infrastructure, partnership, Peter Obling, sustainability, turbine, Ørsted
(IN BRIEF) Maersk’s second large vessel powered by green methanol, Astrid Maersk, arrived at the Port of Koper, Slovenia, marking a significant step in Maersk’s goal to achieve Net-Zero greenhouse gas emissions by 2040. The vessel, part of Maersk’s AE12 … Read the full press release
(IN BRIEF) TagEnergy has awarded Vestas the Engineering, Procurement, and Construction (EPC) contract for the second stage of the Golden Plains Wind Farm in Australia. This stage will include 93 Vestas V162-6.2 MW wind turbines, adding 577 MW to the … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Andrew Riggs, Australia, Engineering Procurement and Construction (EPC) Contract, Golden Plains Wind Farm, partnership, Purvin Patel, sustainability, TagEnergy, Vestas
(IN BRIEF) The European Space Agency (ESA) has developed 3D printed bricks, called ESA Space Bricks, using 4.5 billion-year-old meteorite dust, inspired by LEGO bricks. These bricks are part of a project to explore using space materials for building astronaut … Read the full press release
Posted in Aviation & Aerospace, Business, Construction, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Technology
Tagged 3D Print Lunar Shelter Bricks, 3D printed bricks, Aidan Cowley, Daniel Meehan, ESA Space Bricks, European Space Agency (ESA), LEGO, Meteorite Dust, partnership, sustainability
(IN BRIEF) Ørsted has completed the Helena Energy Center in Bee County, South Texas, comprising a 518 MW combined wind and solar project. This marks Ørsted’s first co-located wind and solar initiative and is the largest renewable energy project in … Read the full press release
(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Denmark, Finland, Ibrahim Özarslan, Kalistanneva Wind Farm Installation, Nordex Group, Norway, partnership, sustainability, Sweden, Till Junge
(IN BRIEF) Skanska has sold the Hørkær Have multi-family rental project in Herlev, Denmark, to NREP for DKK 737 million. The project, spanning 22,720 square meters, will feature 264 rental apartments with associated parking spaces, all equipped for electric car … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Denmark, Hørkær Have Project, partnership, Skanska, sustainability
(IN BRIEF) A recent study conducted by researchers from the University of Copenhagen sheds light on the political bias embedded within LlamaChat, a popular AI chatbot developed by Meta, particularly in its responses to European Union (EU) political issues. According … Read the full press release
Posted in Artificial Intelligence (AI), Business, Denmark, Education, European Union, Financial, Government, Industrial, Investment, Management, News, Politics, Science, Technology
Tagged AI Chatbot, Ilias Chalkidis, LlamaChat, political issues, Pro-European Views, Stephanie Brandl, University of Copenhagen
(IN BRIEF) The VELUX Group celebrates the completion and full operation of a 54 MWp photovoltaic (PV) solar park in Alhendín, Spain, developed by BayWa r.e. under a Power Purchase Agreement (PPA). This innovative Agri-PV installation combines renewable energy generation … Read the full press release
Posted in Agriculture, Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged Agri-PV Solar Park, Daniel Gäfke, Kim Jonas, partnership, renewable electricity, Spain, sustainability, VELUX Group
(IN BRIEF) In a groundbreaking collaboration between the LEGO Group and space enthusiasts worldwide, a recent study reveals an overwhelming interest among children in space exploration. With 86 percent of kids aspiring to discover new worlds and 77 percent dreaming … Read the full press release
Posted in Aviation & Aerospace, Business, Denmark, Education, Entertainment, Financial, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Cosmic Creations, Debra Elmegreen, Didac Perez Soriano, Funstellations, kids, LEGO, Lotty Ingle, partnership, Stars, sustainability, USA
(IN BRIEF) Vestas embarks on a groundbreaking initiative to pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The project entails Vestas technicians and jack-up vessel crew utilizing helicopters partly fueled by … Read the full press release
(IN BRIEF) Alumichem, a leading Nordic water treatment solutions company, has reappointed Kuehne+Nagel as its logistics partner in Ghana for the second consecutive year, aiming to provide clean drinking water to communities in need. The partnership focuses on efficient delivery … Read the full press release
Posted in Business, Chemicals, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Alexandre Muratore, Alumichem, clean water, Denmark, GHANA, Isaac Mensah-Boansi, Kuehne+Nagel, partnership, sustainability
(IN BRIEF) Kotahi, New Zealand’s largest containerised freight manager, and A.P. Moller – Maersk have solidified their partnership with a second long-term freight agreement lasting until December 2034. This agreement, valued at NZ$160 billion, provides stability and resilience to New … Read the full press release
Posted in Business, Denmark, Economy, Environment, Financial, Food & Beverage, Government, Industrial, International Trade, Management, News, Transportation & Logistics
Tagged Anna Palairet, David Ross, Freight Agreement, international trade, Kotahi, Maersk, New Zealand, partnership, stability, sustainability, Vincent Clerc
(IN BRIEF) The collaboration between The LEGO Group and Universal Products & Experiences is set to excite fans with the release of four new LEGO® Wicked sets, coinciding with the cinematic adaptation of the beloved musical. Scheduled for release on … Read the full press release
Posted in Business, Denmark, Entertainment, Financial, Industrial, Investment, Management, Media, News
Tagged Iconic Musical Scenes, LEGO, partnership, Raquel Ojeda Gregorio, Universal Products & Experiences, wicked
(IN BRIEF) STARK in Denmark has been honored with the prestigious Finans Impact Climate Award 2024 for its sustainability initiative, KlimaLog. KlimaLog aims to reduce the construction industry’s climate impact by providing stakeholders with transparent information and documentation about the … Read the full press release
Posted in Awards, Business, Construction, Denmark, Environment, Industrial, Management, Media, News
Tagged Awards, Finans Impact Climate Award 2024, KlimaLog, STARK Denmark, sustainability
(IN BRIEF) Saxo celebrates a significant achievement, surpassing DKK 800 billion in client assets, marking a remarkable milestone in its 25-year journey. While rooted in Danish currency, this achievement is a testament to Saxo’s global expansion and the trust it … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Kim Fournais, Saxo Bank
(IN BRIEF) Neumann Bygg, a subsidiary of the STARK Group in Norway, reinforces its market position with the inauguration of a new branch in Slemmestad, marking its third branch opening in as many months. This expansion underscores the company’s commitment … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Neumann Bygg, Norway, partnership, Slemmestad, Stark group, sustainability, Søren P. Olesen
(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release
(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, Denmark, Molten Salt Storage (MOSS), partnership, sustainability, Søren Gade, Thermal Energy Storage System, Thomas Møller
(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Mads Nipper, offshore wind projects, Ørsted
(IN BRIEF) The Australian Government has granted feasibility licences to Ørsted for its first offshore wind project in Australia, with intentions to grant a licence for a second project pending consultation. These licences provide Ørsted with exclusive site access to … Read the full press release
(IN BRIEF) Britt Meelby Jensen, the CEO of Ambu A/S, is nominated to join the Board of Directors at Hempel A/S, replacing Susanna Schneeberger. With over two decades of experience in the life science industry, including leadership roles at global … Read the full press release
Posted in Business, Chemicals, Denmark, Industrial, Management, News, Technology
Tagged Ambu A/S, appointment, Britt Meelby Jensen, CEO, Hempel A/S Board, leadership, Richard Sand, Susanna Schneeberger
(IN BRIEF) Ørsted, a global leader in renewable energy, is divesting its French onshore operations to ENGIE as part of its strategic realignment towards key European markets for onshore renewables. The share purchase agreement includes the sale of OSTWIND International … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ENGIE, France, Kieran White, onshore renewables, partnership, sustainability, Ørsted
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