Adds detail on profit, context and analyst comment COPENHAGEN : Danish wind turbine maker Vestas VWS.CO on Wednesday reported an unexpected first-quarter profit and maintained its full-year guidance despite a tough backdrop for the industry. Despite booming demand for renewable energy, increased competition and soaring metal prices meant that Vestas did not manage to turn […]
5th India-Denmark Joint Working Group on Renewable Energy was Held in Copenhagen co-chaired by Mr Dinesh Jagdale, JS MNRE & Mr. Martin Hansen, DDG DEA – EQ Mag Pro
5th #IndiaDenmark Joint Working Group on Renewable Energy was held in Copenhagen co-chaired by Mr Dinesh Jagdale, JS MNRE & Mr Martin Hansen, DDG DEA. Amb Pooja Kapur delivered the opening remarks & reiterated the focus on green energy.
Electrolyser Maker Green Hydrogen Set For June IPO With $490 mln Valuation
Gross proceeds from the listing is expected at around 1 billion crowns after IPO costs, the Danish firm said in a prospectus ahead of its listing on Copenhagen’s stock exchange, adding that it expects first day of trading on June 25. COPENHAGEN: Green Hydrogen Systems, which makes electrolysers to produce hydrogen derived by using renewable […]
EGYPT : Copenhagen wants to increase its investement in renewable energy tenfold
The Egyptian government has just signed an agreement with Denmark to strengthen cooperation between the two countries in the field of renewable energy. Egypt has become a pioneer in the development of renewable energy projects. Denmark wants to strengthen its investments in the renewable energy sector in Egypt. Its ambassador in Cairo, Svend Olling, signed […]
Offshore wind firm Orsted beats third-quarter expectations
The world’s largest offshore wind farm developer kept its full-year guidance for earnings before interest, tax, depreciation and amortisation (EBITDA) of 16-17 billion Danish crowns ($2.5-$2.7 billion) COPENHAGEN: Danish energy group Orsted beat third-quarter profit expectations on Wednesday, but said offshore wind projects in the United States faced “significant” delays. The world’s largest offshore wind […]
Wind turbine maker Vestas falls to first-quarter operating loss
The Danish firm reported an operating loss before special items of 54 million euros ($58.9 million) versus the 91 million operating profit forecast by analysts COPENHAGEN: The world’s largest wind turbine maker Vestas on Tuesday posted an unexpected first-quarter operating loss despite strong sales and a booming order book. The Danish firm reported an operating […]
