Renewables major Ørsted raises profits and growth forecast amid policy boosts
Renewables major Ørsted raises profits and growth forecast amid policy boosts | Windpower Monthly
Renewables major Ørsted raises profits and growth forecast amid policy boosts
Danish clean energy major Ørsted has raised its financial outlook through to 2027 and confirmed its ambition to install 50GW of self-funded renewable energy capacity by 2030.
Sign in to continue
Need to activate your subscription?
Already a subscriber
If you haven't already,
activate your subscription here>>
Company Domain Access
If your company has a corporate subscription simply
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.