25 July 2024
25 July 2024
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The company has upgraded its annual outlook and now expects double-digit net profit growth, up from earlier single-digit forecasts.
The acquisition aligns with DRI's goal to develop 1GW of renewable energy and storage capacity in Poland by 2030.
The Norwegian company has blamed the drop on milder temperatures in Europe which dampened demand for gas.
The funds will be used to create new production lines for extra-high-voltage submarine cables.
The clean energy generated by the wind farm will be used to power TotalEnergies’ 350MW electrolyser projects.
The alliance will leverage OW’s expertise in floating offshore wind farms and Martifer’s understanding of the Portuguese market.
With a planned capacity of 315MW, the wind facility is currently under development in Montana.
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