Significant milestone reached for the Origin x RES joint venture with the Australian Government awarding a feasibility licence to the Navigator North project in Victoria’s Gippsland declared offshore wind area. The Navigator North project is strategically located approximately 34 km off the Southern Australian coast. Encompassing an area of 700…
What we do
Our passionate and experienced people deliver successful clean energy projects globally.
Technologies
Driving a clean energy future through state-of-the-art renewable technologies.
See all technologiesResources
Browse our latest resources, including company updates, customer stories, industry insights, and research reports.
See all resourcesCareers
Join a collaborative team of passionate individuals who engage in meaningful, stimulating, and world-changing work.
Learn moreAbout RES
We live our mission, celebrate the people making it happen and transform the way the world produces and consumes energy.
See about usOur offices
Like our business, we’re truly global – but proudly local. Find contact and location details for every RES office.
Contact us
The BNEF Summit provides the ideas, insights and connections to formulate successful strategies, capitalize on technological change and shape a cleaner, more competitive future.
Event date: 10 – 11 October 2023
Location: London, UK
RES speakers: Richard Russell, RES CFO
Event website: https://about.bnef.com/summit/london/
RES Speakers
Wednesday, 11 October 2023, 15:25
Is Wind Still a Profitable Industry?
Wind power is an essential technology for achieving net-zero emissions. But expected build is now far short of the targets in most countries in Europe and abroad. High interest rates and supply chain constraints are putting pressure on industry profitability, and several offshore developers are looking to renegotiate government offtake contracts amid rising costs. Still, ambition around wind continues to ratchet up and developers are keen to find solutions for the near-term bottlenecks. This panel reviews the specific challenges facing the wind industry and how it can return to growth.
Panel:
- Richard Russell, Chief Financial Officer, RES
- Stephane Dubos, Managing Director | Head of Power & Renewables, Energy Transition & Natural Resources Industry Group, Natixis
- Morten Dyrholm, Global Senior Vice President, Vestas Wind Systems
- Grzegorz Gorski, Chief Operating Officer, Ocean Winds
- Moderator: Luisa Amorim, Wind Analyst, BloombergNEF
Related resources
Origin X RES joint venture awarded feasibility licence to Navigator North offshore wind project
AeroUp: Revitalising wind farm performance
Renewable deployment is continuing around the world, with the number of solar panels and wind turbines rapidly increasing. Last year, the EU built a record 17 GW of new wind energy. On top of this, in the first half of 2023, there was the highest number of turbines installed worldwide…
Rovco joins the Offshore Wind O&M Partnership to bolster service offer
The Offshore Wind O&M Partnership (OWOP), an alliance between RES, GEV Wind Power, Outreach Offshore and Rix Renewables, welcomes Rovco, a leading UK-based provider of technology-powered offshore wind solutions, to complement its package of quality, long-term operations and maintenance (O&M) services to offshore wind asset owners internationally. As a leader…