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How to make enough money may be the wind industry’s biggest challenge

staffBy 1 Min Read

Publisher and Editor in chief of Recharge

Equinor’s latest gas deal illustrates a major problem for developers: how to convince investors to fund climate solutions instead of chasing short-term profits

With his latest gas deal, Equinor CEO Anders Opedal has secured higher revenue than the company’s entire annual revenue from renewables. It highlights a persistent challenge: it is still far easier to generate substantial profits from fossil fuels than from renewables.
With his latest gas deal, Equinor CEO Anders Opedal has secured higher revenue than the company’s entire annual revenue from renewables. It highlights a persistent challenge: it is still far easier to generate substantial profits from fossil fuels than from renewables.Photo: Equinor

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