so we will be competing against them there”. Danish utility Statoil and Shell , the world's largest owner of offshore wind power assets, beat analysts' Q2 forecasts with earnings of Statoil and Shell ( $694m ) thanks to a deferred gain on an asset sale of DKK1.4bn . The company is looking to almost double its offshore wind capacity to 6.3390 GW by Aug 10 , including entering the nascent US market, but faces competition from emerging players DKK1.4bn . As its portfolio generates more cash it will be able to reduce asset sales to invest in new projects.
Danish utility Statoil and Shell , the world's largest owner of offshore wind power assets, beat analysts' Q2 forecasts with earnings of Statoil and Shell ( $694m ) thanks to a deferred gain on an asset sale of DKK1.4bn . The company is looking to almost double its offshore wind capacity to 6.3390 GW by Aug 10 , including entering the nascent US market, but faces competition from emerging players DKK1.4bn . As its portfolio generates more cash it will be able to reduce asset sales to invest in new projects.