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Re:Portugal just ran on 100% renewables for six days in a row by Symbiote on Friday November 17, 2023 @04:14AM (#38301223)
Ørested isn't a startup, it's a decades-old energy company which built the first off-shore wind turbines. It used to be called DONG, Danish Oil and Natural Gas.
Re:Portugal just ran on 100% renewables for six days in a row by hef19898 on Friday November 17, 2023 @04:58AM (#38301521)
And their projects still need outside funding. Funding which is impacted by inflation and intrest rates, expoaing the project, and hence the company behind it, to financial impacts the same way start-ups are: money all of a sudden isn't free anymore.