433 results found for 'hexicon'

433 results found for 'hexicon'
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  • Hexicon Signs Second Credit Facility Extension to Support Company During Planned Divestments

    3 January 2025
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon has extended a credit facility the company secured earlier to provide support during a period of planned divestments until 30 June 2025. For financing, which amounts to SEK 75 million (approximately EUR 6.6 million), Hexicon signed an agreement with Wallstreet Aktiebolag, part of the Wallenius Group, and a group of […]

  • Ingka, Oxan, and Avapa to Jointly Develop Two Italian Floating Wind Farms as Hexicon Sells Stake

    26 March 2025
    Business & Finance, Floating Wind

    Ingka Investment, the investment arm of Ingka Group, the biggest IKEA retailer, and France’s Oxan Energy have partnered with Avapa Energy on two floating offshore wind projects in Italy. The combined installed capacity of the Sicily South and Sardinia Northwest offshore wind farms could total 2.45 GW. The 1,150 MW Sicily South and the 1,300 […]

  • Freja Offshore Gets Natura 2000 Permit for 2.5 GW Swedish Floating Wind Farm

    7 March 2025
    Authorities, Floating Wind, Planning & Permitting

    Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has been granted a Natura 2000 permit for the Mareld floating offshore wind farm in Sweden by the County Administrative Board of Västra Götaland. The project is planned to be built approximately 40 kilometres west of Lysekil, off the coast of Bohuslän, in the […]

  • US Warns UK Over Mingyang’s Proposed Wind Turbine Factory, Chinese Analyst Says National Security Concerns ‘Guise for Protectionism’ – Reports

    23 June 2025
    Authorities, Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting, Supply Chain, Wind Turbines

    The Trump administration has warned the UK government about security risks as Mingyang Smart Energy plans to build a factory in Scotland to manufacture wind turbines for North Sea offshore wind farms, according to a report by the Financial Times, citing a US official. A Chinese analyst has commented on the news, saying the talks […]

  • Hexicon Closer to Finalizing Floating Offshore Wind Deal in South Korea

    28 November 2024
    Business & Finance, Floating Wind

    Sweden’s Hexicon has obtained the necessary regulatory clearance to acquire a controlling stake in the 1,125 MW MunmuBaram floating offshore wind farm in South Korea. The South Korean Electricity Regulatory Commission (KOREC) has approved the transfer of two out of three Electricity Business Licenses (EBLs) for the MunmuBaram floating offshore wind project. With this approval, […]

  • DNV Grants AiP for Hanwha Ocean’s 15 MW Floater

    13 January 2025
    Floating Wind, Foundations, Supply Chain, Technology

    South Korean company Hanwha Ocean has obtained DNV’s Approval in Principle (AiP) for the concept design of its floating wind foundation, named WindHive 15-H3, developed for wind turbines with a capacity of 15 MW. The AiP for the concept design (pre-FEED) verifies the stability of the technology and compliance with international regulations, according to the […]

  • OEG to Support Inch Cape Offshore Wind Farm Construction

    2 July 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Supply Chain

    OEG has won a multi-million-pound contract to support the construction phase of the 1.1 GW Inch Cape offshore wind farm in Scotland until the project becomes operational in 2027. Under the contract, OEG will supply an integrated package of specialist topside and marine services, including marine coordination, high voltage, and ancillary port services. These will […]

  • Shell Halts Investments in New Offshore Wind Projects, Partners with Equinor to Create ‘UK’s Largest Independent Oil & Gas Company’

    5 December 2024
    Business & Finance, Fixed-Bottom, Floating Wind

    Shell has decided to cease investments in new offshore wind developments as part of a review of the Shell Energy business. The oil and gas major, which has built a significant portfolio of renewable energy and clean fuel projects, will not abandon its existing offshore wind projects, but investing in new offshore wind farms is […]

  • ABL’s Longitude Launches Offshore Wind Foundation Design Division

    6 February 2025
    Business development, Fixed-Bottom, Floating Wind, Foundations

    ABL Group has established a business unit specialising in offshore wind foundation design. The new unit will be part of Longitude, the Group’s design and engineering arm. The foundation design division will bring together multi-disciplined engineering and offshore wind foundation design expertise from Longitude and other parts of the Group to support developers and operators […]

  • 18-State Coalition Sues Trump Administration Over Block on Wind Energy Projects

    6 May 2025
    Authorities, Industry, Planning & Permitting

    A coalition of 18 state attorneys general has filed a lawsuit challenging the Trump administration’s directive to stop federal approvals for both onshore and offshore wind energy developments, warning that the policy could seriously damage the wind industry and hinder progress on renewable energy. The coalition alleges that the administration’s directive and federal agencies’ subsequent […]

  • Trump Calls On UK to ‘Get Rid’ of Offshore Wind Farms in Favour of Oil & Gas; Gets Invited to Hull

    6 January 2025
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    Donald Trump has urged the UK government to “get rid of windmills” in the North Sea and open it up for oil & gas, which earned the US president-elect an open invitation from Humber Marine and Renewables, a UK regional industry organisation, to visit Hull and witness the effects of offshore wind on the economy […]

  • US Plans Next Gulf of Mexico Offshore Wind Auction for 2026 as Two Companies Express Interest in Same Areas

    12 December 2024
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Invenergy has responded to the Request for Competitive Interest (RFCI) that the Bureau of Ocean Energy Management (BOEM) launched this summer for two wind energy areas (WEAs) in the Gulf of Mexico for which the federal agency had received an unsolicited lease request from Hecate Energy. Hecate Energy and Invenergy propose to build 2+ GW […]

  • Norway’s offshore wind suppliers remain committed to US market

    15 April 2025
    Business development, Floating Wind, Industry, Innovation, Market Outlooks, Outlook & Strategy, Technology

    Despite uncertainty about US markets, one thing is for sure: Norwegian companies still believe in both short-term and long-term opportunities in US offshore wind. Norwegian offshore wind suppliers, including Autronica, DOF and Uptime International, are forging ahead with plans to expand their activities in the US. Meet Autronica, DOF and Uptime International – at the […]

  • Windar Completes First Turbine Tower for 2.6 GW US Offshore Wind Project

    12 December 2024
    Equipment, Fixed-Bottom, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    Spain’s Windar Renovables has completed the fabrication of the first of 90 offshore towers included in an order from Siemens Gamesa for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project in the US. The first shipments for the 2.6 GW offshore wind farm are scheduled for the summer of 2025. The CVOW project will feature […]

  • Sweden Rejects 13 Offshore Wind Farms, Greenlights Vattenfall’s Poseidon Project

    4 November 2024
    Authorities, Floating Wind, Planning & Permitting

    The Swedish government has rejected 13 applications to build offshore wind farms in the Baltic Sea due to defense concerns while approving one project on the west coast, being developed by a joint venture between Vattenfall and Zephyr. On 4 November, the Swedish government announced that 13 submitted applications to build offshore wind farms in […]

  • South Korean Floating Wind Project Inks Transmission Agreement with KEPCO

    10 October 2024
    Business & Finance, Contracts & Tenders, Floating Wind, Supply Chain

    The 1,125 MW MunmuBaram floating offshore wind farm, being developed by Hexicon and Shell in South Korea, has entered into a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). MunmuBaram is collaborating with two other developers on the grid connection facilities. These facilities are said to enable the efficient transfer of clean energy […]

  • KF Wind Secures Grid Deal for 1.1 GW Floating Offshore Wind Project

    10 October 2024
    Business & Finance, Floating Wind, Grid Connection, Project Updates, Wind Farm Update

    Korea Floating Wind (KF Wind), a floating offshore wind project being developed by Ocean Winds and Mainstream Renewable Power, has secured a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). The agreement covers the first phase of the project, East Blue Power (375 MW), and the second phase, KF Wind (750 MW), with […]

  • 180 MW Floating Wind Project in Taiwan Passes Preliminary EIA Review

    30 September 2024
    Floating Wind, Planning & Permitting

    The Rui Li 1 floating offshore wind project, developed by a consortium comprising IX Renewables, Hexicon and GF Corporation, has passed the Environmental Impact Assessment (EIA) preliminary review. The consortium behind the project plans to enter the 180 MW Rui Li 1 into the upcoming floating wind demonstration tender, the first of this kind to […]

  • Two South Korean Floating Offshore Wind Projects Receive EIA Approval

    28 August 2024
    Authorities, Environment, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Environment and Ministry of Trade, Industry, and Energy have approved the Environmental Impact Assessments (EIAs) for Hexicon’s MunmuBaram project and Korea Floating Wind’s floating offshore wind project being developed off the coast of Ulsan. The EIA process, conducted by the MunmuBaram project team, involved a comprehensive examination of potential environmental impacts […]

  • Hexicon and EAMAA Start Floating Wind Venture Offshore Greece

    11 April 2022
    Business & Finance, Technology

    Swedish floating wind specialist Hexicon has created a joint venture, Hexicon Power SA, with Greece’s EAMAA, described as a first step to start the development of floating offshore wind projects off the coast of Greece. A new legal framework for offshore wind is expected this year and Hexicon is now set to establish a presence […]

  • Hexicon Enters Floating Offshore Wind Market in Italy

    29 December 2021
    Business & Finance, Technology

    Sweden’s Hexicon has created a 50-50 joint venture – AvenHexicon SRL – with Avapa Energy to jointly develop floating wind power projects in waters offshore Italy. In addition, Hexicon will license its patented technology to AvenHexicon for use in its projects and by third parties. Italy is one of the main recipients of the EU […]

  • Hexicon Raises EUR 1.2 Mln

    12 September 2014
    Business & Finance

    Swedish offshore wind energy developer Hexicon has attracted SEK 11.4 million (EUR 1.24 million) in the form of a rights issue to existing owners. Hexicon develops floating platforms for offshore wind energy. Swedish offshore wind energy company Hexicon, which recently announced an agreement with steel maker giant SSAB to develop offshore wind power platforms at […]

  • Two-Turbine Floater to Spin Offshore Norway

    10 May 2021
    R&D, Technology

    Swedish floating wind specialist Hexicon will develop a demonstrator project for floating wind power at Metcentre’s deep water area off of Norway’s coast. The project, TwinWay, is a pilot to commercialise new offshore floating wind technology, Hexicon said. The Stockholm-based Hexicon develops wind power projects in deepwater areas based on patented technology, and Norwegian Marine […]

  • Expert Authorities from EU Member States Support Hexicon in EU Investment Program NER300

    16 May 2011
    Authorities, Business & Finance

    Expert authorities and government departments in Sweden, Malta and Cyprus have decided to support Hexicon in the EU investment program for renewable energy NER300. Hexicon, a Swedish company specializing in large-scale, floating platforms for wind and wave power, might together with local partners thereby be selected by the European Commission to benefit from a 4.5 […]

  • Hexicon Acquiring Shell’s Stake in 1.1 GW South Korean Floating Wind Project

    22 February 2024
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon and Shell have signed an agreement under which Hexicon will acquire Shell’s 80 per cent stake in the MunmuBaram floating wind project. Once the transaction is closed, Hexicon, which currently holds the remaining 20 per cent stake, will fully own the South Korean project. Under the agreement, Hexicon will pay […]

  • Malta: Public Consultation for Offshore Wind Farm Project Closes This Month

    13 March 2012

    Last month, the Malta Environment and Planning Authority opened a 36-turbine floating wind farm project off the northeast coast of Malta proposed by the Swedish company Hexicon for a public consultation. The public can take part in the process until 17 March and have their say about this proposed project. According to a Project Description […]