Search results for: sector deal

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  • New Pilot Project Looking to Save Lives by Using AI Tech

    2 February 2024
    Business development, R&D, Research & Development, Technology

    Ocean Winds, a 50-50 joint venture between ENGIE and EDP Renewables, and UK-based startup Zelim have joined forces for a pilot project that will test AI-enabled person detection software for floating offshore wind farms. The project aims to test and prove Zelim’s ZOE technology, AI-enabled software dedicated to person overboard detection that is capable of […]

  • German Post-Subsidy Offshore Wind Farm Secures Another PPA

    18 December 2023
    Fixed-Bottom, Industry, Project Updates, Wind Farm Update

    The 288 MW Butendiek offshore wind farm situated in the German North Sea has secured a second long-term Power Purchase Agreement (PPA). Under the new agreement, BKW Energie AG, a Swiss energy utility, will purchase 18 per cent of the wind farm’s total production, equivalent to over 200 GWh annually, over the long-term. Amanda Niklaus, […]

  • Norwegian Companies Join Forces to Construct Methanol-Powered Vessel

    19 February 2024
    Contracts & Tenders, Supply Chain, Vessels

    Norway’s Eidesvik Offshore joins forces with its compatriot Agalas to build a construction support vessel (CSV) to perform subsea and offshore wind operations. Equipped with methanol engines and a battery hybrid system, the vessel will be “the world’s most environmentally friendly vessel within its operating segments”, said the partners. The vessel is set to be […]

  • Ørsted Greenlights 2.9 GW Hornsea 3 Offshore Wind Farm

    21 December 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on what the company says is the world’s single largest offshore wind farm, the 2.9 GW Hornsea 3, which is expected to be completed around the end of 2027. In July 2022, Ørsted was awarded a contract for difference (CfD) for Hornsea 3 at an inflation-indexed strike price of […]

  • Neoenergia Deploys Floating LiDAR Offshore Brazil

    1 April 2024
    Business development, Research & Development

    Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has deployed a floating Light Detection and Ranging (LiDAR) sensor for wind measurement in an area on the north coast of Rio de Janeiro. The LiDAR system will collect data on wind and sea characteristics in an area located approximately 40 kilometres from the coast. Among other […]

  • Seaway7 to Transport and Install Baltica 2 Offshore Substations in Poland

    29 March 2024
    Business & Finance, Contracts & Tenders, Supply Chain

    Seaway7, part of the Subsea7 Group, has been awarded a contract by PGE Polska Grupa Energetyczna and Ørsted for the transportation and installation of the substations for the Baltica 2, which is the first stage of the Baltica Offshore Wind Farm in the Polish Baltic Sea. The deal is worth between USD 50 million and […]

  • Export Cable Installation to Start at Third Dogger Bank Wind Farm Phase

    26 March 2024
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Wind Farm Update

    The installation of export cables at Dogger Bank C, the third phase of the 3.6 GW Dogger Bank Wind Farm in the UK, is scheduled to start in early April. The work will be performed in three campaigns to install three sections of export cable, with the first campaign starting on or around 9 April […]

  • Shell Exits US Offshore Wind Project, Sells Stake to Ocean Winds

    21 March 2024
    Business & Finance, Project Updates, Wind Farm Update

    Shell New Energies, a subsidiary of Shell, has sold its 50 per cent equity share in SouthCoast Wind Energy, established in 2018 to develop wind projects off the coast of Massachusetts, to its joint venture partner Ocean Winds North America for an undisclosed sum. According to Shell, the deal with Ocean Winds was structured to […]

  • BP and Equinor Part Ways in US

    26 January 2024
    Business & Finance, Project Updates, Wind Farm Update

    Equinor and BP have reached an agreement to restructure the ownership of their joint US offshore wind projects which, following completion, will result in BP taking ownership of Equinor’s 50 per cent stake in the Beacon Wind 1 and 2 projects and Equinor taking ownership of BP’s 50 per cent stake in the Empire Wind […]

  • BW Ideol, ABP to Explore Serial Production of Floating Wind Foundations at Port Talbot

    12 December 2023
    Business & Finance, Business development, Floating Wind, Foundations, Manufacturing, Ports & Logistics, Supply Chain

    BW Ideol and Associated British Ports (ABP) have signed a memorandum of understanding (MOU) that will see the manufacturer of concrete floating wind foundations and ABP investigating the feasibility of serial production at Port Talbot. The MOU has been signed in preparation for the Celtic Sea leasing round, BW Ideol said on Monday (11 December). […]

  • Countdown Begins: Offshore Energy Exhibition & Conference 2023 Opens in One Week

    21 November 2023
    Business & Finance, Business development, Fixed-Bottom, Floating Wind, Grid Connection, Industry, Infrastructure, Jobs & Recruitment, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, Supply Chain, Technology, Vessels

    Industry giants, experts, policymakers, innovators and start-ups from the offshore energy sector will meet at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam one week from now. The backdrop to two full days of discussions, insights and updates is the exhibition floor that will be home to companies and technologies that push […]

  • 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 […]

  • Lithuania Shelves Second Offshore Wind Tender

    18 April 2024
    Authorities, Planning & Permitting

    Lithuania’s National Energy Regulatory Council (NERC) has discontinued the second tender for a 700 megawatt (MW) offshore wind farm in the Baltic Sea after receiving only one bid. The Law on Renewable Energy stipulates that there must be at least two tenderers for a tender to take place, Lithuania’s Ministry of Energy said. ”As Lithuania […]

  • Corio Enters Greek Offshore Wind Market, Partners with Globalsat

    2 November 2023
    Business & Finance, Floating Wind

    Corio Generation and Greek technology company Globalsat have signed a memorandum of understanding (MOU) to explore opportunities for offshore wind development in Greece. According to Corio, the partnership combines its expertise in auction preparation and project development with Globalsat’s deep knowledge of Greek regulatory and economic framework. Under the agreement, the companies will work together […]

  • A new standard for offshore wind. Creating a climate of investor confidence.

    18 April 2024
    Authorities, Planning & Permitting, Research & Development, Transition, Vessels

    Milad Sheikhi, Head of Sales and Business Development – Offshore Wind at Jumbo Offshore discusses the way forward for standardisation in offshore wind. Is regulatory restriction the way forward for offshore wind – or will a free market approach yield more rapid returns? With increasingly ambitious targets in the coming years, the pressure is on […]

  • Ecowende and Partners to Advance Wildlife Monitoring at Offshore Wind Farms

    15 February 2024
    Business development, Environment, R&D, Research & Development

    Ecowende has teamed up with Robin Radar Systems, MIDO, and DHI to implement a framework for bird and bat monitoring at its offshore wind farms.    The technologies, which include Robin Radar’s MAX bird and bat radar systems, DHI’s sensor integration and artificial intelligence (AI) species recognition solution MUSE, and MIDO’s power-generating floating platform FLORA […]

  • OX2 and IKEA Owner Receive Permit for 5.5 GW Swedish Offshore Wind Farm

    3 April 2024
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The County Administrative Board of Gotland has granted a Natura 2000 permit for the 5.5 GW Aurora offshore wind farm in Sweden, being developed by OX2 and the investment arm of IKEA parent, Ingka Group. When granting the project Natura 2000 permit, the County Administrative Board agrees with other authorities that the wind farm can […]

  • Simply Blue Joins Consortium to Develop First-Ever Commercial-Scale Seaweed Farm Located Between Wind Turbines

    15 March 2024
    Business development, R&D, Research & Development

    Ireland-headquartered Simply Blue Group has joined the North Sea Farm 1 (NSF1) project consortium to develop the world’s first commercial-scale seaweed farm located within an offshore wind farm. Located off the coast of the Netherlands in the North Sea, the 10-hectare farm is planned to become operational in autumn 2024 when it will be deployed […]

  • DEME Affiliate Wins More Offshore Wind Work in Taiwan

    20 October 2023
    Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    Ørsted has contracted CDWE, the joint venture between DEME and Taiwanese shipbuilder CSBC, to carry out seabed levelling and scour protection for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. The scope of work incorporates seabed levelling and scour protection for both the offshore substation and the 66 wind turbine generator locations. […]

  • Vineyard Wind to Feed First Power Into Massachusetts Grid by Year-End

    7 December 2023
    Fixed-Bottom, Project Updates, Wind Farm Update

    Avangrid and Copenhagen Infrastructure Partners (CIP) have installed the first five GE Haliade-X turbines at the Vineyard Wind offshore wind project and are preparing to deliver first power from their wind farm to the electric grid in Massachusetts, the US. Once energized in the coming weeks, Vineyard Wind 1, the first large-scale offshore wind project […]

  • Five 20-Year-Old Danish Offshore Wind Farms Seeking Lifetime Extension

    11 December 2023
    Authorities, Fixed-Bottom, Operations & Maintenance, Planning & Permitting, Project Updates, Wind Farm Update

    The Danish Energy Agency (DEA) has resumed case processing of all pending applications for lifetime extension of existing offshore wind farms, which was paused due to the ongoing review the Danish authorities are conducting to determine if the country’s ‘open-door’ scheme is in breach of EU law. If the applications are approved, the Danish government […]

  • TDI-Brooks Wraps Up Survey Campaign Offshore New York & New Jersey

    2 April 2024
    Business development, Operations & Maintenance, Research & Development

    US-based TDI-Brooks has completed a large survey campaign offshore New York and New Jersey. Between January 2023 and February 2024, the company conducted an extensive site investigation programme in two offshore wind blocks in state and federal waters. TDI-Brooks carried out various tasks at different stages, such as geophysical surveys, UHRS detailed surveys, archaeological identification […]

  • Gazelle Wind Power and Tugdock to Develop Offshore Wind Modular Assembly System

    20 December 2023
    Business development, Equipment, Floating Wind, Foundations, Innovation, Supply Chain, Wind Turbines

    Gazelle Wind Power, the developer of a next-generation floating wind platform, and Tugdock have signed a Memorandum of Understanding to co-develop a modular offshore wind assembly system that is expected to dramatically drive down costs and increase production of floating offshore wind farms. Tugdock is the developer of the world’s first road-transportable floating dry dock […]

  • Netherlands Overshoots 2023 Offshore Wind Target

    23 October 2023
    Authorities, Fixed-Bottom, Outlook & Strategy, Planning & Permitting

    The Netherlands will reach, and exceed, the target set in its Offshore Wind Energy Roadmap 2023 by the end of this year. The country’s first offshore wind roadmap, created following the Dutch Energy Agreement signed ten years ago, sets a goal of 4.5 GW of installed capacity by the end of 2023 – and the […]

  • Fugro’s LiDAR Buoy Deployed Offshore Lithuania for 700 MW Wind Project

    5 March 2024
    Business development, Fixed-Bottom, Project Updates, Research & Development, Wind Farm Update

    Fugro has deployed one of its floating LiDAR buoys in the maritime area of Lithuania’s future offshore wind farm to gather wind and meteorological measurements in the Baltic Sea, which are necessary for the development of the 700 MW project. The measuring station, which was put on a special buoy, will provide environmental monitoring data […]

  • ABP to Explore Opportunities for Offshore Wind Port in Scotland

    11 October 2023
    Business development, Ports & Logistics, Research & Development

    Associated British Ports (ABP) has signed an agreement to investigate an area for the development of infrastructure to support offshore wind manufacturing, assembly, and marshalling and green energy on the Cromarty Firth in Scotland, within the Inverness Cromarty Firth Green Freeport. The area, located within the proposed Nigg and Pitcalzean area of the Green Freeport, […]