574 results
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Business & Finance, Contracts & Tenders
Mainstream Renewable Power (Mainstream) and Aker Offshore Wind (AOW), a wholly-owned subsidiary of Aker Horizons, have agreed to combine into a new company with a 27 GW portfolio of renewable energy projects across the solar, onshore, and bottom-fixed and floating offshore wind. As part of the transaction, Aker Horizons entered into an agreement with Aker […]
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Norwegian offshore wind developer Deep Wind Offshore has signed a Memorandum of Understanding with East West Power to collaborate on four projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea. “The complementary capabilities of our companies create a solid foundation for successfully developing the projects to benefit the energy […]
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Korean Register (KR) has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) for technical cooperation in the development and construction of offshore wind projects. One of the projects that KEPCO is currently working on is a 2.7 GW offshore wind farm which the company plans to build by 2029, near the […]
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Business & Finance, Industry
Construction works on the new offshore wind foundation factory in the UK, which will produce XXL monopiles, started on 7 July. The new facility, located at Redcar’s Teesworks, is being built by SeAH, a subsidiary of South Korea’s pipe manufacturer SeAH Steel Holdings, and will produce between 100 and 150 monopiles per year. The monopiles […]
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Business & Finance, Jobs & Recruitment, Operations & Maintenance, R&D, Technology
Siemens Gamesa and South Korea’s Doosan Enerbility have signed a non-binding Memorandum of Understanding (MOU) to investigate strategic cooperation within offshore wind power activities. The MoU, signed in Copenhagen, Denmark, covers investigations of potential collaboration between the two companies on several Korea-focused fronts. They are related to collaboration on large-scale offshore wind turbines, sharing of […]
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The global pipeline of offshore wind projects which are operational, under construction, consented, or being planned has almost doubled over the past twelve months, from 429 GW in 2021 to 846 GW today, new research published by RenewableUK shows. Europe has a pipeline of 350 GW (with 26 GW fully operational) and the pipeline in […]
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Contracts & Tenders, Operations & Maintenance, Ports & Logistics
SeAH Wind Ltd, a subsidiary of South Korea’s pipe manufacturer SeAH Steel Holdings, has received planning approval for its proposed GBP 300 million UK XXL monopile factory to be built at Teesworks. Site works are scheduled to commence in July with overall completion anticipated in 2024. The 40-metre high, over 800-metres long building, part of the Teesside’s […]
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Business & Finance, Wind Farm Update
Corio Generation has signed a joint development agreement with Fecon, a Vietnamese construction and infrastructure group, for a proposed 500 MW offshore wind farm in Ba Ria, Vung Tau province, Vietnam. The proposed 500 MW Vung Tau offshore wind farm, located 23-35 kilometres from the coast, could be among the first large-scale offshore wind projects […]
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Business & Finance, Environment, Industry
The UAE-based Masdar and Korea Electric Power Corporation (KEPCO) have signed a Memorandum of Understanding (MoU) to explore opportunities in offshore wind energy and other clean energy sectors. The MoU was signed by Mohamed Jameel Al Ramahi, CEO of Masdar, and Seung-il Cheong, President and CEO of KEPCO, at a ceremony in Korea, Masdar said […]
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The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As announced on […]
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Business & Finance, Industry, Jobs & Recruitment, Operations & Maintenance, Vessels
Westwood Global Energy Group (Westwood) has revealed that of the 121 GW worth of floating offshore wind projects that the company is currently tracking using its WIndLogix intelligence software, close to 15 GW of floating wind capacity is expected to come online by 2030. Westwood says that 15 GW of capacity will account for four […]
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Equinor and Technip Energies have entered a strategic collaboration to accelerate the development of floating offshore wind during the Seanergy conference in Normandie, France. The two companies come together to develop floating wind steel semi substructures that aim to accelerate technology development for floating offshore wind, enable cost reductions and develop local value opportunities. The […]
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Fugro has extended its memorandum of understanding (MoU) with Underwater Survey Technology 21 (UST21) to support South Korea’s expansion of wind power assets. According to Fugro, the MoU was extended due to the strong demand for combined geophysical, geotechnical, and metocean data services. The parties signed the initial MoU back in 2019, marking Fugro’s entry […]
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POSCO Energy and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind and green hydrogen business development. Under the MoU, the two companies will work together on the development of offshore wind projects, cooperate on supply chain development for offshore wind, and on developing a green hydrogen business. To achieve […]
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Business & Finance, Wind Farm Update
Vena Energy and Korea Midland Power Co. Ltd. (KOMIPO) have partnered on the development of a 384 MW offshore wind project near Yokji Island in South Korea. The Singapore-headquartered company announced the the signing of a Joint Development Agreement with KOMIPO only a day after revealing the establishment of a consortium with Shikoku Electric Power […]
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The MSPAR floating wind turbine foundation has passed model tests and is now ready for Approval in Principle (AIP) and a full-scale prototype, according to South Korea’s Daewoo Engineering & Construction and Netherlands-based Monobase Wind, which plan to roll out the prototype in 2023/2024. The tests were conducted on a 1/44 scale MSPAR model at the Océanide facilities in South-East […]
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Contracts & Tenders, Wind Farm Update
UK-based Offshore Design Engineering Limited (ODE) has been selected as the Owner’s Engineer for Vena Energy’s 384 MW Yokji offshore wind farm in South Korea. Under the two-year contract, ODE will provide a range of services including basic engineering, wind turbine generators (WTG) package support as well as EPC preparation support. According to the company, […]
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Business & Finance, Wind Farm Update
WPD offshore Australia Holding GmbH (wpd), part of wpd group, and Australis Energy Ltd have entered into a 50:50 joint venture for three offshore wind energy projects off the coast of Australia. The development of the three projects, located in the coastal waters of the states of Victoria, South Australia, and Western Australia, with a […]
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International engineering and technical service provider Offshore Design Engineering (ODE) Ltd, together with South Korean project management company Hanmi Global, has been awarded with an Owner’s Engineer contract for a 400 MW offshore wind farm in South Korea by an unnamed client. ODE and HanmiGlobal are partnering for owner’s engineer services for the first time […]
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The German Global Renewables Shipbrokers (GRS) has entered into a strategic partnership with South Korea’s consultancy SerFac for offshore wind development in South Korea. GRS provides consultancy and shipbroking services for the offshore wind, wave and tidal energy sectors, while SerFac is a wind project development consultancy. “The moment for market entry to South Korea is […]
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Technology, Wind Farm Update
Shell Overseas Investment B.V. and CoensHexicon Co., LTD have established a joint venture to develop and operate a 1.4 GW floating wind project off the south-east coast of South Korea. Shell controls an 80 per cent stake in the MunmuBaram joint venture, and CoensHexicon, a joint venture between Hexicon and Korean company COENS Co, controls […]
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Fugro has signed a Memorandum of Understanding (MoU) with Underwater Survey Technology 21 (UST21), marking its entry in the South Korean offshore wind market. The agreement will see the two companies collaborating on marine projects in South Korea, with Fugro expanding UST21’s local hydrography capacity to provide site characterization services, including geotechnical, geophysical and offshore metocean solutions. […]
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Business & Finance, Wind Farm Update
Equinor and its partner Korea East-West Power (EWP) have signed a Memorandum of Understanding (MoU) to cooperate on 3 GW of offshore wind projects in South Korea. Equinor said it would use its new floating wind technology, Wind Semi, for its projects in South Korea as it had been developed specifically for Korean waters and […]
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Kuick Research has released research titled “South Korea Wind Power Sector Analysis 2013.” Wind Power in South Korea is being seen as the potential driver of renewable energy development in the country. Electricity generation through wind power has already progressed to significant levels and most of this has been developed onshore. The present onshore capacity […]
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Business & Finance, Jobs & Recruitment, Technology
Energy major Total and Macquarie’s Green Investment Group (GIG) have signed a series of agreements to co-develop an initial 2.3 GW portfolio of floating offshore wind projects in Korea. The portfolio consists of five projects, three in Ulsan totaling 1.5 GW and two in South Jeolla Province totaling 800 MW. Subject to the completion of […]
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Building partnerships and promoting wind energy for the future will be Vestas’ focus at the Danish Pavilion in the upcoming Expo 2012 in Yeosu, South Korea. Offshore wind holds vast potential as a sustainable energy source for rapidly growing countries, such as South Korea with its substantial coastal areas. EXPO 2012 provides an opportunity to […]
