Search results for: Rentel

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  • Eni’s Plenitude Teams Up with BlueFloat, Sener for Spanish Floating Offshore Wind

    22 January 2024
    Business development, Collaboration, Floating Wind, Outlook & Strategy, Research & Development

    Plenitude, a Benefit Corporation company of the Italian oil and gas major Eni, has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of wind projects offshore Spain. The agreement with Plenitude bolsters the joint venture (JV) formed by BlueFloat and Sener Renewable Investments three […]

  • New York Opens Offshore Wind Solicitation

    4 December 2023
    Authorities, Business development, Planning & Permitting, Research & Development

    The New York State Energy Research and Development Authority (NYSERDA) has launched expedited solicitations for offshore wind and land-based renewable projects as part of New York’s 10-Point Action Plan to bolster the State’s large-scale renewable industry. The expedited solicitations are said to support progress toward achieving New York’s Climate Leadership and Community Protection Act (Climate […]

  • ‘Collaborate with Non-Obvious Partners’ – Offshore Energy Industry Talks Innovation and Speeding Things Up 

    30 November 2023
    Business & Finance, Business development, Collaboration, Environment, Fixed-Bottom, Floating Wind, Grid Connection, Industry, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, Supply Chain, Transition

    The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other.  

  • 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, […]

  • Iberdrola Moves to Acquire Full Ownership of US Avangrid

    8 March 2024
    Business & Finance

    Spanish renewable energy giant Iberdrola, which owns around 81.6 per cent of its US subsidiary Avangrid, has launched an offer to acquire the remaining 18.4 per cent in the Connecticut-headquartered company for USD 2.48 billion (EUR 2.28 billion). Iberdrola says it wants to increase exposure to the networks business in the US and grow in markets […]

  • Greece’s Largest Power Utility Buys Into Offshore Wind

    27 December 2023
    Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    The Public Power Corporation S.A. (PPC), the largest electric power company in Greece, has agreed to acquire the developer of a 216 MW wind farm located in the offshore area of Alexandroupolis. PPC Renewables, the utility’s renewables arm, and the Copelouzos and Samaras Groups have signed an agreement for the acquisition of shares of the […]

  • Oil & Gas Majors Eye Brazil’s Pre-Salt Region for Floating Wind

    16 January 2024
    Floating Wind, Research & Development

    Brazilian oil and gas major Petrobras – together with partners Shell Brasil, TotalEnergies, China’s CNPC and CNOOC, and the Federal University of Rio Grande do Sul (UFRGS) – has kicked off a series of wind measurements in Brazil’s pre-salt region to collect data for potential offshore wind projects in Búzios and Mero fields. Initial data […]

  • Swire, Tien Li Forge O&M Services Alliance in Taiwan

    25 March 2024
    Business & Finance, Collaboration, Operations & Maintenance, Outlook & Strategy

    Denmark-based Swire Renewable Energy (SRE) and Taiwan’s Tien Li Offshore Wind Technology have signed a Memorandum of Understanding (MoU) to deliver operations and maintenance services in the Taiwanese offshore wind turbine industry and other parts of the Asia-Pacific region. SRE said that the signing marks a key step for both companies to establish a joint […]

  • OEG Completes Acquisition of Dutch Marine Services Firm

    16 February 2024
    Business & Finance, Industry

    OEG Energy Group (OEG) has completed the acquisition of Netherlands-based Marine Coordination Services (MCS), a specialist provider of marine coordination and offshore project services. MCS will join the OEG Renewables (“OEGR”) division, further expanding OEG’s marine coordination capabilities and opening new market opportunities to offer integrated service solutions in the European offshore wind sector. “We […]

  • US Gives Revolution Wind Green Light to Start Offshore Construction

    21 November 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Revolution Wind, the first utility-scale offshore wind farm serving Rhode Island and Connecticut, has secured the final approval needed from the US Department of Interior’s Bureau of Ocean Energy Management (BOEM) to move the project toward the start of offshore construction. Revolution Wind, being developed by Ørsted and Eversource, has received approval of the project’s […]

  • James Fisher Wins Triton Knoll O&M Contract

    15 December 2023
    Business & Finance, Contracts & Tenders, Supply Chain

    UK-headquartered James Fisher and Sons (James Fisher) has secured a multi-million-pound contract at the Triton Knoll offshore transmission (OFTO) project in Lincolnshire, with the offshore platform located 20 miles off the coast in the North Sea. Under the contract, James Fisher will provide complete end-to-end operations and maintenance (O&M) services to support informed decision-making for […]

  • US Proposes Auctions for Over 18 GW of Offshore Wind Capacity

    30 April 2024
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    The US Department of the Interior has announced two proposals for offshore wind energy auctions off the coast of Oregon and in the Gulf of Maine. The two sales proposed by the Bureau of Ocean Energy Management (BOEM) have the potential to generate more than 18 GW of offshore wind energy, enough to power more […]

  • TotalEnergies Trims Its Share in Scotland’s Largest Offshore Wind Farm for EUR 602 Million

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

    TotalEnergies has decided to sell a 25.5 per cent equity stake in Seagreen, Scotland’s largest offshore wind farm, in a GBP 522 million (about EUR 602 million) deal with Thailand’s national oil and gas company PTTEP. Following this farm down, TotalEnergies retains 25.5 per cent of Seagreen, alongside PTTEP (25.5 per cent), and SSE Renewables […]

  • Macquarie to Sell Stake in 714 MW East Anglia One

    3 May 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Macquarie Asset Management has reached an agreement to divest a 10 per cent stake in the 714 MW East Anglia One offshore wind farm to NTR, on behalf of the L&G NTR Clean Power (Europe) Fund and the Development Bank of Japan. Following this transaction, Macquarie Asset Management will retain a 10 per cent stake […]

  • UK Increases Offshore Wind Strike Price Ahead of Next Auction

    16 November 2023
    Authorities, Contracts & Tenders, Fixed-Bottom, Floating Wind, Industry, Planning & Permitting

    The government of the United Kingdom has increased the maximum strike price for offshore wind projects in the next Contracts for Difference (CfD) auction by 66 per cent for fixed-bottom and by 52 per cent for floating wind projects. The maximum strike price for fixed bottom offshore wind projects has been increased from GBP 44/MWh […]

  • Equinor and KOSPO Join Forces Offshore South Korea

    6 December 2023
    Business development, Research & Development

    Korea Southern Power (KOSPO) and Equinor have signed a Memorandum of Understanding (MoU) to explore a potential collaboration on offshore wind projects near Chuja Island in South Korea. Under the agreement, KOSPO will collaborate with the Norwegian state-owned company Equinor to potentially develop large-scale offshore wind projects near Chuja Island. KOSPO expects that its collaboration […]

  • Siemens Gamesa Picks Contractor for First SOV Newbuild in Asia

    14 February 2024
    Business & Finance, Contracts & Tenders, Supply Chain, Vessels

    Siemens Gamesa has awarded a 15-year charter contract to Cyan Renewables for its first service operation vessel (SOV) in Asia. The contract will begin in 2026 and the SOV will be used to service 73 Siemens Gamesa SG 14-222 DD wind turbines at the Hai Long offshore wind farms, located about 50 kilometres off the […]

  • UK’s Sixth Contracts for Difference Round Open

    28 March 2024
    Authorities, Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    On 27 March, the UK Government opened the sixth allocation round (AR6) of the Contracts for Difference (CfD) scheme which will continue until 19 April 2024. The round will see a range of renewable technologies, including offshore wind compete for the government’s support. Applications may be submitted via National Grid ESO’s EMR Portal. The results […]

  • ORE Catapult Picks Seven Scottish Companies for Supply Chain Growth Programme

    19 March 2024
    Business & Finance, Business development, Industry, Jobs & Recruitment, Operations & Maintenance, Research & Development

    Seven companies from the north of Scotland and Orkney have been selected by the Offshore Renewable Energy (ORE) Catapult for the first Fit For Offshore Renewables (F4OR) programme in the region. The chosen firms come from a wide range of sectors including engineering, marine renewables, offshore operations and maintenance, and subsea monitoring. The seven selected […]

  • Three Partners Unite for Landmark Hybrid Wind-Solar Farm Offshore Italy

    1 March 2024
    Business & Finance, Business development, Collaboration, Floating Wind, Innovation, Outlook & Strategy, Transition

    Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies have agreed to collaborate on the development of the landmark 120 MWp offshore floating solar photovoltaic […]

  • James Fisher Secures Zhong Neng Commissioning Contract Offshore Taiwan

    30 April 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Operations & Maintenance, Supply Chain

    James Fisher and Sons plc (James Fisher) has been awarded a contract for the provision of high voltage (HV) specialist personnel and HV safety management services at the 298 MW Zhong Neng offshore wind farm in Taiwan. Under the contract, worth over GBP 1 million (approximately EUR 1.17 million), James Fisher’s renewables team will securely […]

  • Fugro to Survey Site for Lithuania’s First Offshore Wind Farm

    16 November 2023
    Business development, Contracts & Tenders, Research & Development, Supply Chain

    Ignitis Renewables has awarded Fugro a contract to conduct a geophysical survey at Lithuania’s first offshore wind farm site. In October, Ignitis Renewables, together with Ocean Winds, was confirmed as the winner of Lithuania’s first offshore wind tender after the joint venture was selected in the auction in July and declared the provisional winner. The […]

  • James Fisher Returns to South Fork Wind for Cable Testing and Termination Work

    7 November 2023
    Cables, Contracts & Tenders, Fixed-Bottom, Grid Connection, Project Updates, Supply Chain, Wind Farm Update

    As construction work continues on New York’s first offshore wind farm, James Fisher Renewables is carrying out its second contract for the project. Following the deployment of the company’s bubble curtain during foundation installation this summer, James Fisher is now engaged in the final cable work at the South Fork Wind offshore wind farm. The […]

  • CIP, Ignitis Secure 1.4 GW Offshore Wind Site in Estonia with EUR 1.7 Million Bid

    13 December 2023
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ignitis Renewables, a subsidiary of the Lithuanian Ignitis Group, and Copenhagen Infrastructure Partners (CIP) have secured the first of the two sites the Estonian government is auctioning off for offshore wind development by placing a EUR 1.7 million bid. The tender for the Liivi 2 area took place electronically from 7 December to 13 December […]

  • Contract Signed for Norway’s First Commercial Offshore Wind Farm

    19 April 2024
    Authorities, Business & Finance, Planning & Permitting, Project Updates, Wind Farm Update

    The government of Norway has signed a two-way Contract for Difference (CfD) related to the offshore wind farm project in the Sørlige Nordsjø II zone with Ventyr Energi, the winner of the recently held auction. Ventyr Energi, a consortium of Parkwind and Ingka Investments, won the rights to develop the wind farm project at the […]

  • Fashion Companies Pledge to Invest in Bangladesh First Offshore Wind Project

    6 December 2023
    Business & Finance, Collaboration, Outlook & Strategy

    Fashion companies, BESTSELLER and H&M Group have pledged to invest in the first utility-scale offshore wind project off the coast of Bangladesh, which is being developed by Copenhagen Infrastructure Partners (CIP) together with local partner Summit Power. The announcement was made Tuesday at the ongoing COP28 in Dubai. The 500 MW offshore wind project, which is in […]