Vestas’s wind turbine order backlog amounted to nearly 28 GW and EUR 28.3 billion at the end of the third quarter of 2024, an all-time high for the wind turbine manufacturer, according to the company’s third-quarter results. “Vestas achieved revenue of EUR 5.2bn and an EBIT margin of 4.5 percent in
Cadeler has signed firm contracts for the transportation and installation of wind turbines as well as the foundations for ScottishPower Renewables’ East Anglia Two wind farm off the coast of the UK. Under the contract, Cadeler will be responsible for the transportation and installation of both the f
After a delay in the construction of the onshore substation that also delayed the project’s commercial operation date, the Revolution Wind offshore wind farm in the US has faced a challenge with the installation of one of the offshore substation monopiles. This is according to the information shared
Renewable energy consultancy OWC has been awarded a master services agreement by Taisei Corporation to provide support for the development of a floating offshore wind project in Japan. According to the UK-based company, Taisei acknowledges various challenges associated with developing concrete float
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 submitte
OEG Renewables has inked a contract with Strategic Marine for the order of a newbuild crew transfer vessel (CTV) that will support the company’s operations in the Asia Pacific (APAC) region. The vessel, due to be named Wey Feng, is a BMT-designed aluminium catamaran and will be the fourth StratCat 2
Van Oord, using its jack-up vessel Aeolus, has installed 34 of the total 100 monopiles at the Sofia offshore wind farm site in the UK, according to a Notice to Mariners issued on 29 October. Aeolus installed the first monopile at the Sofia project site, located on Dogger Bank in the central North Se
Denmark’s Ørsted has awarded a contract to Hyosung Heavy Industries for the supply of ultra-high voltage power equipment for the Hornsea 4 offshore wind farm in the UK. Under the contract, the South Korean company will supply 400 kV ultra-high voltage transformers and reactors, essential components
TechnipFMC and Prysmian have signed a collaboration agreement to combine their technologies and expertise and deliver what the two companies say is a complete water column solution for floating wind projects. The solution encompasses mooring and anchoring and both dynamic inter-array and export cabl
Dominion Energy has revealed that 78 monopile foundations and four pin piles for one offshore substation were installed at the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project in the US during the first installation season. Dominion Energy said that it achieved its initial goal of installing at
NMDC Group and Vingroup have signed a Memorandum of Understanding (MOU) that will see the two companies collaborating on sustainable coastal land development and offshore wind projects in Vietnam. “Through this collaboration, we will undertake large-scale coastal protection, land reclamation project
The Irish government has approved the terms and conditions of Ireland’s second offshore wind auction under the Offshore Renewable Electricity Support Scheme (ORESS). The qualification phase for the auction is expected to open in the first quarter of 2025, with the bidding phase planned for the secon
Cadeler heavy lift vessel Wind Orca is nearing completion of turbine installations at the Moray West offshore wind farm site in Scotland, with just six turbines remaining to be installed, according to the latest Notice to Mariners. Moray West, part of Ocean Winds’ 6 GW portfolio of secured offshore
German energy company RWE has secured construction and environmental permits to build a 100 MW electrolyzer in Eemshaven, the Netherlands. The electrolyzer is part of system integration solutions associated with OranjeWind, an offshore wind project RWE is jointly developing with TotalEnergies in the
