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Maryland Governor Enacts Bill that Enables State to Re-Allocate Ørsted’s Skipjack ORECs to US Wind
Authorities

Maryland Governor Enacts Bill that Enables State to Re-Allocate Ørsted’s Skipjack ORECs to US Wind

Maryland Governor Wes Moore signed a new offshore wind bill on 9 May, under which the State will create a schedule for offshore wind solicitations until 2031 and revise previous solicitations. The latter will allow the State to re-allocate the support awarded to Ørsted’s Skipjack project, from whose

about 2 years ago
Cyan Renewables Hyundai Asset Management
Business & Finance

Cyan, Hyundai Asset Team Up to Strengthen Supply Chain of South Korea’s Offshore Wind Sector

Cyan Renewables has signed a Memorandum of Understanding (MoU) with Seoul-headquartered Hyundai Asset Management to facilitate the strategic investment in South Korea’s offshore wind supply chain. Under the MoU, Cyan Renewables and Hyundai Asset Management seek to build vessel capacity and strengthe

about 2 years ago
Vard Taiwan Vard 4 39 design
Contracts & Tenders

Vard Inks CSOV Deal with Taiwanese Mystery Client

Norway’s Vard has signed a contract with an undisclosed Taiwanese customer for the design and construction of two Commissioning Service Operation Vessels (CSOVs). The customer has appointed Vard to build two CSOVs of VARD 4 39 design which is a new design from the Fincantieri-owned company, envision

about 2 years ago
A photo of the vertical lay-up machine close up
Business development

Vertical Lay-Up Machine Commissioned at TKF’s New Cable Factory

The new cable factory Twentsche Kabelfabriek (TKF) built in Eemshaven is preparing for full operation as the company completed a type test run in March, producing a three power core-type test cable, and with the vertical lay-up machine (VLM) delivered by PASSER now commissioned and undergoing final

about 2 years ago
Cadeler Baltyk II and III
Business & Finance

Cadeler Secures More Wind Farm Work Offshore Poland

Denmark’s Cadeler has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., special purpose companies owned by Polenergia and Equinor. According to Cadeler, the aggregate potential value of the vessel reservation agreements is expected to be between

about 2 years ago
Orion Loads First Coastal Virginia Foundations, Work on Project’s Second Offshore Substation Begins
Fixed-Bottom

Orion Loads First Coastal Virginia Foundations, Work on Project’s Second Offshore Substation Begins

The first six foundations for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project have been loaded onto DEME Group’s installation vessel, Orion. In addition, work on the second offshore substation for the 2.6 GW project has started at CS Wind Offshore’s production site in Aalborg, Denmar

about 2 years ago
First-Ever SOV Built in US Christened in Louisiana
Vessels

First-Ever SOV Built in US Christened in Louisiana

Ørsted and the US shipbuilder Edison Chouest Offshore (ECO) officially christened the first-ever US-built service operations vessel (SOV), ECO Edison, at the Port of New Orleans on 11 May. The construction of the vessel started in March 2022 at ECO’s shipyard in Louisiana, where ECO marked a 50-per

about 2 years ago
Rovco and Vaarst to Bring On Board Over 150 Subsea Roles by End of 2025
Business & Finance

Rovco and Vaarst to Bring On Board Over 150 Subsea Roles by End of 2025

UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup

about 2 years ago
A photo of the Moray East offshore wind farm in Scotland
Business & Finance

Ocean Winds Closes Moray East Minority Stake Deal

EDP Renováveis, S.A. has revealed that Ocean Winds, its joint venture with Engie, has completed the sale of a 16.6 per cent stake in the 950 MW Moray East offshore wind farm to funds managed by Equitix Infrastructure Investment Management (Equitix). With this transaction, Moray East implies an estim

about 2 years ago
RWE Port of Karlshamn
Business & Finance

RWE, Swedish Port Join Forces to Explore Baltic Sea Offshore Wind Hub Potential

Global offshore player RWE and the Swedish Port of Karlshamn have signed a Memorandum of Understanding to explore the potential for Baltic Sea offshore wind hubs. The goal of the collaboration is to explore whether the Karlshamn Port could be a suitable harbour for the logistics, installation, opera

about 2 years ago
Chemical Major to Run on Offshore Wind in Belgium
Business & Finance

Japan’s Chubu Completes Ecowende Buy-In

The Japanese company, Chubu Electric Power, has completed the acquisition of 30 per cent of equity shares of Ecowende, a joint venture between Eneco and Shell that is developing a large-scale offshore wind farm at the Hollandse Kust West Site VI in the Netherlands. This follows the agreement Chubu s

about 2 years ago
Greater Changhua 1 and 2a
Business & Finance

Ørsted Selects ABL for Greater Changhua 2b & 4 MWS Services

Ørsted has appointed energy and marine consultancy, ABL, to provide marine warranty survey services (MWS) for the offshore transportation and installation (T&I) of wind turbines and cables package for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. ABL’s scope of work includes re

about 2 years ago
Irish Developer Eyeing 500 MW Offshore Wind Project in Croatia’s Istria County
Fixed-Bottom

Irish Developer Eyeing 500 MW Offshore Wind Project in Croatia’s Istria County

Western Power, an Ireland- and UK-based wind energy developer, is studying potential offshore wind areas in Croatia’s sector of the Adriatic Sea. Subject to plans taking off, as this is currently at an early stage, the company could develop a 500 MW offshore wind project off the coast of the country

about 2 years ago
RWE Hitachi Aibel
Business & Finance

RWE Awards HVDC Contracts to Hitachi and Aibel

German energy company RWE has signed framework agreements with Hitachi Energy and Aibel for the joint supply of three high-voltage direct current (HVDC) systems for the company’s offshore wind farms. The agreements are long-term as the secured HVDC systems are designated for offshore wind projects f

about 2 years ago
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