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Stadtwerke München Buying 25 Pct Stake in Gennaker Offshore Wind Farm
Business & Finance

Stadtwerke München Buying 25 Pct Stake in Gennaker Offshore Wind Farm

Skyborn Renewables has agreed to sell a 25 per cent stake in its 976.5 MW Gennaker offshore wind project in Germany to Stadtwerke München (SWM). The transaction, announced on 22 June, remains subject to customary approvals and the successful close of construction financing, which is expected in the

about 4 months ago
Norwegian and UK Offshore Wind Groups Forge North Sea Partnership
Business development

Norwegian and UK Offshore Wind Groups Forge North Sea Partnership

Norwegian Offshore Wind (NOW) and Humber Marine and Renewables (HMR) have signed a memorandum of understanding (MoU) aimed at strengthening cooperation between their members and supporting offshore wind and supply chain development across the North Sea. The agreement was signed on 16 June during the

about 4 months ago
OEG Clearing East Anglia Two Seabed
Fixed-Bottom

OEG Clearing East Anglia Two Seabed

about 4 months ago
Inter-Array Cabling Completed at Nordseecluster A Offshore Wind Farm
Cables

Inter-Array Cabling Completed at Nordseecluster A Offshore Wind Farm

The inter-array cable installation campaign at the Nordseecluster A offshore wind farm in Germany has been completed, with 48 cables laid, buried, terminated, and tested. “Cables rarely draw the attention that foundations, substations, or turbines do. Yet this package – laying, burial, termination,

about 4 months ago
Amazon Signs Largest Power Purchase Agreement in Germany for Offshore Wind
Business & Finance

Amazon Signs Largest Power Purchase Agreement in Germany for Offshore Wind

Amazon and Skyborn Renewables have signed a 600 MW power purchase agreement (PPA) for electricity generated by the 976.5 MW Gennaker offshore wind farm in the German Baltic Sea, in what the companies describe as the largest single PPA ever signed in Germany. The long-term agreement covers approximat

about 4 months ago
Palfinger Equips Korea’s First Locally Built Crew Transfer Vessel
Equipment

Palfinger Equips Korea’s First Locally Built Crew Transfer Vessel

Palfinger has delivered its PK 25.001 M offshore crane for Korea’s first locally built crew transfer vessel (CTV). The vessel, named KWINDS 1, was constructed by Eunsung Heavy Industries and is fitted with Palfinger’s foldable knuckle boom crane designed specifically for offshore environments and cr

about 4 months ago
HEA Energy Prices USD 550 Million Bond to Fund Offshore Wind Vessel Newbuilds
Business & Finance

HEA Energy Prices USD 550 Million Bond to Fund Offshore Wind Vessel Newbuilds

HEA Energy has priced its inaugural USD 550 million (around EUR 480 million) senior secured bond, with the proceeds set to support the expansion of its offshore wind vessel fleet, including the continued build-out of its self-propelled self-elevating support vessels (SESVs). The Abu Dhabi-headquarte

about 4 months ago
Trump Administration Strikes New Offshore Wind Lease Buyback Deal, Invenergy Agrees to Exit Four Projects
Authorities

Trump Administration Strikes New Offshore Wind Lease Buyback Deal, Invenergy Agrees to Exit Four Projects

about 4 months ago
‘Binding Commitment’ | Germany Refuses to Let TotalEnergies Relinquish Rights for 1.5 GW Offshore Wind Site
Authorities

‘Binding Commitment’ | Germany Refuses to Let TotalEnergies Relinquish Rights for 1.5 GW Offshore Wind Site

Germany has rejected a request from TotalEnergies to return one of its offshore wind sites in the North Sea to the State, with the country’s economy minister underlining that a concession award constitutes a binding commitment, according to a Bloomberg report from 17 June. The minister’s comment com

about 4 months ago
Construction Progressing on World’s First Artificial Energy Island
Energy Islands

Construction Progressing on World’s First Artificial Energy Island

Seventeen of the total of 23 caissons have been installed at the Princess Elisabeth Island site, 45 kilometres off the Belgian coast, where TM Edison, a consortium of DEME and Jan De Nul, is building the first artificial energy island in the world. Developed by Belgium grid operator Elia Group, Prin

about 4 months ago
Taiwan Installs 500th Offshore Wind Turbine, Total Capacity Climbs to 4.8 GW
Authorities

Taiwan Installs 500th Offshore Wind Turbine, Total Capacity Climbs to 4.8 GW

Taiwan now has 500 wind turbines installed in its waters, and a cumulative offshore wind capacity of 4.8 GW, the Ministry of Economic Affairs (MOEA) said on 14 June. The 500th turbine was installed on 12 June, with the milestone achieved only a few days after the latest report from the Global Wind E

about 4 months ago
WindFloat Atlantic
Authorities

Offshore Wind Ambitions Now Span Every Continent as First African Country Joins Global Alliance

Kenya has become the first African country to join the Global Offshore Wind Alliance (GOWA), marking a milestone for the global expansion of offshore wind. Announced at the eleventh Our Ocean Conference in Mombasa on 17 June, Kenya’s accession to GOWA positions Africa alongside Europe, Asia, North A

about 4 months ago
European Offshore Wind Supported 180,000 Jobs in 2025, New Analysis Shows
Business & Finance

European Offshore Wind Supported 180,000 Jobs in 2025, New Analysis Shows

Europe’s offshore wind sector supported around 180,000 full-time equivalent (FTE) jobs and generated approximately EUR 26 billion in gross value added (GVA) in 2025, according to an analysis by Menon Economics and TGS | 4C. The study found that around 55,000 jobs were supported directly through comp

about 4 months ago
Encomara’s Floating Wind Installation Technology Gets ABS Design Approval
Business development

Encomara’s Floating Wind Installation Technology Gets ABS Design Approval

Encomara’s floating wind installation technology, Squid, has received Product Design Assessment (PDA) certification from the American Bureau of Shipping (ABS). The PDA follows an Approval in Principle (AiP) granted by ABS in November 2025 and moves the system a step closer to commercial deployment,

about 4 months ago
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