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 ong
Ørsted has completed the divestment of 50 per cent of its 253 MW Gode Wind 3 offshore wind farm in Germany to funds managed by Glennmont Partners from Nuveen. The two companies signed an agreement for the 253 MW offshore wind project in October this year. The Gode Wind 3 offshore wind farm was award
Natural Resources Wales has awarded marine licences for RWE’s Awel y Môr offshore wind project off the North Wales Coast. The offshore wind farm, which could power more than half of Wales’ homes, has secured all of its necessary planning approvals with the award of its marine licences from Natural R
Denmark’s Copenhagen Infrastructure Partners (CIP) has launched a new fund, which has a target size of USD 3 billion, intending to enable more than 10 GW of renewable energy capacity. Announced during COP28, the Growth Markets Fund II (GMF II) will be focused on developing and building offshore and
US-based Great Lakes Dredge & Dock Corporation (Great Lakes) has been awarded a rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast of the US. Great Lakes will use the first Jones Act-compliant subsea rock installation vessel, the Acadia,
The Arcadis Ost 1 offshore wind farm is now supplying its full capacity to the German electricity transmission grid, according to the transmission system operator (TSO) 50Hertz. 50Hertz built the submarine and onshore cable connection to the Lubmin substation and worked with the wind farm operator P
Vattenfall and BASF are in exclusive discussions to partner on the Nordlicht 1 and 2 offshore wind farms in Germany through a sale of 49 per cent of the project shares to BASF. To formally express their joint ambition, the two companies have signed a Memorandum of Understanding (MoU). The signing of
Iberdrola and Masdar have signed a strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in Germany, the UK, and the US, which also includes an investment in Iberdrola’s 1.4 GW East Anglia 3 offshore wind project in the UK. After the parties’
Wood Thilsted has signed a five-year framework agreement with Equinor for turbine foundations engineering. The framework agreement covers engineering studies (feasibility, concept, pre-FEED, and FEED), general engineering support, and specialist studies. It also includes detailed engineering and man
DNV has secured partners to launch a new project to enhance technology development and prepare for scale/industralisation of concrete substructures for floating offshore wind. With the launch of a new joint industry project (JIP), called Concrete FLOW, DNV aims to optimise requirements for concrete
Dogger Bank D, the potential fourth phase of the world’s largest offshore wind farm under construction, Dogger Bank Wind Farm, has awarded contracts to engineering consultants to support the feasibility and optimization of a large-scale green hydrogen development option on the project. SSE Renewable
RWE has signed an agreement with UAE’s Masdar as a partner for its 3 GW Dogger Bank South (DBS) offshore wind projects in the UK. The partners acknowledged the signing of the new partnership during a ceremony at COP28 in Dubai. Masdar will acquire a 49 per cent stake in the landmark renewables proje
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 su
Danish wind turbine maker Vestas has received a type certificate for its V236-15.0 MW offshore wind turbine. The prototype was installed at the Østerild National test centre for large wind turbines in Western Jutland, Denmark in December 2022. Three months later, the wind turbine reached its nominal
