Sweden-headquartered OX2 has secured regulatory clearance to sell a 49 per cent stake in an up to 9 GW portfolio of offshore wind projects to the investment arm of Ingka Group, the largest retailer in the IKEA franchisee system. The deal is expected to be completed within two weeks. Under the agreem
Cyprus-headquartered alternative investment fund manager Pelagic Partners has made entry into the offshore wind market with a 2+2+2 newbuild order for Commissioning Service Operation Vessels (CSOVs) at Cochin Shipyard in India. The order has a value of over EUR 350 million and the vessels are expect
CSBC-DEME Wind Engineering (CDWE) has signed a contract that covers the transportation and installation of the foundations, turbines, and offshore substations for the Hai Long offshore wind farms in Taiwan. This milestone between CDWE and Hai Long Offshore Wind follows nearly three years of planning
Belgium, Colombia, Germany, Ireland, Japan, the Netherlands, Norway, the UK, and the US have joined the Global Offshore Wind Alliance (GOWA) during COP27 in Sharm el-Sheikh in Egypt. The alliance, which is bringing together governments, the private sector, international organisations and other stake
The developer of the Gwynt Glas floating offshore wind farm has signed a memorandum of understanding (MoU) with Associated British Ports (ABP), which operates Port Talbot, and Port of Milford Haven in South Wales. Under the MoU, information and industry knowledge will be shared between the developer
Moray West Offshore Wind Farm has signed contracts with Seaway 7 and JDR for the supply and installation of the inter-array cables (IACs) for the 882 MW offshore wind project in Scotland. The IACs will connect 60 Siemens Gamesa SG 14-222 DD wind turbines back to the offshore substation before export
The Shell-Ocean Winds joint venture has withdrawn its motion to suspend the proceedings to approve the long-term power purchase agreements (PPAs) for its 405 MW Mayflower Wind project, filed with the Massachusetts Department of Public Utilities (DPU) after Avangrid requested a one-month suspension o
RPS has announced that it will be working together with Copenhagen Infrastructure Partners (CIP) and the New Zealand Superannuation Fund (NZ Super Fund) on the first phase of a potential offshore wind farm development off the coast of New Zealand. CIP and NZ Super Fund joined forces at the beginning
Horizon Ocean Management (HOM), a subsidiary joint venture between Mitsui and Japan’s wind turbine maintenance company Hokutaku, has signed a collaboration agreement with the UK-based Briggs Marine to establish an offshore wind operations and maintenance (O&M) consultancy and service provision offer
PetroGreen Energy Corp. (PGEC) has partnered with Copenhagen Energy to form three separate special purpose vehicles (SPV) that will oversee the investment and development of offshore wind service contracts awarded by the Philippines’ Department of Energy in 2021. Earlier this month, PGEC and Copenha
Hanwha Engineering & Construction (Hanwha E&C) has signed a memorandum of understanding (MoU) with Norway-headquartered Equinor to jointly develop offshore wind farms in South Korea. The two companies have agreed to work together to jointly develop offshore wind farms that Hanwha E&C is contracted t
Hitachi Energy and Equinor have signed a strategic agreement to collaborate within electrification, renewable power generation, and low-carbon initiatives worldwide. Initial areas of focus for the collaboration include developing standardized base designs to be applied for high-voltage direct curren
POSCO has received approval from DNV for its Gwangyang Works plant, which produces eco-friendly ‘Greenable’ steel plates and has certified the company’s standard plate product EN-S355 as steel for renewable energy. The certification process in March, after POSCO and DNV signed a Memorandum of Unders
Rosetti Marino has been contracted by Agnes to prepare the conceptual design for the wind turbines of the AGNES Romagna project offshore Italy. Under the contract, Rosetti Marino will analyse alternative foundation options for AGNES Romagna and provide input in terms of technical solutions to the fo
