The Hai Long offshore wind project in Taiwan has secured TWD 55 billion (nearly EUR 1.5 billion) in incremental financing, with eleven banks joining its financing structure for the first time. The additional financing has been arranged within the project’s existing project finance framework and invo
Germany’s Federal Ministry for Economic Affairs and Energy (BMWE) has opened consultation on a draft amendment to the Wind Energy at Sea Act (WindSeeG), proposing changes to the country’s offshore wind tender system, including bilateral Contracts for Difference (CfDs) and a longer standard operating
Cadeler has acquired Menck, a provider of equipment and technology for offshore foundation installation, in a transaction valued at EUR 501 million. The acquisition, which was signed and completed following receipt of all required regulatory approvals, gives Cadeler access to Menck’s portfolio of eq
The offshore wind industry has entered a decisive decade. Governments worldwide are expanding renewable energy targets, developers are scaling up project pipelines, and supply chains are adapting to meet growing demand for both fixed-bottom and floating offshore wind projects. At the same time, the
ABB has secured a contract with Guangzhou Shipyard International (GSI) to supply the power and propulsion package for Allseas’ new semi-submersible heavy transport vessel Grand Tour, designed for carrying offshore converter stations. The 230-metre vessel, scheduled for delivery in 2028, will be capa
OEG has secured a contract to provide a subsea corrosion protection system for the 976.5 MW Gennaker offshore wind farm in the German Baltic Sea, developed by Skyborn Renewables. The company will supply an Impressed Current Cathodic Protection (ICCP) system for the wind turbine foundations and is re
EnBW expects to soon complete the installation of all wind turbines at the 960 MW He Dreiht offshore wind farm, according to information the company provided in its half-year results. As reported in July, a section of a damaged rotor blade from one of the wind turbines at He Dreiht offshore wind far
Installation of all 54 transition pieces for the monopile foundations at the 1.1 GW Inch Cape offshore wind farm in Scotland has been completed. Seaway7’s heavy lift crane vessel Seaway Alfa Lift transported the transition pieces from the marshalling yard at Forth Port’s Leith facility and installed
Ta San Shang Marine (TSSM), a joint venture between Mitsui O.S.K. Lines (MOL) and Ta Tong Marine, has launched its third service operation vessel (SOV), TSS Challenger, at Ha Long Shipyard in Vietnam. The vessel is based on Damen Construction Service Operation Vessel (CSOV) 9020 design and measures
China National Offshore Oil Corporation (CNOOC) has started operating its 16 MW Haiyou Anlan floating wind platform in the South China Sea, with the unit now supplying electricity to the Lufeng oilfield grid, according to Chinese media. CNOOC had previously reported that Haiyou Anlan was under devel
Shanghai Zhenhua Heavy Industries (ZPMC) has laid the keel for the second service operation vessel (SOV) it is building for French offshore wind fleet operator Louis Dreyfus Armateurs (LD Armateurs). The keel-laying ceremony took place on 30 July at ZPMC’s marine engineering facility. Designed in co
Cadeler has signed firm contracts with COSCO Shipping Offshore shipyard in Qidong, China, for the construction of two T-class offshore wind foundation installation vessels for a total of approximately EUR 805 million. The new vessels are scheduled for delivery in 2030 and 2031. Cadeler said the agre
Sumitomo Corporation has joined the Gwynt Glas floating offshore wind project in the Celtic Sea as an equal partner alongside EDF power solutions UK and Ireland and ESB, with each company now holding a 33.33 per cent stake. DP Energy will continue to support the project’s development, including earl
RWE and the US Department of the Interior (DOI) have reached a settlement agreement under which RWE will relinquish its offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for USD 1.22 billion (around EUR 1.06 billion) in settlement funds. The agreem
