The 3.6 GW Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will boost the UK economy by GBP 6.1 billion (approximately EUR 6.9 billion) during its lifetime and support thousands of UK jobs over the next decade, according to a report written by
Denmark’s Copenhagen Infrastructure Partners (CIP) will commit USD 3 billion (approximately EUR 2.6 billion) to build its first offshore wind farm in the Philippines. In a press briefing, Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro said that the company i
The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying vessel (CLV) ordered by Greece’s Asso.subsea for the offshore wind market. The steel-cutting ceremony for Althea was held today, 5 November, at the CMHI shipyard on Mazhou Island, Shenzhen, China. “The firs
TechWorks Marine has started a year-long metocean survey in Maritime Area A – Tonn Nua on Ireland’s South Coast Designated Maritime Area Plan (SC-DMAP) to support EirGrid’s Powering Up Offshore South Coast project. The company was commissioned by Fugro, EirGrid’s appointed marine survey supplier, to
BW Ideol’s project involving a factory for serial production of concrete floating wind foundations in Fos-sur-Mer, France, has been selected for funding by the European Commission under the EU Innovation Fund, for a grant of up to EUR 74 million. The project, named Fos3F, was selected alongside ten
French Qair has acquired full ownership of the 1 GW Ayre floating wind project and exited the 1 GW Bowdun offshore wind farm in Scotland. Thistle Wind Partners (TWP), a joint venture of Qair, Belgium’s DEME Concessions, and Aspiravi International, developed the two offshore wind projects. Under a re
PGE Polska Grupa Energetyczna (PGE) has obtained environmental approval for its 900 MW Baltica 1 offshore wind project, clearing the way for its participation in Poland’s upcoming offshore wind auction on 17 December 2025. The approval was issued by the Regional Directorate for Environmental Protect
Ørsted has entered into an agreement with Apollo-managed funds (Apollo) for a 50 per cent equity ownership share in the company’s 2.9 GW Hornsea 3 offshore wind farm in the UK. The total value of the transaction is approximately DKK 39 billion (about EUR 5.2 billion), and the total project investmen
Dominion Energy said in its third-quarter 2025 results that recently imposed US tariffs have been incorporated into the updated cost estimate for the Coastal Virginia Offshore Wind (CVOW) project. The company now places total capital costs for the 2.6 GW offshore wind farm at approximately USD 11.2
The European Investment Bank (EIB) has signed a EUR 500 million green loan with Iberdrola for the 315 MW Windanker offshore wind farm in Germany. The financing is guaranteed by the Spanish export credit agency, Cesce. This transaction with Iberdrola marks the inaugural use of a guarantee developed b
Dajin Heavy Industry has shipped the third and final batch of monopiles for the 1.1 GW Inch Cape offshore wind farm in Scotland. The final batch of eight monopiles has set sail from Dajin Heavy Industry’s Dajin Penglai facility. With this shipment, all 22 monopiles for the project have now been disp
All monopiles and almost half of the transition pieces (TPs) have been installed at the Coastal Virginia Offshore Wind (CVOW) project site, with wind turbine installation expected to start this month and the project anticipated to produce first power at the beginning of next year. The offshore wind
Shell New Energies, a subsidiary of Shell, has voluntarily withdrawn from Atlantic Shores Offshore Wind, bringing an end to its participation in the US offshore wind market. The company has assigned its 50 per cent outstanding membership interests to its existing partner, EDF, with an immediate effe
