Abu Dhabi-based Masdar has achieved close on the financing of its 49 per cent shareholding in the 476 MW Baltic Eagle offshore wind farm in Germany. According to Masdar, the total lending package amounted to EUR 488 million, with participation from ABN AMRO, Credit Agricole CIB, ING, Santander, and
The US Bureau of Ocean Energy Management (BOEM) has designated a final Wind Energy Area (WEA) in the Gulf of Maine, which has the potential to support 32 GW of offshore wind capacity, exceeding the current state goals for Massachusetts (10 GW) and Maine (3 GW). The WEA totals about two million acres
Ireland-headquartered Simply Blue Group has joined the North Sea Farm 1 (NSF1) project consortium to develop the world’s first commercial-scale seaweed farm located within an offshore wind farm. Located off the coast of the Netherlands in the North Sea, the 10-hectare farm is planned to become opera
The US engineering and naval architecture company, Friede & Goldman, has received the Approval in Principle (AiP) by DNV GL Noble Denton Marine Warranty Survey (MWS) for its offshore wind BargeRack solution. BargeRack is a solution designed to enhance the efficiency and safety of feedering offshore
Renantis and BlueFloat Energy have submitted the Environmental Impact Assessment (EIA) report for the Kailia Energia floating offshore wind project in Italy. After over a year of studies and research, the EIA report was submitted to the Ministry of Environment and Energy Security (MASE) and the Mini
Vattenfall has decided to cancel the Hydrogen Turbine 1 (HT1) project offshore Aberdeen, Scotland, almost two years after the firm began developing it. However, the project helped enable the creation of a regulatory and consenting regime for offshore hydrogen transportation and storage in the UK, ac
France-headquartered Technip Energies and Dutch-based SBM Offshore have signed a Memorandum of Understanding (MoU) for the creation of a floating offshore wind joint venture, EkWiL. EkWiL will be a floating wind offshore wind pure play, capable of proposing a wide range of solutions to clients, the
Ørsted will be offered the first production of lower-emission steel from German-based Dillinger, subject to availability and commercial terms and conditions. The steel plates are intended to be used for offshore wind monopile foundations in future projects. Under a large-scale supply agreement enter
The first geotechnical seabed surveys for TotalEnergies and SSE Renewables’ 500 MW Seagreen 1A offshore wind farm in Scotland have been completed. Phase two of the geotechnical works is expected to commence later this year and should take around two weeks to complete. Seagreen 1A lies adjacent to th
Corio Generation has signed a memorandum of understanding (MOU) with Power Generation Joint Stock Corporation 3 (EVNGENCO3), a subsidiary of Vietnam Electricity (EVN), to collaborate in preparing long-term strategies for offshore wind project development. The MOU between Corio, a portfolio company o
Ramboll has concluded several engineering and advisory studies for Fred. Olsen Seawind and Vattenfall, shareholders of the Muir Mhòr (initially named Mara Mhòr) floating offshore wind project, located off the east coast of Scotland. Ramboll has been involved in the floating offshore wind farm since
Odfjell Oceanwind, Source Galileo, and Kansai Electric Power Company have received NOK 2 billion (approximately EUR 175 million) in state funding from Norwegian government agency Enova for its GoliatVIND floating offshore wind project. Located approximately 95 kilometres from Hammerfest at a depth o
Finland’s Suomen Hyötytuuli will conduct a full demerger, transferring its wind farms to a new firm of the same name, while Tahkoluoto Offshore Oy will take ownership of the Tahkoluoto demonstration and extension project as part of efforts to strengthen offshore wind production. To prepare for a sig
Denmark’s Copenhagen Infrastructure Partners (CIP) through its Growth Market Funds, has signed a Memorandum of Understanding (MoU) with Vietnam’s oil, gas, and renewable energy group, PetroVietnam to launch a collaboration on renewable energy and offshore wind. Under the MoU, the two companies will
