The UK government has awarded 3.7 GW of renewable energy projects with Contracts for Difference (CfDs) in its fifth allocation round. Among the 95 new projects that secured CfDs are onshore wind, solar and tidal energy developments – and not a single megawatt of offshore wind. According to the gover
Offshore wind developer, Deep Wind Offshore, has secured Octopus Energy as a new investor to accelerate international expansion and strengthen Norwegian projects, according to the company. Octopus Energy will join the ownership side of the company, Deep Wind Offshore said, together with the existing
DORIS has been awarded a framework agreement by BP for the provision of engineering services to the company’s offshore wind projects. Across the five-year agreement, DORIS will provide engineering for scopes such as concept development, pre-FEED, FEED, and detailed design. The support provided by DO
This summer, the developers of the Sunrise Wind (Ørsted and Eversource) and Empire Wind 1 & 2 and Beacon Wind projects (Equinor and BP) filed petitions with the New York State Public Service Commission (PSC), seeking price adjustments to their contracts with the New York State Energy Research and De
The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States. The agencies will launch the upcoming f
Fred. Olsen Windcarrier (FOWIC), in cooperation with Shimizu, has been awarded a contract for the transportation and installation of monopile foundations for the 640 MW Yunlin offshore wind farm, with the work under the contract set to start in February 2024. For the foundation installation, the two
Hellenic Cables has signed a contract with DEME Offshore for the supply of inter-array cables for the Dieppe Le Tréport offshore wind farm in France, being developed by the Eoliennes en mer Dieppe Le Tréport (EMDT) consortium off the French coast in the English Channel. Under the contract, the Greec
Seven companies have submitted applications for the development of offshore wind projects in two areas in the Estonian sector of the Baltic Sea, for which the application deadline closed on 28 August. The auction for the two areas, named Liivi 1 and Liivi 2, is expected to take place in November or
RWE and Valorem have signed a partnership agreement to jointly respond to the call for tenders for the offshore wind project off the island of Oléron (AO7), France. As part of this call for tenders, a landed offshore wind farm with an installed capacity of about 1,000 MW will be deployed about forty
Skyborn Renewables and its partners in the Yunneng Wind Power consortium that owns the Yunlin offshore wind project in Taiwan have signed an extended financing agreement to complete the construction of the 640 MW offshore wind farm. The project is now on track for completion according to an amended
Ørsted has signed a NTD 25 billion (EUR 721 million) sustainability-linked revolving loan facility agreement for the developer’s offshore wind farms in Taiwan with a consortium of financial institutions, including nine state-owned banks. Ørsted and the financial institutions have aligned to include
DNV has signed a contract with Intercontinental Wind Energy (IWE) to support the Taiwanese company’s diversification into offshore wind turbine jacket fabrication. According to a press release from DNV, the company’s work scope will assist IWE towards Tier-1 supplier status for offshore wind in Taiw
The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. The Ocean Wind 1
Sarens PSG and Aventus Energy have entered into an agreement under which the two companies will provide integrated port marshalling services to the offshore wind sector through a joint venture. The two companies are already working together on the Moray West offshore wind project, for which Sarens P
