California’s Employment Development Department (EDD) has awarded more than USD 648,000 for the Supply Chain and Worker Readiness Program (the Program), an integral part of Humboldt County’s offshore wind energy project. The Program is designed to facilitate workforce development efforts over the ent
Northland Power and its partner Orlen have signed a credit agreement for the 1.1 GW Baltic Power offshore wind project in Poland. The agreement secures an equivalent of CAD 5.2 billion (approximately EUR 3.6 billion) of non-recourse green financing that adheres to Northland’s green financing framewo
UK-headquartered Octopus Energy has made an investment in the 731.5 MW Borssele III and IV offshore wind farm in the Dutch North Sea. Octopus Energy Generation acquired a 10 per cent stake in the fully operational 731.5 MW offshore wind farm, located 55 kilometres from the Port of Vlissingen in the
TotalEnergies, Petrobras and Casa dos Ventos Holding, a joint venture between TotalEnergies and Casa dos Ventos, have signed a memorandum of understanding (MOU) to assess opportunities for joint development of low-carbon hydrogen and renewable energy projects in Brazil, including offshore wind. Unde
German offshore wind services provider WINDEA Offshore and marine data acquisition company Subsea Europe Services have entered a strategic sales partnership to provide autonomous surveying for the offshore wind industry. The two companies plan to deliver hydrographic survey and underwater inspection
Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that it will invest in Dutch floating wind technology developer TouchWind and will obtain a minority share in the company. TouchWind is developing a floating wind turbine with a tilting, angled one-piece rotor. A small-scale prototype
Eversource Energy has completed its sale of an uncommitted lease area off the south coast of Massachusetts to its joint venture (JV) partner Ørsted for USD 625 million. The all-cash transaction, which was announced in May, closed today following approval from the Committee on Foreign Investment in t
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
