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
Maersk Supply Service will shift its focus to fewer business areas and regions in an effort to increase its presence in core markets, increase synergies in its operations, and improve profitability. Going forward, the company’s two core business areas will be offshore wind and offshore support vesse
The following article is a guest post by Fred van Beers, CEO Sif Netherlands B.V., & Anne Vedel, SVP Product Solutions & Integration, Vestas. The looming climate crisis and an acute need for independence from Russian oil and gas have massively accelerated European appetite for offshore wind. Governm
Deutsche Bahn’s subsidiary, DB Energie, has signed a long-term power purchase agreement (PPA) with EnBW for electricity generated at the He Dreiht offshore wind farm in the German North Sea. Based on this PPA, Deutsche Bahn has secured the delivery of around 20 MW of green electricity over a period
Siravind, a consortium established by RES and Zephyr with an aim to build a floating wind farm in Norway, has already partnered with several companies for the project, including Smulders and Eiffage Métal for the serial production of floating wind foundations. In June, RES announced the consortium’s
Italy-headquartered Prysmian Group has been selected by the transmission system operator (TSO) Amprion as the preferred bidder for the BalWin1 and BalWin2 offshore grid connection systems and the underground cable project DC34 in Germany. The final contracts are planned to be signed by 15 January 20
An Ørsted-Phillips 66 partnership and ERM have withdrawn their Gigastack and Dolphyn projects, respectively, from the UK’s first electrolytic allocation round (HAR1). While ERM has made the move as it aims at securing alternative funding for a phased multi-unit larger development, Ørsted and Phillip
Norwegian company WindWorks Jelsa, established in 2020, and Swiss construction company Implenia have signed an investment and a shareholders’ agreement to develop a production and assembly facility for large concrete or steel structures for the floating wind industry on Norway’s west coast. The aim
