Fugro will expand its regional centre of expertise for offshore wind, located in Norfolk, Virginia, as the company’s Virginia operations have grown over the past decade with the increase in the number of offshore wind projects on the US East Coast. The expansion, which was announced by Virginia Gove
Offshore Wind Consultants, an ABL Group company headquartered in London, has entered into an agreement to acquire 100 per cent of the shares of Denmark-based offshore wind consultancy, Delta Wind Partners (DWP). The acquisition, expected to close in the third quarter, is said to expand OWC’s technic
On 21 June, in the presence of the Republic of Korea’s President Yoon Suk-Yeol, Managing Partner of Copenhagen Infrastructure Partners (CIP), Jacob Baruël Poulsen, signed an Investment Notification Form with which CIP is committing to invest USD 350 million (approximately EUR 320.5 million) into off
Ingka Investments has completed its acquisition of a 49 per cent stake in OX2’s Finnish offshore wind projects that have a potential capacity of about 6 GW. On 12 May, the Swedish developer OX2 revealed that an agreement had been inked with Ingka Investments for the sale of 49 per cent of three offs
Iberdrola Deutschland and SHS – Stahl Holding Saar, an operational management holding company that performs tasks for the two major steel companies in the German state of Saarland, Dillinger and Saarstahl, have signed a 15-year power purchase agreement (PPA) for the Baltic Eagle offshore wind farm.
SSE Renewables is calling on European governments and regulators and internationally to make greater use of non-price criteria (NPC) in offshore wind energy auctions, whether for seabed or for contracts for difference (CfD). The renewable energy company said that the use of non-price criteria in auc
Germany’s Federal Network Agency has received several zero-subsidy bids across all four offshore wind areas currently under auction. The scenario of receiving multiple zero-cent bids for all of the sites now calls for the introduction of the so-called ”dynamic bidding process”, the agency said. The
Opergy Group and China-headquartered Mingyang Smart Energy Group have formed a strategic partnership to support the entry of Mingyang into the UK offshore wind market. The partnership aims to accelerate the development of UK offshore wind projects, with Mingyang already one of China’s largest manufa
Siemens Gamesa minority shareholders have approved a capital reduction for the remaining 2.21 per cent of shares not held by Siemens Energy in the Extraordinary General Meeting of Shareholders, paving the way for a full integration of both companies. The capital reduction was approved by 98.21 per c
The OEG Offshore group, a UK-based offshore energy services company, is set to launch a new division named OEG Renewables (OEGR) with the goal of providing integrated solutions to the offshore wind sector worldwide. The new division will combine specialist services from companies which OEG Offshore
Ørsted and Vestas have entered into a partnership that will see Ørsted using low-carbon steel towers and blades made from materials obtained through the newly developed recycling process in all of its future offshore wind farms which will feature Vestas wind turbines. When ready for commercial manuf
The Tasmanian Government has signed a Memorandum of Understanding (MoU) with the owners of the Bass Offshore Wind Energy Project (BOWE) to work together to supply northern Tasmania with green offshore wind energy. In December 2022, Equinor and Australian renewables developer Nexsphere joined forces
SouthCoast Wind, the developer of an offshore wind lease area off the coast of Massachusetts, has started discussions with this US state’s representatives and utilities to terminate its existing Power Purchase Agreements (PPAs) citing ”material and unforeseen supply chain and financing cost increase
On 2 June, BlueFloat Energy announced that the company had secured contracts for four (floating) offshore wind project sites in the Philippines and thus entry into the country’s offshore wind market. These are Wind Energy Service Contracts (WESCs), or Offshore Wind (OSW) Service Contracts (SCs), tha
