France-based green hydrogen specialist Lhyfe has acquired a 49 per cent stake in Flexens, a Finnish renewable hydrogen and Power-to-X project developer. According to Lhyfe, the two companies will combine their expertise and commercial pipelines to accelerate current projects and identify new opportu
Danish wind turbine manufacturer Vestas has acquired ST3 Offshore in the sixth tendering round since the Polish offshore steel foundations manufacturer declared bankruptcy. ”On March 20, in the court Sąd Rejonowy Szczecin-Centrum XII Wydział Gospodarczy w Szczecinie an auction for the purchase of ST
Denmark’s A.P. Møller Holding (A.P. Moller Holding) has entered into an agreement to acquire Maersk Supply Service from A.P Møller – Mærsk. The ambition is to establish a leading offshore marine company servicing the offshore wind industry by building on the solid and extensive capabilities and asse
South Korean SK oceanplant, the offshore wind power business arm of SK ecoplant, and Corio Generation, a portfolio company of Green Investment Group (GIG), have signed a memorandum of understanding (MoU) to work together on offshore wind projects in six regions around the world. Under the MoU, the t
The Lithuanian Government has approved the requirements for developers for the country’s first-ever offshore wind auction, expected to be announced by the National Energy Regulatory Council (VERT) on 30 March. According to the government’s decision, prospective bidders will have to have an average r
The UK government has confirmed the budget of GBP 205 million (around EUR 233 million) for this year’s Contracts for Difference (CfD) scheme. Most of this budget in CfD Round 5, set to open for applications on 30 March, will be available for established technologies which, for the first time, includ
The Board of Supervisors of Humboldt County, California, has approved several motions related to the upcoming development of floating wind farms off the county’s coast, including executing a grant agreement with the State to support developing a local skilled workforce and supply chain. This is an e
Victorian Energy and Resources Minister Lily D’Ambrosio has released the Victorian Offshore Wind Energy Implementation Statement 2 which sets out how this Australian State will leverage industry-led investment in offshore wind for the first tranche of projects that will deliver at least 2 GW by 2032
Floventis Energy has awarded Kent an Owner’s Engineer contract for its Llŷr 1 and 2 offshore wind farms in the Celtic Sea. On this project and in partnership with Vekta Group, Kent will provide multidisciplinary Owner’s Engineer support, covering CDM, hull and mooring, electrical, WTG, site layout,
Spanish wind turbine tower manufacturer Haizea Wind Group and ScottishPower, Iberdrola’s energy company in the UK, have signed an agreement worth more than EUR 200 million for the supply of 50 monopiles for the 1.4 GW East Anglia Three offshore wind farm. The monopiles will be delivered from Haizea’
The organisations, Norwegian Offshore Wind and Japan Wind Power Association (JWPA), have signed a memorandum of understanding (MoU) in Tokyo which aims to get the business going between the countries’ offshore wind companies. Both the Norwegian supply chain and developers are interested in the emerg
Ocean Winds (OW), a joint venture between EDP Renewables and Engie, has signed a memorandum of understanding (MoU) with the Port of Setúbal in Portugal to work together on preliminary steps in getting the port infrastructure ready for the upcoming offshore wind development in the country. José Pinhe
Japan’s Daiwa Energy & Infrastructure, a strategic investment arm of Daiwa Securities Group, has acquired a minority stake in the 1.2 GW Hornsea One offshore wind farm in the UK. Daiwa Energy & Infrastructure announced the transaction on 10 March, saying that it is constructed on the company’s partn
Vestas has signed a five-year agreement with Blue Water for handling wind turbine components at Blue Water’s terminals in Denmark and Germany. The agreement covers terminal handling of the heavy wind turbine components, stevedoring, storage and service for five years on all Vestas’ components which
