The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies, called the OPEN-C Foundation, has been set up in France by major industry players. The creation of OPEN-C Foundation has been announced by 10 public and private founders including Ifre
Belgium’s Virya Energy has signed an agreement with JERA Green, an affiliate of Japan’s JERA, to sell 100 per cent of the shares of Parkwind, Virya Energy’s offshore wind energy platform. Closing of the transaction is expected later this year and is subject to the approval by the relevant competitio
Simply Blue Group, Subsea 7, and Australian developer Spark Renewables have formed a consortium to pursue floating offshore wind development off the coast of New South Wales (NSW), Australia, in the Hunter and Illawarra regions. The recently declared Hunter-Central Coast and Illawarra Renewable Ener
Norway-headquartered BW Ideol and French state-owned investment company ADEME Investissement have agreed to enter into exclusive negotiations for EUR 40 million in funding by ADEME Investissement for BW Ideol’s project development activities. Under the agreed terms, BW Ideol will transfer its co-dev
Dutch supplier of maritime technology, Royal IHC, has reached an agreement to sell its subsidiary, IQIP Holding, to HAL Investments. IQIP is active in the foundations and installations segments in the offshore wind market. The sale involves the transfer of 100 per cent of the shares of IQIP Holding
EnBW has signed a power purchase agreement (PPA) for 50 MW of power from the 900 MW He Dreiht offshore wind farm with the Stuttgart-based technology and services company, Robert Bosch GmbH (Bosch). The output is equivalent to around 200 gigawatt-hours of electricity per year. The power purchase agre
Norwegian renewable energy developers Vårgrønn and Å Energi, together with UK-based Corio Generation have entered into a partnership dedicated to developing sustainable offshore wind in Norway. The consortium will operate under the Brigg Vind brand, which was launched in the lead-up to the first Nor
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
