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Business & Finance

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Former Ørsted CCO Joins Copenhagen Infrastructure Partners
Business & Finance

Former Ørsted CCO Joins Copenhagen Infrastructure Partners

Former Ørsted’s Chief Commercial Officer (CCO) and Deputy Group CEO Martin Neubert will join Copenhagen Infrastructure Partners (CIP) as Partner, Group Chief Investment Officer (CIO), and member of the CIP management board. Martin Neubert left Ørsted in October last year as the company decided to im

about 3 years ago
Giant Haliade-X 12MW Blade Comes Together
Business & Finance

Developer Says Offshore Wind Project Could Bring USD 25+ Billion in Benefits to US State

Attentive Energy One (AE1), a joint venture of TotalEnergies and Rise Light & Power, said that its proposal to build an offshore wind farm off New York would, if approved, result in USD 25.6 billion in benefits to New York State. One of the cornerstones of its plans is a flagship manufacturing agree

about 3 years ago
Navantia, General Dynamics NASSCO Eye US Offshore Wind Opportunities
Business & Finance

Navantia, General Dynamics NASSCO Eye US Offshore Wind Opportunities

Navantia Seanergies has signed a Memorandum of Understanding (MoU) with the US shipyard General Dynamics NASSCO to jointly bid for offshore wind farm projects in the United States. The agreement was signed by the Director of Navantia Seanergies, Javier Herrador, and the President of General Dynamics

about 3 years ago
Energise Renewables founders, from left to right: Jonas Jacobsen, Naomi Campbell, and Adam Thyboe
Business & Finance

Former Star of the South Executive Team Members Launch Offshore Wind Consultancy

Three former members of the Star of the South project’s executive team have launched a consultancy company focused on offshore wind and are now recruiting with an aim to grow the team to more than ten people by the end of this year. The company, named Energise Renewables, has been founded in Melbour

about 3 years ago
Equinor, Petrobras Add 5 More Offshore Wind Projects to Their Partnership in Brazil
Business & Finance

Equinor, Petrobras Add 5 More Offshore Wind Projects to Their Partnership in Brazil

Petrobras and Equinor have signed a letter of intent that expands their cooperation in the offshore wind sector in Brazil to five more projects, on top of the two offshore wind farms that the companies are already working on. With seven projects in their joint viewpoint, Petrobras and Equinor now to

about 3 years ago
Ørsted Joins Global Offshore Wind Alliance
Business & Finance

Ørsted Joins Global Offshore Wind Alliance

Ørsted has become the first energy company to join the Global Offshore Wind Alliance (GOWA) to support a faster deployment of offshore wind and create a global community of action. GOWA is a new global organisation that brings together governments, the private sector, international organisations, an

about 3 years ago
An image rendering four new Edda Wind commissioning service vessels at an offshore wind farm
Business & Finance

Edda Wind Orders Four New CSOVs for EUR 250 Million

Norwegian owner and operator of vessels serving the offshore wind industry, Edda Wind, has placed a EUR 250 million order with Vard for four new commissioning service operation vessels (CSOVs), with options for ordering up to four additional CSOVs. The first two vessels will be built at Vard’s Roman

about 3 years ago
NKT and Prysmian to Connect New Dutch Offshore Wind Farms to Land
Business & Finance

NKT and Prysmian to Connect New Dutch Offshore Wind Farms to Land

TenneT has selected NKT and Prysmian to install five 525 kV XLPE HVDC cable connections for grid projects which will link new Dutch offshore wind farms to the national grid. TenneT’s next-generation, 2 GW grid connections in the Netherlands are scheduled to be completed between 2028 and 2030. NKT wi

about 3 years ago
An image showing Gulf of Mexico wind lease areas offshore Texas and Louisiana on a map
Business & Finance

Shell, TotalEnergies Eye New Projects in Gulf of Mexico and It’s Not Oil & Gas

With the first-ever offshore wind lease sale in the US part of the Gulf of Mexico on the horizon, several companies have prequalified for the auction. Not surprisingly, Shell and TotalEnergies, who have already secured offshore wind leases on the US East Coast and operate oil and gas assets in the G

about 3 years ago
A photo of the Moray East offshore wind farm in Scotland
Business & Finance

Inpex Back at Mitsubishi for Another Offshore Wind Stake Acquisition

Japan’s Inpex Corporation has acquired a 16.7 per cent stake in the 950 MW Moray East offshore wind farm. Moray East is located approximately 22 kilometers off the Moray East coast of Scotland in the United Kingdom. The wind farm has been in operation since April 2022. The acquisition was enabled th

about 3 years ago
Belgians to Start Building World’s First Artificial Energy Island Next Year (VIDEO)
Business & Finance

Belgians to Start Building World’s First Artificial Energy Island Next Year (VIDEO)

Belgian offshore construction companies Jan De Nul and DEME, through their consortium TM EDISON, have won the tender for the construction of the Princess Elisabeth Island in their home country, which will be the first artificial energy island in the world. The artificial island, which will be built

about 3 years ago
RWE & Northland Power Opt for Vestas 15 MW Turbines for 1.6 GW Offshore Wind Development in Germany
Business & Finance

RWE & Northland Power Opt for Vestas 15 MW Turbines for 1.6 GW Offshore Wind Development in Germany

RWE and Northland Power have selected Vestas as the preferred supplier and the company’s 15 MW turbine model as the technology of choice for their Nordseecluster offshore wind projects in Germany. Nordseecluster is planned to have a total capacity of up to 1.6 GW across four offshore wind farm sites

about 3 years ago
Maine Issues Offshore Wind Roadmap
Business & Finance

Maine Issues Offshore Wind Roadmap

The Governor of Maine’s Energy Office has released the Maine Offshore Wind Roadmap, a stakeholder-driven comprehensive plan that is said to offer detailed strategies for Maine to realize economic, energy, and climate benefits from offshore wind, in conjunction with communities, fisheries, and wildli

about 3 years ago
Northland Power Moves Forward with South Korean Offshore Wind Projects
Business & Finance

Northland Power Moves Forward with South Korean Offshore Wind Projects

Canada-headquartered Northland Power has secured two Electricity Business Licenses (EBLs) for its 1,000 MW Dado and 600 MW Bobae offshore wind projects in South Korea. The Dado offshore wind project was awarded EBL for 900 MW of the 1,000 MW capacity, providing exclusivity on the leases for the proj

about 3 years ago
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