RWE and Latvenergo, one of the largest power suppliers in the Baltic States, have joined forces to develop, construct, and operate offshore wind projects off the Latvian coast. A corresponding Memorandum of Understanding (MoU) has now been signed between the two companies. The equal partnership is s
Octopus Renewables Infrastructure Trust (ORIT) has acquired a further 7.75 per cent ownership interest in the Lincs offshore wind farm in the UK from a fund managed by Macquarie Asset Management. The new buy-in follows ORIT’s investment from May of this year, when the investment company bought an in
The developers of the 1 GW South Taranaki offshore wind project in New Zealand, NZ Super Fund and Copenhagen Infrastructure Partners (CIP), have initiated a study into the future industry requirements needed to support development and operation of a large-scale offshore wind farm. The Industry Capab
Spanish energy company Iberdrola has signed an agreement with Energy Infrastructure Partners (EIP) for the sale of a 49 per cent stake in the 350 MW Wikinger offshore wind farm in the German Baltic Sea. The transaction is valued at around EUR 700 million, and Iberdrola will maintain a majority stake
The National Union of Rail, Maritime and Transport (RMT) Workers has called on all RMT Ørsted members to take strike action this month over rates of pay and conditions of service. The members who will go on strike are working in Ørsted’s offshore wind operations team. The trade union has instructed
France’s Bouygues Travaux Publics is expanding its range of infrastructure solutions for offshore wind farms with the exclusive acquisition of the OO-STAR floating foundation technology, owned by Floating Wind Solutions. Bouygues Travaux Publics, which already owns the gravity-based foundation techn
Global wind turbine order intake reached 43 GW in the second quarter of this year, 36 per cent higher than in the same period in 2021. The main driver of this new record is the strong activity in China, both in onshore and offshore wind, according to the latest report from Wood Mackenzie. The 43 [&h
Seaway 7, part of the Subsea7 Group, plans to raise USD 650 million through the issuance of new equity and debt, primarily to finance its two newbuild vessels, Seaway Alfa Lift and Seaway Ventus. Both vessels are anticipated to be delivered during 2023 and to enter operations in the first half of 20
Baltic Power, a joint venture between Polish Orlen Group and Canadian Northland Power, has signed reservation agreements for the manufacture and installation of foundations and offshore substations (OSS) for their 1.2 GW offshore wind farm. Monopile foundations will be manufactured and delivered by
MacGregor has been chosen to supply two auxiliary telescopic cranes for a new generation wind turbine installation vessel (WTIV) that is being built at Yantai CIMC Raffles Shipyard in China for Dutch contracting company Van Oord. MacGregor’s scope of supply consists of two auxiliary offshore telesco
NextEra Energy Transmission MidAtlantic (NEETMA), a subsidiary of NextEra Energy Transmission, and WindGrid, a subsidiary of Elia Group, have signed a Memorandum of Understanding (MoU) on cooperation on a New Jersey offshore wind transmission project. Under the MoU, the companies will work together
A US federal judge in Boston has barred General Electric (GE) from ‘‘making, using, offering for sale, selling, importing (into), or installing in the United States” the Haliade-X offshore wind turbine after the jury found in June that the wind turbine infringed upon a patent held by Siemens Gamesa
Governor Dan Mckee has opened a 30-day public comment period about Rhode Island Energy’s draft request for proposals (RFP) for creating more offshore wind energy in the state. Rhode Island Energy, the state’s primary utility, is administering the RFP and will issue the procurement to the market no l
Vena Energy, a portfolio company of Global Infrastructure Partners (GIP), has announced that it will launch two offshore wind projects with a total capacity of 1.8 GW to participate in auctions under Taiwan’s Phase 3 offshore wind zonal development. The first offshore wind project, called Wei-Na, wi
