A new multi-stakeholder alliance has been launched with the goal to boost installed global offshore wind capacity by 670 per cent, from 57 GW in 2021 to 380 GW in 2030. The International Renewable Energy Agency (IRENA), the Global Wind Energy Council (GWEC), and the Government of Denmark have partne
The Ireland-based floating wind developer Simply Blue Group and Spanish companies Proes Consultores and FF New Energy Ventures have formed a joint venture named IberBlue Wind with plans to develop 2 GW of floating offshore wind capacity in Spain and Portugal. According to the new project development
Switzerland-headquartered Partners Group has agreed to sell a 20 per cent stake in the 731.5 MW Borssele III & IV offshore wind farm to Swiss Life Asset Managers on behalf of its investors. Borssele is a fully operational offshore wind farm located 55 kilometres from the Port of Vlissingen in the Ne
The US Bureau of Ocean Energy Management (BOEM) has decided to improve its processes for identifying future offshore wind sites that will be applied to ongoing planning efforts in the Gulf of Mexico, Central Atlantic and Gulf of Maine, and off the Oregon coast. In response to feedback from BOEM’s go
Seraya Partners, an investment management company based in Singapore, has launched a pure-play offshore wind farm vessel company named Cyan Renewables. The founding company says Cyan aims at accelerating the growth of the offshore wind sector through a dedicated fleet of wind farm support vessels fo
Global Infrastructure Partners (GIP) has launched Skyborn Renewables, previously known as wpd offshore, after completing the acquisition of the 100 per cent share in the company. The transaction was completed on 15 September, Skyborn said. In May, GIP signed a definitive agreement with wpd AG to acq
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
