The relentless drive to reduce the levelized cost of electricity generated by wind is hindering the sector’s supply chain just when it needs to be accelerating deployment, according to renewable energy engineering and project management consultancy, K2 Management. The European wind industry needs to
CMIC Ocean En-Tech Holdings Co. Ltd. (CMIC) and Dutch offshore lifting equipment provider KenzFigee have signed a strategic cooperation agreement targeting the offshore wind market in China with the offering of gangways and installation cranes. The products such as gangways and installation cranes p
Corio Generation has signed a joint development agreement with Fecon, a Vietnamese construction and infrastructure group, for a proposed 500 MW offshore wind farm in Ba Ria, Vung Tau province, Vietnam. The proposed 500 MW Vung Tau offshore wind farm, located 23-35 kilometres from the coast, could be
German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.
Irish floating offshore wind developer Simply Blue Group has revealed a new offshore wind project, Olympic Offshore Wind, off the coast of Northern Ireland. The Olympic Offshore Wind, which is the company’s second offshore wind project in Northern Ireland, is a sister project to Nomadic Offshore Win
Belgian offshore wind developer Parkwind has partnered with Greece’s Intrakat to jointly develop offshore wind opportunities in Greek waters. The two companies are said to bring forward complementary competences in offshore development and local infrastructure experience. With headquarters in Greece
Vattenfall is buying the majority share in two offshore wind projects with a combined capacity of 2.8 GW located off the coast of Gothenburg, Sweden, from the wind power company Zephyr. Once fully developed, the projects are expected to generate 10.5 TWh of fossil-free electricity annually, the Swed
German energy company RWE and Commerzbank plan to create a ‘Green Mittelstand Fund’ to give medium-sized industrial companies in Germany access to green electricity generated by offshore wind farms. The two companies have signed a Memorandum of Understanding (MoU) to this effect. The new fund will o
Huisman and Denmark-based BMS Heavy Cranes have started the production of a 3,000 metric ton Ringer Crane during a ceremony at Huisman’s production facility in the Czech Republic. The production of the crane ceremonially commenced with the welding of the first parts of S690 steel using Huisman’s rob
UK offshore wind pioneer Venterra Group is acquiring two compatriot companies as part of its goal to build a service offering across the wind farm lifecycle, including engineer, build and support services. Venterra revealed it is buying Balltec, a provider of high-integrity connectors for subsea and
Rovco has commenced year three of its survey campaign on the operational Beatrice offshore wind farm located in the Outer Moray Firth in Scotland. Rovco’s UK-based team will deliver survey work on all inter-array cable and subsea jacket locations across the 588 MW wind farm, with activities commenci
American multinational automotive manufacturing corporation General Motors (GM) has led a Series A investment round of up to USD 10 million into Wind Catching Systems, the Norwegian developer of multi-turbine floating offshore wind systems, to help fund the development and commercialization of the t
Bourbon has entered into a strategic partnership with IWS Fleet, a wholly-owned subsidiary of Integrated Wind Solutions AS (IWS), that will allow the company to offer commissioning and maintenance services to the French offshore wind market by using IWS’s Skywalker class vessels. This agreement will
Siemens Gamesa Renewable Energy, the supplier of wind turbines for the 1.4 GW Sofia offshore wind farm in the UK, and Cadeler, the company who will install them, will hold a supply chain event on 7 July to showcase contracting opportunities for the project. At the event, the companies will provide a
