The UK government has opened the GBP 160 million Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) for expressions of interest. Announced in November 2021, the investment scheme will provide government funding to boost floating offshore wind capability around the UK at sites in Scotla
Spanish energy company Iberdrola has held a ceremony to mark the construction of the second Operations and Maintenance (O&M) building in the port of Sassnitz-Mukran for the Baltic Eagle and Windanker offshore wind farms. The O&M building is expected to be completed by the end of 2022. The two offsho
Massachusetts’s Baker-Polito Administration has announced its plans to invest USD 100 million to support offshore wind ports in Salem, New Bedford, and Somerset. Governor Charlie Baker made this announcement on 18 May in Salem at the site of what will be Massachusetts’ second offshore wind port. The
SSE Renewables and Brookfield have agreed an exclusive partnership with the VEMW Wind consortium of 13 large and small Dutch energy users as part of their joint bid for the Hollandse Kust West Site VII offshore the Netherlands. SSE Renewables and Brookfield submitted joint bids for the Hollandse Kus
Vattenfall has been awarded GBP 9.3 million in innovation funding from the Net Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 fund by the UK government for the Hydrogen Turbine 1 (HT1) project offshore Aberdeen, Scotland. The funding will be used to develop the world’s first hydrogen-produci
POSCO Energy and Copenhagen Infrastructure Partners (CIP) have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind and green hydrogen business development. Under the MoU, the two companies will work together on the development of offshore wind projects, cooperate on supply chain
Brazilian oil & gas major Petrobras announced on 18 May that it was evaluating the environmental feasibility of building an offshore wind farm in Aracatu, Brazil, together with Equinor. The partnership on the up to 4 GW project follows the Memorandum of Understanding (MoU) the two companies signed i
The management of Siemens Energy AG is considering a cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy S.A. with the intention to delist. The outcome of this consideration is open, no decision has been made, and there is no certainty that a transaction will materialize,
Cumulative global capex spend in the offshore wind sector is expected to hit USD 1 trillion by 2031, but investors will no longer only be competing on price alone, according to a new report by Wood Mackenzie. Offshore wind is poised to become one of the key technologies powering the decarbonisation
RWE has submitted applications for location permits for all the eleven areas the Polish Government has offered for offshore wind development since the application period opened for the first sites in 2021. The Germany-based company said that by applying for all the eleven areas it wanted to strength
Chinese province of Hainan has issued an offshore wind supply chain development plan which includes creating a RMB 50 billion (around EUR 7 billion) worth supply chain industry by 2025 through building an industrial park and two manufacturing sites that will support offshore wind deployment. The pla
The following article is a guest post by Jonathan Morton, Associate at the international commercial law firm Haynes and Boone. The embrace of floating offshore wind has come surprisingly fast. There is already talk of floating wind sites with more than 100 turbines being built by 2032, and the inter
Scotland’s floating wind cluster DeepWind and Wind’Occ, the regional offshore wind collaborative in the French Occitanie region, have signed a Memorandum of Understanding (MoU) to collaborate on floating offshore wind and hydrogen supply chain development in Scotland, Occitanie, and internationally.
Dutch floating wind technology developer TouchWind and Japanese shipping company Mitsui O.S.K. Lines (MOL) have joined forces on the development of TouchWind’s floating wind technology. The companies have signed a Memorandum of Understanding (MoU) under which they will collaborate on developing Touc
