Cbus Super, Australia’s building and construction industry superannuation fund, has acquired a 10 per cent interest in Star of the South, the country’s most advanced offshore wind project, after investing into Copenhagen Infrastructure IV (CI IV), the majority owner of the project and the flagship f
Belgium-headquartered Sarens and UK-based PSG Marine & Logistics Ltd have formed a joint venture (JV) to support both the bottom-fixed and floating offshore wind projects with heavy lifting, transportation, and logistics services from the Port of Cromarty Firth. “We are extremely pleased to form thi
Ørsted, Ocean Winds, and Vattenfall have decided to join the Sustainable Installation of XXL Monopiles (SIMOX) project that focuses on developing several innovative technologies that could be suitable for the installation of XXL monopiles, as an alternative to conventional impact hammering. Launched
Spain’s Acciona Energía has acquired 24 per cent of the capital of Eolink, a French company specializing in the development of floating offshore wind foundations, becoming the main shareholder in the process. The operation, subject to certain conditions, follows a financing round launched by the Fre
Floating wind alone could create over 52,000 jobs in Norway by 2050, which is around 25 per cent of the total employment in the oil industry in 2019, according to a report from Menon Economics. The report also finds that Norwegian players could take between 5 and 14 per cent of the global floating w
Italy-headquartered offshore engineering and construction services provider, Saipem, and Norwegian offshore wind contractor Havfram will evaluate a potential collaboration in the offshore wind sector. The companies will assess the potential collaboration under a non-binding agreement signed between
Ørsted, Equinor, Shell, RWE, and CIP are among the qualified lease sale participants. The final list of eligible bidders will be published in the Final Sale Notice (FSN). There are 23 developers who have already qualified to participate in the lease sale for wind areas offshore California, expected
Germany is looking to introduce the so-called “negative bidding” for some of its new offshore wind auctions, according to WindEurope, which warned about the effects this approach could have on consumers and the supply chain. Inspired by Denmark, whose Thor offshore wind auction used negative bidding
A geotechnical survey will begin at the Codling offshore wind farm in Ireland at the beginning of June as part of the consenting process for the project. Operations are expected to commence on 6 June at the earliest and are likely to finish on 4 July, weather permitting. The works will consist of a
Danish maritime assets investor Navigare Capital has made its first investment in the offshore wind support vessel segment through a majority investment in its partnership with Norway’s Norwind Offshore. Five purpose-built vessels, equipped with battery-hybrid propulsion and power management systems
The New Jersey Economic Development Authority (NJEDA) will shortly launch the next phase of its tenant selection process for the New Jersey Wind Port. This phase will involve seeking offers from Tier 1 wind component manufacturers, such as blades, for an approximately 70-acre parcel of property at t
Fugro has extended its memorandum of understanding (MoU) with Underwater Survey Technology 21 (UST21) to support South Korea’s expansion of wind power assets. According to Fugro, the MoU was extended due to the strong demand for combined geophysical, geotechnical, and metocean data services. The par
Qair, TotalEnergies, and BW Ideol, the partners behind the EolMed project, have launched a new crowdfunding campaign on 12 May targeting EUR 3 million (approximately USD 3.2 million) to finance the 30 MW floating wind farm in the French Mediterranean. Supported by Enerfip, the French crowdfunding pl
Abu Dhabi-based Masdar and National Petroleum Construction Company (NPCC) have entered into an agreement to collaborate on offshore wind and green hydrogen project development in the UAE. Under a Memorandum of Understanding (MoU) signed this month, the two companies will initially focus on collabora
