Q Energy has acquired a stake in the capital of Pennavel, a project company established by a consortium composed of Elicio and BayWa r.e., which is developing a floating wind project in France. Q Energy, a subsidiary of the South Korean industrial group Hanwha, joins the existing shareholders in dev
The US government is working on settlement agreements that involve the government cancelling TotalEnergies’ Attentive Energy and Carolina Long Bay offshore wind leases and reimbursing the French energy company USD 928 million (around EUR 806 million) for the financial bids through which it secured t
Holland Shipyards Group is constructing a specialist shallow draft cable lay barge, purpose-built to support nearshore and inshore cable installation and marine support operations, for Enshore Subsea, with delivery expected this summer. Enshore Advantage is being built at Holland Shipyards Group’s y
Germany’s RWE has completed the sale of the F.E.W. Baltic II offshore wind project in the Polish Baltic Sea to PGE Polska Grupa Energetyczna (PGE), making the Polish utility the sole owner of the 350 MW project. The offshore wind farm is planned to be built around 50 kilometres north of the Polish t
Spanish energy company Iberdrola has registered a public takeover bid to acquire the remaining shares of its Brazilian subsidiary Neoenergia, aiming to reach full ownership of the company. Iberdrola, which now officially submitted documentation to the Brazilian Securities and Exchange Commission (CV
Norway-headquartered PASSER Group and Australia’s Qube International are planning to establish a dedicated storage and cable‑handling hub in Singapore with the aim of strengthening regional capability and creating a more efficient, integrated logistics footprint for the energy sector across the Asia
Chinese manufacturer of offshore wind foundations, Dajin Heavy Industry, is promoting its initial public offering (IPO) on the Hong Kong Stock Exchange after submitting a listing application in September 2025. “Being listed on one of the world’s leading stock exchanges will allow Dajin to access int
Singapore-based shipbuilder and vessel owner Marco Polo Marine has secured approximately SGD 21 million (around EUR 14 million) through a private share placement, with the company planning to channel the funds toward expanding its capabilities in the offshore wind market. The placement involved the
The power purchase agreement (PPA) that Munich Airport awarded to RWE through a recently closed tender is for the German developer’s new offshore wind farm Nordseecluster A, according to a press release RWE issued on 10 March. As reported in January, RWE came out as the winner in a tender that Munic
Jan De Nul is expanding its fleet with the addition of two trenching support vessels, with the first being a newbuild and the other to be converted from a water injection dredger. The new trenching support vessel, of an Ulstein design and to be built at the China Merchants Heavy Industry (CMHI) ship
UK-based Venterra Group announced two new business developments within its group of companies over the past few days, as INSPIRE Environmental expanded into Scotland and GeoForce Technical Services launched an advanced geotechnical soil testing capability. INSPIRE Environmental has opened a permanen
The following article is a contribution by Bruno Geschier, the Chairman of WFO’s Floating Offshore Wind Committee and the Chairman of FOWT’s Scientific and Technical Committee. Floating offshore wind stands at a pivotal juncture in its evolution. In just over a decade, it has progressed from an intr
Lamprell, a UK manufacturer of offshore wind foundations with facilities in the Middle East, and RTE International, a subsidiary of RTE France specialising in electricity transmission engineering, have signed a strategic Memorandum of Understanding (MoU) under which the two companies plan to team up
