Mitsui & Co., Ltd., part of Japan’s Mitsui Group, has agreed to invest EUR 575 million in Mainstream Renewable Power in the form of new common shares, corresponding to a 27.5 percent equity stake in the global renewable energy company. Mitsui will take a long-term active role in the growth of Mainst
Poland’s PGE and Ørsted have invited suppliers to the first in a series of meetings to discuss the needs related to the construction of the Baltica Offshore Wind Farm in Poland. During the first meeting, to be held on 22 April, investors will present the progress of the Baltica Offshore Wind Farm fr
16.8 gigawatts (GW) of new commissioned offshore wind capacity was added globally in 2021, a 161 per cent increase compared with 2020, fueled largely by increased activities offshore China, according to a new report by research company BloombergNEF (BNEF). The scheduled end to China’s offshore wind
Dan McKee, the Governor of the US State of Rhode Island, has introduced legislation that would require a market-competitive procurement for approximately 600 MW of newly-developed offshore wind capacity. If enacted, Rhode Island’s primary utility company would be required to issue the procurement no
Estonia-headquartered developer of wind and solar energy projects in the Baltic States and Poland, Sunly, plans to develop multiple projects in the Baltic Sea and participate in offshore wind auctions in the region. The company, which applied for a permit for the construction of four offshore wind f
BP has entered into an agreement with Marubeni to form a strategic partnership for offshore wind and potentially other decarbonisation projects, including hydrogen, in Japan. The new partnership will see BP acquiring a stake in Marubeni’s proposed offshore wind project in the country. Under the agre
Environmental Resources Management’s (ERM) ERM Dolphyn and Source Energie have entered into a partnership to jointly develop projects in the Celtic Sea that incorporate floating wind and green hydrogen production, with an aim to participate in the Crown Estate’s planned floating wind leasing round.
Irish floating offshore wind developer Simply Blue Group has unveiled a new floating wind project, Nomadic Offshore Wind, off the coast of Northern Ireland, and a related green energy agreement with MJM Renewables. The project is expected to generate electricity with up to 500 MW of capacity that wi
Shell has applied for environmental investigation licences for six offshore wind projects in Brazil with the country’s Institute for the Environment and Natural Resources (IBAMA). The six projects have a total installed capacity of 17 GW. The company submitted an Activity Characterisation Form (FCA)
Aker Offshore Wind is looking at the Scottish oil & gas electrification tender as one of the opportunities for bidding and is also eyeing France, Germany, Ireland, Italy, Spain, and Vietnam as further prospective markets, according to the company’s latest presentation on annual results. Aker Offshor
International renewables consultancy OWC has opened an office in Athens, Greece, to support the growth of the local renewable energy market. In particular, OWC’s new office will cover offshore and onshore wind, grid connections, solar PV, and energy storage. The new office will be headed by Vasilis
After civil engineering company Roadbridge was placed into receivership last week, the developer of the Seagreen offshore wind farm and its Tier 1 supplier for onshore cable works, SSE Renewables and Nexans, are now working to identify if and how this would affect the project and on potential mitiga
Dutch offshore access provider Ampelmann has sold the first W-type gangway to offshore shipping company Olympic Subsea ASA. The new motion compensation system will be permanently fixed on Olympic Orion in 2023 when the vessel is expected to be converted from a multi-purpose support vessel (MPSV) int
Shell Gas & Power Developments B.V. has signed a memorandum of understanding (MoU) with power generation company Korea Southern Power Co., Ltd (KOSPO) to drive Shell’s floating offshore wind and renewable energy ambition in South Korea. Under the MoU, the two energy companies will explore collaborat
