Iberdrola has signed an agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, and Stream Invest Holding AG, a Swiss renewable energy group, sealing an option to enter five offshore wind projects with a combined capacity of up to 3.5 GW. All projects have secure
Chemical company INEOS has signed a long-term corporate power purchase agreement (cPPA) with Eneco to source renewable electricity from SeaMade, Belgium’s largest offshore wind farm. The agreement entails the purchase and supply of over 65.5 MW of wind power over the next decade, with delivery set t
DEME has entered into an agreement with Eidesvik to acquire the DP3 offshore installation vessel Viking Neptun, with the transaction expected to be completed in the last few months of this year as the vessel is currently working under a contract with Havfram. According to information on Eidesvik’s c
Spanish energy company Iberdrola and Copenhagen Infrastructure Partners (CIP) have restructured their 50/50 offshore wind joint venture partnership in the United States which owns several offshore wind projects with a combined capacity of 5.3 GW. Iberdrola’s Avangrid Renewables has now taken full ow
The Korean Energy Agency (KEA) has selected DNV to deliver Type Certification services for wind turbines selected in Korean wind farm projects. The certification will be granted according to Korean standards and the international certification scheme IEC, DNV said. ”As wind parks will increasingly b
Ørsted plans to launch two tenders covering transport and installation work on the 1 GW Baltica 3 and 1.5 GW Baltica 2 offshore wind projects in Poland in the coming weeks. The first tender will be launched in the second half of January or early February. The tender will cover the transport and inst
Northland Power Inc. and RWE Renewables GmbH have agreed to co-develop a cluster of offshore wind projects in the German North Sea with a total gross capacity of 1.3 GW. The partners signed an agreement to establish a joint venture company through which they plan to jointly develop, construct, and o
The 399 wind turbines spread over nine zones in the Belgian North Sea produced approximately 6.77 TWh of electricity in 2021, a 0.6 per cent increase compared to 6.73 TWh of electricity generated in 2020. This corresponds to the annual electricity demand of almost two million households, or eight pe
The State of New York will make a USD 500 million investment in offshore wind, hold a new auction in 2022, and explore its floating wind potential, New York Governor Kathy Hochul revealed in her 2022 State of the State. New York will invest up to USD 500 million in the ports, manufacturing, and supp
BW Ideol AS has executed an investment agreement with Japan’s JERA and France’s ADEME Investissement to create an investment company for financing the co-development of floating offshore wind projects using BW Ideol’s patented Damping Pool® technology over the next five years. BW Ideol will hold 51
Polish utility and renewable energy company Polenergia and Lithuania-based Modus Energy, also operating in the renewable energy sector, have agreed on the key terms of an agreement which will see the two parties establishing a joint venture (JV) to develop offshore wind projects in the Baltic Sea. A
Throughout the last year, some of our Premium articles published on Offshore Energy sparked significant interest. Here, we are bringing the top five offshore wind Premium articles on Offshore Energy in 2021: A new method to install offshore wind turbines is said to cut installation time by 89 per ce
Cumulative offshore wind capacity is forecast to more than triple by 2026, reaching almost 120 GW, according to the Renewables 2021 – Analysis and forecasts to 2026 report from the International Energy Agency (IEA). We are going to end this year with offshore wind additions reaching 11 GW, almost do
Tech startup Hydro Wind Energy is in the process of developing scaled prototypes of high-altitude kites powered by offshore wind with the goal to ”disrupt global energy and desalination markets”. The technologies for power generation and energy storage, OceanHydro Wind, and water desalination, SubSe
