After signing an agreement with Glennmont Partners in October 2021, Ørsted has now completed the divestment of 50 per cent of the 900 MW Borkum Riffgrund 3 offshore wind farm in Germany. This was the developer’s first farm-down to an institutional investor signed prior to taking a final investment d
The Government of Norway has revealed further details about the upcoming offshore wind auctions at the Sørlige Nordsjø II and Utsira Nord zones with a combined capacity of 4.5 GW. The 3 GW of fixed-bottom capacity at the Sørlige Nordsjø II zone will be auctioned off in two 1.5 GW phases. The auction
Researchers at the University of Malta have kicked off research to assess how the significant amounts of CO2 available from carbon capture and storage (CCS) facilities may support offshore energy storage systems co-located within the same footprint of wind farms. The Investigating the thermal perfor
Forth Ports Limited (Forth Ports) has acquired Dundee-based heavy lifting specialist OM Heavy Lift (OMHL) to offer a full-service package for offshore renewables projects. Financial details of the acquisition have been left undisclosed. Forth Ports announced that the acquisition of OMHL will enhance
Vattenfall has joined forces with Norwegian company Seagust to bid for offshore wind areas in Norway’s upcoming licensing rounds. The two companies have established a joint venture to participate in the auction, which represents Vattenfall’s entry into the Norwegian offshore wind market. The compani
Polish energy companies PKN Orlen and PGE have separately submitted multiple applications for location permits to develop offshore wind farms in newly designated areas of the Polish Baltic Sea. The Polish Ministry of Infrastructure opened a 60-day window for developers to apply for location permits
US offshore support vessel (OSV) operator Hornbeck Offshore plans to offer vessels from its fleet for deployment on offshore wind projects in the country, according to the company’s latest press release on acquiring three OSVs from the US Department of Transportation’s Maritime Administration (MARAD
Singapore-headquartered offshore marine services provider, PACC Offshore Services Holdings Ltd. (POSH) will be shifting its push into renewables away from operational support in the fixed wind market into the development of the “fast-growing” floating wind market. As a consequence, POSH has divested
USG Industrial Utilities (USG) has signed a power purchase agreement (PPA) with Eneco for a portion of electricity generated at the Fryslân wind farm located in lake IJsselmeer, the Netherlands. Starting January 2022, some 350 GWh of electricity generated at the Fryslân wind farm will be supplied to
Technip Energies has acquired a 16.3 per cent stake in X1 Wind, Spanish renewable energy technology startup behind the PivotBuoy floating offshore wind platform. Technip Energies said it was the lead investor in this funding round, which also counts with the participation of the European Commission-
SSE Renewables has issued contract notices seeking Tier 1 contractors for the Arklow Bank Phase 2 wind farm project offshore Ireland. Arklow Bank Wind Park Phase 2 is located approximately 6 to 15 kilometres off the coast of Arklow, Co. Wicklow and covers an area approximately 27 kilometres long and
The Embassy of the Kingdom of the Netherlands in Japan, together with the Netherlands Enterprise Agency (RVO), has commissioned the Dutch company BLIX Consultancy to perform a floating wind market study in Japan, with an aim to strengthen offshore wind collaborations between the two countries and to
The partnership behind the Danish Power-to-X project ‘Green Fuels for Denmark’ has decided to bring forward parts of the project two years earlier than previously planned. The plan involves rolling out 100 MW of the project’s originally planned second phase’s 250 MW electrolysis in 2025 instead of 2
Dutch heavy lifting company Mammoet said it has started investigating what the company describes as ”the possible violation of its intellectual property rights by Huisman and BMS Heavy Cranes.” The investigation concerns the recently announced series of land cranes, including a 3000-ton ring crane,
