Belgian materials technology and recycling group Umicore will buy electricity generated by 28 MW of offshore wind capacity at Engie’s offshore wind farm in the Belgian sector of the North Sea. Umicore informed on the signing of a Power Purchase Agreement (PPA) with Engie on 3 February. Under the agr
Norway-based offshore wind turbine installation company, Fred. Olsen Windcarrier ASA, plans to launch an initial public offering (IPO) of new shares and apply for a listing on the Oslo Stock Exchange. Fred. Olsen Windcarrier owns and operates three transport and installation jack-up vessels – Bold T
Danish-based Muehlhan has sold its oil and gas business as the company decided to focus entirely on the renewable energy market. Muehlhan, which provides services in the offshore wind industry primarily by delivering pre-assembly work, said selling its oil and gas division supported the company’s st
Siemens Gamesa Renewable Energy has appointed Jochen Eickholt, a member of the executive board at Siemens Energy, as its Chief Executive Officer (CEO). Eickholt will take the reins at Siemens Gamesa on March 1, replacing Andreas Nauen. Siemens Gamesa ended the first quarter of the Fiscal Year 2022 w
Ørsted will sell 50 per cent of its Hornsea Two offshore wind farm in the UK and expects to close the 1.3 GW project farm-down this year, the company said in its 2021 annual results. Putting the project in full operation will be slightly delayed due to the impact of the Omicron variant of SARS-CoV-2
Japanese shipping company, Nippon Yusen Kaisha (NYK Line), has signed a memorandum of understanding with compatriot Power X, Inc. to set forth the terms of a strategic business alliance for the development and testing of Power X’s marine energy storage solutions (ESS), the Power ARK power transfer v
The Costa Rican Electricity Institute (ICE) is set to launch studies to identify the potential of offshore wind energy in the country as well as the challenges, risks and opportunities in the development, installation, and operation of offshore wind farms in the near future. The studies, which are e
Following a revision of its backlog, Saipem, an Italian offshore engineering and construction services provider, has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins due to the protracted Covid-19 pandemic and cost increases of raw materials and log
Germany’s Federal Maritime and Hydrographic Agency (BSH) has approved the suitability of the N-3.5, N-3.6, and N-7.2 areas in the German exclusive economic zone of the North Sea for the development of offshore wind farms. The three areas have a combined capacity of 1,880 MW. The area N-7.2, located
South Korea’s Doosan Heavy Industries & Construction has installed the 8 MW offshore wind turbine prototype at the Korea Wind Power Demonstration Center in Baeksu, Yeonggwang, South Jeolla Province. The commissioning of the prototype will start at the end of this month, after which international cer
The Denmark-headquartered engineering company COWI will turn down all fossil fuel projects from now on as it aims to transform its business and reach 100 per cent revenue within sustainability-related projects in three to five years’ time. In a press release issued on 25 January, the CEO of COWI Gro
SSE Renewables is about to kick off further geotechnical survey work at the Berwick Bank Wind Farm located off the east coast of Scotland. The first phase which will include a borehole survey is planned to mobilize between 29 January and 1 February, with the completion expected by 22 February. The s
Ocean Winds and the Banque des territoires have reached the final investment decision for the Eoliennes Flottantes du Golfe du Lion (EFGL) floating wind project offshore France. This step will allow the signing of contracts with the main industrial and financial partners and the launch of the projec
Magnora Offshore Wind AS has agreed Heads of Terms (HoT) on cooperation with Hiraeth Energy LLP for the development of two floating offshore wind projects in the Celtic Sea with a total capacity of approximately 700 MW. The UK seabed manager, The Crown Estate, is planning a leasing process in the ar
