The cyber security incident which forced the Danish wind turbine maker Vestas to shut down IT systems across multiple business units and locations earlier this month was a ransomware attack, the internal investigations have indicated. The incident, which occurred on 19 November, impacted Vestas’ int
Swedish wind farm developer OX2 and Finland’s Bank of Åland Fondbolag Abp have signed a Memorandum of Understanding regarding the development of the Noatun offshore wind farm project, south of the Åland Islands. The collaboration between OX2 and Ålandsbanken Fondbolag will take place via a jointly o
BayWa r.e. has signed a Memorandum of Understanding (MOU) with Ulsan City, South Korea, for the development of floating offshore wind projects off the coast of Ulsan. According to BayWa r.e., floating wind enjoys high levels of public support in Ulsan City, in part due to the city’s major Song Cheol
Danish company Floating Power Plant (FPP) has signed an agreement with the Oceanic Platform of the Canary Islands (PLOCAN) to test its multi-megawatt hybrid floating wind and wave energy platform off the coast of Gran Canaria. The contract will enable FPP to deploy its hybrid offshore renewable ener
BlueFloat Energy, Energy Estate, and Elemental Group are partnering to develop offshore wind farms in New Zealand. The partners have launched “Haumoana – New Zealand Offshore Wind Capacity Building”, a report which highlights New Zealand’s untapped potential for offshore wind development and the opp
15-year offtake Power Purchase Agreements (PPAs) have been signed for the third phase of the 3.6 GW Dogger Bank, the world’s largest offshore wind farm, SSE Renewables and Equinor said. Dogger Bank Wind Farm will be constructed over 130 kilometres out to sea off the north-east coast of England and i
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more o
The Zhong Neng offshore wind project, a joint venture between Copenhagen Infrastructure Partners (CIP) and China Steel Corporation (CSC), has signed a project financing agreement with 20 banks and is expected to reach financial close shortly, CIP said. The 298 MW project is located next to CIP’s Cha
A confidential owner of oil and gas platforms in the North Adriatic Concession area has contracted renewable energy consultancy Megajoule to install multiple wind Lidars at gas platforms as part of the company’s Low Carbon Development Strategy. Lidar ZX 300M will be deployed to begin taking measurem
Norway’s Bounheur ASA has established a new company, Fred. Olsen 1848, dedicated to developing and commercialising new technologies related to renewable energy such as floating offshore wind and floating solar. Fred. Olsen 1848 will focus on the development and commercialization of existing, but als
The government of Australia’s state of Victoria is providing a funding boost of AUD 40 million (around EUR 25.7 million) divided between three offshore wind projects aimed at driving jobs and bringing forward the next wave of renewable energy opportunities. As part of the Energy Innovation Fund, the
Vattenfall has awarded Asso.subsea with a contract for the transportation, installation, protection and commissioning of the 66 kV export and inter-array cables for the Vesterhav Nord and Syd offshore wind projects in Denmark.
Star of the South, Australia’s first offshore wind project, has entered a AUD 43.1 million (around EUR 27.7 million) partnership with the Victorian government to progress key development activities and kick-start a local offshore wind industry. This partnership will see the Star of the South invest
Danish wind turbine manufacturer Vestas has been impacted by a cyber security incident. The incident occurred on Friday, 19 November. As a response, IT systems were shut down across multiple business units and locations to contain the issue, the company said. Vestas has since, together with external
