SSE Renewables has closed the agreement to form a new joint ownership company, SSE Pacifico, which will pursue the development of offshore wind projects in Japan. The deal includes the acquisition by SSE Renewables of an 80 per cent interest in an offshore wind development platform from Pacifico Ene
Six world-leading offshore wind developers and wind turbine manufacturers have submitted a total of 16 offers in the New Jersey Economic Development Authority’s (NJEDA) sublease solicitation for the New Jersey Wind Port. Ørsted, Atlantic Shores Offshore Wind (a joint venture between Shell and EDF Re
The UK government is setting aside up to GBP 160 million for the development of new large-scale floating offshore wind ports and factories in Wales and Scotland, the UK’s Prime Minister Boris Johnson revealed. Developers and manufacturers looking to invest in this emerging industry will be able to b
The UK government has announced GBP 380 million (around EUR 450 million) of investment in offshore wind in its Autumn Budget and Spending Review. Up to GBP 230 million (around EUR 272.5 million) of this will be available from GBP 1.4 billion (around EUR 1.66 billion) that the government is allocatin
Fred. Olsen Renewables and Vattenfall, who have placed a joint bid in the ScotWind offshore wind leasing round, have signed Memoranda of Understanding (MoUs) with two Orkney offshore service providers, Green Marine and Leask Marine, and Orkney Harbour Authority. According to the developers, the agre
Former Petrofac CEO Ayman Asfari and colleagues have established Venterra Group Plc, a company providing services to the offshore wind industry, which acquired FoundOcean, Osbit, and Gavin & Doherty Geosolutions (GDG). According to a press release from the newly established Venterra, its mission is
The European Investment Bank (EIB) and Japan Bank for International Cooperation (JBIC) have entered into an agreement to further expand cooperation on a range of globally relevant investments, including projects contributing to carbon neutrality in the European Union, such as subsea interconnectors,
Virginia Governor Ralph Northam has announced an agreement for Siemens Gamesa Renewable Energy to establish what will be the first offshore wind turbine blade facility in the United States. According to Siemens Gamesa, this is also the first commitment by a global offshore wind turbine manufacturer
The Offshore Energy Exhibition and Conference (OEEC) is once again returning to RAI in Amsterdam, the Netherlands on 26 and 27 October. ELA Container Offshore has been a prominent part of OEEC for years and this offshore accommodation specialist is returning once again in person as one of the exhibi
Two provinces of South Korea have decided to grant CoensHexicon, a joint venture between Hexicon and Korean company Coens, permission to measure wind conditions in a total of four offshore areas. The permission also entails a priority right to develop offshore wind farms within the areas, according
Nexans is set to open the first U.S. high-voltage subsea cable facility in Charleston, South Carolina, on 9 November. The transformed subsea cable plant will support the expanding US offshore wind market, Nexans said. The company plans to create more than 200 new jobs for the industry by the end of
Edinburgh Airport has teamed up with the world’s largest offshore wind developer Ørsted to reach net-zero by 2040 by using green technologies, including new hydrogen-fuels produced at scale from offshore wind farms, to eliminate carbon emissions from the airport and the aircraft that operate from it
Offshore Energy Exhibition & Conference 2021 is approaching! With only a few days left, don’t forget to sign up to be part of a great event filled with networking opportunities, insightful sessions and doing business. This year’s content theme is: “Offshore Energy in a Changing World.” Four talk sho
Glennmont Partners has signed an agreement with Ørsted to acquire a 50 per cent ownership share in the Borkum Riffgrund 3 offshore wind farm in Germany. The divestment is subject to the final investment decision on the project and to obtaining project permit and merger and foreign investment clearan
