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Business & Finance

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‘One Turbine to Go’ | Stop-Work Order Could Cost Vineyard Wind 1 the Vessel Needed to Install Its Final Turbine
Business & Finance

‘One Turbine to Go’ | Stop-Work Order Could Cost Vineyard Wind 1 the Vessel Needed to Install Its Final Turbine

Only one wind turbine is left to be installed at the Vineyard Wind 1 site off Massachusetts, according to the project owner’s complaint filed with the US District Court for the District of Massachusetts. The 806 MW offshore wind farm was planned to be completed by 31 March and start delivering power

about 9 months ago
DEME Takes Delivery of Second New WTIV, Both Vessels to Start Offshore Wind Work in First Half of 2026
Business & Finance

DEME Takes Delivery of Second New WTIV, Both Vessels to Start Offshore Wind Work in First Half of 2026

about 9 months ago
Vineyard Wind 1 first power
Business & Finance

Vineyard Wind Files for Preliminary Injunction in US Court

All five developers with offshore wind farms under construction in the US are now fighting the suspension order issued by the US Department of the Interior (DOI) in December 2025, as Vineyard Wind, a company owned 50:50 by Avangrid and Copenhagen Infrastructure Partners (CIP), said on 15 January tha

about 9 months ago
An image showing location of Morgan and Mona projects off the UK coast in Irish Sea
Business & Finance

EnBW Drops Morgan & Mona Offshore Wind Projects After Not Securing CfDs

EnBW has decided to withdraw from the Mona and Morgan offshore wind projects in the UK after not securing Contracts for Difference (CfDs) in the UK’s seventh allocation round. The company says that in a challenging investment environment, the two projects are no longer economically viable as per EnB

about 9 months ago
FIDs on UK’s Newly Awarded Offshore Wind Farms Coming Up in 2026, 2027
Business & Finance

FIDs on UK’s Newly Awarded Offshore Wind Farms Coming Up in 2026, 2027

about 9 months ago
Riga Port Signs First Investor as It Prepares Kundziņsala for Offshore Wind Industry
Business & Finance

Riga Port Signs First Investor as It Prepares Kundziņsala for Offshore Wind Industry

The Freeport of Riga Authority has formally engaged its first investor for the planned Kundziņsala wind technology production complex, following the investor’s selection in October. The port authority said on 12 January that an investment agreement was signed at the end of 2025 with a special-purpos

about 9 months ago
Offshore wind areas Nova Scotia Canada
Business & Finance

South Korean Company Enters Pre-Qualification for Canada’s First Offshore Wind Auction

Hanwha Group’s renewable energy arm in France, Q Energy France, together with Hanwha Ocean, has entered the pre-qualification process to participate in the upcoming offshore wind seabed leasing in Nova Scotia, Canada, the South Korean company said on 14 January. The Canada-Nova Scotia Offshore Energ

about 9 months ago
Fugro, PTSC G&S Extend Offshore Wind Partnership in Vietnam by Two More Years
Business & Finance

Fugro, PTSC G&S Extend Offshore Wind Partnership in Vietnam by Two More Years

Fugro and PTSC Geos and Subsea Services (PTSC G&S), a branch of Petrovietnam Technical Services Corporation, have signed a new agreement to prolong their partnership in Vietnam by two years. Under an extended Memorandum of Understanding (MoU), the companies will continue jointly supporting Vietnam’s

about 9 months ago
Global Investor Joining RWE on Two Norfolk Vanguard Offshore Wind Projects, FID Expected in Summer
Business & Finance

Global Investor Joining RWE on Two Norfolk Vanguard Offshore Wind Projects, FID Expected in Summer

Global investment firm KKR and RWE have signed an agreement under which KKR acquire a 50 per cent stake in each of RWE’s Norfolk Vanguard East and Norfolk Vanguard West offshore wind projects, totalling 3.1 GW in installed capacity. The wind farms were just awarded Contracts for Difference (CfDs) in

about 9 months ago
Vattenfall Takes Final Investment Decision for 1.6 GW Offshore Wind Project in Germany
Business & Finance

Vattenfall Takes Final Investment Decision for 1.6 GW Offshore Wind Project in Germany

The German Federal Maritime and Hydrographic Agency (BSH) has confirmed the permit for Vattenfall’s Nordlicht 2 offshore wind farm. With the permit now irrevocable, the developer has taken the full final investment decision (FID) for the Nordlicht offshore wind cluster, comprising Nordlicht 1 and No

about 9 months ago
SeaRenergy Acquires German Offshore Maintenance and Repair Company
Business & Finance

SeaRenergy Acquires German Offshore Maintenance and Repair Company

SeaRenergy Offshore Holding has acquired 100 per cent of the shares in hemmerschütz Solution, an offshore maintenance and repair services provider based in Germany. SeaRenergy, which took over hemmerschütz Solution on 28 November 2025, says this enables the company to complement its established offe

about 9 months ago
Former Belgian Energy Minister Takes Helm at WindEurope
Business & Finance

Former Belgian Energy Minister Takes Helm at WindEurope

WindEurope has appointed Tinne Van der Straeten, Belgium’s former Minister of Energy, as its new Chief Executive Officer (CEO). Van der Straeten will take over from the organisation’s current CEO, Giles Dickson, who has served in the position for ten years, on 2 February 2026. “The WindEurope Board

about 9 months ago
Maersk WTIV Completes Sea Trials, Delivery Scheduled for February
Business & Finance

Maersk WTIV Completes Sea Trials, Delivery Scheduled for February

The Maersk wind turbine installation vessel (WTIV), being built by Seatrium, has recently completed sea trials and is due for delivery at the end of February, according to the vessel owner. The new WTIV, which is planned to be deployed on Equinor’s Empire Wind offshore wind project in the US, was la

about 9 months ago
Navantia, Windar Roll Out 200th Offshore Wind Jacket Foundation at Spanish Yard
Business & Finance

Navantia, Windar Roll Out 200th Offshore Wind Jacket Foundation at Spanish Yard

Navantia Seanergies and Windar Renovables have marked the production of the 200th jacket foundation for offshore wind at the Navantia Seanergies’ facilities in Spain, according to a social media update posted by Navantia on 9 January. The company did not name the project for which its 200th jacket w

about 9 months ago
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