Mitsubishi Research Institute (MRI) and BVG Associates (BVGA) have signed a memorandum of understanding (MoU) to strengthen cooperation in high value-added consulting services in offshore wind, serving the offshore wind market in Japan and Japanese clients, globally. The Japanese government has an o
Wpd announced on 5 May that it set up two companies in Greece to develop wind and solar energy projects in the country, and is looking for opportunities to also expand its offshore wind portfolio. Through its companies – wpd solar Hellas and wpd Hellas onshore – wpd is taking up project development
German energy company EnBW Energie Baden-Württemberg AG reported a drop in first-quarter earnings in 2021 compared to the previous year, attributed partly to poorer wind conditions than in Q1 2020. EnBW generated revenue of some EUR 6.83 billion (previous year EUR 5.58 billion), and an operating res
A Spanish-Japanese company has unveiled plans for a 500 MW floating wind farm in the North East of Scotland and is now looking for a financial partner to develop and build the project. The company, with head offices in Madrid and Tokyo, announced on 5 May that it had begun the process of searching f
PGE and Ørsted have closed the joint venture agreement for two Polish offshore wind projects with a combined capacity of up to 2.5 GW. With the closing of the agreement, first announced in February, PGE and Ørsted now each own 50 per cent of the shares in the offshore wind projects Baltica 2 and Bal
Six offshore wind projects under development in the UK, with a total installed capacity 5.5 GW, have passed their Milestone Requirement (MR), Low Carbon Contracts Company (LCCC) reported. The MR is the first significant milestone for projects awarded Contracts for Difference (CfDs), as it requires d
Equinor and Vårgrønn, a joint venture (JV) between Eni and HitecVision, have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway at one of the two areas the country opened last year. The partners said they would jointly prepare and submit an application to the Norwe
Danish wind turbine manufacturer Vestas has recorded zero orders in its offshore wind segment in 2021. Vestas is in the process of integrating the offshore wind business following the acquisition of MHI Vestas Offshore Wind, a 50-50 joint venture with Mitsubishi Heavy Industries, back in December 20
TÜV SÜD has won a contract for wind condition analysis and annual energy production (AEP) assessment services for the next phase of the Southwest Offshore Wind Project in South Korea. The project, developed by the state-owned Korea Offshore Wind Power and also known as Seonam Offshore Wind Farm, is
Siemens Gamesa has highlighted strong opportunities for the wind industry in green hydrogen production, which is reinforcing the growing global wind energy capacity expected to be installed over the next decade. The growth in global wind energy capacity, including a sharp increase in offshore wind i
Ten new companies have joined the AquaVentus offshore wind-to-hydrogen project, including offshore wind developers Ørsted, Equinor, and WindMW, as well as the offshore construction company Royal Boskalis Westminster. The AquaVentus consortium, which is developing a massive project revolving around g
Acta Marine and shareholder MerweOord are seeking a strategic co-owner to support the further expansion of the company’s offshore wind business. The strategic plan focuses on ordering two more construction service operation vessels (CSOVs) in the short term, as well as service operation vessels and
Northern Offshore Services (N-O-S) will take over the management of four Wilson Offshore’s offshore supply vessels (OSVs) designed for accommodation, cargo transfers, walk-to-work (W2W), survey, and ROV operations. Under a cooperation agreement with the ship owner Wilson Offshore, N-O-S will take ov
Leading offshore wind developer Ørsted has suggested that a scour protection method which left the inter-array cables unstabilised could be the potential reason for an up to DKK 3 billion (EUR 403 million) issue across up to ten wind farms in Europe. As reported earlier, Ørsted first became aware of
