Diamond Transmission Partners has signed an agreement with the owners of the Hornsea One offshore wind farm to acquire the project’s transmission assets. The transmission assets hold an asset value of GBP 1.175 billion and include the onshore substation, export cables, the offshore reactive compensa
DNV has advised PGE Baltica on the setup of a joint venture with Ørsted dedicated to developing two offshore wind projects in the Polish Baltic Sea. DNV provided technical and commercial services related to setting up the joint venture for developing, building, and operating the 1.5 GW Baltica 2 and
More than 40 GW of offshore wind capacity is expected to be installed off the U.S. East Coast by 2035 and the industry could invest USD 140 billion to establish and build out its supply chain, install equipment, and operate the wind farms. This is according to the latest report from BVG Associates (
Siemens Gamesa has ordered 140 offshore wind turbine towers for three different projects at Denmark’s Welcon. 78 towers will be manufactured for the 1.5 GW Hollandse Kust Zuid (HKZ) wind farm in the Dutch North Sea, 38 towers for the 342 MW Kaskasi project in the German North Sea, and 24 towers for
Ocean Winds (OW), a joint venture between EDP Renewables and ENGIE, has signed a collaboration agreement with the Greek renewable energy company Terna Energy to co-develop floating offshore wind projects in Greece. The companies said they were joining forces to identify the most suitable areas and c
The European Commission has approved, under EU State aid rules, Danish support for the Thor offshore wind farm project. Denmark notified the Commission of an aid measure, with a total maximum budget of DKK 6,5 billion (approximately EUR 870 million), to support the design, construction, and operatio
Ørsted and Eversource, through their joint venture, have signed a Host Community Agreement (HCA) with the City of New London in Connecticut, U.S., for the redevelopment of the city port’s State Pier to enable it to support offshore wind farm construction. The State Pier is planned to be upgraded to
Ørsted has opened up applications for its wind turbine technician apprenticeship programme in the UK. The programme spans across three and a half years and sees apprentices studying locally for their first year before getting hands on experience working offshore and across the company in their secon
Apollo and Vekta Group have signed a Memorandum of Understanding (MoU) to together provide services across the offshore wind and oil & gas sectors. The combined service offering brings commercial, project management, yield modelling, power, electrical, mechanical, structural and marine experience. T
Italian oil and gas major Eni has completed the acquisition of a 20 per cent stake in the 1.2 GW Dogger Bank A and the 1.2 GW Dogger Bank B offshore wind farms in the UK. Eni bought the stakes from Equinor (10 per cent) and SSE Renewables (10 per cent). Following this transaction, the […]
China installed a record 3,060 MW of new offshore wind capacity in 2020, corresponding to over half of the offshore wind capacity added globally last year, according to the latest data released by GWEC Market Intelligence. Overall, China had 9,898 MW of installed offshore wind capacity at the end of
Bladt Industries is investing in an expansion of its production facilities at Lindø port of Odense in Denmark to enable the production of XXL monopiles for future offshore wind turbines. The planning for new facilities has already begun and the company has already signed the first agreements with ma
Apollo Engineering has secured a share of GBP 1.3 million funding from the Offshore Wind Growth Partnership (OWGP) to tackle mooring challenges of floating offshore wind. Apollo said its PALM device is a form of disruptive technology focused on the safe and quick connection/ disconnection of the cri
Polish manufacturer of steel foundations for offshore wind farms, ST3 Offshore – which declared bankruptcy in March 2020 – has been put up for sale by the Official Receiver of the company in insolvency. A tender has been issued for the sale of ST3 Offshore with a reserve price of the company amounti
