TotalEnergies Gas & Power Limited has entered into a long-term power purchase agreement (PPA) for electricity produced by the Walney 1 & 2 offshore wind farms in the UK. The company signed the PPA with Offshore Partners Walney (OPW), which holds a 24.8 per cent ownership stake in Walney 1 & 2, major
Ørsted expects three of its offshore wind farms currently under construction to reach full commissioning in the second half of 2026, with Borkum Riffgrund 3 in Germany, Greater Changhua 2b and 4 in Taiwan, and Revolution Wind in the US all approaching completion. The updates were provided by Ørsted
NKT’s new subsea trencher, deemed the world’s most powerful, is approaching final assembly and entering the first round of testing, the Danish power cable manufacturer and installation firm reported. NKT announced the investment in the NKT T-3600 trencher in June 2025, as part of its ongoing investm
CAPE Holland and GBM Works have signed a Memorandum of Understanding (MoU) to jointly develop and commercialise Vibrojet, a technology for installing offshore wind monopile foundations that combines vibratory driving with controlled water jetting. The companies aim to make Vibrojet commercially avai
Vattenfall has launched a tender seeking contractors to provide remotely operated vehicle (ROV) inspections and seabed survey services across its offshore wind portfolio in Denmark, Sweden, the Netherlands and the UK from 2027. According to a contract notice from 4 August, the company is looking to
North Star has secured a GBP 275 million (approximately EUR 321 million) debt financing package to support the expansion of its offshore wind fleet. The financing fully covers the company’s existing shipbuilding commitments and provides additional capital for future vessel acquisitions and newbuild
Seatrium Offshore Renewable Services (ORS) has started construction of a new offshore wind operations hub in Lowestoft, UK. The company says the investment strengthens Seatrium ORS’ operational capability as demand grows for offshore project delivery, hook-up, commissioning, logistics and lifecycle
Palfinger has secured a contract from Smulders to supply 64 davit cranes for ScottishPower Renewables’ East Anglia Two offshore wind farm in the UK. Under the contract, the Austrian company will deliver one PF 160-5m davit crane for each of the project’s 64 wind turbines by the end of 2026. The late
UK renewable energy provider Good Energy has signed a power purchase agreement (PPA) with Ørsted for its Walney 1 and Walney 2 offshore wind farms. Under the two‑year agreement, the largest deal of this kind for Good Energy, the UK company will purchase 200 GWh of electricity each year, around one-s
The Crown Estate reported a decline in annual operating profit to GBP 1.2 billion (approximately EUR 1.4 billion) from GBP 1.4 billion (approx. EUR 1.6 billion) in the previous year due to lower offshore wind Round 4 option fee income, as the Round 4 projects started entering the construction phase.
Europe’s offshore wind sector supported around 180,000 full-time equivalent (FTE) jobs and generated approximately EUR 26 billion in gross value added (GVA) in 2025, according to an analysis by Menon Economics and TGS | 4C. The study found that around 55,000 jobs were supported directly through comp
