Australian engineering company Worley has entered the offshore wind operations and maintenance market through the acquisition of the UK-based 3sun Group Ltd . Worley acquired 100% of shares in the offshore wind energy installation, inspection and maintenance business for an enterprise value of GBP 2
RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 gigawatts. The company has acquired the shares in the project companies from private owners and developers. RWE intends to further develop, build, and operate the proj
Atkins, together with law firm K&L Gates LLP, has released an updated Offshore Wind Market Handbook to help guide investors through technical and regulatory issues in the US offshore wind market. The US offshore wind market has quickly evolved over the last year, with extensive updates in policy and
Global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, according to a new report published by the International Energy Agency. This is driven by falling costs, supportive government policies and some remarkable technological progress, s
Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry. According to the parties, the Connecticut-based joint venture signals a new chapter of cooperation which began in late 2018 when BSO and
The last few months have been a game-changer for Equinor’s offshore wind business, the Norwegian energy company’s President and CEO Eldar Sætre said while commenting on the company’s results for the third quarter of 2019. ”Together with SSE, we were the winning bidder with three projects at Dogger B
DTU Wind Energy has launched Global Wind Atlas (GWA) version 3.0, a free web-based application containing new data about wind resources worldwide. According to DTU, GWA 3.0 continues to help policymakers, planners and investors identify global, national, regional and local high-wind areas for wind p
PGE Polska Grupa Energetyczna S.A. (PGE) and Ørsted have decided to commence discussions regarding the sale of a 50% stake in two offshore wind farm projects in the Polish Baltic Sea with a total capacity of up to 2.5GW and the cooperation terms for their development. The subject of discussions will
Avangrid Renewables has appointed Alejandro de Hoz, currently the company’s Vice President of Offshore Wind, to the role of President & CEO. He succeeds Laura Beane, who has decided to leave the company. “We have a growing renewables business with strong expertise in core areas of onshore wind and s
Engineering consultancy Offshore Wind Consultants (OWC) is setting up an office in Edinburgh to support the Scottish offshore wind sector. “Scotland is home to many offshore wind development companies and is spearheading floating wind in the UK,” said Katherine Phillips, OWC’s UK country manager. ”F
The U.S. Department of Energy (DOE) has awarded USD 17 million to eight projects focused on offshore wind energy research and development. Two offshore wind technology demonstration projects will receive up to a total of USD 10 million to conduct additional project development activities that enable
Envision Energy and ZF Wind Power have signed an agreement for the development and delivery of gearbox solutions for next-generation offshore wind turbines. With this strategic partnership, the two parties said they leverage their respective advantages in brand, technology and market, while jointly
Fugro has signed a Memorandum of Understanding (MoU) with Underwater Survey Technology 21 (UST21), marking its entry in the South Korean offshore wind market. The agreement will see the two companies collaborating on marine projects in South Korea, with Fugro expanding UST21’s local hydrography capa
Offshore Renewable Energy (ORE) Catapult has launched a new accelerator program focused on the commercialization of new technologies for the UK’s offshore wind supply chain. The Launch Academy is a national technology accelerator program designed to support innovative SMEs to commercialize technolog
